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1505 Palmer Ave

Kalamazoo, MI 49001

2 bd 1 ba 775 sqft Built 1949 Lot 5,663 sqft single_family
Most recent sale
$100,000
Sep 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 21, 2022 Sold $100,000 Public Record
Aug 26, 2022 Sold $100,000 MichRic
Jun 30, 2022 Price changed $110,000 MLS #22014107
Apr 22, 2022 Listed $90,000 MLS #22014107

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $39,700 $1,499
2024 $37,800 $1,455
2023 $27,000 $1,466
2022 $23,300 $783
2021 $21,600 $422
2020 $19,700 $1,001
2019 $16,600 $964

Property facts

Year built
1949
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
775 sqft
Lot size
5,663 sqft
ZIP code
49001
City
Kalamazoo
Street
Palmer Ave
Coordinates
42.27018, -85.56137

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
$1,163
Gross rental yield
13.96%
Implied cap rate
9.07%
Trend-extrapolated value

Frequently asked questions

When did 1505 Palmer Ave last sell?
1505 Palmer Ave most recently sold on Sep 21, 2022 for $100,000.
What is the current tax assessment for 1505 Palmer Ave?
The most recent total assessment for 1505 Palmer Ave (year 2025) is $39,700 with $1,499 in property tax.
How does 1505 Palmer Ave's assessment compare to its last sale price?
The current assessment is 60.3% below the last sale price of $100,000.
When was 1505 Palmer Ave built?
1505 Palmer Ave was built in 1949.
How does 1505 Palmer Ave compare to others on Palmer Ave?
We track 8 other properties on Palmer Ave. Browse the list under "Other properties on Palmer Ave" to compare beds, baths, and sale history.
What are the property facts for 1505 Palmer Ave?
1505 Palmer Ave is a 2 bed, 1 bath, 775 sqft, 5,663 sqft lot single_family.
Is 1505 Palmer Ave a flip candidate?
No — 1505 Palmer Ave does not appear in our flips dataset.
Is 1505 Palmer Ave a tax-appeal candidate?
No — 1505 Palmer 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
+2.3%
Implied 1-yr
+9.1%
2026 Q3
$205.2K
2026 Q4
$209.3K
ZIP 49001 — Median Price History + Forecast

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