NOT LISTED FOR SALE

5485 W Heathwood Dr SE Grand Rapids, MI 49512

Bailey's Grove Neighborhood

Estimated Value: $410,692 - $550,000

4 Beds
3.5 Baths
2,960 Sq Ft
$158/Sq Ft Est. Value

Last Sold June 12, 2013

Last sale price $206,000 $70 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $2,808/month

84 Days on Market

Highlights

  • Deck
  • Family Room with Fireplace
  • Wooded Lot
  • East Kentwood High School Rated A-
  • Recreation Room
  • Traditional Architecture

About This Home

As of June 2013

This stunning 4 bedroom 3 1/2 bath home in Bailey's Grove sits on a beautiful lot and backs up to woods giving you extra privacy. There is a lot of living space in this home with a large living room with bay window, family room with gas fireplace, and tray ceiling, dining room with a butler area, kitchen with cherry cabinets, and pantry, main floor laundry, half bath and back door entry with lockers and a closet. The upstairs has a large master bedroom suite with vaulted ceiling, two walk-in closets, and master bath with whirlpool tub, shower, and double sink vanity. Two additional bedrooms and a 2nd full bath complete the second level. The lower level has daylight windows with a rec room with wet bar, and an addition bedroom and bath. There is an oversized deck. All this and because it i s in Bailey's Grove, there is an association pool, club house, community events, bike paths, ponds, and parks. Close to shopping, schools, and major highways. What a great place to call home!

Last Agent to Sell the Property

Linda Otis

Keller Williams GR East License #6501337037 Listed on: 02/18/2013

Co-Listed By

Arthur(beau) Otis

Greenridge Realty (Cascade) License #6506045982

Last Buyer's Agent

Elizabeth Skidmore

Berkshire Hathaway HomeServices Michigan Real Estate (Rock) License #6501280694

Berkshire Hathaway HomeServices Michigan Real Estate (Rock)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,328

Year Built

  • Built in 2000

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 78 x 125
  • Cul-De-Sac
  • Sprinkler System
  • Wooded Lot

HOA Fees

  • $22 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,960 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Recreation Room
  • Natural lighting in basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,328

Year Built

Built in 2000

Lot Details

0

HOA Fees

$22 per month

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 2000
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: 78 x 125
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2960.0
  • Tax Info:Annual Property Tax: 3328.0
  • Lot Description:Wooded: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Cul-De-Sac: Yes
  • General Property Info:Fireplace: No
  • Additional Items:Ceiling Fans: Yes
  • Appliances Microwave: Yes
  • Landscape:Underground Sprinkler: Yes
  • Substructure:Daylight: Yes
  • Additional Items:Whirlpool Tub: Yes
  • General Property Info:SqFt Above Grade: 2060.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), Pantry
  • Fireplace Features: Family Room, Gas Log
  • Fireplace: No
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Basement: Daylight
  • LivingArea: 2960.0
  • Spa Features: Whirlpool Tub
  • General Property Info:Stories2: 2.0
  • Appliances Range: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Snack Bar: Yes
  • Fireplace:Family: Yes

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • List Price: 220000.0
  • Lot Features: Wooded, Cul-De-Sac
  • Patio and Porch Features: Deck
  • Road Surface Type: Paved
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Exterior Material:Brick: Yes
  • Patio and Porch Features:Deck(s): 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

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 265.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Info:Approx Assoc Fee2: 265.0
  • Association Info:Assoc Fee Payable: Annually

Lot Info

  • Lot Size Acres: 0.22
  • Lot Size Area: 0.22
  • Lot Dimensions: 78 x 125
  • Lot Size Sq Ft: 9583.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3328.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2013
Closed on
Jun 12, 2013
Sold by
Talla Jayapal R and Talla Vidyulatha
Bought by
Chanda Sreedhar
Seller's Agent
Linda Otis
Keller Williams GR East
Buyer's Agent
Elizabeth Skidmore
Berkshire Hathaway HomeServices Michigan Real Estate (Rock)
List Price
$230,000
Sold Price
$206,000
Premium/Discount to List
-$24,000
-10.43%
Current Estimated Value
$466,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,923
Avg. Annual Appreciation
6.83%
Original Mortgage
$186,000
Outstanding Balance
$133,073
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$333,850

Purchase Details

Closed on
May 31, 2000
Bought by
Talla Jayapal R and Chanda Sreedhar
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
Chanda Sreedhar $206,000 Ppr Title Agency
Talla Jayapal R $43,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chanda Sreedhar $186,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2013 06/12/13 Sold $206,000 -10.4% $70 / Sq Ft
05/13/2013 05/13/13 Pending -- -- --
02/18/2013 02/18/13 For Sale $230,000 -- $78 / 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 $4,107 $202,200 $0 $0
2024 $4,107 $202,700 $0 $0
2023 $3,700 $162,500 $0 $0
2022 $4,081 $135,500 $0 $0
2021 $3,999 $130,800 $0 $0
2020 $3,318 $122,600 $0 $0
2019 $3,848 $115,200 $0 $0
2018 $3,766 $111,200 $0 $0
2017 $3,668 $102,400 $0 $0
2016 $3,553 $100,600 $0 $0
2015 $3,428 $100,600 $0 $0
2013 -- $91,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2013

    Linda Otis

    Keller Williams GR East

  • A

    Seller Co-Listing Agent in 2013

    Arthur(beau) Otis

    Greenridge Realty (Cascade)

    (616) 401-8880

    1 in this area

    122 Total Sales

    Arthur(beau) Otis
    Section Image

  • E

    Buyer's Agent in 2013

    Elizabeth Skidmore

    Berkshire Hathaway HomeServices Michigan Real Estate (Rock)

    (616) 690-4065

    52 Total Sales

    Elizabeth Skidmore
    Section Image
See All Agents

Map

Source: MichRIC

MLS Number: 13008673

MichRIC

APN: 41-18-35-254-008

Michigan Kent County Grand Rapids 49512 Bailey's Grove

5485 W Heathwood Dr SE, Grand Rapids, MI

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MichRIC Information is deemed reliable but not guaranteed.
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