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731 Village St, Kalamazoo, MI, 49008

$225,000

Home List Price

$2,672*

Closing Credit

0 Baths
Multi

Location

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731 Village St, Kalamazoo$225,000

Buyer Closing Credits

$2,672*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingUnpaved
Year Built1890
HeatingForced Air, Natural Gas
BasementYes
MLS #65024057860
Lot Size0.25 Acres
StatusActive

About 731 Village St

Don't miss this well-maintained, city-certified 3-unit property in the highly desirable Vine neighborhood of Kalamazoo! With recent mechanical updates, including zoned heating for each apartment and brand-new electrical panels, this units offers both comfort and efficiency. The property features a spacious back deck, a patio, and additional green space, plus a large off-street parking area. Perfect for an owner-occupant or a smart addition to any rental portfolio, this property brings in $3,006 per month in rental income when fully occupied.Available individually or part of a 21 unit rental portfolio MLS 24058041

Property Details

Property Features

Property Information:

  • Year Built: 1890

Listing Office:

  • Office Name: Keller Williams GR East, Keller Williams Realty SWM
  • Office Phone: (616) 575-1800, (269) 469-2911
  • Listing Agent: Lucas Howard, Luke Schrader

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: Unpaved

Lot Features

Lot Information:

  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: From Westnedge Avenue go South to Village Street and then West to home.

Price Information

Listing Price Info

Price Summary:

  • List Price: $225,000

Tax Information:

  • Annual Amount: $2,418
  • Tax Year: 2021
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Housing Market Comparison

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

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Kalamazoo, MI

City

Med. Sold Price

$230.3K

Med. Price/SqFt

$141

Avg. Days On Market

22

# of Sold Homes

117

731 Village St vs Kalamazoo

43 DAYS ON ROCKET

+21 Days

$225,000

-$5.3K Less

KEY TAKEAWAY

This property is $5.3K less than the Median Sold Price 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: #65024057860

Listing Office:

  • Office Name: Keller Williams GR East, Keller Williams Realty SWM
  • Office Phone: (616) 575-1800, (269) 469-2911
  • Listing Agent: Lucas Howard, Luke Schrader

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

Tax History

YEARPROP. TAXASSESSMENT
2021$2,418$58,100
2020$2,328$52,200
2019$2,328$44,300
2018 - $38,100
2017 - $36,000

History based on county public records data.

Payment Calculator

$1,190

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$741

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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-4352756
5
/10

  • El Sol Elementary School

  • 604 W Vine St

  • 0.11 miles

  • Public Magnet Grades KG-5

school-card-donut-4352757
4
/10

  • Woodward School for Technology and Research

  • 606 Stuart Ave

  • 0.99 miles

  • Public Magnet Grades PK-5

school-card-donut-4352758
4
/10

  • Parkwood - Upjohn Elementary School

  • 2321 S Park St

  • 1.11 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,638. Most Kalamazoo, MI residents have annual incomes less than $35k. The most common type of family 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

Rocket Homes›Michigan›Kalamazoo County›Kalamazoo›49008›731 Village St

This home is located at 731 Village St in Kalamazoo, MI and zip code 49008 in the Vine neighborhood. This home, which was built in 1890, sits on a 0.25 acre lot. It has been listed on Rocket Homes since November 05, 2024 and is currently priced at $225,000.

In November 2024 more than 25 listings in Kalamazoo, MI were sold above the asking price. During the same period more than 25 listings were sold at asking price, while more than 67 were sold below. The number of listings in Kalamazoo, MI decreased by 4% between October 2024 and November 2024. While the average time on the market in November 2024 was 22 days, the median list price was $230,336.

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

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