NOT LISTED FOR SALE

402 W Elm St Wayland, MI 49348

Estimated Value: $236,000 - $368,000

3 Beds
1 Bath
1,820 Sq Ft
$154/Sq Ft Est. Value

Last Sold September 02, 2020

Last sale price $186,000 $102 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,834/month

5 Days on Market

Highlights

  • Traditional Architecture
  • Mud Room
  • Eat-In Kitchen
  • Corner Lot: Yes
  • 2 Car Detached Garage
  • Patio

About This Home

As of September 2020

Well preserved farm house in the desirable downtown Wayland! Enjoy the semi open concept of this completely remodeled house with new floors, updated kitchen, new stove, newer fridge, completely remodeled bath with subway tile. One year old furnace and A/C.

The main level has a master bedroom, large living room area with adjoining formal dining room, and family room Upper floor has 2 nice size bedrooms with closets and built-in cabinets. 2 car detached garage with water and electric, and lots of space for storage in the basement. Owner is a licensed Real Estate Agent. Offers will be reviewed Monday 8/3/2020 at noon.

OPEN HOUSE Sat 8/1 from 12-1:30 PM. Make your appointment today!

Last Listed By

Melisa Utz

Success Realty West Michigan License #6501416652 Listed on: 07/29/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,997

Year Built

  • Built in 1860

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 66x198
  • Corner Lot: Yes

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Wood Siding
  • Aluminum Siding
  • Concrete Siding

Interior Spaces

  • 1,820 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Mud Room

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,997

Year Built

Built in 1860

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1860
  • ResoPropertyType: Residential
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style:Traditional: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Pantry
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full, Michigan Basement
  • LivingArea: 1820.0
  • Basement Rooms:Total Basement SQFT: 1000.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Kitchen Features:Mud Room Access: Yes
  • Kitchen Features Pantry: Yes

Exterior Features

  • Construction Materials: Aluminum Siding, Concrete, Wood Siding
  • List Price: 175000.0
  • Lot Features: Corner Lot
  • Patio and Porch Features: Patio
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Electricity Available, Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.3
  • Lot Size Area: 0.3
  • Lot Dimensions: 66x198
  • Lot Size Sq Ft: 13068.0
  • Zoning Description: Residencial
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1996.71
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2020
Closed on
Sep 2, 2020
Sold by
Utz James
Bought by
Barden Matthew
Seller's Agent
Melisa Utz
Success Realty West Michigan
Buyer's Agent
Jeff Berdyck
Homestead Realty of W Michigan
List Price
$175,000
Sold Price
$186,000
Premium/Discount to List
$11,000
6.29%
Total Days on Market
5
Current Estimated Value
$279,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,707
Avg. Annual Appreciation
6.93%
Original Mortgage
$180,420
Interest Rate
2.8%

Purchase Details

Listed on
Jul 29, 2020
Closed on
Jul 7, 2020
Sold by
Oetman Donna
Bought by
Utz James
Seller's Agent
Melisa Utz
Success Realty West Michigan
Buyer's Agent
Jeff Berdyck
Homestead Realty of W Michigan
List Price
$175,000
Sold Price
$186,000
Premium/Discount to List
$11,000
6.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,420
Interest Rate
2.8%

Purchase Details

Listed on
Jun 15, 2020
Closed on
May 19, 2020
Sold by
Midfirst Bank
Bought by
Nyehhuis Kyle Isaac
Seller's Agent
Melisa Utz
Success Realty West Michigan
Buyer's Agent
Melisa Utz
Success Realty West Michigan
List Price
$155,000
Sold Price
$130,000
Premium/Discount to List
-$25,000
-16.13%

Purchase Details

Closed on
Jan 16, 2020
Sold by
Oetman Donna
Bought by
Midfirst Bank

Purchase Details

Closed on
May 29, 2012
Sold by
Oetman Donna
Bought by
Oetman Donna

Purchase Details

Closed on
Oct 25, 2004
Sold by
Estate Of Marian E Wright
Bought by
Oetman Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,547
Interest Rate
5.8%
Mortgage Type
FHA

Range of Values:

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Average Value
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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
Barden Matthew $186,000 None Available
Utz James $130,000 None Available
Nyehhuis Kyle Isaac $89,001 None Available
Midfirst Bank $93,750 None Available
Oetman Donna -- None Available
Oetman Donna $121,500 Land America
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barden Matthew $185,075
Previous Owner Barden Matthew $180,420
Previous Owner Oetman Donna $7,765
Previous Owner Oetman Donna $120,547
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2020 09/02/20 Sold $186,000 +6.3% $102 / Sq Ft
08/03/2020 08/03/20 Pending -- -- --
07/29/2020 07/29/20 For Sale $175,000 +34.6% $96 / Sq Ft
07/07/2020 07/07/20 Sold $130,000 -16.1% $71 / Sq Ft
06/15/2020 06/15/20 Pending -- -- --
06/15/2020 06/15/20 For Sale $155,000 -- $85 / 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 $3,309 $107,400 $9,500 $97,900
2023 $3,309 $86,300 $9,300 $77,000
2022 $3,309 $77,400 $8,600 $68,800
2021 $2,091 $71,400 $8,600 $62,800
2020 $2,091 $69,000 $8,600 $60,400
2019 $0 $66,700 $8,300 $58,400
2018 $0 $59,900 $8,300 $51,600
2017 $0 $60,800 $8,300 $52,500
2016 $0 $53,000 $10,100 $42,900
2015 -- $53,000 $10,100 $42,900
2014 -- $47,100 $10,100 $37,000
2013 -- $42,400 $10,100 $32,300
Source: Public Records

Agents Affiliated with this Home

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Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20029944

Southwestern Michigan Association of REALTORS®

APN: 56-006-014-00