$74,001
SOLD DEC 21, 2023

2225 Olmstead Rd Kalamazoo, MI 49001

2 Beds
1 Bath
848 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$87 Per Sq Ft

65% Above List Price

1 Day on Market

Highlights

  • Traditional Architecture
  • 2 Car Detached Garage
  • 1-Story Property
  • Corner Lot: Yes
  • Forced Air Heating and Cooling System

About This Home

As of June 2024

Located close to Sprinkle Rd with easy highway access. Nice fenced back yard and a detached 2-car garage. The property needs work to be brought back to living condition; utilities are off, and there may be a roof leak. CASH ''AS IS'' OFFERS ONLY

Last Agent to Sell the Property

Daniel O'Brien

O'Brien Real Estate Listed on: 12/13/2023

Co-Listed By

Patrick O'Brien

O'Brien Real Estate License #6502102326

Last Buyer's Agent

Daniel O'Brien

O'Brien Real Estate Listed on: 12/13/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 75x137
  • Corner Lot: Yes

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 848 Sq Ft Home
  • 1-Story Property
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 1
  • Year Built: 1955
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 75x137
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 848.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 2856.23
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • Roofing:Shingle: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 848.0
  • Laundry Features In Basement: Yes
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 848.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Total Basement SQFT: 848.0

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 44900.0
  • Lot Features: Corner Lot
  • Roof: Shingle
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: In Basement
  • Sewer: Public
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.24
  • Lot Size Area: 0.24
  • Lot Dimensions: 75x137
  • Lot Size Sq Ft: 10454.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2856.23
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2024
Closed on
Jun 14, 2024
Sold by
Modern Property Investments Ll
Bought by
Mcmillian Chyna L
Seller's Agent
David Howard
CENTURY 21 C. Howard
Buyer's Agent
David Howard
CENTURY 21 C. Howard
List Price
$189,900
Sold Price
$180,000
Premium/Discount to List
-$9,900
-5.21%
Views
5
Current Estimated Value
$176,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,863
Avg. Annual Appreciation
-2.46%
Original Mortgage
$169,600
Outstanding Balance
$167,907
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$7,056

Purchase Details

Listed on
Dec 13, 2023
Closed on
Dec 21, 2023
Sold by
Comerica Bank
Bought by
Modern Property Investments Ll
Seller's Agent
Daniel O'Brien
O'Brien Real Estate
Buyer's Agent
Daniel O'Brien
O'Brien Real Estate
List Price
$44,900
Sold Price
$74,001
Premium/Discount to List
$29,101
64.81%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
537.15%
Original Mortgage
$90,000
Interest Rate
7.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2023
Sold by
Weaver Robert E
Bought by
Comerica Bank

Purchase Details

Closed on
Nov 8, 2013
Sold by
Milkovich Michael J
Bought by
Milkovich Marvin G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
4.23%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 31, 2008
Sold by
Milkovich Marvin Gene
Bought by
Milkovich Michael J

Purchase Details

Closed on
May 20, 2004
Sold by
Milkovich Charles
Bought by
Milkovich Marvin Gene
Source: Public Records

Similar Homes in Kalamazoo, MI

  • 1228 Wells Place, Kalamazoo, MI 49001

    $89,900

    • 3 Beds
    • 1 Bath
    • 1,036 Sq Ft
    • 1228 Wells Place
    • Kalamazoo, MI

    Don't miss this investment opportunity in the heart of downtown Kalamazoo! This 3-bedroom, 1-bath home is ideally located near Kalamazoo College, Western Michigan University, shops, parks and more! The main floor features a spacious living room, an eat-in kitchen, one bedroom, a full bath, and a flexible space perfect for a home office or den. Upstairs, you'll find two additional generously sized

    Shauna N. Knight-Major RE/MAX Advantage

    Section Image
  • 907 Russell St, Kalamazoo, MI 49001

    $80,000

    • 2 Beds
    • 1 Bath
    • 1,113 Sq Ft
    • 907 Russell St
    • Kalamazoo, MI

    This gorgeous two story, brick home has a ton to offer a buyer that is ready to put in the time to return it to its place as one of the most gorgeous and valuable homes in the neighborhood. with strong foundations, a Beautiful, enclosed back yard and plenty of space this home is perfect for someone who is ready to put some effort in to remodel and fix it up. a fire caused by an arson in 2024

    Kurt Bockhausen Greenridge Realty (Summit)

    Section Image
  • 1820 Elgin St, Kalamazoo, MI 49001

    $64,900

    • 4 Beds
    • 2 Baths
    • 1,493 Sq Ft
    • 1820 Elgin St
    • Kalamazoo, MI

    Bring your vision to life with this nearly 1,500 sq ft property packed with potential! Whether you're dreaming of a spacious single-family home or a duplex with two 2 bed, 1 bath units, the layout gives you plenty of options to work with. The home was previously a 2-story duplex and has since been mostly re-framed after a fire, with a brand-new roof added in 2024. Two separate driveways and

