NOT LISTED FOR SALE

8085 Bailey Dr NE Ada, MI 49301

Estimated Value: $523,000 - $636,000

2.98 Acres
$193,224 Price per Acre
129,809 Sq Ft Lot

Last Sold May 25, 2018

Last sale price $338,000

Est. 70% increase in value since last sale

Current estimated payment $3,254/month

6 Days on Market

Highlights

  • Stables
  • 2.98 Acre Lot
  • Pole Barn
  • Knapp Forest Elementary School Rated A

About This Lot

As of May 2018

This hilltop 3 acre parcel in the Forest Hills School district could be the perfect spot for your new home. Multiple walkout locations. Currently there is a 30x45 pole barn with concrete floor, a horse barn, a 4 car detached garage with heat, and 2000 sq ft home that is completely livable. Natural gas and well /septic in place. The property is completely fenced. The bike path at the end of the driveway is less than a mile to downtown Ada.

Last Agent to Sell the Property

John Holkeboer

Greenridge Realty (EGR) License #6501257864 Listed on: 03/21/2018

Last Buyer's Agent

John Holkeboer

Greenridge Realty (EGR) License #6501257864 Listed on: 03/21/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,598

Lot Details

  • 2.98 Acre Lot
  • Lot Dimensions are 400x325
  • Property is zoned RR, RR

Utilities

  • Well
  • Septic Tank
  • Cable TV Available

Additional Features

  • Pole Barn
  • Mineral Rights Excluded
  • Stables

Property Details

Property Type

Land

Est. Annual Taxes

$3,598

Lot Details

2.98 Acres

Listing Details

  • Property Sub-Type: Acreage
  • Property Type: Land
  • ResoPropertyType: Land
  • General Property Info:Lot Dimensions: 400x325
  • General Property Info:Waterfront3: No
  • Tax Info:Annual Property Tax: 3598.0
  • Tax Info:Zoning3: RR
  • Utilities Attached:Electric4: Yes
  • Utilities Attached:Natural Gas: Yes
  • General Property Info:Property Sub-Type2: Acreage
  • Utilities Attached:Septic: Yes
  • Utilities Attached:Well2: Yes
  • Util Avail at Street:Cable2: Yes
  • Mineral Rights:No: Yes
  • Outbuildings:Pole Barn: Yes
  • Outbuildings:Stable: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 325000.0
  • Road Surface Type: Paved
  • Waterfront: No

Utilities

  • Water Source: Well

Lot Info

  • Lot Size Acres: 2.98
  • Lot Size Area: 2.98
  • Lot Size Sq Ft: 129808.0
  • Zoning Description: RR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3598.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2018
Closed on
May 24, 2018
Sold by
Estate Of Glenn L Haglund
Bought by
Holmes Julie E
Seller's Agent
John Holkeboer
Greenridge Realty (EGR)
Buyer's Agent
John Holkeboer
Greenridge Realty (EGR)
List Price
$325,000
Sold Price
$338,000
Premium/Discount to List
$13,000
4%
Current Estimated Value
$575,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,807
Avg. Annual Appreciation
7.06%
Original Mortgage
$321,100
Outstanding Balance
$276,478
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$299,329
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Holmes Julie E $338,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holmes Julie E $321,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2018 05/25/18 Sold $338,000 +4.0% --
03/27/2018 03/27/18 Pending -- -- --
03/21/2018 03/21/18 For Sale $325,000 -- --
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 $3,096 $240,700 $0 $0
2024 $31 $219,500 $0 $0
2023 $4,469 $155,800 $0 $0
2022 $4,329 $154,300 $0 $0
2021 $4,160 $147,600 $0 $0
2020 $2,764 $143,900 $0 $0
2019 $3,470 $127,000 $0 $0
2018 $6,107 $123,000 $0 $0
2017 $3,598 $117,400 $0 $0
2016 $3,470 $128,100 $0 $0
2015 -- $128,100 $0 $0
2013 -- $121,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 18010453

MichRIC

APN: 41-15-26-300-077

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