NOT LISTED FOR SALE

1505 Palmer Ave Kalamazoo, MI 49001

Edison Neighborhood

Estimated Value: $106,000 - $127,000

2 Beds
1 Bath
775 Sq Ft
$149/Sq Ft Est. Value

Last Sold August 26, 2022

Last sale price $100,000 $129 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $700/month

75 Days on Market

Highlights

  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Living Room

About This Home

As of August 2022

Two bedroom home with brand new flooring throughout. Freshly painted. New Vanity and Toilet. The tub has been refinished. One car garage accessed through alley in back. Ready for new buyer to move in. Seller has replaced the roof and electrical panel as of May 2022.

Last Agent to Sell the Property

Diane Bornhorst

Berkshire Hathaway HomeServices MI License #6501212733 Listed on: 06/30/2022

Berkshire Hathaway HomeServices MI

Co-Listed By

Lindsay Flynn

Berkshire Hathaway HomeServices MI License #6501366885

Last Buyer's Agent

Amy Hamilton

Jaqua, REALTORS License #6501343755

Jaqua, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,021

Year Built

  • Built in 1949

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 44 x 125

Parking

  • 1 Car Detached Garage

Home Design

  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 775 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Laundry on main level

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,021

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1949
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 44 x 125
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 775.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 1021.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Refrigerators: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Substructure:Slab: Yes
  • General Property Info:SqFt Above Grade: 775.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven, Range, Refrigerator
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Slab
  • LivingArea: 775.0
  • General Property Info:Stories2: 1.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 110000.0
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Dimensions: 44 x 125
  • Lot Size Sq Ft: 5663.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1021.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2022
Closed on
Aug 26, 2022
Sold by
Heflin Frank J
Bought by
Pool Christian
Seller's Agent
Diane Bornhorst
Berkshire Hathaway HomeServices MI
Buyer's Agent
Amy Hamilton
Jaqua, REALTORS
List Price
$110,000
Sold Price
$100,000
Premium/Discount to List
-$10,000
-9.09%
Current Estimated Value
$115,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,460
Avg. Annual Appreciation
4.15%
Original Mortgage
$95,645
Outstanding Balance
$91,612
Interest Rate
5.22%
Mortgage Type
FHA
Estimated Equity
$21,147

Purchase Details

Closed on
Aug 6, 2013
Sold by
Heflin Sheri L
Bought by
Heflin Francis J

Purchase Details

Closed on
Dec 2, 2005
Sold by
Heflin Francis S and Heflin Sheri L
Bought by
Preferred Properties & Associates Llc

Purchase Details

Closed on
Nov 26, 2003
Sold by
Fannie Mae
Bought by
Heflin Frank J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 6, 2003
Sold by
Union Federal Bank Of Indianapolis
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Pool Christian $100,000 --
Heflin Frank J -- --
Heflin Francis J -- None Available
Preferred Properties & Associates Llc -- Multiple
Heflin Frank J $40,000 Metro
Federal National Mortgage Association -- Metro
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pool Christian $95,645
Previous Owner Heflin Frank J $19,600
Previous Owner Heflin Frank J $32,000
Closed Pool Christian $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2022 08/26/22 Sold $100,000 -9.1% $129 / Sq Ft
07/06/2022 07/06/22 Pending -- -- --
06/30/2022 06/30/22 Price Changed $110,000 0.0% $142 / Sq Ft
06/30/2022 06/30/22 For Sale $110,000 +22.2% $142 / Sq Ft
04/25/2022 04/25/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $90,000 -- $116 / 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 $813 $37,800 $0 $0
2024 $813 $30,100 $0 $0
2023 $852 $27,000 $0 $0
2022 $783 $23,300 $0 $0
2021 $1,021 $21,600 $0 $0
2020 $1,002 $19,700 $0 $0
2019 $965 $16,600 $0 $0
2018 $1,109 $14,600 $0 $0
2017 $951 $14,900 $0 $0
2016 $951 $14,500 $0 $0
2015 $951 $14,200 $0 $0
2014 $951 $13,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Diane Bornhorst

    Seller's Agent in 2022

    Diane Bornhorst

    Berkshire Hathaway HomeServices MI

    (269) 491-5666

    5 in this area

    68 Total Sales

    Section Image

  • L

    Seller Co-Listing Agent in 2022

    Lindsay Flynn

    Berkshire Hathaway HomeServices MI

    (269) 615-0723

    6 in this area

    64 Total Sales

    Section Image
  • Amy Hamilton

    Buyer's Agent in 2022

    Amy Hamilton

    Jaqua, REALTORS

    (888) 631-3200

    2 in this area

    422 Total Sales

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22014107

Southwestern Michigan Association of REALTORS®

APN: 06-26-179-018

Michigan Kalamazoo County Kalamazoo 49001 Edison

1505 Palmer Ave, Kalamazoo, MI

This home is located at 1505 Palmer Ave, Kalamazoo, MI 49001 since 30 June 2022 and is currently estimated at $115,460, approximately $148 per square foot. This property was built in 1949. 1505 Palmer Ave is a home located in Kalamazoo County with nearby schools including Milwood Elementary School, Milwood Magnet School, and Loy Norrix High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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