NOT LISTED FOR SALE

3863 Old Elm Dr SE Unit 107 Grand Rapids, MI 49512

Bailey's Grove Neighborhood

Estimated Value: $303,000 - $331,000

3 Beds
2.5 Baths
2,052 Sq Ft
1999 Built

Last Sold September 05, 2014

Last sale price $147,500 $72 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $1,906/month

2 Days on Market

Highlights

  • Attached Garage
  • East Kentwood High School Rated A-
  • Wood Siding

About This Home

As of September 2014

Wonderful Ranch Style Condo in Baily's Grove with 3 Bedrooms and an attached 2 Stall Garage! Main Floor Features a Spacious kitchen with beautiful wood flooring and plenty of cabinets, Large Eating Area, Living Room with Cathedral Ceilings and sliders out to the Deck, Bedroom, Full Bath, Optional area for Main Floor Laundry and Ample Size Master Bedroom with its own Private Bath and Walk In Closet. Downstairs is finished with Day Light Windows and consists of a Family Room, Large Bedroom with Walk In Closet, Full Bath with Tiled Flooring, an Office/Non-Conforming Bedroom, Laundry Area and plenty of room for Storage. Very Private Setting, beautiful Landscaping and located on the end of the street for very little traffic flow.

Last Agent to Sell the Property

Kathy Mumaw

Five Star Real Estate (M6) License #6501301978 Listed on: 07/15/2014

Five Star Real Estate (M6)

Last Buyer's Agent

John Lang

ERA Reardon Realty Great Lakes License #6501367325

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,897

Year Built

  • Built in 1999

Home Design

  • Brick Exterior Construction
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2,052 Sq Ft Home
  • Natural lighting in basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Attached Garage
  • Garage Door Opener

Utilities

  • Cable TV Available

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include water, trash, snow removal, sewer, lawn/yard care

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,897

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • Year Built: 1999
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Disposal, Dishwasher, Microwave, Range, Refrigerator
  • Interior Amenities: Garage Door Opener
  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Daylight
  • LivingArea: 2052.0

Exterior Features

  • Construction Materials: Vinyl Siding, Wood Siding, Brick
  • List Price: 149900.0
  • Road Surface Type: Paved

Garage/Parking

  • Attached Garage: Yes
  • Garage: Yes

Utilities

  • Utilities: Telephone Line, Cable Connected

Condo/Co-op/Association

  • Association Amenities: Pets Allowed
  • Association Fee: 190.0
  • Association: Yes

Fee Information

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2014
Closed on
Sep 5, 2014
Sold by
Lane Michael L and Lane Sandra K
Bought by
Brackett Roy Wayne
Seller's Agent
Kathy Mumaw
Five Star Real Estate (M6)
Buyer's Agent
John Lang
ERA Reardon Realty Great Lakes
List Price
$149,900
Sold Price
$147,500
Premium/Discount to List
-$2,400
-1.6%
Current Estimated Value
$314,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,578
Avg. Annual Appreciation
6.98%
Original Mortgage
$110,000
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2003
Sold by
Bush Alan S and Bush Cynthia
Bought by
Lane Michael L and Lane Sandra K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,200
Interest Rate
4.25%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Brackett Roy Wayne $147,500 None Available
Lane Michael L $163,000 Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brackett Roy Wayne $110,000
Previous Owner Lane Michael L $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2014 09/05/14 Sold $147,500 -1.6% $72 / Sq Ft
07/17/2014 07/17/14 Pending -- -- --
07/15/2014 07/15/14 For Sale $149,900 -- $73 / 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 $2,897 $132,900 $0 $0
2024 $2,897 $123,700 $0 $0
2023 $3,085 $115,600 $0 $0
2022 $2,887 $101,000 $0 $0
2021 $2,829 $99,000 $0 $0
2020 $2,347 $95,400 $0 $0
2019 $2,765 $79,900 $0 $0
2018 $2,706 $79,300 $0 $0
2017 $2,635 $68,600 $0 $0
2016 $2,553 $68,900 $0 $0
2015 $2,481 $68,900 $0 $0
2013 -- $56,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14039913

Southwestern Michigan Association of REALTORS®

APN: 41-18-35-202-107