Dive into real estate with this fantastic property, ideal for both owner occupancy and rental investment. With a 100% occupancy history, it's easy to rent for $1700, with tenants paying all utilities. Located near the highway and WMU, it's perfect for students and commuters. If you're attending WMU, live in one room, rent out the others, save on rent, generate cash flow, and benefit from property appreciation during your schooling. The rental certificate is valid until 2/28/2025, providing peace of mind. Seller is a licensed real estate agent in Michigan.
Property Details
Property Features
Property Information:
Architectural Style: Bi-Level
Year Built: 1998
Stories: 2
Living Area: 1,568 SqFt
Listing Office:
Office Name: Vincent Zhang Realty
Office Phone: (734) 219-1286
Listing Agent: Vincent Zhang
Interior Features
Interior Information:
Basement: No
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 4
Lot Features
Lot Information:
Lot Size: 0.32 Acres
Utilities
Utilities Information:
Heating: Forced Air
School Info
Assigned Schools Information:
Kalamazoo Central High School, Public District Grades 9-12
Linden Grove Middle School, Public District Grades 6-8
Arcadia Elementary School, Public District Grades PK-5
Woodward School For Technology and Research, Public Magnet Grades PK-5
Other
Directions Information:
Directions: Drive on Michigan Ave, turn onto Jack Pine, then turn onto Red Pine.
Price Information
Listing Price Info
Price Summary:
List Price: $172,000
Price Per SqFt: $110/SqFt
Tax Information:
Annual Amount: $4,720
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Kalamazoo, MI.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$926
Per Month
Principal & Interest
$859
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$582
Powered By
Advertisement
NMLS#3030
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
3
/10
Arcadia Elementary School
932 Boswell Ln
Distance between this listing and this school0.21 miles
Public District Grades PK-5
4
/10
Woodward School For Technology and Research
606 Stuart Ave
Distance between this listing and this school2.32 miles
Public Magnet Grades PK-5
Middle School
3
/10
Linden Grove Middle School
4241 Arboretum Pkwy
Distance between this listing and this school0.47 miles
Public District Grades 6-8
High School
5
/10
Kalamazoo Central High School
2432 N Drake Rd
Distance between this listing and this school2.58 miles
Public District Grades 9-12
Assigned Schools
3
/10
Arcadia Elementary School
932 Boswell Ln
Distance between this listing and this school0.21 miles
Public District Grades PK-5
4
/10
Woodward School For Technology and Research
606 Stuart Ave
Distance between this listing and this school2.32 miles
Public Magnet Grades PK-5
Nearby Schools
5
/10
Winchell Elementary School
2316 Winchell Ave
Distance between this listing and this school1.23 miles
Public District Grades PK-5
Assigned Schools
3
/10
Linden Grove Middle School
4241 Arboretum Pkwy
Distance between this listing and this school0.47 miles
Public District Grades 6-8
Nearby Schools
4
/10
Maple Street Magnet School For The Arts
922 W Maple St
Distance between this listing and this school2.14 miles
Public Magnet Grades 6-8
3
/10
Hillside Middle School
1941 Alamo Ave
Distance between this listing and this school2.14 miles
Public District Grades 6-8
Assigned Schools
5
/10
Kalamazoo Central High School
2432 N Drake Rd
Distance between this listing and this school2.58 miles
Public District Grades 9-12
Nearby Schools
1
/10
Phoenix Alternative High School
1411 Oakland Dr
Distance between this listing and this school1.85 miles
Public District Grades 9-12
1
/10
Youth Advancement Academy
6750 Chime St
Distance between this listing and this school2.71 miles
The neighbors living near this home have an average income of $26,132. Residents of Kalamazoo, MI typically earn less than $35k each year. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1215 Redpine Way
What is the listing price of this property?
The listing price of 1215 Redpine Way property is $172,000.
What type of property is this?
The property 1215 Redpine Way is a house located in Kalamazoo, Michigan, 49006.
Is this property for sale now?
Active Listing: 1215 Redpine Way is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 1215 Redpine Way are: Arcadia Elementary School: GreatSchools Rating 3/10Woodward School For Technology and Research: GreatSchools Rating 4/10Linden Grove Middle School: GreatSchools Rating 3/10Kalamazoo 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 $4,720 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on September 27, 2018 for $98,750. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 1215 Redpine Way has 4 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 1215 Redpine Way is 1,568 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1215 Redpine Way is 1998.
This home is located at 1215 Redpine Way in Kalamazoo, MI and zip code 49006 in the Arcadia neighborhood. This 1,568 square foot home, which was built in 1998, sits on a 0.32 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 20, 2024 and is currently priced at $172,000.
In August 2024, from all listings sold in Kalamazoo, MI there were more than 45 sold above asking price, over 71 sold below and more than 31 were sold right at the asked price. Between July 2024 and August 2024, Kalamazoo, MI real estate market has seen decrease in the number of listings by 4.4%. While the average time on the market in August 2024 was 24 days, the median list price was $226,500.
From Rocket Homes Real Estate and based on county public records data.