NOT LISTED FOR SALE

8131 Ravine Rd Kalamazoo, MI 49009

Estimated Value: $298,000 - $333,042

4 Beds
1 Bath
-- Sq Ft
1.46 Acres

Last Sold July 19, 2017

Last sale price $173,500

Est. 79% increase in value since last sale

Current estimated payment $1,945/month

5 Days on Market

Highlights

  • Wooded Lot
  • Forced Air Heating and Cooling System
  • Level Lot
  • Otsego High School Rated 9+
  • High Speed Internet

About This Home

As of July 2017

Very well maintained Duplex in a great country setting with easy access to 131. Each side offers over 1100 sqft, and a very open concept Kitchen, Dining, Living area. Large bedrooms with great closet space. Plaster walls throughout, updated fixtures, ceramic tile and newer appliances. Vinyl siding done in 2013, new replacement windows in 2011, new well in 2013. Large basement, two car garage for each unit and a large deck. Sitting on an acre and a half. Rental units have a good occupancy history. Don't pass up this great investment opportunity.

Last Agent to Sell the Property

Steve Jones

Berkshire Hathaway HomeServices MI License #6501337183 Listed on: 05/30/2017

Berkshire Hathaway HomeServices MI

Last Buyer's Agent

William Evenboer

Evenboer Walton, REALTORS License #6502128196

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,107

Year Built

  • Built in 1988

Lot Details

  • 1.46 Acre Lot
  • Lot Dimensions are 240x264
  • Level Lot
  • Wooded Lot

Home Design

  • Composition Roof
  • Vinyl Siding

Parking

  • 2 Parking Spaces
  • Unpaved Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • Well
  • Septic System
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Additional Features

  • Basement Fills Entire Space Under The House
  • Mineral Rights Excluded

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,107

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1988
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 240x264
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3107.0
  • 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
  • Sewer:Septic System: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Lot Description:Level: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Mineral Rights:No: Yes
  • Extras:Sep Gas Meter: Yes
  • Driveway:Shared Unpaved: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 175900.0
  • Lot Features: Wooded
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0
  • Unit 1:Garage4: Yes
  • Unit 2:Garage5: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Sewer: Septic System
  • Utilities: Natural Gas Connected, Telephone Line, Public Water, Public Sewer, Cable Connected, Broadband
  • Water Source: Well, Public
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 1.46
  • Lot Size Area: 1.46
  • Lot Size Sq Ft: 63597.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3107.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2017
Closed on
Jul 19, 2017
Sold by
Vanatter Michael K and Vanatter Linda M
Bought by
White Ross
Seller's Agent
Steve Jones
Berkshire Hathaway HomeServices MI
Buyer's Agent
William Evenboer
Evenboer Walton, REALTORS
List Price
$175,900
Sold Price
$173,500
Premium/Discount to List
-$2,400
-1.36%
Current Estimated Value
$310,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,011
Avg. Annual Appreciation
7.33%
Original Mortgage
$167,709
Outstanding Balance
$139,414
Interest Rate
3.91%
Mortgage Type
FHA
Estimated Equity
$171,097

Purchase Details

Closed on
Nov 13, 2008
Sold by
Rankin Michelle and Rankin Mark
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jul 15, 2005
Sold by
Rankin John W and Rankin Genevieve R
Bought by
Rankin Mark and Rankin Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,050
Interest Rate
8.05%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 12, 2003
Sold by
Rankin John W and Rankin Genevieve R
Bought by
Rankin Timothy W and Rankin Melanie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.04%
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
White Ross $173,500 Devon Title Company
Deutsche Bank National Trust Company $179,260 None Available
Rankin Mark $153,000 Metropolitan Title
Rankin Timothy W $32,000 Devon
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Ross $167,709
Previous Owner Rankin Mark $130,050
Previous Owner Rankin Timothy W $128,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2017 07/19/17 Sold $173,500 -1.4% --
06/04/2017 06/04/17 Pending -- -- --
05/30/2017 05/30/17 For Sale $175,900 -- --
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 $3,573 $141,600 $0 $0
2024 $831 $139,100 $0 $0
2023 $831 $115,800 $0 $0
2022 $831 $103,200 $0 $0
2021 $831 $100,200 $0 $0
2020 $2,238 $101,000 $0 $0
2019 $2,974 $81,200 $0 $0
2018 $0 $78,700 $0 $0
2017 $0 $78,700 $0 $0
2016 -- $72,300 $0 $0
2015 -- $71,600 $0 $0
2014 -- $68,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17025346

Southwestern Michigan Association of REALTORS®

APN: 01-14-376-050