13 days on rocket

5416 Penrose Ln, Kalamazoo, MI, 49009

$349,500

Home List Price

$4,150*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,374 SqFt
$147/SqFt
Condo
Schools Nearby

Location

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5416 Penrose Ln, Kalamazoo$349,500

Buyer Closing Credits

$4,150*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAttached
Attached Garage2 spaces
Year Built2003
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
FireplaceGas Log, Living, Family
MLS #24021199
StatusActive

About 5416 Penrose Ln

Craving a carefree lifestyle where traveling is more important than yardwork and home maintenance? Check out this spacious Redstone Farm condo with a relaxed and open living space featuring vaulted ceilings, gas log fireplace and new wide plank wood floors. A light-filled 4-season room and deck with views of trees and the surrounding golf course provide a natural and peaceful buffer to convenient shopping and 131 access. Luxurious kitchen with quartz countertops, stainless steel appliances, and an incredible walk-in pantry. The owner's retreat features a hickory dual sink vanity and a walk in closet. A 2nd bedroom or large office is convenient for those working from home. The lower level offers a family room and 2nd fireplace, den, and a third BR with en suite bath and deep soaking tub. Abundant storage. Newer Lenox furnace and air conditioning. What a great place to look forward to coming home to after every trip - whether downtown or across the world. Welcome Home!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 2003
  • Stories: 1
  • Living Area: 2,374 SqFt

Listing Office:

  • Office Name: Five Star Real Estate
  • Office Phone: (269) 459-7898
  • Listing Agent: Suzanne Sloan

Interior Features

Interior Information:

  • Appliances: Dryer, Washer, Dishwasher, Range, Refrigerator
  • Basement: Yes
  • Interior: Ceiling Fan(s), Pantry
  • Fireplace: Gas Log, Living, Family

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Kalamazoo Central High School, Public District Grades 9-12
  • Linden Grove Middle School, Public District Grades 6-8
  • Northglade Montessori School, Public Magnet Grades PK-5

Other

Directions Information:

  • Directions: Drake Rd (south of West Main and North of Stadium Dr.) to Skyridge west to the end of Penrose Lane. This unit is on the right hand side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $349,500
  • Price Per SqFt: $147/SqFt

HOA Fees:

  • Amount: $275
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $4,264
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Kalamazoo, MI.

Med. Sold Price

$222K

Med. Price/SqFt

$170

Avg. Days On Market

28

# of Sold Homes

121

5416 Penrose Ln vs Kalamazoo

13 DAYS ON ROCKET

-15 Days

$349,500

+$127.4K More

$147/SqFt

-$24 Less

KEY TAKEAWAY

This property is $127.4K more than the Median Sold Price and $24/SqFt less than other homes in Kalamazoo, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Michigan Regional Information Center (MichRIC)
  • MLS Number: #24021199

Listing Office:

  • Office Name: Five Star Real Estate
  • Office Phone: (269) 459-7898
  • Listing Agent: Suzanne Sloan

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/15/2024, 3:20:39 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 05, 2009Home Sold
$182,000
Jan 03, 2006Home Sold
$188,917

Tax History

YEARPROP. TAXASSESSMENT
2021$4,264$125,300
2020$4,043$131,500
2019$4,043$113,900
2018$855$112,700
2017$855$115,000

History based on county public records data.

Payment Calculator

$2,087

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,114

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1491920
4
/10
  • Northglade Montessori School

  • 1914 Cobb Ave

  • 3.56 miles

  • Public Magnet Grades PK-5

Middle School

school-card-donut-1491921
3
/10
  • Linden Grove Middle School

  • 4241 Arboretum Pkwy

  • 0.99 miles

  • Public District Grades 6-8

High School

school-card-donut-1491922
5
/10
  • Kalamazoo Central High School

  • 2432 N Drake Rd

  • 1.94 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,731. The most common annual income of people living in Kalamazoo, MI is less than $35k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5416 Penrose Ln

What is the listing price of this property?

The listing price of 5416 Penrose Ln property is $349,500.

What type of property is this?

The property 5416 Penrose Ln is a condo located in Kalamazoo, Michigan, 49009.

Is this property for sale now?

Active Listing: 5416 Penrose Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5416 Penrose Ln are:
Northglade Montessori School: GreatSchools Rating 4/10
Linden Grove Middle School: GreatSchools Rating 3/10
Kalamazoo Central High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,264 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 5, 2009 for $182,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5416 Penrose Ln has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 5416 Penrose Ln is 2,374 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5416 Penrose Ln is 2003.

Rocket HomesMichiganKalamazoo CountyKalamazoo490095416 Penrose Ln

This home is located at 5416 Penrose Ln in Kalamazoo, MI and zip code 49009. This 2,374 square foot home was built in 2003. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 01, 2024 and is currently priced at $349,500.

Over 51 listings were sold over their listed price in April 2024 in Kalamazoo, MI. In the same period over 44 listings were sold below the listed price and 26 listings were sold for the listed price. The number of listings in Kalamazoo, MI decreased by 4.3% between March 2024 and April 2024. In April 2024, listings were on the market for 28 days. During the same period, the median list price in this real estate market was $222,093.

From Rocket Homes Real Estate and based on county public records data.

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