Y
Seller's Agent in 2024
Yordanos Torrez
Polaris Real Estate LLC
(616) 272-6996
4 in this area
76 Total Sales
550 Phelps Ave Kalamazoo, MI 49048
Eastside NeighborhoodEstimated Value: $98,000 - $134,000
2
Beds
2
Baths
--
Sq Ft
6,534
Sq Ft Lot
About This Home
As of February 2024Discover the perfect blend of comfort and convenience in this charming duplex! Each unit features 2 bedrooms and 1 bathroom, for residents. Recent upgrades include updated electrical, ensuring safety and efficiency, and a new roof, providing peace of mind for years to come. Whether you're an investor looking for a property or a homeowner seeking a smart investment, this duplex checks all the boxes. Situated in a desirable location, close to amenities and conveniences, this duplex is not just a home; it's an investment in a lifestyle. Don't miss out on the opportunity to own a property and create an income! Schedule a showing today and envision the possibilities that await!''
Last Agent to Sell the Property
Polaris Real Estate LLC License #6501398358 Listed on: 10/18/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,415
Year Built
- Built in 1900
Lot Details
- 6,534 Sq Ft Lot
- Lot Dimensions are 50 x 131
Parking
- 2 Parking Spaces
Home Design
- Composition Roof
- Vinyl Siding
Basement
- Basement Fills Entire Space Under The House
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Cable TV Available
Community Details
- 2 Units
Listing and Financial Details
- The owner pays for trash collection, electricity, water, sewer, gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 18, 2023
Closed on
Feb 9, 2024
Sold by
Gifford Dennis
Bought by
Dickerson Caleb and Dickerson Corin
Seller's Agent
Yordanos Torrez
Polaris Real Estate LLC
Buyer's Agent
Corin Dickerson
City2Shore Gateway Group
List Price
$119,900
Sold Price
$100,000
Premium/Discount to List
-$19,900
-16.6%
Views
39
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,913
Avg. Annual Appreciation
10.42%
Original Mortgage
$75,000
Outstanding Balance
$73,832
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$42,081
Purchase Details
Closed on
Jul 27, 2021
Sold by
Gifford Dennis
Bought by
Gifford Dennis and Gifford Dennis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
2.1%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 22, 2021
Closed on
May 7, 2021
Sold by
Ahmad Ahmad M M and Ahmad Mohamad Layla
Bought by
Gifford Dennis
Seller's Agent
Paul Graham
Five Star Real Estate
Buyer's Agent
Yordanos Torrez
Polaris Real Estate LLC
List Price
$80,000
Sold Price
$75,000
Premium/Discount to List
-$5,000
-6.25%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.79%
Original Mortgage
$100,000
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
Purchase Details
Listed on
Dec 2, 2020
Closed on
Dec 30, 2020
Sold by
Mec Properties Llc
Bought by
Ahmad Ahmad M M and Ahmad Mohamad Layla
Seller's Agent
Matt Clouse
Weichert REALTORS Plat (Main)
Buyer's Agent
Paul Graham
Five Star Real Estate
List Price
$60,000
Sold Price
$50,000
Premium/Discount to List
-$10,000
-16.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
229.55%
Purchase Details
Closed on
Jun 10, 2016
Sold by
Smc Ventures Llc
Bought by
Mec Properties Llc
Purchase Details
Closed on
Apr 15, 2011
Sold by
Commerce Real Estate Llc
Bought by
Smc Ventures Llc
Purchase Details
Closed on
Jun 28, 2006
Sold by
Septer Gary and Septer Michele
Bought by
Commerce Real Estate Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
6.68%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 5, 2006
Sold by
Dodson Douglas L and Dodson Jean M
Bought by
Septer Gary
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
6.68%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dickerson Caleb | $100,000 | First American Title | |
| Gifford Dennis | -- | Star Title Agency Llc | |
| Gifford Dennis | $75,000 | Star Title Agency Llc | |
| Ahmad Ahmad M M | $50,000 | Bell Title Agency | |
| Mec Properties Llc | -- | None Available | |
| Smc Ventures Llc | $165,000 | First American Title Ins Co | |
| Commerce Real Estate Llc | -- | Devon Title | |
| Septer Gary | $64,800 | Devon Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dickerson Caleb | $75,000 | |
| Previous Owner | Gifford Dennis | $52,500 | |
| Previous Owner | Gifford Dennis | $100,000 | |
| Previous Owner | Mec Properties Llc | $225,000 | |
| Previous Owner | Smc Ventures Llc | $275,000 | |
| Previous Owner | Commerce Real Estate Llc | $384,000 | |
| Previous Owner | Septer Gary | $55,080 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/08/2024 02/08/24 | Sold | $100,000 | -9.0% | -- |
| 12/05/2023 12/05/23 | Pending | -- | -- | -- |
| 11/24/2023 11/24/23 | Price Changed | $109,900 | -8.3% | -- |
| 10/18/2023 10/18/23 | For Sale | $119,900 | +59.9% | -- |
| 05/07/2021 05/07/21 | Sold | $75,000 | -6.3% | -- |
| 03/31/2021 03/31/21 | Pending | -- | -- | -- |
| 03/22/2021 03/22/21 | For Sale | $80,000 | +60.0% | -- |
| 01/04/2021 01/04/21 | Sold | $50,000 | -16.7% | -- |
| 12/10/2020 12/10/20 | Pending | -- | -- | -- |
| 12/02/2020 12/02/20 | For Sale | $60,000 | -- | -- |
Source: Southwestern Michigan Association of REALTORS®
Tax History Compared to Growth
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 | $1,227 | $55,300 | $0 | $0 |
| 2024 | $1,227 | $44,500 | $0 | $0 |
| 2023 | $1,052 | $40,600 | $0 | $0 |
| 2022 | $2,415 | $34,900 | $0 | $0 |
| 2021 | $2,136 | $30,900 | $0 | $0 |
| 2020 | $2,370 | $27,600 | $0 | $0 |
| 2019 | $1,526 | $22,600 | $0 | $0 |
| 2018 | $1,573 | $23,300 | $0 | $0 |
| 2017 | $1,509 | $24,000 | $0 | $0 |
| 2016 | $1,509 | $21,500 | $0 | $0 |
| 2015 | $1,509 | $21,600 | $0 | $0 |
| 2014 | $1,509 | $21,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2024
Corin Dickerson
City2Shore Gateway Group
(616) 284-7073
2 in this area
121 Total Sales
-
Seller's Agent in 2021
Paul Graham
Five Star Real Estate
(269) 598-6481
9 in this area
67 Total Sales
-
M
Seller's Agent in 2021
Matt Clouse
Weichert REALTORS Plat (Main)
(517) 648-0341
5 in this area
20 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 23138907
APN: 06-14-261-008
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