NOT LISTED FOR SALE

8161 Stadium Dr Unit 8163 Kalamazoo, MI 49009

Estimated Value: $325,906 - $395,000

3 Beds
1 Bath
-- Sq Ft
1.3 Acres

Last Sold March 13, 2015

Last sale price $177,750

Est. 106% increase in value since last sale

Current estimated payment $2,039/month

99 Days on Market

Highlights

  • 1.3 Acre Lot
  • Forced Air Heating and Cooling System
  • High Speed Internet
  • Wooded Lot
  • 3 Car Garage
  • Lot Has A Rolling Slope

About This Home

As of March 2015

Secluded setting even though the street address makes you think it will be busy. Sits back off the road PLUS has about 200 ft of woods for a back yard! 10 year old duplex with 2 BRs up & 1 down, large living space, ample kitchen, 1 bath, & one car garage on each side. Both units have a full basement that offers a 3rd BR with egress. There is a shared driveway with a like-kind duplex that the owner may also be interested in selling. 8161 is being left vacant purposely in case we have an owner occupied buyer (cool deal!). All units have had a good history of long-term tenants who say they would like to stay if they can. Tenant at 8163 has been there a year and a half & has a lease at $990 through 7/2015. Tenant pays electric, gas, phone, & ice/snow removal on walk. Owner pays water & sewer.

Last Agent to Sell the Property

Catherine Gasper

Evenboer Walton, REALTORS License #6506041891 Listed on: 10/22/2014

Co-Listed By

Kate Anderson

Evenboer Walton, REALTORS

Last Buyer's Agent

Ryan Belen

Evenboer Walton, REALTORS License #6501381893

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,419

Year Built

  • Built in 2004

Lot Details

  • 1.3 Acre Lot
  • Lot Dimensions are 123x502x120x472
  • Lot Has A Rolling Slope
  • Wooded Lot

Parking

  • 3 Car Garage

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for gas
  • The owner pays for water, sewer

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $868
  • Utility Expense $1,032
  • Operating Expense $6,319
  • Gross Income $23,280
  • Net Operating Income $16,961

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,419

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement

Exterior Features

  • List Price: 189900.0
  • Lot Features: Wooded
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Rolling Hills":true}
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 1.3
  • Lot Size Area: 1.3
  • Lot Size Sq Ft: 56628.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Gas

Multi Family

  • Gross Income: 23280.0
  • Insurance Expense: 868.0
  • Net Operating Income: 16961.0
  • Number of Units Total: 2
  • Operating Expense: 6319.0

Tax Info

  • Tax Annual Amount: 4419.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2014
Closed on
Apr 13, 2015
Sold by
Molnar David T
Bought by
Stadium Duplexes Llc
Seller's Agent
Catherine Gasper
Evenboer Walton, REALTORS
Buyer's Agent
Ryan Belen
Evenboer Walton, REALTORS
List Price
$198,000
Sold Price
$177,750
Premium/Discount to List
-$20,250
-10.23%
Total Days on Market
99
Current Estimated Value
$365,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,977
Avg. Annual Appreciation
7.26%
Original Mortgage
$124,425
Interest Rate
3.67%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 22, 2014
Closed on
Mar 13, 2015
Sold by
Devries Property Llc
Bought by
Molnar David
Seller's Agent
Catherine Gasper
Evenboer Walton, REALTORS
Buyer's Agent
Ryan Belen
Evenboer Walton, REALTORS
List Price
$198,000
Sold Price
$177,750
Premium/Discount to List
-$20,250
-10.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,425
Interest Rate
3.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2005
Sold by
Crosby Jeffrey and Mauchmar Jeffrey
Bought by
Devries Property Llc

Purchase Details

Closed on
May 21, 2003
Sold by
Taylor Wayne and Taylor Elaine
Bought by
Mauchmar Jeffrey
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
Stadium Duplexes Llc -- None Available
Molnar David $177,750 Nations Title Agency
Devries Property Llc $365,000 Devon Title
Mauchmar Jeffrey $24,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Molnar David $124,425
Previous Owner Crosby Jeffrey R $168,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2015 03/13/15 Sold $177,750 -10.2% --
01/29/2015 01/29/15 Pending -- -- --
10/22/2014 10/22/14 For Sale $198,000 -- --
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
2024 $1,178 $155,300 $0 $0
2023 $1,123 $136,000 $0 $0
2022 $6,136 $121,200 $0 $0
2021 $5,896 $116,000 $0 $0
2020 $5,678 $110,100 $0 $0
2019 $5,453 $102,900 $0 $0
2018 $5,327 $102,400 $0 $0
2017 $0 $102,400 $0 $0
2016 -- $98,000 $0 $0
2015 -- $81,600 $10,200 $71,400
2014 -- $81,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Catherine Gasper

    Seller's Agent in 2015

    Catherine Gasper

    Evenboer Walton, REALTORS

    (269) 808-1964

    9 in this area

    170 Total Sales

    Catherine Gasper
    Section Image

  • K

    Seller Co-Listing Agent in 2015

    Kate Anderson

    Evenboer Walton, REALTORS

  • Ryan Belen

    Buyer's Agent in 2015

    Ryan Belen

    Evenboer Walton, REALTORS

    (269) 806-4348

    6 in this area

    58 Total Sales

    Ryan Belen
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14059202

Southwestern Michigan Association of REALTORS®

APN: 05-33-402-047

Michigan Kalamazoo County Kalamazoo 49009

8161 Stadium Dr Unit 8163, Kalamazoo, MI

This home is located at 8161 Stadium Dr Unit 8163, Kalamazoo, MI 49009 since 22 October 2014 and is currently estimated at $365,727. This property was built in 2004. 8161 Stadium Dr Unit 8163 is a home located in Kalamazoo County with nearby schools including Prairie Ridge Elementary School, Maple Street Magnet School for the Arts, and Loy Norrix 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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