NOT LISTED FOR SALE

720 Ashley Dr Kalamazoo, MI 49048

Estimated Value: $235,000 - $242,000

4 Beds
2 Baths
-- Sq Ft
2,388 Sq Ft Lot Lot

Sale Details

Date Sold: October 18, 2018

Last sale price $139,750

Est. 72% increase in value since last sale

Current estimated payment $1,344 / mo

57 Days on Market

About This Home

As of October 2018

Sturdy, solid built brick home, uniquely divided into two rentals- great for duplex rental, single family, or live-in with rental. Larger unit features updated kitchen, sun/utility room, three bedrooms, and two baths, including ensuite master bath. Smaller cozy one-bed, one-bath apartment upstairs may be rented or easily converted to mother-in-law suite accessible from main part of house. So many options! Fenced back yard is enjoyed from deck. Garage is huge with large work shop area. Excellent rental history in quiet neighborhood. Seller is related to real estate agent licensed in Michigan.

Last Agent to Sell the Property

Barbara Silverman

Prudential Preferred, REALTORS Listed on: 06/27/2018

Last Buyer's Agent

Neil Meadmore

Evenboer Walton, REALTORS License #6501208043

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,163

Year Built

  • Built in 1929

Lot Details

  • 2,388 Sq Ft Lot
  • Lot Dimensions are 74 x 132

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 4 Parking Spaces
  • Unpaved Driveway
  • Unpaved Parking
  • Paved Parking

Utilities

  • Window Unit Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Window Unit Heating System
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,163

Year Built

Built in 1929

Lot Details

2,388 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1929
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • OfficeContract Info:List PriceSqFt2: 58.21
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 74 x 132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Substructure:Partial: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Heat Type:Wall Furnace: Yes
  • Driveway:Unpaved: Yes
  • Substructure:Slab: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Substructure:Crawl Space: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Cable Available: Yes
  • Util Avail at Street Phone Available: Yes
  • Utilities Attached Cable Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Remarks Misc: Public Remarks: Sturdy, solid built brick home, uniquely divided into two rentals- great for duplex rental, single family, or live-in with rental. Larger unit features updated kitchen, sun/utility room, three bedrooms, and two baths, including ensuite master bath. Smaller cozy one-bed, one-bath apartment upstairs may be rented or easily converted to mother-in-law suite accessible from main part of house. So many options! Fenced back yard is enjoyed from deck. Garage is huge with large work shop area. Excellent rental history in quiet neighborhood. Seller is related to real estate agent licensed in Michigan.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space, Partial, Slab
  • Basement: Yes

Exterior Features

  • Construction Materials: Brick
  • List Price: 142500.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Other, Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, Unpaved
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Unit 1:Garage4: Yes

Utilities

  • Cooling: Central Air, Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air, Wall Furnace
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected, Storm Sewer

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Dimensions: 74 x 132
  • Lot Size Sq Ft: 2388.0

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3163.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2018
Closed on
Oct 18, 2018
Sold by
Reusch Vincent
Bought by
Penna Justin and Penna Marcelo Adrian
Seller's Agent
Barbara Silverman
Prudential Preferred, REALTORS
Buyer's Agent
Neil Meadmore
Evenboer Walton, REALTORS
List Price
$157,500
Sold Price
$139,750
Premium/Discount to List
-$17,750
-11.27%
Current Estimated Value
$239,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,970
Avg. Annual Appreciation
7.38%
Original Mortgage
$104,812
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2004
Sold by
Gregory Joanne M and Vandewalle Gabriel
Bought by
Reusch Vincent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,720
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
Penna Justin $139,750 Nations Title Agency
Reusch Vincent $140,800 Chicago Title
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
Closed Penna Justin $104,812
Previous Owner Reusch Vincent $126,720
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2018 10/18/18 Sold $139,750 -11.3% --
08/23/2018 08/23/18 Pending -- -- --
06/27/2018 06/27/18 For Sale $157,500 -- --
Source: MichRIC

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 $763 $124,300 $0 $0
2024 $741 $109,300 $0 $0
2023 $706 $96,800 $0 $0
2022 $4,657 $83,500 $0 $0
2021 $4,404 $74,800 $0 $0
2020 $4,336 $68,300 $0 $0
2019 $4,180 $58,700 $0 $0
2018 $3,303 $49,300 $0 $0
2017 $0 $49,300 $0 $0
2016 -- $46,400 $0 $0
2015 -- $44,700 $0 $0
2014 -- $43,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 18029772

MichRIC

APN: 06-13-141-340

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