NOT LISTED FOR SALE

502 Bailey Dr Big Rapids, MI 49307

Estimated Value: $277,000 - $333,000

3 Beds
2 Baths
1,756 Sq Ft
$175/Sq Ft Est. Value

Last Sold May 15, 2014

Last sale price $161,000 $92 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $1,882/month

162 Days on Market

Highlights

  • Deck
  • Living Room with Fireplace
  • Corner Lot: Yes
  • Pond
  • Wood Flooring
  • Fenced Yard

About This Home

As of May 2014

Wonderful location in Big Rapids for this beautifully kept ranch home. This 3 bedroom, 2 bath home features a large master suite, and a spacious living room with fireplace to cozy up to on those cold days. Includes main floor laundry, central air, full basement, and a two car attached garage. The fenced in back yard gives you your own little park like setting from the deck with coy pond. Move in ready!! Hurry this won't last long.

Last Agent to Sell the Property

Lori Brock

RiverTown Real Estate License #6502354410 Listed on: 11/07/2013

Co-Listed By

Tricia Wirth

Results Real Estate LLC License #6502421377

Last Buyer's Agent

Gary Cook

Greenridge Realty Oakmont License #6502113737

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,724

Year Built

  • Built in 2005

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 85x139.9
  • Fenced Yard
  • Shrub
  • Corner Lot: Yes
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,756 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Pond
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Septic Tank
  • Septic System
  • Phone Connected
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,724

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 2005
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 99.6
  • General Property Info:Lot Dimensions: 85x139.9
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1756.0
  • General Property Info:Design: Ranch
  • Tax Info:Annual Property Tax: 2724.0
  • Tax Info:Zoning3: R-1
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central 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
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Lot Description:Level: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Lot Description:Corner Lot: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • General Property Info:Fireplace: No
  • Utilities Attached:Telephone Line: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Landscape:Underground Sprinkler: Yes
  • Additional Items:Home Warranty: Yes
  • Additional Items:Wood Floor: Yes
  • Landscape:Decor Pond: Yes
  • General Property Info:SqFt Above Grade: 1756.0
  • General Property Info Garage YN: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer, Refrigerator, Range, Microwave, Dryer, Dishwasher
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Wood Floor, Kitchen Island, Eat-in Kitchen
  • Fireplace Features: Gas Log, Living Room
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1756.0
  • Window Features: Window Treatments
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Total Basement SQFT: 1756.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Kitchen Features:Center Island: Yes
  • Fireplace:Gas Log: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: Fenced Back, Patio, Deck(s)
  • Home Warranty: Yes
  • List Price: 174900.0
  • Lot Features: Corner Lot, Level
  • Road Surface Type: Paved
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Driveway Paved: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Deck(s): Yes
  • Exterior Features:Fenced Back: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Cable Connected, Public Water, Public Sewer
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 0.27
  • Lot Size Area: 0.27
  • Lot Dimensions: 85x139.9
  • Lot Size Sq Ft: 11761.0
  • Zoning Description: R-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2724.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2013
Closed on
May 15, 2014
Sold by
Marvel Diane
Bought by
Zhou Jian Xin and Cao Wenlan
Seller's Agent
Lori Brock
RiverTown Real Estate
Buyer's Agent
Gary Cook
Greenridge Realty Oakmont
List Price
$174,900
Sold Price
$161,000
Premium/Discount to List
-$13,900
-7.95%
Current Estimated Value
$306,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,625
Avg. Annual Appreciation
5.70%
Original Mortgage
$128,800
Outstanding Balance
$39,723
Interest Rate
4.41%
Mortgage Type
New Conventional
Estimated Equity
$266,902

Purchase Details

Closed on
May 24, 2011
Sold by
Meredith Cole D and Meredith Mary A
Bought by
Marvel Diane

Purchase Details

Closed on
Aug 19, 2010
Sold by
Hansen Robert J and Hansen Diane E
Bought by
Meredith Cole D and Meredith Mary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2005
Sold by
Double C Properties Llc
Bought by
Hansen Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,400
Interest Rate
5.89%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 25, 2003
Sold by
Doneth John R and Doneth Susan M
Bought by
Double C Properties Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zhou Jian Xin $161,000 Lakeland Title
Marvel Diane $156,000 Corporate Title Agency
Meredith Cole D -- Corporate Title Agency
Hansen Robert J $168,000 Mecosta County Abstract & Ti
Double C Properties Llc $16,500 Mecosta County Abstract & Ti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhou Jian Xin $128,800
Previous Owner Meredith Cole D $130,500
Previous Owner Hansen Robert J $134,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2014 05/15/14 Sold $161,000 -7.9% $92 / Sq Ft
04/18/2014 04/18/14 Pending -- -- --
11/07/2013 11/07/13 For Sale $174,900 -- $100 / Sq Ft
Source: MichRIC

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 $3,376 $156,600 $0 $0
2024 -- $141,900 $0 $0
2023 -- $120,100 $0 $0
2022 $3,321 $100,300 $0 $0
2021 $3,321 $93,700 $0 $0
2020 -- -- $0 $0
2019 -- -- $0 $0
2018 -- -- $0 $0
2017 -- -- $0 $0
2016 -- -- $0 $0
2014 -- -- $0 $0
2013 -- -- $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 13063972

MichRIC

APN: 5417-015-179-008