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Kalamazoo 49048 Eastside
516 Trimble Avenue
$145,000
● House - Off Market

516 Trimble Avenue

Kalamazoo, MI 49048
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,366 Ft²
$147,526
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Adorable 3 bed 1 bath home with a HUGE back yard! Freshly updated throughout with new paint, new flooring, fully updated kitchen and bath, and new stainless appliances. Main floor features 2 bedrooms, large family room, kitchen and full bath. Upstairs has a very large primary bedroom with plenty of room for an office or sitting space.
Unit Size
1,366 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$106
Property Type
House
Property Taxes
$118
HOA Dues
-
Year Built
1905

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MichRIC MLS #23005587)

Price History

Date / Event Date Event Price
Apr 17, 2023 Sold
Premium
Sold
Feb 24, 2023 Listed by Five Star Real Estate $145,000
Listed by Five Star Real Estate
Jul 14, 2022 Sold
Premium
Sold
Apr 3, 2017 Sold
Premium
Sold
Jun 24, 2015 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1905
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 692
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,246
  • Lot Size Depth Feet: 770
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,049
  • Building Area: 1,049
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,049
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PHELPS ADD
  • Land Acres: 0000000350
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: 33246 PHELPS ADDITION S 1/2 OF W 14R OF LOT 44.

Neighborhood

  • School District Name: Kalamazoo Public School District
  • School Tax School District: KALAMAZOO
  • Census Tract: 000100

Zoning

  • Zoning: RS-5

Geography

  • District: 0
  • Parcel: 06-14-273-002
  • Lot: 44
  • Municipality: KALAMAZOO CITY
  • Latitude: 42.2964
  • Longitude: -85.5571

    Address

  • Full Address: 516 Trimble Ave
  • Address - House Number: 516
  • Address - Street Name: Trimble
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Kalamazoo
  • Carrier Code: C005
  • 4-Digit Zip Code: 1980
  • Zip Code: 49048

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $85,812

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 74,629
  • High Value: 108,893
  • Low Value: 40,364

    Market Valuation

  • Market Total Value: $59,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 11, 2023
  • Current Sale Recording Date: Apr 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7869
  • Previous Sale Recording Date: Jul 14, 2022
  • Previous Sale Contract Date: Jul 01, 2022
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Eastside

Stats & Trends

Median Asking:

$159,950

Sale Price/ft²

$134

Below Asking

0.03%

Average Days on Market

63

Average Home Size

591 ft²

Average Home Age

117 years

Currently For Sale

9 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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MichRIC

Listed by: Adam Atwood, Five Star Real Estate
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23005587
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 516 Trimble Avenue built and last sold?
The property at 516 Trimble Avenue was built in 1905 and last sold on Apr 11, 2023 for $145,000.
How much is this home worth?
The estimated value of the home located at 516 Trimble Avenue is $149,669.
What are some comparable homes to 516 Trimble Avenue?
There are currently no comparable homes to 516 Trimble Avenue.
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