Taxes
- Assessed Value: $42,000
- Assessed Year: 2026
- Assessed County: Kalamazoo
- APN: 06-14-274-002
- Tax Amount: 1898.02
- Tax Year: 2025
- Market Value: 84000
- Market Year: 2026
515 Wallace Ave; Kalamazoo, MI Property Details
Off market
515 Wallace Ave Kalamazoo, MI 49048
$185,000 Listing Price
3 Beds
1 Baths
1,157 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1885
- Purchase Price: $185,000
- Open Loans / Balance: 2 / $191,649
- Est. Equity / %: $-26,649 / -16.15%
- Gross Yield: 11.644%
- APN: 06-14-274-002
- Situs County: Kalamazoo
- Length Of Ownership: 2 months
Rooms
- Bedrooms: 3
- Bathrooms: 1
- Full Bathrooms: 1
Structure
- Stories: 1.75
Measurements
- Total: 1,157/SqFt
- Lot: 15,246/SqFt
- Garage: 288/SqFt
- Living: 1,157/SqFt
- Basement: 396/SqFt
- Building: 1,157/SqFt
- Ground: 860/SqFt
- Basement Unfinished: 396/SqFt
- Price Per Square Foot: $159.90
Legal Description
- Description: 33244 PHELPS ADDITION S 1/2 OF W 14 R OF E 16 R OF LOT 44
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: 42.296417 / -85.5561
- Subdivision: Phelps Add
- Property Class: Residential
- Zoning: RS5
- County Use Code: 401
Amenities
- Plus Four: 2042
- Garage: Garage
- Heating: Forced air unit
- Parking: 1
HOA
- H O A One Type: Planned Unit Development
Ownership Info
515 Wallace Ave has no associated ownership info
515 Wallace Ave has no associated ownership info.
Taxes
515 Wallace Ave has 8 associated Taxes items
515 Wallace Ave, 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 $42,000. The APN we've located for 515 Wallace Ave is 06-14-274-002.
Unlock the full reportTax History
515 Wallace Ave has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2026 | Assessed Value $42,000 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2025 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,898.02 | Change Rate -0.240354% | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $31,100 | Land Value | Improvement Value | Tax Amount $2,498.56 | Change Rate +1.089674% | Assessed CR | Tax Rate +0.08034% |
| Year 2023 | Assessed Value $28,600 | Land Value | Improvement Value | Tax Amount $1,195.67 | Change Rate -0.306464% | Assessed CR | Tax Rate +0.041807% |
| Year 2022 | Assessed Value $26,400 | Land Value | Improvement Value | Tax Amount $1,724.02 | Change Rate +0.313509% | Assessed CR | Tax Rate +0.065304% |
| Year 2021 | Assessed Value $17,700 | Land Value | Improvement Value | Tax Amount $1,312.53 | Change Rate -0.112436% | Assessed CR | Tax Rate +0.074154% |
| Year 2020 | Assessed Value $21,500 | Land Value | Improvement Value | Tax Amount $1,478.8 | Change Rate +1.123889% | Assessed CR | Tax Rate +0.068781% |
| Year 2019 | Assessed Value $18,800 | Land Value | Improvement Value | Tax Amount $696.27 | Change Rate +0.013892% | Assessed CR | Tax Rate +0.037036% |
| Year 2018 | Assessed Value $18,000 | Land Value | Improvement Value | Tax Amount $686.73 | Change Rate | Assessed CR | Tax Rate +0.038152% |
| Year 2017 | Assessed Value $18,500 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2016 | Assessed Value $16,600 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $16,600 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $16,300 | Land Value | Improvement Value | Tax Amount $705.05 | Change Rate | Assessed CR | Tax Rate +0.043255% |