NOT LISTED FOR SALE

712 W Lovell St Unit 712 714 Kalamazoo, MI 49007

Central Business District Neighborhood

Estimated Value: $241,000 - $268,000

4 Beds
2 Baths
-- Sq Ft
3,441 Sq Ft Lot

Last Sold December 22, 2023

Last sale price $235,000

Est. 8% increase in value since last sale

Current estimated payment $1,669/month

56 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating System
  • Wood Siding

About This Home

As of December 2023

Great investment opportunity within walking distance of WMU, Kalamazoo College, and downtown Kalamazoo. Large, side-by-side duplex featuring original charm and character with high ceilings, hardwood floors, original doors and trim throughout. Both units have private front and back entry with back entries featuring small green space. Each unit features front and back interior staircases from living rooms and kitchens. The main floors of the building have large living & formal dining rooms with additional parlor spaces on the main level. Both units have 3 bedrooms and 1 full bathroom on the second floor. New roof in 2016, split utilities, & washers and dryers. Units updated as turnovers occur. Solid rental history with little to no vacancy periods. City Certified through 12/31/2024 712-714 W Lovell & 529 Wheaton (mls#23133051) to be sold in a portfolio package together.

Last Agent to Sell the Property

Madison Lukeman

Lukeman Group LLC License #6501378321 Listed on: 10/05/2023

Last Buyer's Agent

Molly Chipouras

M2 Real Estate Collective License #6501436820

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,406

Year Built

  • Built in 1905

Lot Details

  • 3,441 Sq Ft Lot
  • Lot Dimensions are 34.65x99

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Listing and Financial Details

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

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $14,216
  • Gross Income $30,432

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,406

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1905
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 34.65x99
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3406.0
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 246000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Electricity Connected

Lot Info

  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Dimensions: 34.65x99
  • Lot Size Sq Ft: 3441.0

Rental Info

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

Multi Family

  • Gross Income: 30432.0
  • Number of Units Total: 2
  • Operating Expense: 14216.0

Tax Info

  • Tax Annual Amount: 3406.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2023
Closed on
Dec 22, 2023
Sold by
712-714 W Lovell Street Llc
Bought by
Contreras-Barajas Mariela
Seller's Agent
Madison Lukeman
Lukeman Group LLC
Buyer's Agent
Molly Chipouras
M2 Real Estate Collective
List Price
$246,000
Sold Price
$235,000
Premium/Discount to List
-$11,000
-4.47%
Views
28
Current Estimated Value
$254,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,032
Avg. Annual Appreciation
6.06%
Original Mortgage
$176,250
Outstanding Balance
$173,664
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$84,979

Purchase Details

Closed on
Jun 2, 2022
Sold by
Michael Glunk
Bought by
712-714 W Lovell Street Llc

Purchase Details

Listed on
Sep 1, 2015
Closed on
Feb 29, 2016
Sold by
Granger Ryan and Granger Lisa
Bought by
Glunk Michael William and Glunk Shannon Elizabeth
Seller's Agent
Wendy Harp 652 (Realtor for Bar
Granger Group Property Sales
Buyer's Agent
Steve Schreuder
Jaqua, REALTORS
List Price
$139,900
Sold Price
$100,000
Premium/Discount to List
-$39,900
-28.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.59%
Original Mortgage
$75,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2012
Sold by
Fannie Mae
Bought by
Granger Ryan

Purchase Details

Closed on
May 29, 2012
Sold by
Freedom Mortgage Corporation
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Mar 8, 2012
Sold by
Surprenant Marc and Zanotti Anthony
Bought by
Freedom Mortgage Corporation

Purchase Details

Closed on
Aug 27, 2003
Sold by
Surprenant Marc and Zanotti Anthony
Bought by
Zs Property Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
6.18%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 4, 2002
Sold by
Surprenant Marc
Bought by
Zs Property Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.08%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 31, 2002
Sold by
Rininger Rich
Bought by
Surprenant Marc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.08%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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Average Value
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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
Contreras-Barajas Mariela $235,000 None Listed On Document
712-714 W Lovell Street Llc -- None Listed On Document
Glunk Michael William $100,000 Chicago Title Company
Granger Ryan $38,000 Attorneys Title Agency Llc
Fannie Mae -- None Available
Freedom Mortgage Corporation $124,253 None Available
Zs Property Investment Llc -- Metro
Surprenant Marc -- Metro
Zs Property Investments Llc -- --
Surprenant Marc $110,000 Metro
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Contreras-Barajas Mariela $176,250
Previous Owner Glunk Michael William $75,000
Previous Owner Surprenant Marc $27,000
Previous Owner Surprenant Marc $115,600
Previous Owner Surprenant Marc $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2023 12/22/23 Sold $235,000 -4.5% --
11/30/2023 11/30/23 Pending -- -- --
10/05/2023 10/05/23 For Sale $246,000 +146.0% --
02/29/2016 02/29/16 Sold $100,000 -28.5% --
01/25/2016 01/25/16 Pending -- -- --
09/01/2015 09/01/15 For Sale $139,900 -- --
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 $3,186 $123,100 $0 $0
2024 $3,186 $111,100 $0 $0
2023 $1,483 $96,300 $0 $0
2022 $3,405 $81,400 $0 $0
2021 $3,294 $73,500 $0 $0
2020 $3,232 $64,900 $0 $0
2019 $3,112 $53,600 $0 $0
2018 $3,040 $46,900 $0 $0
2017 $2,954 $44,100 $0 $0
2016 $2,954 $39,900 $0 $0
2015 $2,954 $40,100 $0 $0
2014 $2,954 $37,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Madison Lukeman

    Lukeman Group LLC

    (269) 254-8561

    3 in this area

    54 Total Sales

    Section Image
  • Molly Chipouras

    Buyer's Agent in 2023

    Molly Chipouras

    M2 Real Estate Collective

    (269) 303-6422

    2 in this area

    103 Total Sales

    Section Image

  • W

    Seller's Agent in 2016

    Wendy Harp 652 (Realtor for Bar

    Granger Group Property Sales

    (616) 248-3566

    83 Total Sales

    Section Image
  • Steve Schreuder

    Buyer's Agent in 2016

    Steve Schreuder

    Jaqua, REALTORS

    (269) 998-3865

    112 Total Sales

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23137180

Southwestern Michigan Association of REALTORS®

APN: 06-16-496-006

Michigan Kalamazoo County Kalamazoo 49007 Central Business District

712 W Lovell St Unit 712 714, Kalamazoo, MI

This home is located at 712 W Lovell St Unit 712 714, Kalamazoo, MI 49007 since 05 October 2023 and is currently estimated at $254,708. This property was built in 1905. 712 W Lovell St Unit 712 714 is a home located in Kalamazoo County with nearby schools including Woods Lake Elementary School, Linden Grove Middle School, and Kalamazoo Central 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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