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2434 Lorraine Ave

Kalamazoo, MI 49008

3 bd 2 ba 1,485 sqft Built 1929 Lot 19,602 sqft single_family
Most recent sale
$239,900
Aug 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 30, 2022 Sold $239,900 Public Record
Aug 5, 2022 Sold $239,900 MichRic
Jun 29, 2022 Price changed $239,900 MLS #22023106
Jun 17, 2022 Price changed $264,900 MLS #22023106
Jun 10, 2022 Listed $279,900 MLS #22023106
Jun 12, 2019 Sold $180,000 Public Record
May 28, 2019 Sold $180,000 MichRic
Apr 3, 2019 Price changed $174,900 MLS #19010705
Apr 2, 2019 Sold $132,500 Public Record
Mar 23, 2019 Listed $179,900 MLS #19010705

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $92,000 $2,603
2020 $89,800 $4,574

Property facts

Year built
1929
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,485 sqft
Lot size
19,602 sqft
ZIP code
49008
City
Kalamazoo
Street
Lorraine Ave
Coordinates
42.26310, -85.62037

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,228
Gross rental yield
11.14%
Implied cap rate
7.24%
Trend-extrapolated value

Frequently asked questions

When did 2434 Lorraine Ave last sell?
2434 Lorraine Ave most recently sold on Aug 30, 2022 for $239,900.
What is the current tax assessment for 2434 Lorraine Ave?
The most recent total assessment for 2434 Lorraine Ave (year 2021) is $92,000 with $2,603 in property tax.
How does 2434 Lorraine Ave's assessment compare to its last sale price?
The current assessment is 61.7% below the last sale price of $239,900.
When was 2434 Lorraine Ave built?
2434 Lorraine Ave was built in 1929.
How does 2434 Lorraine Ave compare to others on Lorraine Ave?
We track 8 other properties on Lorraine Ave. Browse the list under "Other properties on Lorraine Ave" to compare beds, baths, and sale history.
What are the property facts for 2434 Lorraine Ave?
2434 Lorraine Ave is a 3 bed, 2 bath, 1,485 sqft, 19,602 sqft lot single_family.
Is 2434 Lorraine Ave a flip candidate?
Yes — 2434 Lorraine Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 2434 Lorraine Ave a tax-appeal candidate?
No — 2434 Lorraine 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
-0.4%
Implied 1-yr
-1.5%
2026 Q2
$309.3K
2026 Q3
$308.1K
ZIP 49008 — Median Price History + Forecast

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