NOT LISTED FOR SALE

551 Lawrence Ave Wayland, MI 49348

Estimated Value: $214,000 - $246,000

3 Beds
1.5 Baths
1,244 Sq Ft
$170/mo HOA Fee

Last Sold October 02, 2018

Last sale price $117,000 $94 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $1,631/month

3 Days on Market

Highlights

  • Contemporary Architecture
  • Cul-De-Sac
  • Patio
  • Recreation Room
  • 2 Car Attached Garage
  • Living Room

About This Home

As of October 2018

Live a maintenance free life with this updated 3 Bed 1.5 bath two story condo on a quiet cul de sac, located less than 1/2 mile from the highway. Brand new vinyl wood flooring, baseboards, LED lighting and new stainless appliances. Main floor includes half bath just inside the entry way. The main hallway has a large coat closet and stacked Washer/Dryer in a separate closet. Main floor is open concept with Kitchen, Dining room and Living Room w/gas fireplace. Upstairs has Master Bedroom directly up the stairs, with a walk in closet. The hallway has a workspace for a desk, and the bath has dual sinks with updated shower/bathtub. Final two bedrooms are at the end of the hallway. 2 stall garage, with extra storage, and private outdoor concrete patio! Ready for immediate occupancy.

Last Agent to Sell the Property

Justin Tibble

REOZOM REAL ESTATE SERV Listed on: 08/20/2018

Last Buyer's Agent

Jolane Tomlinson

RE/MAX of Grand Rapids (Wyomg)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,551

Year Built

  • Built in 1999

Lot Details

  • Cul-De-Sac
  • Private Entrance

HOA Fees

  • $170 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,244 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Living Room
  • Dining Area
  • Recreation Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Satellite Dish

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Overview

  • Association fees include trash, snow removal, lawn/yard care
  • Mill Street Condo

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,551

Year Built

Built in 1999

Lot Details

0

HOA Fees

$170 per month

Parking

2

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Contemporary
  • Stories: 2
  • Year Built: 1999
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 0
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1244.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 1551.0
  • Tax Info:Zoning3: Res
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Cul-De-Sac: Yes
  • General Property Info:Fireplace: Yes
  • Substructure:Slab: Yes
  • Additional Items:Ceiling Fans: Yes
  • Appliances Microwave: Yes
  • Water Heater:Natural Gas4: Yes
  • Additional Items:Home Warranty: Yes
  • General Property Info:Condo Proj Name: MILL STREET CONDO
  • General Property Info:Entry Type: Private
  • General Property Info:Pets YN: Yes
  • General Property Info:SqFt Above Grade: 1244.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Contemporary: Yes
  • Other Equipment:Satellite Dish2: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Freezer, Microwave, Oven, Range, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace Features: Family Room, Gas Log
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Slab
  • LivingArea: 1244.0
  • Other Equipment: Satellite Dish
  • General Property Info:Stories2: 2.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Fireplace:Family: Yes
  • Appliances:Freezer: Yes

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Home Warranty: Yes
  • List Price: 119999.0
  • Lot Features: Cul-De-Sac
  • Patio and Porch Features: Patio
  • Road Surface Type: Paved
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Brick: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 170.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 170.0
  • Association Info:Assoc Buy in Fee: 0
  • Association Info:Assoc Fee Payable: Monthly
  • General Property Info:Association Contact: Derek 206-331-2997

Fee Information

  • Association Fee Includes: Trash, Snow Removal, Lawn/Yard Care

Lot Info

  • Lot Dimensions: 0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1551.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2024
Sold by
Laffan Becky
Bought by
Koopman Benjamin James
Current Estimated Value
$235,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,407
Outstanding Balance
$214,757
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$18,103

Purchase Details

Listed on
Aug 20, 2018
Closed on
Oct 2, 2018
Sold by
Morgan Nathan
Bought by
Laffan Becky
Seller's Agent
Justin Tibble
REOZOM REAL ESTATE SERV
Buyer's Agent
Jolane Tomlinson
RE/MAX of Grand Rapids (Wyomg)
List Price
$119,999
Sold Price
$117,000
Premium/Discount to List
-$2,999
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.35%
Original Mortgage
$72,540
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 20, 2018
Closed on
Sep 28, 2018
Sold by
Becker Gary L and Morgan Becker Bonnie C
Bought by
Morgan Nathan
Seller's Agent
Justin Tibble
REOZOM REAL ESTATE SERV
Buyer's Agent
Jolane Tomlinson
RE/MAX of Grand Rapids (Wyomg)
List Price
$119,999
Sold Price
$117,000
Premium/Discount to List
-$2,999
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,540
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 5, 2014
Closed on
Feb 26, 2015
Sold by
Mill Street Development Llc
Bought by
Funk Lynn Marie
Seller's Agent
Cindy Lu Nelson
Apex Realty Group
Buyer's Agent
Cindy Lu Nelson
Apex Realty Group
List Price
$89,900
Sold Price
$80,700
Premium/Discount to List
-$9,200
-10.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.87%

Purchase Details

Listed on
Jun 5, 2014
Closed on
Feb 20, 2015
Sold by
Funk Lynn Marie
Bought by
Becker Gary
Seller's Agent
Cindy Lu Nelson
Apex Realty Group
Buyer's Agent
Cindy Lu Nelson
Apex Realty Group
List Price
$89,900
Sold Price
$80,700
Premium/Discount to List
-$9,200
-10.23%

Purchase Details

Closed on
Jul 1, 2004
Sold by
Mill Street Development Llc
Bought by
Funk Lynn Marie
Source: Public Records

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
Koopman Benjamin James $223,100 Ata National Title Group
Laffan Becky $117,000 None Available
Morgan Nathan $6,000 None Available
Becker Gary L -- None Available
Funk Lynn Marie $95,000 Best Homes Title Agency
Becker Gary $80,700 Best Homes Title Agency
Funk Lynn Marie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koopman Benjamin James $216,407
Previous Owner Laffan Becky $72,540
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2018 10/02/18 Sold $117,000 -2.5% $94 / Sq Ft
08/23/2018 08/23/18 Pending -- -- --
08/20/2018 08/20/18 For Sale $119,999 +48.7% $96 / Sq Ft
02/26/2015 02/26/15 Sold $80,700 -10.2% $65 / Sq Ft
01/15/2015 01/15/15 Pending -- -- --
06/05/2014 06/05/14 For Sale $89,900 -- $72 / 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 $2,572 $85,300 $8,500 $76,800
2024 $2,337 $77,800 $8,500 $69,300
2023 $2,337 $74,700 $2,500 $72,200
2022 $2,337 $52,700 $2,500 $50,200
2021 $2,279 $50,100 $2,500 $47,600
2020 $2,279 $51,500 $2,500 $49,000
2019 $0 $50,900 $2,500 $48,400
2018 $0 $43,100 $2,500 $40,600
2017 $0 $43,900 $2,500 $41,400
2016 $0 $42,800 $2,500 $40,300
2015 -- $42,800 $2,500 $40,300
2014 -- $39,000 $2,500 $36,500
2013 -- $37,200 $2,500 $34,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18040918

Southwestern Michigan Association of REALTORS®

APN: 56-510-020-00