NOT LISTED FOR SALE

823 Oakland Dr Unit A & B Kalamazoo, MI 49008

Vine Neighborhood

Estimated Value: $153,000 - $166,000

4 Beds
2 Baths
-- Sq Ft
3,908 Sq Ft Lot

Last Sold February 24, 2023

Last sale price $139,500

Est. 13% increase in value since last sale

Current estimated payment $1,191/month

5 Days on Market

Highlights

  • Forced Air Heating System
  • Level Lot
  • 5-minute walk to Davis Street Park
  • High Speed Internet

About This Home

As of February 2023

Located across from W Med School of Medicine, this duplex would be ideal for investors or a buyer who would like additional income from the adjoining tenant. Unit A is currently vacant but was last leased for $900 per month; Unit B is occupied and leased for $775 per month. The tenants pay gas and electric bills. Both the furnaces and water heaters are newer. This is a great opportunity in a fabulous rental market! Home is being sold in ''as is'' condition with a one year home warranty.

Last Agent to Sell the Property

John Bolcato

Berkshire Hathaway HomeServices MI License #6506037470 Listed on: 01/12/2023

Berkshire Hathaway HomeServices MI

Last Buyer's Agent

Brian McDonald

RE/MAX Executive License #6502426295

RE/MAX Executive

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,421

Year Built

  • Built in 1905

Lot Details

  • 3,908 Sq Ft Lot
  • Lot Dimensions are 31.23 x 125.15
  • Level Lot

Home Design

  • Composition Roof

Basement

  • Michigan Basement
  • Crawl Space

Parking

  • 2 Parking Spaces
  • Unpaved Driveway

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • Separate Water Meter
  • Shared Water Meter
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for water, trash collection, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,421

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
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 31.23 x 125.15
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2421.0
  • Tax Info:Zoning3: RM-36
  • General Property Info:Total _pound_ Units: 2
  • 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
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Lot Description:Level: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Substructure:Michigan Basement: Yes
  • Substructure:Crawl Space: Yes
  • Extras:Sep Gas Meter: Yes
  • Extras:Sep Water Meter: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Crawl Space, Michigan Basement

Exterior Features

  • List Price: 154000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 3908.0
  • Zoning Description: RM-36
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2421.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2023
Closed on
Feb 23, 2023
Sold by
Deng Jinxia
Bought by
Todaro Joseph
Seller's Agent
John Bolcato
Berkshire Hathaway HomeServices MI
Buyer's Agent
Brian McDonald
RE/MAX Executive
List Price
$154,000
Sold Price
$139,500
Premium/Discount to List
-$14,500
-9.42%
Views
33
Current Estimated Value
$157,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,151
Avg. Annual Appreciation
4.76%
Original Mortgage
$102,375
Outstanding Balance
$99,045
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$58,606

Purchase Details

Closed on
Jan 28, 2021
Sold by
Garcia Raul
Bought by
Deng Jinxia

Purchase Details

Closed on
Mar 24, 2017
Sold by
Kuppler George C and Kuppler Helen J
Bought by
Garcia Raul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,900
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2008
Sold by
Kuppler George C and Kuppler Helen J
Bought by
Kuppler George C and Kuppler Helen J
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
Todaro Joseph $139,500 --
Deng Jinxia $115,000 Title Resource Agency
Garcia Raul $61,200 Devon Title Company
Kuppler George C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Todaro Joseph $102,375
Previous Owner Garcia Raul $45,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2023 02/24/23 Sold $139,500 -9.4% --
01/17/2023 01/17/23 Pending -- -- --
01/12/2023 01/12/23 For Sale $154,000 -- --
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 $4,262 $66,400 $0 $0
2024 $1,838 $59,800 $0 $0
2023 $1,353 $52,400 $0 $0
2022 $3,107 $44,900 $0 $0
2021 $1,931 $40,800 $0 $0
2020 $2,084 $36,500 $0 $0
2019 $2,014 $30,800 $0 $0
2018 $2,161 $26,400 $0 $0
2017 $1,289 $24,900 $0 $0
2016 $1,289 $22,600 $0 $0
2015 $1,289 $22,600 $0 $0
2014 $1,289 $21,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23001086

Southwestern Michigan Association of REALTORS®

APN: 06-21-265-005