NOT LISTED FOR SALE

12270 Bailey Rd Ravenna, MI 49451

Estimated Value: $178,000 - $214,229

2 Beds
1 Bath
895 Sq Ft
$215/Sq Ft Est. Value

Last Sold June 26, 2015

Last sale price $37,000 $41 Per Sq Ft

Est. 420% increase in value since last sale

Current estimated payment $1,145/month

9 Days on Market

Highlights

  • Deck
  • Porch
  • Snack Bar or Counter
  • Wooded Lot
  • Living Room
  • Shed

About This Home

As of June 2015

You will want to see this move-in ready home quickly as it will not be on the market long. Sitting on 5 acres in Ravenna School District makes it very desirable. It is a ranch style home with 2 bedrooms, 1 bathroom and a full basement.
The exterior of the home is maintenance free and there is a storage shed on the premises. The deck out back gives you a beautiful view of the acreage and can be accessed through sliding glass doors in the living room. Lots to see! This is a Fannie Mae HomePath property. Buyer to verify all taxes, assessments, zoning, measurements and homestead status.

Last Agent to Sell the Property

Robert Rands

Platinum Realty Group Lakeshore LLC License #6502336779 Listed on: 06/10/2015

Platinum Realty Group Lakeshore LLC

Last Buyer's Agent

Nathaniel Thomas

Berkshire Hathaway HomeServices Michigan Real Estate (Main) License #6501376088

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $856

Year Built

  • Built in 1974

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 330 x 660
  • Shrub
  • Level Lot
  • Wooded Lot
  • Property is zoned AG, AG

Parking

  • Unpaved Driveway

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 895 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Window Screens
  • Living Room
  • Laminate Flooring
  • Basement Fills Entire Space Under The House
  • Snack Bar or Counter
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Shed
  • Storage Shed
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Well
  • Electric Water Heater
  • Septic System
  • Phone Available

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$856

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1974
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: 330 x 660
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 895.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 856.0
  • Tax Info:Zoning3: AG
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Landscape:ShrubsHedges: Yes
  • Util Avail at Street:Electric: Yes
  • Lot Description:Level: Yes
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Windows:Insulated Windows: Yes
  • Windows:Screens: Yes
  • Utilities Attached:Telephone Line: Yes
  • Additional Items:Ceiling Fans: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Water Heater:Electric3: Yes
  • General Property Info:SqFt Above Grade: 895.0
  • General Property Info Garage YN: No
  • Architectural Style:Ranch: Yes
  • Flooring:Laminate Floor: Yes
  • Other Structures:Storage Shed: Yes
  • Special Features: 5120
  • Property Sub Type: Detached

Interior Features

  • Flooring: Laminate
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 895.0
  • Window Features: Screens, Insulated Windows
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Total Basement SQFT: 835.0
  • Kitchen Features:Snack Bar: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 37500.0
  • Lot Features: Level, Wooded
  • Other Structures: Shed(s)
  • Patio and Porch Features: Deck, Porch(es)
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Patio and Porch Features:Porch(es): Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Phone Available, Electricity Available, Phone Connected
  • Water Source: Well
  • Water Well: Yes
  • Heat Source:Oil: Yes

Lot Info

  • Lot Size Acres: 5.0
  • Lot Size Area: 5.0
  • Lot Dimensions: 330 x 660
  • Lot Size Sq Ft: 217800.0
  • Zoning Description: AG
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 856.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2015
Closed on
Jun 26, 2015
Sold by
Fannie Mae
Bought by
Ryder Shelby
Seller's Agent
Robert Rands
Platinum Realty Group Lakeshore LLC
Buyer's Agent
Nathaniel Thomas
Berkshire Hathaway HomeServices Michigan Real Estate (Main)
List Price
$43,000
Sold Price
$37,000
Premium/Discount to List
-$6,000
-13.95%
Current Estimated Value
$192,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,557
Avg. Annual Appreciation
17.09%
Original Mortgage
$55,690
Outstanding Balance
$43,787
Interest Rate
3.86%
Mortgage Type
FHA
Estimated Equity
$142,062

Purchase Details

Closed on
Oct 31, 2014
Sold by
Huerta Carmen and Huerta Alejandro
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 27, 2005
Sold by
Hud
Bought by
Huerta Alejandro and Huerta Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
5.91%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 1, 2004
Sold by
Marathon Financial Corp
Bought by
Hud

Purchase Details

Closed on
Sep 8, 2004
Sold by
Rodriguez Angianina L and Rodriguez Benjamin C
Bought by
Marathon Financial Corp
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ryder Shelby $37,000 Multiple
Federal National Mortgage Association $67,049 None Available
Huerta Alejandro $76,000 Lighthouse Title
Hud -- Multiple
Marathon Financial Corp -- Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ryder Shelby William $20,000
Open Ryder Shelby $55,690
Previous Owner Huerta Alejandro $76,000
Previous Owner Rodriguez Benjamin C $89,039
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2015 06/26/15 Sold $37,000 -14.0% $41 / Sq Ft
06/19/2015 06/19/15 Pending -- -- --
06/10/2015 06/10/15 For Sale $43,000 -- $48 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,424 $85,800 $0 $0
2024 $464 $78,000 $0 $0
2023 $444 $67,100 $0 $0
2022 $1,308 $55,800 $0 $0
2021 $1,207 $48,600 $0 $0
2020 $1,131 $45,800 $0 $0
2019 $1,111 $42,200 $0 $0
2018 $1,086 $37,100 $0 $0
2017 $1,109 $36,800 $0 $0
2016 $378 $32,000 $0 $0
2015 -- $32,000 $0 $0
2014 -- $32,400 $0 $0
2013 -- $29,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Robert Rands

    Seller's Agent in 2015

    Robert Rands

    Platinum Realty Group Lakeshore LLC

    (231) 557-8025

    130 Total Sales

    Robert Rands
    Section Image

  • N

    Buyer's Agent in 2015

    Nathaniel Thomas

    Berkshire Hathaway HomeServices Michigan Real Estate (Main)

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15001465

Southwestern Michigan Association of REALTORS®

APN: 12-002-300-0002-10

Michigan Muskegon County Ravenna 49451

12270 Bailey Rd, Ravenna, MI

This home is located at 12270 Bailey Rd, Ravenna, MI 49451 since 10 June 2015 and is currently estimated at $192,557, approximately $215 per square foot. This property was built in 1974. 12270 Bailey Rd is a home located in Muskegon County with nearby schools including Beechnau Elementary School, Ravenna Middle School, and Ravenna High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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