NOT LISTED FOR SALE

5181 Texas Dr Kalamazoo, MI 49009

Estimated Value: $339,000 - $493,260

3 Beds
2.5 Baths
2,183 Sq Ft
$183/Sq Ft Est. Value

Last Sold August 28, 2013

Last sale price $159,000 $73 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $2,406/month

25 Days on Market

Highlights

  • Barn
  • 11.18 Acre Lot
  • 2 Car Attached Garage
  • 12th Street Elementary School Rated A-
  • Fenced Yard
  • Forced Air Heating and Cooling System

About This Home

As of August 2013

MUTLIPLE OFFER SITUATION. HIGHEST AND BEST OFFERS MUST BE IN BY 5PM ON THURSDAY 7/25/13 AT 5PM HIGHEST AND BEST MUST BE WRITTEN IN UPPER RIGHT SIDE OF OFFER TO BE CONSIDERED AND SUBMITTED PER THE AGENT INSTRUCTIONS IN MLS 5181 Texas Dr Kalamazoo MI 49009 $154,500 This home has 11.18 acres and large red barn in Texas Township. 3 bedroom 2 1/2 bath with another room for office, 2 car attached garage and main floor laundry area. Home has new roof, new interior paint, new kitchen appliances and new floor coverings. Buyer should obtain free prequal letter from Stephany Rose at Wells Fargo Home Mortgage 269-323-8161 NMLSR ID 400569. Buyers also have the option to provide proof of other credit decision financing or a NACA Qualification letter. Seller is selling the property AS IS. Buyer to veri fy all data. Clients may see all data and schedule showings at www.REOmamma.com or call Richard Stewart 269-345-7000 REO Specialists llc AGENTS please follow instructions in MLS

Last Agent to Sell the Property

Richard Stewart

REO Specialists, L.L.C. License #6502431179 Listed on: 07/15/2013

Last Buyer's Agent

Jerry Slater

RE/MAX Advantage License #6501372659

RE/MAX Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,012

Year Built

  • Built in 1950

Lot Details

  • 11.18 Acre Lot
  • Fenced Yard
  • Property is zoned R-2 per tax rec, R-2 per tax rec

Parking

  • 2 Car Attached Garage
  • Unpaved Driveway

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,183 Sq Ft Home
  • 1-Story Property
  • Partial Basement

Kitchen

  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Farming

  • Barn

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,012

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1950
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 1
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2183.0
  • General Property Info:Design: Ranch
  • Tax Info:Annual Property Tax: 2012.0
  • Tax Info:Zoning3: R-2 per tax rec
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Refrigerators: Yes
  • Heat Source:Natural Gas3: Yes
  • Substructure:Partial: Yes
  • Water:Public2: Yes
  • Driveway:Unpaved: Yes
  • General Property Info:Fireplace: No
  • Sale Conditions:REOBank Owned: Yes
  • Outbuildings:Barn: Yes
  • General Property Info:SqFt Above Grade: 2183.0
  • General Property Info Garage YN: Yes
  • Special Features: 5120
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Oven, Dishwasher
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Partial
  • LivingArea: 2183.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Total Basement SQFT: 945.0
  • Appliances:Oven: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Brick, Wood Siding
  • Exterior Features: Fenced Back
  • List Price: 154500.0
  • Other Structures: Barn(s)
  • Road Surface Type: Paved
  • Waterfront: No
  • Exterior Material:Wood Siding: Yes
  • Exterior Features:Fenced Back: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • 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
  • Water Source: Public

Lot Info

  • Lot Size Acres: 11.18
  • Lot Size Area: 11.18
  • Lot Dimensions: 1
  • Lot Size Sq Ft: 487001.0
  • Zoning Description: R-2 per tax rec
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2012.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2013
Closed on
Aug 28, 2013
Sold by
Stinson Aaron and Stinson Ed
Bought by
Stinson Aaron and Stinson Edward R
Seller's Agent
Richard Stewart
REO Specialists, L.L.C.
Buyer's Agent
Jerry Slater
RE/MAX Advantage
List Price
$154,500
Sold Price
$159,000
Premium/Discount to List
$4,500
2.91%
Current Estimated Value
$414,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,739
Avg. Annual Appreciation
7.83%

Purchase Details

Listed on
Jul 15, 2013
Closed on
Aug 22, 2013
Sold by
Us Bank National Association
Bought by
Stinson Aaron and Stinson Ed
Seller's Agent
Richard Stewart
REO Specialists, L.L.C.
Buyer's Agent
Jerry Slater
RE/MAX Advantage
List Price
$154,500
Sold Price
$159,000
Premium/Discount to List
$4,500
2.91%

Purchase Details

Closed on
Jun 30, 2011
Sold by
Kettlehut Thomas R
Bought by
Us Bank National Association
Source: Public Records

Range of Values:

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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
Stinson Aaron -- None Available
Stinson Aaron $159,000 Servicelink
Us Bank National Association $131,750 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kettlehut Thomas R $216,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2013 08/28/13 Sold $159,000 +2.9% $73 / Sq Ft
08/09/2013 08/09/13 Pending -- -- --
07/15/2013 07/15/13 For Sale $154,500 -- $71 / 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 $1,620 $203,100 $0 $0
2024 $1,620 $213,900 $0 $0
2023 $1,216 $160,400 $0 $0
2022 $3,954 $150,300 $0 $0
2021 $3,841 $146,900 $0 $0
2020 $3,753 $147,500 $0 $0
2019 $3,426 $134,000 $0 $0
2018 $2,129 $125,600 $0 $0
2017 -- $126,300 $0 $0
2016 -- $125,200 $0 $0
2015 -- $94,000 $28,100 $65,900
2014 -- $94,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13041446

Southwestern Michigan Association of REALTORS®

APN: 09-12-226-070