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551 Arthur Ave

Kalamazoo, MI 49048

1 bd 1 ba 496 sqft Built 1925 Lot 6,447 sqft single_family
Most recent sale
$89,500
Jun 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 25, 2024 Sold $89,000 MichRic
Jun 30, 2022 Sold $89,500 Public Record
Jun 22, 2022 Sold $89,500 MichRic
May 5, 2022 Price changed $87,000 MLS #22015402
Apr 30, 2022 Listed $92,000 MLS #22015402

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $18,600 $143
2020 $16,600 $991

Property facts

Year built
1925
Property type
single_family
Stories
1
Beds
1
Baths
1
Living area
496 sqft
Lot size
6,447 sqft
ZIP code
49048
City
Kalamazoo
Street
Arthur Ave
Coordinates
42.29727, -85.54430

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$744
Gross rental yield
9.98%
Implied cap rate
6.48%
Trend-extrapolated value

Frequently asked questions

When did 551 Arthur Ave last sell?
551 Arthur Ave most recently sold on Jun 30, 2022 for $89,500.
What is the current tax assessment for 551 Arthur Ave?
The most recent total assessment for 551 Arthur Ave (year 2021) is $18,600 with $143 in property tax.
How does 551 Arthur Ave's assessment compare to its last sale price?
The current assessment is 79.2% below the last sale price of $89,500.
When was 551 Arthur Ave built?
551 Arthur Ave was built in 1925.
How does 551 Arthur Ave compare to others on Arthur Ave?
We track 8 other properties on Arthur Ave. Browse the list under "Other properties on Arthur Ave" to compare beds, baths, and sale history.
What are the property facts for 551 Arthur Ave?
551 Arthur Ave is a 1 bed, 1 bath, 496 sqft, 6,447 sqft lot single_family.
Is 551 Arthur Ave a flip candidate?
No — 551 Arthur Ave does not appear in our flips dataset.
Is 551 Arthur Ave a tax-appeal candidate?
No — 551 Arthur Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.6%
Implied 1-yr
-6.4%
2026 Q3
$171.9K
2026 Q4
$168.8K
ZIP 49048 — Median Price History + Forecast

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