$115,000
SOLD DEC 17, 2015

318 Lorene St Wayland, MI 49348

3 Beds
1 Bath
1,429 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$80 Per Sq Ft

4% Below List Price

8 Days on Market

Highlights

  • Wooded Lot
  • 2 Car Detached Garage
  • 1-Story Property
  • Fenced Yard
  • Forced Air Heating and Cooling System

About This Home

As of April 2024

You will not find another listing like this for $120,000 or less in Wayland! Stick built, 3 bedroom/1 bathroom with a two stall garage! Stainless steel appliances! The owner has recently finished the basement with 5/8 fire resistant drywall and LED lights to add an extra 493 sq. ft. of living space including a non-conforming bedroom/office. Sliding doors lead into the fenced in backyard. Nice quiet street within walking distance to the Wayland City Park and downtown Wayland.

Last Agent to Sell the Property

Anthony Hernandez

Five Star Real Estate (Grandv) License #6501378548 Listed on: 10/20/2015

Five Star Real Estate (Grandv)

Co-Listed By

John Cremer

Five Star Real Estate (Grandv) License #6502418398

Last Buyer's Agent

Robbie Brower

Bellabay Realty LLC License #6506049109

Bellabay Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,673

Year Built

  • Built in 1957

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132x66x132
  • Fenced Yard
  • Shrub
  • Wooded Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1,429 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House
  • Oven

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Phone Connected
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,673

Year Built

Built in 1957

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: 1957
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 66X132X66X132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1429.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • General Property Info:Design: Ranch
  • Tax Info:Annual Property Tax: 1673.0
  • Tax Info:Zoning3: Residential
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • General Property Info:Fireplace: No
  • Utilities Attached:Telephone Line: Yes
  • Water Heater:Natural Gas4: Yes
  • Garage Type Detached: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer, Oven, Refrigerator
  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 1429.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Basement Finished SQFT: 493.0
  • Basement Rooms:Total Basement SQFT: 2.0
  • Appliances:Oven: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 120000.0
  • Lot Features: Sidewalk, Wooded
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Features:Fenced Back: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Garage: Yes
  • Garage:Garage2: Yes
  • Garage Type:_two_: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas
  • Heating: Yes
  • Utilities: Electricity Connected, Telephone Line, Natural Gas Connected, Public Water, Public Sewer, Cable Connected

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Sq Ft: 8712.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1673.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2024
Closed on
Apr 15, 2024
Sold by
Sutherland Jacob
Bought by
Burton Trevell and Burton Rebecca
Seller's Agent
Darren DeFever
Fifth Floor Real Estate LLC
Buyer's Agent
Felicia Brooks
Five Star Real Estate
List Price
$240,000
Sold Price
$262,000
Premium/Discount to List
$22,000
9.17%
Current Estimated Value
$269,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,246
Avg. Annual Appreciation
2.26%
Original Mortgage
$257,254
Outstanding Balance
$254,349
Interest Rate
6.88%
Mortgage Type
FHA
Estimated Equity
$14,897

Purchase Details

Listed on
Jun 11, 2021
Closed on
Jul 20, 2021
Sold by
Huggett Jason and Huggett Laura
Bought by
Sutherland Jacob
Seller's Agent
Gretchen Peters
Five Star Real Estate (Jenison)
Buyer's Agent
Darren DeFever
Fifth Floor Real Estate LLC
List Price
$178,900
Sold Price
$200,000
Premium/Discount to List
$21,100
11.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.36%
Original Mortgage
$202,020
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2020
Sold by
Huggett Jason
Bought by
Huggett Jason and Huggett Laura A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,520
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 20, 2015
Closed on
Dec 17, 2015
Sold by
Groeneveld Benjamin and Groeneveld Jana
Bought by
Huggett Jason
Seller's Agent
Anthony Hernandez
Five Star Real Estate (Grandv)
Buyer's Agent
Robbie Brower
Bellabay Realty LLC
List Price
$120,000
Sold Price
$115,000
Premium/Discount to List
-$5,000
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.32%
Original Mortgage
$88,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2011
Sold by
Fannie Mae
Bought by
Groeneveld Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,080
Interest Rate
4.54%
Mortgage Type
VA

Purchase Details

Closed on
Apr 19, 2011
Sold by
Bac Home Loans Servicing Lp
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 17, 2011
Sold by
Yaeger Charles and Yaeger Linda
Bought by
Bac Home Loans Servicing Lp

Purchase Details

Closed on
Sep 28, 2007
Sold by
Merchant Craig and Lodenstein Melody
Bought by
Yaeger Charles and Yaeger Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2001
Sold by
Lodenstein Melody
Bought by
Merchant Craig and Lodenstein Melody
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 Type Sale Price Title Company
Warranty Deed $262,000 None Listed On Document
Warranty Deed $200,000 None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $115,000 Attorney
Deed $54,900 Attorneys Title Agency Llc
Quit Claim Deed -- None Available
Sheriffs Deed $111,636 None Available
Warranty Deed $109,000 Fidelity National Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $257,254 FHA
Previous Owner $202,020 New Conventional
Previous Owner $146,520 FHA
Previous Owner $15,000 Credit Line Revolving
Previous Owner $88,000 New Conventional
Previous Owner $18,045 Unknown
Previous Owner $56,080 VA
Previous Owner $109,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2024 04/29/24 For Sale $240,000 -8.4% $168 / Sq Ft
04/15/2024 04/15/24 Sold $262,000 +31.0% $183 / Sq Ft
03/14/2024 03/14/24 Pending -- -- --
07/21/2021 07/21/21 Sold $200,000 +11.8% $140 / Sq Ft
06/15/2021 06/15/21 Pending -- -- --
06/11/2021 06/11/21 For Sale $178,900 +55.6% $125 / Sq Ft
12/17/2015 12/17/15 Sold $115,000 -4.2% $80 / Sq Ft
10/28/2015 10/28/15 Pending -- -- --
10/20/2015 10/20/15 For Sale $120,000 -- $84 / 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 $3,427 $87,800 $11,700 $76,100
2024 $3,112 $79,600 $9,400 $70,200
2023 $3,112 $79,500 $9,900 $69,600
2022 $3,112 $69,300 $7,600 $61,700
2021 $2,475 $63,100 $6,900 $56,200
2020 $2,475 $59,600 $6,900 $52,700
2019 $2,363 $57,800 $6,900 $50,900
2018 $2,363 $54,700 $6,900 $47,800
2017 $0 $55,400 $6,900 $48,500
2016 $0 $47,900 $8,300 $39,600
2015 -- $47,900 $8,300 $39,600
2014 -- $42,500 $8,300 $34,200
2013 -- $38,900 $8,300 $30,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15055730

Southwestern Michigan Association of REALTORS®

APN: 56-700-004-00