$55,000
SOLD APR 11, 2025

5273 Wayne Ave Kalamazoo, MI 49004

2 Beds
1 Bath
720 Sq Ft
0.4 Acres

Recently Sold

$76 Per Sq Ft

176% Above List Price

18 Days on Market

Highlights

  • 1 Car Detached Garage
  • Forced Air Heating System
  • 1-Story Property
  • Storm Windows
  • Replacement Windows

About This Home

As of April 2025

MULTIPLE OFFERS: The seller has received multiple offers. Please submit your buyers highest and best offer not later than Wednesday, November 27, 2024, 12 p.m. On the offer please also indicate this is your buyers highest and best offer. Also, is your buyer an investor or owner occupant? NEW LISTING Presented by TEAM POWERS. 2 bed, 1 bath ranch home in Parchment School District. The home features: hardwood floors throughout the main floor, full bath, kitchen, full basement, large yard, and 1 car detached garage. NOTE: SHOWINGS ARE NOT ALLOWED. PLEASE SEE PHOTOS OF INTERIOR. The home had significant water in the basement causing a mold issue throughout the home. The property is going to need extensive rehabilitation to cure. The price reflects the condition. There is a lot of room to create value and a great home, once again. Proof of funds required with all offers. Minimum EMD of 10%. The home is being sold in AS-IS condition, seller will not complete any repairs or inspections. All purchases are subject to Seller approval and Seller Addendums. For more information call Linda Powers at 269-209-4136, linda.teampowers@gmail.com, www.linda.powers@exprealty.com, #LINDALISTENS

Last Agent to Sell the Property

Linda Powers

EXP Realty License #6501313418 Listed on: 11/18/2024

EXP Realty

Last Buyer's Agent

Wayne Stegeman

Century 21 Affiliated License #6501276929

Century 21 Affiliated

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 160 x 164

Parking

  • 1 Car Detached Garage
  • Unpaved Driveway

Home Design

  • Composition Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Replacement Windows
  • Window Screens
  • Storm Windows
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

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 1955

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1955
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 160 x 164
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 720.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 2744.15
  • Tax Info:Zoning3: Residential
  • Waterfront Options:Water Access YN: No
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Windows:Replacement: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Driveway:Unpaved: Yes
  • Windows:Screens: Yes
  • General Property Info:Fireplace: No
  • Sale Conditions:REOBank Owned: Yes
  • Windows:Storms: Yes
  • Roofing:Asphalt2: Yes
  • General Property Info:SqFt Above Grade: 720.0
  • Laundry Features In Basement: Yes
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 720.0
  • Window Features: Storms, Screens, Replacement
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Total Basement SQFT: 720.0

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 19900.0
  • Road Surface Type: Paved
  • Roof: Asphalt, Composition
  • 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
  • Laundry Features: In Basement
  • Sewer: Public
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.4
  • Lot Size Area: 0.4
  • Lot Dimensions: 160 x 164
  • Lot Size Sq Ft: 17424.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2744.15
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2024
Closed on
Mar 20, 2025
Sold by
Discovery Mortgage Loan Trust and Wilmington Savings Fund Society Fsb
Bought by
Stegeman Wayne
Seller's Agent
Linda Powers
EXP Realty
Buyer's Agent
Wayne Stegeman
Century 21 Affiliated
List Price
$19,900
Sold Price
$55,000
Premium/Discount to List
$35,100
176.38%
Views
101
Current Estimated Value
$108,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,314
Avg. Annual Appreciation
366.57%

Purchase Details

Closed on
Jan 12, 2023
Sold by
Weaver Robert E
Bought by
Discovery Mortgage Loan Trust

Purchase Details

Listed on
Aug 25, 2020
Closed on
Oct 23, 2020
Sold by
Jasco Llc
Bought by
Rambadt Matthew R
Seller's Agent
Joe Goldsberry
Five Star Real Estate
Buyer's Agent
Amy Krumm
Five Star Real Estate
List Price
$99,900
Sold Price
$95,000
Premium/Discount to List
-$4,900
-4.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.71%
Original Mortgage
$98,384
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2014
Sold by
Estate Of Jeanine Youngs
Bought by
Jasco Llc
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Special Warranty Deed $55,000 Vylla Title
Sheriffs Deed $85,500 --
Warranty Deed $95,000 Ata National Title Group Llc
Warranty Deed $21,000 Attorneys Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,028 Stand Alone Second
Previous Owner $98,384 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2025 04/11/25 Sold $55,000 +176.4% $76 / Sq Ft
12/06/2024 12/06/24 Pending -- -- --
11/18/2024 11/18/24 For Sale $19,900 -79.1% $28 / Sq Ft
10/23/2020 10/23/20 Sold $95,000 -4.9% $132 / Sq Ft
08/28/2020 08/28/20 Pending -- -- --
08/25/2020 08/25/20 For Sale $99,900 +122.0% $139 / Sq Ft
12/05/2014 12/05/14 Sold $45,000 -9.8% $63 / Sq Ft
12/05/2014 12/05/14 Pending -- -- --
10/17/2014 10/17/14 For Sale $49,900 -- $69 / 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 $520 $24,150 $0 $0
2024 $520 $66,300 $0 $0
2023 $496 $55,800 $0 $0
2022 $1,660 $47,750 $0 $0
2021 $1,624 $42,550 $0 $0
2020 $979 $33,350 $0 $0
2019 $1,374 $29,400 $0 $0
2018 $0 $26,293 $0 $0
2017 $0 $26,391 $0 $0
2016 -- $25,113 $0 $0
2015 -- $23,561 $0 $0
2014 -- $19,368 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24059896

Southwestern Michigan Association of REALTORS®

APN: 02-35-352-090