NOT LISTED FOR SALE

550 Wallace Ave Kalamazoo, MI 49048

Estimated Value: $162,000 - $192,000

2 Beds
1 Bath
979 Sq Ft
$180/Sq Ft Est. Value

Last Sold November 27, 2024

Last sale price $171,000 $175 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $957/month

10 Days on Market

Highlights

  • Sun or Florida Room
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Corner Lot: Yes
  • Patio
  • 4-minute walk to Sherwood Park

About This Home

As of November 2024

This 2-bedroom home nestled on a generous 2.5-lot property with mature trees is what you have been waiting for.. Enjoy the privacy and tranquility of a park-like setting, complete with a large, fenced-in yard. A spacious 2-car garage and a pass-thru driveway provide ample parking, accommodating 8-10 vehicles.
Recent updates include a fresh coat of exterior paint, a 3-year-old roof, and a completely remodeled kitchen featuring new cabinets, sink, ceiling, and lighting. The inviting 3-season front porch floods the room with natural light. Inside, a spacious living room and dining area that boasts a custom floor-to-ceiling cabinet, creating a stylish and functional space. The open, dry, and clean basement offers potential for additional living space or a play area. The living room's natural pine ship lap ceiling with faux beams adds a touch of rustic charm.
This cute and comfortable home is the perfect blend of city convenience and charm. Don't miss this opportunity to make it your own! Pull through driveway! Large corner lot. Solid fencing. The 2 stall pole barn has a nice concrete floor and power and is perfect for a workshop, storage or garage.

Last Agent to Sell the Property

DeAnna Phillips

eXp Realty LLC License #6501322408 Listed on: 09/05/2024

eXp Realty LLC

Last Buyer's Agent

Yena Turner

CENTURY 21 C. Howard

CENTURY 21 C. Howard

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,048

Year Built

  • Built in 1935

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 82.5 x 144
  • Corner Lot: Yes
  • Back Yard Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 979 Sq Ft Home
  • 1-Story Property
  • Replacement Windows
  • Window Treatments
  • Window Screens
  • Sun or Florida Room

Kitchen

  • Range
  • Microwave

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Phone Connected
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,048

Year Built

Built in 1935

Lot Details

0.27 Acres

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1935
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 183.76
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 82.5 x 144
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 979.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 2048.0
  • Waterfront Options:Water Access YN: No
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Windows:Replacement: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • Windows:Screens: Yes
  • General Property Info:Fireplace: No
  • Utilities Attached:Telephone Line: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Water Heater:Natural Gas4: Yes
  • General Property Info:SqFt Above Grade: 979.0
  • Laundry Features In Basement: Yes
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Flooring:Carpet Floor: Yes
  • Flooring:Laminate Floor: Yes
  • Fencing:Fenced Back: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Microwave, Range, Refrigerator, Washer
  • Flooring: Carpet, Laminate
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 979.0
  • Window Features: Screens, Replacement, Window Treatments
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Total Basement SQFT: 979.0
  • Appliances Range: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • Fencing: Fenced Back
  • List Price: 179900.0
  • Lot Features: Corner Lot
  • Patio and Porch Features: 3 Season Room, Patio
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Features 3 Season Room: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: In Basement
  • Sewer: Public
  • Utilities: Phone Connected, Natural Gas Connected, Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.27
  • Lot Size Area: 0.27
  • Lot Dimensions: 82.5 x 144
  • Lot Size Sq Ft: 11761.0

Tax Info

  • Tax Annual Amount: 2048.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2024
Closed on
Nov 14, 2024
Sold by
Tindle Robert Phil
Bought by
Williams Sharon P and Williams Leroy
Seller's Agent
DeAnna Phillips
eXp Realty LLC
Buyer's Agent
Yena Turner
CENTURY 21 C. Howard
List Price
$179,900
Sold Price
$171,000
Premium/Discount to List
-$8,900
-4.95%
Views
8
Current Estimated Value
$176,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,028
Avg. Annual Appreciation
2.40%
Original Mortgage
$10,000
Outstanding Balance
$9,916
Interest Rate
6.44%
Estimated Equity
$166,112

Purchase Details

Listed on
Feb 1, 2022
Closed on
Mar 4, 2022
Sold by
Hostiguin and Maria
Bought by
Tindle Robert Phil
Seller's Agent
Jason Reicherts
Evenboer Walton, REALTORS
Buyer's Agent
DeAnna Phillips
eXp Realty LLC
List Price
$115,000
Sold Price
$120,000
Premium/Discount to List
$5,000
4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.80%
Original Mortgage
$105,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 22, 2019
Closed on
Feb 7, 2019
Sold by
Estate Of Floyd John Stewart
Bought by
Hostiguin Jose and Hostiguin Maria
Seller's Agent
Jason Reicherts
Evenboer Walton, REALTORS
Buyer's Agent
Jason Reicherts
Evenboer Walton, REALTORS
List Price
$65,000
Sold Price
$55,000
Premium/Discount to List
-$10,000
-15.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.93%

Purchase Details

Closed on
Jul 28, 2008
Sold by
Stewart Esther M
Bought by
Stewart Floyd J
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Williams Sharon P $171,900 Chicago Title
Williams Sharon P $171,900 Chicago Title
Tindle Robert Phil $120,000 None Listed On Document
Hostiguin Jose $55,000 None Available
Stewart Floyd J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Sharon P $10,000
Closed Williams Sharon P $10,000
Open Williams Sharon P $166,743
Closed Williams Sharon P $166,743
Previous Owner Tindle Robert Phil $105,000
Closed Tindle Robert Phil $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/27/2024 11/27/24 Sold $171,000 -4.9% $175 / Sq Ft
09/15/2024 09/15/24 Pending -- -- --
09/05/2024 09/05/24 For Sale $179,900 +49.9% $184 / Sq Ft
03/04/2022 03/04/22 Sold $120,000 +4.3% $123 / Sq Ft View Prior Sale
02/04/2022 02/04/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $115,000 +109.1% $117 / Sq Ft
02/07/2019 02/07/19 Sold $55,000 -15.4% $56 / Sq Ft View Prior Sale
01/22/2019 01/22/19 Pending -- -- --
01/22/2019 01/22/19 For Sale $65,000 -- $66 / Sq Ft
Source: MichRIC

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 $596 $55,600 $0 $0
2024 $411 $45,200 $0 $0
2023 $392 $36,500 $0 $0
2022 $1,644 $35,800 $0 $0
2021 $1,544 $30,800 $0 $0
2020 $1,519 $27,700 $0 $0
2019 $1,220 $25,400 $0 $0
2018 $1,188 $23,500 $0 $0
2017 $0 $23,500 $0 $0
2016 -- $22,200 $0 $0
2015 -- $20,800 $0 $0
2014 -- $21,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 24046555

MichRIC

APN: 06-14-433-021

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