NOT LISTED FOR SALE

305 S Locust St Wayland, MI 49348

Estimated Value: $227,000 - $265,000

3 Beds
1 Bath
1,204 Sq Ft
$204/Sq Ft Est. Value

Last Sold April 04, 2012

Last sale price $41,000 $34 Per Sq Ft

Est. 500% increase in value since last sale

Current estimated payment $1,525/month

7 Days on Market

About This Home

As of April 2012

Spacious 3 bedroom home in a great Wayland location! Much larger than it appears with basement for storage, enclosed porch and detached garage. A great opportunity! All information regarding property subject to buyer verification. This property is approved for HomePath renovation financing.

Last Listed By

David Brooks

LASTBIDrealestate.com - I Listed on: 03/22/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,915

Year Built

  • Built in 1892

Lot Details

  • 0.45 Acre Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,204 Sq Ft Home
  • Michigan Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,915

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1892
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Michigan Basement
  • LivingArea: 1204.0

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 41500.0
  • Roof: Composition

Garage/Parking

  • Garage: Yes

Lot Info

  • Lot Size Acres: 0.45
  • Lot Size Area: 0.45
  • Lot Size Sq Ft: 19602.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2012
Closed on
Apr 4, 2012
Sold by
Fannie Mae
Bought by
Holcomb Michael F and Holcomb Michael A
Seller's Agent
David Brooks
LASTBIDrealestate.com - I
Buyer's Agent
Susan Deane
Greenridge Realty (Summit)
List Price
$41,500
Sold Price
$41,000
Premium/Discount to List
-$500
-1.2%
Total Days on Market
7
Current Estimated Value
$246,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,153
Avg. Annual Appreciation
14.74%

Purchase Details

Closed on
Feb 2, 2012
Sold by
Chrisman Mary
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 8, 1999
Sold by
Ward Rachel
Bought by
Chrisman Mary

Purchase Details

Closed on
May 25, 1999
Sold by
Ward Rachel and Ward Porter Virginia
Bought by
Ward Rachel

Purchase Details

Closed on
Sep 28, 1994
Sold by
Hiar Gertrude
Bought by
Ward Rachel and Ward Porter Virginia

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
Holcomb Michael F $41,000 Etitle Agency Inc
Federal National Mortgage Association $70,018 None Available
Chrisman Mary $80,900 --
Ward Rachel -- --
Ward Rachel -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2012 04/04/12 Sold $41,000 -1.2% $34 / Sq Ft
03/29/2012 03/29/12 Pending -- -- --
03/22/2012 03/22/12 For Sale $41,500 -- $34 / 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 $1,915 $88,900 $11,800 $77,100
2023 $1,915 $71,700 $8,600 $63,100
2022 $1,915 $64,100 $7,900 $56,200
2021 $1,791 $58,800 $7,600 $51,200
2020 $1,791 $56,700 $7,600 $49,100
2019 $1,710 $55,100 $7,600 $47,500
2018 $1,710 $51,800 $7,600 $44,200
2017 $0 $52,500 $7,600 $44,900
2016 $0 $44,400 $7,600 $36,800
2015 -- $44,400 $7,600 $36,800
2014 -- $39,500 $7,600 $31,900
2013 -- $36,200 $7,600 $28,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12015457

Southwestern Michigan Association of REALTORS®

APN: 56-005-087-00