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1516 Fairbanks Ct, Kalamazoo, MI, 49048

$147,000

Home List Price

$1,746*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,082 SqFt
$136/SqFt
House

Location

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1516 Fairbanks Ct, Kalamazoo$147,000

Buyer Closing Credits

$1,746*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDetached
Year Built1915
HeatingNatural Gas, Forced Air
BasementYes
MLS #68024059488
Lot Size0.11 Acres
StatusActive

About 1516 Fairbanks Ct

Welcome to this timeless 1915 charmer, nestled on a peaceful, tree-lined street where neighbors have been part of the community for over two decades. The inviting curb appeal and classic, full-length covered front porch create a welcoming first impression.Inside, the main level highlights beautifully restored hardwood floors that bring warmth and character to each room. The kitchen has been thoughtfully reimagined, now partially open to the dining area with a half wall and a bar top, ideal for casual meals or gatherings. Just off the kitchen, a spacious mudroom with a convenient half bath offers easy access to the backyard and rear entrance.Upstairs, you'll find two generous bedrooms, a cozy third bedroom, and a full bath with ample closet space. The backyard provides a private retreat, fully fenced with a single-car detached garage equipped with electricity. The basement is clean and dry, offering additional usable space. With replacement windows and a furnace less than 10 years old, this home is move-in ready. Located in the Kalamazoo Promise School District, it perfectly balances classic charm with thoughtful updates, waiting for its next chapter.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1915
  • Stories: 2
  • Living Area: 1,082 SqFt

Listing Office:

  • Office Name: Michigan Top Producers
  • Office Phone: (269) 222-2550
  • Listing Agent: David Lambe Elevate Team

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Laundry Facility

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: From the intersection of Sprinkle Rd and East Main, go west on East Main. Go west on Humphrey then south on Fairbanks Ave. Go east on Fairbanks Ct to home.

Price Information

Listing Price Info

Price Summary:

  • List Price: $147,000
  • Price Per SqFt: $136/SqFt

Tax Information:

  • Annual Amount: $1,156
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$227.3K

Med. Price/SqFt

$172

Avg. Days On Market

28

# of Sold Homes

132

1516 Fairbanks Ct vs Kalamazoo

1 DAY ON ROCKET

-27 Days

$147,000

-$80.3K Less

$136/SqFt

-$36 Less

KEY TAKEAWAY

This property is $80.3K less than the Median Sold Price and $36/SqFt less than other homes in Kalamazoo, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: St. Joseph County Association of REALTORS®
  • MLS Number: #68024059488

Listing Office:

  • Office Name: Michigan Top Producers
  • Office Phone: (269) 222-2550
  • Listing Agent: David Lambe Elevate Team

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 1:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 28, 2018Home Sold
$77,000
Jun 20, 2017Home Sold
$280,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,156$22,500
2020$1,209$20,400
2019$1,209$16,500
2018 - $18,100
2017 - $18,500

History based on county public records data.

Payment Calculator

$801

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$507

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NMLS#3030

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.

Nearby Schools

school-card-donut-372418
3
/10
  • Northeastern Elementary School

  • 2433 Gertrude St

  • 0.87 miles

  • Public District Grades PK-5

school-card-donut-372419
4
/10
  • Lincoln International Studies School

  • 912 N Burdick St

  • 1.14 miles

  • Public Magnet Grades PK-5

school-card-donut-372420
3
/10
  • Edison Academy

  • 924 Russell St

  • 1.19 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,678. The majority of Kalamazoo, MI residents have income between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1516 Fairbanks Ct

What is the listing price of this property?

The listing price of 1516 Fairbanks Ct property is $147,000.

What type of property is this?

The property 1516 Fairbanks Ct is a house located in Kalamazoo, Michigan, 49048.

Is this property for sale now?

Active Listing: 1516 Fairbanks Ct is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,156 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 28, 2018 for $77,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1516 Fairbanks Ct has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 1516 Fairbanks Ct is 1,082 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1516 Fairbanks Ct is 1915.

Rocket HomesMichiganKalamazoo CountyKalamazoo490481516 Fairbanks Ct

This home is located at 1516 Fairbanks Ct in Kalamazoo, MI and zip code 49048 in the Eastside neighborhood. This 1,082 square foot home, which was built in 1915, sits on a 0.11 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $147,000.

Over 38 listings were sold over their listed price in October 2024 in Kalamazoo, MI. In the same period over 65 listings were sold below the listed price and 29 listings were sold for the listed price. Between September 2024 and October 2024, Kalamazoo, MI real estate market has seen increase in the number of listings by 5.7%. Listings spent 28 days on the market in October 2024, and had a median list price of $227,301 during the same period.

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

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