NOT LISTED FOR SALE

5395 Kalamazoo Ave SE Unit 2 Kentwood, MI 49508

Ridgebrook Neighborhood

Estimated Value: $385,000 - $460,000

-- Bed
4 Baths
-- Sq Ft
0.47 Acres

Last Sold January 15, 2014

Last sale price $185,000

Est. 121% increase in value since last sale

Current estimated payment $2,458/month

1,162 Days on Market

Highlights

  • Wooded Lot
  • 1 Fireplace
  • 6 Car Garage
  • East Kentwood High School Rated A-
  • Forced Air Heating and Cooling System
  • Laundry Facilities

About This Home

As of January 2014

Wow! What A Beautiful Executive Duplex, 1,442 Sq. Ft. Per Side, 3 Br's 2 Ba's, W/ Center Island & MFU Hook-up's, & Pantry In Kitchen Area, Along With A 2nd Hook-Up In Lower Level. Underground Sprinkling, Woods In Back With 216' Deep Lot. Great Opportunity, Call Paul 291-5789 For A Showing.

Last Agent to Sell the Property

Paul Williams

Five Star Real Estate (M6) License #6501246115 Listed on: 10/06/2010

Five Star Real Estate (M6)

Last Buyer's Agent

Paul Williams

Five Star Real Estate (M6) License #6501246115 Listed on: 10/06/2010

Five Star Real Estate (M6)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,329

Year Built

  • Built in 1992

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 95' x 216'
  • Level Lot
  • Wooded Lot

Parking

  • 6 Car Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Natural lighting in basement

Location

  • Mineral Rights Excluded

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric, trash collection, gas
  • The owner pays for water

Community Details

Building Details

  • Insurance Expense $750
  • Maintenance Expense $1,000
  • Manager Expense $2,880
  • Utility Expense $800
  • Operating Expense $5,430
  • Gross Income $28,800
  • Net Operating Income $23,370

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,329

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1992
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 95' x 216'
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3329.0
  • Tax Info:Zoning3: R2
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • Lot Description:Wooded: Yes
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Lot Description:Level: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Mineral Rights:No: Yes
  • Substructure:Daylight: Yes
  • Extras:Laundry Facility: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Daylight
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding, Brick
  • List Price: 199900.0
  • Lot Features: Level, Sidewalk, Wooded
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Driveway Paved: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas, None
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: None Available, Phone Connected, Natural Gas Connected, Electric Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.47
  • Lot Size Area: 0.47
  • Lot Dimensions: 95' x 216'
  • Lot Size Sq Ft: 20473.0
  • Zoning Description: R2
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electric, Trash Collection, Gas

Multi Family

  • Gross Income: 28800.0
  • Insurance Expense: 750.0
  • Maintenance Expense: 1000.0
  • Manager Expense: 2880.0
  • Net Operating Income: 23370.0
  • Number of Units Total: 2
  • Operating Expense: 5430.0

Tax Info

  • Tax Annual Amount: 3329.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2015
Sold by
Godwin Joseph H and Godwin Elizabeth A
Bought by
Harris Vonetta D
Current Estimated Value
$408,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,712
Outstanding Balance
$141,887
Interest Rate
3.82%
Mortgage Type
FHA
Estimated Equity
$258,943

Purchase Details

Listed on
Oct 6, 2010
Closed on
Jan 15, 2014
Sold by
Godwin Joseph H
Bought by
Harris Vonetta
Seller's Agent
Paul Williams
Five Star Real Estate (M6)
Buyer's Agent
Paul Williams
Five Star Real Estate (M6)
List Price
$229,900
Sold Price
$185,000
Premium/Discount to List
-$44,900
-19.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.83%

Purchase Details

Closed on
Oct 14, 2002
Sold by
Keizer Garry and Keizer Sandra
Bought by
Godwin Joseph H and Godwin Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage
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
Harris Vonetta D $185,000 None Available
Harris Vonetta -- None Available
Godwin Joseph H $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Vonetta D $181,712
Previous Owner Godwin Joseph H $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2014 01/15/14 Sold $185,000 -19.5% --
12/11/2013 12/11/13 Pending -- -- --
10/06/2010 10/06/10 For Sale $229,900 -- --
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 $3,514 $178,800 $0 $0
2024 $3,514 $162,500 $0 $0
2023 $4,071 $162,500 $0 $0
2022 $3,841 $102,900 $0 $0
2021 $3,755 $86,700 $0 $0
2020 $2,871 $82,300 $0 $0
2019 $3,663 $82,300 $0 $0
2018 $4,231 $82,300 $0 $0
2017 $3,494 $77,800 $0 $0
2016 $3,399 $73,200 $0 $0
2015 $3,301 $73,200 $0 $0
2013 -- $65,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2014

    Paul Williams

    Five Star Real Estate (M6)

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 10048649

Southwestern Michigan Association of REALTORS®

APN: 41-18-32-229-037

Michigan Kent County Kentwood 49508 Ridgebrook

5395 Kalamazoo Ave SE Unit 2, Kentwood, MI

This home is located at 5395 Kalamazoo Ave SE Unit 2, Kentwood, MI 49508 since 06 October 2010 and is currently estimated at $408,262. This property was built in 1992. 5395 Kalamazoo Ave SE Unit 2 is a home located in Kent County with nearby schools including Brookwood Elementary School, Valleywood Middle School, and East Kentwood High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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