$275,000
SOLD SEP 16, 2024

8497 Douglas Ave Kalamazoo, MI 49009

-- Bed
-- Bath
-- Sq Ft
1 Acres

Recently Sold

21% Below List Price

145 Days on Market

Highlights

  • 1 Fireplace
  • High Speed Internet
  • Level Lot
  • Forced Air Heating System

About This Home

As of September 2024

Wonderful investment opportunity in Cooper township, Plainwell Schools. Three large units on one acre in a beautiful country setting. Just minutes from Plainwell and Kalamazoo. Many updates such as a new roof, water heaters, new bathroom fixtures, flooring, appliances and a water filtration system. Two of the units have newer gas furnaces. (New in 2023 and 2019) Unit 2 has hook ups for washer and dryer. Unit 3 includes washer and dryer that are 4-5 years old. The basement has a separate entrance with a cement floor. Furnaces and water heaters are located in the basement. Each unit has its own gas and electric meter. Tenants pay all utilities except lawn care and snow removal. All tenants have 1 year leases currently managed by a property manager.

Last Agent to Sell the Property

Susan Roys

Century 21 White House Realty License #6501393233 Listed on: 03/15/2024

Century 21 White House Realty

Last Buyer's Agent

Madison Jaqua

Jaqua, REALTORS License #6501418359

Jaqua, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,260

Year Built

  • Built in 1900

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 132 x 330
  • Level Lot

Home Design

  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1 Fireplace
  • Partial Basement

Parking

  • 6 Parking Spaces
  • Gravel Driveway

Location

  • Mineral Rights Excluded

Schools

  • Cooper Elementary School
  • Plainwell High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for electric, trash collection, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,260

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 132 x 330
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 4260.15
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Substructure:Partial: Yes
  • Lot Description:Level: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Driveway:Gravel: Yes
  • Mineral Rights:No: Yes
  • General Property Info Elementary School2: Cooper
  • General Property Info High School: Plainwell
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Partial
  • Basement: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 299900.0
  • Lot Features: Level
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel
  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: See Remarks
  • Sewer: Septic System
  • Utilities: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected, Broadband
  • Water Well: Yes

Schools

  • Elementary School: Cooper
  • High School: Plainwell

Lot Info

  • Lot Size Acres: 1.0
  • Lot Size Area: 1.0
  • Lot Dimensions: 132 x 330
  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: None
  • Tenant Pays: Electric, Trash Collection, Gas

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 4260.15
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2024
Closed on
Sep 25, 2024
Sold by
Roys Property Management Llc
Bought by
Maddog Property Ventures Llc
Seller's Agent
Susan Roys
Century 21 White House Realty
Buyer's Agent
Madison Jaqua
Jaqua, REALTORS
List Price
$350,000
Sold Price
$275,000
Premium/Discount to List
-$75,000
-21.43%
Views
124
Current Estimated Value
$314,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,258
Avg. Annual Appreciation
6.43%
Original Mortgage
$206,250
Outstanding Balance
$179,403
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$112,002

Purchase Details

Listed on
Jun 3, 2016
Closed on
Aug 3, 2016
Sold by
Roys John L and Roys Susan L
Bought by
Roys Property Management Llc
Seller's Agent
Denise Atwood
Berkshire Hathaway HomeServices MI
Buyer's Agent
Susan Roys
Leading Edge Realty LLC
List Price
$129,900
Sold Price
$129,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.66%
Original Mortgage
$97,425
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2005
Sold by
Cutshaw Richard S and Cutshaw Ii Richard S
Bought by
Andy Lee Sparks Trust

Purchase Details

Closed on
Nov 1, 2002
Sold by
Cutshaw Fay and Cutshaw Richard S
Bought by
Cutshaw Richard S and Cutshaw Ii Richard S
Source: Public Records

Similar Home in Kalamazoo, MI

  • 717 W Kalamazoo Ave, Kalamazoo, MI 49007

    $329,000

    • 9 Beds
    • 6 Baths
    • 3,223 Sq Ft
    • 717 W Kalamazoo Ave
    • Kalamazoo, MI

    Nice historic houses in desired Stuart neighborhood. The property has two houses. Larger front house has two apartments. Back house is one apartment by itself. All three apartments have 3 bedrooms and 1 bathroom. Total 9 bedrooms and 3 bathrooms. Total 3223 sqft. Each unit has its own utility meters - tenants pay gas and electric. Kalamazoo city rental Certified through 1/30/2027.

    Jonathan Minerick HomeCoin.com

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Warranty Deed -- Verified Title
Interfamily Deed Transfer -- Best Homes Title Plainfield
Warranty Deed $129,900 Best Homes Title Plainfield
Warranty Deed $125,000 Devon Title
Interfamily Deed Transfer -- Devon
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $206,250 New Conventional
Previous Owner $97,425 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2024 09/16/24 Sold $275,000 -8.3% --
08/07/2024 08/07/24 Pending -- -- --
07/15/2024 07/15/24 Price Changed $299,900 -4.8% --
06/20/2024 06/20/24 Price Changed $314,900 -3.4% --
05/16/2024 05/16/24 Price Changed $325,900 -2.4% --
04/19/2024 04/19/24 Price Changed $333,900 -1.5% --
04/11/2024 04/11/24 Price Changed $338,900 -3.2% --
03/15/2024 03/15/24 For Sale $350,000 +169.4% --
08/03/2016 08/03/16 Sold $129,900 0.0% --
06/18/2016 06/18/16 Pending -- -- --
06/03/2016 06/03/16 For Sale $129,900 -- --
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 $921 $133,850 $0 $0
2024 $921 $108,250 $0 $0
2023 $878 $94,700 $0 $0
2022 $4,166 $92,850 $0 $0
2021 $4,038 $85,700 $0 $0
2020 $3,926 $86,250 $0 $0
2019 $3,554 $74,350 $0 $0
2018 $0 $71,229 $0 $0
2017 $0 $72,685 $0 $0
2016 -- $59,948 $0 $0
2015 -- $60,101 $0 $0
2014 -- $61,328 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24012520

Southwestern Michigan Association of REALTORS®

APN: 02-17-426-020