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$179,500

Beds
7
Baths
3.5
sq ft
2,580

935 W Lovell St, Kalamazoo, MI 49007

935 W Lovell St

Kalamazoo, MI 49007

  • 187 days on market
    • Price drop $5,500↓
A City Certified Rental (exp. 2027) that offers many possibilities with the benefits of newer upgrades - furnace (2019), water heater (2019), electrical! This 7 bedroom home could be utilized as a spacious single-family residence or easily converted into a multi-family dwelling for additional income potential. Zoned as LW1, roominghouse and short-term rental are also allowed uses. Located off of Oakland Dr in the South Street Historic District, this property is also in walking distance to Western Michigan University, Kalamazoo College, and the downtown area. With 3 full baths already in place, the main floor half bath could also be updated into a fourth full bathroom. Main floor laundry hook up available. A large parking lot in the back provides ample space for multiple vehicles.

Details

Property type

Single Family Residence

Est. home value

$191,946

Lot size

5,663 sq ft

Price per sq ft

$70

Year built

1871

Annual property taxes

$6,030

Price History

12/09/2024
Realcomp

Realcomp #66024030793

Price change
$179,500
-2.97%
06/17/2024
Realcomp

Realcomp #66024030793

Listed
$185,000
+13.5%
04/25/2024
Realcomp

Realcomp #66023027281

Removed
$163,000

Schools & Community

Neighborhood: 

Vine

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Kalamazoo

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Bpl Mortgage Trust Llc

Loan start date

March 2022

Original loan amount

$167,200

Est. remaining balance

Not provided

Interest rate

3.55%

Loan type

Future Advance Clause / Open End Mortgage

Seller

Jw Thompson Enterprise Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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704 W Lovell St, Kalamazoo, MI 49007

Status: Active

Tomo last checked: 12/22/2024 at 9:40 AM

Listing updated: 12/09/2024 at 10:10 AM

Listed by: Jacqueline A Slaby, CENTURY 21 C. Howard Phone #: (269) 381-9258

MLS: Realcomp #66024030793

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