NOT LISTED FOR SALE

Estimated Value: $201,000 - $288,908

-- Bed
1 Bath
-- Sq Ft
6,534 Sq Ft Lot

Last Sold April 12, 2023

Last sale price $157,230

Est. 61% increase in value since last sale

Current estimated payment $1,756/month

98 Days on Market

Highlights

  • 0.15 Acre Lot
  • Corner Lot: Yes
  • Wood Siding
  • 1 Fireplace
  • Forced Air Heating System
  • 2-minute walk to Davis Field

About This Home

As of April 2023

Fantastic multi family investment opportunity in a prime location walkable to WMU, K-College and Downtown Kalamazoo. Ideal location for a student rental, rooming house, traveling nurses or even for an owner occupant! Nearly 3,500 sq ft ready to be updated for the perfect addition to your rental portfolio. Priced just over $50/sq ft, you won't find a better value for a property that can cash flow between $4000-5000/mo. once improved.

Last Agent to Sell the Property

Adam Atwood

Five Star Real Estate License #6506047769 Listed on: 02/04/2023

Five Star Real Estate

Last Buyer's Agent

Laurie Zwiers

City2Shore Real Estate Holland License #6501341549

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,632

Year Built

  • Built in 1855

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 66x98
  • Corner Lot: Yes

Parking

  • 5 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Basement
  • Michigan Basement

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,632

Year Built

Built in 1855

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1855
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 66x98
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3632.37
  • 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
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • Substructure:Michigan Basement: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 179900.0
  • Lot Features: Corner Lot
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 5.0
  • General Property Info:Total Parking Spaces: 5.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Electricity Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Dimensions: 66x98
  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: None
  • Tenant Pays: Electric, Water, Trash Collection, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3632.37
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2023
Closed on
Apr 12, 2023
Sold by
Clanton Diana L
Bought by
Pioneer Housing Llc
Seller's Agent
Adam Atwood
Five Star Real Estate
Buyer's Agent
Laurie Zwiers
City2Shore Real Estate Holland
List Price
$179,900
Sold Price
$157,230
Premium/Discount to List
-$22,670
-12.6%
Views
139
Current Estimated Value
$253,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,401
Avg. Annual Appreciation
21.31%
Original Mortgage
$240,500
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2006
Sold by
Clanton Diana L
Bought by
Clanton Diana L and Leigh Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 2006
Sold by
Melvin Larry L
Bought by
Clanton Diana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
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
Pioneer Housing Llc $157,230 None Listed On Document
Clanton Diana L -- Metro
Clanton Diana L $170,000 Metropolitan Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pioneer Housing Llc $247,500
Closed Pioneer Housing Llc $240,500
Previous Owner Clanton Diana L $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2023 04/12/23 Sold $157,230 -12.6% --
03/04/2023 03/04/23 Pending -- -- --
02/04/2023 02/04/23 For Sale $179,900 0.0% --
01/13/2023 01/13/23 Pending -- -- --
11/26/2022 11/26/22 For Sale $179,900 -- --
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 $4,265 $153,600 $0 $0
2024 $4,265 $138,800 $0 $0
2023 $1,635 $120,600 $0 $0
2022 $3,873 $102,300 $0 $0
2021 $3,632 $92,400 $0 $0
2020 $3,701 $81,900 $0 $0
2019 $3,544 $68,200 $0 $0
2018 $3,565 $58,900 $0 $0
2017 $3,382 $55,400 $0 $0
2016 $3,382 $50,300 $0 $0
2015 $3,382 $50,500 $0 $0
2014 $3,382 $47,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22049154

Southwestern Michigan Association of REALTORS®

APN: 06-21-204-003