NOT LISTED FOR SALE

3967 Observation Ave Kalamazoo, MI 49004

Estimated Value: $272,000

3 Beds
2.5 Baths
1,784 Sq Ft
$152/Sq Ft Est. Value

Last Sold January 31, 2013

Last sale price $70,000 $39 Per Sq Ft

Est. 289% increase in value since last sale

Current estimated payment $1,701/month

24 Days on Market

Highlights

  • In Ground Pool
  • 2 Fireplaces
  • Brick or Stone Mason
  • Deck
  • Attached Garage
  • Forced Air Heating System

About This Home

As of January 2013

This is a Fannie Mae/HomePath property. Purchase this property for as little as 3% down. This property is approved for HomePath Renovation Mortgage Financing. Great Location for this California ranch home! Lot of room and a great outdoor space! This home is the perfect candidate for the Fannie Mae Renovation Loan or the 203k repair loan! Make it yours! There are 3 bedrooms and 1.5 baths on the main level. To learn more about these types of homes, google aresmi.com and then call for your showing!!

Last Agent to Sell the Property

Gail Mitchell

Advanced Real Estate Services Listed on: 10/09/2012

Co-Listed By

Sharon McFellin

Advanced Real Estate Services License #6501280005

Last Buyer's Agent

Terrie Boven

RE/MAX of Kalamazoo License #6501218956

RE/MAX of Kalamazoo

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1968

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 75x200

Parking

  • Attached Garage

Home Design

  • Brick or Stone Mason
  • Wood Siding
  • Stone

Interior Spaces

  • 1,784 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • In Ground Pool
  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Septic System

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1968
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 44.79
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 75x200
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1784.0
  • General Property Info:Design: Ranch
  • Tax Info:Annual Property Tax: 2200.0
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 2.0
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • General Property Info:Fireplace: Yes
  • Substructure:Walk Out: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Pool:OutdoorInground: Yes
  • General Property Info:SqFt Above Grade: 1784.0
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Fireplaces: 2
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Walk Out, Full
  • LivingArea: 1784.0
  • General Property Info:Stories2: 1.0

Exterior Features

  • Construction Materials: Stone, Wood Siding
  • Exterior Features: Deck(s)
  • List Price: 79900.0
  • Pool Features: Outdoor/Inground
  • Road Surface Type: Paved
  • Waterfront: No
  • Driveway Paved: Yes
  • Exterior Features:Deck(s): Yes
  • Exterior Material:Wood Siding: Yes
  • Exterior Material:Stone: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached
  • Garage:Garage2: Yes
  • Garage Type:_two_: Yes
  • Parking Features Attached2: Yes

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic System
  • Utilities: Public Water, Public Sewer, Natural Gas Available, Electricity Available, Natural Gas Connected
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 0.34
  • Lot Size Area: 0.34
  • Lot Dimensions: 75x200
  • Lot Size Sq Ft: 14810.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2200.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2021
Sold by
Jeska Eric and Jeska Cynthia Sue
Bought by
Beno Jared
Current Estimated Value
$272,000

Purchase Details

Closed on
Apr 24, 2015
Sold by
Beno Jared and Beno Rudolf
Bought by
Beno Jared

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 9, 2012
Closed on
Jan 31, 2013
Sold by
Fannie Mae
Bought by
Beno Jared and Beno Rudolf
Seller's Agent
Gail Mitchell
Advanced Real Estate Services
Buyer's Agent
Terrie Boven
RE/MAX of Kalamazoo
List Price
$78,600
Sold Price
$70,000
Premium/Discount to List
-$8,600
-10.94%

Purchase Details

Closed on
Apr 27, 2012
Sold by
Bank Of America Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 1, 2011
Sold by
Cook James Andrew and Cook Jacqueline S
Bought by
Bank Of America Na
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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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
Beno Jared $3,300 None Available
Beno Jared -- Devon Title Company
Beno Jared $70,000 Attorneys Title
Federal National Mortgage Association -- None Available
Bank Of America Na $146,723 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beno Jared $83,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2013 01/31/13 Sold $70,000 -10.9% $39 / Sq Ft
11/02/2012 11/02/12 Pending -- -- --
10/09/2012 10/09/12 For Sale $78,600 -- $44 / Sq Ft
Source: MichRIC

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
2022 $2,506 $0 $0 $0
2021 $2,506 $89,150 $0 $0
2020 $2,303 $77,300 $0 $0
2019 $2,303 $74,100 $0 $0
2018 $0 $65,984 $0 $0
2017 $0 $65,651 $0 $0
2016 -- $63,089 $0 $0
2015 -- $62,206 $0 $0
2014 -- $59,857 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2013

    Gail Mitchell

    Advanced Real Estate Services

  • S

    Seller Co-Listing Agent in 2013

    Sharon McFellin

    Advanced Real Estate Services

  • Terrie Boven

    Buyer's Agent in 2013

    Terrie Boven

    RE/MAX Michigan

    (269) 271-8038

    84 Total Sales

    Terrie Boven
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Map

Source: MichRIC

MLS Number: 12054776

MichRIC

APN: 02-36-176-600

Michigan Kalamazoo County Kalamazoo 49004

3967 Observation Ave, Kalamazoo, MI

Not Listed for Sale

Detached

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