NOT LISTED FOR SALE

1275 Redpine Way Kalamazoo, MI 49006

Arcadia Neighborhood

Estimated Value: $272,000 - $405,000

8 Beds
3 Baths
-- Sq Ft
0.28 Acres

Last Sold September 21, 2020

Last sale price $241,000

Est. 44% increase in value since last sale

Current estimated payment $2,563/month

11 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • High Speed Internet

About This Home

As of September 2020

Cash flowing Duplex! Awesome opportunity to own a great property near the campus of WMU. This duplex features 2 units, each with 4 bedrooms and 2.5 baths. Great open floor plan with in-unit laundry. Turn-key investment opportunity.

Last Agent to Sell the Property

Paul Bunce

Paul Bunce Real Estate License #6502415557 Listed on: 08/12/2020

Last Buyer's Agent

Jill Rothwell

Michigan Top Producers License #6501410798

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1998

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 52.49 x 135.50

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Crawl Space

Parking

  • 8 Parking Spaces
  • Paved Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • Separate Water Meter
  • Shared Water Meter
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for trash collection, water, sewer

Property Details

Home Type

Multi-Family

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1998
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 52.49 x 135.50
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 7753.0
  • Tax Info:Zoning3: RD-19
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Substructure:Crawl Space: Yes
  • Extras:Sep Gas Meter: Yes
  • Extras:Sep Water Meter: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Crawl Space
  • Basement: No

Exterior Features

  • Construction Materials: Vinyl Siding, Brick
  • List Price: 239000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 8.0
  • General Property Info:Total Parking Spaces: 8.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Storm Sewer Available, Natural Gas Available, Electric Available, Cable Available, Broadband Available, Natural Gas Connected, Electric Connected

Lot Info

  • Lot Size Acres: 0.28
  • Lot Size Area: 0.28
  • Lot Dimensions: 52.49 x 135.50
  • Lot Size Sq Ft: 12284.0
  • Zoning Description: RD-19
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electric, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 7753.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2020
Closed on
Sep 21, 2020
Sold by
Bishop Brad
Bought by
Nana Gillys
Seller's Agent
Paul Bunce
Paul Bunce Real Estate
Buyer's Agent
Jill Rothwell
Michigan Top Producers
List Price
$239,000
Sold Price
$241,000
Premium/Discount to List
$2,000
0.84%
Current Estimated Value
$345,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,968
Avg. Annual Appreciation
8.40%
Original Mortgage
$204,850
Outstanding Balance
$182,614
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$178,108

Purchase Details

Listed on
Jul 2, 2019
Closed on
Sep 9, 2019
Sold by
1275 1277 Red Pine Way Llc
Bought by
Bishop Brad
Seller's Agent
Rich Olson
Michigan Lakes Real Estate Team
Buyer's Agent
Paul Bunce
Keystone Home Group Realty LLC
List Price
$225,000
Sold Price
$229,500
Premium/Discount to List
$4,500
2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.77%
Original Mortgage
$195,075
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2015
Sold by
Mcclish Jason and Mcclish Andy
Bought by
1275-1277 Red Pine Way Llc

Purchase Details

Closed on
Feb 3, 2012
Sold by
Pensco Trust Co
Bought by
Mcclish Jason and Mclish Andy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,875
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2009
Sold by
Marasco Barry G and Marasco Kathleen
Bought by
The Bank Of New York

Purchase Details

Closed on
Jul 29, 2005
Sold by
Key Group Fire House Crossings Llc
Bought by
Marasco Barry G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,625
Interest Rate
5.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 2004
Sold by
Pioneer Holdings Llc
Bought by
Kiewiet Michael H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,800
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nana Gillys $241,000 Chicago Title Of Michigan In
Bishop Brad $229,500 Nations Title Agency
1275-1277 Red Pine Way Llc -- None Available
Mcclish Jason $138,500 Chicago Title Company
The Bank Of New York $210,375 None Available
Marasco Barry G $263,500 Consolidated Title
Key Group Fire House Crossings Llc -- Consolidated Title
Kiewiet Michael H $485,000 Title Bond
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nana Gillys $204,850
Previous Owner Bishop Brad $195,075
Previous Owner Mcclish Jason $103,875
Previous Owner Marasco Barry G $200,900
Previous Owner Marasco Barry G $57,400
Previous Owner Marasco Barry G $197,625
Previous Owner Kiewiet Michael H $388,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2020 09/21/20 Sold $241,000 +0.8% --
08/23/2020 08/23/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $239,000 +4.1% --
09/04/2019 09/04/19 Sold $229,500 +2.0% --
07/09/2019 07/09/19 Pending -- -- --
07/02/2019 07/02/19 For Sale $225,000 -- --
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,829 $168,700 $0 $0
2024 $4,200 $159,000 $0 $0
2023 $4,280 $145,200 $0 $0
2022 $8,259 $133,400 $0 $0
2021 $9,071 $128,600 $0 $0
2020 $9,262 $132,300 $0 $0
2019 $6,725 $134,100 $0 $0
2018 $6,802 $114,900 $0 $0
2017 $6,796 $109,600 $0 $0
2016 $6,796 $108,100 $0 $0
2015 $6,796 $105,600 $0 $0
2014 $6,796 $99,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Paul Bunce

    Seller's Agent in 2020

    Paul Bunce

    Paul Bunce Real Estate

    (616) 644-2969

    2 in this area

    96 Total Sales

    Paul Bunce
    Section Image
  • Jill Rothwell

    Buyer's Agent in 2020

    Jill Rothwell

    Michigan Top Producers

    (616) 856-8576

    1 in this area

    64 Total Sales

    Jill Rothwell
    Section Image

  • R

    Buyer Co-Listing Agent in 2020

    Rebecca Uson

    Epique Realty

    Section Image

  • R

    Seller's Agent in 2019

    Rich Olson

    Michigan Lakes Real Estate Team

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20032570

Southwestern Michigan Association of REALTORS®

APN: 06-19-421-021

Michigan Kalamazoo County Kalamazoo 49006 Arcadia

1275 Redpine Way, Kalamazoo, MI

This home is located at 1275 Redpine Way, Kalamazoo, MI 49006 since 12 August 2020 and is currently estimated at $345,968. This property was built in 1998. 1275 Redpine Way is a home located in Kalamazoo County with nearby schools including Arcadia Elementary School, Linden Grove Middle School, and Kalamazoo Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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