$131,000
SOLD SEP 9, 2015

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

Bailey's Grove Neighborhood
2 Beds
2 Baths
1,400 Sq Ft
$190/mo HOA Fee

Recently Sold

$94 Per Sq Ft

3% Below List Price

36 Days on Market

Highlights

  • 1 Car Attached Garage
  • Forced Air Heating System
  • Private Entrance
  • East Kentwood High School Rated A-

About This Home

As of July 2016

Great opportunity to own a Baileys Grove condo. Open Floor plan with Vaulted Ceilings & Neutral Decor. Large kitchen including all appliances. Finished daylight basement with 2nd Bedroom & 2nd Full bath. Freshly painted one stall garage.This condo is ready for the new owners, shows beautifully...

Last Agent to Sell the Property

Rusty Richter

Richter Company Listed on: 01/12/2015

Last Buyer's Agent

Janis Schnittker

Rise Realty Group License #6506045264

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,700

Year Built

  • Built in 1999

Lot Details

  • Private Entrance

HOA Fees

  • $190 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Basement
  • 1 Bedroom in Basement
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

Overview

  • $380 HOA Transfer Fee
  • Baileys Grove Condos

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,700

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: NA
  • 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: 1700.0
  • Tax Info:Zoning3: residential
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Condo Proj Name: Baileys Grove
  • General Property Info:Entry Type: Private
  • General Property Info:Pets YN: Yes
  • General Property Info:SqFt Above Grade: 870.0
  • General Property Info Garage YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • LivingArea: 1400.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Basement Bedrooms: 1
  • Basement Rooms:Basement Full Baths: 1
  • Basement Rooms:Basement Finished SQFT: 530.0
  • Basement Rooms:Total Basement SQFT: 530.0
  • Below Grade Sq Ft: 530.0

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • List Price: 131000.0
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Attached
  • Parking Features Attached2: Yes

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

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: Justin 616-541-7330

Lot Info

  • Lot Dimensions: NA
  • Zoning Description: residential
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1700.0
  • Tax Year: 2014

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
$289,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,134
Avg. Annual Appreciation
6.57%
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 Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed $131,000 Best Homes Title Agency Llc
Warranty Deed $143,000 None Available
Warranty Deed $152,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $157,102 FHA
Previous Owner $117,900 New Conventional
Previous Owner $92,900 Purchase Money Mortgage
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: 14056695

Southwestern Michigan Association of REALTORS®

APN: 41-18-35-202-101