NOT LISTED FOR SALE

557 Bailey Meadows NE Ada, MI 49301

Estimated Value: $853,222

5 Beds
3.5 Baths
2,730 Sq Ft
$313/Sq Ft Est. Value

Last Sold August 30, 2023

Last sale price $810,000 $297 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,011/month

Highlights

  • 3.44 Acre Lot
  • Traditional Architecture
  • 3 Car Attached Garage
  • Knapp Forest Elementary School Rated A
  • No HOA
  • Wet Bar

About This Home

As of November 2023

This beautiful 2-story home is situated on 3.5 acres and located in the Forest Hills School District. With 5 bedrooms, 3 1/2 bathrooms, it has 3400 sq ft of finished living space. Built in 2013, this residence still looks like new and has been meticulously maintained. The rooms are nicely proportioned and the floor-plan is conducive for today's busy lifestyle. It has a large living area with stone fireplace and raised hearth. There are multiple eating areas on the main, and sliders from the stunning kitchen open to an expansive deck overlooking the rear of the property. The location is private yet convenient to the Village of Ada. Whole house generator.

Last Agent to Rent the Property

John Postma

RE/MAX of Grand Rapids (FH) License #6502114085 Listed on: 09/25/2023

RE/MAX of Grand Rapids (FH)

Last Renter's Agent

John Postma

RE/MAX of G.R. Inc. (SE) - I

Home Details

Home Type

  • Single Family

Year Built

  • 2013

Lot Details

  • 3.44 Acre Lot

Parking

  • 3 Car Attached Garage
  • Off-Street Parking

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,730 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Natural lighting in basement
  • Home Security System
  • Washer

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property Available on 10/10/23

Home Details

Home Type

Single Family

Year Built

2013

Lot Details

3.44 Acres

Parking

3

Rental Info

  • Available Date: 2023-10-10
  • Furnished: Unfurnished

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential Lease
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2730.0
  • Waterfront Options:Water Access YN: No
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Daylight: Yes
  • Location Property Info:Vacation Rental: No
  • Location Property Info:AptCondo Cmplx Name: None
  • Air Conditioning:Central Air2: Yes
  • General Property Info:Zoning2: Residential
  • General Property Info Garage YN: Yes
  • Pet Details No2: Yes
  • Architectural Style:Traditional: Yes
  • Security Features Security System3: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built (Public Record): 2013

Interior Features

  • Fireplace: No
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Basement: Daylight
  • LivingArea: 2730.0
  • General Property Info:Stories2: 2.0
  • Appliances Provided:Dishwasher2: Yes
  • Appliances Provided:Disposal2: Yes
  • Appliances Provided:Microwave2: Yes
  • Appliances Provided:Refrigerator2: Yes
  • Appliances Provided:Washer2: Yes
  • Appliances Provided:Wet Bar2: Yes

Exterior Features

  • List Price: 4500.0
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage: Yes
  • Parking Features: Attached
  • General Property Info:Parking: Off Street
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 3.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Security Features: Security System

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Acres: 3.44
  • Lot Size Area: 3.44
  • Lot Size Sq Ft: 149846.0
  • Zoning Description: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2023
Closed on
Aug 30, 2023
Sold by
Bracken Brian J and Bracken Abbigail L
Bought by
Hayes Dallas and Hayes Ashley
Seller's Agent
Hugh Griffith
Keller Williams GR East
Buyer's Agent
John Postma
RE/MAX Of Grand Rapids
List Price
$750,000
Sold Price
$810,000
Premium/Discount to List
$60,000
8%
Views
36
Current Estimated Value
$853,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,222
Avg. Annual Appreciation
2.08%
Original Mortgage
$726,200
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 10, 2016
Closed on
Nov 10, 2016
Sold by
Woods Daniel and Woods Ashley
Bought by
Bracken Brian J and Bracken Abbigail L
Seller's Agent
Larry Martin
Keller Williams Realty Rivertown
Buyer's Agent
Hugh Griffith
Keller Williams GR East
List Price
$540,000
Sold Price
$519,000
Premium/Discount to List
-$21,000
-3.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.75%
Original Mortgage
$415,200
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 2, 2012
Closed on
Feb 11, 2013
Sold by
Sharp Margaret A
Bought by
Woods Daniel and Woods Ashley
Seller's Agent
Karol Cooley
Keller Williams GR East
Buyer's Agent
Karol Cooley
Keller Williams GR East
List Price
$69,900
Sold Price
$55,000
Premium/Discount to List
-$14,900
-21.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
81.95%

Purchase Details

Closed on
Dec 10, 2002
Sold by
Sharp Margaret A
Bought by
Sharp Margaret A
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2023 11/01/23 Rented $4,500 0.0% --
10/02/2023 10/02/23 Under Contract -- -- --
09/25/2023 09/25/23 For Rent $4,500 0.0% --
08/30/2023 08/30/23 Sold $810,000 +8.0% $233 / Sq Ft View Prior Sale
07/26/2023 07/26/23 Pending -- -- --
07/21/2023 07/21/23 For Sale $750,000 +44.5% $216 / Sq Ft
11/10/2016 11/10/16 Sold $519,000 -3.9% $153 / Sq Ft View Prior Sale
09/20/2016 09/20/16 Pending -- -- --
06/10/2016 06/10/16 For Sale $540,000 +881.8% $159 / Sq Ft
02/11/2013 02/11/13 Sold $55,000 -21.3% -- View Prior Sale
01/16/2013 01/16/13 Pending -- -- --
06/02/2012 06/02/12 For Sale $69,900 -- --
Source: MichRIC

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 $7,438 $405,000 $0 $0
2024 $74 $359,000 $0 $0
2023 $9,354 $346,000 $0 $0
2022 $9,061 $299,300 $0 $0
2021 $8,708 $279,500 $0 $0
2020 $5,786 $278,300 $0 $0
2019 $8,090 $270,400 $0 $0
2018 $8,218 $259,600 $0 $0
2017 $8,576 $272,500 $0 $0
2016 $8,090 $225,800 $0 $0
2015 -- $225,800 $0 $0
2013 -- $44,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 23135649

MichRIC

APN: 41-15-24-300-059

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