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516 Monroe St; Kalamazoo, MI Property Details

516 Monroe St, Kalamazoo, MI is a Single Family that was built in 1895. This property is currently a cash purchase and is not for sale. Our records show that 516 Monroe St has 4 bedrooms, and 3 bathrooms, and a total of 1,876 square feet. The lot size of 516 Monroe St is 3,920 square feet.

Off market
516 Monroe St Kalamazoo, MI 49006
$75,000 Listing Price
4 Beds
3 Baths
1,876 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1895
  • Purchase Price: $75,000
  • Est. Equity / %: $223,000 / 100%
  • Gross Yield: 13.458%
  • APN: 06-21-114-001
  • Situs County: Kalamazoo
  • Length Of Ownership: 12 years, 3 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 2

Structure

  • Stories: 1.75

Measurements

  • Total: 1,876/SqFt
  • Lot: 3,920/SqFt
  • Living: 1,876/SqFt
  • Basement: 698/SqFt
  • Building: 1,876/SqFt
  • Ground: 1,213/SqFt
  • Basement Unfinished: 698/SqFt
  • Price Per Square Foot: $39.98

Legal Description

  • Description: 42509 SPRAGUES ADDITION N 39FT OF E 86FT OF LOT 6. ALSO S 7FT OF E 86FT OF LOT 7.
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: 42.28704 / -85.60445
  • Subdivision: Spragues Addition
  • Property Class: Residential
  • Zoning: LW1
  • County Use Code: 401

Amenities

  • Plus Four: 4439
  • Fireplaces: 1
  • Heating: Forced air unit

Ownership Info

516 Monroe St has no associated ownership info
516 Monroe St has no associated ownership info.

Taxes

516 Monroe St has 8 associated Taxes items

516 Monroe 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 $93,000. The APN we've located for 516 Monroe St is 06-21-114-001.

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Taxes
  • Assessed Value:  $93,000
  • Assessed Year:  2026
  • Assessed County:  Kalamazoo
  • APN:  06-21-114-001
  • Tax Amount:  4397.01
  • Tax Year:  2025
  • Market Value:  186000
  • Market Year:  2026

Tax History

516 Monroe St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $93,000 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $4,397.01 Change Rate +0.029832% Assessed CR Tax Rate
Year 2024 Assessed Value $73,100 Land Value Improvement Value Tax Amount $4,269.64 Change Rate +1.531988% Assessed CR Tax Rate +0.058408%
Year 2023 Assessed Value $63,900 Land Value Improvement Value Tax Amount $1,686.28 Change Rate -0.564537% Assessed CR Tax Rate +0.026389%
Year 2022 Assessed Value $62,900 Land Value Improvement Value Tax Amount $3,872.38 Change Rate +0.047892% Assessed CR Tax Rate +0.061564%
Year 2021 Assessed Value $66,300 Land Value Improvement Value Tax Amount $3,695.4 Change Rate +0.005636% Assessed CR Tax Rate +0.055738%
Year 2020 Assessed Value $63,300 Land Value Improvement Value Tax Amount $3,674.69 Change Rate +0.052148% Assessed CR Tax Rate +0.058052%
Year 2019 Assessed Value $59,600 Land Value Improvement Value Tax Amount $3,492.56 Change Rate +0.010167% Assessed CR Tax Rate +0.0586%
Year 2018 Assessed Value $54,800 Land Value Improvement Value Tax Amount $3,457.41 Change Rate Assessed CR Tax Rate +0.063091%
Year 2017 Assessed Value $53,900 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $49,700 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $49,900 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $51,600 Land Value Improvement Value Tax Amount $2,522.15 Change Rate Assessed CR Tax Rate +0.048879%