NOT LISTED FOR SALE

3972 Old Elm Dr SE Unit 118 Grand Rapids, MI 49512

Bailey's Grove Neighborhood

Estimated Value: $281,000 - $288,000

2 Beds
1.5 Baths
1,650 Sq Ft
$240/mo HOA Fee

Last Sold August 29, 2022

Last sale price $250,000 $152 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,120/month

50 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Eat-In Kitchen
  • East Kentwood High School Rated A-
  • 1 Car Attached Garage
  • Snack Bar or Counter

About This Home

As of August 2022

Delightful townhouse condo, located in Bailey's Grove, w/ Kentwood Schools! Convenient condo living in this 2 bedroom, 1.5 bath, home. The main level features a sunny living room with vaulted ceiling, and it's open to the dining room and kitchen. Enjoy this summer on your deck, accessed through the dining room. A half bath is also located on the main level. Upper level has the primary bedroom, with a massive walk-n-closet, a full bath, and bedroom 2. The partially finished lower level is the perfect place for a family room or recreation room, or just make it a space of your own. Attached 1 car garage. Bailey's grove has a clubhouse and common areas throughout, and an association pool that is available for a fee. Conveniently located near the airport and other amenities. No showings until 4PM on 6/15. Any and all offers due by Monday, 6/20, at 12pm. Pre-approved buyers only.

Last Agent to Sell the Property

Lucas Howard

Keller Williams GR East License #6502359815 Listed on: 06/15/2022

Keller Williams GR East

Co-Listed By

Malinda Root

Keller Williams GR East License #6501371923

Last Buyer's Agent

Darryl Matthews, Jr

Keller Williams GR East License #6506047703

Keller Williams GR East

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,108

Year Built

  • Built in 2000

Lot Details

  • Private Entrance
  • Shrub
  • Sprinkler System

HOA Fees

  • $240 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 1,650 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Ceramic Tile Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Deck
  • Mineral Rights Excluded

Community Details

Overview

  • Association fees include water, trash, snow removal, sewer, lawn/yard care
  • $480 HOA Transfer Fee
  • Association Phone (616) 365-5033
  • Bailey's Grove Condos

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,108

Year Built

Built in 2000

Lot Details

0

HOA Fees

$240 per month

Parking

1

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 2000
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:New Construction2: No
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1650.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 3108.39
  • Tax Info:Zoning3: R-PUD-1
  • Waterfront Options:Water Access YN: No
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • Lot Description:Level: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Additional Items:Ceiling Fans: Yes
  • Appliances Microwave: Yes
  • Water Heater:Natural Gas4: Yes
  • Landscape:Underground Sprinkler: Yes
  • Mineral Rights:No: Yes
  • Landscape:Terraced Yard: Yes
  • General Property Info:Condo Proj Name: Bailey's Grove
  • General Property Info:Entry Type: Private
  • General Property Info:Pets YN: Yes
  • General Property Info:SqFt Above Grade: 1440.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Flooring:Ceramic Floor: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Flooring: Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1650.0
  • General Property Info:Stories2: 2.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Snack Bar: Yes

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • List Price: 250000.0
  • Lot Features: Level
  • Patio and Porch Features: Deck
  • 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: 1.0
  • Garage: Yes
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

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

Condo/Co-op/Association

  • Association Fee: 240.0
  • Association Fee Frequency: Monthly
  • Association Phone: 616-365-5033
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 240.0
  • Association Info:Assoc Buy in Fee: 480
  • Association Info:Assoc Fee Payable: Monthly
  • General Property Info:Association Contact: 616-365-5033
  • Association Info:Association Phone: 616-365-5033

Fee Information

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

Lot Info

  • Zoning Description: R-PUD-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3108.39
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2022
Closed on
Aug 29, 2022
Sold by
Nihad Polimac
Bought by
Brown Linda
Seller's Agent
Lucas Howard
Keller Williams GR East
Buyer's Agent
Darryl Matthews, Jr
Keller Williams GR East
List Price
$255,000
Sold Price
$250,000
Premium/Discount to List
-$5,000
-1.96%
Current Estimated Value
$284,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,894
Avg. Annual Appreciation
4.19%
Original Mortgage
$237,500
Outstanding Balance
$228,326
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$53,940

Purchase Details

Listed on
Sep 12, 2017
Closed on
Oct 13, 2017
Sold by
Wang Fang
Bought by
Polimac Nihad
Seller's Agent
Don Bass
Keller Williams Realty Rivertown
Buyer's Agent
Mirzet Alic
Century 21 Affiliated (GR)
List Price
$140,000
Sold Price
$150,000
Premium/Discount to List
$10,000
7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.04%
Original Mortgage
$145,500
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 30, 2016
Closed on
May 25, 2016
Sold by
Goodspeed Elaine
Bought by
Wang Fang
Seller's Agent
Don Bass
Keller Williams Realty Rivertown
Buyer's Agent
Rita E Johnson
Greenridge Realty (Summit)
List Price
$129,900
Sold Price
$125,000
Premium/Discount to List
-$4,900
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.02%
Original Mortgage
$100,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2003
Sold by
Knupp Larry and Knupp Carrie
Bought by
Goodpeed Elaine

Purchase Details

Closed on
Aug 18, 2000
Bought by
Knupp Larry C and Goodspeed Elaine
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
Brown Linda $250,000 --
Polimac Nihad $150,000 None Available
Wang Fang $125,000 Midstate Title Agency Llc
Goodpeed Elaine $134,900 Fatic
Knupp Larry C $124,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Linda $237,500
Previous Owner Polimac Nihad $145,500
Previous Owner Wang Fang $100,000
Previous Owner Goodspeed Elaine $67,000
Previous Owner Goodspeed Elaine $37,370
Previous Owner Goodspeed Elaine $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2022 08/29/22 Sold $250,000 0.0% $152 / Sq Ft
08/04/2022 08/04/22 Pending -- -- --
07/18/2022 07/18/22 Price Changed $250,000 -2.0% $152 / Sq Ft
06/15/2022 06/15/22 For Sale $255,000 +70.0% $155 / Sq Ft
10/13/2017 10/13/17 Sold $150,000 +7.1% $94 / Sq Ft
09/14/2017 09/14/17 Pending -- -- --
09/12/2017 09/12/17 For Sale $140,000 +12.0% $88 / Sq Ft
05/25/2016 05/25/16 Sold $125,000 -3.8% $79 / Sq Ft
04/04/2016 04/04/16 Pending -- -- --
03/30/2016 03/30/16 For Sale $129,900 -- $82 / 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 $3,840 $119,300 $0 $0
2024 $3,840 $112,900 $0 $0
2023 $4,047 $109,500 $0 $0
2022 $3,172 $92,300 $0 $0
2021 $3,108 $90,400 $0 $0
2020 $2,579 $81,700 $0 $0
2019 $2,813 $82,500 $0 $0
2018 $2,753 $71,900 $0 $0
2017 $2,699 $59,100 $0 $0
2016 $2,025 $59,300 $0 $0
2015 $1,954 $59,300 $0 $0
2013 -- $52,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22023987

Southwestern Michigan Association of REALTORS®

APN: 41-18-35-202-118