NOT LISTED FOR SALE

14364 Rainbow Ave Kaleva, MI 49645

Estimated Value: $132,000 - $166,000

Studio
-- Bath
-- Sq Ft
0.33 Acres Lot

Sale Details

Date Sold: August 26, 2022

Last sale price $90,000

Est. 66% increase in value since last sale

Current estimated payment $916 / mo

3 Days on Market

About This Home

As of August 2022

Great opportunity to own a duplex in the village of Kaleva. Could use some cosmetic updates, but strong foundation and floor plans. One long term renter and one open unit with a renter identified. A washer and dryer are included in both units. Priced to sell!

Last Agent to Sell the Property

Corinn Fink

Five Star Real Estate (Onekama) License #6501408719 Listed on: 07/12/2022

Last Buyer's Agent

Corinn Fink

Five Star Real Estate (Main)

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,158

Year Built

  • Built in 1970

Lot Details

  • 14,427 Sq Ft Lot
  • Lot Dimensions are 80x 195

Home Design

  • Composition Roof
  • Aluminum Siding

Basement

  • Crawl Space

Parking

  • 4 Parking Spaces
  • Gravel Driveway

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Septic Tank

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • The owner pays for water

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,158

Year Built

Built in 1970

Lot Details

0.33 Acres

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1970
  • General Property Info:Basement: No
  • Waterfront Options:Water Access YN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space
  • Basement: No

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 109000.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank, Public Sewer
  • Utilities: Natural Gas Connected, Electricity Available, Natural Gas Available
  • Water Source: Public Water

Lot Info

  • Lot Size Acres: 0.3312
  • Lot Size Area: 0.33
  • Lot Dimensions: 80x 195
  • Lot Size Sq Ft: 14427.0
  • Zoning Description: r-1

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1158.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2022
Closed on
Aug 25, 2022
Sold by
Harju Clarence
Bought by
Leman Christopher A and Nobel Brendon J
Seller's Agent
Corinn Fink
Five Star Real Estate (Onekama)
Buyer's Agent
Corinn Fink
Five Star Real Estate (Onekama)
List Price
$109,000
Sold Price
$90,000
Premium/Discount to List
-$19,000
-17.43%
Current Estimated Value
$149,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,664
Avg. Annual Appreciation
14.95%

Purchase Details

Closed on
Oct 1, 1991
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Leman Christopher A $90,000 --
-- $32,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2022 08/26/22 Sold $90,000 -17.4% --
07/15/2022 07/15/22 Pending -- -- --
07/12/2022 07/12/22 For Sale $109,000 -- --
Source: MichRIC

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 $1,472 $67,900 $0 $0
2024 $14 $67,100 $0 $0
2023 $1,364 $62,800 $0 $0
2022 $1,428 $55,200 $55,200 $0
2021 $1,378 $50,400 $50,400 $0
2020 $1,349 $49,900 $49,900 $0
2019 $1,333 $48,400 $48,400 $0
2018 $1,309 $27,700 $27,700 $0
2017 $1,238 $21,600 $21,600 $0
2016 $477 $24,200 $24,200 $0
2015 -- $24,600 $24,600 $0
2014 -- $24,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Corinn Fink

    Seller's Agent in 2022

    Corinn Fink

    Five Star Real Estate (Onekama)

    (616) 278-5417

    40 Total Sales

    Corinn Fink
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Map

Source: MichRIC

MLS Number: 22028863

MichRIC

APN: 38-541-702-25

Michigan Manistee County Kaleva 49645

14364 Rainbow Ave, Kaleva, MI

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.

MichRIC Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.

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