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Sold
    • $185,000

    515 Wallace Ave, Kalamazoo, MI 49048

    3beds
    1,157sqft
    Single Family Residence
    Built in 1885
    0.35 Acres Lot
    $185,600 Zestimate®
    $160/sqft
    $1,332 Estimated rent

    Home value

    $185,600

    Estimated sales range

    Not available

    $1,332/mo

    Zestimate® history
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    What's special

    Fresh paintNew roofMassive city lotNew flooring
    515 Wallace is a beautifully renovated 3-bedroom, 1-bath home on a massive city lot. Taken down to the studs and fully renovated in 2021, this property features major upgrades throughout, including a new roof, siding, windows, plumbing, electrical, and furnace. Fresh paint and new flooring were completed in 2026, giving the home a clean, modern feel. The spacious lot offers plenty of outdoor space, while the extensive updates provide peace of mind and move-in-ready convenience. A great opportunity for a homeowner or investor looking for a solid, updated property with long-term value.

    Zillow last checked:

    Listing updated:

    Listed by:

    Molly Chipouras 269-391-3277,

    M2 Real Estate Collective

    Bought with:

    Jerry F Slater, 6501372659

    RE/MAX Advantage

    Ron D Ekema, 6501267174

    Source: MichRIC,MLS#: 26026910MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bedrooms: 1
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Range, Refrigerator, Washer
    • Laundry: Main Level
    Features
    • Flooring: Carpet, Vinyl
    • Windows: Replacement
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 1,157
    • Total interior livable area: 1,157 sqft
    • Finished area below ground: 0

    Property

    Features
    • Stories: 2
    Lot
    • Size: 0.35 Acres
    • Dimensions: 66 x 231
    • Features: Level
    Details
    • Parcel number: 0614274002

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1885

    Utilities & green energy

    • Sewer: Public Sewer, Storm Sewer
    • Water: Public
    • Utilities for property: Natural Gas Connected

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    Location
    • Region: Kalamazoo

    Financial & listing details

    • Price per square foot: $160/sqft
    • Tax assessed value: $25,482
    • Annual tax amount: $1,898
    • Date on market: 6/4/2026
    • Listing terms: Cash,FHA,VA Loan,MSHDA,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/31/2026Sold$185,000+2.8%$160/sqft
    Source: MichRIC #26026910 Report a problem
    6/6/2026Pending sale$179,900$155/sqft
    Source: MichRIC #26026910 Report a problem
    6/4/2026Listed for sale$179,900+1694%$155/sqft
    Source: MichRIC #26026910 Report a problem
    1/21/2020Sold$10,028$9/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026$1,898 -24%$42,000 +9.7%
    2025$2,499 +17.5%$38,300 +23.2%
    2024$2,127 $31,100 +8.7%
    2023-- $28,600 +8.3%
    2022-- $26,400 +49.2%
    2021-- $17,700 -17.7%
    2020-- $21,500 +19.4%
    2018-- $18,000 -2.7%
    2017$705 $18,500 +11.4%
    2016$705 $16,600
    2015$705 $16,600 +1.8%
    2014$705 $16,300 -2.4%
    2013-- $16,700 -3.5%
    2012-- $17,300 -16.4%
    2011-- $20,700 -7.6%
    2010-- $22,400 -10%
    2009-- $24,900 -10.1%
    2008-- $27,700 +11.7%
    2004-- $24,800 +13%
    2003-- $21,950
    2002-- $21,950 +33.8%
    2001-- $16,400
    Find assessor info on the county website

    Neighborhood: Eastside

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    Estimated market value
    $185,600
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    Estimated market value
    $185,600

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