NOT LISTED FOR SALE

399 S Payne Lake Rd Wayland, MI 49348

Estimated Value: $629,000 - $726,000

3 Beds
4 Baths
2,052 Sq Ft
$328/Sq Ft Est. Value

Last Sold May 02, 2024

Last sale price $600,000 $292 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,981/month

24 Days on Market

Highlights

  • 900 Feet of Waterfront
  • Home fronts a pond
  • Cape Cod Architecture
  • Lee Elementary School Rated A-
  • 10.1 Acre Lot
  • Laundry Room

About This Home

As of May 2024

COUNTRY OASIS!!! 3 Bedroom (possible 4th), 4 Full Baths on just over 10 Acres of beautiful landscape. Property boast over 900' of frontage on Cobb Creek with Spring Fed Pond with Swimming Hole, 54 x 40 Pole Barn (200 amp), Two Pastures, Woods and Rolling Hills. Less 5 Minutes to Gun Lake, Restaurants, Gas Station and Golf Course, 20 Miles to Grand Rapids, 30 Miles to Kalamazoo. Lower Level has a 2nd Kitchen and Laundry. Enjoy Peace and Nature at its finest with over 50 species of birds. Do Not Miss Out on this Unique Property!!!!

Last Agent to Sell the Property

Daniel Mehney

Greenridge Realty (EGR) License #6501416645 Listed on: 03/01/2024

Last Buyer's Agent

Andy Smith

EXP Realty (Grand Rapids) License #6502421574

EXP Realty (Grand Rapids)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,156

Year Built

  • Built in 1999

Lot Details

  • 10.1 Acre Lot
  • Home fronts a pond
  • 900 Feet of Waterfront
  • Property is zoned Rural/AG, Rural/AG

Parking

  • Additional Parking

Home Design

  • Cape Cod Architecture
  • Composition Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2,052 Sq Ft Home
  • 3-Story Property
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on lower level

Outdoor Features

  • No Wake Zone

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Baseboard Heating
  • Well
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,156

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Cape Cod
  • Stories: 3
  • Year Built: 1999
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: -
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2052.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 4156.0
  • Tax Info:Zoning3: Rural/AG
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Waterfront Options:Water Frontage3: 900.0
  • Substructure:Walk Out: Yes
  • Heat Type:Baseboard: Yes
  • Heat Type:Heat Pump: Yes
  • General Property Info:SqFt Above Grade: 1232.0
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Laundry Features Lower Level: Yes
  • General Property Info Garage YN: No
  • Architectural Style Cape Cod: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Basement: Walk-Out Access
  • LivingArea: 2052.0
  • General Property Info:Stories2: 3.0

Exterior Features

  • Construction Materials: Aluminum Siding, Vinyl Siding
  • List Price: 599000.0
  • Roof: Composition
  • Water Body Name: Stream
  • Waterfront Features: Pond, Stream/Creek
  • Waterfront: Yes
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Features: Additional Parking
  • Parking Features:Additional Parking: Yes

Utilities

  • Heating: Baseboard, Forced Air, Heat Pump
  • Heating: Yes
  • Laundry Features: Laundry Room, Lower Level, Main Level
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Association/Amenities

  • Water Fea Amenities:No Wake: Yes

Lot Info

  • Lot Size Acres: 10.1
  • Lot Size Area: 10.1
  • Lot Dimensions: -
  • Lot Size Sq Ft: 439956.0
  • Zoning Description: Rural/AG
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4156.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
May 10, 2024
Sold by
Pierce Scott A and Lynn Ann
Bought by
Selvidge Zachary and Leissteon Andrijka
Seller's Agent
Daniel Mehney
Greenridge Realty (EGR)
Buyer's Agent
Andy Smith
EXP Realty (Grand Rapids)
List Price
$599,000
Sold Price
$600,000
Premium/Discount to List
$1,000
0.17%
Views
80
Current Estimated Value
$672,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,487
Avg. Annual Appreciation
7.70%
Original Mortgage
$415,000
Outstanding Balance
$409,850
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$251,900

Purchase Details

Closed on
Mar 5, 2022
Sold by
Pierce Scott A
Bought by
Pierce Scott A and Pierce Lynn Ann

Purchase Details

Closed on
Feb 4, 2013
Sold by
Ayes Mary and Brink Bruce
Bought by
Fogg Ii Ronald R

Home Financials for this Owner

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

Purchase Details

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

Purchase Details

Closed on
Sep 26, 1996
Bought by
Pierce Scott A and Pierce Lynn A
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
Selvidge Zachary $600,000 Chicago Title Of Michigan
Pierce Scott A -- Blaque W Hough
Fogg Ii Ronald R $170,800 None Available
Ayers Mary -- None Available
Pierce Scott A $44,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Selvidge Zachary $415,000
Previous Owner Fogg Ii Ronald R $167,684
Previous Owner Pierce Scott A $41,500
Previous Owner Pierce Scott A $50,000
Previous Owner Pierce Scott A $74,000
Previous Owner Pierce Scott A $30,112
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2024 05/02/24 Sold $600,000 +0.2% $292 / Sq Ft
03/25/2024 03/25/24 Pending -- -- --
03/01/2024 03/01/24 For Sale $599,000 -- $292 / 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 $4,156 $173,300 $0 $0
2024 $4,156 $197,800 $0 $0
2023 $3,853 $150,600 $0 $0
2022 $3,853 $150,600 $0 $0
2021 $3,853 $138,000 $0 $0
2020 $3,744 $128,300 $0 $0
2019 $3,744 $128,000 $0 $0
2018 $3,558 $114,800 $38,200 $76,600
2017 $3,558 $114,800 $0 $0
2016 -- $108,100 $0 $0
2015 -- $106,300 $0 $0
2014 -- $106,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24010106

Southwestern Michigan Association of REALTORS®

APN: 16-017-005-13