NOT LISTED FOR SALE

405 Hill Lake Ave Wayland, MI 49348

Estimated Value: $307,507 - $349,000

3 Beds
1.5 Baths
1,248 Sq Ft
$267/Sq Ft Est. Value

Last Sold September 12, 2019

Last sale price $186,000 $149 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,000/month

14 Days on Market

Highlights

  • Water Access
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Cul-De-Sac
  • Eat-In Kitchen
  • Replacement Windows

About This Home

As of September 2019

Country living with lake access. 1/3 acre ranch home with private, fenced back yard. Built in 1976 has many updates, including: roof, furnace, water heater, common area flooring. Attached 2-car garage plus a nice storage shed, plenty of room for extra toys. Shared granted easement to access to Hill Lake.

Last Agent to Sell the Property

Nathan Kavanaugh

Coldwell Banker Woodland Schmidt License #6506047374 Listed on: 07/18/2019

Coldwell Banker Woodland Schmidt

Last Buyer's Agent

Mike Rundhaug

Berkshire Hathaway HomeServices Michigan Real Estate (South) License #6506048367

Berkshire Hathaway HomeServices Michigan Real Estate (South)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,493

Year Built

  • Built in 1976

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 100 x 164.58
  • Cul-De-Sac
  • Back Yard Fenced

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,248 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Replacement Windows
  • Window Treatments
  • Living Room with Fireplace
  • Dining Area
  • Laminate Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Washer

Accessible Home Design

  • Doors are 36 inches wide or more

Outdoor Features

  • Water Access
  • Property is near a lake

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,493

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1976
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 148.24
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 100 x 164.58
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1248.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 1492.75
  • Waterfront Options:Water Access YN: Yes
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Windows:Replacement: 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
  • Lot Description:Cul-De-Sac: Yes
  • General Property Info:Fireplace: Yes
  • Additional Items:Window Treatments: Yes
  • Water Heater:Natural Gas4: Yes
  • General Property Info:SqFt Above Grade: 1248.0
  • General Property Info Garage YN: Yes
  • Accessibility Feat 36 Inch Entrance Door: Yes
  • Architectural Style:Ranch: Yes
  • Flooring:Laminate Floor: Yes
  • Fencing:Fenced Back: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven, Range, Refrigerator, Washer
  • Accessibility Features: 36 Inch Entrance Door
  • Flooring: Laminate
  • Interior Amenities: Garage Door Opener, Eat-in Kitchen
  • Fireplace Features: Living Room, Wood Burning
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1248.0
  • Window Features: Replacement, Window Treatments
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Total Basement SQFT: 1248.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Fireplace:Living: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • Fencing: Fenced Back
  • List Price: 185000.0
  • Lot Features: Cul-De-Sac
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront Features: Lake
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: Yes
  • Driveway Paved: 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

Association/Amenities

  • Water Fea Amenities:Assoc Access: Yes

Lot Info

  • Lot Size Acres: 0.38
  • Lot Size Area: 0.38
  • Lot Dimensions: 100 x 164.58
  • Lot Size Sq Ft: 16458.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1492.75
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2020
Sold by
Carlson Connor and Dahnke Clayton
Bought by
Lambo Matthew J and Lambo Rachael M
Current Estimated Value
$332,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,000
Outstanding Balance
$187,331
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$145,546

Purchase Details

Listed on
Jul 18, 2019
Closed on
Sep 12, 2019
Sold by
Jensen Lee R
Bought by
Carlson Connor and Dahnke Clayton
Seller's Agent
Nathan Kavanaugh
Coldwell Banker Woodland Schmidt
Buyer's Agent
Mike Rundhaug
Berkshire Hathaway HomeServices Michigan Real Estate (South)
List Price
$185,000
Sold Price
$186,000
Premium/Discount to List
$1,000
0.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.78%
Original Mortgage
$180,420
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 14, 2018
Closed on
Mar 16, 2018
Sold by
Stewart Clifford Bruce and Stewart Clifford
Bought by
Jensen Lee R
Seller's Agent
Ruth Seif
Great Lakes Realty
Buyer's Agent
Teresa Hoffman
ERA Reardon Realty Great Lakes
List Price
$159,000
Sold Price
$165,000
Premium/Discount to List
$6,000
3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.37%
Original Mortgage
$132,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 14, 2018
Closed on
Mar 12, 2018
Sold by
Stewart Clifford and Stewart Joshua B
Bought by
Scholteen Mark
Seller's Agent
Ruth Seif
Great Lakes Realty
Buyer's Agent
Teresa Hoffman
ERA Reardon Realty Great Lakes
List Price
$159,000
Sold Price
$165,000
Premium/Discount to List
$6,000
3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2014
Sold by
Jarvis Duane
Bought by
Sewart Clifford and Stewart Corrine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,795
Interest Rate
4.13%
Mortgage Type
VA

