NOT LISTED FOR SALE

816 W Lovell St Kalamazoo, MI 49007

Central Business District Neighborhood

Estimated Value: $243,000 - $309,597

4 Beds
4 Baths
-- Sq Ft
9,148 Sq Ft Lot

Last Sold July 03, 2024

Last sale price $305,000

Est. 9% decrease in value since last sale

Current estimated payment $1,914/month

16 Days on Market

Highlights

  • Wooded Lot
  • Forced Air Heating System
  • Wood Siding
  • 1 Fireplace
  • Laundry Facilities
  • Doors are 36 inches wide or more

About This Home

As of July 2024

Cash flowing 4-unit investment property in a prime location walkable to WMU and K-College. 4-one bedroom apartments in great shape and fully leased at $3,100/mo with room to increase rents. Property features a paved driveway and parking area, shared laundry in basement, split utilities and great rental history.

Last Agent to Sell the Property

Adam Atwood

Five Star Real Estate License #6506047769 Listed on: 06/05/2024

Five Star Real Estate

Last Buyer's Agent

Gary Swartz

Berkshire Hathaway HomeServices MI

Berkshire Hathaway HomeServices MI

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,160

Year Built

  • Built in 1870

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 68x132
  • Wooded Lot

Home Design

  • Composition Roof
  • Wood Siding

Basement

  • Partial Basement
  • Laundry in Basement

Parking

  • 6 Parking Spaces
  • Driveway

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • Phone Available
  • Cable TV Available

Additional Features

  • 1 Fireplace
  • Doors are 36 inches wide or more

Community Details

  • 4 Units
  • Laundry Facilities

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

$5,160

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1870
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 68x132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 5159.82
  • General Property Info:Total _pound_ Units: 4
  • Lot Description:Wooded: Yes
  • 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
  • Substructure:Partial: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Extras:Laundry Facility: Yes
  • Extras:Sep Gas Meter: Yes
  • Accessibility Feat:_three_6 Inch Entrance Doo: Yes
  • Laundry Features In Basement: Yes
  • Laundry Features Common Area: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: 36 Inch Entrance Doo
  • Fireplaces: 1
  • Basement: Partial
  • Basement: Yes

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway
  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0

Utilities

  • Heating: Forced Air
  • Laundry Features: Common Area, In Basement
  • Sewer: Public Sewer
  • Utilities: Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
  • Lot Dimensions: 68x132
  • Lot Size Sq Ft: 9148.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 5159.82
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2024
Closed on
Jul 3, 2024
Sold by
Wabash Llc
Bought by
College Park Lots Llc
Seller's Agent
Adam Atwood
Five Star Real Estate
Buyer's Agent
Gary Swartz
Berkshire Hathaway HomeServices MI
List Price
$325,000
Sold Price
$305,000
Premium/Discount to List
-$20,000
-6.15%
Views
10
Current Estimated Value
$276,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,851
Avg. Annual Appreciation
-7.70%

Purchase Details

Closed on
Feb 7, 2020
Sold by
Mahalick Joseph and Mahalick Brittany
Bought by
Wabash Llc

Purchase Details

Listed on
Oct 18, 2019
Closed on
Nov 26, 2019
Sold by
Baden Management Llc
Bought by
Mahalick Joseph and Mahalick Brittany
Seller's Agent
Shelly Pattison
RE/MAX Advantage
Buyer's Agent
Adam Atwood
Five Star Real Estate
List Price
$155,900
Sold Price
$155,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.29%
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
College Park Lots Llc $305,000 None Listed On Document
Wabash Llc -- None Available
Mahalick Joseph $155,900 Metro Advantage Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/03/2024 07/03/24 Sold $305,000 -6.2% --
06/21/2024 06/21/24 Pending -- -- --
06/05/2024 06/05/24 For Sale $325,000 +108.5% --
11/27/2019 11/27/19 Sold $155,900 0.0% -- View Prior Sale
10/18/2019 10/18/19 Pending -- -- --
10/18/2019 10/18/19 For Sale $155,900 -- --
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 $5,395 $122,100 $0 $0
2024 $2,236 $110,700 $0 $0
2023 $2,131 $96,800 $0 $0
2022 $4,893 $82,900 $0 $0
2021 $4,732 $75,300 $0 $0
2020 $4,643 $67,500 $0 $0
2019 $2,895 $57,100 $0 $0
2018 $2,828 $48,600 $0 $0
2017 $2,853 $46,000 $0 $0
2016 $2,853 $41,900 $0 $0
2015 $2,853 $42,100 $0 $0
2014 $2,853 $39,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Adam Atwood

    Seller's Agent in 2024

    Adam Atwood

    Five Star Real Estate

    (269) 377-4589

    2 in this area

    151 Total Sales

    Adam Atwood
    Section Image

  • G

    Buyer's Agent in 2024

    Gary Swartz

    Berkshire Hathaway HomeServices MI

    (269) 342-5600

    2 in this area

    22 Total Sales

    Gary Swartz
    Section Image
  • Shelly Pattison

    Seller's Agent in 2019

    Shelly Pattison

    RE/MAX Michigan

    (269) 217-4825

    358 Total Sales

    Shelly Pattison
    Section Image

  • J

    Seller Co-Listing Agent in 2019

    Jake Pattison

    RE/MAX Michigan

    (269) 270-6965

    184 Total Sales

    Jake Pattison
    Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24028124

Southwestern Michigan Association of REALTORS®

APN: 06-16-495-007

Michigan Kalamazoo County Kalamazoo 49007 Central Business District

816 W Lovell St, Kalamazoo, MI

This home is located at 816 W Lovell St, Kalamazoo, MI 49007 since 05 June 2024 and is currently estimated at $276,149. This property was built in 1870. 816 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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