tomo logo

$415,000

Beds
8
Baths
5.0
sq ft
3,120

1275 1277 Redpine Way, Kalamazoo, MI 49006

1275 1277 Redpine Way

Kalamazoo, MI 49006

  • 11 days on market
MULTI UNIT duplex, 2 dwelling units side by side, 4 spacious bedrooms and 2.5 baths on each side includes in-unit laundry. Great floor plan that flows with a bedroom, laundry and half bath on the main floor. Owners unit includes these updates: flooring, fresh paint, refrigerator, and furnace. Reserved parking for tenants. Catch the Metro bus or walk a mile to the campus, stadium or Corner @Drake to classes, sporting events, or shopping. Enjoy the outdoors on the deck. Great investment opportunity in Arcadia Pines, conveniently and centrally located between major shopping and West Michigan University! Easy access to Hwy 131. Also listed as multiple family unit, MLS#24056288. Go Broncos!

Details

Property type

Single Family Residence

Est. home value

$330,494

Lot size

0.28 acres

Price per sq ft

$134

Year built

1998

Annual property taxes

$8,701

Price History

11/13/2024
Realcomp

Realcomp #65024056288

Removed
$415,000
11/13/2024
Realcomp

Realcomp #65024059136

Listed
$415,000
10/25/2024
Realcomp

Realcomp #65024056288

Listed
$415,000
+72.2%

Schools & Community

Neighborhood: 

Arcadia

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Kalamazoo

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$195,987
Asking price
$415,000
Closing costs (~8% of asking)
-$33,200
Est. remaining loan balance
-$185,813
Cash to seller
$195,987

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

September 2020

Original loan amount

$204,850

Est. remaining balance

$185,813

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Gillys Nana

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/24/2024 at 8:00 PM

Listing updated: 11/16/2024 at 2:45 PM

Listed by: Jill M Rothwell, Blue Beacon Realty Phone #: (616) 295-3632

MLS: Realcomp #65024059136

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