NOT LISTED FOR SALE

3201 5th St Wayland, MI 49348

Estimated Value: $468,000 - $627,000

3 Beds
3 Baths
2,875 Sq Ft
$180/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $455,000 $158 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,994/month

75 Days on Market

Highlights

  • Colonial Architecture
  • Wooded Lot
  • Porch
  • Deck
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of August 2024

Whether you're an equestrian, hobby farmer, gardening enthusiast or own your own business, this 10-acre site in Wayland Township is conveniently located 3 miles from US131, halfway between Grand Rapids and Kalamazoo.
Work remotely from a spacious home office with many windows, 10' ceiling, a ceiling fan and its own door to an outside deck. Fiber optic internet installation scheduled for end of July 2024.
Step out for a quick break, be it lunch on the porch, a quiet walk on the mowed nature trails, or maybe a bike ride. Perhaps later in the day it's dinner at the casino, fishing/boating at Gun Lake or golfing at a nearby course.

The home itself exudes warmth and sophistication, with a thoughtful layout designed for relaxation and convenience. Home updates and renovations include a kitchen refresh, addition of a main floor full bathroom with a luxurious tile shower and soaking tub, and a spacious laundry room. The roof and hot water tank were replaced in 2023.
The dining area offers the perfect setting for enjoying meals with family and friends, while sliding glass doors provide seamless access to the outdoor deck and fully fenced backyard.
Retreat to the master suite upstairs, a private oasis featuring a cathedral ceiling with a skylight, ceiling fan, walk-in closet, and an ensuite bathroom. Two additional bedrooms, one with an ensuite bathroom, provide plenty of space for family members or guests.

While sitting on the back deck or front porch, take in the views of the gardens. A short stroll away, you'll find the property's large 30'x36' barn with electric and water. Adjacent to the barn, are 3 pastures with electric stock fencing providing ample room for grazing and exercise.

Don't miss your chance to experience the best of both worlds in this exceptional home. Schedule your private showing today!

Last Agent to Sell the Property

Natalie Baeder

Eastbrook Realty License #6501439311 Listed on: 05/17/2024

Last Buyer's Agent

Kyle Krumm

Homestead Realty of W Michigan License #6501438706

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,965

Year Built

  • Built in 1989

Lot Details

  • 10 Acre Lot
  • The property's road front is unimproved
  • Shrub
  • Wooded Lot
  • Garden

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Home Design

  • Colonial Architecture
  • Brick or Stone Mason
  • Composition Roof
  • Vinyl Siding
  • Stone

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Basement

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer Hookup

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Propane Water Heater
  • Septic Tank
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,965

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Colonial
  • Stories: 2
  • Year Built: 1989
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 194.26
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 565x727x564x720 plus drive
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2875.0
  • General Property Info:Main Level Primary: No
  • Tax Info:Annual Property Tax: 2965.42
  • Tax Info:Zoning3: Residential
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Refrigerators: Yes
  • Water Heater:Propane2: Yes
  • Landscape:ShrubsHedges: Yes
  • General Property Info:Fireplace: No
  • Driveway:Gravel: Yes
  • Appliances Microwave: Yes
  • Landscape:Flower Garden: Yes
  • Additional Items:Ensuite: Yes
  • General Property Info:SqFt Above Grade: 2563.0
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Laundry Features Washer Hookup: Yes
  • General Property Info Garage YN: Yes
  • Flooring:Wood Floor: Yes
  • Architectural Style:Colonial: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Freezer, Microwave, Range, Refrigerator
  • Flooring: Wood
  • Interior Amenities: Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Other
  • LivingArea: 2875.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Basement Finished SQFT: 312.0
  • Basement Rooms:Total Basement SQFT: 703.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Below Grade Sq Ft: 312.0

Exterior Features

  • Construction Materials: Stone, Vinyl Siding
  • Exterior Features: Other
  • List Price: 497900.0
  • Lot Features: Wooded
  • Patio and Porch Features: Deck, Porch(es)
  • Road Surface Type: Unimproved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Stone: Yes
  • Exterior Features:Other16: Yes
  • Patio and Porch Features:Porch(es): Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Laundry Room, Main Level, Washer Hookup
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 10.0
  • Lot Size Area: 10.0
  • Lot Dimensions: 565x727x564x720 plus drive
  • Lot Size Sq Ft: 435600.0
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 2965.42
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2024
Closed on
Aug 30, 2024
Sold by
Gillenwater Family Trust and Gillenwater Robert
Bought by
Grasman Matthew and Grasman Nicole
Seller's Agent
Natalie Baeder
Eastbrook Realty
Buyer's Agent
Kyle Krumm
Homestead Realty of W Michigan
List Price
$569,400
Sold Price
$455,000
Premium/Discount to List
-$114,400
-20.09%
Views
93
Current Estimated Value
$517,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,851
Avg. Annual Appreciation
10.73%
Original Mortgage
$257,300
Outstanding Balance
$254,568
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$263,283

Purchase Details

Closed on
Jan 21, 2013
Sold by
Gillenwater Robert L and Kellogg Elizabeth M
Bought by
Gillenwater Robert L and Kellogg Elizabeth M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Grasman Matthew $455,000 None Listed On Document
Gillenwater Robert L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grasman Matthew $257,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2024 08/30/24 Sold $455,000 -8.6% $158 / Sq Ft
07/31/2024 07/31/24 Pending -- -- --
06/25/2024 06/25/24 Price Changed $497,900 -6.9% $173 / Sq Ft
06/17/2024 06/17/24 Price Changed $534,900 -3.6% $186 / Sq Ft
05/31/2024 05/31/24 Price Changed $554,900 -2.5% $193 / Sq Ft
05/17/2024 05/17/24 For Sale $569,400 -- $198 / Sq Ft
Source: MichRIC

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 $3,243 $207,400 $51,800 $155,600
2024 $2,824 $195,500 $55,000 $140,500
2023 $2,901 $180,100 $50,000 $130,100
2022 $2,824 $153,600 $31,100 $122,500
2021 $2,680 $144,300 $31,100 $113,200
2020 $2,631 $150,100 $28,300 $121,800
2019 $2,536 $124,600 $28,300 $96,300
2018 $1,323 $112,600 $31,100 $81,500
2017 $0 $113,400 $31,100 $82,300
2016 $0 $106,400 $30,000 $76,400
2015 -- $106,400 $30,000 $76,400
2014 -- $91,000 $29,400 $61,600
2013 -- $82,300 $29,400 $52,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 24024776

MichRIC

APN: 24-010-023-00