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1518 Palmer Ave

Kalamazoo, MI 49001

2 bd 1 ba 720 sqft Built 1949 Lot 5,663 sqft single_family
Most recent sale
$78,250
May 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 14, 2022 Sold $140,000 MichRic
May 20, 2022 Listed $129,900 MLS #22019507
May 12, 2022 Sold $78,250 Public Record
Mar 25, 2022 Sold $78,250 MichRic
Feb 26, 2022 Listed $45,000 MLS #22005848
Aug 23, 2018 Sold $63,000 Public Record
Dec 15, 2017 Listing removed $59,900 MichRic
Nov 30, 2017 Listing removed $59,900 MichRic
Oct 18, 2017 Listing removed $59,900 MichRic
Sep 21, 2017 Listed $64,900 MLS #17048046
Feb 15, 2016 Sold $40,000 MichRic
Jun 23, 2012 Listing removed $34,900 MichRic
May 23, 2012 Price changed $34,900 MLS #12022162
Apr 24, 2012 Listed $39,900 MLS #12022162
Nov 8, 2009 Listing removed $19,900 MichRic
Nov 5, 2009 Price changed $19,900 MLS #2936938
Sep 16, 2009 Listed $24,900 MLS #2936938

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $32,200 $792
2020 $30,300 $1,391

Property facts

Year built
1949
Property type
single_family
Stories
Beds
2
Baths
1
Living area
720 sqft
Lot size
5,663 sqft
ZIP code
49001
City
Kalamazoo
Street
Palmer Ave
Coordinates
42.26966, -85.56089

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
$470
Gross rental yield
7.21%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1518 Palmer Ave last sell?
1518 Palmer Ave most recently sold on May 12, 2022 for $78,250.
What is the current tax assessment for 1518 Palmer Ave?
The most recent total assessment for 1518 Palmer Ave (year 2021) is $32,200 with $792 in property tax.
How does 1518 Palmer Ave's assessment compare to its last sale price?
The current assessment is 58.8% below the last sale price of $78,250.
When was 1518 Palmer Ave built?
1518 Palmer Ave was built in 1949.
How does 1518 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 1518 Palmer Ave?
1518 Palmer Ave is a 2 bed, 1 bath, 720 sqft, 5,663 sqft lot single_family.
Is 1518 Palmer Ave a flip candidate?
Yes — 1518 Palmer Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1518 Palmer Ave a tax-appeal candidate?
No — 1518 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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