NOT LISTED FOR SALE

450 Bailey Lake Dr NE Lowell, MI 49331

Estimated Value: $763,000 - $935,000

5 Beds
3.5 Baths
3,256 Sq Ft
$256/Sq Ft Est. Value

Last Sold March 06, 2017

Last sale price $382,000 $117 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $4,850/month

1 Day on Market

Highlights

  • Deeded Waterfront Access Rights
  • 9.17 Acre Lot
  • Recreation Room
  • Murray Lake Elementary School Rated A
  • Deck
  • Wooded Lot

About This Home

As of March 2017

Welcome Home! Don't Miss This Stunning Craftsman 2-Story Set On Over 9 Wooded Acres & Access To Bailey Lake!! The Main Level Features A Bright, Open Floor Plan W/ The Living Room & Kitchen Flowing Together. It Features A Gorgeous Fireplace With Built-In Cabinet Surround, Beautiful Mahogany Kitchen With Center Island, Snack Bar, Built-In Desk & Eating Area That Walks Out To The Deck! Upstairs You'll Find 4 Bedrooms; Including A Master Suite With Coffered Ceiling & Private Bathroom! The Current Owners Recently Finished The Walkout Level W/ A Large Rec/Entertaining Space, 5th Bedroom & 3rd Full Bath! Other Features Include A Main Level Study, Laundry & Half Bath! Outside You'll Find A Large 10-12, YES 10-12, Stall Attached Garage (2 Levels), Professional Landscaping & Underground Sprinkling!

Last Agent to Sell the Property

Mark Brace

Berkshire Hathaway HomeServices Michigan Real Estate (Main) License #6502368851 Listed on: 02/16/2017

Berkshire Hathaway HomeServices Michigan Real Estate (Main)

Last Buyer's Agent

Tim Anders

Berkshire Hathaway HomeServices Michigan Real Estate (Main) License #6501299915

Berkshire Hathaway HomeServices Michigan Real Estate (Main)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,849

Year Built

  • Built in 2007

Lot Details

  • 9.17 Acre Lot
  • The property's road front is unimproved
  • Shrub
  • Sprinkler System
  • Wooded Lot

Parking

  • 5 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick or Stone Mason
  • Composition Roof
  • Vinyl Siding
  • Stone

Interior Spaces

  • 3,256 Sq Ft Home
  • 2-Story Property
  • Built-In Desk
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Mud Room
  • Living Room with Fireplace
  • Dining Area
  • Recreation Room
  • Walk-Out Basement

Kitchen

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

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Well
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,849

Year Built

Built in 2007

Lot Details

0

Parking

5

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 2007
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 359XIRR
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 3256.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 4849.0
  • Tax Info:Zoning3: RES
  • Waterfront Options:Water Access YN: Yes
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Landscape:ShrubsHedges: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Util Avail at Street:Electric: Yes
  • Windows:Insulated Windows: Yes
  • Windows:Screens: Yes
  • General Property Info:Fireplace: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Substructure:Walk Out: Yes
  • Landscape:Underground Sprinkler: Yes
  • Heat Type:Heat Pump: Yes
  • General Property Info:SqFt Above Grade: 2256.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Flooring:Wood Floor: Yes
  • Flooring:Ceramic Floor: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Garage Door Opener, Center Island, Eat-in Kitchen, Pantry
  • Fireplace Features: Gas Log, Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Basement: Walk-Out Access
  • LivingArea: 3256.0
  • Window Features: Screens, Insulated Windows, Window Treatments
  • General Property Info:Stories2: 2.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Kitchen Features:Center Island: Yes
  • Kitchen Features:Mud Room Access: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Gas Log: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Snack Bar: Yes
  • Kitchen Features:Desk Built-In: Yes

Exterior Features

  • Construction Materials: Stone, Vinyl Siding
  • List Price: 362900.0
  • Lot Features: Wooded
  • Patio and Porch Features: Deck, Patio
  • Road Surface Type: Unimproved
  • Roof: Composition
  • Water Body Name: Bailey Lake
  • Waterfront Features: Lake
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Stone: Yes
  • Patio and Porch Features:Deck(s): Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 5.0
  • Garage: Yes
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 5.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Heat Pump
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Water Source: Well
  • Water Well: Yes

Association/Amenities

  • Water Fea Amenities:Deeded Access: Yes

Lot Info

  • Lot Size Acres: 9.17
  • Lot Size Area: 9.17
  • Lot Dimensions: 359XIRR
  • Lot Size Sq Ft: 399445.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4849.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2017
Closed on
Feb 23, 2017
Sold by
Talbot Eugene R and Talbot Julie A
Bought by
Sheltrown Joel and Sheltrown Teresa
Seller's Agent
Mark Brace
Berkshire Hathaway HomeServices Michigan Real Estate (Main)
Buyer's Agent
Tim Anders
Berkshire Hathaway HomeServices Michigan Real Estate (Main)
List Price
$362,900
Sold Price
$382,000
Premium/Discount to List
$19,100
5.26%
Current Estimated Value
$833,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$451,449
Avg. Annual Appreciation
9.04%

Purchase Details

Closed on
Jun 2, 2015
Sold by
Talbot Julie A
Bought by
Talbot Living Trust and Talbot Julie A

Purchase Details

Listed on
Dec 13, 2011
Closed on
May 18, 2012
Sold by
Vandyke Craig S and Vandyke Julie A
Bought by
Talbot Julie A
Seller's Agent
Patrick Schaefer
Five Star Real Estate (Ada)
Buyer's Agent
Steven Hanson
Hanson Real Estate Group
List Price
$348,500
Sold Price
$305,000
Premium/Discount to List
-$43,500
-12.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.50%
Original Mortgage
$289,750
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2007
Sold by
Servant Construction Llc
Bought by
Vandyke Craig S and Vandyke Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Sheltrown Joel $382,000 None Available
Talbot Living Trust -- Attorney
Talbot Julie A $305,000 First American Title Ins Co
Vandyke Craig S $85,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Talbot Julie A $289,750
Previous Owner Vandyke Craig S $50,000
Previous Owner Vandyke Craig S $292,000
Previous Owner Vandyke Craig S $42,930
Previous Owner Vandyke Craig S $292,000
Previous Owner Vandyke Craig S $58,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2017 03/06/17 Sold $382,000 +5.3% $117 / Sq Ft
02/17/2017 02/17/17 Pending -- -- --
02/16/2017 02/16/17 For Sale $362,900 +19.0% $111 / Sq Ft
05/23/2012 05/23/12 Sold $305,000 -12.5% $145 / Sq Ft
04/09/2012 04/09/12 Pending -- -- --
12/13/2011 12/13/11 For Sale $348,500 -- $166 / 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 $4,908 $398,100 $0 $0
2024 $4,908 $343,600 $0 $0
2023 $4,695 $321,900 $0 $0
2022 $6,294 $279,500 $0 $0
2021 $6,133 $247,000 $0 $0
2020 $4,318 $232,500 $0 $0
2019 $5,850 $224,000 $0 $0
2018 $5,733 $192,300 $0 $0
2017 $5,114 $197,900 $0 $0
2016 $4,923 $170,600 $0 $0
2015 -- $170,600 $0 $0
2013 -- $170,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17005790

Southwestern Michigan Association of REALTORS®

APN: 41-16-19-400-021