$26,000
SOLD SEP 9, 2014

15255 Bailey Rd Bailey, MI 49303

2 Beds
1 Bath
1,120 Sq Ft
2.57 Acres

Recently Sold

$23 Per Sq Ft

41% Below List Price

82 Days on Market

Highlights

  • Traditional Architecture
  • No Heating
  • 1-Story Property

About This Home

As of September 2014

This home is in need of some TLC so if you are good with a hammer and a paint brush this one could be the one for you. It is located in a nice quiet country setting with a small creek running across the front of the property. Two main floor bedrooms, large attic area with steps for storage. All information represented herein is approximated and independent verification by buyer is required. All offers are to be submitted threw www.homepath.com. The First Look period is 20 days All offers are to be submitted threw www.homepath.com This property is approved for HomePath Renovation Mortgage Financing

Last Agent to Sell the Property

Jon Stout

Stout Group Ltd License #6502106325 Listed on: 06/05/2014

Last Buyer's Agent

Daniel Wilde

Ridge Realty Inc License #6502101985

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 2.57 Acre Lot
  • Lot Dimensions are 320x350

Home Design

  • Traditional Architecture
  • Aluminum Siding

Interior Spaces

  • 1,120 Sq Ft Home
  • 1-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • No Heating
  • Well
  • Septic System

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 1
  • Year Built: 1940
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 320x350
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1120.0
  • Tax Info:Annual Property Tax: 929.0
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Partial: Yes
  • General Property Info:Fireplace: No
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1120.0
  • General Property Info Garage YN: No
  • Architectural Style:Traditional: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Partial
  • LivingArea: 1120.0
  • General Property Info:Stories2: 1.0

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 38500.0
  • Waterfront: No
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Garage: No

Utilities

  • Heating: None
  • Heating: No
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 2.57
  • Lot Size Area: 2.57
  • Lot Dimensions: 320x350
  • Lot Size Sq Ft: 111949.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 929.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2014
Closed on
Sep 4, 2014
Sold by
Fannie Mae
Bought by
Cruz Josefina
Seller's Agent
Jon Stout
Stout Group Ltd
Buyer's Agent
Daniel Wilde
Ridge Realty Inc
List Price
$44,300
Sold Price
$26,000
Premium/Discount to List
-$18,300
-41.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.10%

Purchase Details

Closed on
Oct 9, 2013
Sold by
Jpmorgan Chase Bank National Association
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Sep 13, 2013
Sold by
Whitney Dale L and Whitney Denise
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Oct 16, 2007
Sold by
Whitney Dale L
Bought by
Whitney Dale L and Whitney Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
9.87%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Deed $26,000 Multiple
Quit Claim Deed -- Rei
Sheriffs Deed $88,685 None Available
Interfamily Deed Transfer -- Title Pro Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $64,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 Price Changed $269,000 -6.9% $198 / Sq Ft
06/20/2025 06/20/25 For Sale $289,000 +1011.5% $213 / Sq Ft
09/09/2014 09/09/14 Sold $26,000 -41.3% $23 / Sq Ft
08/26/2014 08/26/14 Pending -- -- --
06/05/2014 06/05/14 For Sale $44,300 -- $40 / 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 $1,450 $109,500 $0 $0
2024 $643 $92,900 $0 $0
2023 $615 $81,000 $0 $0
2022 $1,306 $64,800 $0 $0
2021 $1,059 $51,800 $0 $0
2020 $1,049 $45,800 $0 $0
2019 $1,031 $45,500 $0 $0
2018 $1,057 $41,800 $0 $0
2017 $1,068 $40,400 $0 $0
2016 $422 $39,800 $0 $0
2015 -- $35,100 $0 $0
2014 -- $31,500 $0 $0
2013 -- $29,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14031366

Southwestern Michigan Association of REALTORS®

APN: 13-009-100-0001-10