$95,000
SOLD NOV 1, 2024

728 W Lovell St Kalamazoo, MI 49007

Central Business District Neighborhood
-- Bed
-- Bath
-- Sq Ft
8,973 Sq Ft Lot

Recently Sold

19% Above List Price

2 Days on Market

Highlights

  • 1 Fireplace
  • Level Lot
  • Heating System Uses Natural Gas
  • Laundry Room
  • Wood Siding

About This Home

As of November 2024

Fantastic opportunity to own a 4 unit rental in a prime location. Located just a short walk from WMU and downtown Kalamazoo, this rental is a gem. The home needs TLC, but at the price, is well worth the investment. Home is being sold as is. Seller will make no repairs.

Last Agent to Sell the Property

Rick Crepas

Jaqua, REALTORS License #6501282261 Listed on: 10/12/2024

Jaqua, REALTORS

Last Buyer's Agent

William VanSlooten

Agent History

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 8,973 Sq Ft Lot
  • Lot Dimensions are 67.98' x 132
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Partial Basement

Laundry

  • Laundry Room
  • Laundry on main level

Parking

  • 8 Parking Spaces
  • Gravel Driveway

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • 4 Units
  • Laundry Facilities

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1900
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 67.98' x 132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2893.0
  • Tax Info:Zoning3: RM-36
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Source:Natural Gas3: Yes
  • Substructure:Partial: Yes
  • Lot Description:Level: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Heat Type:Radiant: Yes
  • Driveway:Gravel: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Laundry Features Common Area: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Cable Available: Yes
  • Utilities Attached Phone Connected: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Partial
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 80000.0
  • Lot Features: Level, Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel
  • Total Parking Spaces: 8.0
  • General Property Info:Total Parking Spaces: 8.0

Utilities

  • Heating: Radiant
  • Heating: Yes
  • Laundry Features: Common Area, Laundry Room, Main Level
  • Sewer: Public Sewer
  • Utilities: Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected

Lot Info

  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
  • Lot Dimensions: 67.98' x 132
  • Lot Size Sq Ft: 8973.0
  • Zoning Description: RM-36
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 2893.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2024
Closed on
Nov 1, 2024
Sold by
Wissman William R and Wissman Beverley S
Bought by
King Highway Homes Llc
Seller's Agent
Rick Crepas
Jaqua, REALTORS
Buyer's Agent
William VanSlooten
Agent History
List Price
$80,000
Sold Price
$95,000
Premium/Discount to List
$15,000
18.75%
Views
2
Current Estimated Value
$158,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,730
Avg. Annual Appreciation
79.20%
Original Mortgage
$168,000
Outstanding Balance
$166,679
Interest Rate
6.79%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$7,949

Purchase Details

Closed on
May 4, 2007
Sold by
Kelly Dorothy B
Bought by
Carlson Stacie E
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 Type Sale Price Title Company
Warranty Deed $95,000 None Listed On Document
Warranty Deed $95,000 None Listed On Document
Personal Reps Deed $90,000 First American
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $168,000 Credit Line Revolving
Previous Owner $79,958 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2024 11/01/24 Sold $95,000 +18.8% --
10/14/2024 10/14/24 Pending -- -- --
10/12/2024 10/12/24 For Sale $80,000 -- --
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 $1,312 $103,100 $0 $0
2024 $1,312 $99,600 $0 $0
2023 $1,255 $87,400 $0 $0
2022 $2,771 $74,700 $0 $0
2021 $2,608 $67,800 $0 $0
2020 $3,367 $60,500 $0 $0
2019 $3,372 $50,800 $0 $0
2018 $3,312 $44,800 $0 $0
2017 $3,167 $42,300 $0 $0
2016 $3,167 $38,300 $0 $0
2015 $3,167 $38,500 $0 $0
2014 $3,167 $36,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rick Crepas

    Seller's Agent in 2024

    Rick Crepas

    Jaqua, REALTORS

    (888) 379-7711

    1 in this area

    81 Total Sales

    Rick Crepas
    Section Image

  • W

    Buyer's Agent in 2024

    William VanSlooten

    Agent History

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24053896

Southwestern Michigan Association of REALTORS®

APN: 06-16-495-002

Michigan Kalamazoo County Kalamazoo 49007 Central Business District

728 W Lovell St, Kalamazoo, MI

This home is located at 728 W Lovell St, Kalamazoo, MI 49007 and is currently priced at $95,000. This property was built in 1900. 728 W Lovell St 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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