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521 Wallace Ave; Kalamazoo, MI Property Details

521 Wallace Ave, Kalamazoo, MI is a Single Family that was built in 1875. This property is not for sale. Our records show that 521 Wallace Ave has 3 bedrooms, and 1 bathroom, and a total of 1,296 square feet. The lot size of 521 Wallace Ave is 15,246 square feet.

Off market
521 Wallace Ave Kalamazoo, MI 49048
$33,500 Listing Price
3 Beds
1 Baths
1,296 SqFt
Property Details

Summary

  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1875
  • Open Loans / Balance: 1 / $25,173
  • Est. Equity / %: $143,827 / 85.1%
  • Gross Yield: 11.73%
  • APN: 06-14-274-001
  • Situs County: Kalamazoo

Rooms

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

Structure

  • Stories: 1.75

Measurements

  • Total: 1,296/SqFt
  • Lot: 15,246/SqFt
  • Garage: 480/SqFt
  • Living: 1,296/SqFt
  • Basement: 504/SqFt
  • Building: 1,296/SqFt
  • Ground: 792/SqFt
  • Basement Unfinished: 504/SqFt

Legal Description

  • Description: 33242 PHELPS ADDITION N 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: 42.29659 / -85.55585
  • Subdivision: Phelps Add
  • Property Class: Residential
  • Zoning: RS5
  • County Use Code: 401

Amenities

  • Plus Four: 2042
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

521 Wallace Ave has no associated ownership info
521 Wallace Ave has no associated ownership info.

Taxes

521 Wallace Ave has 8 associated Taxes items

521 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 $58,900. The APN we've located for 521 Wallace Ave is 06-14-274-001.

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Taxes
  • Assessed Value:  $58,900
  • Assessed Year:  2026
  • Assessed County:  Kalamazoo
  • APN:  06-14-274-001
  • Tax Amount:  1292.25
  • Tax Year:  2025
  • Market Value:  117800
  • Market Year:  2026

Tax History

521 Wallace Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $58,900 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $1,292.25 Change Rate +0.029722% Assessed CR Tax Rate
Year 2024 Assessed Value $47,500 Land Value Improvement Value Tax Amount $1,254.95 Change Rate +0.878836% Assessed CR Tax Rate +0.02642%
Year 2023 Assessed Value $43,500 Land Value Improvement Value Tax Amount $667.94 Change Rate -0.450318% Assessed CR Tax Rate +0.015355%
Year 2022 Assessed Value $37,500 Land Value Improvement Value Tax Amount $1,215.14 Change Rate +0.118975% Assessed CR Tax Rate +0.032404%
Year 2021 Assessed Value $34,000 Land Value Improvement Value Tax Amount $1,085.94 Change Rate -0.059597% Assessed CR Tax Rate +0.031939%
Year 2020 Assessed Value $30,900 Land Value Improvement Value Tax Amount $1,154.76 Change Rate +0.135055% Assessed CR Tax Rate +0.037371%
Year 2019 Assessed Value $25,900 Land Value Improvement Value Tax Amount $1,017.36 Change Rate +0.013852% Assessed CR Tax Rate +0.03928%
Year 2018 Assessed Value $26,200 Land Value Improvement Value Tax Amount $1,003.46 Change Rate Assessed CR Tax Rate +0.0383%
Year 2017 Assessed Value $26,900 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $24,000 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $24,000 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $23,400 Land Value Improvement Value Tax Amount $1,030.14 Change Rate Assessed CR Tax Rate +0.044023%