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507 Locust St; Kalamazoo, MI Property Details

507 Locust St, Kalamazoo, MI is a Single Family that was built in 1910. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 507 Locust St has 3 bedrooms, and 1 bathroom, and a total of 1,346 square feet. The lot size of 507 Locust St is 2,178 square feet.

Off market
507 Locust St Kalamazoo, MI 49007
$48,900 Listing Price
3 Beds
1 Baths
1,346 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1910
  • Purchase Price: $48,900
  • Open Loans / Balance: 2 / $50,249
  • Est. Equity / %: $98,751 / 66.28%
  • Gross Yield: 9.568%
  • APN: 06-21-236-003
  • Situs County: Kalamazoo
  • Length Of Ownership: 16 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Stories: 1.75

Measurements

  • Total: 1,346/SqFt
  • Lot: 2,178/SqFt
  • Living: 1,346/SqFt
  • Basement: 660/SqFt
  • Building: 1,346/SqFt
  • Ground: 660/SqFt
  • Basement Unfinished: 660/SqFt
  • Price Per Square Foot: $36.33

Legal Description

  • Description: 50312 WELCHS ADDITION, LIBER 6 OF PLATS PAGE 7; THE SOUTH 31FT OF THE NORTH 92FT OF LOT 410.
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Kalamazoo Public School District
  • Lat / Lon: 42.287163 / -85.59324
  • Subdivision: Welchs Addition
  • Property Class: Residential
  • Zoning: RM15
  • County Use Code: 401

Amenities

  • Plus Four: 5021
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

507 Locust St has no associated ownership info
507 Locust St has no associated ownership info.

Taxes

507 Locust St has 8 associated Taxes items

507 Locust St, Kalamazoo, MI pays taxes in Kalamazoo County, MI. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $71,500. The APN we've located for 507 Locust St is 06-21-236-003.

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Taxes
  • Assessed Value:  $71,500
  • Assessed Year:  2026
  • Assessed County:  Kalamazoo
  • APN:  06-21-236-003
  • Tax Amount:  1531.68
  • Tax Year:  2025
  • Market Value:  143000
  • Market Year:  2026

Tax History

507 Locust St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $71,500 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $1,531.68 Change Rate -0.070261% Assessed CR Tax Rate
Year 2024 Assessed Value $61,300 Land Value Improvement Value Tax Amount $1,647.43 Change Rate +1.080955% Assessed CR Tax Rate +0.026875%
Year 2023 Assessed Value $53,400 Land Value Improvement Value Tax Amount $791.67 Change Rate -0.413143% Assessed CR Tax Rate +0.014825%
Year 2022 Assessed Value $45,500 Land Value Improvement Value Tax Amount $1,349 Change Rate +0.048076% Assessed CR Tax Rate +0.029648%
Year 2021 Assessed Value $41,400 Land Value Improvement Value Tax Amount $1,287.12 Change Rate +0.007593% Assessed CR Tax Rate +0.03109%
Year 2020 Assessed Value $36,700 Land Value Improvement Value Tax Amount $1,277.42 Change Rate +0.059344% Assessed CR Tax Rate +0.034807%
Year 2019 Assessed Value $30,700 Land Value Improvement Value Tax Amount $1,205.86 Change Rate +0.013882% Assessed CR Tax Rate +0.039279%
Year 2018 Assessed Value $27,500 Land Value Improvement Value Tax Amount $1,189.35 Change Rate Assessed CR Tax Rate +0.043249%
Year 2017 Assessed Value $25,900 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $23,400 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $23,400 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $22,900 Land Value Improvement Value Tax Amount $1,291.01 Change Rate Assessed CR Tax Rate +0.056376%