NOT LISTED FOR SALE

12747 Whispering Pines Dr Unit 5 Wayland, MI 49348

Estimated Value: $158,000 - $202,000

2 Beds
1 Bath
508 Sq Ft
1930 Built

Last Sold October 19, 2012

Last sale price $23,000 $45 Per Sq Ft

Est. 687% increase in value since last sale

Current estimated payment $1,068/month

11 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Deck
  • Cabin
  • Community Lake
  • Forced Air Heating System

About This Home

As of October 2012

2 bedroom, 1 bath condo located next to Gun Lake. Buyer to verify all property information. Property is sold as-is.

Last Agent to Sell the Property

Donald Feikema

Best Homes of Michigan LLC License #6506045190 Listed on: 08/30/2012

Last Buyer's Agent

Wendy Conner

Greenridge Cornell & Associates License #6506011044

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1930

Home Design

  • Cabin
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 508 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Unpaved Driveway
  • Unpaved Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well

Listing and Financial Details

  • REO, home is currently bank or lender owned

Community Details

Overview

  • Whispering Pines Condos
  • Community Lake

Recreation

  • Water Sports

Property Details

Home Type

Condominium

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Cabin/Cottage
  • Stories: 1
  • Year Built: 1930
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: DNA
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 508.0
  • General Property Info:Design: Cabin/Cottage
  • Tax Info:Annual Property Tax: 1144.0
  • Tax Info:Zoning3: RES
  • Waterfront Options:Water Access YN: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Driveway:Unpaved: Yes
  • General Property Info:Fireplace: No
  • Substructure:Slab: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:Condo Proj Name: WHISPERING PINES
  • General Property Info:SqFt Above Grade: 508.0
  • Special Features: RealEstateOwned
  • Property Sub Type: Condos

Interior Features

  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Slab
  • LivingArea: 508.0
  • General Property Info:Stories2: 1.0
  • Above Grade Finished Sq Ft: 508.0

Exterior Features

  • List Price: 22900.0
  • Road Surface Type: Paved
  • Water Body Name: Gun Lake
  • Waterfront Features: All Sports, Deeded Access
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Exterior Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Features: Unpaved
  • Garage:Garage2: No

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected
  • Water Source: Well
  • Water Well: Yes

Condo/Co-op/Association

  • Community Features: Lake

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Water Fea Amenities:Deeded Access: Yes

Lot Info

  • Lot Dimensions: DNA
  • Zoning Description: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1144.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2012
Closed on
Sep 20, 2012
Sold by
Fifth Third Bank
Bought by
Adams Richard and Adams Starr
Seller's Agent
Donald Feikema
Best Homes of Michigan LLC
Buyer's Agent
Wendy Conner
Greenridge Cornell & Associates
List Price
$22,900
Sold Price
$23,000
Premium/Discount to List
$100
0.44%
Current Estimated Value
$181,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,008
Avg. Annual Appreciation
17.27%

Purchase Details

Closed on
Mar 9, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Fifth Third Bank

Purchase Details

Closed on
Mar 25, 2010
Sold by
Peck Vern
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Apr 11, 2008
Sold by
Wpr Development Llc
Bought by
Peck Vern

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Adams Richard $23,000 Prism Title & Closing Servic
Fifth Third Bank -- None Available
Federal Home Loan Mortgage Corp $89,900 None Available
Peck Vern $135,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peck Vern $101,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2012 10/19/12 Sold $23,000 +0.4% $45 / Sq Ft
09/10/2012 09/10/12 Pending -- -- --
08/30/2012 08/30/12 For Sale $22,900 -- $45 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

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 $1,254 $73,500 $0 $0
2024 $1,254 $64,100 $0 $0
2023 $1,167 $47,800 $0 $0
2022 $1,167 $47,800 $0 $0
2021 $1,167 $44,600 $0 $0
2020 $1,122 $27,900 $0 $0
2019 $1,122 $27,600 $0 $0
2018 $1,046 $27,800 $12,500 $15,300
2017 $1,046 $27,800 $0 $0
2016 -- $30,600 $0 $0
2015 -- $41,000 $0 $0
2014 -- $41,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12047889

Southwestern Michigan Association of REALTORS®

APN: 16-370-005-00