819 Reed Avenue

Sold 10/19/20
Sold 10/19/20
819-827 Reed
Emerson
Egleston
Sold
Last Sold Price
$275,000
16 beds9 baths
819 Reed Avenue, Kalamazoo, MI 49001
Multi FamilyProperty Type
3,049 sq ftLot Size
1915Year Built
10 carsParking Spaces

Description

Smart investment opportunity! 5 homes for sales 819 Reed Ave, 823 Reed Ave, 827 Reed Ave, 304 Emerson and 1506 Egleston all in Kalamazoo. The 3 homes on Reed Ave are side by side. All homes are city certified and are occupied. Proof of funds are required prior to all showings.Smart investment opportunity! 5 homes for sales 819 Reed Ave, 823 Reed Ave, 827 Reed Ave, 304 Emerson and 1506 Egleston all in Kalamazoo. The 3 homes on Reed Ave are side by side. All homes are city certified and are occupied. Proof of funds are required prior to all showings.
  • Listed by: Kimberly Bowers-Dow 269.207.6484 kbowers@jaquarealtors.com Brokerage DRE #6505187229 • Jaqua, REALTORS
Listing closed: 10/19/2020 12:00 AM • Source: Michigan Regional Information Center, MLS#: 20027482
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Location

Listing Courtesy of Jaqua, REALTORS

Sold By Berkshire Hathaway HomeServices MI

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$6,446 per month

30 year fixed, 6.71% Interest

Principal and Interest

$1,421

Property Taxes

$585

HOA Dues

$4,440

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Property Information for 819 Reed Avenue

Property Details
  • Taxes: $7,025 / year
  • Condo/Co-op Fees: $4,440 / month
  • MLS Type: Residential Income / 5+ Units
  • County: Kalamazoo County
  • Zoning: Res
  • ZoningDescription: Res
Building Information
  • Residences: 5
  • Year Built: 1915
  • Lot Size: 0.07 AC / 3,049 SF
Summary
Location and General Information
  • Cross Streets: Portage and Race
  • Municipality: Kalamazoo City
  • Directions: Portage St to Reed Ave. East to homes.
  • Area - Major: Greater Kalamazoo - K
  • Street #: 819
  • Street Name: Reed
  • Suffix: Avenue
  • City: Kalamazoo
  • State: MI
  • Zip Code: 49001
  • County: Kalamazoo
  • Latitude: 42.274273
  • Longitude: -85.570147
  • Area - Minor: Greater Kalamazoo - K
Taxes and HOA
  • Taxable Value: 105256.0
  • Approx. Assoc Fee: $0
  • Tax ID #: 39000622499001
  • Homestead: 0
  • SEV: 139800
Parking
  • Parking Features: Driveway, Gravel
  • Parking Total: 10.0
  • Attached Garage: No
  • Driveway: Gravel
Virtual Tour
  • Total Virtual Tours Count: 0
  • Total Open Houses Count: 0
Property
Lot Information
  • Lot Features: Sidewalk
  • Lot Dimensions: 30.5x107.3
  • Lot Measurement: Acres
  • Lot Acres: 0.07
  • Lot Square Footage: 3049.0
  • Lot Size Area: 0.07
Property and Assessments
  • Tax Year: 2020
  • Legal: See attached
  • Property Sub-Type: 5+ Units
  • New Construction: No
  • Total Floor Plans Count: 0
  • Property Type: Multi Family
  • Year Built: 1915
  • Video Groups: 0
  • Mineral Rights: Unknown
  • Accessibility Features YN: No
Utilities
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Phone Connected, Natural Gas Connected, Electricity Connected, Storm Sewer
  • Electric: True
  • Sewer: Public Sewer, True
  • Util Avail at Street: Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Public Sewer, Public Water, Storm Sewer
  • Utilities Attached: Electricity Connected, Natural Gas Connected, Phone Connected
  • Water: Public Water
Interior and Exterior Features
Exterior Features
  • Roof: Composition
  • Construction Materials: Aluminum Siding, Stucco, Vinyl Siding, Wood Siding
  • Street Type: Public
  • Exterior Material: Aluminum Siding, Stucco, Vinyl Siding, Wood Siding
  • Roofing: Composition
  • Substructure: Full
  • Extras: Garages
Interior Features
  • Heating: Forced Air
  • Basement: Yes
  • Basement Yes/No: Yes
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): 0.0
  • Bathrooms Total (Notational): 0.0
  • Heating: Yes
  • Heat Source: Natural Gas
  • Heat Type: Forced Air
Multi Family
Multi Family Information
  • Number of Units: 5
Income & Expense
  • Manager Expense: $4,440.00
  • Maintenance Expense: $4,440.00
  • Insurance Expense: $2,995.00
  • Net Operating Income: $21,526.00
  • Gross Income: $44,400.00
Unit Information
Unit 1
  • BathsTotal: 2
  • BedsTotal: 3
  • ActualRent: $750.00
  • Occupied: Yes
  • SqFt: 1454.0
  • Description: 819 Reed Ave
Unit 2
  • BathsTotal: 3
  • BedsTotal: 3
  • ActualRent: $800.00
  • Occupied: Yes
  • SqFt: 1582.0
  • Description: 823 Reed Ave
Unit 3
  • BathsTotal: 2
  • BedsTotal: 4
  • ActualRent: $700.00
  • Occupied: Yes
  • SqFt: 1694.0
  • Description: 827 Reed Ave
Unit 4
  • BathsTotal: 1
  • BedsTotal: 3
  • ActualRent: $750.00
  • Occupied: Yes
  • SqFt: 1560.0
  • Description: 304 W Emerson
Unit 5
  • BathsTotal: 1
  • BedsTotal: 3
  • ActualRent: $700.00
  • Occupied: Yes
  • SqFt: 1017.0
  • Description: 1506 Egleston
Rental
Rental Information
  • Occupant Type: Tenant
  • Tenant Pays: Electric, Gas, Sewer, Trash, Water
  • Owner Pays: None
  • Terms Available: Cash, Conventional

