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1622 Olive St, Kalamazoo, MI, 49001

2beds
2baths
1,156sqft
$69,000
$60price/sqft
$704/moest. monthly cost
$28,160/yrincome needed

About This Home

Great opportunity to own a home and build some equity. This home has loads of potential for its next owner to take this house and make it a home. Property is located in a quiet neighborhood with a large yard on a dead end street. Home offers a convenient location and endless possibilities. Come see all the potential this property has before someone else makes it theirs!

Getting Around

62
WalkingSomewhat Walkable
0
TransitVery Limited Transit
50
BikeBikeable

Schools

Construction

Condition

  • Year built: 1911

Materials

  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: Common Area,Main Level

Basement

  • Has basement: Yes
  • Basement: Michigan Basement

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Finished area below ground: 0

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 1,156
  • Total interior livable area: 1,156 sqft

Property

Details

  • Parcel number: 0623420041

Features

  • Stories: 2

Lot

  • Lot size: 10,454 sqft
  • Lot size dimensions: 60 x 158.70

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hail
Inland Flooding
Lightning
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters in Kalamazoo County and Michigan

Severe Ice Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $348$4,176
Home Insurance *$48$576
Property Taxes $120$1,440
Electricity $188$2,259
Total$704$8,448
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$24,137/yr
40% on housing$21,120/yr
45% on housing$18,773/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: -4.9%
-4.9%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$60This listing

vs Other Active Listings

Avg $/sqft

ZIP 49001$88
Kalamazoo County$152

vs Homes Sold Last Month

Median $/sqft

ZIP 49001$140
Kalamazoo County$166

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-11Price change$74,000
2026-01-28Listed for sale$79,000
2025-01-02Sold$31,101
2002-11-04Sold$48,500

For Sale by Agent

AgentAshley Winston
BrokerageRE/MAX Perrett Associates

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