NOT LISTED FOR SALE

321 Lorene St Wayland, MI 49348

Estimated Value: $247,000 - $297,000

3 Beds
1 Bath
1,064 Sq Ft
$244/Sq Ft Est. Value

Last Sold November 30, 2018

Last sale price $110,000 $103 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $1,713/month

10 Days on Market

Highlights

  • Deck
  • No HOA
  • Eat-In Kitchen
  • Recreation Room
  • 1 Car Attached Garage
  • Living Room

About This Home

As of November 2018

This is a great starter home in a nice location in the City of Wayland, on a quiet street. Back yard completely fenced in with play equipment. Walking distance to the parks, and local stores in the City of Wayland. Close to Kazoo, G.R. & Holland.

Last Listed By

Steve Sterken

ART Realty LLC - I License #6502353594 Listed on: 10/05/2018

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • 8,712 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 1 Car Attached Garage

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,064 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Recreation Room
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Play Equipment

Location

  • Mineral Rights Excluded

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 1
  • Year Built: 1956
  • ResoPropertyType: Residential
  • Architectural Style:Ranch: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 1064.0
  • Kitchen Features:Eating Area: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • Exterior Features: Play Equipment
  • Fencing: Fenced Back
  • List Price: 70000.0
  • Patio and Porch Features: Deck
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Features:Play Equipment: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Attached
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Phone Connected, Natural Gas Connected, Cable Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Dimensions: 66*132
  • Lot Size Sq Ft: 8712.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3901.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2018
Closed on
Nov 21, 2018
Sold by
Secretary Of Housing & Urban Development
Bought by
Sexton Nicholas and Sexton Bruce
Seller's Agent
Steve Sterken
ART Realty LLC - I
Buyer's Agent
Elif Turk
Bellabay Realty SW LLC - I
List Price
$70,000
Sold Price
$110,000
Premium/Discount to List
$40,000
57.14%
Total Days on Market
10
Current Estimated Value
$259,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,873
Avg. Annual Appreciation
12.69%
Original Mortgage
$88,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2018
Sold by
Michigan State Housing Development Autho
Bought by
Secretary Of Housing And Urban Developme

Purchase Details

Closed on
Oct 5, 2017
Sold by
Foote Ty A
Bought by
Michigan State Housing Development Autho

Purchase Details

Closed on
Nov 12, 2015
Sold by
Emery Matthew and Emery Kasey
Bought by
Foote Ty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,751
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 13, 1999
Sold by
Sweet Robert and Tripp Susan
Bought by
Emery Matthew

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
Sexton Nicholas $110,000 Ata National Title Group Llc
Secretary Of Housing And Urban Developme -- Servicelink
Michigan State Housing Development Autho $91,500 None Available
Foote Ty $96,500 Attorney
Emery Matthew $88,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sexton Nicholas $81,100
Closed Sexton Nicholas $88,000
Previous Owner Foote Ty $94,751
Previous Owner Emery Matt $5,000
Previous Owner Emery Matt $5,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2018 11/30/18 Sold $110,000 +57.1% $103 / Sq Ft
10/15/2018 10/15/18 Pending -- -- --
10/05/2018 10/05/18 For Sale $70,000 -- $66 / 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 $3,262 $94,300 $9,400 $84,900
2023 $3,262 $93,900 $9,900 $84,000
2022 $3,262 $82,000 $7,600 $74,400
2021 $3,059 $74,600 $6,900 $67,700
2020 $3,059 $70,400 $6,900 $63,500
2019 $0 $68,100 $6,900 $61,200
2018 $0 $63,400 $6,900 $56,500
2017 $0 $64,200 $6,900 $57,300
2016 $0 $53,600 $6,900 $46,700
2015 -- $53,600 $6,900 $46,700
2014 -- $47,200 $6,900 $40,300
2013 -- $43,500 $6,900 $36,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18049423

Southwestern Michigan Association of REALTORS®

APN: 56-700-030-00