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Parchment 49004 Parchment
1209 Parchmount
$112,000
● House - Off Market

1209 Parchmount

Parchment, MI 49004
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,720 Ft²
$182,729
RealtyHop Estimate
54.85%
Since Apr 1, 2018
National-US
Primary Model

About This Property

On Parchmount Avenue, Parchment, sits this charming family home.  Concrete driveway leads to a detached two car garage with a single stall on the side.  The main floor of this home has a spacious kitchen which includes updated fridge, stove and microwave.  Adjacent is an open concept living room.  Down a hall is the master bedroom, a bathroom and second bedroom.  Upstairs are two bedrooms with a connecting shared closet. The full basement is a large finished area awaiting updates but great for multiple uses.  Washer and dryer stay, deep freeze is reserved.
Unit Size
1,720 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$69
Property Type
House
Property Taxes
$190
HOA Dues
-
Year Built
1940

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MichRIC MLS #18005049)

Price History

Date / Event Date Event Price
Apr 5, 2018 Sold
Premium
Sold
Feb 13, 2018 Listed by CENTURY 21 C. Howard $118,000
Listed by CENTURY 21 C. Howard
Jul 30, 2017 Listed by CENTURY 21 C. Howard $117,000
Listed by CENTURY 21 C. Howard
Aug 16, 2010 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 780
  • Garage Type: 7
  • Garage Square Area: 640
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,038
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,170
  • Building Area: 1,170
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,170
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAT OF PARCHMOUNT
  • Land Acres: 0000000460
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: PARCHMOUNT LOT 130

Neighborhood

  • School District Name: Parchment School District
  • School Tax School District: PARCHMENT
  • Census Tract: 001300

Zoning

  • Zoning: R-A RES

Geography

  • District: 18
  • Parcel: 06-02-260-750
  • Lot: 130
  • Municipality: PARCHMENT CITY
  • Latitude: 42.328
  • Longitude: -85.5528

    Address

  • Full Address: 1209 Parchmount Ave
  • Address - House Number: 1209
  • Address - Street Name: Parchmount
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Kalamazoo
  • Carrier Code: C001
  • 4-Digit Zip Code: 1742
  • Zip Code: 49004

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $287,014

    Appraisal Valuation

  • Standard Deviation: 0.225
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 68
  • Final Value: 206,638
  • High Value: 253,150
  • Low Value: 160,126

    Market Valuation

  • Market Total Value: $147,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $73,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 30, 2018
  • Current Sale Recording Date: Apr 05, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018-009849
  • Previous Sale Recording Date: Aug 16, 2010
  • Previous Sale Contract Date: Aug 11, 2010
  • Previous Sale Amount: $97,500
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Parchment

Stats & Trends

Median Asking:

$240,000

Sale Price/ft²

$137

Below Asking

0.02%

Average Days on Market

71

Average Home Size

1248 ft²

Average Home Age

78.9 years

Currently For Sale

8 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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MichRIC

Listed by: Reuben C Mishler, CENTURY 21 C. Howard
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 18005049
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1209 Parchmount Avenue built and last sold?
The property at 1209 Parchmount Avenue was built in 1940 and last sold on Mar 30, 2018 for $112,000.
How much is this home worth?
The estimated value of the home located at 1209 Parchmount Avenue is $118,855.
What are some comparable homes to 1209 Parchmount Avenue?
There are currently no comparable homes to 1209 Parchmount Avenue.
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