NOT LISTED FOR SALE

907 Lum Ave Kalamazoo, MI 49048

Estimated Value: $141,000 - $199,998

3 Beds
1 Bath
1,473 Sq Ft
$115/Sq Ft Est. Value

Last Sold August 07, 2024

Last sale price $120,000 $81 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,070/month

9 Days on Market

Highlights

  • Traditional Architecture
  • 1 Car Attached Garage
  • 2-minute walk to Wilson Recreation Area
  • 1 Fireplace
  • Forced Air Heating System

About This Home

As of August 2024

OPEN HOUSE SUNDAY 4/28/24 3-4pm 907 Lum Ave Kalamazoo MI 49048 3 bedroom 1 bath home with attached 1 car garage Beautiful hardwood features, located across the street from park. HUD Homes Are Sold AS-IS With No Warranties. Equal housing Opportunity'' HUD Case# 263-397969
Insurability Code IE 203k Eligible For More Info. including Lead Based Paint Disclosures & Condition Report, Go To Hudhomestore.com or KMMRealty.com

Last Agent to Sell the Property

Richard Stewart

REO Specialists, L.L.C. License #6502431179 Listed on: 04/24/2024

Last Buyer's Agent

Colleen Willits

RE/MAX Lakeshore License #6501388603

RE/MAX Lakeshore

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,940

Year Built

  • Built in 1900

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 90 x 140

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Stucco

Interior Spaces

  • 1,473 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Michigan Basement
  • Laundry in Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,940

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1900
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 90 x 140
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1473.0
  • General Property Info:Main Level Primary: No
  • Tax Info:Annual Property Tax: 1939.86
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: Yes
  • Substructure:Michigan Basement: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1473.0
  • Laundry Features In Basement: Yes
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Michigan Basement
  • LivingArea: 1473.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 690.0

Exterior Features

  • Construction Materials: Stucco
  • List Price: 110000.0
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Stucco: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Attached
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: In Basement
  • Sewer: Public
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.29
  • Lot Size Area: 0.29
  • Lot Dimensions: 90 x 140
  • Lot Size Sq Ft: 12600.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1939.86
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2024
Closed on
Aug 5, 2024
Sold by
Secretary Of Housing And Urban Developme
Bought by
Meier Travis
Seller's Agent
Richard Stewart
REO Specialists, L.L.C.
Buyer's Agent
Colleen Willits
RE/MAX Lakeshore
List Price
$110,000
Sold Price
$120,000
Premium/Discount to List
$10,000
9.09%
Views
44
Current Estimated Value
$169,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,750
Avg. Annual Appreciation
34.17%
Original Mortgage
$129,069
Outstanding Balance
$127,631
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$42,119

Purchase Details

Closed on
Feb 7, 2024
Sold by
Larsen Ernest D
Bought by
Secretary/Housing & Urban Dev
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
Meier Travis $120,000 Chicago Title
Secretary/Housing & Urban Dev -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meier Travis $129,069
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2024 08/07/24 Sold $120,000 +9.1% $81 / Sq Ft
05/03/2024 05/03/24 Pending -- -- --
04/24/2024 04/24/24 For Sale $110,000 -- $75 / 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 $2,036 $88,500 $0 $0
2024 $389 $68,100 $0 $0
2023 $370 $54,000 $0 $0
2022 $1,852 $53,000 $0 $0
2021 $1,738 $47,700 $0 $0
2020 $1,710 $40,700 $0 $0
2019 $1,634 $35,300 $0 $0
2018 $1,593 $30,900 $0 $0
2017 $0 $30,900 $0 $0
2016 -- $29,800 $0 $0
2015 -- $29,100 $0 $0
2014 -- $29,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24019522

Southwestern Michigan Association of REALTORS®

APN: 06-13-122-060