NOT LISTED FOR SALE

524 Wallace Ave Kalamazoo, MI 49048

Estimated Value: $132,000 - $168,000

3 Beds
1 Bath
1,253 Sq Ft
$115/Sq Ft Est. Value

Sale Details

Date Sold: May 24, 2019

Last sale price $73,000 $58 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $797 / mo

99 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Living Room
  • Recreation Room
  • Den
  • 3-minute walk to Sherwood Park

About This Home

As of May 2019

beautifully restored home w/ Updated 3 bed, 1 bath, 1250+ sq ft 2-story! NEW windows, carpet/flooring and paint throughout the home. Bright kitchen with new cabinets and access to mud room, back deck and formal dining room. Arched walkways and tons of natural light through NEW windows and all new blinds. Full bath on main includes separate tub and shower stall. Big living room. Upstairs you will find 3 bedrooms including one larger bedroom with 2 good-sized closets. Basement has been updated with new concrete. Great deck and partially fenced yard in back. Newer plumbing and electrical. Kalamazoo Promise qualified! Previously rented for $850-$900. Close to the new tiny house development, Sherwood Park and all things downtown!

Last Agent to Sell the Property

Alyssa Wenzel

Chuck Jaqua, REALTOR Listed on: 01/08/2019

Last Buyer's Agent

Jessica Vliek

Evenboer Walton, REALTORS License #6501394234

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,066

Year Built

  • Built in 1920

Lot Details

  • 4,791 Sq Ft Lot
  • Lot Dimensions are 33x144

Parking

  • Unpaved Driveway

Home Design

  • Traditional Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,253 Sq Ft Home
  • 2-Story Property
  • Replacement Windows
  • Window Treatments
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Recreation Room
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,066

Year Built

Built in 1920

Lot Details

4,791 Sq Ft Lot

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1920
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 62.25
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 33x144
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1253.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 1066.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Windows:Replacement: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Additional Items:Window Treatments: Yes
  • Driveway:Shared Unpaved: Yes
  • General Property Info:SqFt Above Grade: 1253.0
  • General Property Info Garage YN: No
  • Architectural Style:Traditional: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 1253.0
  • Window Features: Replacement, Window Treatments
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 502.0

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 78000.0
  • Patio and Porch Features: Deck
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Garage: No

Utilities

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

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Dimensions: 33x144
  • Lot Size Sq Ft: 4791.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1066.0
  • Tax Year: 2018

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2019
Closed on
May 24, 2019
Sold by
Bought by
Seller's Agent
Alyssa Wenzel
Chuck Jaqua, REALTOR
Buyer's Agent
Jessica Vliek
Evenboer Walton, REALTORS
List Price
$75,000
Sold Price
$73,000
Premium/Discount to List
-$2,000
-2.67%
Current Estimated Value
$144,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,241
Avg. Annual Appreciation
10.02%
Original Mortgage
$73,000
Outstanding Balance
$64,051
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$80,190

Purchase Details

Closed on
Aug 27, 2007
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$73,000 Devon Title Company
$20,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $73,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/24/2019 05/24/19 Sold $73,000 -2.7% $58 / Sq Ft
04/17/2019 04/17/19 Pending -- -- --
01/08/2019 01/08/19 For Sale $75,000 -- $60 / Sq Ft
Source: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $274 $42,200 $0 $0
2024 $266 $36,300 $0 $0
2023 $254 $28,900 $0 $0
2022 $1,294 $28,600 $0 $0
2021 $1,216 $24,600 $0 $0
2020 $1,196 $21,500 $0 $0
2019 $897 $19,700 $0 $0
2018 $1,111 $16,400 $0 $0
2017 $0 $16,400 $0 $0
2016 -- $15,400 $0 $0
2015 -- $14,700 $0 $0
2014 -- $15,000 $0 $0
Source: Public Records

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Map

Source: MichRIC

MLS Number: 18031994

MichRIC

APN: 06-14-433-070

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