29 days on rocket

931 W Lovell St, Kalamazoo, MI, 49007

$270,000

Home List Price

$3,206*

Closing Credit

0 Baths
Multi

Location

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931 W Lovell St, Kalamazoo$270,000

Buyer Closing Credits

$3,206*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1905
HeatingNatural Gas, Forced Air
BasementYes
MLS #66024055195
Lot Size0.10 Acres
StatusActive

About 931 W Lovell St

Prime duplex located adjacent to Kalamazoo College and walking distance to Western Michigan University. Property was recently converted from a single family home into an up/down duplex. Unit 1 features 3 bedrooms, 1 full bathroom collecting $1,350 per month in rent. Unit 2 features 4 bedrooms, 2 full bathroom collecting $1,300. Potential to increase market rents. New furnace and water heater installed in 2022. Tenants pay gas/electric. Landlord pays water/sewer, trash, lawn/snow. Property being sold in combination with 929 W Lovell (vacant parcel/parking parcel) and 925 W Lovell (SF MLS#24055196). Potential to divide package with easement.

Property Details

Property Features

Property Information:

  • Year Built: 1905

Listing Office:

  • Office Name: Lukeman Group LLC
  • Office Phone: (269) 598-6567
  • Listing Agent: Madison H Lukeman

Interior Features

Interior Information:

  • Basement: Yes

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: From W Lovell, west to property right hand side after Bellevue

Price Information

Listing Price Info

Price Summary:

  • List Price: $270,000

Tax Information:

  • Annual Amount: $2,588
  • 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

$227.3K

Med. Price/SqFt

$172

Avg. Days On Market

28

# of Sold Homes

132

931 W Lovell St vs Kalamazoo

29 DAYS ON ROCKET

+1 Day

$270,000

+$42.6K More

KEY TAKEAWAY

This property is $42.6K more than the Median Sold Price in Kalamazoo, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Kalamazoo Association of REALTORS®
  • MLS Number: #66024055195

Listing Office:

  • Office Name: Lukeman Group LLC
  • Office Phone: (269) 598-6567
  • Listing Agent: Madison H Lukeman

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: 11/17/2024, 10:20:52 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$2,588$66,000
2020$2,431$58,300
2019$2,431$48,300
2018 - $42,100
2017 - $39,500

History based on county public records data.

Payment Calculator

$1,415

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$876

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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-403061
5
/10

  • El Sol Elementary School

  • 604 W Vine St

  • 0.37 miles

  • Public Magnet Grades KG-5

school-card-donut-403062
4
/10

  • Woodward School for Technology and Research

  • 606 Stuart Ave

  • 0.58 miles

  • Public Magnet Grades PK-5

school-card-donut-403063
4
/10

  • Lincoln International Studies School

  • 912 N Burdick St

  • 1.08 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,606. The most common annual income of people living in Kalamazoo, MI is less than $35k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Kalamazoo County›Kalamazoo›49007›931 W Lovell St

This home is located at 931 W Lovell St in Kalamazoo, MI and zip code 49007 in the Vine neighborhood. This home, which was built in 1905, sits on a 0.10 acre lot. It has been listed on Rocket Homes since October 19, 2024 and is currently priced at $270,000.

Kalamazoo, MI housing market in October 2024 saw over 38 listings sold above listed price, more than 29 sold at listed price and over 65 sold below. The number of homes for sale in Kalamazoo, MI increased by 5.7% between September 2024 and October 2024. The median list price of listings available in October 2024 was $227,301, while the average time on the real estate market was 28 days.

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

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