NOT LISTED FOR SALE

297 Rex Ave Kalamazoo, MI 49048

Estimated Value: $129,000 - $176,000

3 Beds
1 Bath
1,416 Sq Ft
$107/Sq Ft Est. Value

Last Sold October 14, 2019

Last sale price $57,000 $40 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $917/month

41 Days on Market

Highlights

  • Traditional Architecture
  • 1 Car Detached Garage
  • Forced Air Heating System

About This Home

As of October 2019

297 Rex Kalamazoo MI 49048 3 bedroom 1 bath home for sale with detached 1 car garage. Buyer to verify all data. Clients may see all data & schedule showings at www.RichardStewart.com or call Richard Stewart 269-345-7000 REO Specialists llc

Last Agent to Sell the Property

Richard Stewart

REO Specialists, L.L.C. License #6502431179 Listed on: 08/20/2019

Last Buyer's Agent

Gabe Hatfield

Five Star Real Estate License #6501417365

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $993

Year Built

  • Built in 1935

Lot Details

  • 8,987 Sq Ft Lot
  • Lot Dimensions are 50x179.75

Parking

  • 1 Car Detached Garage

Home Design

  • Traditional Architecture
  • Aluminum Siding

Interior Spaces

  • 1,416 Sq Ft Home
  • 2-Story Property
  • Partial Basement
  • Range
  • 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
  • Well
  • Septic Tank
  • Septic System

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$993

Year Built

Built in 1935

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1935
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 42.37
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50x179.75
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1416.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 993.27
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Substructure:Partial: Yes
  • General Property Info:Fireplace: No
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1416.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Partial
  • LivingArea: 1416.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 754.0
  • Appliances Range: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 60000.0
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: 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: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
  • Lot Dimensions: 50x179.75
  • Lot Size Sq Ft: 8987.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 993.27
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2019
Closed on
Oct 9, 2019
Sold by
Fifth Third Bank
Bought by
Mcphatter Derrick
Seller's Agent
Richard Stewart
REO Specialists, L.L.C.
Buyer's Agent
Gabe Hatfield
Five Star Real Estate
List Price
$60,000
Sold Price
$57,000
Premium/Discount to List
-$3,000
-5%
Current Estimated Value
$151,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,552
Avg. Annual Appreciation
16.93%

Purchase Details

Closed on
Jun 13, 2019
Sold by
Brown Armina Jean
Bought by
Fifth Third Bank

Purchase Details

Closed on
May 7, 2016
Sold by
Brown Armina J and Ughetti Brittany L
Bought by
Brown Armina J

Purchase Details

Closed on
Jan 16, 2012
Sold by
Brown Armina
Bought by
Brown Armina and Brown Brittany L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcphatter Derrick $57,000 Servicelink
Fifth Third Bank $50,085 None Available
Brown Armina J -- None Available
Brown Armina -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2019 10/14/19 Sold $57,000 -5.0% $40 / Sq Ft
09/30/2019 09/30/19 Pending -- -- --
08/20/2019 08/20/19 For Sale $60,000 -- $42 / 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 $1,542 $56,800 $0 $0
2024 $1,497 $54,500 $0 $0
2023 $1,426 $47,400 $0 $0
2022 $1,994 $39,400 $0 $0
2021 $1,940 $35,000 $0 $0
2020 $1,850 $30,600 $0 $0
2019 $990 $27,700 $0 $0
2018 $955 $26,600 $0 $0
2017 $0 $26,000 $0 $0
2016 -- $24,500 $0 $0
2015 -- $24,600 $2,700 $21,900
2014 -- $24,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 19040183

MichRIC

APN: 07-18-376-110