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Kalamazoo 49009
9245 Douglas Avenue
$385,000
● House - Off Market

9245 Douglas Avenue

Kalamazoo, MI 49009
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,850 Ft²
$2,215
Est. Monthly
5.85%
Cap Rate

About This Property

2 Acres, Pole barn & Plainwell Schools! Beautiful 2,344 sq ft brick & vinyl sided ranch featuring 4 bedrooms & 3 baths! Open 19.4 x 26 family room with brick fireplace and sliding glass door leading to the new 525 sq ft wood deck (2023). Kayak swimming pool & fenced-in back yard, ideal for children & pets! Granite countertops, stainless appliances & newer sink/faucet in kitchen. 15 x 19.6 primary suite with fireplace, tray ceiling & french door to the deck. Walk-in closet, 2nd closet & whirlpool tub/shower and 2 vanities. Lower level includes spacious rec room with newer carpeting. New metal roof on home in 2023. High-efficiency natural gas furnace. Plenty of garden area with apple & pear trees. Enjoy this fine home and convenient country location today!
Unit Size
2,850 Ft²
Days on Market
-
Land Size
2.18 acres
Price per sqft
$139
Property Type
House
Property Taxes
$275
HOA Dues
-
Year Built
1962

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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: 2 years ago (MichRIC MLS #24054852)

Price History

Date / Event Date Event Price
Nov 22, 2024 Sold
Premium
Sold
Oct 23, 2024 In contract -
In contract
Oct 17, 2024 Listed by Hughey, REALTORS Inc. $395,000
Listed by Hughey, REALTORS Inc.
Mar 20, 2023 Sold
Premium
Sold
Dec 29, 2022 Listed by Hughey, REALTORS Inc. $330,000
Listed by Hughey, REALTORS Inc.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 912
  • Garage Type: 7
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,621
  • Lot Size Frontage Feet: 1,480
  • Total Building Area: 2,344
  • Building Area: 2,344
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,344
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DOUGLAS DRIVE
  • Land Acres: 0000000680
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: DOUGLAS DRIVE PLAT LOT 3

Neighborhood

  • School District Name: Plainwell Community Schools
  • Census Tract: 002801

Zoning

  • Zoning: R3

Geography

  • District: 2
  • Parcel: 02-08-435-030
  • Lot: 3
  • Municipality: COOPER TWP
  • Latitude: 42.3951
  • Longitude: -85.611

    Address

  • Full Address: 9245 Douglas Ave
  • Address - House Number: 9245
  • Address - Street Name: Douglas
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Kalamazoo
  • Carrier Code: R006
  • 4-Digit Zip Code: 5203
  • Zip Code: 49009

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $89,465

    Appraisal Valuation

  • Standard Deviation: 0.1539
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 81
  • Final Value: 319,488
  • High Value: 368,676
  • Low Value: 270,300

    Market Valuation

  • Market Total Value: $240,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $120,350

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 28, 2023
  • Current Sale Recording Date: Mar 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 5655
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 Kalamazoo

Stats & Trends

Median Asking:

$299,000

Sale Price/ft²

$162

Below Asking

0.02%

Average Days on Market

51

Average Home Size

1972 ft²

Average Home Age

57 years

Currently For Sale

736 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: Randy Hughey, Hughey, REALTORS Inc.
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 24054852
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 9245 Douglas Avenue built and last sold?
The property at 9245 Douglas Avenue was built in 1962 and last sold on Feb 28, 2023 for $330,000.
How much is this home worth?
The estimated value of the home located at 9245 Douglas Avenue is $397,661.
What are some comparable homes to 9245 Douglas Avenue?
There are currently no comparable homes to 9245 Douglas Avenue.
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