$229,500
SOLD SEP 4, 2019

1275 Redpine Way Kalamazoo, MI 49006

Arcadia Neighborhood
-- Bed
-- Bath
-- Sq Ft
0.28 Acres

Recently Sold

2% Above List Price

7 Days on Market

About This Home

As of September 2020

Calling all Investors - Investment Opportunity Awaits! Located near the campus of Western Michigan University in the popular Jack Pine neighborhood, this 2 unit Duplex features 8 bedrooms, 4 bathrooms and 2 half baths. Spacious kitchen and floor plan with a new large deck out the back for entertaining and BBQs - check this one out to day!

Last Agent to Sell the Property

Rich Olson

Michigan Lakes Real Estate Team License #6501381323 Listed on: 07/02/2019

Last Buyer's Agent

Paul Bunce

Keystone Home Group Realty LLC

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1998

Parking

  • 8 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof

Basement

  • Crawl Space

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Tenant pays for water, sewer, gas

Property Details

Home Type

Apartment

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
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space

Exterior Features

  • Construction Materials: Brick
  • List Price: 225000.0
  • Number of Buildings: 2
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Cable Connected

Lot Info

  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 6637.0
  • Tax Year: 2018

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
Not Available
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 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

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: 19030517

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 and is currently priced at $229,500. 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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