NOT LISTED FOR SALE

550 E Cass St Schoolcraft, MI 49087

Estimated Value: $1,210,288

-- Bed
-- Bath
-- Sq Ft
1.01 Acres

Last Sold October 24, 2013

Last sale price $312,500

Est. 287% increase in value since last sale

Current estimated payment $7,827/month

383 Days on Market

Highlights

  • 1.01 Acre Lot
  • Schoolcraft Middle School Rated A-
  • Baseboard Heating

About This Home

As of October 2013

Eagles Landing offers spacious one and two bedroom apartment homes that are nestled away from the every day hustle and bustle, giving you a quiet and cozy place to call home. Enjoy coming home to an apartment that has the feel of a country cottage. Minutes away are the amenities of downtown Schoolcraft!

Last Agent to Sell the Property

Patrick O'Brien

O'Brien Real Estate License #6502102326 Listed on: 07/18/2012

Last Buyer's Agent

Joe Pohlen

American Realty of West Michigan Inc - I

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1976

Lot Details

  • 1.01 Acre Lot

Parking

  • 30 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Utilities

  • Baseboard Heating
  • Septic System

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water

Property Details

Home Type

Apartment

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • List Price: 395000.0
  • Number of Buildings: 1

Garage/Parking

  • Total Parking Spaces: 30.0

Utilities

  • Heating: Baseboard
  • Heating: Yes
  • Sewer: Septic System
  • Utilities: Telephone Line

Lot Info

  • Lot Size Acres: 1.01
  • Lot Size Area: 1.01
  • Lot Size Sq Ft: 43996.0
  • Zoning Description: R-2

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity

Tax Info

  • Tax Annual Amount: 14760.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2023
Sold by
Kz1 Eagles Landing Llc
Bought by
Aylo Michel and Aylo Alexis
Current Estimated Value
$1,210,288

Purchase Details

Closed on
Mar 21, 2021
Sold by
Eagles Landing 17 Llc
Bought by
Kz1 Eagles Landing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$693,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 12, 2017
Sold by
550 E Cass Llc
Bought by
Eagles Landing 17 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,500
Interest Rate
3.83%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 18, 2012
Closed on
Oct 24, 2013
Sold by
Micb Real Estate Holdings Llc
Bought by
550 E Cass Llc
Seller's Agent
Patrick O'Brien
O'Brien Real Estate
Buyer's Agent
Joe Pohlen
American Realty of West Michigan Inc - I
List Price
$450,000
Sold Price
$312,500
Premium/Discount to List
-$137,500
-30.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.85%
Original Mortgage
$235,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 7, 2012
Sold by
James Dean Properties Llc
Bought by
Micb Real Estate Holdings Llc
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
Aylo Michel -- None Listed On Document
Kz1 Eagles Landing Llc $925,128 Fidelity National Title
Eagles Landing 17 Llc $850,000 Bell Title Agency
550 E Cass Llc $312,500 Devon Title Company
Micb Real Estate Holdings Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kz1 Eagles Landing Llc $693,000
Previous Owner Eagles Landing 17 Llc $637,500
Previous Owner 550 E Cass Llc $60,000
Previous Owner 550 E Cass Llc $386,000
Previous Owner 550 E Cass Llc $235,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2022 12/13/22 Price Changed $850 +6.3% $1 / Sq Ft
12/09/2022 12/09/22 For Rent $800 0.0% --
10/05/2022 10/05/22 Price Changed $800 +3.2% $1 / Sq Ft
07/27/2022 07/27/22 Price Changed $775 +3.3% $1 / Sq Ft
06/07/2022 06/07/22 For Rent $750 0.0% --
05/26/2022 05/26/22 For Rent $750 0.0% --
10/24/2013 10/24/13 Sold $312,500 -30.6% --
08/05/2013 08/05/13 Pending -- -- --
07/18/2012 07/18/12 For Sale $450,000 -- --
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 $13,702 $553,600 $0 $0
2024 $13,702 $517,400 $0 $0
2023 $12,122 $474,100 $0 $0
2022 $28,805 $435,200 $0 $0
2021 $15,033 $425,600 $0 $0
2020 $14,752 $388,700 $0 $0
2019 $13,496 $219,000 $0 $0
2018 $13,762 $223,300 $0 $0
2017 $0 $225,800 $0 $0
2016 -- $227,400 $0 $0
2015 -- $222,600 $21,200 $201,400
2014 -- $222,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Patrick O'Brien

    Seller's Agent in 2013

    Patrick O'Brien

    O'Brien Real Estate

    (269) 207-7446

    2 in this area

    311 Total Sales

    Section Image

  • J

    Buyer's Agent in 2013

    Joe Pohlen

    American Realty of West Michigan Inc - I

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12028339

Southwestern Michigan Association of REALTORS®

APN: 14-18-479-080

Michigan Kalamazoo County Schoolcraft 49087

550 E Cass St, Schoolcraft, MI

This home is located at 550 E Cass St, Schoolcraft, MI 49087 since 18 July 2012 and is currently estimated at $1,210,288. This property was built in 1976. 550 E Cass St is a home located in Kalamazoo County with nearby schools including Schoolcraft Upper Elementary School, Schoolcraft Middle School, and Schoolcraft High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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