NOT LISTED FOR SALE

324 Forrest St Wayland, MI 49348

Estimated Value: $245,799 - $284,000

3 Beds
1 Bath
1,521 Sq Ft
$174/Sq Ft Est. Value

Last Sold June 04, 2013

Last sale price $50,000 $33 Per Sq Ft

Est. 429% increase in value since last sale

Current estimated payment $1,663/month

6 Days on Market

Highlights

  • Recreation Room
  • Living Room
  • Dining Area
  • Den
  • Laundry Room

About This Home

As of June 2013

HUD Home Sold AS-IS by electronic bid only. Great Starter home. Attractive Cape Cod Style Home Has Lots To Offer. Large Living Room, Main floor Master Bedroom With Huge Walk-in Closet, Main Floor Laundry, 2 Good Sized Bedrooms Up Stairs, Rec Room Or Family Room The Fenced Backyard Is absolutely Huge. Home Is A Must See! Disclosures:Repairs exceed $5,000. Repairs may include but not limited to HVAC, structure, electrical, roof, plumbing; Inspection recommended. Evidence of water infiltration. Foundation has typical settlement cracks and water intrusion. Chimney needs repairs - appears to be unsound. Water heater needs replacement. Evidence of defective paint.

Last Agent to Sell the Property

Patricia Koval

Koval Properties, Inc. Listed on: 04/13/2013

Last Buyer's Agent

Kathy Dennison

Lighthouse Property Management License #6502319881

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,222

Year Built

  • Built in 1958

Lot Details

  • 0.27 Acre Lot

Home Design

  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1,521 Sq Ft Home
  • Living Room
  • Dining Area
  • Den
  • Recreation Room
  • Crawl Space
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Natural Gas Connected
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,222

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1958
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Crawl Space
  • LivingArea: 1521.0

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 58000.0
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Garage: Yes

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Telephone Line, Public Water, Public Sewer, Cable Connected, Broadband

Lot Info

  • Lot Size Acres: 0.27
  • Lot Size Area: 0.27
  • Lot Size Sq Ft: 11761.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2016
Sold by
Adrianse Kathy Dennison and Adrianse Kathy
Bought by
Baker Development Llc
Current Estimated Value
$264,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,611
Outstanding Balance
$91,218
Interest Rate
3.57%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$173,232

Purchase Details

Listed on
Apr 13, 2013
Closed on
May 30, 2013
Sold by
Secretary Of Housing & Urban Development
Bought by
Adrianse Kathy Dennison
Seller's Agent
Patricia Koval
Koval Properties, Inc.
Buyer's Agent
Kathy Dennison
Lighthouse Property Management
List Price
$58,000
Sold Price
$50,000
Premium/Discount to List
-$8,000
-13.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.29%

Purchase Details

Closed on
Jan 23, 2013
Sold by
Jpmorgan Chase Bank National Association
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Aug 16, 2012
Sold by
Marsh Brett D
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Apr 2, 2008
Sold by
Meissner Denise and Meissner Mark A
Bought by
Marsh Brett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,294
Interest Rate
6.09%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 14, 1997
Sold by
Baker James A and Baker Susan M
Bought by
Meissner Mark and Meissner Denise
Source: Public Records

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
Baker Development Llc -- None Available
Adrianse Kathy Dennison $50,000 None Available
Secretary Of Housing & Urban Development -- None Available
Jpmorgan Chase Bank National Association $44,000 None Available
Marsh Brett $90,000 Metropolitan Title Company
Meissner Mark $74,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Development Llc $114,611
Previous Owner Marsh Brett $89,294
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2013 06/04/13 Sold $50,000 -13.8% $33 / Sq Ft
04/19/2013 04/19/13 Pending -- -- --
04/13/2013 04/13/13 For Sale $58,000 -- $38 / 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 $3,222 $95,200 $11,700 $83,500
2024 $2,927 $86,200 $9,400 $76,800
2023 $2,927 $74,500 $8,600 $65,900
2022 $2,927 $67,200 $8,600 $58,600
2021 $2,719 $61,300 $7,900 $53,400
2020 $2,719 $58,000 $7,900 $50,100
2019 $0 $55,700 $7,300 $48,400
2018 $0 $53,400 $7,300 $46,100
2017 $0 $54,100 $7,300 $46,800
2016 $0 $45,500 $7,300 $38,200
2015 -- $45,500 $7,300 $38,200
2014 -- $40,200 $7,300 $32,900
2013 -- $36,800 $7,300 $29,500
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2013

    Patricia Koval

    Koval Properties, Inc.

  • Kathy Dennison

    Buyer's Agent in 2013

    Kathy Dennison

    Lighthouse Property Management

    (616) 257-9577

    1 in this area

    32 Total Sales

    Kathy Dennison
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Map

Source: MichRIC

MLS Number: 13016076

MichRIC

APN: 56-250-036-00

Michigan Allegan County Wayland 49348

324 Forrest St, Wayland, MI

Not Listed for Sale

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