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Westwood 49006 Westwood
2819 Olney Road
$195,000
● House - Off Market

2819 Olney Road

Kalamazoo, MI 49006
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,764 Ft²
$197,672
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Perfectly situated in the Westwood Neighborhood is this well maintained ranch home that features

3 bedrooms, 1 1/2 baths with an attached two car garage.  This home has been lovingly cared for by the same family for over 30 years.  Some of the home's features include an updated kitchen with an eat-in area, dining room, corner wood burning fireplace, full basement and many other wonderful features.  Mechanicals have been updated.  Outside you'll find a fenced in yard, nice patio area, a perfect spot for a veggie garden and a nice shed on a cement foundation.
Unit Size
1,764 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$111
Property Type
House
Property Taxes
$283
HOA Dues
-
Year Built
1960

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #22008030)

Price History

Date / Event Date Event Price
May 2, 2022 Sold
Premium
Sold
Mar 14, 2022 Listed by RE/MAX of Kalamazoo $195,000
Listed by RE/MAX of Kalamazoo

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,176
  • Garage Type: 7
  • Garage Square Area: 396
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,246
  • Lot Size Frontage Feet: 770
  • Total Building Area: 1,176
  • Building Area: 1,176
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,176
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HYBELS SUBDIVISION
  • Land Acres: 0000000350
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: 3146820 3906 17 160 120 HYBELS SUBDIVISION LOT 12

Neighborhood

  • School District Name: Kalamazoo Public School District
  • School Tax School District: KALAMAZOO
  • Census Tract: 001503

Zoning

  • Zoning: R-2

Geography

  • District: 6
  • Parcel: 06-17-160-120
  • Lot: 12
  • Municipality: KALAMAZOO TWP
  • Latitude: 42.298
  • Longitude: -85.6246

    Address

  • Full Address: 2819 Olney Rd
  • Address - House Number: 2819
  • Address - Street Name: Olney
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Kalamazoo
  • Carrier Code: C009
  • 4-Digit Zip Code: 2949
  • Zip Code: 49006

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $105,984

    Appraisal Valuation

  • Standard Deviation: 0.2191
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 215,530
  • High Value: 262,773
  • Low Value: 168,287

    Market Valuation

  • Market Total Value: $197,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $98,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 15, 2022
  • Current Sale Recording Date: May 02, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 15272
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 Westwood

Stats & Trends

Median Asking:

$250,000

Sale Price/ft²

$162

Below Asking

0.02%

Average Days on Market

52

Average Home Size

1473 ft²

Average Home Age

70.5 years

Currently For Sale

31 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

Unit for rent at 915 Walwood Place, Kalamazoo, MI, 49007

$1,400 /mo

  • 3 Beds
  • 1 Bath
  • 1,720 ft²
915 Walwood Place, Kalamazoo, MI, 49007 Listing by Marissa Harrington

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Kim Williams, RE/MAX of Kalamazoo
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 22008030
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 2819 Olney Road built and last sold?
The property at 2819 Olney Road was built in 1960 and last sold on Apr 15, 2022 for $195,000.
How much is this home worth?
The estimated value of the home located at 2819 Olney Road is $201,942.
What are some comparable homes to 2819 Olney Road?
There are currently no comparable homes to 2819 Olney Road.
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