5311 Penrose Ln
Kalamazoo, MI 49009
2 bd 2 ba 1,336 sqft Built 2005 Lot 100 sqft condo
Most recent sale
$250,000
Dec 23, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 23, 2022 | Sold | $250,000 | MichRic |
| Aug 2, 2019 | Sold | $210,000 | MichRic |
| May 13, 2015 | Listing removed | $1,400 | MichRic |
| Sep 9, 2014 | Listing removed | $1,200 | RentlinxUnits |
| Aug 26, 2014 | Listed for rent | $1,200 | RentlinxUnits |
| May 22, 2014 | Listing removed | $179,000 | MichRic |
| May 9, 2014 | Listed | $179,000 | MichRic |
| Jan 3, 2014 | Listing removed | $160,000 | MichRic |
| Dec 12, 2013 | Price changed | $160,000 | MichRic |
| Nov 25, 2013 | Listed | $170,000 | MichRic |
| Jun 4, 2010 | Listing removed | $175,000 | MichRic |
| May 3, 2010 | Listed | $175,000 | MichRic |
| Oct 18, 2009 | Listing removed | $175,000 | MichRic |
| Jun 20, 2009 | Listed | $175,000 | MichRic |
| Mar 10, 2009 | Listing removed | $175,000 | MichRic |
| Mar 9, 2009 | Relisted | $175,000 | MichRic |
| Feb 22, 2009 | Listing removed | $175,000 | MichRic |
| Feb 18, 2009 | Listed | $175,000 | MichRic |
| Nov 1, 2005 | Sold | $180,826 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | — | — | $111,800 | $4,993 |
| 2021 | — | — | $112,300 | $4,948 |
| 2020 | — | — | $117,900 | $5,024 |
| 2019 | — | — | $102,900 | $3,678 |
| 2007 | — | — | $98,300 | $1,050 |
Property facts
Year built
2005
Property type
condo
Stories
—
Beds
2
Baths
2
Living area
1,336 sqft
Lot size
100 sqft
ZIP code
49009
City
Kalamazoo
Street
Penrose Ln
Coordinates
42.28819, -85.65605
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,004
Gross rental yield
9.62%
Implied cap rate
6.25%
Trend-extrapolated value
—
Frequently asked questions
When did 5311 Penrose Ln last sell?
5311 Penrose Ln most recently sold on Dec 23, 2022 for $250,000.
What is the current tax assessment for 5311 Penrose Ln?
The most recent total assessment for 5311 Penrose Ln (year 2022) is $111,800 with $4,993 in property tax.
How does 5311 Penrose Ln's assessment compare to its last sale price?
The current assessment is 55.3% below the last sale price of $250,000.
When was 5311 Penrose Ln built?
5311 Penrose Ln was built in 2005.
How does 5311 Penrose Ln compare to others on Penrose Ln?
We track 5 other properties on Penrose Ln. Browse the list under "Other properties on Penrose Ln" to compare beds, baths, and sale history.
What are the property facts for 5311 Penrose Ln?
5311 Penrose Ln is a 2 bed, 2 bath, 1,336 sqft, 100 sqft lot condo.
Is 5311 Penrose Ln a flip candidate?
No — 5311 Penrose Ln does not appear in our flips dataset.
Is 5311 Penrose Ln a tax-appeal candidate?
No — 5311 Penrose Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.2%
Implied 1-yr
-0.7%
2026 Q3
$406.1K
2026 Q4
$405.4K
ZIP 49009 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Penrose Ln