NOT LISTED FOR SALE

1408 Olmstead Rd Kalamazoo, MI 49048

Estimated Value: $86,000 - $100,000

3 Beds
1 Bath
1,460 Sq Ft
$64/Sq Ft Est. Value

Last Sold September 24, 2021

Last sale price $64,000 $44 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $636/month

6 Days on Market

Highlights

  • Farmhouse Style Home
  • Forced Air Heating System
  • Level Lot
  • 1 Car Detached Garage

About This Home

As of September 2021

Check out the large yard on this well priced 2 Story, three bedroom home in Kalamazoo Township. Property next door is also for sale (1420 Olmstead). Tenant occupied with month to month lease. Property sold as is. Showings require notice and availability may be limited.

Last Agent to Sell the Property

Jim Ryan

West Edge Real Estate LLC License #6502428634 Listed on: 11/16/2021

West Edge Real Estate LLC

Co-Listed By

Kimberly Ryan

West Edge Real Estate LLC License #6501330639

Last Buyer's Agent

Jim Ryan

West Edge Real Estate LLC License #6502428634 Listed on: 11/16/2021

West Edge Real Estate LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 0.4 Acre Lot
  • Level Lot
  • Property is zoned R-2, R-2

Parking

  • 1 Car Detached Garage

Home Design

  • Farmhouse Style Home
  • Vinyl Siding

Interior Spaces

  • 1,460 Sq Ft Home
  • 2-Story Property
  • Basement
  • Michigan Basement
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Farmhouse
  • Stories: 2
  • Year Built: 1925
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 112
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1460.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 1652.0
  • Tax Info:Zoning3: R-2
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Lot Description:Level: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Substructure:Michigan Basement: Yes
  • General Property Info:SqFt Above Grade: 1460.0
  • General Property Info Garage YN: Yes
  • Architectural Style Farm House: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Michigan Basement
  • LivingArea: 1460.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 520.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 59900.0
  • Lot Features: Level
  • Road Surface Type: Paved
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.4
  • Lot Size Area: 0.4
  • Lot Dimensions: 112
  • Lot Size Sq Ft: 17485.0
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1652.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2021
Closed on
Sep 24, 2021
Sold by
Lieu Yen
Bought by
Weitz Kathleen
Seller's Agent
Jim Ryan
West Edge Real Estate LLC
Buyer's Agent
Jim Ryan
West Edge Real Estate LLC
List Price
$59,900
Sold Price
$64,000
Premium/Discount to List
$4,100
6.84%
Current Estimated Value
$93,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,297
Avg. Annual Appreciation
9.73%
Original Mortgage
$62,840
Outstanding Balance
$57,180
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$36,117

Purchase Details

Closed on
Oct 27, 2015
Sold by
Massey Ricki L
Bought by
Lieu Yen

Purchase Details

Closed on
Nov 3, 2006
Sold by
Brown Donald C
Bought by
Massey Rick
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Weitz Kathleen $64,000 Chicago Title
Lieu Yen -- Attorney
Massey Rick $40,000 Devon
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weitz Kathleen $62,840
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2021 09/24/21 Sold $64,000 +6.8% $44 / Sq Ft
07/31/2021 07/31/21 Off Market $59,900 -- --
07/28/2021 07/28/21 For Sale $59,900 -- $41 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,690 $37,500 $0 $0
2024 $320 $32,700 $0 $0
2023 $305 $28,400 $0 $0
2022 $1,600 $28,200 $0 $0
2021 $1,271 $26,400 $0 $0
2020 $1,652 $24,500 $0 $0
2019 $1,592 $22,500 $0 $0
2018 $2,980 $22,000 $0 $0
2017 $0 $22,000 $0 $0
2016 -- $22,200 $0 $0
2015 -- $21,100 $0 $0
2014 -- $19,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Ryan

    Seller's Agent in 2021

    Jim Ryan

    West Edge Real Estate LLC

    (616) 836-1199

    100 Total Sales

    Jim Ryan
    Section Image
  • Kimberly Ryan

    Seller Co-Listing Agent in 2021

    Kimberly Ryan

    West Edge Real Estate LLC

    (616) 403-9647

    81 Total Sales

    Kimberly Ryan
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21097143

Southwestern Michigan Association of REALTORS®

APN: 06-24-455-010

Michigan Kalamazoo County Kalamazoo 49048

1408 Olmstead Rd, Kalamazoo, MI

This home is located at 1408 Olmstead Rd, Kalamazoo, MI 49048 since 16 November 2021 and is currently estimated at $93,297, approximately $63 per square foot. This property was built in 1925. 1408 Olmstead Rd is a home located in Kalamazoo County with nearby schools including Edison Environmental Science Academy, Milwood Magnet School, and Loy Norrix High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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