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5021 Forest River Way

5021 Forest River Way, Kalamazoo, MI 49009
Property in Oshtemo
Sold Aug 26, 2021
$422,239
$337,791 by Amerifirst Financial Corp
Mortgage Due Sep 01, 2051
Sold Jun 27, 2006
$300,000
$60,000 by Wells Fargo Bank Na
Mortgage Due Jul 01, 2021
5021 Forest River Way has been categorized by the local assessors in Kalamazoo, MI as a residential type of property. The building on the property was first built in 2000 and is 24 years old. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. In addition, 5021 Forest River Way has 1,838 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 67,082 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 528 sqft. According to our sources, there are a total of 2 available parking spaces. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5021 Forest River Way sold most recently in Aug 13, 2021 for a total of $422,239. If you work out the math, that's approximately a cost of $229.73 per sqft. Before that, the property was also sold for $300,000 in Jun 13, 2006. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,969 in taxes each year. 5021 Forest River Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $193,600. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

Paved Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Style: Ranch/Rambler
  • Basement Type: Unspecified basement
  • Basement Area: 1,838
  • Garage Type: Garage
  • Garage Square Area: 528
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 67,082
  • Total Building Area: 1,838
  • Building Area: 1,838
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,838
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TURTLE COVE AT ROCKWOOD LAKE CONDOMINIUM
  • Land Acres: 1.54
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TURTLE COVE AT ROCKWOOD LAKE UNIT 9 * **8-98 1998 SPLIT FROM 01-230-015 & 01-230-017

Ownership

  • Current Owner : BALKEMA AARON
  • Previous Owner : MORAND PATRICK G
  • Previous Owner 2: MORAND OLIVIA JOHN
  • Owner Before Previous Owner: POWER MICHAEL A
  • Owner Before Previous Owner 2: POWER MELODY K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Kalamazoo Public School District
  • School Tax School District: KALAMAZOO
  • Census Tract: 002906

Zoning

  • Zoning: RR

Geography

  • District: 5
  • Parcel: 05-01-225-009
  • Municipality: OSHTEMO TWP
  • Latitude: 42.3304
  • Longitude: -85.6494

    Address

  • Full Address: 5021 Forest River Way
  • Legal Unit: 9
  • Address - House Number: 5021
  • Address - Street Name: Forest River
  • Address - Suffix Type: Way
  • State: MI
  • City Name: Kalamazoo
  • Carrier Code: R015
  • 4-Digit Zip Code: 5022
  • Zip Code: 49009

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,969

    Appraisal Valuation

  • Standard Deviation: 0.1558
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 80
  • Final Value: 459,877
  • High Value: 531,540
  • Low Value: 388,214

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $337,791
  • First Open Lien Mortgage Lender: AMERIFIRST FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: Aug 26, 2021
  • First Open Lien Mortgage Loan Amount: $337,791
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $387,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $193,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 13, 2021
  • Current Sale Recording Date: Aug 26, 2021
  • Current Sale Transaction ID: 11854690820
  • Current Sale Price: $422,239
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-034316
  • Previous Sale Recording Date: Jun 27, 2006
  • Previous Sale Contract Date: Jun 13, 2006
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERIFIRST FINANCIAL CORP
  • First Mortgage Transaction Date: Aug 26, 2021
  • First Mortgage Loan Amount: $337,791
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jun 27, 2006
  • Previous Mortgage Loan Amount: $60,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 01, 2021

About Kalamazoo



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Frequently Asked Questions

What neighborhood is 5021 Forest River Way located in?
The 5021 Forest River Way is a located in the neighborhood of Oshtemo in Kalamazoo, Kalamazoo.
What is the average sales price for listings in 5021 Forest River Way?
The average sales price for units in 5021 Forest River Way is $0 currently.

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