NOT LISTED FOR SALE

816 W Main St Kalamazoo, MI 49006

Stuart Neighborhood

Estimated Value: $247,000 - $420,000

-- Bed
-- Bath
-- Sq Ft
0.31 Acres

Last Sold June 18, 2021

Last sale price $785,000

Current estimated payment $2,010/month

93 Days on Market

Highlights

  • Forced Air Heating System
  • Wood Siding
  • 1-minute walk to West Main Park

About This Home

As of June 2021

Great location for these 3 multi-unit properties in the Stuart Historical District. 1/2 block to K College and 4 blocks to downtown restaurants and bars. Well maintained and 100% occupied.
816 W Main, 820 W Main and 121 Elm are packaged together

Last Agent to Sell the Property

Rick Zuiderveen

Zuiderveen, REALTORS LLC License #6502350261 Listed on: 01/20/2021

Co-Listed By

Nick Ailstock

Zuiderveen, REALTORS LLC

Last Buyer's Agent

Matt Conlee

Community Relocation, REALTORS License #6501416966

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,072

Year Built

  • Built in 1897

Lot Details

  • 0.31

Parking

  • 18 Parking Spaces

Home Design

  • Wood Siding

Additional Features

  • 0.31 Acre Lot
  • Forced Air Heating System

Listing and Financial Details

  • The owner pays for water, sewer, gas

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $1,458
  • Maintenance Expense $2,410
  • Manager Expense $2,784
  • Operating Expense $12,734
  • Gross Income $39,780
  • Net Operating Income $27,045

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,072

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1897
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 949000.0
  • Number of Buildings: 1

Garage/Parking

  • Total Parking Spaces: 18.0

Utilities

  • Heating: Forced Air
  • Heating: Yes

Lot Info

  • Lot Size Acres: 0.31
  • Lot Size Area: 0.31
  • Lot Size Sq Ft: 13329.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Gross Income: 39780.0
  • Insurance Expense: 1458.0
  • Maintenance Expense: 2410.0
  • Manager Expense: 2784.0
  • Net Operating Income: 27045.0
  • Number of Units Total: 4
  • Operating Expense: 12734.0

Tax Info

  • Tax Annual Amount: 3072.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2021
Closed on
Jun 18, 2021
Sold by
Spaulding Brian D and Spaulding Bonnie L
Bought by
Van Dix Properties Llc
Seller's Agent
Rick Zuiderveen
Zuiderveen, REALTORS LLC
Buyer's Agent
Matt Conlee
Community Relocation, REALTORS
List Price
$991,000
Sold Price
$785,000
Premium/Discount to List
-$206,000
-20.79%
Current Estimated Value
$327,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$457,931
Avg. Annual Appreciation
-19.13%
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
Van Dix Properties Llc $1,445,000 Devon Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spaulding Brian $109,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2021 06/18/21 Sold $785,000 -20.8% --
04/23/2021 04/23/21 Pending -- -- --
01/20/2021 01/20/21 For Sale $991,000 -- --
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 $2,634 $126,500 $0 $0
2024 $2,634 $111,100 $0 $0
2023 $2,510 $103,500 $0 $0
2022 $5,765 $83,300 $0 $0
2021 $3,294 $75,600 $0 $0
2020 $3,232 $69,900 $0 $0
2019 $3,113 $65,700 $0 $0
2018 $3,041 $58,800 $0 $0
2017 $3,067 $58,200 $0 $0
2016 $3,067 $56,100 $0 $0
2015 $3,067 $48,400 $0 $0
2014 $3,067 $42,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Rick Zuiderveen

    Zuiderveen, REALTORS LLC

    (269) 375-6777

    13 in this area

    102 Total Sales

    Section Image

  • N

    Seller Co-Listing Agent in 2021

    Nick Ailstock

    Zuiderveen, REALTORS LLC

    (269) 365-8568

    3 in this area

    24 Total Sales

    Section Image

  • M

    Buyer's Agent in 2021

    Matt Conlee

    Community Relocation, REALTORS

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21001849

Southwestern Michigan Association of REALTORS®

APN: 06-16-454-030

Michigan Kalamazoo County Kalamazoo 49006 Stuart

816 W Main St, Kalamazoo, MI

This home is located at 816 W Main St, Kalamazoo, MI 49006 since 20 January 2021 and is currently estimated at $322,761. This property was built in 1897. 816 W Main St is a home located in Kalamazoo County with nearby schools including Woodward School for Technology & Research, 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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