NOT LISTED FOR SALE

8775 Bailey Dr NE Ada, MI 49301

Estimated Value: $763,000 - $944,000

4 Beds
2.5 Baths
3,552 Sq Ft
$243/Sq Ft Est. Value

Last Sold December 22, 2023

Last sale price $772,000 $217 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,117/month

2 Days on Market

Highlights

  • 2.18 Acre Lot
  • Deck
  • Wooded Lot
  • Knapp Forest Elementary School Rated A
  • Living Room with Fireplace
  • Screened Porch

About This Home

As of December 2023

A magical 2+ acre setting in Ada is amplified by the classic charm of its red ranch home and timeless black shutters. Beautifully perched at the top of a winding drive and featuring four bedrooms, three bathrooms, a 10'X20'' shed and a new pavilion with hot tub, there's no shortage of upgrades, life-proof quality in craftsmanship and an immediate sense that you've entered something special. A bucking of the completely open floor plan concept has created a duality in this former Parade Home where each of the rooms are simultaneously allowed to unfold, and yet not feel closed off. A first floor primary suite, with access to a screened sitting space, is just steps away from the new floor-to-ceiling stacked fireplace/mantle in the living room and a large office (that could easily be a fifth bedroom)! Find new carpeting throughout the main floor, a kitchen punctuated with a sizable coffee/drink station, dining room, parlor and an updated powder room + laundry. A warm sense of comfort greets you in the lower level with entertainment room to spare, a second fireplace, three bedrooms (all with large walk-in closets), a hall full bath and ample storage. A whole home generator, furnace, water heater, water softener, natural gas and front doors is simply a start to the sizable list of upgrades and improvements added since 2020! Located across the road from the bike trail and a quick walk/ride into the heart of downtown Ada, this property will make you feel connected to the surrounding Forest Hills school district, while also enjoying a private setting that beautifully illustrates, "I am now truly home!"

Last Agent to Sell the Property

Brooke Finlan

Five Star Real Estate (M6) License #6506048662 Listed on: 12/02/2023

Five Star Real Estate (M6)

Last Buyer's Agent

Melissa Perrine

Bellabay Realty (North) License #6501438820

Bellabay Realty (North)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,222

Year Built

  • Built in 2006

Lot Details

  • 2.18 Acre Lot
  • Sprinkler System
  • Wooded Lot

Parking

  • 3 Car Attached Garage

Home Design

  • Composition Roof
  • HardiePlank Siding

Interior Spaces

  • 3,552 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Living Room with Fireplace
  • 2 Fireplaces
  • Recreation Room with Fireplace
  • Screened Porch

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer
  • Sink Near Laundry

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Deck
  • Gazebo

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Power Generator
  • Well
  • Natural Gas Water Heater
  • Water Softener is Owned
  • Septic Tank
  • Septic System
  • High Speed Internet

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,222

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 2006
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 384.22
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 0
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 3552.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 9221.56
  • Tax Info:Zoning3: Residential
  • Waterfront Options:Water Access YN: No
  • Lot Description:Wooded: Yes
  • 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
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 2.0
  • Utilities Attached:Natural Gas: Yes
  • Windows:Insulated Windows: Yes
  • General Property Info:Fireplace: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Water Heater:Natural Gas4: Yes
  • Landscape:Underground Sprinkler: Yes
  • Utilities Attached:High-Speed Internet: Yes
  • Additional Items:Generator: Yes
  • General Property Info:SqFt Above Grade: 1952.0
  • Additional Items:Sump Pump: Yes
  • Laundry Features Main Level: Yes
  • Laundry Features Sink: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer, Water Softener Owned
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace Features: Living Room, Recreation Room
  • Fireplace: Yes
  • Fireplaces: 2
  • Total Bedrooms: 4
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Full
  • LivingArea: 3552.0
  • Window Features: Insulated Windows, Window Treatments
  • General Property Info:Stories2: 1.0
  • Appliances:Oven: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Fireplace:Rec Room: Yes
  • Appliances:Water Softener-Owned: Yes

