NOT LISTED FOR SALE

2863 E D Ave Kalamazoo, MI 49009

Estimated Value: $273,000 - $299,000

4 Beds
2 Baths
1,800 Sq Ft
$161/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $280,000 $156 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,685/month

5 Days on Market

Highlights

  • 1.22 Acre Lot
  • Eat-In Kitchen
  • Replacement Windows
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of June 2023

Are you ready to begin on a path to real estate investing? Looking for a home ideal for shared living? This duplex presents an exceptional opportunity for homeownership and potential income generation. This well-maintained duplex boasts two identical units, each with separate entrances, garages, and a privacy wall in the backyard, ensuring a sense of exclusivity and privacy for everyone. With a spacious and open backyard that overlooks a serene wooded meadow, everyone enjoys ample space and tranquility. Each unit features two bedrooms, a well-appointed bathroom, an open kitchen & eating area, and a main floor laundry providing comfortable living quarters. One of the units in this duplex is currently a successful rental, offering an excellent opportunity for additional income. Recent improvements to both units include new flooring, lighting, painting throughout, updated kitchens with concrete countertops, and new vertical siding on the front. Left unit also has updated bath with tiled shower, new water heater and hot tub in 2020. The average monthly income derived from the property ranges from $2,500 to $3,000. It's important to note that the property is currently booked through September, highlighting its desirability and potential for steady rental income. However, the decision to continue with the rentals is entirely at the discretion of the buyer and is not a requirement. In addition to the enticing income opportunities this duplex offers an open layout, modern amenities, and a convenient location between Kalamazoo and Grand Rapids. Whether you prefer to live in one unit and rent out the other or explore the potential for long-term rental income, this property provides limitless possibilities.

Last Agent to Sell the Property

Kelli Scheffers

eXp Realty LLC License #6504275828 Listed on: 05/28/2023

eXp Realty LLC

Last Buyer's Agent

Terri Feltner

Chuck Jaqua, REALTOR

Chuck Jaqua, REALTOR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,137

Year Built

  • Built in 2003

Lot Details

  • 1.22 Acre Lot
  • Lot Dimensions are 133.34 x 400.02
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • Replacement Windows
  • Basement
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Septic Tank
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,137

Year Built

Built in 2003

Lot Details

1.22 Acres

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 2003
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 155.56
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 133.34 X 400.02
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1800.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 3137.0
  • Roofing:Composition: Yes
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Windows:Replacement: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Util Avail at Street:Electric: Yes
  • Lot Description:Level: Yes
  • Driveway:Gravel: Yes
  • Substructure:Crawl Space: Yes
  • General Property Info:SqFt Above Grade: 1800.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Interior Amenities: Garage Door Opener, Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 4
  • Main Level Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Crawl Space
  • LivingArea: 1800.0
  • Window Features: Replacement
  • General Property Info:Stories2: 1.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 280000.0
  • Lot Features: Level
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 1.22
  • Lot Size Area: 1.22
  • Lot Dimensions: 133.34 X 400.02
  • Lot Size Sq Ft: 53143.0

Tax Info

  • Tax Annual Amount: 3137.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2023
Closed on
Jun 30, 2023
Sold by
Weathers Lydia Ruth and Weathers Kevin
Bought by
Dudash Nathaniel
Seller's Agent
Kelli Scheffers
eXp Realty LLC
Buyer's Agent
Terri Feltner
Chuck Jaqua, REALTOR
List Price
$280,000
Sold Price
$280,000
Views
17
Current Estimated Value
$290,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,654
Avg. Annual Appreciation
1.43%
Original Mortgage
$238,000
Outstanding Balance
$232,087
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$58,567

Purchase Details

Closed on
Apr 12, 2022
Sold by
Davis Jr William F
Bought by
Weathers Lydia Ruth and Weathers Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,749
Interest Rate
4.72%
Mortgage Type
Balloon

Purchase Details

Closed on
May 12, 2005
Sold by
Mauchmar Jeffrey and Mauchmar Karen
Bought by
Davis William F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
7.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 23, 2003
Sold by
Marshall Eva
Bought by
Mauchmar Jeffrey and Mauchmar Karen

Purchase Details

Closed on
Oct 4, 2002
Sold by
Deryder Danny and Deryder Linda
Bought by
Marshall Eva
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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 Buyer Sale Price Title Company
Dudash Nathaniel $280,000 Chicago Title Of Michigan
Weathers Lydia Ruth $157,353 Chicago Title
Davis William F $180,000 Devon Title
Mauchmar Jeffrey $23,000 Devon Title Agency
Marshall Eva -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dudash Nathaniel $238,000
Previous Owner Weathers Lydia Ruth $133,749
Previous Owner Davis William F $162,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2023 06/30/23 Sold $280,000 0.0% $156 / Sq Ft
06/02/2023 06/02/23 Pending -- -- --
05/28/2023 05/28/23 For Sale $280,000 -- $156 / Sq Ft
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 $2,244 $122,000 $0 $0
2024 $1,242 $115,800 $0 $0
2023 $1,031 $96,050 $0 $0
2022 $3,136 $91,100 $0 $0
2021 $3,629 $83,750 $0 $0
2020 $2,976 $84,350 $0 $0
2019 $2,822 $72,800 $0 $0
2018 $0 $69,669 $0 $0
2017 $0 $68,827 $0 $0
2016 -- $62,244 $0 $0
2015 -- $62,130 $0 $0
2014 -- $58,152 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MichRIC

MLS Number: 23017827

MichRIC

APN: 02-14-480-050

Your Personal Tour Guide

Ask me questions while you tour the home.