NOT LISTED FOR SALE

Estimated Value: $2,976,436

35.9 Acres
$82,909 Price per Acre
1,563,804 Sq Ft Lot

Sale Details

Date Sold: August 31, 2022

Last sale price $2,551,500

Est. 17% increase in value since last sale

Current estimated payment $19,780 / mo

363 Days on Market

Highlights

  • Golf Course View
  • Thomas M. Ryan Intermediate School Rated A-
  • 35.9 Acre Lot

About This Lot

As of August 2022

31.34 +/- acres of prime commercial land zoned B-3 and ready for development near the southwest corner of Gull Rd and East G Ave just outside of the city of Kalamazoo. The immediate area has grown over the last several years as development has traveled outward from the Kalamazoo urban core. Traffic counts at the Gull Rd and East G Ave intersection averaged 23,552 vehicles per day. There are 26,574 households with an average household income of $83,155 within a 3-mile radius. Walmart and Meijer's are both within a half mile, along with many other retailers including Walgreen's, Discount Tire, Tractor Supply, several retail strip-centers and many fast food and dine-in restaurants. The property consists of three generally level adjacent parcels of land that can be accessed off of Gull Rd or East G Ave. Parcel 1 has 16.476 acres, including Bobick's Golf Center (golf pro shop and driving range), Parcel 2 and 3 add up to another 14.86 acres. There is also a separate 4.56 acre parcel nearby with 398 ft of frontage on East G Ave currently zoned R-1A.

Last Agent to Sell the Property

The Miller Group

Berkshire Hathaway HomeServices Listed on: 07/28/2020

Last Buyer's Agent

Non Member

Non Member Office

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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $51,563

Lot Details

  • 35.9

Additional Features

  • 35.9 Acre Lot
  • Golf Course Views

Property Details

Property Type

Land

Est. Annual Taxes

$51,563

Lot Details

35.9 Acres

Listing Details

  • Property Type: Land
  • General Property Info:Lot Size Dimensions: Irregular
  • General Property Info:Trees: Patrial
  • General Property Info:Wooded: Patrial
  • General Property Info:Road Surface: Asphalt
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Garage/Parking

  • Parking Features: Asphalt
  • Attached Garage: No
  • Parking Features:Asphalt2: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Sewer:Public Sewer: Yes

Schools

  • Junior High Dist: Other Area

Lot Info

  • Lot Size Acres: 35.9
  • Lot Size: Irregular
  • Lot Size Sq Ft: 1563804.0
  • ResoLotSizeUnits: Acres
  • Land Acreage:_two_0 thru 50 Acres: Yes
  • General Property Info:Soil Types: Unknown
  • Land Acreage:Busy Road: Yes
  • Land Acreage:Commercial View: Yes
  • Land Acreage:Golf View: Yes

Tax Info

  • Tax Annual Amount: 51562.52
  • Tax Info:Taxable Value: 832635.0
  • Tax Info:State Eq Value: 1521500.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2014
Sold by
Feaster Richard E and Feaster Jennifer Sue
Bought by
Current Estimated Value
$2,976,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Outstanding Balance
$1,321,887
Interest Rate
4.31%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 28, 2004
Sold by
Gull Centre Llc
Bought by
Feaster Richard E
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Diversfield National Title
Feaster Richard E -- Professional Title & Mortgag
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,800,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/31/2022 08/31/22 Sold $2,551,500 +2.3% --
07/26/2021 07/26/21 Pending -- -- --
07/28/2020 07/28/20 For Sale $2,495,000 -- --
Source: Greater Lansing Association of Realtors®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 -- $0 $0 $0
2023 $7,110 $662,100 $0 $0
2022 $32,372 $837,100 $0 $0
2021 $31,816 $836,600 $0 $0
2020 $30,311 $788,600 $0 $0
2019 $28,551 $605,100 $0 $0
2018 $28,136 $584,500 $0 $0
2017 $0 $580,000 $0 $0
2016 -- $574,400 $0 $0
2015 -- $455,400 $401,900 $53,500
2014 -- $455,400 $0 $0
Source: Public Records

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 248182

Greater Lansing Association of Realtors®

APN: 07-05-135-030

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