Seller's Agent in 2020
Paul Bunce
Paul Bunce Real Estate
(616) 644-2969
2 in this area
96 Total Sales
1275 Redpine Way Kalamazoo, MI 49006
Arcadia Neighborhood
--
Bed
--
Bath
--
Sq Ft
0.28
Acres
Highlights
- 1 Fireplace
- Forced Air Heating and Cooling System
- High Speed Internet
About This Home
As of September 2020Cash 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 Real Estate License #6502415557 Listed on: 08/12/2020
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
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
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $241,000 | Chicago Title Of Michigan In | |
| Warranty Deed | $229,500 | Nations Title Agency | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | $138,500 | Chicago Title Company | |
| Sheriffs Deed | $210,375 | None Available | |
| Warranty Deed | $263,500 | Consolidated Title | |
| Quit Claim Deed | -- | Consolidated Title | |
| Warranty Deed | $485,000 | Title Bond |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $204,850 | New Conventional | |
| Previous Owner | $195,075 | New Conventional | |
| Previous Owner | $103,875 | New Conventional | |
| Previous Owner | $200,900 | Negative Amortization | |
| Previous Owner | $57,400 | Credit Line Revolving | |
| Previous Owner | $197,625 | Purchase Money Mortgage | |
| Previous Owner | $388,800 | Purchase Money Mortgage |
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
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
-
Jill Rothwell
Buyer's Agent in 2020
Jill Rothwell
Michigan Top Producers
(616) 856-8576
1 in this area
64 Total Sales
-
R
Buyer Co-Listing Agent in 2020
Rebecca Uson
Epique Realty
-
R
Seller's Agent in 2019
Rich Olson
Michigan Lakes Real Estate Team
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 20032570
APN: 06-19-421-021
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