NOT LISTED FOR SALE

16900 Bailey Rd Bailey, MI 49303

Estimated Value: $103,498 - $230,000

2 Beds
1 Bath
1,088 Sq Ft
$161/Sq Ft Est. Value

Last Sold May 30, 2014

Last sale price $24,000 $22 Per Sq Ft

Est. 630% increase in value since last sale

Current estimated payment $998/month

7 Days on Market

About This Home

As of May 2014

4.44 acres. Mobile home with privacy and land. Easy commute to Grand Rapids or Muskegon. Great price. All information represented herin is approximated and individual verification is recommended. Information is not guaranteed.

Last Agent to Sell the Property

Christopher Conflitti

American Real Estate Services License #6502392764 Listed on: 04/22/2014

Last Buyer's Agent

Marcia Hunt

Pangburn Properties Inc. License #6501297675

Property Details

Home Type

  • Mobile/Manufactured

Year Built

  • Built in 1994

Lot Details

  • 4.44 Acre Lot
  • Lot Dimensions are 220x880

Home Design

  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,088 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Septic Tank
  • Septic System

Listing and Financial Details

  • REO, home is currently bank or lender owned

Property Details

Home Type

Mobile/Manufactured

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Mobile Home
  • Stories: 1
  • Year Built: 1994
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 21.14
  • General Property Info:Lot Dimensions: 220x880
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1088.0
  • Tax Info:Annual Property Tax: 1000.0
  • Tax Info:Zoning3: res
  • Roofing:Composition: Yes
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • General Property Info:Fireplace: No
  • Substructure:Slab: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1088.0
  • General Property Info Garage YN: No
  • Architectural Style:Mobile Home: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: MobileManufactured

Interior Features

  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Slab
  • LivingArea: 1088.0
  • General Property Info:Stories2: 1.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 23000.0
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 4.44
  • Lot Size Area: 4.44
  • Lot Dimensions: 220x880
  • Lot Size Sq Ft: 193406.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1000.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2014
Closed on
May 16, 2014
Sold by
Secretary Of Veterans Affairs
Bought by
Penland Greg and Penland Ruth
Seller's Agent
Christopher Conflitti
American Real Estate Services
Buyer's Agent
Marcia Hunt
Pangburn Properties Inc.
List Price
$23,000
Sold Price
$24,000
Premium/Discount to List
$1,000
4.35%
Current Estimated Value
$175,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,125
Avg. Annual Appreciation
18.72%

Purchase Details

Closed on
Mar 21, 2013
Sold by
U S Bank National Association
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Mar 15, 2013
Sold by
Wismar Timothy M and Wismar Amy M
Bought by
U S Bank National Association

Purchase Details

Closed on
Jan 31, 2013
Sold by
Wismar Timothy M and Wismar Amy M
Bought by
Crehan Matthew J

Purchase Details

Closed on
Jul 17, 2006
Sold by
Powell Bradley J and Bull Powell Terri
Bought by
Schmitt Angie

Purchase Details

Closed on
Dec 23, 2004
Sold by
Powell Bradley J and Bull Powell Terri
Bought by
Wismar Timothy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,883
Interest Rate
5.82%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Penland Greg $24,000 None Available
Secretary Of Housing & Urban Development -- None Available
U S Bank National Association $25,558 None Available
Crehan Matthew J -- None Available
Schmitt Angie $40,000 Multiple
Wismar Timothy M $78,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wismar Timothy M $80,883
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2014 05/30/14 Sold $24,000 +4.3% $22 / Sq Ft
04/29/2014 04/29/14 Pending -- -- --
04/22/2014 04/22/14 For Sale $23,000 -- $21 / 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 $970 $52,500 $0 $0
2024 $430 $51,400 $0 $0
2023 $412 $43,600 $0 $0
2022 $892 $41,500 $0 $0
2021 $880 $38,800 $0 $0
2020 $872 $33,600 $0 $0
2019 $898 $32,200 $0 $0
2018 $879 $34,600 $0 $0
2017 $888 $33,400 $0 $0
2016 $351 $32,000 $0 $0
2015 -- $29,000 $0 $0
2014 -- $26,400 $0 $0
2013 -- $26,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 14019490

MichRIC

APN: 13-002-300-0004-20