NOT LISTED FOR SALE

718 S Park St Kalamazoo, MI 49007

Vine Neighborhood

Estimated Value: $213,000 - $243,000

4 Beds
2 Baths
-- Sq Ft
4,690 Sq Ft Lot

Last Sold October 19, 2022

Last sale price $205,000

Est. 11% increase in value since last sale

Current estimated payment $1,412/month

5 Days on Market

About This Home

As of October 2022

Gorgeous duplex in a prime location for tenants or owner occupants. This vinyl sided duplex with separated gas and electric is an investors dream or perfect for an owner occupant. Refinished hardwood floors, updated kitchens, smart thermostats, updated electric and plumbing are complete. The unfinished attic space may offer a prime opportunity for the addition of extra living space. All of this and off street parking. Call today for your private showing.
Unit 1 lease is Month to Month beginning 10/1/2022 Rent is $950/Month, Unit 2 lease expired Rent was $1050/Month

Last Agent to Sell the Property

Missy Dahlinger

Berkshire Hathaway HomeServices MI Listed on: 09/09/2022

Berkshire Hathaway HomeServices MI

Last Buyer's Agent

Scott Koop

Greenridge Realty (EGR) License #6501210051

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,079

Year Built

  • Built in 1905

Lot Details

  • 4,690

Parking

  • 5 Parking Spaces

Home Design

  • Composition Roof

Additional Features

  • Michigan Basement
  • 4,690 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water, sewer

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $869
  • Manager Expense $1,187

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,079

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
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • List Price: 218000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}

Garage/Parking

  • Total Parking Spaces: 5.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Public Water, Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4690.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Electricity

Multi Family

  • Insurance Expense: 869.4
  • Manager Expense: 1186.5
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3078.92
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2023
Sold by
Terpstra Family Trust
Bought by
Ck Kalamazoo Holdings Llc
Current Estimated Value
$227,583

Purchase Details

Listed on
Sep 9, 2022
Closed on
Oct 19, 2022
Sold by
Brown Ashley M
Bought by
Terpstra Kirsten Treadway and Terpstra Craig
Seller's Agent
Missy Dahlinger
Berkshire Hathaway HomeServices MI
Buyer's Agent
Scott Koop
Greenridge Realty (EGR)
List Price
$218,000
Sold Price
$205,000
Premium/Discount to List
-$13,000
-5.96%
Views
36

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.66%
Original Mortgage
$153,750
Interest Rate
6.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2018
Sold by
Knapp Pamella and Owens Pamella
Bought by
Bauman Ashley M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,431
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 13, 2004
Sold by
Suhr Kyle and Suhr Lisa M
Bought by
Owens Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,043
Interest Rate
6.06%
Mortgage Type
FHA
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
Ck Kalamazoo Holdings Llc -- None Listed On Document
Terpstra Family Trust -- --
Terpstra Kirsten Treadway $205,000 --
Bauman Ashley M $134,000 Metro Advantage Title
Owens Pamela $122,000 Title Bond
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Terpstra Kirsten Treadway $153,750
Previous Owner Barnum Ashley M $129,431
Previous Owner Owens Pamella M $115,584
Previous Owner Owens Pamela $121,043
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2022 10/19/22 Sold $205,000 -6.0% --
09/14/2022 09/14/22 Pending -- -- --
09/09/2022 09/09/22 For Sale $218,000 -- --
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 $2,168 $90,300 $0 $0
2024 $2,168 $82,300 $0 $0
2023 $2,066 $72,000 $0 $0
2022 $3,183 $61,700 $0 $0
2021 $3,079 $56,500 $0 $0
2020 $2,433 $50,900 $0 $0
2019 $2,327 $43,100 $0 $0
2018 $1,774 $38,100 $0 $0
2017 $2,634 $36,300 $0 $0
2016 $2,634 $33,000 $0 $0
2015 $2,634 $33,100 $0 $0
2014 $2,634 $31,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Missy Dahlinger

    Seller's Agent in 2022

    Missy Dahlinger

    Berkshire Hathaway HomeServices MI

    (269) 358-3800

    20 in this area

    70 Total Sales

    Missy Dahlinger
    Section Image

  • S

    Buyer's Agent in 2022

    Scott Koop

    Greenridge Realty (EGR)

    (616) 450-5161

    7 in this area

    95 Total Sales

    Scott Koop
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22039055

Southwestern Michigan Association of REALTORS®

APN: 06-22-151-010

Michigan Kalamazoo County Kalamazoo 49001 Vine

718 S Park St, Kalamazoo, MI

This home is located at 718 S Park St, Kalamazoo, MI 49007 since 09 September 2022 and is currently estimated at $227,583. This property was built in 1905. 718 S Park St is a home located in Kalamazoo County with nearby schools including Woods Lake Elementary School, Maple Street Magnet School for the Arts, and Loy Norrix 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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