NOT LISTED FOR SALE

5311 Penrose Ln Unit 71 Kalamazoo, MI 49009

Estimated Value: $280,000 - $309,000

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. 17% increase in value since last sale

Current estimated payment $1,759/month

32 Days on Market

Highlights

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

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 Listed By

Jim Hess

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

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
  • Living Room
  • Recreation Room
  • Natural lighting in basement
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

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
  • Stories: 1
  • Year Built: 2005
  • ResoPropertyType: Residential
  • 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

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • 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%
Total Days on Market
32
Views
143
Current Estimated Value
$293,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,624
Avg. Annual Appreciation
6.84%

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

Range of Values:

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Average Value
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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 $40,000
Previous Owner Arguello Betzaida C $144,661
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
06/18/2019 06/18/19 Pending -- -- --
05/20/2019 05/20/19 For Sale $215,000 -- $161 / Sq Ft
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
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

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22042663

Southwestern Michigan Association of REALTORS®

APN: 05-24-210-071