NOT LISTED FOR SALE

502 Reed Ave Kalamazoo, MI 49001

Edison Neighborhood

Estimated Value: $80,000 - $119,398

3 Beds
1 Bath
874 Sq Ft
$117/Sq Ft Est. Value

Last Sold May 20, 2014

Last sale price $12,000 $14 Per Sq Ft

Est. 786% increase in value since last sale

Current estimated payment $652/month

20 Days on Market

Highlights

  • Cape Cod Architecture
  • 1 Car Garage
  • 3-minute walk to Reed Street Park
  • Forced Air Heating System

About This Home

As of May 2014

HUD HOMES SOLD AS IS. WWW.CITYSIDECORP.COM FOR BIDDING INFO. FHA 263-381614 FHA INSURABILITY CODE. LEAD BASED PAINT NOTICES. $1,250.00 COMM TO SELLING BRKR. ACCESS W/HUD KEY SHOW ANYTIME. NEW HOMES EACH DAY

Last Agent to Sell the Property

David Howard

CENTURY 21 C. Howard License #6504113599 Listed on: 04/08/2014

CENTURY 21 C. Howard

Last Buyer's Agent

George Henry

Advanced Realty Global License #6501351375

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1922

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 43 x 132

Parking

  • 1 Car Garage

Home Design

  • Cape Cod Architecture
  • Shingle Siding

Interior Spaces

  • 874 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating 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 1922

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Cape Cod
  • Stories: 2
  • Year Built: 1922
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 13.73
  • General Property Info:Lot Dimensions: 43 x 132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 874.0
  • General Property Info:Design: Cape Cod
  • Tax Info:Annual Property Tax: 1000.0
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 874.0
  • General Property Info Garage YN: Yes
  • Special Features: 5120
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 874.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 600.0

Exterior Features

  • Construction Materials: Shingle Siding
  • List Price: 12000.0
  • Waterfront: No
  • Exterior Material:Shingle Siding: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • Garage: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Dimensions: 43 x 132
  • Lot Size Sq Ft: 5663.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1000.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2014
Closed on
May 15, 2014
Sold by
Secretary Of Housing & Urban Development
Bought by
Recardo Emelda
Seller's Agent
David Howard
CENTURY 21 C. Howard
Buyer's Agent
George Henry
Advanced Realty Global
List Price
$12,000
Sold Price
$12,000
Current Estimated Value
$106,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,323
Avg. Annual Appreciation
20.26%

Purchase Details

Closed on
Oct 28, 2013
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Apr 18, 2013
Sold by
Haines Brandi and Witzke Max A
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Aug 31, 2005
Sold by
Panse Lucille L and Panse Jacob J
Bought by
Haines Brandi and Witzke Max A
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
Recardo Emelda $12,000 Devon Title Company
Secretary Of Housing & Urban Development -- None Available
Wells Fargo Bank Na $26,250 None Available
Haines Brandi $64,000 Chicago Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2014 05/20/14 Sold $12,000 0.0% $14 / Sq Ft
04/28/2014 04/28/14 Pending -- -- --
04/08/2014 04/08/14 For Sale $12,000 -- $14 / 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
2025 $1,114 $40,900 $0 $0
2024 $622 $32,900 $0 $0
2023 $593 $29,600 $0 $0
2022 $1,010 $25,600 $0 $0
2021 $977 $24,600 $0 $0
2020 $957 $22,200 $0 $0
2019 $912 $19,000 $0 $0
2018 $891 $18,000 $0 $0
2017 $874 $18,400 $0 $0
2016 $874 $17,800 $0 $0
2015 $874 $17,500 $0 $0
2014 $874 $16,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Howard

    Seller's Agent in 2014

    David Howard

    CENTURY 21 C. Howard

    (269) 207-4228

    12 in this area

    163 Total Sales

    David Howard
    Section Image

  • G

    Buyer's Agent in 2014

    George Henry

    Advanced Realty Global

    Section Image
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Map

Source: MichRIC

MLS Number: 14016119

MichRIC

APN: 06-27-225-030

Michigan Kalamazoo County Kalamazoo 49001 Edison

502 Reed Ave, Kalamazoo, MI

Not Listed for Sale

Detached

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MichRIC Information is deemed reliable but not guaranteed.
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