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Kalamazoo 49007 Vine
522 Potter Street
$95,000
● House - Off Market

522 Potter Street

Kalamazoo, MI 49007
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,320 Ft²
$136,021
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model

About This Property

Completely remodeled traditional, in the heart of the downtown/Vine neighborhood and with  a 1 car GARAGE!  This is a prime opportunity for a saavy investor, or a smart college student looking to own.  Original wood flooring throughout and ceramic tile in the bathroom.  The beautiful and ornate Oak staircase leads to 3 spacious bedrooms and bath.  Attic space provides additional storage.  Just minutes from shopping, coffee shops, breweries and the theater .  Don't miss out on this gem...schedule your private showing TODAY!
Unit Size
1,320 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$68
Property Type
House
Property Taxes
$131
HOA Dues
-
Year Built
1913

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #18019960)

Price History

Date / Event Date Event Price
Jan 27, 2022 Sold
Premium
Sold
Dec 9, 2021 Sold
Premium
Sold
Oct 20, 2021 Listed by Jaqua, REALTORS $130,000
Listed by Jaqua, REALTORS
Aug 24, 2018 Sold
Premium
Sold
Aug 14, 2018 No longer available -
No longer available
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1913
  • Effective Year Built: 1913
  • Bedroom Count: 3
  • 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 Count: 175
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 660
  • Garage Type: 7
  • Garage Square Area: 238
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,178
  • Lot Size Depth Feet: 220
  • Lot Size Frontage Feet: 330
  • Total Building Area: 1,334
  • Building Area: 1,334
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,334
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KAL INSTITUTE ADD
  • Land Acres: 0000000050
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: 26942 KAL INSTITUTE ADD S 2 R OF N 3 R OF LOT 14

Neighborhood

  • School District Name: Kalamazoo Public School District
  • School Tax School District: KALAMAZOO
  • Census Tract: 000201

Zoning

  • Zoning: RM-36

Geography

  • District: 0
  • Parcel: 06-22-110-005
  • Lot: 14
  • Municipality: KALAMAZOO CITY
  • Latitude: 42.2867
  • Longitude: -85.5885

    Address

  • Full Address: 522 Potter St
  • Address - House Number: 522
  • Address - Street Name: Potter
  • Address - Suffix Type: St
  • State: MI
  • City Name: Kalamazoo
  • Carrier Code: C035
  • 4-Digit Zip Code: 5126
  • Zip Code: 49007

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $129,278

    Appraisal Valuation

  • Standard Deviation: 0.2293
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 68
  • Final Value: 148,157
  • High Value: 182,136
  • Low Value: 114,178

    Market Valuation

  • Market Total Value: $100,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $50,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 09, 2021
  • Current Sale Recording Date: Jan 27, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3439
  • Previous Sale Recording Date: Aug 24, 2018
  • Previous Sale Contract Date: Jul 31, 2018
  • Previous Sale Amount: $95,000
  • 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 Vine

Stats & Trends

Median Asking:

$177,000

Sale Price/ft²

$112

Below Asking

0.03%

Average Days on Market

69

Average Home Size

738 ft²

Average Home Age

118.7 years

Currently For Sale

24 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

Unit for rent at 915 Walwood Place, Kalamazoo, MI, 49007

$1,400 /mo

  • 3 Beds
  • 1 Bath
  • 1,720 ft²
915 Walwood Place, Kalamazoo, MI, 49007 Listing by Marissa Harrington

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Nakisha Gilliam, Jaqua, REALTORS
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 18019960
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 522 Potter Street built and last sold?
The property at 522 Potter Street was built in 1913 and last sold on Dec 9, 2021 for $135,000.
How much is this home worth?
The estimated value of the home located at 522 Potter Street is $0.
What are some comparable homes to 522 Potter Street?
There are currently no comparable homes to 522 Potter Street.
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