Purchase Details

Listed on
Jun 19, 2011
Closed on
Apr 12, 2012
Sold by
Tolan Barbara Ann and Konecny Barbara Ann
Bought by
Jarvis Duane
Seller's Agent
Eleanor Selvig
Brooks Real Estate Group - I
Buyer's Agent
Laura Hitchcock
Agent History
List Price
$156,000
Sold Price
$125,000
Premium/Discount to List
-$31,000
-19.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.43%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lambo Matthew J $240,000 First American Title
Carlson Connor $186,000 Title Resource Agency
Jensen Lee R $165,000 Bell Title Agency
Scholteen Mark $19,000 Bell Title Agency
Sewart Clifford $130,000 Bell Title Of Hastings
Jarvis Duane $125,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lambo Matthew J $211,000
Previous Owner Carlson Connor $180,420
Previous Owner Jensen Lee R $132,000
Previous Owner Sewart Clifford $132,795
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/12/2019 09/12/19 Sold $186,000 +0.5% $149 / Sq Ft
08/01/2019 08/01/19 Pending -- -- --
07/18/2019 07/18/19 For Sale $185,000 +12.1% $148 / Sq Ft
03/16/2018 03/16/18 Sold $165,000 +3.8% $85 / Sq Ft View Prior Sale
02/16/2018 02/16/18 Pending -- -- --
02/14/2018 02/14/18 For Sale $159,000 +27.2% $82 / Sq Ft
04/12/2012 04/12/12 Sold $125,000 -19.9% $69 / Sq Ft View Prior Sale
03/23/2012 03/23/12 Pending -- -- --
06/19/2011 06/19/11 For Sale $156,000 -- $87 / 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 $2,985 $123,200 $20,000 $103,200
2024 $2,598 $119,300 $20,300 $99,000
2023 $2,669 $101,000 $20,000 $81,000
2022 $2,598 $91,100 $20,000 $71,100
2021 $2,466 $86,200 $20,000 $66,200
2020 $2,461 $87,200 $20,000 $67,200
2019 $2,419 $86,500 $16,500 $70,000
2018 $1,473 $62,300 $13,500 $48,800
2017 $0 $60,000 $13,500 $46,500
2016 $0 $50,500 $14,400 $36,100
2015 -- $50,500 $14,400 $36,100
2014 -- $50,200 $14,400 $35,800
2013 -- $44,700 $14,400 $30,300
Source: Public Records

Agents Affiliated with this Home

  • Nathan Kavanaugh

    Seller's Agent in 2019

    Nathan Kavanaugh

    Coldwell Banker Woodland Schmidt

    (616) 633-7508

    23 Total Sales

    Nathan Kavanaugh
    Section Image
  • Mike Rundhaug

    Buyer's Agent in 2019

    Mike Rundhaug

    Berkshire Hathaway HomeServices Michigan Real Estate (South)

    (616) 293-3707

    58 Total Sales

    Mike Rundhaug
    Section Image

  • R

    Seller's Agent in 2018

    Ruth Seif

    Great Lakes Realty

    (269) 792-1360

    70 Total Sales

    Ruth Seif
    Section Image

  • T

    Buyer's Agent in 2018

    Teresa Hoffman

    ERA Reardon Realty Great Lakes

    (616) 299-6219

    54 Total Sales

    Teresa Hoffman
    Section Image

  • E

    Seller's Agent in 2012

    Eleanor Selvig

    Brooks Real Estate Group - I

  • L

    Buyer's Agent in 2012

    Laura Hitchcock

    Agent History

    Section Image
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Map

Source: MichRIC

MLS Number: 19030822

MichRIC

APN: 24-630-002-00

Michigan Allegan County Wayland 49348

405 Hill Lake Ave, Wayland, MI

Not Listed for Sale

Detached

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