$194,250
SOLD JUN 21, 2018

3960 Old Elm Dr SE Unit 123 Grand Rapids, MI 49512

Bailey's Grove Neighborhood
3 Beds
3.5 Baths
2,036 Sq Ft
$210/mo HOA Fee

Recently Sold

$95 Per Sq Ft

2% Below List Price

12 Days on Market

Highlights

  • Clubhouse
  • Deck
  • Traditional Architecture
  • East Kentwood High School Rated A-
  • Recreation Room
  • Community Pool

About This Home

As of August 2024

Bailey's Grove condo with 2-story great room allows great natural light to filter the living space. Entertain with ease in the main level kitchen (including stainless appliances) with center island that opens to the family room and eating area. Upper level master bedroom suite has private bath updated in 2017 with a tiled walk-in shower and an attached office. Additional bedroom, full bath and laundry complete the upper level. Lower level with family room, 3rd bedroom and full bath provide an additional private living space. Two-stall attached garage not often found in these condos.

Last Agent to Sell the Property

Jim Blehm

Keller Williams GR North (Main) Listed on: 05/10/2018

Keller Williams GR North (Main)

Last Buyer's Agent

Lauren Rockel

Keller Williams GR North (Main) License #6501406415

Keller Williams GR North (Main)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,317

Year Built

  • Built in 1997

Lot Details

  • Private Entrance
  • Sprinkler System

HOA Fees

  • $210 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,036 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Living Room
  • Dining Area
  • Recreation Room
  • Natural lighting in basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include water, trash, snow removal, sewer, lawn/yard care
  • $420 HOA Transfer Fee
  • Baileys Grove Condos

Amenities

  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,317

Year Built

Built in 1997

Lot Details

0

HOA Fees

$210 per month

Parking

2

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1997
  • 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: 2036.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 2317.0
  • Tax Info:Zoning3: RES
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Landscape:Underground Sprinkler: Yes
  • Substructure:Daylight: 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: 1536.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Interior Amenities: Center Island
  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Basement: Daylight
  • LivingArea: 2036.0
  • Window Features: Window Treatments
  • General Property Info:Stories2: 2.0
  • Appliances Range: Yes
  • Kitchen Features:Center Island: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • List Price: 199000.0
  • Patio and Porch Features: Deck
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Brick: Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Clubhouse, Pets Allowed, Pool
  • Association Fee: 210.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 210.0
  • Association Info:Assoc Buy in Fee: 420 + 100 transfer
  • Association Info:Assoc Fee Payable: Monthly
  • General Property Info:Association Contact: info@grandmark.mana
  • Assoc Amenities:Pets Allowed2: Yes
  • Assoc Amenities:Club House: Yes
  • Assoc Amenities:Pool: Yes

Fee Information

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

Lot Info

  • Lot Dimensions: n/a
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2317.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2024
Closed on
Aug 14, 2024
Sold by
Wilde Family Revocable Trust and Wilde Michael Donavin
Bought by
Simon Eric
Seller's Agent
Jodi Smith
EXP Realty (Grand Rapids)
Buyer's Agent
Carrie Lewis
Keller Williams Realty Rivertown
List Price
$328,500
Sold Price
$328,500
Views
51
Current Estimated Value
$336,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,619
Avg. Annual Appreciation
2.03%
Original Mortgage
$178,500
Outstanding Balance
$171,080
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$165,039

Purchase Details

Listed on
May 10, 2018
Closed on
Jun 21, 2018
Sold by
Olexa Karl J and Olexa Bonnie L
Bought by
Wilde Michael D and Wilde Stacey A
Seller's Agent
Jim Blehm
Keller Williams GR North (Main)
Buyer's Agent
Lauren Rockel
Keller Williams GR North (Main)
List Price
$199,000
Sold Price
$194,250
Premium/Discount to List
-$4,750
-2.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.93%

Purchase Details

Closed on
Jun 20, 2011
Sold by
Gervais Patricia A
Bought by
Olexa Karl J and Olexa Bonnie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,050
Interest Rate
4.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2007
Sold by
Rix Robert G and Rix Lori Capper
Bought by
Gervais Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 9, 2004
Sold by
Krauchunas Stephanie
Bought by
Rix Robert G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,840
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 2000
Bought by
Krauchunas Stephanie and Olexa Karl J
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 $328,500 None Listed On Document
Warranty Deed $194,250 Chicago Title Of Michigan In
Warranty Deed $119,000 None Available
Warranty Deed $152,000 Chicago Title
Warranty Deed $147,300 Chicago Title
Warranty Deed $137,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $178,500 New Conventional
Previous Owner $113,050 New Conventional
Previous Owner $110,000 Purchase Money Mortgage
Previous Owner $117,840 Purchase Money Mortgage
Closed $29,460 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2024 08/08/24 Sold $328,500 0.0% $172 / Sq Ft
07/15/2024 07/15/24 Pending -- -- --
07/08/2024 07/08/24 For Sale $328,500 +69.1% $172 / Sq Ft
06/21/2018 06/21/18 Sold $194,250 -2.4% $95 / Sq Ft
05/22/2018 05/22/18 Pending -- -- --
05/10/2018 05/10/18 For Sale $199,000 -- $98 / 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 $4,614 $131,600 $0 $0
2024 $4,614 $126,200 $0 $0
2023 $4,217 $122,400 $0 $0
2022 $5,395 $105,300 $0 $0
2021 $5,265 $103,200 $0 $0
2020 $3,793 $92,700 $0 $0
2019 $5,198 $92,200 $0 $0
2018 $2,379 $79,900 $0 $0
2017 $2,317 $65,400 $0 $0
2016 $2,245 $65,700 $0 $0
2015 $2,166 $65,700 $0 $0
2013 -- $58,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18020037

Southwestern Michigan Association of REALTORS®

APN: 41-18-35-202-123