NOT LISTED FOR SALE

202 N Locust St Wayland, MI 49348

Estimated Value: $317,000 - $368,000

2 Beds
1 Bath
1,828 Sq Ft
$184/Sq Ft Est. Value

Last Sold June 07, 2024

Last sale price $325,000 $178 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,141/month

5 Days on Market

Highlights

  • 2 Fireplaces
  • 4 Car Garage
  • High Speed Internet
  • Forced Air Heating and Cooling System

About This Home

As of June 2024

Welcome to 200 and 202 North Locust a well kept duplex in the city of Wayland. A great opportunity for owner-occupant or as a complete rental. North side floor plan features 1 bedroom and the south has 2. Each unit has a 1 stall garage, AC and laundry. Situated on a corner lot with frontage on Locust and Maple, the duplex has a nice yard with large shade trees. In addition, is an un-attached 24x24 two stall garage located on the north side of the property, great for storage or additional rental opportunities.

Last Listed By

Scott VanderKolk, Jr

City2Shore Gateway Group Listed on: 05/03/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,440

Year Built

  • Built in 1964

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 66x182

Parking

  • 4 Car Garage

Home Design

  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 2 Fireplaces
  • Crawl Space

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Tenant pays for water
  • The owner pays for water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,440

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 2
  • Basement: Crawl Space
  • Basement: No

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 339000.0
  • Number of Buildings: 2
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes
  • Unit 2:Garage5: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Water Available, Sewer Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected, Broadband

Lot Info

  • Lot Size Acres: 0.28
  • Lot Size Area: 0.28
  • Lot Dimensions: 66x182
  • Lot Size Sq Ft: 12023.0
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Water

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3440.0
  • Tax Year: 9999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2024
Closed on
Jun 10, 2024
Sold by
Dykstra Samuel C
Bought by
Nichols Benjamin
Seller's Agent
Scott VanderKolk, Jr
City2Shore Gateway Group
Buyer's Agent
Nicholas Williams
Bellabay Realty LLC
List Price
$339,000
Sold Price
$325,000
Premium/Discount to List
-$14,000
-4.13%
Total Days on Market
5
Views
3
Current Estimated Value
$336,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,858
Avg. Annual Appreciation
1.35%

Purchase Details

Closed on
Aug 25, 2014
Sold by
Dykstra Samuel C and Dykstra Linda L
Bought by
Dykstra Samuel C and Dykstra Linda L

Range of Values:

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Average Value
Not Available
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
Nichols Benjamin $325,000 Next Door Title Agency
Dykstra Samuel C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dykstra Samuel C $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Sold $325,000 -4.1% $178 / Sq Ft
05/08/2024 05/08/24 Pending -- -- --
05/03/2024 05/03/24 For Sale $339,000 -- $185 / 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
2024 $3,280 $117,400 $13,000 $104,400
2023 $3,280 $96,800 $11,800 $85,000
2022 $3,280 $71,900 $11,800 $60,100
2021 $3,198 $68,600 $10,900 $57,700
2020 $3,198 $70,900 $10,900 $60,000
2019 $0 $69,700 $10,000 $59,700
2018 $0 $63,600 $10,000 $53,600
2017 $0 $64,900 $10,000 $54,900
2016 $0 $60,400 $10,000 $50,400
2015 -- $60,400 $10,000 $50,400
2014 -- $56,200 $10,000 $46,200
2013 -- $52,300 $10,000 $42,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24021750

Southwestern Michigan Association of REALTORS®

APN: 56-250-010-00