NOT LISTED FOR SALE

12511 Terry Ave Wayland, MI 49348

Estimated Value: $253,000 - $374,000

2 Beds
1 Bath
1,152 Sq Ft
$277/Sq Ft Est. Value

Last Sold June 17, 2013

Last sale price $87,500 $76 Per Sq Ft

Est. 264% increase in value since last sale

Current estimated payment $1,996/month

90 Days on Market

Highlights

  • Docks
  • Living Room
  • Family Room
  • Recreation Room
  • Laundry Room
  • Shared Waterfront

About This Home

As of June 2013

Superb Location with access and Docking rights to highly desireable Cobb Lake. Cobb Lake is a private all sports lake centrally located to Grand Rapids and Kalamazoo. Views of the lake from home and access is just steps away. Quiet Setting on Cul-de-sac of Private Paved Road. Many perrenials and great neighborhood. Choice of Wayland or Thornapple Kellogg/Middleville Schools. Other great features: natural gas, cable, sewer and high speed internet. Great get-away or year round home. Come See!Possible Lease w/option to buy

Last Agent to Sell the Property

Patricia Koval

Koval Properties, Inc. Listed on: 01/31/2013

Last Buyer's Agent

Jessica Kraai

Greenridge Realty (Wayland)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,929

Year Built

  • Built in 1966

Lot Details

  • 10,367 Sq Ft Lot

Home Design

  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • 1,152 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Area
  • Recreation Room
  • Crawl Space
  • Range
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Docks
  • Shared Waterfront

Utilities

  • Heating Available
  • Well
  • Cable TV Available

Community Details

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,929

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1966
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator
  • Fireplace: No
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Crawl Space
  • LivingArea: 1152.0

Exterior Features

  • Construction Materials: Wood Siding, Aluminum Siding
  • List Price: 105000.0
  • Road Surface Type: Paved
  • Water Body Name: Cobb Lake
  • Waterfront Features: All Sports, Dock, Shared Frontage
  • Waterfront: Yes

Garage/Parking

  • Garage: Yes

Utilities

  • Heating: Yes
  • Utilities: Cable Connected
  • Water Source: Well

Lot Info

  • Lot Size Acres: 0.24
  • Lot Size Area: 0.24
  • Lot Size Sq Ft: 10367.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1929.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2021
Sold by
Buskirk Justin
Bought by
Schafer Cody L
Current Estimated Value
$318,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,200
Outstanding Balance
$173,439
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$145,099

Purchase Details

Listed on
Jan 31, 2013
Closed on
Jun 17, 2013
Sold by
Donnelly Kira and Estate Of Dale Carlton Cheers
Bought by
Buskirk Justin
Seller's Agent
Patricia Koval
Koval Properties, Inc.
Buyer's Agent
Jessica Kraai
Greenridge Realty (Wayland)
List Price
$105,000
Sold Price
$87,500
Premium/Discount to List
-$17,500
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.90%
Original Mortgage
$89,250
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2005
Sold by
Cheers Dale C and Niemchick Gary Lyn
Bought by
Cheers Dale C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
5.66%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Schafer Cody L $217,200 Chicago Title Co
Buskirk Justin $87,500 Chicago Title
Cheers Dale C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schafer Cody L $192,200
Previous Owner Buskirk Justin $89,250
Previous Owner Cheers Dale C $58,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2013 06/17/13 Sold $87,500 -16.7% $76 / Sq Ft
05/01/2013 05/01/13 Pending -- -- --
01/31/2013 01/31/13 For Sale $105,000 -- $91 / 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 $3,912 $111,100 $0 $0
2024 $3,912 $110,600 $0 $0
2023 $1,256 $77,900 $0 $0
2022 $1,256 $77,900 $0 $0
2021 $1,256 $55,100 $0 $0
2020 $1,562 $48,000 $0 $0
2019 $1,562 $53,800 $0 $0
2018 $1,516 $43,500 $11,800 $31,700
2017 $1,516 $43,500 $0 $0
2016 -- $39,400 $0 $0
2015 -- $39,700 $0 $0
2014 -- $39,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2013

    Patricia Koval

    Koval Properties, Inc.

  • J

    Buyer's Agent in 2013

    Jessica Kraai

    Greenridge Realty (Wayland)

    (941) 704-3129

    4 in this area

    12 Total Sales

    Jessica Kraai
    Section Image
See All Agents

Map

Source: MichRIC

MLS Number: 13006174

MichRIC

APN: 16-090-005-00

Michigan Barry County Wayland 49348

12511 Terry Ave, Wayland, MI

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MichRIC Information is deemed reliable but not guaranteed.
Copyright 2025 MichRIC, LLC. All rights reserved.

Nearby Homes