Sold

$19,400

1427 Lane Blvd, Kalamazoo, MI 49001

4beds

1,418sqft

Single Family Residence

Built in 1912

5,662 Square Feet Lot

$121,300 Zestimate^®

$14/sqft

$1,985 Estimated rent

Home value

$121,300

$86,000 - $158,000

$1,985/mo

Zestimate^® history

Owner options

List your home for rent

$1,985/mo

Rent Zestimate^®

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$1,985/mo

Rent Zestimate^®

Refinance and save

$104/mo

Est. payment

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$104/mo

Est. payment

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What's special

Newer roof

Discover a lucrative opportunity with this property, ripe for rehabilitation and offering solid infrastructure including a newer roof and siding. Perfect for investors, flippers, or homeowners seeking a project, the interior awaits a complete rehab. While a cash purchase is preferred, a land contract option is possible, requiring $8800 down, $350/month, 11% interest, and a $24,000 purchase price. Note that a Quit Claim Deed will be provided (instead of title insurance) due to an old unreleased mortgage from 2001 from an individual who is now deceased, necessitating a Quiet Title process for clear ownership. Seller is a licensed agent in Michigan.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2
Main level bedrooms: 1

Heating

Forced Air

Appliances

Laundry: In Basement

Features

Basement: Full
Has fireplace: No

Interior area

Total structure area: 1,418
Total interior livable area: 1,418 sqft
Finished area below ground: 0

Property

Features

Stories: 2

Lot

Size: 5,662 Square Feet
Dimensions: 44 x 130

Details

Parcel number: 390626138020

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Vinyl Siding

Condition

New construction: No
Year built: 1912

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Phone Available, Natural Gas Available, Electricity Available, Cable Available

Community & HOA

Location

Region: Kalamazoo

Financial & listing details

Price per square foot: $14/sqft
Tax assessed value: $21,501
Annual tax amount: $1,045
Date on market: 3/29/2024
Listing terms: Cash
Electric utility on property: Yes
Road surface type: Paved

Price history

Date	Event	Price
4/11/2024	Sold	$19,400-2.5%$14/sqft
Source: MichRIC #24014933 Report a problem
3/30/2024	Pending sale	$19,900$14/sqft
Source: MichRIC #24014933 Report a problem
3/29/2024	Listed for sale	$19,900$14/sqft
Source: MichRIC #24014933 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,236 +127.8%	$57,900 +25.9%
2024	$2,737	$46,000 +12.5%
2023	--	$40,900 +17.5%
2022	--	$34,800 +27.5%
2021	--	$27,300 +11.9%
2020	--	$24,400 +31.2%
2018	--	$18,600 -2.1%
2017	$906	$19,000 +2.2%
2016	$906	$18,600 +1.6%
2015	$906	$18,300 +7.6%
2014	$906	$17,000 -10.5%
2013	--	$19,000 -6.9%
2012	--	$20,400 -22.1%
2011	--	$26,200 -10%
2010	--	$29,100 -6.1%
2009	--	$31,000 -11.2%
2008	--	$34,900 +9.1%
2004	--	$32,000 +9.2%
2003	--	$29,300 +5.8%
2002	--	$27,700 +6.3%
2001	--	$26,050