NOT LISTED FOR SALE

3845 Old Elm Dr SE Unit 101 Grand Rapids, MI 49512

Bailey's Grove Neighborhood

Estimated Value: $269,083 - $299,000

2 Beds
2 Baths
1,400 Sq Ft
$190/mo HOA Fee

Last Sold July 11, 2016

Last sale price $160,000 $114 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $1,979/month

9 Days on Market

Highlights

  • Recreation Room
  • Living Room
  • 1 Car Garage
  • East Kentwood High School Rated A-
  • Forced Air Heating and Cooling System
  • Private Entrance

About This Home

As of July 2016

Great opportunity to own an updated ranch style condo in the park like setting of Baileys Grove. * Spacious floor plan with cathedral ceiling * Living room sliding glass doors open to nice-sized wood deck and serene setting * Updated kitchen with 10 month old stainless steel appliances, and expanded counter and cupboards * New flooring *Main level Master Bedroom has separate entry to full bathroom * Main level laundry room with washer and dryer included * Deep 1-car attached garage * Finished lower level daylight basement with spacious family room, bedroom, full bath, and storage room with a new furnace *There is a community clubhouse available to rent, and the opportunity to purchase a
pool membership.

Last Agent to Sell the Property

Dawn Karnehm

ERA Reardon Realty Great Lakes License #6501306975 Listed on: 05/26/2016

Last Buyer's Agent

Antonio Holbrook

Clarity Realty LLC License #6501357408

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,768

Year Built

  • Built in 1999

Lot Details

  • Private Entrance

HOA Fees

  • $190 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Area
  • Recreation Room
  • Natural lighting in basement
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

Overview

  • Association fees include water, trash, snow removal, sewer, lawn/yard care
  • $380 HOA Transfer Fee
  • Baileys Grove Condominiums

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,768

Year Built

Built in 1999

Lot Details

0

HOA Fees

$190 per month

Parking

1

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1999
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: N/A
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1400.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • General Property Info:Design: Ranch
  • Tax Info:Annual Property Tax: 1768.0
  • Tax Info:Zoning3: Residential
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Substructure:Daylight: Yes
  • General Property Info:Condo Proj Name: Baileys Grove Condominiums
  • General Property Info:Entry Type: Private
  • General Property Info:Pets YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Daylight
  • LivingArea: 1400.0
  • ResoLivingAreaSource: PublicRecords
  • General Property Info:Stories2: 1.0

Exterior Features

  • Construction Materials: Vinyl Siding, Brick
  • List Price: 158900.0
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • Garage: Yes
  • Garage:Garage2: Yes
  • Garage Type:_one_: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas
  • Heating: Yes
  • Utilities: Electricity Connected, Natural Gas Connected, Cable Connected, Public Water, Public Sewer

Condo/Co-op/Association

  • Association Fee: 190.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 190.0
  • Association Info:Assoc Buy in Fee: $380
  • Association Info:Assoc Fee Payable: Monthly
  • General Property Info:Association Contact: Jessica 616-365-5033

Fee Information

  • Association Fee Includes: Water, Trash, Snow Removal, Sewer, Lawn/Yard Care

Lot Info

  • Zoning Description: Residential
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1768.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2016
Closed on
Jul 11, 2016
Sold by
Bogus Stanley L and Bogus Belva
Bought by
Wilburn Sheba L
Seller's Agent
Dawn Karnehm
ERA Reardon Realty Great Lakes
Buyer's Agent
Antonio Holbrook
Clarity Realty LLC
List Price
$158,900
Sold Price
$160,000
Premium/Discount to List
$1,100
0.69%
Current Estimated Value
$285,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,727
Avg. Annual Appreciation
6.68%
Original Mortgage
$157,102
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 12, 2015
Closed on
Sep 9, 2015
Sold by
Johnson Maryann and Houtkooper Mary Ann
Bought by
Bogus Stanley L and Bogus Belva
Seller's Agent
Rusty Richter
Richter Company
Buyer's Agent
Janis Schnittker
Rise Realty Group
List Price
$134,900
Sold Price
$131,000
Premium/Discount to List
-$3,900
-2.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.88%
Original Mortgage
$117,900
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2006
Sold by
Estate Of James Patterson
Bought by
Houtkooper Maryann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,900
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2004
Sold by
Marsden Clifford C
Bought by
Patterson James
Source: Public Records

Range of Values:

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Average Value
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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
Wilburn Sheba L -- None Available
Bogus Stanley L $131,000 Best Homes Title Agency Llc
Houtkooper Maryann $143,000 None Available
Patterson James $152,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilburn Sheba $149,517
Closed Wilburn Sheba L $150,391
Previous Owner Wilburn Sheba L $157,102
Previous Owner Bogus Stanley L $117,900
Previous Owner Houtkooper Maryann $130,400
Previous Owner Houtkooper Maryann $92,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2016 07/11/16 Sold $160,000 +0.7% $114 / Sq Ft
06/04/2016 06/04/16 Pending -- -- --
05/26/2016 05/26/16 For Sale $158,900 +21.3% $114 / Sq Ft
09/09/2015 09/09/15 Sold $131,000 -2.9% $94 / Sq Ft
02/17/2015 02/17/15 Pending -- -- --
01/12/2015 01/12/15 For Sale $134,900 -- $96 / 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 $2,701 $116,900 $0 $0
2024 $2,701 $110,700 $0 $0
2023 $2,876 $103,600 $0 $0
2022 $2,692 $90,200 $0 $0
2021 $2,638 $88,400 $0 $0
2020 $2,189 $85,300 $0 $0
2019 $2,578 $70,500 $0 $0
2018 $2,523 $65,900 $0 $0
2017 $2,475 $57,300 $0 $0
2016 $2,132 $57,500 $0 $0
2015 $2,222 $57,500 $0 $0
2013 -- $47,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16025695

Southwestern Michigan Association of REALTORS®

APN: 41-18-35-202-101