NOT LISTED FOR SALE

Estimated Value: $311,000 - $341,000

4 Beds
4 Baths
-- Sq Ft
2,831 Sq Ft Lot

Last Sold July 26, 2024

Last sale price $310,000

Est. 3% increase in value since last sale

Current estimated payment $1,848/month

15 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating System
  • Wood Siding
  • Window Unit Cooling System
  • High Speed Internet
  • 3-minute walk to West Main Park

About This Home

As of July 2024

Welcome to this exceptional multi-family property located in the heart of growing downtown Kalamazoo, in the Stuart neighborhood! This well-maintained four-unit building, brimming with historic charm, is a rare gem in a highly sought-after area. Just a short distance from Western Michigan and Kalamazoo College. Each of the four units features a cozy one-bed one-bath layout, high ceilings and large windows that allow natural light to flood in. Continuous care and attention have kept this building in top-notch condition and with a reputation for never having vacancies, this property offers consistent rental income. Do not miss the opportunity to own this well-maintained multi-family property in downtown Kalamazoo. Tenants utilize parking directly in front of building.

Last Agent to Sell the Property

Nick Ailstock

Zuiderveen, REALTORS LLC Listed on: 06/18/2024

Last Buyer's Agent

Sheila Strong

Strong Properties, LLC License #6504431351

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,188

Year Built

  • Built in 1865

Lot Details

  • 2,831

Home Design

  • Composition Roof
  • Wood Siding

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 4 Parking Spaces
  • Unpaved Driveway
  • Unpaved Parking

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Window Unit Heating System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • 1 Fireplace
  • 2,831 Sq Ft Lot

Community Details

  • 4 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,188

Year Built

Built in 1865

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1865
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 2,838
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3188.0
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: 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
  • Util Avail at Street:Broadband: Yes
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Cable2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Laundry Features In Basement: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 325000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Unpaved
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Laundry Features: In Basement
  • Sewer: Public Sewer
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected, Broadband

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Dimensions: 2,838
  • Lot Size Sq Ft: 2831.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 3188.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2024
Closed on
Jul 26, 2024
Sold by
Empire Property Solutions Llc
Bought by
Emeritus Capital Llc
Seller's Agent
Nick Ailstock
Zuiderveen, REALTORS LLC
Buyer's Agent
Sheila Strong
Strong Properties, LLC
List Price
$325,000
Sold Price
$310,000
Premium/Discount to List
-$15,000
-4.62%
Views
9
Current Estimated Value
$320,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,339
Avg. Annual Appreciation
2.97%

Purchase Details

Closed on
Mar 8, 2019
Sold by
Coyle James M
Bought by
Empire Property Solutions Llc

Purchase Details

Closed on
Aug 23, 2004
Sold by
Williams Kristopher and Santucci Michele A
Bought by
Coyle James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,850
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage
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
Emeritus Capital Llc $310,000 None Listed On Document
Empire Property Solutions Llc -- None Available
Coyle James M $121,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Emeritus Capital Llc $1,000,000
Previous Owner Coyle James M $49,900
Previous Owner Coyle James M $102,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2024 07/26/24 Sold $310,000 -4.6% --
07/03/2024 07/03/24 Pending -- -- --
06/18/2024 06/18/24 For Sale $325,000 -- --
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 $1,386 $116,300 $0 $0
2024 $1,386 $102,800 $0 $0
2023 $1,321 $95,700 $0 $0
2022 $3,033 $76,600 $0 $0
2021 $3,047 $69,200 $0 $0
2020 $2,878 $63,600 $0 $0
2019 $2,772 $59,600 $0 $0
2018 $2,708 $54,900 $0 $0
2017 $2,731 $54,300 $0 $0
2016 $2,731 $52,500 $0 $0
2015 $2,731 $44,900 $0 $0
2014 $2,731 $38,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24030944

Southwestern Michigan Association of REALTORS®

APN: 06-16-419-005