NOT LISTED FOR SALE

5399 Penrose Ln Unit 76 Kalamazoo, MI 49009

Estimated Value: $338,000 - $392,000

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

Last Sold September 15, 2017

Last sale price $260,375 $111 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,339/month

3 Days on Market

Highlights

  • Under Construction
  • Recreation Room
  • SEER Rated 13+ Air Conditioning Units
  • Deck
  • 2 Car Attached Garage
  • Living Room

About This Home

As of September 2017

New construction condo at Redstone Farms! Upon entering this 3 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 with plenty of storage. The main level features laminate wood flooring throughout the kitchen and entryway. The spacious living room flows into the four-season room with fantastic wooded views. Additional features to the main floor include a spacious master suite with a private bathroom, main floor laundry room, a second bedroom and a powder bathroom. The finished daylight lower level provides additional living space with a large family room, bedroom three and another full bathroom. Green vistas, rail fencing, and towering oaks add to the tranquil setting for the ranch condominiums at Redstone Farms. The natural beauty of this community is enhanced by the lush golf course, which borders the property on two sides. Although nestled in nature, Redstone Farms is only minutes from shopping, restaurants, and other amenities.

Last Agent to Sell the Property

Alexa DeVos

DeVos Realty LLC License #6501388300 Listed on: 06/10/2017

Last Buyer's Agent

Craig Hart

Jaqua, REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,500

Year Built

  • Built in 2017 | Under Construction

Lot Details

  • Property fronts a private road
  • Private Entrance
  • Shrub
  • Sprinkler System

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Living Room
  • Dining Area
  • Recreation Room
  • Laundry on main level

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 3 Full Bathrooms

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
  • Cable TV Available

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

$3,500

Year Built

Built in 2017 | Under Construction

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
  • 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: 3500.0
  • Tax Info:Zoning3: Residential
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Refrigerators: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Construction Status: Under Construction
  • Air Conditioning:SEER 13 or Greater: Yes
  • General Property Info:Fireplace: No
  • 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: Private
  • General Property Info:Pets YN: Yes
  • General Property Info:SqFt Above Grade: 1478.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Oven, Range, Refrigerator
  • Interior Amenities: Garage Door Opener, Center Island, Pantry
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 2
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Daylight
  • LivingArea: 2340.0
  • 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:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Center Island: Yes
  • Kitchen Features Pantry: Yes
  • Appliances Dishwasher: Yes
  • Below Grade Sq Ft: 862.0

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Home Warranty: Yes
  • List Price: 271285.0
  • Patio and Porch Features: Deck
  • Road Frontage Type: Private Road
  • 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, Cable 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
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3500.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2017
Closed on
Sep 14, 2017
Sold by
Redstone Homes Llc
Bought by
Elizabeth Barbara Fuller Revocable Livin
Seller's Agent
Alexa DeVos
DeVos Realty LLC
Buyer's Agent
Craig Hart
Jaqua, REALTORS
List Price
$271,285
Sold Price
$260,375
Premium/Discount to List
-$10,910
-4.02%
Current Estimated Value
$365,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,083
Avg. Annual Appreciation
4.89%

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
$196,845
Interest Rate
4.09%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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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
Elizabeth Barbara Fuller Revocable Livin $260,375 Attorney
Redstone Land Development Llc -- Sun Title
Redstone Homes Llc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Redstone Homes Llc $196,845
Previous Owner Redstone Land Development Llc $499,347
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2017 09/15/17 Sold $260,375 -4.0% $111 / Sq Ft
06/13/2017 06/13/17 Pending -- -- --
06/10/2017 06/10/17 For Sale $271,285 -- $116 / 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 $1,537 $155,800 $0 $0
2024 $1,537 $155,600 $0 $0
2023 $1,466 $149,800 $0 $0
2022 $5,807 $134,500 $0 $0
2021 $5,545 $133,800 $0 $0
2020 $5,289 $140,400 $0 $0
2019 $5,014 $121,800 $0 $0
2018 $4,941 $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: 17028009

Southwestern Michigan Association of REALTORS®

APN: 05-24-210-176