NOT LISTED FOR SALE

920 Lay Blvd Kalamazoo, MI 49001

Edison Neighborhood

Estimated Value: $151,000 - $162,000

2 Beds
2 Baths
-- Sq Ft
5,314 Sq Ft Lot

Last Sold July 08, 2022

Last sale price $132,500

Est. 18% increase in value since last sale

Current estimated payment $960/month

34 Days on Market

Highlights

  • Forced Air Heating System
  • Wood Siding
  • 4-minute walk to Southside Park

About This Home

As of July 2022

Fantastic investment property with two long term tenants. Currently rented at $550/month with the owner paying all utilities. These are both 1 bed 1 bath units. The main floor unit has access to the basement and a washer dryer hookup. You will also find a wood burning fireplace currently blocked but easily accessable. Both units have access to the shared dettached two stall garage. Roof is approximately 10 years old. If you're looking for your opportunity to jump into the rental business here is your shot!

Last Agent to Sell the Property

Matt Mulder

Keller Williams Kalamazoo Market Center License #6501337795 Listed on: 05/05/2022

Keller Williams Kalamazoo Market Center

Last Buyer's Agent

Sherrie Nowicki

RE/MAX Elite Group T.R. License #6506048007

RE/MAX Elite Group T.R.

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,597

Year Built

  • Built in 1911

Lot Details

  • 5,314 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Utilities

  • Forced Air Heating System
  • Natural Gas Connected

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,597

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1911
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 124900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Public Water, Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5314.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1597.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
Jul 8, 2022
Sold by
Bryant James W
Bought by
Gauthier Wynema Valine
Seller's Agent
Matt Mulder
Keller Williams Kalamazoo Market Center
Buyer's Agent
Sherrie Nowicki
RE/MAX Elite Group T.R.
List Price
$124,900
Sold Price
$132,500
Premium/Discount to List
$7,600
6.08%
Current Estimated Value
$155,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,382
Original Mortgage
$128,106
Outstanding Balance
$122,978
Interest Rate
5.7%
Mortgage Type
New Conventional
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
Gauthier Wynema Valine $132,500 New Title Company Name
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gauthier Wynema Valine $128,106
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2022 07/08/22 Sold $132,500 +6.1% --
06/08/2022 06/08/22 Pending -- -- --
05/05/2022 05/05/22 For Sale $124,900 -- --
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 $1,409 $66,400 $0 $0
2024 $1,409 $52,700 $0 $0
2023 $1,537 $46,800 $0 $0
2022 $1,225 $39,700 $0 $0
2021 $1,597 $35,400 $0 $0
2020 $1,567 $31,300 $0 $0
2019 $1,621 $25,700 $0 $0
2018 $1,474 $22,900 $0 $0
2017 $1,594 $23,400 $0 $0
2016 $1,594 $23,000 $0 $0
2015 $1,594 $22,600 $0 $0
2014 $1,594 $20,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matt Mulder

    Seller's Agent in 2022

    Matt Mulder

    Keller Williams Kalamazoo Market Center

    (269) 350-4712

    24 in this area

    809 Total Sales

    Matt Mulder
    Section Image
  • Sherrie Nowicki

    Buyer's Agent in 2022

    Sherrie Nowicki

    RE/MAX Michigan

    (269) 718-8788

    1 in this area

    135 Total Sales

    Sherrie Nowicki
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22016349

Southwestern Michigan Association of REALTORS®

APN: 06-26-107-017

Michigan Kalamazoo County Kalamazoo 49001 Edison

920 Lay Blvd, Kalamazoo, MI

This home is located at 920 Lay Blvd, Kalamazoo, MI 49001 since 05 May 2022 and is currently estimated at $155,882. This property was built in 1911. 920 Lay Blvd is a home located in Kalamazoo County with nearby schools including Washington Writers' Academy, Milwood Magnet School, 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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