NOT LISTED FOR SALE

Estimated Value: $165,000 - $184,000

3 Beds
2 Baths
-- Sq Ft
5,279 Sq Ft Lot

Last Sold May 15, 2020

Last sale price $124,900

Est. 41% increase in value since last sale

Current estimated payment $1,124/month

3 Days on Market

Highlights

  • 0.12 Acre Lot
  • Forced Air Heating System
  • 1-minute walk to Davis Field

About This Home

As of May 2020

Terrific find in Vine Neighborhood! 6 bedrooms, 2 full baths, laundry, ample off street parking and close to campus, restaurants and downtown entertainment district. Currently rented as a duplex but could easily be converted back to single family. Lower level has 2 bedrooms, full bath and kitchen w/large pantry. Upper unit has 4 bedrooms, full bath and nicely finished attic space that has kitchen. New furnace in 2018 that has A coil to add A/C if desired. Wood-burning fireplace, low maintenance brick exterior w/ new facia & soffits. Wood floors throughout much of home and many original details remain. Kalamazoo Promise District. Has been City Certified and inspect for renewal is scheduled but has been delayed due to shut down. Currently rented until July 2020.

Last Agent to Sell the Property

Matt Mulder

Keller Williams Kalamazoo Market Center License #6501337795 Listed on: 05/04/2020

Keller Williams Kalamazoo Market Center

Last Buyer's Agent

Mark Krier

616Homes.com LLC License #6501393608

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,459

Year Built

  • Built in 1905

Lot Details

  • 5,279 Sq Ft Lot

Parking

  • 6 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof

Utilities

  • No Cooling
  • Forced Air Heating System
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,459

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

Exterior Features

  • Construction Materials: Brick
  • List Price: 124900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Telephone Line, Public Water, Public Sewer, Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5279.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2458.84
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2020
Closed on
May 15, 2020
Sold by
Morton Michael and Morton Beverly
Bought by
River City Homes Llc
Seller's Agent
Matt Mulder
Keller Williams Kalamazoo Market Center
Buyer's Agent
Mark Krier
616Homes.com LLC
List Price
$124,900
Sold Price
$124,900
Total Days on Market
3
Current Estimated Value
$176,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,169
Avg. Annual Appreciation
7.01%

Purchase Details

Listed on
Oct 25, 2016
Closed on
Jan 16, 2017
Sold by
Schafer Kenneth and Schafer Lynn
Bought by
Morton Michael and Morton Beverly
Seller's Agent
Jason Sibley
Berkshire Hathaway HomeServices MI
Buyer's Agent
Matt Mulder
Keller Williams Kalamazoo Market Center
List Price
$99,900
Sold Price
$89,500
Premium/Discount to List
-$10,400
-10.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.53%
Original Mortgage
$72,250
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2014
Sold by
Martin Carolyn G
Bought by
Schafer Kenneth and Schafer Lynn

Purchase Details

Closed on
Dec 20, 2002
Sold by
Martin Carolyn G and Schafer Ken W
Bought by
Schafer Kenneth W and Schafer Lynn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,400
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
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
River City Homes Llc $124,900 Ata National Title Group Llc
Morton Michael $89,500 Attorneys Title Agency
Schafer Kenneth -- Devon Title
Schafer Kenneth W -- Metro
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morton Michael $72,250
Previous Owner Schafer Kenneth W $78,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2020 05/15/20 Sold $124,900 0.0% --
05/07/2020 05/07/20 Pending -- -- --
05/04/2020 05/04/20 For Sale $124,900 +39.6% --
01/17/2017 01/17/17 Sold $89,500 -10.4% $52 / Sq Ft
11/26/2016 11/26/16 Pending -- -- --
10/25/2016 10/25/16 For Sale $99,900 -- $58 / Sq Ft
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
2024 $1,666 $75,000 $0 $0
2023 $1,588 $65,600 $0 $0
2022 $3,646 $56,000 $0 $0
2021 $3,526 $51,000 $0 $0
2020 $2,565 $45,500 $0 $0
2019 $2,454 $38,200 $0 $0
2018 $2,698 $35,500 $0 $0
2017 $2,230 $33,400 $0 $0
2016 $2,230 $30,200 $0 $0
2015 $2,230 $30,300 $0 $0
2014 $2,230 $29,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20014289

Southwestern Michigan Association of REALTORS®

APN: 06-21-240-005