NOT LISTED FOR SALE

2018 Island Dr Wayland, MI 49348

Estimated Value: $330,000 - $398,712

3 Beds
1 Bath
1,144 Sq Ft
$323/Sq Ft Est. Value

Last Sold June 20, 2017

Last sale price $152,000 $133 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $2,274/month

56 Days on Market

Highlights

  • 90 Feet of Waterfront
  • Porch
  • Eat-In Kitchen
  • Property fronts a channel
  • 2 Car Attached Garage
  • Patio

About This Home

As of June 2017

90 feet of frontage on the channel of gun lake all sports lake .Home offers 3 bedroom 1 bath Ranch with all new carpet and fresh paint. Enjoy the summer AS you sit out on the porch watching the boats and wild duck and gooses. Perfect summer home or year round your choice the possibilities are endless.

Last Agent to Sell the Property

Tammy Waller

Location Realty License #6502369515 Listed on: 03/06/2017

Co-Listed By

Dennis Zank

Location Realty License #6502396884

Last Buyer's Agent

Tammy Waller

Location Realty License #6502369515 Listed on: 03/06/2017

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1975

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 52 x 164 x 90 x 141
  • Property fronts a channel
  • 90 Feet of Waterfront
  • Garden

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 1,144 Sq Ft Home
  • 1-Story Property
  • Attic Fan
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Basement

  • Michigan Basement
  • Partial Basement

Outdoor Features

  • Water Access
  • Patio
  • Porch

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1975
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 52 x 164 x 90 x 141
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1144.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 4581.43
  • Tax Info:Zoning3: res
  • Waterfront Options:Water Access YN: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Substructure:Partial: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Waterfront Options:Water Frontage3: 90.0
  • General Property Info:Fireplace: No
  • Substructure:Michigan Basement: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Landscape:Flower Garden: Yes
  • General Property Info:SqFt Above Grade: 1144.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Air Conditioning:Attic Fan: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Michigan Basement, Partial
  • LivingArea: 1144.0
  • General Property Info:Stories2: 1.0
  • Kitchen Features:Eating Area: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 170000.0
  • Patio and Porch Features: Patio, Porch(es)
  • Road Surface Type: Paved
  • Water Body Name: Gun Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes
  • Patio and Porch Features:Porch(es): Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Attic Fan, Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Natural Gas Available, Electricity Available, Natural Gas Connected
  • Water Source: Well
  • Water Well: Yes

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Water Fea Amenities:Channel: Yes

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Dimensions: 52 x 164 x 90 x 141
  • Lot Size Sq Ft: 10802.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4581.43
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2017
Closed on
Jun 1, 2017
Sold by
Fannie Mae
Bought by
Mcbride Edward K and Mcbride Marjorie C
Seller's Agent
Tammy Waller
Location Realty
Buyer's Agent
Tammy Waller
Location Realty
List Price
$180,000
Sold Price
$152,000
Premium/Discount to List
-$28,000
-15.56%
Current Estimated Value
$369,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,428
Avg. Annual Appreciation
11.31%
Original Mortgage
$121,600
Outstanding Balance
$101,146
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$268,282

Purchase Details

Closed on
Nov 2, 2016
Sold by
Cook Perry W and Cook Ann Marie
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 10, 2007
Sold by
Brooker Leonor
Bought by
Wilkins Michael J and Carr Debra S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,900
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 2007
Sold by
Wall Ronald C and Wall Carol M
Bought by
Cook Perry W and Cook Ann Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,900
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 2004
Sold by
Bartell Thomas W and The Thomas W Bartell Trust
Bought by
Bartell Thomas W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,336
Interest Rate
5.85%
Mortgage Type
Credit Line Revolving
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
Mcbride Edward K $152,000 First Title & Escrow Inc
Federal National Mortgage Association $153,033 Stewart Title Company
Wilkins Michael J $32,000 Chicago Title
Cook Perry W $169,900 Chicago Title
Bartell Thomas W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcbride Edward K $121,600
Previous Owner Cook Perry W $169,900
Previous Owner Bartell Thomas W $116,336
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2017 06/20/17 Sold $152,000 -15.6% $133 / Sq Ft
05/01/2017 05/01/17 Pending -- -- --
03/06/2017 03/06/17 For Sale $180,000 -- $157 / 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 $3,795 $185,500 $0 $0
2024 $3,795 $170,700 $0 $0
2023 $3,598 $118,200 $0 $0
2022 $3,598 $118,200 $0 $0
2021 $3,598 $107,700 $0 $0
2020 $3,595 $101,900 $0 $0
2019 $3,595 $96,400 $0 $0
2018 $3,841 $94,500 $59,000 $35,500
2017 $3,841 $94,500 $0 $0
2016 -- $85,600 $0 $0
2015 -- $80,200 $0 $0
2014 -- $80,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17008716

Southwestern Michigan Association of REALTORS®

APN: 16-235-025-00