Seller's Agent in 2024
Christian Huyge
Polaris Real Estate LLC
(616) 889-8800
1 in this area
197 Total Sales
822 W Main St Kalamazoo, MI 49006
Stuart NeighborhoodEstimated Value: $286,000 - $355,000
4
Beds
4
Baths
--
Sq Ft
6,752
Sq Ft Lot
Highlights
- 1 Fireplace
- Forced Air Heating and Cooling System
- 1-minute walk to West Main Park
About This Home
As of January 2024Steps away from K College campus and a short walk to WMU this 3-unit investment property provides occupants with space and convenience. The main floor unit gives occupants 3 bedrooms, 1 in which is an ensuite that includes large walk-in closet and its own full bath. 2 more bedrooms and a second full bath with laundry in unit and a large kitchen gives a very attractive unit that is rent ready. The upper unit also includes 3 beds and 2 full baths. A large bedroom and full kitchen with washer/dryer unit also included is rent ready today. The lower unit has been used for storage for the last few years and needs some light cosmetic updates to make these 3 beds, 1 bath unit ready to rent. A large lot for off street parking, low maintenance exterior, location, and currently unoccupied gives the new owner many possibilities for cash flow. With cash flow hard to find right now, this is one your portfolio needs to add.
Last Agent to Sell the Property
Polaris Real Estate LLC License #6501379474 Listed on: 11/22/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,881
Year Built
- Built in 1975
Lot Details
- 6,752 Sq Ft Lot
- Lot Dimensions are 51x132
Home Design
- Composition Roof
- Aluminum Siding
Interior Spaces
- 1 Fireplace
- Basement Fills Entire Space Under The House
- Laundry in unit
Parking
- 8 Parking Spaces
- Gravel Driveway
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Community Details
- 3 Units
Listing and Financial Details
- The owner pays for trash collection, electricity, water, sewer, gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 22, 2023
Closed on
Jan 5, 2024
Sold by
Shafer Michael R and Shafer Linda L
Bought by
Charles Issa
Seller's Agent
Christian Huyge
Polaris Real Estate LLC
Buyer's Agent
Rebecca Nalley
EXP Realty LLC
List Price
$300,000
Sold Price
$285,000
Premium/Discount to List
-$15,000
-5%
Views
18
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,810
Avg. Annual Appreciation
7.03%
Original Mortgage
$279,837
Outstanding Balance
$275,437
Interest Rate
6.61%
Mortgage Type
FHA
Estimated Equity
$42,497
Purchase Details
Closed on
Jan 19, 2023
Sold by
Shafer Michael R and Shafer Linda L
Bought by
Michael R Shafer And Linda L Shafer Trust
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Charles Issa | $285,000 | First American Title | |
| Michael R Shafer And Linda L Shafer Trust | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Charles Issa | $279,837 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/05/2024 01/05/24 | Sold | $285,000 | -5.0% | -- |
| 11/27/2023 11/27/23 | Pending | -- | -- | -- |
| 11/22/2023 11/22/23 | For Sale | $300,000 | -- | -- |
Source: Southwestern Michigan Association of REALTORS®
Tax History Compared to Growth
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 | $1,441 | $103,800 | $0 | $0 |
| 2024 | $1,441 | $89,700 | $0 | $0 |
| 2023 | $1,255 | $83,900 | $0 | $0 |
| 2022 | $2,882 | $68,500 | $0 | $0 |
| 2021 | $2,787 | $61,700 | $0 | $0 |
| 2020 | $2,735 | $57,000 | $0 | $0 |
| 2019 | $2,634 | $53,000 | $0 | $0 |
| 2018 | $3,365 | $49,500 | $0 | $0 |
| 2017 | $2,595 | $48,400 | $0 | $0 |
| 2016 | $2,595 | $45,700 | $0 | $0 |
| 2015 | $2,595 | $39,700 | $0 | $0 |
| 2014 | $2,595 | $36,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
R
Buyer's Agent in 2024
Rebecca Nalley
EXP Realty LLC
(616) 288-3244
1 in this area
19 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 23142930
APN: 06-16-454-001
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