NOT LISTED FOR SALE

5311 Penrose Ln Unit 71 Kalamazoo, MI 49009

Estimated Value: $290,585 - $342,000

2 Beds
1.5 Baths
1,636 Sq Ft
1,307 Sq Ft Lot

Last Sold December 23, 2022

Last sale price $250,000 $153 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,139/month

32 Days on Market

Highlights

  • Recreation Room
  • Living Room
  • Forced Air Heating System
  • 2 Car Attached Garage
  • Laundry Room
  • Dining Room

About This Home

As of December 2022

Enjoy maintenance free living in this well maintained condominium home in the area's premier westside destination in Redstone Farms. Exciting floorplan that features an abundance of natural light. Great room offers cathedral ceilings and hardwood floors. Excellent working kitchen has ample counter and cabinet space and walk-in pantry. Formal dining area flows nicely from the kitchen area. Spacious primary bedroom suite with double vanities and walk-in closet. Laundry and second bedroom/office complete the main level. Lower level has family room rec room plumbed for full bath plus ample storage. Enjoy the serene prairie setting from the expansive deck. Superior Westside location convenient to everything.

Last Agent to Sell the Property

Jim Hess

Jaqua, REALTORS License #6501247240 Listed on: 10/04/2022

Jaqua, REALTORS

Last Buyer's Agent

Kevan Hess

Jaqua, REALTORS License #6501378715

Jaqua, REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,940

Year Built

  • Built in 2005

Lot Details

  • 1,307

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,636 Sq Ft Home
  • 1-Story Property
  • Low Emissivity Windows
  • Family Room
  • Living Room
  • Dining Room
  • Recreation Room
  • Natural lighting in basement

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Property has a Home Owners Association
  • Association fees include water, trash, snow removal, sewer, lawn/yard care

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,940

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 2005
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • OfficeContract Info:List PriceSqFt2: 201.59
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: Condo
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1636.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 4940.0
  • Tax Info:Zoning3: RE
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Windows:Low Emissivity Windows: Yes
  • General Property Info:Fireplace: No
  • Roofing:Shingle: Yes
  • Substructure:Daylight: Yes
  • General Property Info:SqFt Above Grade: 1336.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Daylight
  • LivingArea: 1636.0
  • Window Features: Low-Emissivity Windows
  • General Property Info:Stories2: 1.0

Exterior Features

  • Construction Materials: Brick
  • List Price: 269329.0
  • Roof: Composition, Shingle
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 260.0
  • Association: Yes

Association/Amenities

  • Association Info:Approx Assoc Fee2: 260.0

Fee Information

  • Association Fee Includes: Water, Trash, Snow Removal, Sewer, Lawn/Yard Care

Lot Info

  • Lot Size Acres: 0.03
  • Lot Size Area: 0.03
  • Lot Dimensions: Condo
  • Lot Size Sq Ft: 1336.0
  • Zoning Description: RE
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4940.0
  • Tax Year: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2022
Closed on
Dec 22, 2022
Sold by
Devries Debra
Bought by
Deborah Lee Stephenson Trust
Seller's Agent
Jim Hess
Jaqua, REALTORS
Buyer's Agent
Kevan Hess
Jaqua, REALTORS
List Price
$289,329
Sold Price
$250,000
Premium/Discount to List
-$39,329
-13.59%
Views
143
Current Estimated Value
$315,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,646
Avg. Annual Appreciation
8.38%

Purchase Details

Listed on
May 20, 2019
Closed on
Aug 2, 2019
Sold by
Arguello Betzaida C
Bought by
Arndt Raymond and Arndt Kathleen C
Seller's Agent
Vicki Okuniewski
Berkshire Hathaway HomeServices MI
Buyer's Agent
Mary Beth Sons
Redzone Realty Group, LLC
List Price
$215,000
Sold Price
$210,000
Premium/Discount to List
-$5,000
-2.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.28%
Original Mortgage
$168,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2005
Sold by
Redstone Group Kalamazoo Partners Llc
Bought by
Arguello Betzaida C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,661
Interest Rate
5.8%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Deborah Lee Stephenson Trust $250,000 --
Arndt Raymond $210,000 None Available
Arguello Betzaida C $180,826 Transnation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arndt Raymond $168,000
Previous Owner Arguello Betzaida C $144,661
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/23/2022 12/23/22 Sold $250,000 -7.2% $153 / Sq Ft
11/05/2022 11/05/22 Pending -- -- --
10/19/2022 10/19/22 Price Changed $269,329 -6.9% $165 / Sq Ft
10/04/2022 10/04/22 For Sale $289,329 +37.8% $177 / Sq Ft
08/02/2019 08/02/19 Sold $210,000 -2.3% $157 / Sq Ft View Prior Sale
06/18/2019 06/18/19 Pending -- -- --
05/20/2019 05/20/19 For Sale $215,000 -- $161 / Sq Ft
Source: MichRIC

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 $5,751 $128,900 $0 $0
2024 $1,383 $128,900 $0 $0
2023 $1,337 $124,500 $0 $0
2022 $4,994 $111,800 $0 $0
2021 $4,948 $112,300 $0 $0
2020 $5,024 $117,900 $0 $0
2019 $3,679 $102,900 $0 $0
2018 $3,593 $104,000 $0 $0
2017 $0 $104,000 $0 $0
2016 -- $94,100 $0 $0
2015 -- $88,600 $15,000 $73,600
2014 -- $88,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jim Hess

    Jaqua, REALTORS

    (269) 207-4135

    45 in this area

    198 Total Sales

    Jim Hess
    Section Image
  • Kevan Hess

    Buyer's Agent in 2022

    Kevan Hess

    Jaqua, REALTORS

    (269) 998-2482

    41 in this area

    233 Total Sales

    Kevan Hess
    Section Image

  • V

    Seller's Agent in 2019

    Vicki Okuniewski

    Berkshire Hathaway HomeServices MI

  • Mary Beth Sons

    Buyer's Agent in 2019

    Mary Beth Sons

    Redzone Realty Group, LLC

    (269) 330-4621

    1 in this area

    112 Total Sales

    Mary Beth Sons
    Section Image
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Map

Source: MichRIC

MLS Number: 22042663

MichRIC

APN: 05-24-210-071

Michigan Kalamazoo County Kalamazoo 49009

5311 Penrose Ln Unit 71, Kalamazoo, MI

Not Listed for Sale

Condos

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