$145,000
SOLD JUN 1, 2017

9527 W Main St Unit 9533 Kalamazoo, MI 49009

-- Bed
-- Bath
-- Sq Ft
1.71 Acres

Recently Sold

3% Below List Price

6 Days on Market

Highlights

  • 1.71 Acre Lot
  • Wooded Lot
  • Wood Siding
  • Mattawan Later Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of June 2017

Four unit Investment property in a quiet wooded setting in the desirable Mattawan school district but less than four miles to US 131 and shopping of West Main corridor. Seller has made several recent improvements to property including new exterior paint, aluminum gutters, and lots of tree trimming. The seller is also planning on adding additional gravel in the driveway. The roof shingles have been updated and many of the furnaces have been replaced in the units over the years. Each unit has separate electric and tenants pay for there own gas as well. The buildings sit on 1.7 acres so if a new owner wanted to add garages there should be plenty of room. Fully rented this property will generate approximately $2,400 per month, this is a good opportunity for a rental in desirable location at an affordable price.

Last Agent to Sell the Property

Ryan Rider

Berkshire Hathaway HomeServices MI License #6501273398 Listed on: 04/06/2017

Berkshire Hathaway HomeServices MI

Last Buyer's Agent

Steve Snyder

RE/MAX of Kalamazoo License #6501287644

RE/MAX of Kalamazoo

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 1.71 Acre Lot
  • Lot Dimensions are 200x284x250x256
  • Wooded Lot

Parking

  • 8 Parking Spaces

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Septic System

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • The owner pays for water

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 149900.0
  • Lot Features: Wooded
  • Number of Buildings: 2
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 8.0
  • General Property Info:Total Parking Spaces: 8.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Propane, Forced Air
  • Heating: Yes
  • Sewer: Septic System

Lot Info

  • Lot Size Acres: 1.71
  • Lot Size Area: 1.71
  • Lot Size Sq Ft: 74487.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 4021.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2017
Closed on
May 31, 2017
Sold by
Pisipati Bhaskar and Hotchkiss Judy
Bought by
Rastogl Sanjay
Seller's Agent
Ryan Rider
Berkshire Hathaway HomeServices MI
Buyer's Agent
Steve Snyder
RE/MAX of Kalamazoo
List Price
$149,900
Sold Price
$145,000
Premium/Discount to List
-$4,900
-3.27%
Total Days on Market
6
Current Estimated Value
$341,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,072
Avg. Annual Appreciation
11.27%
Original Mortgage
$116,000
Interest Rate
4.02%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $145,000 Devon Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $119,500 New Conventional
Closed $116,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2018 09/17/18 Rented -- -- --
09/17/2018 09/17/18 Under Contract -- -- --
04/18/2018 04/18/18 For Rent $675 0.0% --
06/01/2017 06/01/17 Sold $145,000 -3.3% --
04/12/2017 04/12/17 Pending -- -- --
04/06/2017 04/06/17 For Sale $149,900 -- --
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
2024 $1,054 $131,100 $0 $0
2023 $1,005 $116,000 $0 $0
2022 $5,313 $92,300 $0 $0
2021 $5,207 $91,800 $0 $0
2020 $4,891 $83,600 $0 $0
2019 $4,681 $81,800 $0 $0
2018 $4,915 $80,700 $0 $0
2017 $0 $80,700 $0 $0
2016 -- $79,000 $0 $0
2015 -- $72,300 $19,700 $52,600
2014 -- $72,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16060471

Southwestern Michigan Association of REALTORS®

APN: 05-17-330-021