    Rob Evenboer Evenboer Walton, REALTORS

    Section Image
  • 711 Millard Ct, Kalamazoo, MI 49001

    $89,000

    • 3 Beds
    • 1 Bath
    • 828 Sq Ft
    • 711 Millard Ct
    • Kalamazoo, MI

    A great opportunity to own a solid 3 bedroom home with an EXTRA LOT! This home has been well maintained over the years. It offers a sun filled wrap around porch, perfect for relaxing on a summer afternoon. The primary bedroom and laundry are on the main floor. Upstairs you'll find two additional bedrooms. All the mechanicals have been recently updated, the roof is newer - making this a

    Charlie Bradford Chuck Jaqua, REALTOR

    Section Image
  • 824 Gayle Ave, Kalamazoo, MI 49048

    $84,900

    • 2 Beds
    • 1 Bath
    • 1,090 Sq Ft
    • 824 Gayle Ave
    • Kalamazoo, MI

    PRICE REDUCED 824 Gayle Ave Kalamazoo MI 49048 2 Bedroom 1 Bath home for sale. Features include full basement, fenced rear yard, detached 1 car garage. Directly across the street from Wilson Recreation Area Park. Open to all bidders. Contact Richard Stewart REO Specialists Llc www.REOmamma.com 269-345-7000

    Richard Stewart REO Specialists, L.L.C.

    Section Image
  • 628 Trimble Ave, Kalamazoo, MI 49048

    $69,999

    • 2 Beds
    • 1 Bath
    • 1,356 Sq Ft
    • 628 Trimble Ave
    • Kalamazoo, MI

    Kalamazoo Eastside home with lots of potential. 2 bedroom and 1 bath, situated on a spacious and secluded city lot. Large 768 sq ft detached garage. The property needs work and is not currently livable. Cash ''as is'' offers only.

    Daniel O'Brien O'Brien Real Estate

    Section Image
  • 124 W Maple St, Kalamazoo, MI 49001

    $92,500

    • 3 Beds
    • 1.5 Baths
    • 1,298 Sq Ft
    • 124 W Maple St
    • Kalamazoo, MI

    124 W Maple St Kalamazoo MI 49001 Do you need a move in ready home? This 1298 square foot 3-bedroom 1.5-bathroom home is for sale complete with deck and fresh paint. Ask about low down payment financing and down payment assistance grant options. Richard Stewart REAL BROKER Llc 269-217-0411 www.RichardStewart.com

    Richard Stewart Real Broker, LLC

    Section Image
  • 2356 Mount Olivet Rd, Kalamazoo, MI 49004

    $59,000

    • 3 Beds
    • 1 Bath
    • 915 Sq Ft
    • 2356 Mount Olivet Rd
    • Kalamazoo, MI

    Handyman or Flipper Special! Stripped to the studs, ready for your finishing touch! With a great walk-out basement, Garage, and large deck. In the Kalamazoo Promise. On an Awesome Hillside lot! Overlooking Beautiful Spring Valley Parks' Multiple Lakes & Ponds, Miles of Nature Trails, and Sparkling Brooks! In a Great Location! Minutes from Gull Road Shopping, Downtown Kalamazoo, US-131 & I-94.

    Phillip Barber Berkshire Hathaway HomeServices MI

    Section Image
  • 214 E Clay St, Kalamazoo, MI 49007

    $74,900

    • 3 Beds
    • 1.5 Baths
    • 1,169 Sq Ft
    • 214 E Clay St
    • Kalamazoo, MI

    Currently rented for $900/month. Could be a nice home for a single person or young couple buying their first home. Seller is willing to help with FHA or conventional financing.

    James Douglass RE/MAX Advantage

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $180,000 None Listed On Document
Warranty Deed $74,001 None Listed On Document
Sheriffs Deed $47,782 --
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $169,600 New Conventional
Previous Owner $90,000 New Conventional
Previous Owner $25,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2024 06/13/24 Sold $180,000 -5.2% $212 / Sq Ft
05/10/2024 05/10/24 Pending -- -- --
05/08/2024 05/08/24 For Sale $189,900 +156.6% $223 / Sq Ft
12/21/2023 12/21/23 Sold $74,001 +64.8% $87 / Sq Ft
12/14/2023 12/14/23 Pending -- -- --
12/13/2023 12/13/23 For Sale $44,900 -- $53 / 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 $404 $61,900 $0 $0
2024 $404 $37,700 $0 $0
2023 $401 $58,500 $0 $0
2022 $1,998 $49,600 $0 $0
2021 $1,875 $40,600 $0 $0
2020 $1,845 $37,100 $0 $0
2019 $1,763 $34,400 $0 $0
2018 $1,719 $32,500 $0 $0
2017 $0 $32,500 $0 $0
2016 -- $31,800 $0 $0
2015 -- $31,500 $0 $0
2014 -- $31,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23144745

Southwestern Michigan Association of REALTORS®

APN: 06-25-290-220