3992 Old Elm Dr SE Grand Rapids, MI 49512
Bailey's Grove NeighborhoodEstimated Value: $272,000 - $284,954
2
Beds
1
Bath
1,180
Sq Ft
$236/Sq Ft
Est. Value
About This Home
This home is located at 3992 Old Elm Dr SE, Grand Rapids, MI 49512 and is currently estimated at $277,989, approximately $235 per square foot. 3992 Old Elm Dr SE is a home located in Kent County with nearby schools including Endeavor Elementary, Pinewood Middle School, and East Kentwood Freshman Campus.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 9, 2025
Sold by
Ramirez Sebastian
Bought by
Risdon Rachael D
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,825
Outstanding Balance
$259,825
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$16,003
Purchase Details
Closed on
Mar 15, 2018
Sold by
Folkersma Joy L
Bought by
Ramirez Sebastian
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,200
Interest Rate
4.22%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Risdon Rachael D | $273,500 | First American Title | |
| Ramirez Sebastian | $160,000 | Chicago Title Of Michigan In |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Risdon Rachael D | $259,825 | |
| Previous Owner | Ramirez Sebastian | $155,200 | |
| Previous Owner | Folkersma Joy | $55,000 | |
| Previous Owner | Folkersma Joy L | $93,600 | |
| Previous Owner | Folkersma Joy L | $93,000 |
Source: Public Records
Tax History Compared to Growth
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 | $3,135 | $116,600 | $0 | $0 |
| 2024 | $3,135 | $110,500 | $0 | $0 |
| 2023 | $3,338 | $107,100 | $0 | $0 |
| 2022 | $3,124 | $89,900 | $0 | $0 |
| 2021 | $3,061 | $88,100 | $0 | $0 |
| 2020 | $2,540 | $79,800 | $0 | $0 |
| 2019 | $2,934 | $76,800 | $0 | $0 |
| 2018 | $2,013 | $67,200 | $0 | $0 |
| 2017 | $1,961 | $55,400 | $0 | $0 |
| 2016 | $1,899 | $55,600 | $0 | $0 |
| 2015 | $1,832 | $55,600 | $0 | $0 |
| 2013 | -- | $49,300 | $0 | $0 |
Source: Public Records
Map
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