NOT LISTED FOR SALE

Estimated Value: $175,369 - $202,000

4 Beds
2 Baths
-- Sq Ft
3,528 Sq Ft Lot

Last Sold April 26, 2023

Last sale price $153,250

Est. 22% increase in value since last sale

Current estimated payment $1,176/month

29 Days on Market

Highlights

  • 1 Fireplace
  • Laundry Facilities
  • Wood Siding
  • Forced Air Heating System

About This Home

As of April 2023

Large duplex downtown Kalamazoo, currently renting for a total of $1,545/mo with tenants paying for their own gas, electric and water. 3 bed 1 bath upper unit and a 2 bed 1 bath lower unit. Each unit is approximately 1,100 sq ft, Main floor unit has nice character with hardwood floors, pillars and decorative fireplace. Units are currently rented under market value which can bring a solid upside to the buyer. Many recent updates, including a new roof (2021), complete tear off with full re-decking. City rental certified through 1/20/2025!

Last Agent to Sell the Property

Adam Atwood

Five Star Real Estate License #6506047769 Listed on: 02/25/2023

Five Star Real Estate

Last Buyer's Agent

Zac Folsom

NextHome ONE of Kalamazoo License #6501384937

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1895

Lot Details

  • 3,528 Sq Ft Lot
  • Lot Dimensions are 41x85

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Basement
  • Michigan Basement

Parking

  • 4 Parking Spaces
  • Unpaved Driveway
  • Unpaved Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • Separate Water Meter
  • Shared Water Meter
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for water, sewer, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1895
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 41x85
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 4211.08
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Driveway:Unpaved: Yes
  • Utilities Attached:Telephone Line: Yes
  • Substructure:Michigan Basement: Yes
  • Extras:Laundry Facility: Yes
  • Extras:Sep Gas Meter: Yes
  • Extras:Sep Water Meter: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 154900.0
  • Lot Features: 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: Unpaved
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Dimensions: 41x85
  • Lot Size Sq Ft: 3528.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 4211.08
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2023
Closed on
Apr 28, 2023
Sold by
Curtis Brian
Bought by
Folsom Zachariah and Folsom Corinne
Seller's Agent
Adam Atwood
Five Star Real Estate
Buyer's Agent
Zac Folsom
NextHome ONE of Kalamazoo
List Price
$159,900
Sold Price
$153,250
Premium/Discount to List
-$6,650
-4.16%
Views
84
Current Estimated Value
$187,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,842
Avg. Annual Appreciation
5.35%
Original Mortgage
$107,282
Outstanding Balance
$104,631
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$68,774

Purchase Details

Listed on
Jul 1, 2021
Closed on
Aug 11, 2021
Sold by
Bishop Erik and Bishop Holly
Bought by
Curtis Brian
Seller's Agent
Adam Atwood
Five Star Real Estate
Buyer's Agent
Adam Atwood
Five Star Real Estate
List Price
$119,900
Sold Price
$125,000
Premium/Discount to List
$5,100
4.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.73%
Original Mortgage
$93,750
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2016
Sold by
Wright Gerald P and Wright Kim C
Bought by
Bishop Erik and Bishop Holly

Purchase Details

Closed on
Jul 27, 2006
Sold by
Weller Alex M and Weller Alew Michieal
Bought by
Wm Specialty Mortgage Llc

Purchase Details

Closed on
Jun 29, 2006
Sold by
Weller Alex M and Weller Alew Michieal
Bought by
Wm Specialty Mortgage Llc

Purchase Details

Closed on
Apr 27, 2006
Sold by
Weller Alex M
Bought by
809 Oak Revocable Trust and Zieve Joel

Purchase Details

Closed on
Oct 4, 2002
Sold by
Kleist Scott Carl and Weller Alex Michael
Bought by
Weller Alew Michieal
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
Folsom Zachariah $153,260 Chicago Title
Curtis Brian $125,000 Star Title Agency Llc
Bishop Erik $56,000 Devon Title Company
Wm Specialty Mortgage Llc -- E Title
Wm Specialty Mortgage Llc $92,144 None Available
809 Oak Revocable Trust -- None Available
Weller Alew Michieal $35,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Folsom Zachariah $107,282
Previous Owner Curtis Brian $93,750
Previous Owner Wright Gerald P $160,000
Previous Owner Weller Alex M $88,000
Previous Owner Weller Alex $79,347
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2023 04/26/23 Sold $153,250 -1.1% --
03/26/2023 03/26/23 Pending -- -- --
03/22/2023 03/22/23 Price Changed $154,900 -3.1% --
02/25/2023 02/25/23 For Sale $159,900 +27.9% --
08/12/2021 08/12/21 Sold $125,000 +4.3% --
07/05/2021 07/05/21 Pending -- -- --
07/01/2021 07/01/21 For Sale $119,900 -- --
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 $1,982 $87,800 $0 $0
2024 $1,982 $79,200 $0 $0
2023 $1,772 $69,000 $0 $0
2022 $4,211 $58,800 $0 $0
2021 $2,397 $53,300 $0 $0
2020 $2,352 $47,300 $0 $0
2019 $2,265 $39,500 $0 $0
2018 $2,213 $34,100 $0 $0
2017 $2,073 $32,100 $0 $0
2016 $2,073 $29,100 $0 $0
2015 $2,073 $29,200 $0 $0
2014 $2,073 $27,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23005654

Southwestern Michigan Association of REALTORS®

APN: 06-21-282-006