NOT LISTED FOR SALE

873 N 2nd St Unit 875 Kalamazoo, MI 49009

Estimated Value: $298,000 - $378,931

4 Beds
1 Bath
-- Sq Ft
1.5 Acres

Last Sold May 14, 2024

Last sale price $290,000

Est. 12% increase in value since last sale

Current estimated payment $1,806/month

2 Days on Market

Highlights

  • 1.5 Acre Lot
  • Wooded Lot
  • Corner Lot: Yes
  • Mattawan Later Elementary School Rated A-
  • 1 Fireplace
  • Window Unit Cooling System

About This Home

As of May 2024

This estate property presents an amazing investment opportunity--rent both units or live in one and rent the other! Sitting on a wooded 1.5 acre lot, the property includes a large, 4 car garage for parking and/or storage, PLUS a carport for tenants. The main level unit has a large basement. The second unit is an upstairs apartment---both have similar floor plans with 2 bedrooms, full bath, nicely appointed kitchens, and large family/dining rooms with high ceilings. NEW ROOF! Excellent location--Mattawan Schools! 5 minutes from Meijer/Walmart/Walgrrens, yet in a country setting!

Last Agent to Sell the Property

Chris Adrian

Adrian Real Estate Listed on: 04/03/2024

Last Buyer's Agent

Kyler Cook

Adrian Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,729

Year Built

  • Built in 1986

Lot Details

  • 1.5 Acre Lot
  • Corner Lot: Yes
  • Wooded Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 5 Car Garage
  • Carport

Utilities

  • Window Unit Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Shared Gas Meter
  • Septic System
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for trash collection

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,729

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 299000.0
  • Lot Features: Wooded, Corner Lot
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 5.0
  • General Property Info:Total Parking Spaces: 5.0
  • Extras:Garages: Yes

Utilities

  • Cooling: Window Unit(s), Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Laundry Features: In Basement, Lower Level
  • Sewer: Septic System
  • Utilities: Public Water Available, Natural Gas Available, Phone Connected, Natural Gas Connected, Electric Connected, Cable Connected

Lot Info

  • Lot Size Acres: 1.5
  • Lot Size Area: 1.5
  • Lot Dimensions: tbd
  • Lot Size Sq Ft: 65340.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Trash Collection
  • Tenant Pays: Electric, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 5729.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2024
Closed on
May 14, 2024
Sold by
William J Klerk Jr Living Trust
Bought by
Trudelle Gavin L and Trudelle Kaily A
Seller's Agent
Chris Adrian
Adrian Real Estate
Buyer's Agent
Kyler Cook
Adrian Real Estate
List Price
$299,000
Sold Price
$290,000
Premium/Discount to List
-$9,000
-3.01%
Total Days on Market
2
Views
43
Current Estimated Value
$324,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,233
Avg. Annual Appreciation
11.33%
Original Mortgage
$284,747
Outstanding Balance
$282,041
Interest Rate
6.88%
Mortgage Type
FHA
Estimated Equity
$42,192

Purchase Details

Closed on
Jan 20, 2004
Sold by
Klerk William J
Bought by
Klerk William J and The William J Klerk Jr Living Trust

Purchase Details

Closed on
Nov 11, 2002
Sold by
Klerk Deborah M
Bought by
Klerk William 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
Trudelle Gavin L $290,000 Chicago Title Of Michigan
Klerk William J -- --
Klerk William J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trudelle Gavin L $284,747
Previous Owner Klerk William J $117,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2024 05/14/24 Sold $290,000 -3.0% --
04/05/2024 04/05/24 Pending -- -- --
04/03/2024 04/03/24 For Sale $299,000 -- --
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 $1,031 $186,600 $0 $0
2023 $992 $163,700 $0 $0
2022 $5,353 $146,200 $0 $0
2021 $5,144 $146,100 $0 $0
2020 $4,928 $134,300 $0 $0
2019 $4,716 $132,600 $0 $0
2018 $4,606 $124,800 $0 $0
2017 $0 $124,800 $0 $0
2016 -- $122,700 $0 $0
2015 -- $114,400 $28,400 $86,000
2014 -- $114,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Adrian

    Seller's Agent in 2024

    Chris Adrian

    Adrian Real Estate

    (269) 217-8601

    34 in this area

    230 Total Sales

    Chris Adrian
    Section Image

  • K

    Buyer's Agent in 2024

    Kyler Cook

    Adrian Real Estate

    (618) 926-1601

    2 in this area

    25 Total Sales

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24015574

Southwestern Michigan Association of REALTORS®

APN: 05-18-280-029

Michigan Kalamazoo County Kalamazoo 49009

873 N 2nd St Unit 875, Kalamazoo, MI

This home is located at 873 N 2nd St Unit 875, Kalamazoo, MI 49009 since 03 April 2024 and is currently estimated at $324,233. This property was built in 1986. 873 N 2nd St Unit 875 is a home located in Kalamazoo County with nearby schools including Mattawan Early Elementary School, Mattawan Later Elementary School, and Mattawan Middle 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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