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616 Terrace Ct

Kalamazoo, MI 49001

3 bd 2 ba 1,458 sqft Built 1911 Lot 3,920 sqft single_family
Most recent sale
$114,000
Jul 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 5, 2023 Listed for rent $1,400 Avail
Aug 14, 2023 Listed for rent $1,400 Avail
Jul 23, 2023 Listed for rent $1,400 Avail
Aug 2, 2022 Price changed for rent $1,350 Rently
Jul 21, 2022 Listed for rent $1,499 Rently
Jul 11, 2022 Sold $114,000 Public Record
May 23, 2022 Sold $114,000 MichRic
Apr 14, 2022 Price changed $119,900 MLS #22005636
Feb 24, 2022 Listed $115,000 MLS #22005636
Nov 18, 2010 Listing removed $37,500 MichRic
Sep 2, 2010 Price changed $37,500 MLS #10023277
May 17, 2010 Listed $47,900 MLS #10023277

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $66,800 $3,300
2024 $63,300 $3,660
2023 $44,100 $3,056
2022 $37,000 $1,512
2021 $32,900 $605
2020 $29,100 $1,435
2019 $23,400 $1,601

Property facts

Year built
1911
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,458 sqft
Lot size
3,920 sqft
ZIP code
49001
City
Kalamazoo
Street
Terrace Ct
Coordinates
42.27457, -85.57295

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$684
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 616 Terrace Ct last sell?
616 Terrace Ct most recently sold on Jul 11, 2022 for $114,000.
What is the current tax assessment for 616 Terrace Ct?
The most recent total assessment for 616 Terrace Ct (year 2025) is $66,800 with $3,300 in property tax.
How does 616 Terrace Ct's assessment compare to its last sale price?
The current assessment is 41.4% below the last sale price of $114,000.
When was 616 Terrace Ct built?
616 Terrace Ct was built in 1911.
How does 616 Terrace Ct compare to others on Terrace Ct?
We track 8 other properties on Terrace Ct. Browse the list under "Other properties on Terrace Ct" to compare beds, baths, and sale history.
What are the property facts for 616 Terrace Ct?
616 Terrace Ct is a 3 bed, 2 bath, 1,458 sqft, 3,920 sqft lot single_family.
Is 616 Terrace Ct a flip candidate?
No — 616 Terrace Ct does not appear in our flips dataset.
Is 616 Terrace Ct a tax-appeal candidate?
No — 616 Terrace Ct 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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