Exterior Features

  • Construction Materials: HardiPlank Type
  • Exterior Features: Scrn Porch
  • List Price: 750000.0
  • Lot Features: Wooded
  • Patio and Porch Features: Deck
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Features:Gazebo: Yes
  • Exterior Features:Scrn Porch: Yes
  • Exterior Material:HardPlankCement Board: Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Electric: Generator
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Gas Dryer Hookup, Main Level, Sink
  • Sewer: Septic Tank
  • Utilities: Natural Gas Connected, High-Speed Internet
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 2.18
  • Lot Size Area: 2.18
  • Lot Dimensions: 0
  • Lot Size Sq Ft: 94961.0
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 9221.56
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2023
Closed on
Dec 22, 2023
Sold by
White Steven J and White Heidi M
Bought by
Graeff Gary and Krause Kimberly
Seller's Agent
Brooke Finlan
Five Star Real Estate (M6)
Buyer's Agent
Melissa Perrine
Bellabay Realty (North)
List Price
$750,000
Sold Price
$772,000
Premium/Discount to List
$22,000
2.93%
Views
25
Current Estimated Value
$861,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,841
Avg. Annual Appreciation
5.44%
Original Mortgage
$694,800
Outstanding Balance
$683,134
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$178,707

Purchase Details

Closed on
Jul 14, 2020
Sold by
White Steven J and White Heidi M
Bought by
White Steven J and White Heidi M

Purchase Details

Listed on
Jun 10, 2019
Closed on
Aug 30, 2019
Sold by
Katz Aaron and Katz Maryanne
Bought by
White Steven and White Heidi
Seller's Agent
Ben Iwema
Five Star Real Estate (Grandv)
Buyer's Agent
Brooke Finlan
Five Star Real Estate (M6)
List Price
$524,900
Sold Price
$515,000
Premium/Discount to List
-$9,900
-1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%
Original Mortgage
$412,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 19, 2013
Closed on
Dec 23, 2013
Sold by
Rainey Dennis and Rainey Debra
Bought by
Katz Aaron and Katz Maryanne
Seller's Agent
David Martin
Greenridge Realty (EGR)
Buyer's Agent
Brad Ditmar
EXP Realty (Grand Rapids)
List Price
$455,000
Sold Price
$440,000
Premium/Discount to List
-$15,000
-3.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.80%
Original Mortgage
$140,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 15, 2006
Sold by
Baker Bradley J and Baker Katherine M
Bought by
Rainey Dennis and Rainey Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 3, 2006
Sold by
Johnson Susan M
Bought by
Baker Bradley J
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
Graeff Gary $772,000 Sun Title
White Steven J -- None Available
White Steven $515,000 Chicago Title Of Mi Inc
Katz Aaron $440,000 Chicago Title
Rainey Dennis $455,000 Metropolitan Title Company
Baker Bradley J $156,000 Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graeff Gary $694,800
Previous Owner White Steven $412,000
Previous Owner Katz Aaron $140,000
Previous Owner Rainey Dennis $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/22/2023 12/22/23 Sold $772,000 +2.9% $217 / Sq Ft
12/04/2023 12/04/23 Pending -- -- --
12/02/2023 12/02/23 For Sale $750,000 +45.6% $211 / Sq Ft
08/30/2019 08/30/19 Sold $515,000 -1.9% $145 / Sq Ft View Prior Sale
07/18/2019 07/18/19 Pending -- -- --
06/10/2019 06/10/19 For Sale $524,900 +19.3% $148 / Sq Ft
12/23/2013 12/23/13 Sold $440,000 -3.3% $124 / Sq Ft View Prior Sale
12/18/2013 12/18/13 Pending -- -- --
10/19/2013 10/19/13 For Sale $455,000 -- $128 / 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 $7,863 $397,300 $0 $0
2024 $79 $379,500 $0 $0
2023 $9,188 $290,000 $0 $0
2022 $9,056 $283,600 $0 $0
2021 $8,770 $280,600 $0 $0
2020 $5,827 $272,800 $0 $0
2019 $6,547 $252,500 $0 $0
2018 $6,638 $209,700 $0 $0
2017 $6,787 $208,800 $0 $0
2016 $6,547 $219,900 $0 $0
2015 -- $219,900 $0 $0
2013 -- $213,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 23143646

MichRIC

APN: 41-15-26-227-020