Property History for 819 Reed Avenue

DateEvent & SourcePriceAppreciation
Oct 19, 2020

Sold (Public Record)

Public Record #1424085091

$55,000

-1.1% / yr

Oct 19, 2020

Sold

Michigan Regional Information Center #20027482

$275,000—
Oct 19, 2020

Sold

MiRealSource #70150217

$275,000—
DateEvent & SourcePrice
10/19/2020

Sold (Public Record)

Public Record #1424085091

$55,000

-1.1% / yr

10/19/2020

Sold

Michigan Regional Information Center #20027482

$275,000
10/19/2020

Sold

MiRealSource #70150217

$275,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 819 Reed Avenue

Taxable ValueLand-Additions-Total-
Tax Record2025$2,419 ($202 / month)
Home Facts
Beds4Baths1Total Finished SqFt1,454 SqFtAbove Grade Finished SqFt1,454 SqFtUnfinished Basement SqFt675 SqFtStories1Lot Size3,049 SqFtStyleSingle Family ResidenceYear Built1915Year Renovated1915ZoningRD19CountyKALAMAZOOAPN06-22-499-001

Schools near 819 Reed Avenue

This home is within Kalamazoo Public Schools.
Rating
School
Type
Grades
Distance
Washington Writers' Academy
Public - PK to 5
Milwood Middle School
Public - 6 to 8
Loy Norrix High School
Public - 9 to 12
Kalamazoo Area Math and Science Center
Public - 9 to 12
Rating
School
Distance
Washington Writers' Academy
PublicPK to 5

Milwood Middle School
Public6 to 8

Loy Norrix High School
Public9 to 12

Kalamazoo Area Math and Science Center
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Jaqua, REALTORS

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