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621 Terrace Court

621 Terrace Court, Kalamazoo, MI 49001
Property in Edison
Sold Sep 10, 2018
$98,000
$55,000 by Amerifirst Financial Corporati
Mortgage Due Jul 01, 2037
Sold Aug 30, 2017
$18,000
621 Terrace Court in Kalamazoo, MI was first built in 1905 and is 119 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 621 Terrace Court has 1,344 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 5,227 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 644 sqft. There are a total of 2 available parking spaces. As for heating, the home is utilizing a forced air unit. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 621 Terrace Court was last sold in Aug 24, 2018 for $98,000. According to our calculations, that's $72.92 per sqft. Prior to that sales transaction, the property was sold for $18,000 in Aug 24, 2017. Current property owners are expected to pay $663 in taxes per year. The property on 621 Terrace Court was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $39,100. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1905
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 672
  • Garage Type: Garage
  • Garage Square Area: 644
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,227
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,344
  • Building Area: 1,344
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,344
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOUTH SIDE IMPROVEMENT COMPANYS ADD
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 42306 SOUTH SIDE IMPROVEMENT COMPANYS ADDITION S 50FT OF LOT 146 E 50FT OF N 50FT OF LOT 147.

Ownership

  • Current Owner : LUGO CARLOS R SANTIAGO
  • Previous Owner : MJ RENTALS LLC
  • Owner Before Previous Owner: KALAMAZOO COUNTY TREASURER
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Kalamazoo Public School District
  • School Tax School District: KALAMAZOO
  • Census Tract: 001002

Zoning

  • Zoning: RS-5

Geography

  • District: 0
  • Parcel: 06-22-492-002
  • Lot: 146-147
  • Municipality: KALAMAZOO CITY
  • Latitude: 42.275
  • Longitude: -85.5727

    Address

  • Full Address: 621 Terrace Ct
  • Address - House Number: 621
  • Address - Street Name: Terrace
  • Address - Suffix Type: Ct
  • State: MI
  • City Name: Kalamazoo
  • Carrier Code: C028
  • 4-Digit Zip Code: 2982
  • Zip Code: 49001

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $663

    Appraisal Valuation

  • Standard Deviation: 0.2293
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 68
  • Final Value: 137,739
  • High Value: 169,329
  • Low Value: 106,149

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $55,000
  • First Open Lien Mortgage Lender: AMERIFIRST FINANCIAL CORPORATI
  • First Open Lien Mortgage Recording Date: Jul 07, 2022
  • First Open Lien Mortgage Financing Type: unknown
  • First Open Lien Mortgage Loan Amount: $55,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2037

    Market Valuation

  • Market Total Value: $78,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 24, 2018
  • Current Sale Recording Date: Sep 10, 2018
  • Current Sale Transaction ID: 11510698170
  • Current Sale Price: $98,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018-028562
  • Previous Sale Recording Date: Aug 30, 2017
  • Previous Sale Contract Date: Aug 24, 2017
  • Previous Sale Amount: $18,000
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERIFIRST FINANCIAL CORP
  • First Mortgage Transaction Date: Sep 10, 2018
  • First Mortgage Loan Amount: $93,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2048

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Frequently Asked Questions

What neighborhood is 621 Terrace Court located in?
The 621 Terrace Court is a located in the neighborhood of Edison in Edison, Kalamazoo.
What is the average sales price for listings in 621 Terrace Court?
The average sales price for units in 621 Terrace Court is $0 currently.

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