$89,000
SOLD OCT 5, 2012

3782 Old Elm Dr SE Unit 48 Grand Rapids, MI 49512

Bailey's Grove Neighborhood
1 Bed
1 Bath
888 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$100 Per Sq Ft

5% Below List Price

15 Days on Market

About This Home

As of November 2018

HUD HOMES sold AS-IS. Buyer understands that neither the Seller nor the Listing Agent is making any guarantees as to the condition of the property and therefore will not be held liable. It is the responsibility of the Buyer to inspect the Property.

Last Agent to Sell the Property

James Neal Graves

Leading Edge Realty LLC License #6501351967 Listed on: 08/09/2012

Last Buyer's Agent

James Neal Graves

Leading Edge Realty LLC License #6501351967 Listed on: 08/09/2012

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,710

Year Built

  • Built in 1997

Parking

  • Attached Garage

Home Design

  • 888 Sq Ft Home
  • Vinyl Siding

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,710

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • Year Built: 1997
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace: No
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 888.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 94000.0

Garage/Parking

  • Attached Garage: Yes
  • Garage: Yes

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6534.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2020
Sold by
Collar Tracy and Collar Tracy A
Bought by
Collar Tracy A and Tracy A Collar Trust
Current Estimated Value
$280,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,050
Outstanding Balance
$88,882
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$190,755

Purchase Details

Listed on
Oct 10, 2018
Closed on
Nov 27, 2018
Sold by
Mingerink Brad
Bought by
Collar Tracy
Seller's Agent
Arthur Vachon
Bellabay Realty LLC
Buyer's Agent
Molly McManus
Greenridge Realty (EGR)
List Price
$174,900
Sold Price
$171,500
Premium/Discount to List
-$3,400
-1.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.56%
Original Mortgage
$137,200
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 17, 2016
Closed on
Jun 30, 2016
Sold by
Sterling Amie J
Bought by
Mingerink Brad
Seller's Agent
Dawn Karnehm
ERA Reardon Realty Great Lakes
Buyer's Agent
Cristi Brophy
Coldwell Banker Woodland Schmidt ART Office
List Price
$157,500
Sold Price
$158,500
Premium/Discount to List
$1,000
0.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.32%
Original Mortgage
$155,628
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
May 17, 2016
Closed on
May 19, 2016
Sold by
Sterling Amie J and Amie J Sterling Declaration Of
Bought by
Sterling Amie J
Seller's Agent
Dawn Karnehm
ERA Reardon Realty Great Lakes
Buyer's Agent
Cristi Brophy
Coldwell Banker Woodland Schmidt ART Office
List Price
$157,500
Sold Price
$158,500
Premium/Discount to List
$1,000
0.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,628
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 2015
Sold by
Sterling Amie J
Bought by
Sterling Amie J and Amie J Sterling Declaration Of

Purchase Details

Listed on
Aug 9, 2012
Closed on
Oct 1, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Sterling Amie J
Seller's Agent
James Neal Graves
Leading Edge Realty LLC
Buyer's Agent
James Neal Graves
Leading Edge Realty LLC
List Price
$94,000
Sold Price
$89,000
Premium/Discount to List
-$5,000
-5.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.31%
Original Mortgage
$87,387
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 19, 2011
Sold by
Flagstaar Bank Fsb
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Dec 29, 2010
Sold by
Leslie Linda
Bought by
Flagstar Bank Fsb

Purchase Details

Closed on
Feb 23, 2004
Sold by
Patterson Mary L
Bought by
Leslie Linda S
Source: Public Records

Similar Homes in the area

  • 2188 Banner Dr SW, Wyoming, MI 49509

    $74,500

    • 2 Beds
    • 1 Bath
    • 740 Sq Ft
    • 2188 Banner Dr SW
    • Wyoming, MI

    Welcome to Leisure Acres of Wyoming Co-Op Condo''s This wonderful ''55'' plus community is one of the nicest most reasonable places to live. Cash sale only, although $675.00 monthly fee covers almost everything! Heat, Water/Sewer, electric, trash, Lawn mowing, Shoveling, even salt for your walks. Communitypays maintenance for water heater, heat & property tax. Inside you''ll enjoy a very open

