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1025 Berkshire Drive

1025 Berkshire Drive, Kalamazoo, MI 49006
Property in Arcadia
Sold May 10, 2017
$88,950
$30,000 by Arbor Financial Credit Union
Mortgage Due Jul 25, 2042
Sold Mar 11, 2016
$120,500
$90,375 by Colonial National Mortgage
Mortgage Due Mar 01, 2046
1025 Berkshire Drive in Kalamazoo, MI was first built in 1957 and is 67 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1025 Berkshire Drive has 1,424 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 10,019 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 462 sqft. There are a total of 2 available parking spaces. As for heating, the home is utilizing a forced air unit. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1025 Berkshire Drive sold most recently in May 5, 2017 for a total of $88,950. If you work out the math, that's approximately a cost of $62.46 per sqft. Before that, the property was also sold for $120,500 in Feb 19, 2016. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,920 in taxes each year. 1025 Berkshire Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $85,800. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,040
  • Garage Type: Garage
  • Garage Square Area: 462
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,424
  • Building Area: 1,424
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,424
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ARCADIA PLAT
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: G1X-65 ARCADIA LOT 65

Ownership

  • Current Owner : BURRELL LORI
  • Previous Owner : BURRELL ROBERT
  • Owner Before Previous Owner: SWORDS MICHAEL D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Kalamazoo Public School District
  • School Tax School District: KALAMAZOO
  • Census Tract: 001509

Zoning

  • Zoning: RS-5

Geography

  • District: 0
  • Parcel: 06-19-432-065
  • Lot: 65
  • Municipality: KALAMAZOO CITY
  • Latitude: 42.2808
  • Longitude: -85.6315

    Address

  • Full Address: 1025 Berkshire Dr
  • Address - House Number: 1025
  • Address - Street Name: Berkshire
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Kalamazoo
  • Carrier Code: C040
  • 4-Digit Zip Code: 6403
  • Zip Code: 49006

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,920

    Appraisal Valuation

  • Standard Deviation: 0.2038
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 72
  • Final Value: 243,467
  • High Value: 293,100
  • Low Value: 193,834

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $30,000
  • First Open Lien Mortgage Lender: ARBOR FINANCIAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: Jun 28, 2022
  • First Open Lien Mortgage Loan Amount: $30,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Jul 25, 2042

    Market Valuation

  • Market Total Value: $171,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $85,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 05, 2017
  • Current Sale Recording Date: May 10, 2017
  • Current Sale Transaction ID: 1812057895
  • Current Sale Price: $88,950
  • Current Sale Document Type: Land Contract
  • Current Sale Input Document Number: 20170016152
  • Previous Sale Recording Date: Mar 11, 2016
  • Previous Sale Contract Date: Feb 19, 2016
  • Previous Sale Amount: $120,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROBERT BURRELL
  • First Mortgage Loan Type: Seller take-back

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: COLONIAL NATIONAL MORTGAGE
  • Previous Mortgage Transaction Date: Mar 11, 2016
  • Previous Mortgage Loan Amount: $90,375
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2046

About Arcadia



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 1025 Berkshire Drive located in?
The 1025 Berkshire Drive is a located in the neighborhood of Arcadia in Arcadia, Kalamazoo.
What is the average sales price for listings in 1025 Berkshire Drive?
The average sales price for units in 1025 Berkshire Drive is $0 currently.

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