NOT LISTED FOR SALE

482 Bailey's Cove Wayland, MI 49348

Estimated Value: $372,000 - $901,668

2 Beds
5 Baths
2,013 Sq Ft
$17/mo HOA Fee

Last Sold September 14, 2021

Last sale price $725,000 $360 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,542/month

13 Days on Market

Highlights

  • Private Waterfront
  • Fruit Trees
  • Mud Room
  • Docks
  • Fireplace in Primary Bedroom
  • Breakfast Area or Nook

About This Home

As of September 2021

Newly built walk out ranch facing 1.5 acres of lake frontage. Sitting on the West side of Hill Lake, just off of 5th street and close to Wayland schools. Open floor plan includes a formal dining room with a fireplace, breakfast nook, 12 foot kitchen island, 6 burner gas stove with griddle and hood vent that includes heat warmers and a second fireplace in the living room. The front entrance was replicated to look like an inverted wine barrel that includes vaulted 12 foot plus ceilings. All the lumber and resources excavated from the property was recycled back into the home including tree logs in the dining room, living area and master bedroom. The home was built handicap accessible for easy use and comfort when/if needed. The master bedroom includes a third fireplace, attached his and her bathroom and an attached walk-in closet that includes a stackable washer dryer. Two stall garage upstairs and a two stall garage downstairs for ample storage and outdoor equipment. The basement is fully roughed in with completed electrical and plumbing for a 3 bedroom, 2.5 bath, half kitchen, laundry room and utility room that also includes a 4th fireplace in the living area. The house is wired to be a smart home with all the cabling needed. The property comes with a newly refinished pontoon with trolling motor and a floating dock.

Last Agent to Sell the Property

Scott Fader

JOSEPH WALTER REALTY LLC - I License #6502431011 Listed on: 08/09/2021

Last Buyer's Agent

Tammy Fulcher

Five Star Real Estate (Ada) License #6501415447

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,900

Year Built

  • Built in 2015

Lot Details

  • Private Waterfront
  • 70 Feet of Waterfront
  • Property fronts a private road
  • Cul-De-Sac
  • Private Entrance
  • Shrub
  • Sprinkler System
  • Fruit Trees
  • Garden

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Brick or Stone Mason
  • Vinyl Siding
  • Stone

Interior Spaces

  • 2,013 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Mud Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 3 Fireplaces
  • Water Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • No Wake Zone
  • Docks

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Septic System

Community Details

Overview

  • Baileys Cove Site Condos

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,900

Year Built

Built in 2015

Lot Details

0

HOA Fees

$17 per month

Parking

2

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 2015
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 0
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2013.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 4900.0
  • Tax Info:Zoning3: Residential
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 3.0
  • Lot Description:Cul-De-Sac: Yes
  • Waterfront Options:Water Frontage3: 70.0
  • General Property Info:Fireplace: Yes
  • Appliances Microwave: Yes
  • Substructure:Walk Out: Yes
  • Landscape:Underground Sprinkler: Yes
  • Landscape:Fruit Trees: Yes
  • Landscape:Flower Garden: Yes
  • General Property Info:Condo Proj Name: Baileys Cove Site Condos
  • General Property Info:Entry Type: Private
  • General Property Info:Pets YN: Yes
  • Appliances:Built in Oven: Yes
  • General Property Info:SqFt Above Grade: 2013.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built in Oven, Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Interior Amenities: Center Island, Eat-in Kitchen, Pantry
  • Fireplace Features: Formal Dining, Gas Log, Living Room, Primary Bedroom
  • Fireplace: Yes
  • Fireplaces: 3
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 3
  • Total Bathrooms: 5
  • Basement: Full, Walk-Out Access
  • LivingArea: 2013.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Total Basement SQFT: 2013.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Kitchen Features:Breakfast Nook: 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
  • Fireplace:Primary Bedroom: Yes
  • Fireplace:Formal Dining: Yes

Exterior Features

  • Construction Materials: Stone, Vinyl Siding
  • List Price: 699999.0
  • Lot Features: Cul-De-Sac
  • Road Frontage Type: Private Road
  • Water Body Name: Hill Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Stone: 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

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Condo/Co-op/Association

  • Association Fee: 200.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Info:Approx Assoc Fee2: 200.0
  • Association Info:Assoc Buy in Fee: 0
  • Water Fea Amenities:Private Frontage: Yes
  • Association Info:Assoc Fee Payable: Annually
  • Water Fea Amenities:View: Yes
  • General Property Info:Association Contact: Call Seller
  • Water Fea Amenities:No Wake: Yes
  • Water Fea Amenities:Dock: Yes

Lot Info

  • Lot Dimensions: 0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4900.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2021
Closed on
Sep 14, 2021
Sold by
Feenstra Jennifer and Feenstra Nancy
Bought by
Grevenstuk Ryan James
Seller's Agent
Scott Fader
JOSEPH WALTER REALTY LLC - I
Buyer's Agent
Tammy Fulcher
Five Star Real Estate (Ada)
List Price
$699,999
Sold Price
$725,000
Premium/Discount to List
$25,001
3.57%
Current Estimated Value
$692,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,333
Avg. Annual Appreciation
-1.12%
Original Mortgage
$543,750
Outstanding Balance
$494,772
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$197,895

Purchase Details

Closed on
Sep 13, 2018
Sold by
Feenstra Jennifer L
Bought by
Feenstra Jennifer and Feenstra Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2014
Sold by
Feenstra Jennifer L and Feenstra Jennifer
Bought by
Cohen Brandon C and Feenstra Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,480
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 16, 2014
Sold by
Scholten Gerrit
Bought by
Feenstra Jennifer L
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Grevenstuk Ryan James $725,000 First Service Title Agency
Feenstra Jennifer -- None Available
Cohen Brandon C -- None Available
Feenstra Jennifer L $72,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grevenstuk Ryan James $543,750
Previous Owner Feenstra Jennifer $375,000
Previous Owner Cohen Brandon C $396,480
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2021 09/14/21 Sold $725,000 +3.6% $360 / Sq Ft
08/22/2021 08/22/21 Pending -- -- --
08/09/2021 08/09/21 For Sale $699,999 -- $348 / 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 $10,234 $384,500 $32,500 $352,000
2024 $8,645 $354,900 $25,300 $329,600
2023 $9,055 $324,400 $23,300 $301,100
2022 $8,645 $298,300 $35,000 $263,300
2021 $4,960 $280,900 $35,000 $245,900
2020 $4,827 $289,800 $35,000 $254,800
2019 $4,693 $217,000 $28,900 $188,100
2018 $4,595 $173,900 $23,600 $150,300
2017 $0 $174,300 $24,500 $149,800
2016 $0 $26,700 $19,300 $7,400
2015 -- $26,700 $19,300 $7,400
2014 -- $28,900 $28,900 $0
2013 -- $28,900 $28,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21099313

Southwestern Michigan Association of REALTORS®

APN: 24-150-004-00