NOT LISTED FOR SALE

65 Center Galesburg, MI 49053

Estimated Value: $126,086

6 Beds
4 Baths
-- Sq Ft
0.27 Acres

Last Sold June 14, 2016

Last sale price $65,000

Est. 94% increase in value since last sale

Current estimated payment $945/month

52 Days on Market

About This Home

As of June 2016

Solid investment property in the heart of Galesburg! 4 unit building, long term tenants, positive cash flow! Two, 2 bedroom units and two, 1 bedroom units. All units are furnished with stoves and refrigerators. Owner pays heat, electric, and water/sewer.

Last Agent to Sell the Property

Jack Sharp

Sharp Realty, Inc License #6501265319 Listed on: 04/11/2016

Last Buyer's Agent

Nate Bedecs

Berkshire Hathaway HomeServices MI License #6501366471

Berkshire Hathaway HomeServices MI

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 112 x 105
  • Flag Lot

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding

Parking

  • 6 Parking Spaces
  • Unpaved Driveway

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Heating System Uses Steam
  • Phone Connected
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for trash collection
  • The owner pays for water, sewer, gas

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $800
  • Maintenance Expense $1,000
  • Utility Expense $4,704
  • Operating Expense $9,504
  • Gross Income $26,700
  • Net Operating Income $17,196

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1920
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 112 x 105
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 3000.0
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Substructure:Slab: Yes
  • Lot Description:Flag Lot: Yes
  • Heat Type:Steam: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 74900.0
  • Lot Features: Flag Lot
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Steam, Natural Gas
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Cable Connected, Public Water, Public Sewer

Lot Info

  • Lot Size Acres: 0.27
  • Lot Size Area: 0.27
  • Lot Size Sq Ft: 11761.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas
  • Tenant Pays: Trash Collection

Multi Family

  • Gross Income: 26700.0
  • Insurance Expense: 800.0
  • Maintenance Expense: 1000.0
  • Net Operating Income: 17196.0
  • Number of Units Total: 4
  • Operating Expense: 9504.0

Tax Info

  • Tax Annual Amount: 3000.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2016
Closed on
Jun 14, 2016
Sold by
Offet Vivian Kaye
Bought by
Sheridan Daniel and Sheridan Lisa
Seller's Agent
Jack Sharp
Sharp Realty, Inc
Buyer's Agent
Nate Bedecs
Berkshire Hathaway HomeServices MI
List Price
$74,900
Sold Price
$65,000
Premium/Discount to List
-$9,900
-13.22%
Current Estimated Value
$126,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,086
Avg. Annual Appreciation
7.08%

Purchase Details

Closed on
Nov 16, 2010
Sold by
Offet Harold L and Offet Vivian K
Bought by
Offet Harold L and Offet Vivian K
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sheridan Daniel $65,000 Ask Services Inc
Offet Harold L -- None Available
Offet Harold L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Offet Vivian K $46,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2016 06/14/16 Sold $65,000 -13.2% --
06/02/2016 06/02/16 Pending -- -- --
04/11/2016 04/11/16 For Sale $74,900 -- --
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 $3,090 $79,700 $0 $0
2024 $3,090 $75,200 $0 $0
2023 $3,090 $71,300 $0 $0
2022 $1,400 $62,800 $0 $0
2021 $3,090 $62,200 $0 $0
2020 $3,029 $56,700 $0 $0
2019 $2,793 $48,600 $0 $0
2018 $0 $48,300 $0 $0
2017 $0 $49,500 $0 $0
2016 -- $47,600 $0 $0
2015 -- $46,900 $0 $0
2014 -- $45,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jack Sharp

    Sharp Realty, Inc

    (269) 344-8599

    2 in this area

    34 Total Sales

    Section Image

  • N

    Buyer's Agent in 2016

    Nate Bedecs

    Berkshire Hathaway HomeServices MI

    (269) 629-7653

    2 in this area

    36 Total Sales

    Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16015597

Southwestern Michigan Association of REALTORS®

APN: 07-13-465-060

Michigan Kalamazoo County Galesburg 49053

65 Center, Galesburg, MI

This home is located at 65 Center, Galesburg, MI 49053 since 11 April 2016 and is currently estimated at $126,086. This property was built in 1920. 65 Center is a home located in Kalamazoo County with nearby schools including Galesburg-Augusta Primary School, Galesburg-Augusta Middle School, and Galesburg-Augusta 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.
Copyright 2025 MichRIC, LLC. All rights reserved.

Nearby Homes