NOT LISTED FOR SALE

551 Washburn Ave Kalamazoo, MI 49048

Estimated Value: $74,000 - $110,000

1 Bed
1 Bath
616 Sq Ft
$152/Sq Ft Est. Value

Last Sold July 13, 2021

Last sale price $42,000 $68 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $639/month

23 Days on Market

Highlights

  • Bungalow
  • Baseboard Heating
  • 1-Story Property

About This Home

As of July 2021

Bungalow style home with updated flooring, Kitchen and staircase! Possible 2nd bedroom up stairs in the loft area. Great for a children's play room. This home features large city lot with privacy fence. Don't miss this opportunity to own your first investment rental property.

Last Agent to Sell the Property

Troy McKenney

RE/MAX Executive Listed on: 06/27/2021

Co-Listed By

Brian McDonald

RE/MAX Executive License #6502426295

Last Buyer's Agent

Will Howson

Coldwell Banker Realty License #6501387256

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $682

Year Built

  • Built in 1925

Lot Details

  • 8,973 Sq Ft Lot
  • Lot Dimensions are 68x132

Parking

  • Unpaved Driveway

Home Design

  • Bungalow
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 616 Sq Ft Home
  • 1-Story Property
  • Laundry on main level

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Baseboard Heating
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$682

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 1
  • Year Built: 1925
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 68x132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 616.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 682.0
  • Tax Info:Zoning3: res
  • Roofing:Composition: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Refrigerators: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Driveway:Unpaved: Yes
  • Substructure:Slab: Yes
  • Heat Type:Baseboard: Yes
  • Water Heater:Electric3: Yes
  • General Property Info:SqFt Above Grade: 616.0
  • General Property Info Garage YN: No
  • Architectural Style Bungalow: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator
  • Fireplace: No
  • Total Bedrooms: 1
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Slab
  • LivingArea: 616.0
  • General Property Info:Stories2: 1.0

Exterior Features

  • Construction Materials: Block
  • List Price: 52000.0
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Garage: No

Utilities

  • Heating: Baseboard
  • Heating: Yes
  • Sewer: Public
  • Water Source: Public
  • Heat Source:Electric2: Yes

Lot Info

  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
  • Lot Dimensions: 68x132
  • Lot Size Sq Ft: 8973.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 682.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2021
Closed on
Jul 13, 2021
Sold by
Harker Amy L
Bought by
First Rentals Llc
Seller's Agent
Troy McKenney
RE/MAX Executive
Buyer's Agent
Will Howson
Coldwell Banker Realty
Sold Price
$42,000
Current Estimated Value
$93,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,806
Avg. Annual Appreciation
20.60%

Purchase Details

Listed on
Feb 12, 2020
Closed on
May 11, 2020
Sold by
Hammond Terrence Jay
Bought by
Harker Amy L
Seller's Agent
Brian McDonald
RE/MAX Executive
Buyer's Agent
John Brown
Northern Star Real Estate
List Price
$58,500
Sold Price
$35,000
Premium/Discount to List
-$23,500
-40.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.86%

Purchase Details

Closed on
Sep 21, 2005
Sold by
Fifth Third Bank
Bought by
Coleman David G

Purchase Details

Closed on
Aug 6, 2003
Sold by
Fifth Third Bank
Bought by
Coleman David G

Purchase Details

Closed on
Jul 2, 2003
Sold by
Coleman F Jean
Bought by
Fifth Third Bank
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 Buyer Sale Price Title Company
First Rentals Llc $42,000 Chicago Title
Harker Amy L $35,000 Chicago Title Of Mi Inc
Coleman David G -- Chicago Title
Coleman David G -- --
Fifth Third Bank -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/13/2021 07/13/21 Sold $42,000 -19.2% $68 / Sq Ft
06/29/2021 06/29/21 Pending -- -- --
06/27/2021 06/27/21 For Sale -- -- --
06/16/2021 06/16/21 Pending -- -- --
06/06/2021 06/06/21 For Sale $52,000 +48.6% $84 / Sq Ft
05/11/2020 05/11/20 Sold $35,000 -40.2% $57 / Sq Ft View Prior Sale
04/23/2020 04/23/20 Pending -- -- --
02/12/2020 02/12/20 For Sale $58,500 -- $95 / 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 $1,767 $33,000 $0 $0
2024 $252 $27,200 $0 $0
2023 $240 $23,200 $0 $0
2022 $1,608 $21,300 $0 $0
2021 $903 $15,800 $0 $0
2020 $682 $14,100 $0 $0
2019 $650 $12,500 $0 $0
2018 $632 $11,300 $0 $0
2017 $0 $11,300 $0 $0
2016 -- $11,000 $0 $0
2015 -- $10,800 $0 $0
2014 -- $11,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21021119

Southwestern Michigan Association of REALTORS®

APN: 06-13-105-430