NOT LISTED FOR SALE

524 Forrest St Wayland, MI 49348

Estimated Value: $111,000 - $241,000

3 Beds
1 Bath
1,060 Sq Ft
$156/Sq Ft Est. Value

Last Sold April 15, 2024

Last sale price $105,000 $99 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,090/month

42 Days on Market

Highlights

  • Recreation Room
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Traditional Architecture
  • Living Room
  • Dining Area

About This Home

As of April 2024

Looking for a great school district, efficient commute to major city hubs, barn+hobby farm opportunity, AND the potential to build sweat equity? This affordable property offers a large barn, almost 1/2 an acre, and is ready for a new owner to make it their own. It offers a spacious main bath, main floor laundry, opening living/kitchen/dining feel, and second story previous owner used as three bedrooms. Note: It is offered AS IS and cash/conventional only, buyer will have to contribute towards any lender required conventional repairs.

Last Agent to Sell the Property

Tim Hrynewich

Five Star Real Estate License #6501236975 Listed on: 03/27/2024

Five Star Real Estate

Last Buyer's Agent

Tim Hrynewich

Five Star Real Estate License #6501236975 Listed on: 03/27/2024

Five Star Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,450

Year Built

  • Built in 1880

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 66x297

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,060 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Area
  • Recreation Room
  • Partial Basement
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,450

Year Built

Built in 1880

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1880
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 66x297
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1060.0
  • General Property Info:Main Level Primary: No
  • Tax Info:Annual Property Tax: 1450.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Substructure:Partial: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:SqFt Above Grade: 1060.0
  • Laundry Features Main Level: Yes
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Partial
  • LivingArea: 1060.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 468.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 129900.0
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

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

  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Main Level
  • Sewer: Public
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.45
  • Lot Size Area: 0.45
  • Lot Dimensions: 66x297
  • Lot Size Sq Ft: 19602.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1450.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2024
Closed on
Apr 15, 2024
Sold by
Futurevestments Llc
Bought by
Doornbos Eric
Seller's Agent
Tim Hrynewich
Five Star Real Estate
Buyer's Agent
Tim Hrynewich
Five Star Real Estate
List Price
$129,900
Sold Price
$105,000
Premium/Discount to List
-$24,900
-19.17%
Views
55
Current Estimated Value
$165,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,461
Avg. Annual Appreciation
3.47%

Purchase Details

Closed on
Aug 3, 2023
Sold by
Allegan County
Bought by
Futurevestments Llc and Desposito

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 19, 2016
Closed on
Oct 24, 2016
Sold by
Secretary Of Housing & Urban Development
Bought by
Desposito Ryan
Seller's Agent
Nick Breedveld
Jaqua, REALTORS
Buyer's Agent
Nick Breedveld
Jaqua, REALTORS
List Price
$56,000
Sold Price
$35,900
Premium/Discount to List
-$20,100
-35.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.63%

Purchase Details

Closed on
Apr 19, 2016
Sold by
Carrington Mortgage Services Llc
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Sep 17, 2015
Sold by
Lambert Marcia
Bought by
Carrington Mortgage Services Llc

Purchase Details

Closed on
Jun 1, 2006
Sold by
Moyle Sean D and Moyle Angela R
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Jul 28, 2005
Sold by
Oosterheert Robb and Oosterheert Joy Lynn
Bought by
Moyle Sean D and Moyle Angela R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 28, 2005
Sold by
Oosterheert Robb
Bought by
Oosterheert Robb

Purchase Details

Closed on
Aug 7, 2003
Sold by
Alflen Gerald E and Alflen Judith A
Bought by
Household Finance Corp Iii

Purchase Details

Closed on
May 18, 2001
Sold by
Alflen Gerald E and Alflen Judith A
Bought by
Alflen Gerald E and Alflen Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,600
Interest Rate
7.8%

Purchase Details

Closed on
Aug 2, 2000
Sold by
Alflen Gerald
Bought by
Alflen Gerald and Alflen Judith

Purchase Details

Closed on
Jan 1, 1998
Sold by
Fletcher Richard D and Fletcher June A
Bought by
Ross Gerald A and Ross Julie 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
Doornbos Eric $105,000 None Listed On Document
Futurevestments Llc $107,484 None Listed On Document
Desposito Ryan $35,900 Chicago Title
Secretary Of Housing & Urban Development -- None Available
Carrington Mortgage Services Llc $60,830 Attorney
Deutsche Bank National Trust Co $21,947 None Available
Moyle Sean D $100,000 Heartwell Title Agency
Oosterheert Robb $51,057 Lighthouse Title
Household Finance Corp Iii $95,800 --
Alflen Gerald E -- Titlequest Agency
Alflen Gerald -- --
Alflen Gerald $67,900 --
Ross Gerald A $26,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Futurevestments Llc $107,000
Previous Owner Desposito Ryan $85,000
Previous Owner Lambert Marcia $75,803
Previous Owner Lambert Marcia $73,420
Previous Owner Moyle Sean D $80,000
Previous Owner Moyle Sean D $20,000
Previous Owner Alflen Gerald E $81,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2024 04/15/24 Sold $105,000 -19.2% $99 / Sq Ft
03/29/2024 03/29/24 Pending -- -- --
03/27/2024 03/27/24 For Sale $129,900 0.0% $123 / Sq Ft
03/18/2024 03/18/24 Pending -- -- --
03/12/2024 03/12/24 Price Changed $129,900 -7.1% $123 / Sq Ft
03/05/2024 03/05/24 Price Changed $139,900 -6.7% $132 / Sq Ft
02/27/2024 02/27/24 Price Changed $149,900 -6.3% $141 / Sq Ft
02/16/2024 02/16/24 For Sale $159,900 +345.4% $151 / Sq Ft
10/20/2016 10/20/16 Sold $35,900 -35.9% $34 / Sq Ft
09/12/2016 09/12/16 Pending -- -- --
08/19/2016 08/19/16 For Sale $56,000 -- $53 / 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 $2,111 $75,500 $14,500 $61,000
2024 $1,919 $68,100 $11,600 $56,500
2023 $1,919 $53,700 $10,000 $43,700
2022 $1,919 $47,500 $8,100 $39,400
2021 $1,795 $44,200 $8,100 $36,100
2020 $1,795 $42,300 $8,100 $34,200
2019 $0 $41,000 $7,800 $33,200
2018 $0 $38,700 $7,800 $30,900
2017 $0 $39,300 $7,800 $31,500
2016 $0 $34,000 $10,100 $23,900
2015 -- $34,000 $10,100 $23,900
2014 -- $31,000 $10,100 $20,900
2013 -- $28,900 $10,100 $18,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24007867

Southwestern Michigan Association of REALTORS®

APN: 56-005-030-00