NOT LISTED FOR SALE

535 Bailey Meadows Dr NE Ada, MI 49301

Estimated Value: $825,000 - $1,124,000

5 Beds
4.5 Baths
4,445 Sq Ft
$219/Sq Ft Est. Value

Last Sold May 02, 2016

Last sale price $485,000 $109 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $5,505/month

95 Days on Market

Highlights

  • Home fronts a pond
  • 3.51 Acre Lot
  • Deck
  • Knapp Forest Elementary School Rated A
  • Fruit Trees
  • Recreation Room

About This Home

As of May 2016

Offer received, call Karla w/ questions. This amazing home sits on 3.5 acres w/mature trees & privacy galore in Ada township in Forest Hills schools! Boasting of an open floor plan w/formal and informal living spaces, updated kitchen, owner’s suite w/an updated modern bath, finished basement, 3-stall attached garage and more! Greeted by a lovely foyer, formal dining, spacious modern kitchen w/large eating area, spacious living room & family room w/ gas fireplace, mudroom access off garage w/plenty of storage! Upstairs is a fantastic owner’s suite w/a beautiful updated full bath, 3 add’l large bedrooms & another full bath. The lower level is mostly finished w/ theater/rec room, finished laundry room w/storage, large 5th bedroom & storage space. This home is sure to impress!

Last Agent to Sell the Property

Karla Amaya-Leone

Edison Brokers & Co LLC License #6501380597 Listed on: 01/04/2016

Co-Listed By

Diane Griffin

Keller Williams GR North (Main) License #6502361836

Last Buyer's Agent

Rebecca Dickenson

RE/MAX of Grand Rapids (FH) License #6501371114

RE/MAX of Grand Rapids (FH)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,876

Year Built

  • Built in 1993

Lot Details

  • 3.51 Acre Lot
  • Home fronts a pond
  • Cul-De-Sac
  • Shrub
  • Sprinkler System
  • Fruit Trees
  • Wooded Lot

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Wood Siding

Interior Spaces

  • 4,445 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Mud Room
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Recreation Room
  • Walk-Out Basement
  • Attic Fan

Kitchen

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

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Play Equipment

Utilities

  • Humidifier
  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Water Softener is Owned
  • Septic Tank
  • Septic System
  • Phone Connected
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,876

Year Built

Built in 1993

Lot Details

0

Parking

3

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1993
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 150.94
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 248*269*309*391*80*69*130
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 4445.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • General Property Info:Design: Traditional
  • Tax Info:Annual Property Tax: 5876.34
  • Tax Info:Zoning3: res
  • Lot Description:Wooded: Yes
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Additional Items:Water SoftenerOwned: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Landscape:ShrubsHedges: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Utilities Attached:Cable: Yes
  • Lot Description:Cul-De-Sac: Yes
  • General Property Info:Fireplace: Yes
  • Utilities Attached:Telephone Line: Yes
  • Additional Items:Ceramic Floor: Yes
  • Appliances Microwave: Yes
  • Substructure:Walk Out: Yes
  • Additional Items:Humidifier: Yes
  • Landscape:Underground Sprinkler: Yes
  • Additional Items:Wood Floor: Yes
  • Landscape:Fruit Trees: Yes
  • Additional Items:Attic Fan: Yes
  • General Property Info:SqFt Above Grade: 3245.0
  • General Property Info Garage YN: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer, Refrigerator, Oven, Microwave, Dryer, Disposal, Dishwasher
  • Interior Amenities: Attic Fan, Ceramic Floor, Garage Door Opener, Humidifier, Water Softener/Owned, Wood Floor, Eat-in Kitchen, Pantry
  • Fireplace Features: Living Room, Wood Burning
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Basement: Walk-Out Access
  • LivingArea: 4445.0
  • General Property Info:Stories2: 2.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Kitchen Features:Mud Room Access: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Snack Bar: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • Exterior Features: Play Equipment, Patio, Deck(s)
  • List Price: 489800.0
  • Lot Features: Wooded, Cul-De-Sac
  • Road Surface Type: Paved
  • Waterfront Features: Pond
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Deck(s): Yes
  • Exterior Material:Wood Siding: Yes
  • Exterior Features:Play Equipment: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage: Yes
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 3.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Phone Connected, Cable Connected
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 3.51
  • Lot Size Area: 3.51
  • Lot Dimensions: 248*269*309*391*80*69*130
  • Lot Size Sq Ft: 152895.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5876.34
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2016
Closed on
May 2, 2016
Sold by
Tanner Adriana and Tanner Jeffrey A
Bought by
Gleason Zachary and Gleason Melissa
Seller's Agent
Karla Amaya-Leone
Edison Brokers & Co LLC
Buyer's Agent
Rebecca Dickenson
RE/MAX of Grand Rapids (FH)
List Price
$499,800
Sold Price
$485,000
Premium/Discount to List
-$14,800
-2.96%
Current Estimated Value
$971,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$486,843
Avg. Annual Appreciation
7.40%
Original Mortgage
$412,250
Outstanding Balance
$327,830
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$644,013

Purchase Details

Closed on
Jan 24, 2008
Sold by
Tanner Jeffrey A and Tanner Adrianna
Bought by
Tanner Jeffrey A and Tanner Adriana

Purchase Details

Closed on
Jun 8, 2006
Sold by
Sirva Relocation Llc
Bought by
Tanner Jeffrey A and Tanner Adrianna

Purchase Details

Closed on
Jun 5, 2006
Sold by
Bailey Scott L and Bailey Lisa M
Bought by
Sirva Relocation Llc

Purchase Details

Closed on
Mar 5, 1999
Sold by
Gast David E and Gast Robin B
Bought by
Bailey Scott L and Bailey Lisa M

Purchase Details

Closed on
Jun 11, 1993
Bought by
Tanner Gast and Tanner Jeffrey A
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
Gleason Zachary $485,000 Attorney
Tanner Jeffrey A -- None Available
Tanner Jeffrey A $515,000 None Available
Sirva Relocation Llc $515,000 None Available
Bailey Scott L $380,000 --
Tanner Gast $279,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gleason Zachary $412,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2016 05/02/16 Sold $485,000 -3.0% $109 / Sq Ft
04/08/2016 04/08/16 Pending -- -- --
01/04/2016 01/04/16 For Sale $499,800 -- $112 / 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 $5,682 $394,200 $0 $0
2024 $57 $350,600 $0 $0
2023 $8,201 $339,900 $0 $0
2022 $7,943 $295,100 $0 $0
2021 $7,634 $276,900 $0 $0
2020 $5,072 $276,400 $0 $0
2019 $6,050 $269,300 $0 $0
2018 $7,204 $235,800 $0 $0
2017 $7,181 $208,200 $0 $0
2016 $6,050 $242,800 $0 $0
2015 -- $242,800 $0 $0
2013 -- $196,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 15063146

MichRIC

APN: 41-15-24-300-053