5 months on rocket

814 W Walnut St, Kalamazoo, MI, 49007

$1,789,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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814 W Walnut St, Kalamazoo$1,789,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingAsphalt, Driveway
Year Built1965
HeatingForced Air, Electric
CoolingWindow Unit(s)
MLS #23143221
Lot Size0.40 Acres
StatusActive

About 814 W Walnut St

We are pleased to present this one of a kind 18 unit Multi-Family offering geographically positioned just outside of Downtown Kalamazoo. Nestled into the Walnut and Lovell district, this asset is one of only a few that offers, walking distance to bustling Downtown, neighborhood feel, and immediate proximity to Western Michigan University. Recently improved, this offering boast new roof and parking lot in the last 5 years as well as 14 of the 18 units have been modernized and rent improved. Significant upside remains for the next Owner to renovate the final 4 units.

Property Details

Property Features

Property Information:

  • Year Built: 1965

Listing Office:

  • Office Name: Callander Commercial
  • Office Phone: (269) 349-1000
  • Listing Agent: Matthew H Callander, David Keyte

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Asphalt, Driveway

Lot Features

Lot Information:

  • Lot Size: 0.40 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Electric
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Loy Norrix High School, Public District Grades 9-12
  • Maple Street Magnet School For The Arts, Public Magnet Grades 6-8
  • Woods Lake Elementary: A Magnet Center for The Arts, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: Located on Walnut Street between Westnedge & Davis

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,789,000

Tax Information:

  • Annual Amount: $13,563
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Kalamazoo, MI.

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Kalamazoo, MI

City

Med. Sold Price

$220.1K

Med. Price/SqFt

$168

Avg. Days On Market

39

# of Sold Homes

116

814 W Walnut St vs Kalamazoo

151 DAYS ON ROCKET

+112 Days

$1,789,000

+$1.5M More

KEY TAKEAWAY

This property is $1.5M more than the Median Sold Price in Kalamazoo, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Michigan Regional Information Center (MichRIC)
  • MLS Number: #23143221

Listing Office:

  • Office Name: Callander Commercial
  • Office Phone: (269) 349-1000
  • Listing Agent: Matthew H Callander, David Keyte

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 11:20:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 21, 2013Home Sold
$340,000

Tax History

YEARPROP. TAXASSESSMENT
2021$13,563$297,400
2020$13,062$274,800
2019$13,062$252,000
2018 - $233,100
2017 - $226,100

History based on county public records data.

Payment Calculator

$8,996

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,430

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1715700
7
/10

  • Woods Lake Elementary: A Magnet Center for The Arts

  • 3215 Oakland Dr

  • 2.12 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-1715701
5
/10

  • Maple Street Magnet School For The Arts

  • 922 W Maple St

  • 0.96 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-1715702
6
/10

  • Loy Norrix High School

  • 606 E Kilgore Rd

  • 3.07 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $16,071. Most Kalamazoo, MI residents have annual incomes less than $35k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Kalamazoo County›Kalamazoo›49007›814 W Walnut St

This home is located at 814 W Walnut St in Kalamazoo, MI and zip code 49007 in the Vine neighborhood. This home, which was built in 1965, sits on a 0.40 acre lot. It has been listed on Rocket Homes since November 28, 2023 and is currently priced at $1,789,000.

In March 2024 more than 30 listings in Kalamazoo, MI were sold above the asking price. During the same period more than 23 listings were sold at asking price, while more than 63 were sold below. The inventory of homes for sale in Kalamazoo, MI between February 2024 and March 2024 increased by 7.9%. In March 2024 median list price was $220,100 and the average listing age was 39 days.

From Rocket Homes Real Estate and based on county public records data.

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