NOT LISTED FOR SALE

2907 Redwood Ave Unit 1-2 Kalamazoo, MI 49006

Knollwood Neighborhood

Estimated Value: $557,072 - $668,000

12 Beds
5 Baths
-- Sq Ft
0.26 Acres

Last Sold October 25, 2019

Last sale price $450,000

Est. 37% increase in value since last sale

Current estimated payment $4,598/month

35 Days on Market

Highlights

  • 0.26 Acre Lot
  • High Speed Internet
  • 4-minute walk to Knollwood Park
  • Forced Air Heating and Cooling System

About This Home

As of October 2019

Looking for a solid investment? Here is the perfect income-producing property! It's quality 2 unit , each unit has 6-bedroom, 4-1/2 bath with ample parking. Fully rented year after year. The absolute most desired rental WMU has. Brings in $5,550 a month! Take advantage of ultra low interest rates and start to secure your future with a solid investment. Let someone else buy you a house! Then in 15 years sell it for huge pay day or live off the rent.

Last Agent to Sell the Property

Brendon Zabavski

RE/MAX Advantage Listed on: 07/30/2019

RE/MAX Advantage

Co-Listed By

Julie Becker-Zabavski

RE/MAX Advantage License #6501284339

Last Buyer's Agent

Missy Dahlinger

Berkshire Hathaway HomeServices MI

Berkshire Hathaway HomeServices MI

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $9,603

Year Built

  • Built in 2007

Lot Details

  • 0.26

Parking

  • 14 Parking Spaces

Home Design

  • Composition Roof

Utilities

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

Additional Features

  • Natural lighting in basement
  • 0.26 Acre Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for water, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$9,603

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Daylight

Exterior Features

  • List Price: 538000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 14.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Cable Connected, Telephone Line, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.26
  • Lot Size Area: 0.26
  • Lot Size Sq Ft: 11195.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Water, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 9603.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2023
Sold by
Falk William James and Falk Rachel Erin
Bought by
2907 Redwood Ave 2 Units Llc
Current Estimated Value
$617,518

Purchase Details

Closed on
Jun 28, 2023
Sold by
Abk Property Llc
Bought by
Falk William James and Falk Rachel Erin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 30, 2019
Closed on
Dec 23, 2019
Sold by
Holmund Karl
Bought by
Abk Property Llc
Seller's Agent
Brendon Zabavski
RE/MAX Advantage
Buyer's Agent
Missy Dahlinger
Berkshire Hathaway HomeServices MI
List Price
$578,000
Sold Price
$450,000
Premium/Discount to List
-$128,000
-22.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.38%
Original Mortgage
$337,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 30, 2019
Closed on
Oct 25, 2019
Sold by
Ramey S Rentals Llc
Bought by
Holmlund Karl and Clark Jeffrey
Seller's Agent
Brendon Zabavski
RE/MAX Advantage
Buyer's Agent
Missy Dahlinger
Berkshire Hathaway HomeServices MI
List Price
$578,000
Sold Price
$450,000
Premium/Discount to List
-$128,000
-22.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2011
Sold by
Redwood Townhouses Llc
Bought by
Rameys Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
4.52%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 22, 2005
Sold by
Bigelow Bernice F and Bigelow Paul K
Bought by
Redwood Townhouses Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
5.87%
Mortgage Type
Unknown
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
2907 Redwood Ave 2 Units Llc -- None Listed On Document
Falk William James $539,000 Chicago Title Of Michigan
Abk Property Llc -- None Available
Holmlund Karl $450,000 Title Resource Agency
Rameys Rentals Llc -- Devon Title
Redwood Townhouses Llc $205,000 Metropolitan Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Falk William James $356,250
Previous Owner Clark Jeffrey $337,500
Previous Owner Rameys Rentals Llc $235,000
Previous Owner Redwood Townhouses Llc $216,007
Previous Owner Redwood Townhouses Llc $562,500
Previous Owner Redwood Townhouses Llc $205,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2019 10/25/19 Sold $450,000 -22.1% --
09/03/2019 09/03/19 Pending -- -- --
07/30/2019 07/30/19 For Sale $578,000 -- --
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 $16,047 $242,800 $0 $0
2024 $6,790 $228,400 $0 $0
2023 $5,691 $207,600 $0 $0
2022 $13,068 $190,100 $0 $0
2021 $12,639 $182,800 $0 $0
2020 $12,870 $187,100 $0 $0
2019 $9,732 $189,800 $0 $0
2018 $9,507 $166,400 $0 $0
2017 $9,589 $158,300 $0 $0
2016 $9,589 $157,400 $0 $0
2015 $9,589 $145,000 $0 $0
2014 $9,589 $152,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brendon Zabavski

    Seller's Agent in 2019

    Brendon Zabavski

    RE/MAX Michigan

    (269) 720-9951

    172 Total Sales

    Brendon Zabavski
    Section Image
  • Julie Becker-Zabavski

    Seller Co-Listing Agent in 2019

    Julie Becker-Zabavski

    RE/MAX Michigan

    (269) 217-1872

    136 Total Sales

    Julie Becker-Zabavski
    Section Image
  • Missy Dahlinger

    Buyer's Agent in 2019

    Missy Dahlinger

    Berkshire Hathaway HomeServices MI

    (269) 358-3800

    4 in this area

    68 Total Sales

    Missy Dahlinger
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19036138

Southwestern Michigan Association of REALTORS®

APN: 06-20-318-200

Michigan Kalamazoo County Kalamazoo 49006 Knollwood

2907 Redwood Ave Unit 1-2, Kalamazoo, MI

This home is located at 2907 Redwood Ave Unit 1-2, Kalamazoo, MI 49006 since 30 July 2019 and is currently estimated at $617,518. This property was built in 2007. 2907 Redwood Ave Unit 1-2 is a home located in Kalamazoo County with nearby schools including Woodward School for Technology & Research, Maple Street Magnet School for the Arts, and Loy Norrix 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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