NOT LISTED FOR SALE

536 W Elm St Wayland, MI 49348

Estimated Value: $229,000 - $299,000

4 Beds
1.5 Baths
2,003 Sq Ft
$131/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $170,000 $85 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,762/month

24 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Living Room
  • Wooded Lot
  • Pole Barn
  • Kitchen Island

About This Home

As of July 2021

Great investment opportunity to build your own equity. House needs some TLC but has amazing potential. The home features 4 bedrooms, 1.5 baths, and sits on a double lot with a private backyard, gazebo, pole barn with it's own bathroom & lots of other features you won't want to miss! Schedule your private showing today to see all this home has to offer!

Last Agent to Sell the Property

Michael Balsitis

Bellabay Realty LLC License #6502346774 Listed on: 06/09/2021

Bellabay Realty LLC

Last Buyer's Agent

Monica Pettit

Keller Williams GR East

Keller Williams GR East

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,884

Year Built

  • Built in 1921

Lot Details

  • 1.18 Acre Lot
  • Lot Dimensions are 132 x 400
  • Shrub
  • Wooded Lot
  • Property is zoned R-2, R-2

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,003 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Basement Fills Entire Space Under The House
  • Kitchen Island
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Outdoor Features

  • Deck
  • Pole Barn
  • Gazebo
  • Shed
  • Storage Shed
  • Play Equipment

Location

  • Mineral Rights Excluded

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,884

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1921
  • ResoPropertyType: Residential
  • Architectural Style:Traditional: Yes
  • Other Structures:Pole Barn: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Kitchen Island, Pantry
  • Fireplace: No
  • Total Bedrooms: 4
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 2003.0
  • Basement Rooms:Total Basement SQFT: 1120.0
  • Kitchen Features:Center Island: Yes
  • Kitchen Features Pantry: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: Play Equipment
  • List Price: 169900.0
  • Lot Features: Wooded
  • Other Structures: Shed(s), Pole Barn
  • Patio and Porch Features: Deck
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Features:Gazebo: Yes
  • Exterior Features:Play Equipment: Yes

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Phone Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 1.18
  • Lot Size Area: 1.18
  • Lot Dimensions: 132 x 400
  • Lot Size Sq Ft: 51401.0
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2883.53
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2021
Closed on
Jun 23, 2021
Sold by
Lakeview Loan Servicing Llc
Bought by
Barrett Gage
Seller's Agent
Michael Balsitis
Bellabay Realty LLC
Buyer's Agent
Monica Pettit
Keller Williams GR East
Sold Price
$170,000
Current Estimated Value
$261,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,509
Avg. Annual Appreciation
10.05%
Original Mortgage
$153,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2019
Sold by
Straight Roger
Bought by
Lakeview Loan Servicing Llc

Purchase Details

Closed on
May 13, 2011
Sold by
Tripp Scott and Tripp Julie
Bought by
Straight Roger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,626
Interest Rate
4.88%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Barrett Gage $170,000 Servicelink Llc
Lakeview Loan Servicing Llc $95,392 None Available
Straight Roger $100,000 Chicago Title Kentwood
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barrett Gage $153,000
Previous Owner Straight Roger $103,626
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2021 07/16/21 Sold $170,000 +0.1% $85 / Sq Ft
06/16/2021 06/16/21 Pending -- -- --
06/09/2021 06/09/21 For Sale -- -- --
06/08/2021 06/08/21 Pending -- -- --
05/23/2021 05/23/21 For Sale $169,900 -- $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
2025 $3,714 $121,000 $11,700 $109,300
2024 $4,057 $109,900 $9,400 $100,500
2023 $4,057 $84,200 $8,600 $75,600
2022 $4,057 $75,200 $7,900 $67,300
2021 $2,884 $68,600 $7,300 $61,300
2020 $2,884 $64,800 $7,300 $57,500
2019 $1,946 $62,900 $7,300 $55,600
2018 $1,946 $57,100 $7,300 $49,800
2017 $0 $58,000 $7,300 $50,700
2016 $0 $51,600 $10,200 $41,400
2015 -- $51,600 $10,200 $41,400
2014 -- $45,900 $10,200 $35,700
2013 -- $41,300 $10,200 $31,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21018750

Southwestern Michigan Association of REALTORS®

APN: 56-450-146-00