Pending
485 Park Street, Wayland, MI 49348
$205,000
MLS # 26034829 (Michigan Regional Information Center (MichRIC))
2 beds1 bath826 sqftBuilt 19450.43 acres
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Listing Description
It doesn't get more affordable than this! Don't miss your chance to buy the perfect starter home for yourself. This 2 bedroom, 1 bathroom home is situated nicely on almost a full half acre, conveniently located near downtown wayland. In the huge backyard, you'll find a custom built shed for all your storage needs, along with a fenced in garden area. Easy access to US-131 to get anywhere you need to be. Plenty of room in the backyard to add on to the home or to build your dream garage or barn. Newer roof, water heater, washer and dryer! Recently updated bathroom! With so much to love about this home, you better hurry. This one won't last long! UPDATE: Multiple offers received. Seller has decided to call for highest and best Monday 7/13 @4PM. Seller will review all offers shortly after.
Source: SparkMLS
About this home
2-bedroom, 1-bath, 826 sq ft home in Wayland in Wayland built in 1945.
Asking $205,000 (about $248/sq ft).
Annual property taxes run approximately $3,520 ($293/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Great Lakes Energy Cooperative; natural gas by Michigan Gas Utilities Corporation.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms2
Bathrooms1
Living Area826 sqft
Lot Size0.43 acres
Year Built1945
Stories1
Location
CityWayland
MunicipalityWayland City
Zip Code49348
CountyAllegan
School DistrictWayland
Construction & Systems
StyleRanch
ConstructionConcrete, Other
BasementSlab
HeatingForced Air
WaterPublic
SewerPublic
InteriorEat-in Kitchen, Pantry
Sale & Financing
Listed7/8/2026
Terms AcceptedCash, FHA, VA Loan, Rural Development, MSHDA, Conventional
Source: SparkMLS
Tax Information
Annual Tax$3,520
Tax Year2025
Assessed Value$80,788
Parcel #56-550-045-00
Source: SparkMLS
Legal Description
N 34 FT LOT 45 ALSO S 32 FT LOT 46 OWASCO PARK SEC 6 T3N R11W.
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Will M Gelderloos
Apex Realty Group
Frequently Asked Questions about 485 Park Street, Wayland, MI 49348
What school district is 485 Park Street, Wayland, MI 49348 in?
Per MLS# 26034829, this property is served by Wayland. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What type of financing is accepted for this listing?
Per MLS# 26034829, the seller has indicated this property accepts the following financing types: Cash, FHA, VA Loan, Rural Development, MSHDA, Conventional. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 26034829, the most recent reported annual property tax for 485 Park Street, Wayland, MI 49348 is $3,520 (2025). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 485 Park Street, Wayland, MI 49348 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 485 Park Street, Wayland, MI 49348 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Great Lakes Energy Cooperative. Gas: Michigan Gas Utilities Corporation. Sewer: Public. Water: Public. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the Wayland City police department or the Allegan County sheriff's office.
Map
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Monthly payment$1,330
Principal & interest$1,330
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Great Lakes Energy Cooperative
Co-op
Michigan Gas Utilities Corporation
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
485 Park Street, Wayland, MI 49348
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Municipality
Wayland
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