$140,500
SOLD DEC 31, 2019
-- Bed
-- Bath
-- Sq Ft
8,407 Sq Ft Lot

Recently Sold

1% Above List Price

44 Days on Market

Highlights

  • 0.19 Acre Lot
  • High Speed Internet
  • 3-minute walk to Davis Field
  • Forced Air Heating System

About This Home

As of December 2023

This house is 1 of 8 houses in a rental portfolio sale. Owner will divide 5 located on Westnedge/Forest. All 8 houses are located in Kalamazoo's Vine Neighborhood. 6 houses are single unit rentals and 2 are duplexes. All 8 houses were completely renovated including, but not limited to; new electrical, plumbing, furnaces, roofs, kitchens/bathrooms. Both duplexes have separate utilities. ~100% occupancy through the lifetime of the portfolio! Most active leases have supporting Guarantee Agreements for tenants. Buyers will be required to sign a Non-Disclosure Agreement, as well as prove financial capability before any financial information will be shared. The units are occupied, so please do not approach Tenants. The owner is a licensed MI real estate Broker

Last Agent to Sell the Property

T.J. Ward

Kalamazoo Commercial Real Estate Listed on: 10/23/2019

Co-Listed By

Andrew Gyorkos

Kalamazoo Commercial Real Estate License #6502406462

Last Buyer's Agent

Jodi Noble

Chuck Jaqua, REALTOR License #6501308903

Chuck Jaqua, REALTOR

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,250

Year Built

  • Built in 1913

Lot Details

  • 8,407 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Stucco

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, water, sewer, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,250

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Stucco
  • List Price: 139000.0
  • Number of Buildings: 1

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected, Telephone Line, Public Water, Public Sewer, Broadband

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Size Sq Ft: 8407.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water, Sewer, Gas

Multi Family

  • Number of Units Total: 1

Tax Info

  • Tax Annual Amount: 2250.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2023
Closed on
Dec 15, 2023
Sold by
Steffens Kerensa and Richmond Brandon
Bought by
Saldivar Franco
Seller's Agent
Timothy Magierka
Success Realty West Michigan
Buyer's Agent
Timothy Magierka
Success Realty West Michigan
List Price
$239,000
Sold Price
$216,500
Premium/Discount to List
-$22,500
-9.41%
Total Days on Market
44
Views
229
Current Estimated Value
$215,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,095
Avg. Annual Appreciation
-0.34%
Original Mortgage
$150,500
Outstanding Balance
$148,605
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$66,800

Purchase Details

Listed on
Oct 23, 2019
Closed on
Dec 30, 2019
Sold by
Double A Properties Llc
Bought by
Richmond Brandon and Steffens Kerensa
Seller's Agent
T.J. Ward
Kalamazoo Commercial Real Estate
Buyer's Agent
Jodi Noble
Chuck Jaqua, REALTOR
List Price
$139,000
Sold Price
$140,500
Premium/Discount to List
$1,500
1.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.54%
Original Mortgage
$133,475
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2010
Sold by
Gyorkos Andrew
Bought by
Double A Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
5.02%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 10, 2008
Sold by
Romain Loren
Bought by
Bank Of America Na

Purchase Details

Closed on
Feb 16, 2007
Sold by
Auld James H
Bought by
Romain Loren J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,800
Interest Rate
6.23%
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 Type Sale Price Title Company
Warranty Deed $216,500 None Listed On Document
Warranty Deed $140,500 Owners Title Agency Llc
Quit Claim Deed -- None Available
Sheriffs Deed $94,410 None Available
Quit Claim Deed -- Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,500 New Conventional
Previous Owner $133,475 New Conventional
Previous Owner $96,000 Unknown
Previous Owner $84,800 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Sold $216,500 -5.5% $99 / Sq Ft
11/13/2023 11/13/23 Pending -- -- --
10/16/2023 10/16/23 Price Changed $229,000 -2.1% $104 / Sq Ft
09/20/2023 09/20/23 Price Changed $234,000 -2.1% $107 / Sq Ft
09/06/2023 09/06/23 For Sale $239,000 0.0% $109 / Sq Ft
08/24/2023 08/24/23 Pending -- -- --
08/22/2023 08/22/23 For Sale $239,000 +70.1% $109 / Sq Ft
12/31/2019 12/31/19 Sold $140,500 +1.1% --
12/06/2019 12/06/19 Pending -- -- --
10/23/2019 10/23/19 For Sale $139,000 -- --
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 $2,148 $74,900 $0 $0
2023 $1,455 $65,600 $0 $0
2022 $2,479 $56,200 $0 $0
2021 $2,638 $51,400 $0 $0
2020 $2,348 $46,100 $0 $0
2019 $2,263 $39,200 $0 $0
2018 $2,271 $34,400 $0 $0
2017 $2,172 $32,400 $0 $0
2016 $2,172 $30,300 $0 $0
2015 $2,172 $30,400 $0 $0
2014 $2,172 $28,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19051807

Southwestern Michigan Association of REALTORS®

APN: 06-21-252-001