NOT LISTED FOR SALE

5397 Penrose Ln Unit 75 Kalamazoo, MI 49009

Estimated Value: $303,000 - $420,000

2 Beds
2.5 Baths
2,340 Sq Ft
$220/mo HOA Fee

Last Sold November 01, 2017

Last sale price $299,150 $128 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,305/month

27 Days on Market

Highlights

  • Newly Remodeled
  • Recreation Room
  • SEER Rated 13+ Air Conditioning Units
  • Deck
  • 2 Car Attached Garage
  • Kitchen Island

About This Home

As of November 2017

New condo at Redstone Farms! Upon entering this 2 bedroom, 2.5 bathroom condo, you will find a gourmet kitchen complete with granite countertops, a walk-in pantry, center island and high quality cabinetry for plenty of storage. Additional features on the main level include luxury laminate wood flooring that flows into the spacious living room with a gas fireplace. Just off the living room you will enter into the four-seasons that also leads to the deck. The main floor master suite offers you plenty of space to unwind and the master bathroom gives you a spa like experience with a luxury tile shower. The main floor also features an office/den and a convenient main floor laundry room.

Last Agent to Sell the Property

Alexa DeVos

DeVos Realty LLC License #6501388300 Listed on: 08/17/2017

Last Buyer's Agent

Shelly Pattison

RE/MAX Advantage License #6501250397

RE/MAX Advantage

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,358

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • Property fronts a private road
  • Shrub
  • Sprinkler System

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Gas Log Fireplace
  • Low Emissivity Windows
  • Window Screens
  • Living Room with Fireplace
  • Dining Area
  • Recreation Room
  • Laminate Flooring
  • Laundry on main level

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom

Basement

  • 1 Bedroom in Basement
  • Natural lighting in basement

Utilities

  • SEER Rated 13+ Air Conditioning Units
  • SEER Rated 13-15 Air Conditioning Units
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Deck
  • Mineral Rights Excluded

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Overview

  • Association fees include water, trash, snow removal, sewer, lawn/yard care
  • $440 HOA Transfer Fee
  • Redstone Farms Condos

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,358

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

HOA Fees

$220 per month

Parking

2

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: Yes
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 2017
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:New Construction2: Yes
  • General Property Info:Lot Dimensions: 0.000
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2340.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 4358.0
  • Tax Info:Zoning3: Res
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Construction Status: Completed
  • Air Conditioning:SEER 13 or Greater: Yes
  • Windows:Low Emissivity Windows: Yes
  • Windows:Screens: Yes
  • General Property Info:Fireplace: Yes
  • Appliances Microwave: Yes
  • Water Heater:Natural Gas4: Yes
  • Landscape:Underground Sprinkler: Yes
  • Additional Items:Home Warranty: Yes
  • Mineral Rights:No: Yes
  • Substructure:Daylight: Yes
  • General Property Info:Condo Proj Name: Redstone Farms
  • General Property Info:Entry Type: Gated
  • General Property Info:Pets YN: Yes
  • General Property Info:SqFt Above Grade: 1478.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Flooring:Laminate Floor: Yes
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range
  • Flooring: Laminate
  • Interior Amenities: Garage Door Opener, Center Island, Pantry
  • Fireplace Features: Gas Log, Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 2
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Daylight
  • LivingArea: 2340.0
  • Window Features: Low-Emissivity Windows, Screens
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Basement Bedrooms: 1
  • Basement Rooms:Basement Full Baths: 1
  • Basement Rooms:Basement Finished SQFT: 862.0
  • Basement Rooms:Total Basement SQFT: 1310.0
  • Appliances Range: Yes
  • Kitchen Features:Center Island: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Gas Log: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Below Grade Sq Ft: 862.0

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Home Warranty: Yes
  • List Price: 299150.0
  • Patio and Porch Features: Deck
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Brick: Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air, SEER 13 or Greater
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 220.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 220.0
  • Association Info:Assoc Buy in Fee: 440
  • Association Info:Assoc Fee Payable: Monthly
  • General Property Info:Association Contact: Chris 616-874-3371

Fee Information

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

Lot Info

  • Lot Dimensions: 0.000
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4358.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2017
Closed on
Oct 27, 2017
Sold by
Redstone Homes Llc
Bought by
Vail Sandra J
Seller's Agent
Alexa DeVos
DeVos Realty LLC
Buyer's Agent
Shelly Pattison
RE/MAX Advantage
List Price
$299,150
Sold Price
$299,150
Current Estimated Value
$358,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,822
Avg. Annual Appreciation
3.30%
Original Mortgage
$179,150
Outstanding Balance
$149,294
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$236,307

Purchase Details

Closed on
May 8, 2017
Sold by
Redstone Group Kalamazoo Partners Llc
Bought by
Redstone Land Development Llc

Purchase Details

Closed on
Mar 1, 2017
Sold by
Redstone Land Development Llc
Bought by
Redstone Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,232
Interest Rate
4.09%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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
Vail Sandra J $299,150 None Available
Redstone Land Development Llc -- Sun Title
Redstone Homes Llc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vail Sandra J $179,150
Previous Owner Redstone Homes Llc $202,232
Previous Owner Redstone Land Development Llc $499,347
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2017 11/01/17 Sold $299,150 0.0% $128 / Sq Ft
09/13/2017 09/13/17 Pending -- -- --
08/17/2017 08/17/17 For Sale $299,150 -- $128 / 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
2025 $1,542 $160,100 $0 $0
2024 $1,542 $159,900 $0 $0
2023 $1,471 $154,000 $0 $0
2022 $5,826 $135,000 $0 $0
2021 $5,563 $134,300 $0 $0
2020 $5,306 $140,900 $0 $0
2019 $5,031 $122,200 $0 $0
2018 $4,957 $16,800 $0 $0
2017 $0 $16,800 $0 $0
2016 -- $16,800 $0 $0
2015 -- $16,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17041599

Southwestern Michigan Association of REALTORS®

APN: 05-24-210-175