NOT LISTED FOR SALE

355 S Payne Lake Rd Wayland, MI 49348

Estimated Value: $389,175 - $775,000

5 Beds
2.5 Baths
2,651 Sq Ft
$193/Sq Ft Est. Value

Last Sold September 18, 2017

Last sale price $216,000 $81 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $3,041/month

2 Days on Market

Highlights

  • 1.88 Acre Lot
  • Deck
  • Traditional Architecture
  • Lee Elementary School Rated A-
  • Recreation Room
  • Pole Barn

About This Home

As of September 2017

Terrific 5 bedroom, 2 1/2 bath walk-out home on nearly 2 acres in Yankee Springs Twp. 24 x 36 pole barn w/ electric, concrete floors & drain for all your toys. Over 2,600 sq ft of finished space, main floor laundry, mudroom & office, new roof, furnace/humidifier, a/c & newer washer, dryer & gas range. Kitchen w/ all appliances, white cabinets, pantry, snack bar. Open living room w/ gas fireplace & plenty of room for entertaining! Master bedroom w/ master bath, whirlpool tub, separate shower & huge walk-in closet, plus 2 more upper bedrooms & 2nd full bath. W/O lower level has family room, storage & 2 bedrooms. Plumbed for 3rd bath. Sit on your covered wrap around deck, back deck or patio & enjoy peace & nature, or build a camp fire on your private acreage & just hang out! Move In Ready!

Last Agent to Sell the Property

Steven Barnes

Greenridge Realty (Kentwood) License #6502139033 Listed on: 08/16/2017

Last Buyer's Agent

Ryan McShane

Greenridge Realty (Caledonia) License #6501379465

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,770

Year Built

  • Built in 1997

Lot Details

  • 1.88 Acre Lot
  • Lot Dimensions are 165x418x165x133x233x132x94

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,651 Sq Ft Home
  • 3-Story Property
  • Built-In Desk
  • Ceiling Fan
  • Gas Log Fireplace
  • Window Treatments
  • Mud Room
  • Living Room with Fireplace
  • Dining Area
  • Recreation Room
  • Laminate Flooring
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Pole Barn
  • Porch

Location

  • Mineral Rights Excluded

Utilities

  • Humidifier
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater
  • Water Softener is Owned
  • Septic System
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,770

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 3
  • Year Built: 1997
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 165x418x165x133x233x132x94
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2651.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 2770.0
  • Tax Info:Zoning3: res
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • General Property Info:Fireplace: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Substructure:Walk Out: Yes
  • Additional Items:Humidifier: Yes
  • Water Heater:Natural Gas4: Yes
  • Mineral Rights:No: Yes
  • Additional Items:Whirlpool Tub: Yes
  • General Property Info:SqFt Above Grade: 1831.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Flooring:Laminate Floor: Yes
  • Other Structures:Pole Barn: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Flooring: Laminate
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Humidifier, Whirlpool Tub, Eat-in Kitchen, Pantry
  • Fireplace Features: Gas Log, Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Walk-Out Access
  • LivingArea: 2651.0
  • Window Features: Window Treatments
  • General Property Info:Stories2: 3.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Kitchen Features:Mud Room Access: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Gas Log: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Snack Bar: Yes
  • Kitchen Features:Desk Built-In: Yes
  • Appliances:Water Softener-Owned: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 209900.0
  • Other Structures: Pole Barn
  • Patio and Porch Features: Deck, Patio, Porch(es)
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Patio and Porch Features:Porch(es): Yes
  • Patio and Porch Features:Deck(s): Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Natural Gas Connected, Cable Connected
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 1.88
  • Lot Size Area: 1.88
  • Lot Dimensions: 165x418x165x133x233x132x94
  • Lot Size Sq Ft: 81892.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2770.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2017
Closed on
Sep 18, 2017
Sold by
Fogg Ii Ronald R
Bought by
Hoard Trevor and Hoard Brittney
Seller's Agent
Steven Barnes
Greenridge Realty (Kentwood)
Buyer's Agent
Ryan McShane
Greenridge Realty (Caledonia)
List Price
$209,900
Sold Price
$216,000
Premium/Discount to List
$6,100
2.91%
Current Estimated Value
$512,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,794
Avg. Annual Appreciation
11.34%
Original Mortgage
$181,000
Outstanding Balance
$151,107
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$361,687

Purchase Details

Listed on
Oct 25, 2012
Closed on
Feb 4, 2013
Sold by
Ayes Mary and Brink Bruce
Bought by
Fogg Ii Ronald R
Seller's Agent
Adam Paarlberg
Greenridge Realty (Cascade)
Buyer's Agent
Steven Barnes
Greenridge Realty (Kentwood)
List Price
$174,900
Sold Price
$170,800
Premium/Discount to List
-$4,100
-2.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.21%
Original Mortgage
$167,684
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 8, 2012
Sold by
Ayers Mary and Brink Bruce
Bought by
Pierce Scott and Pierce Lynn

Purchase Details

Closed on
Feb 22, 2005
Sold by
Ayers Mary
Bought by
Ayers Mary and Brink Bruce

Purchase Details

Closed on
Jul 2, 2004
Sold by
Ayers Dennis and Ayers Mary
Bought by
Ayers Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,400
Interest Rate
6.4%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Hoard Trevor $216,000 Chicago Title
Fogg Ii Ronald R $170,800 None Available
Pierce Scott -- None Available
Ayers Mary -- Metropolitan Title Company
Ayers Mary -- Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoard Trevor $181,000
Previous Owner Fogg Ii Ronald R $167,684
Previous Owner Ayers Mary $162,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/18/2017 09/18/17 Sold $216,000 +2.9% $81 / Sq Ft
08/18/2017 08/18/17 Pending -- -- --
08/16/2017 08/16/17 For Sale $209,900 +22.9% $79 / Sq Ft
02/04/2013 02/04/13 Sold $170,800 -2.3% $60 / Sq Ft View Prior Sale
12/11/2012 12/11/12 Pending -- -- --
10/25/2012 10/25/12 For Sale $174,900 -- $62 / 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 $3,749 $174,700 $0 $0
2024 $3,749 $161,200 $0 $0
2023 $3,476 $124,000 $0 $0
2022 $3,476 $124,000 $0 $0
2021 $3,476 $114,900 $0 $0
2020 $3,395 $105,000 $0 $0
2019 $3,395 $104,300 $0 $0
2018 $2,853 $94,400 $15,300 $79,100
2017 $2,853 $94,400 $0 $0
2016 -- $86,600 $0 $0
2015 -- $88,300 $0 $0
2014 -- $88,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17041420

Southwestern Michigan Association of REALTORS®

APN: 16-017-005-12