    Charles Wiser Keller Williams GR East

    Section Image
  • 2144 Banner Dr SW, Wyoming, MI 49509

    $68,900

    • 2 Beds
    • 1 Bath
    • 740 Sq Ft
    • 2144 Banner Dr SW
    • Wyoming, MI

    Welcome to Leisure Acres of Wyoming Co-Op Condo''sThis wonderful ''55'' plus community is one of the nicest most reasonable places to live. Cash sale only, although $675.00 monthly fee covers almost everything! Heat, Water/Sewer, Trash, Lawn mowing, Shoveling, even salt for your walks.No need to worry, community covers maintenance for water heater, heat & property tax. All

    Patricia White-McGrath Greenridge Realty (Kentwood)

    Section Image
See All Homes in Grand Rapids

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Interfamily Deed Transfer -- None Available
Warranty Deed $171,500 Ata National Title Group Llc
Warranty Deed $158,500 None Available
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- None Available
Deed $89,000 None Available
Warranty Deed -- None Available
Sheriffs Deed $166,853 None Available
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,050 New Conventional
Closed $137,200 Adjustable Rate Mortgage/ARM
Previous Owner $155,628 FHA
Previous Owner $108,000 New Conventional
Previous Owner $87,387 FHA
Previous Owner $162,400 FHA
Previous Owner $160,000 FHA
Previous Owner $103,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2018 11/27/18 Sold $171,500 -1.9% $119 / Sq Ft
10/13/2018 10/13/18 Pending -- -- --
10/10/2018 10/10/18 For Sale $174,900 +10.3% $121 / Sq Ft
06/30/2016 06/30/16 Sold $158,500 +0.6% $110 / Sq Ft
05/19/2016 05/19/16 Pending -- -- --
05/17/2016 05/17/16 For Sale $157,500 +77.0% $109 / Sq Ft
10/05/2012 10/05/12 Sold $89,000 -5.3% $100 / Sq Ft
08/24/2012 08/24/12 Pending -- -- --
08/09/2012 08/09/12 For Sale $94,000 -- $106 / 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 $2,710 $112,500 $0 $0
2024 $2,710 $106,700 $0 $0
2023 $2,886 $100,000 $0 $0
2022 $2,701 $87,100 $0 $0
2021 $2,647 $85,400 $0 $0
2020 $2,196 $82,200 $0 $0
2019 $2,586 $67,700 $0 $0
2018 $2,404 $62,800 $0 $0
2017 $2,361 $54,800 $0 $0
2016 $1,763 $55,000 $0 $0
2015 $1,701 $55,000 $0 $0
2013 -- $45,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Arthur Vachon

    Bellabay Realty LLC

    (616) 862-8304

    87 Total Sales

    Arthur Vachon
    Section Image

  • M

    Buyer's Agent in 2018

    Molly McManus

    Greenridge Realty (EGR)

    (616) 485-9941

    122 Total Sales

    Molly McManus
    Section Image

  • D

    Seller's Agent in 2016

    Dawn Karnehm

    ERA Reardon Realty Great Lakes

    Section Image
  • Cristi Brophy

    Buyer's Agent in 2016

    Cristi Brophy

    Coldwell Banker Woodland Schmidt ART Office

    (616) 901-7556

    95 Total Sales

    Cristi Brophy
    Section Image

  • J

    Seller's Agent in 2012

    James Neal Graves

    Leading Edge Realty LLC

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12039902

Southwestern Michigan Association of REALTORS®

APN: 41-18-35-202-048

Michigan Kent County Grand Rapids 49512 Bailey's Grove

3782 Old Elm Dr SE Unit 48, Grand Rapids, MI

This home is located at 3782 Old Elm Dr SE Unit 48, Grand Rapids, MI 49512 and is currently priced at $89,000, approximately $100 per square foot. This property was built in 1997. 3782 Old Elm Dr SE Unit 48 is a home located in Kent County with nearby schools including Endeavor Elementary, Pinewood Middle School, and East Kentwood Freshman Campus.

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.
Copyright 2025 MichRIC, LLC. All rights reserved.

Nearby Homes