NOT LISTED FOR SALE

5401 Mount Olivet Rd Kalamazoo, MI 49004

Estimated Value: $232,000 - $262,000

3 Beds
1.5 Baths
2,128 Sq Ft
$118/Sq Ft Est. Value

Last Sold April 28, 2015

Last sale price $92,800 $44 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $1,428/month

84 Days on Market

Highlights

  • Fruit Trees
  • 2 Car Attached Garage
  • Forced Air Heating System
  • Corner Lot: Yes
  • Patio
  • 2-minute walk to Spring Valley Park

About This Home

As of April 2015

Get inside this huge all brick ranch located on over 1/2 acre corner lot and see the value! A little bit of updating will go a long way toward making this diamond shine. This home has had only a single owner since 1966 and it shows in the way the home has been super well maintained and cared for. Features include several cement patio areas, small storage barn with loft, apple trees on property, kitchen with built-in oven and cooktop, newer roof, updated electrical, laminate floor in kitchen, hardwood floors in most rooms under carpet, main floor laundry, replacement windows, and so much more! This home is ready for immediate occupancy and has been priced to sell, so call today and make your appointment!

Last Agent to Sell the Property

Scott Myhre

Leading Edge Realty LLC License #6502373581 Listed on: 01/05/2015

Last Buyer's Agent

Thomas Doezema

Time Line, REALTORS License #6501368140

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,450

Year Built

  • Built in 1956

Lot Details

  • 0.61 Acre Lot
  • Lot Dimensions are 100 x 265
  • Corner Lot: Yes
  • Fruit Trees

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 2,128 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Outdoor Features

  • Patio

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,450

Year Built

Built in 1956

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: 1956
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 100 x 265
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2128.0
  • Tax Info:Annual Property Tax: 1450.0
  • Tax Info:Zoning3: res
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Lot Description:Corner Lot: Yes
  • Landscape:Fruit Trees: Yes
  • General Property Info:SqFt Above Grade: 1528.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 2128.0
  • General Property Info:Stories2: 1.0

Exterior Features

  • Construction Materials: Brick
  • List Price: 91800.0
  • Lot Features: Corner Lot
  • Patio and Porch Features: Patio
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Brick: Yes
  • Patio And Porch Features:Patio: 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

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Natural Gas Connected
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 0.61
  • Lot Size Area: 0.61
  • Lot Dimensions: 100 x 265
  • Lot Size Sq Ft: 26572.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1450.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2015
Closed on
Apr 25, 2015
Sold by
Esttae Of Phyllis E Shoemaker
Bought by
Brockmeyer Zachary A and Brockmeyer Kristen A
Seller's Agent
Scott Myhre
Leading Edge Realty LLC
Buyer's Agent
Thomas Doezema
Time Line, REALTORS
List Price
$104,800
Sold Price
$92,800
Premium/Discount to List
-$12,000
-11.45%
Current Estimated Value
$251,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,357
Avg. Annual Appreciation
9.87%
Original Mortgage
$90,016
Outstanding Balance
$69,745
Interest Rate
3.68%
Mortgage Type
New Conventional
Estimated Equity
$175,643
Source: Public Records

Range of Values:

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Average Value
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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
Brockmeyer Zachary A $92,800 Devon Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brockmeyer Zachary A $90,016
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2015 04/28/15 Sold $92,800 -11.5% $44 / Sq Ft
03/30/2015 03/30/15 Pending -- -- --
01/05/2015 01/05/15 For Sale $104,800 -- $49 / 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 $710 $102,950 $0 $0
2024 $710 $96,900 $0 $0
2023 $677 $84,300 $0 $0
2022 $2,247 $77,000 $0 $0
2021 $2,199 $71,350 $0 $0
2020 $2,146 $61,200 $0 $0
2019 $2,020 $58,300 $0 $0
2018 $0 $56,638 $0 $0
2017 $0 $55,727 $0 $0
2016 -- $53,356 $0 $0
2015 -- $52,837 $0 $0
2014 -- $46,435 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15000330

Southwestern Michigan Association of REALTORS®

APN: 02-36-303-110