NOT LISTED FOR SALE

16525 Bailey Rd Bailey, MI 49303

Estimated Value: $333,000 - $382,000

4 Beds
2 Baths
2,304 Sq Ft
$154/Sq Ft Est. Value

Last Sold September 14, 2021

Last sale price $276,000 $120 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,165/month

2 Days on Market

Highlights

  • Private Waterfront
  • Bonus Room
  • 2 Car Attached Garage
  • Stream or River on Lot
  • Porch
  • Eat-In Kitchen

About This Home

As of September 2021

This Bi-level home features 4 bedrooms with the possibility of a 5th,2 full baths, a walkout basement. You can sit on the back covered porch and enjoy country life at its finest. This beautiful home has many updates including a new well, new flooring in the basement, new paint, updated bathrooms. The 2 car attached garage is ideal for Michigan Winters. There is a separate entrance in the garage that leads to the basement. ALL OFFERS DUE SUNDAY AUG 15 BY 5:00PM Buyer and Buyer agent to verify all information.

Last Agent to Sell the Property

Kristen Allard

Five Star Real Estate (Courtland) Listed on: 08/13/2021

Last Buyer's Agent

Jody Ribbens

RE/MAX of Grand Rapids

RE/MAX of Grand Rapids

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,979

Year Built

  • Built in 1979

Lot Details

  • 2.4 Acre Lot
  • Lot Dimensions are 155x615
  • Private Waterfront
  • 155 Feet of Waterfront
  • Shrub
  • Property is zoned 401, 401

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Bonus Room
  • Attic Fan

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • 1 Bedroom in Basement

Outdoor Features

  • Water Access
  • Stream or River on Lot
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Heating System Powered By Leased Propane
  • Well
  • Propane Water Heater
  • Water Softener is Owned
  • Septic Tank
  • Septic System
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,979

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Levels: Bi-Level
  • Stories: 1
  • Year Built: 1979
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 194.14
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 155x615
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2304.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 1979.0
  • Tax Info:Zoning3: 401
  • Waterfront Options:Water Access YN: Yes
  • Roofing:Composition: Yes
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Water Heater:Propane2: Yes
  • Landscape:ShrubsHedges: Yes
  • Waterfront Options:Water Frontage3: 155.0
  • Util Avail at Street:Cable2: Yes
  • General Property Info:Fireplace: No
  • Driveway:Gravel: Yes
  • Additional Items:Ceiling Fans: Yes
  • Appliances Microwave: Yes
  • Additional Items:LP Tank Rented: Yes
  • General Property Info:SqFt Above Grade: 1280.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Bi-Level: Yes
  • Air Conditioning:Attic Fan: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer, Water Softener Owned
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, LP Tank Rented, Eat-in Kitchen, Pantry
  • Fireplace: No
  • Total Bedrooms: 4
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 2304.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Basement Bedrooms: 1
  • Basement Rooms:Basement Finished SQFT: 1024.0
  • Basement Rooms:Total Basement SQFT: 1024.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features Pantry: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Water Softener-Owned: Yes
  • Below Grade Sq Ft: 1024.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 248500.0
  • Patio and Porch Features: Porch(es)
  • Road Surface Type: Paved
  • Roof: Composition
  • Water Body Name: Creek
  • Waterfront Features: Stream/Creek
  • Waterfront: Yes
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Patio and Porch Features:Porch(es): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Attic Fan, Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Water Source: Well
  • Water Well: Yes

Association/Amenities

  • Water Fea Amenities:Private Frontage: Yes

Lot Info

  • Lot Size Acres: 2.4
  • Lot Size Area: 2.4
  • Lot Dimensions: 155x615
  • Lot Size Sq Ft: 104544.0
  • Zoning Description: 401
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1979.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2021
Closed on
Sep 14, 2021
Sold by
Obenauf Amanda
Bought by
Chaffee Phillip and Chaffee Catherine
Seller's Agent
Kristen Allard
Five Star Real Estate (Courtland)
Buyer's Agent
Jody Ribbens
RE/MAX of Grand Rapids
List Price
$248,500
Sold Price
$276,000
Premium/Discount to List
$27,500
11.07%
Current Estimated Value
$354,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,779
Avg. Annual Appreciation
6.01%
Original Mortgage
$216,800
Outstanding Balance
$196,977
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$157,802

Purchase Details

Closed on
Dec 8, 2006
Sold by
Obenauf Lyman Dean and Obenauf Danette L
Bought by
Obenauf Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 1985
Sold by
Obenauf Frank D and Galow Frances
Bought by
Obenauf Lyman D and Obenauf Danette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,500
Interest Rate
7%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chaffee Phillip $276,000 None Available
Obenauf Amanda $146,000 None Available
Obenauf Lyman D $26,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chaffee Phillip $216,800
Previous Owner Obenauf Amanda $164,000
Previous Owner Obenauf Lyman D $26,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2021 09/14/21 Sold $276,000 +11.1% $120 / Sq Ft
08/15/2021 08/15/21 Pending -- -- --
08/13/2021 08/13/21 For Sale $248,500 -- $108 / Sq Ft
Source: MichRIC

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 $3,667 $169,700 $0 $0
2024 $1,626 $146,500 $0 $0
2023 $1,555 $133,300 $0 $0
2022 $3,372 $126,300 $0 $0
2021 $1,965 $111,400 $0 $0
2020 $1,946 $100,100 $0 $0
2019 $1,922 $98,400 $0 $0
2018 $1,962 $91,300 $0 $0
2017 $1,981 $87,400 $0 $0
2016 $783 $87,400 $0 $0
2015 -- $77,100 $0 $0
2014 -- $69,400 $0 $0
2013 -- $63,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kristen Allard

    Five Star Real Estate (Courtland)

  • Jody Ribbens

    Buyer's Agent in 2021

    Jody Ribbens

    RE/MAX

    (616) 366-2118

    64 Total Sales

    Jody Ribbens
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Map

Source: MichRIC

MLS Number: 21100258

MichRIC

APN: 13-010-200-0002-00

Michigan Muskegon County Bailey 49303

16525 Bailey Rd, Bailey, MI

Not Listed for Sale

Detached

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