NOT LISTED FOR SALE

1291 Redpine Way Kalamazoo, MI 49006

Arcadia Neighborhood

Estimated Value: $236,000 - $440,000

-- Bed
2 Baths
-- Sq Ft
9,591 Sq Ft Lot

Last Sold April 12, 2013

Last sale price $156,000

Est. 115% increase in value since last sale

Current estimated payment $2,360/month

169 Days on Market

About This Home

As of April 2013

This duplex generates $2400 per month and would be either a good investment or a great choice for a student to live in and rent out remaining units. Property is in very good condition and has been maintained well. This duplex is located off of W. Michigan Ave only a mile from campus of WMU. Building is only 16 years old and quick to rent.

Last Agent to Sell the Property

Ryan Rider

Berkshire Hathaway HomeServices MI License #6501273398 Listed on: 06/01/2012

Berkshire Hathaway HomeServices MI

Last Buyer's Agent

Mitzi Krause

Century 21 Affiliated License #no data

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1996

Lot Details

  • 9,591 Sq Ft Lot

Parking

  • 8 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof

Utilities

  • Forced Air Heating System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, water, trash collection, sewer, gas

Property Details

Home Type

Apartment

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1996
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab

Exterior Features

  • Construction Materials: Brick
  • List Price: 169900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Cable Connected, Broadband

Lot Info

  • Lot Size Acres: 0.22
  • Lot Size Area: 0.22
  • Lot Size Sq Ft: 9591.0

Rental Info

  • Tenant Pays: Electricity, Water, Trash Collection, Sewer, Gas

Tax Info

  • Tax Annual Amount: 6154.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2020
Sold by
Smutek Kevin
Bought by
Fintek Llc
Current Estimated Value
$335,409

Purchase Details

Listed on
Jun 1, 2012
Closed on
Apr 12, 2013
Sold by
Island City Properties Llc
Bought by
Smutek Kevin
Seller's Agent
Ryan Rider
Berkshire Hathaway HomeServices MI
Buyer's Agent
Mitzi Krause
Century 21 Affiliated
List Price
$169,900
Sold Price
$156,000
Premium/Discount to List
-$13,900
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.99%
Original Mortgage
$117,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2009
Sold by
Marasco Barry G and Marasco Kathleen
Bought by
Jpmorgan Chase Bank National Association and Washington Mutual Bank

Purchase Details

Closed on
Sep 25, 2008
Sold by
Marasco Barry G and Marasco Kathleen
Bought by
Washington Mutual Bank and Washington Mutual Bank Fa

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
$48,000
Interest Rate
5.93%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 1, 2004
Sold by
Pioneer Holdings Llc
Bought by
Key Group Fire House Crossings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 2002
Sold by
Crest Residential Properties Llc
Bought by
Coleman Dolores M
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 Buyer Sale Price Title Company
Fintek Llc -- None Available
Smutek Kevin $156,000 Ppr Title Agency
Jpmorgan Chase Bank National Association $249,250 None Available
Washington Mutual Bank $105,000 None Available
Marasco Barry G $263,500 Consolidated Title
Key Group Fire House Crossings Llc $725,000 Devon
Coleman Dolores M -- Devon
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smutek Kevin $117,000
Previous Owner Marasco Barry G $48,000
Previous Owner Marasco Barry G $197,625
Previous Owner Key Group Fire House Crossings Llc $555,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2013 04/12/13 Sold $156,000 -8.2% --
11/17/2012 11/17/12 Pending -- -- --
06/01/2012 06/01/12 For Sale $169,900 -- --
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 $7,066 $143,000 $0 $0
2024 $2,964 $135,200 $0 $0
2023 $3,274 $123,900 $0 $0
2022 $6,352 $114,000 $0 $0
2021 $6,440 $110,000 $0 $0
2020 $6,291 $113,600 $0 $0
2019 $5,917 $115,000 $0 $0
2018 $5,671 $101,900 $0 $0
2017 $5,194 $97,400 $0 $0
2016 $5,194 $95,900 $0 $0
2015 $5,194 $81,500 $0 $0
2014 $5,194 $90,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ryan Rider

    Seller's Agent in 2013

    Ryan Rider

    Berkshire Hathaway HomeServices MI

    (269) 344-8599

    1 in this area

    89 Total Sales

    Ryan Rider
    Section Image

  • M

    Buyer's Agent in 2013

    Mitzi Krause

    Century 21 Affiliated

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12030575

Southwestern Michigan Association of REALTORS®

APN: 06-19-421-001

Michigan Kalamazoo County Kalamazoo 49006 Arcadia

1291 Redpine Way, Kalamazoo, MI

This home is located at 1291 Redpine Way, Kalamazoo, MI 49006 since 01 June 2012 and is currently estimated at $335,409. This property was built in 1996. 1291 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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