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Sold
  • $171,000

    550 Wallace Ave, Kalamazoo, MI 49048

    2beds
    979sqft
    Single Family Residence
    Built in 1935
    0.27 Acres Lot
    $182,500 Zestimate®
    $175/sqft
    $1,528 Estimated rent

    Home value

    $182,500

    $166,000 - $199,000

    $1,528/mo

    Zestimate® history
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    $1,183/mo

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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    DeAnna M Phillips 269-492-8505,

    eXp Realty LLC

    Bought with:

    Yena L Turner

    CENTURY 21 C. Howard

    Source: MichRIC,MLS#: 24046555MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bedrooms: 2
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Microwave, Range, Refrigerator, Washer
    • Laundry: In Basement
    Features
    • Flooring: Carpet, Laminate
    • Windows: Screens, Replacement, Window Treatments
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 979
    • Total interior livable area: 979 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached
    • Garage spaces: 2
    Features
    • Stories: 1
    Lot
    • Size: 0.27 Acres
    • Dimensions: 82.5 x 144
    • Features: Corner Lot
    Details
    • Parcel number: 0614433021

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Aluminum Siding
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1935

    Utilities & green energy

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

    Community & HOA

    Location
    • Region: Kalamazoo

    Financial & listing details

    • Price per square foot: $175/sqft
    • Tax assessed value: $38,325
    • Annual tax amount: $2,048
    • Date on market: 9/5/2024
    • Listing terms: Cash,FHA,VA Loan,MSHDA,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    11/27/2024Sold$171,000-4.9%$175/sqft
    Source: MichRIC #24046555 Report a problem
    9/16/2024Pending sale$179,900$184/sqft
    Source: MichRIC #24046555 Report a problem
    9/5/2024Listed for sale$179,900+49.9%$184/sqft
    Source: MichRIC #24046555 Report a problem
    3/15/2022Sold$120,000+0.1%$123/sqft
    Source: Public Record Report a problem
    2/4/2022Pending sale$119,900$122/sqft
    Source: MichRIC #22003102 Report a problem
    2/1/2022Listed for sale$119,900+118%$122/sqft
    Source: MichRIC #22003102 Report a problem
    2/18/2019Sold$55,000$56/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,149 +5%$55,600 +23%
    2024$2,048 $45,200 +23.8%
    2023-- $36,500 +2%
    2022-- $35,800 +16.2%
    2021-- $30,800 +11.2%
    2020-- $27,700 +12.6%
    2018-- $24,600 +4.7%
    2017-- $23,500 +5.9%
    2016-- $22,200 +6.7%
    2015-- $20,800 -1.9%
    2014-- $21,200 -6.2%
    2013-- $22,600
    Find assessor info on the county website

    Neighborhood: Eastwood

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $182,500
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $182,500