Sold
518 LAWRENCE Avenue 5, Wayland, MI 49348
Sold on 06/18/2026 for$194,000
MLS # 26010990 (Michigan Regional Information Center (MichRIC))
3 beds2 baths1,244 sqftBuilt 19990.03 acres
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Listing Description
GREAT FIND: VERY GOOD financing assistance on a mortgage, NEW INCENTIVES: Very nice well kept/neat as a pin! (financing avail at 5% dn-available if qualified) Opportunity Time All !DOWN SIZING OR FIRST HOME OR YOUR SUMMER HAVEN THIS NEAT AS A PIN CONDO WILL FIT YOUR NEEDS. EFFICIENT KITCHEN HAS LOADS OF CABINETS/GAS STOVE WITH MICROWAVE MOUNTED ABOVE / A PENINSULA MOUNTED DUAL SINK THAT AFFORDS A VIEW OF THE LIVING ROOM AND A BACK YARD. ENTIRE HOME HAS CARPET WITH EARTH TONE COLORS TO MATCH ANY FURNISHINGS YOU BRING. 1/2 BATH AND GROUND FLOOR LAUNDRY ROOM AND 2 CAR GARAGE ROUND OUT THE GROUND FLOOR OF THIS PERFECT NEW HOME. AT THE TOP OF THE STAIRS IS A LANDING WITH A BUILT IN DESK GREAT FOR BILL PAYING OR HOMEWORK. THE MASTER BEDROOM SPORTS A HUGE WALK IN CLOSET / SECOND AND 3RD BEDROOMS HAVE AMPLE SIZED CLOSETS AND THERE IS A STORAGE CLOSET IN THE HALL. THE FULL BATH HAS PRIVATE WATER CLOSET AND DUAL VANITIES. ***DON'T WAIT CALL ***NOW***
Source: SparkMLS
About this home
3-bedroom, 2-bath, 1,244 sq ft home in Wayland in Wayland built in 1999.
Final sale price: $194,000 (about $156/sq ft).
Property tax estimate: $2,567 per year ($214/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 SubtypeCondominium
Bedrooms3
Bathrooms2
Living Area1,244 sqft
Lot Size0.03 acres
Year Built1999
Stories2
Location
CityWayland
MunicipalityWayland City
Zip Code49348
CountyAllegan
School DistrictWayland
Construction & Systems
StyleOther
ConstructionVinyl Siding
BasementSlab
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed3/19/2026
Sold Date6/17/2026
Original Price$229,900
Terms AcceptedCash, FHA, VA Loan, Conventional
HOA
HOA Fee$220 / Monthly
IncludesOther
Source: SparkMLS
Tax Information
Annual Tax$2,567
Tax Year2025
Assessed Value$57,063
Parcel #035651000500
Source: SparkMLS
Legal Description
SEE MLS DOCS
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 Louis Szanto
At Home Real Estate
Frequently Asked Questions about 518 LAWRENCE Avenue 5, Wayland, MI 49348
What school district is 518 LAWRENCE Avenue 5, Wayland, MI 49348 in?
Per MLS# 26010990, this property is served by Wayland. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 26010990, the seller has indicated this property accepts the following financing types: Cash, FHA, VA Loan, 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# 26010990, the most recent reported annual property tax for 518 LAWRENCE Avenue 5, Wayland, MI 49348 is $2,567 (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 518 LAWRENCE Avenue 5, 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, 518 LAWRENCE Avenue 5, 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.
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Mortgage Calculator
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Monthly payment$1,646
Principal & interest$1,426
HOA$220
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
518 LAWRENCE Avenue 5, Wayland, MI 49348
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Municipality
Wayland
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