NOT LISTED FOR SALE

542 Commonwealth Place Unit 54244 Kalamazoo, MI 49006

Westwood Neighborhood

Estimated Value: $256,000 - $289,000

4 Beds
3 Baths
-- Sq Ft
0.31 Acres

Last Sold June 22, 2017

Last sale price $127,000

Est. 111% increase in value since last sale

Current estimated payment $1,525/month

3 Days on Market

About This Home

As of June 2017

Great investment opportunity! Perfect for owner occupied or an investor. This meticulously well kept duplex is just off from W. Main and near many restaurants and shopping centers. 542 has a remodeled kitchen with island, recessed lights, dishwasher, snack bar and dining area. 2 bedrooms, 2 baths, laundry room, attached 1 car garage and a 10 x 12 deck. 544 has 2 bedrooms, 1 bath that was remodeled, kitchen with dishwasher and dining area, laundry area and 2 car garage. Huge backyard that is mostly fenced in. Don't miss out on this wonderful investment opportunity!

Last Agent to Sell the Property

Suzanne Scott

Chuck Jaqua, REALTOR License #6501358756 Listed on: 05/08/2017

Chuck Jaqua, REALTOR

Last Buyer's Agent

Heather Conley

CENTURY 21 Affiliated

CENTURY 21 Affiliated

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 123x109.14

Parking

  • 4 Parking Spaces

Home Design

  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Utilities

  • Baseboard Heating
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for water, sewer

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1957
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 123x109.14
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 3758.0
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Utilities Attached:Electric4: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Substructure:Slab: Yes
  • Heat Type:Baseboard: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab

Exterior Features

  • List Price: 130000.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Unit 1:Garage4: Yes
  • Unit 2:Garage5: Yes

Utilities

  • Heating: Electric, Baseboard
  • Heating: Yes
  • Utilities: Telephone Line, Public Water, Public Sewer, Cable Connected, Broadband
  • Heat Source:Electric2: Yes

Lot Info

  • Lot Size Acres: 0.31
  • Lot Size Area: 0.31
  • Lot Size Sq Ft: 13504.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3758.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2017
Closed on
Jun 22, 2017
Sold by
Swartz Josiah D and Swartz Kristin L
Bought by
Smith Gregory D
Seller's Agent
Suzanne Scott
Chuck Jaqua, REALTOR
Buyer's Agent
Heather Conley
CENTURY 21 Affiliated
List Price
$130,000
Sold Price
$127,000
Premium/Discount to List
-$3,000
-2.31%
Current Estimated Value
$267,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,951
Avg. Annual Appreciation
8.65%
Original Mortgage
$95,250
Outstanding Balance
$51,580
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$198,531

Purchase Details

Listed on
Oct 31, 2013
Closed on
Apr 11, 2014
Sold by
Fitzstephens Joyce A
Bought by
Swartz Josiah D and Swartz Kristin L
Seller's Agent
Greg Miller
Berkshire Hathaway HomeServices MI
Buyer's Agent
Joshua Van Dyke
Berkshire Hathaway HomeServices Michigan Real Estate
List Price
$114,900
Sold Price
$110,000
Premium/Discount to List
-$4,900
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.59%
Original Mortgage
$108,007
Interest Rate
4.41%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Smith Gregory D $127,000 Ata National Title Group Llc
Swartz Josiah D $110,000 Ppr Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Gregory D $95,250
Previous Owner Swartz Josiah D $108,007
Previous Owner Fitzstephens Joyce A $94,000
Previous Owner Fitzstephens Joyce A $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2017 06/22/17 Sold $127,000 -2.3% --
05/11/2017 05/11/17 Pending -- -- --
05/08/2017 05/08/17 For Sale $130,000 +18.2% --
04/11/2014 04/11/14 Sold $110,000 -4.3% --
02/05/2014 02/05/14 Pending -- -- --
10/31/2013 10/31/13 For Sale $114,900 -- --
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $781 $108,900 $0 $0
2024 $781 $105,100 $0 $0
2023 $744 $95,100 $0 $0
2022 $4,898 $80,400 $0 $0
2021 $4,632 $73,000 $0 $0
2020 $4,560 $67,300 $0 $0
2019 $4,397 $63,000 $0 $0
2018 $4,289 $59,200 $0 $0
2017 $0 $59,200 $0 $0
2016 -- $56,700 $0 $0
2015 -- $55,400 $0 $0
2014 -- $56,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17020789

Southwestern Michigan Association of REALTORS®

APN: 06-17-255-280