324 Reed Ave
Kalamazoo, MI 49001
4 bd 1 ba 1,044 sqft Built 1896 Lot 5,227 sqft single_family
Most recent sale
$91,150
Mar 24, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 24, 2022 | Sold | $91,150 | Public Record |
| Feb 10, 2022 | Sold | $91,150 | MichRic |
| Oct 22, 2021 | Listed | $89,900 | MLS #21112032 |
| Aug 27, 2021 | Listed | $92,500 | MLS #21102785 |
| Apr 13, 2017 | Sold | $52,500 | Public Record |
| Nov 30, 2009 | Listing removed | $9,900 | MichRic |
| Oct 6, 2009 | Listed | $9,900 | MLS #2939629 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $42,300 | $1,887 |
| 2024 | — | — | $43,100 | $1,833 |
| 2023 | — | — | $34,000 | $1,876 |
| 2022 | — | — | $30,500 | $1,469 |
| 2021 | — | — | $27,700 | $792 |
| 2020 | — | — | $25,300 | $815 |
| 2019 | — | — | $23,200 | $1,566 |
Property facts
Year built
1896
Property type
single_family
Stories
—
Beds
4
Baths
1
Living area
1,044 sqft
Lot size
5,227 sqft
ZIP code
49001
City
Kalamazoo
Street
Reed Ave
Coordinates
42.27387, -85.57881
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$547
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 324 Reed Ave last sell?
324 Reed Ave most recently sold on Mar 24, 2022 for $91,150.
What is the current tax assessment for 324 Reed Ave?
The most recent total assessment for 324 Reed Ave (year 2025) is $42,300 with $1,887 in property tax.
How does 324 Reed Ave's assessment compare to its last sale price?
The current assessment is 53.6% below the last sale price of $91,150.
When was 324 Reed Ave built?
324 Reed Ave was built in 1896.
How does 324 Reed Ave compare to others on Reed Ave?
We track 8 other properties on Reed Ave. Browse the list under "Other properties on Reed Ave" to compare beds, baths, and sale history.
What are the property facts for 324 Reed Ave?
324 Reed Ave is a 4 bed, 1 bath, 1,044 sqft, 5,227 sqft lot single_family.
Is 324 Reed Ave a flip candidate?
No — 324 Reed Ave does not appear in our flips dataset.
Is 324 Reed Ave a tax-appeal candidate?
No — 324 Reed Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.3%
Implied 1-yr
+9.1%
2026 Q3
$205.2K
2026 Q4
$209.3K
ZIP 49001 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Reed Ave