NOT LISTED FOR SALE

2697 Russell Dr Unit 13 Wayland, MI 49348

Estimated Value: $253,000 - $384,000

3 Beds
1 Bath
1,152 Sq Ft
$259/Sq Ft Est. Value

Last Sold April 07, 2016

Last sale price $125,000 $109 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $1,917/month

17 Days on Market

Highlights

  • 271 Feet of Waterfront
  • Beach
  • Deck
  • Docks
  • 3 Acre Lot
  • Eat-In Kitchen

About This Home

As of April 2016

Come check out this lovely 2 story home on Gun Lake! This 1152 square foot cottage has 3 beds and 1 bath and is within walking distance to the water. It is the second unit back from the water with lots of parking and it's own dock. You will also enjoy the deck with patio! Come check this home out and get ready for a Michigan summer on the water!

Last Agent to Sell the Property

Lucas Howard

Keller Williams GR East License #6502359815 Listed on: 02/02/2016

Keller Williams GR East

Last Buyer's Agent

Lucas Howard

Keller Williams GR East License #6502359815 Listed on: 02/02/2016

Keller Williams GR East

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 3 Acre Lot
  • Lot Dimensions are 173x82x14x271x80x150
  • 271 Feet of Waterfront
  • Property fronts a private road
  • Level Lot
  • Property is zoned RLF 401, RLF 401

Parking

  • Unpaved Driveway

Home Design

  • Cabin
  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,152 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Living Room
  • Dining Area
  • Laminate Flooring
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Docks
  • Shared Waterfront
  • Deck
  • Patio
  • Shed
  • Storage Shed
  • Play Equipment

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include trash, lawn/yard care
  • $850 HOA Transfer Fee

Amenities

  • Community Storage Space

Recreation

  • Beach
  • Recreational Area

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Cabin
  • Stories: 2
  • Year Built: 1960
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 173x82x14x271x80x150
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1152.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 3130.71
  • Tax Info:Zoning3: RLF 401
  • Waterfront Options:Water Access YN: Yes
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Lot Description:Level: Yes
  • Utilities Attached:Natural Gas: Yes
  • Air Conditioning:Wall Unit(s): Yes
  • Sewer:Public: Yes
  • Waterfront Options:Water Frontage3: 271.0
  • Util Avail at Street:Broadband: Yes
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Windows:Insulated Windows: Yes
  • General Property Info:Fireplace: No
  • Substructure:Slab: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Window Treatments: Yes
  • General Property Info:Condo Proj Name: OAK GROVE CONDOMINIUMS
  • General Property Info:SqFt Above Grade: 1152.0
  • General Property Info Garage YN: No
  • Flooring:Laminate Floor: Yes
  • Architectural Style Cabin: Yes
  • Other Structures:Storage Shed: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Flooring: Laminate
  • Interior Amenities: Ceiling Fan(s), Broadband, Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Slab
  • LivingArea: 1152.0
  • Window Features: Insulated Windows, Window Treatments
  • General Property Info:Stories2: 2.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: Play Equipment
  • List Price: 125000.0
  • Lot Features: Level, Recreational, Sidewalk
  • Other Structures: Shed(s)
  • Patio and Porch Features: Deck, Patio
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Roof: Composition
  • Water Body Name: Gun Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Features:Play Equipment: Yes
  • Patio and Porch Features:Deck(s): Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected
  • Water Source: Well
  • Water Well: Yes

Condo/Co-op/Association

  • Association Amenities: Beach Area, Detached Unit, Pets Allowed, Storage
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Association Info:Assoc Buy in Fee: 850
  • Association Info:Assoc Fee Payable: Annually
  • Water Fea Amenities:Public Access 1 Mile or Less: Yes
  • Water Fea Amenities:View: Yes
  • Assoc Amenities:Pets Allowed2: Yes
  • Water Fea Amenities:Shared Frontage: Yes
  • Water Fea Amenities:Assoc Access: Yes
  • Assoc Amenities:Detached Unit: Yes
  • Water Fea Amenities:Dock: Yes
  • Assoc Amenities:Storage: Yes
  • Assoc Amenities:Beach Area: Yes

Fee Information

  • Association Fee Includes: Other, Trash, Lawn/Yard Care

Lot Info

  • Lot Size Acres: 3.0
  • Lot Size Area: 3.0
  • Lot Dimensions: 173x82x14x271x80x150
  • Lot Size Sq Ft: 130680.0
  • Zoning Description: RLF 401
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3130.71
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2016
Closed on
Apr 7, 2016
Sold by
Fortenberry Michael and Fortenberry Carolyn
Bought by
Sherman Timothy and Sherman Jennifer
Seller's Agent
Lucas Howard
Keller Williams GR East
Buyer's Agent
Lucas Howard
Keller Williams GR East
List Price
$125,000
Sold Price
$125,000
Current Estimated Value
$298,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,428
Avg. Annual Appreciation
9.59%
Original Mortgage
$100,000
Outstanding Balance
$79,339
Interest Rate
3.64%
Estimated Equity
$219,089

Purchase Details

Closed on
Mar 31, 2005
Sold by
Stoit Deborah L
Bought by
Fortenberry Michael and Fortenberry Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,120
Interest Rate
5.37%
Source: Public Records

Range of Values:

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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
Sherman Timothy $125,000 Attorney
Fortenberry Michael $133,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherman Timothy $100,000
Previous Owner Fortenberry Michael $107,120
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2016 04/07/16 Sold $125,000 0.0% $109 / Sq Ft
02/19/2016 02/19/16 Pending -- -- --
02/02/2016 02/02/16 For Sale $125,000 -- $109 / 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 $3,942 $112,400 $0 $0
2024 $3,942 $107,300 $0 $0
2023 $3,655 $84,600 $0 $0
2022 $3,655 $84,600 $0 $0
2021 $3,655 $83,600 $0 $0
2020 $3,598 $80,900 $0 $0
2019 $3,598 $75,900 $0 $0
2018 $3,365 $70,500 $25,000 $45,500
2017 $3,365 $70,500 $0 $0
2016 -- $68,500 $0 $0
2015 -- $64,200 $0 $0
2014 -- $64,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16004086

Southwestern Michigan Association of REALTORS®

APN: 16-138-013-00