$78,000
SOLD DEC 21, 2015

320 Lorene St Wayland, MI 49348

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

Recently Sold

$90 Per Sq Ft

15% Above List Price

21 Days on Market

Highlights

  • 1 Car Attached Garage
  • Forced Air Heating System
  • 1-Story Property
  • Living Room
  • Dining Area

About This Home

As of May 2016

Here is a great chance to buy a home on a tree lined street in Wayland. This one will require some TLC. Buyers and/or buyer's agents are responsible to verify all information herein and to also check for any possible city liens or code violations. Employees and family members residing with employees of JPMorgan Chase Bank, N.A, its affiliates or subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned by JPMorgan Chase Bank, N.A.

Last Agent to Sell the Property

Justin Howe

RE/MAX SunQuest Realty License #6501331804 Listed on: 11/10/2015

RE/MAX SunQuest Realty

Last Buyer's Agent

Pamela Foster

Berkshire Hathaway HomeServices Michigan Real Estate (Cascade) License #6501312894

Berkshire Hathaway HomeServices Michigan Real Estate (Cascade)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,800

Year Built

  • Built in 1957

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66 x 132

Parking

  • 1 Car Attached Garage

Home Design

  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Area
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,800

Year Built

Built in 1957

Lot Details

0

Parking

1

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: 66 X 132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 864.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • General Property Info:Design: Ranch
  • Tax Info:Annual Property Tax: 1800.0
  • Tax Info:Zoning3: Residential
  • Roofing:Composition: Yes
  • Garage Type Attached: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Sale Conditions:REOBank Owned: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 864.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Total Basement SQFT: 864.0

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 67600.0
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Attached
  • Garage:Garage2: Yes
  • Garage Type:_one_: Yes

Utilities

  • Heating: Natural Gas
  • Heating: Yes

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: 1800.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2016
Closed on
May 13, 2016
Sold by
Hays Randal and Hays Robin L
Bought by
Anes Hilary
Seller's Agent
Pamela Foster
Spica Real Estate
Buyer's Agent
Pamela Foster
Berkshire Hathaway HomeServices Michigan Real Estate (Cascade)
List Price
$125,000
Sold Price
$112,500
Premium/Discount to List
-$12,500
-10%
Current Estimated Value
$265,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,741
Avg. Annual Appreciation
9.50%
Original Mortgage
$113,110
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 10, 2015
Closed on
Dec 9, 2015
Sold by
U S Bank Na
Bought by
Hays Randal
Seller's Agent
Justin Howe
RE/MAX SunQuest Realty
Buyer's Agent
Pamela Foster
Berkshire Hathaway HomeServices Michigan Real Estate (Cascade)
List Price
$67,600
Sold Price
$78,000
Premium/Discount to List
$10,400
15.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
155.76%

Purchase Details

Closed on
Jul 16, 2015
Sold by
Shrontz Brian S and Shrontz Amanda M
Bought by
Us Bank Na

Purchase Details

Closed on
Mar 16, 2005
Sold by
Leese Neal and Leese Jennifer
Bought by
Shrontz Brian S and Shrontz Amanda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,900
Interest Rate
5.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 1999
Sold by
Gonzales Wm and Schroeder Greta
Bought by
Leese Neal
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 $112,500 Midstate Title Agency Llc
Deed $78,000 None Available
Sheriffs Deed $68,106 Attorney
Warranty Deed $124,900 Keystone Lighthouse Title In
Deed $85,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $109,200 New Conventional
Closed $113,110 New Conventional
Previous Owner $99,900 New Conventional
Previous Owner $99,900 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2016 05/13/16 Sold $112,500 -10.0% $87 / Sq Ft
03/15/2016 03/15/16 Pending -- -- --
03/15/2016 03/15/16 For Sale $125,000 +60.3% $96 / Sq Ft
12/21/2015 12/21/15 Sold $78,000 +15.4% $90 / Sq Ft
12/01/2015 12/01/15 Pending -- -- --
11/10/2015 11/10/15 For Sale $67,600 -- $78 / 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 $3,160 $93,400 $11,700 $81,700
2024 $2,871 $84,700 $9,400 $75,300
2023 $2,871 $84,500 $9,900 $74,600
2022 $2,871 $73,600 $7,600 $66,000
2021 $2,690 $67,000 $6,900 $60,100
2020 $2,690 $63,200 $6,900 $56,300
2019 $0 $61,200 $6,900 $54,300
2018 $0 $58,400 $6,900 $51,500
2017 $0 $59,100 $6,900 $52,200
2016 $0 $50,800 $8,300 $42,500
2015 -- $50,800 $8,300 $42,500
2014 -- $45,100 $8,300 $36,800
2013 -- $41,700 $8,300 $33,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15058947

Southwestern Michigan Association of REALTORS®

APN: 56-700-003-00