2 months on rocket

316 Elm St, Kalamazoo, MI, 49007

$250,000

Home List Price

$2,969*

Closing Credit

6 Bedrooms
3 Full Baths
2,729 SqFt
$92/SqFt
House

Location

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316 Elm St, Kalamazoo$250,000

Buyer Closing Credits

$2,969*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, GarageFacesFront, Paved
Garage1 space
Year Built1893
HeatingForced Air, Natural Gas
BasementYes
MLS #65024054148
Lot Size0.15 Acres
StatusActive

About 316 Elm St

This gorgeous 2-unit house featuring a 2-bed/1-bath on the main level and a very large upper 4-bed/2-bath unit and expected to bring in at least $2700 per month. This property has so much potential, from being a great investment property, to someone who wants to ''house-hack'' and rent one unit out while living in the other, to transforming the very large partially finished attic space into something amazing. The ideas are endless. Featuring a full basement with shared laundry area, plenty of storage throughout the house, a semi-fenced and private backyard, and off-street parking including a 1-stall detached garage. The entry way is absolutely stunning with the woodwork and ''grandness'' of it all. Don't miss out, see this one soon!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1893
  • Stories: 3
  • Living Area: 2,729 SqFt

Listing Office:

  • Office Name: Place Real Estate
  • Office Phone: (616) 229-9877
  • Listing Agent: Houston Moyer

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: Balcony

Parking Information:

  • Garage Space: 1 space
  • Parking: Detached, GarageFacesFront, Paved

Lot Features

Lot Information:

  • Lot: Sprinklers
  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: US-131 to N Westnedge Ave, W on W Kalamazoo Ave to Elm St, S on Elm to property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $250,000
  • Price Per SqFt: $92/SqFt

Tax Information:

  • Annual Amount: $4,277
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Kalamazoo, MI.

Med. Sold Price

$230.3K

Med. Price/SqFt

$141

Avg. Days On Market

22

# of Sold Homes

117

316 Elm St vs Kalamazoo

64 DAYS ON ROCKET

+42 Days

$250,000

+$19.6K More

$92/SqFt

-$50 Less

KEY TAKEAWAY

This property is $19.6K more than the Median Sold Price and $50/SqFt less than other homes in Kalamazoo, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Regional Alliance of REALTORS
  • MLS Number: #65024054148

Listing Office:

  • Office Name: Place Real Estate
  • Office Phone: (616) 229-9877
  • Listing Agent: Houston Moyer

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 3:21:04 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 26, 2021Home Sold
$193,000
Feb 22, 2018Home Sold
$155,000
Mar 04, 2010Home Sold
$65,199
Feb 26, 2010Home Sold
$45,000
Jun 13, 2005Home Sold
$162,750

Tax History

YEARPROP. TAXASSESSMENT
2021$4,277$94,900
2020$4,077$87,600
2019$4,077$82,400
2018 - $77,400
2017 - $76,200

History based on county public records data.

Payment Calculator

$1,315

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$816

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4355702
4
/10
  • Woodward School for Technology and Research

  • 606 Stuart Ave

  • 0.26 miles

  • Public Magnet Grades PK-5

school-card-donut-4355703
5
/10
  • El Sol Elementary School

  • 604 W Vine St

  • 0.66 miles

  • Public Magnet Grades KG-5

school-card-donut-4355704
4
/10
  • Lincoln International Studies School

  • 912 N Burdick St

  • 0.72 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,167. Most Kalamazoo, MI residents have annual incomes less than $35k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 316 Elm St

What is the listing price of this property?

The listing price of 316 Elm St property is $250,000.

What type of property is this?

The property 316 Elm St is a house located in Kalamazoo, Michigan, 49007.

Is this property for sale now?

Active Listing: 316 Elm St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,277 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 26, 2021 for $193,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 316 Elm St has 6 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 316 Elm St is 2,729 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 316 Elm St is 1893.

Rocket Homes›Michigan›Kalamazoo County›Kalamazoo›49007›316 Elm St

This home is located at 316 Elm St in Kalamazoo, MI and zip code 49007 in the Stuart neighborhood. This 2,729 square foot home, which was built in 1893, sits on a 0.15 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 14, 2024 and is currently priced at $250,000.

In November 2024, from all listings sold in Kalamazoo, MI there were more than 25 sold above asking price, over 67 sold below and more than 25 were sold right at the asked price. The number of homes for sale in Kalamazoo, MI decreased by 4% between October 2024 and November 2024. The median list price of listings available in November 2024 was $230,336, while the average time on the real estate market was 22 days.

From Rocket Homes Real Estate and based on county public records data.

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