D
Seller's Agent in 2021
Dan Burrill
Five Star Real Estate (Grandv)
(616) 292-3876
80 Total Sales
120 N Forrest St Wayland, MI 49348
Estimated Value: $337,000 - $460,000
--
Bed
1
Bath
--
Sq Ft
0.37
Acres
About This Home
As of October 2021Don't miss out this well built duplex property that represents an attractive investment or owner occupied opportunity! Built in 2021 with over 1,400 square feet finished in each unit including main floor master bedroom with an additional 2 bedrooms and bathroom in the lower level. Living room with sliders to 12 x 12 deck, attached single stall garage, finished lower level family room and much more. 120 Forrest Unit B is currently available for viewing. Rent of $1,500 per month and tenant is responsible for gas, electric & half the water bill. Professionally landscaped. Unit A has a signed twelve month lease for $1,500 per month. Unit B has a signed six month lease. Seller is a licensed Real Estate Associate Broker. Showings on Unit B only. Currently unoccupied until 10/1/21
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $750
Year Built
- Built in 2021 | New Construction
Lot Details
- 0.37
Parking
- 6 Parking Spaces
Home Design
- Composition Roof
Utilities
- Forced Air Heating and Cooling System
- Cable TV Available
Additional Features
- Natural lighting in basement
- 0.37 Acre Lot
Community Details
- 2 Units
Listing and Financial Details
- Tenant pays for electricity, water, trash collection, sewer, gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 9, 2021
Closed on
Oct 21, 2021
Sold by
Southwood Llc
Bought by
Mcdonald Brian K
Seller's Agent
Dan Burrill
Five Star Real Estate (Grandv)
Buyer's Agent
Brian McDonald
RE/MAX Executive
List Price
$369,900
Sold Price
$358,800
Premium/Discount to List
-$11,100
-3%
Total Days on Market
1
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,557
Avg. Annual Appreciation
3.72%
Original Mortgage
$269,100
Outstanding Balance
$215,031
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$193,026
Purchase Details
Listed on
Jun 16, 2020
Closed on
Jul 1, 2020
Sold by
Estate Of Ruegena Vandersyde
Bought by
Southwood Llc
Seller's Agent
Dan Rabourn
RE/MAX of Grand Rapids (FH)
Buyer's Agent
Dan Burrill
Five Star Real Estate (Grandv)
List Price
$35,000
Sold Price
$32,500
Premium/Discount to List
-$2,500
-7.14%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
525.40%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mcdonald Brian K | $358,800 | Star Title Agency Llc | |
| Southwood Llc | $32,500 | Bell Ttl Agcy Opf Grand Rapi |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mcdonald Brian K | $269,100 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/21/2021 10/21/21 | Sold | $358,800 | -3.0% | -- |
| 09/10/2021 09/10/21 | Pending | -- | -- | -- |
| 09/09/2021 09/09/21 | For Sale | $369,900 | +1038.2% | -- |
| 07/01/2020 07/01/20 | Sold | $32,500 | -7.1% | -- |
| 06/17/2020 06/17/20 | Pending | -- | -- | -- |
| 06/16/2020 06/16/20 | For Sale | $35,000 | -- | -- |
Source: Southwestern Michigan Association of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $861 | $157,900 | $10,700 | $147,200 |
| 2023 | $861 | $155,500 | $10,500 | $145,000 |
| 2022 | $861 | $13,000 | $9,800 | $3,200 |
| 2021 | $717 | $12,900 | $9,800 | $3,100 |
| 2020 | $717 | $11,800 | $9,800 | $2,000 |
| 2019 | $0 | $11,400 | $9,400 | $2,000 |
| 2018 | $0 | $11,500 | $9,400 | $2,100 |
| 2017 | $0 | $11,600 | $9,400 | $2,200 |
| 2016 | $0 | $11,200 | $9,300 | $1,900 |
| 2015 | -- | $11,200 | $9,300 | $1,900 |
| 2014 | -- | $11,100 | $9,400 | $1,700 |
| 2013 | -- | $11,100 | $9,400 | $1,700 |
Source: Public Records
Agents Affiliated with this Home
-
Dan Burrill
-
Brian McDonald
Buyer's Agent in 2021
Brian McDonald
RE/MAX Michigan
(616) 291-4411
536 Total Sales
-
Dan Rabourn
Seller's Agent in 2020
Dan Rabourn
RE/MAX Michigan
(616) 446-0490
95 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 21104960
APN: 56-005-058-00
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