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Pending
  • $200,000

    541 W Elm St, Wayland, MI 49348

    2beds
    1,236sqft
    : 
    $1,497/mo
    Get pre-qualified
    Single Family Residence
    Built in 1900
    0.29 Acres Lot
    $198,900 Zestimate®
    $162/sqft
    $-- HOA

    What's special

    Built-in peninsula snack barMassive backyardOpen and airy flowWalk-in closetGreat counter spaceCharming angled ceilingsLarge primary bedroom
    Incredible equity-building opportunity with a massive backyard in the heart of Wayland! This cute 2-bedroom, 2-bathroom home is the perfect canvas for investors looking for a high-yield rental, flippers, or budget-conscious buyers ready to build immediate sweat equity. The main floor offers a surprisingly open and airy flow. You will love the expansive kitchen, which features an abundance of classic white cabinetry, great counter space, and a built-in peninsula snack bar that overlooks the dining area. Transition seamlessly into the bright living room, perfect for relaxing or entertaining. Convenience is built right into the layout with a dedicated main-floor laundry room/mudroom that doubles as a rear entry, alongside a full main-floor bathroom. Upstairs, the home features a large primary bedroom with a walk-in closet, a comfortable second bedroom with charming angled ceilings, and a second full bathroom—a rare commodity for homes in this price range! Downstairs, the unfinished basement provides excellent utility space and comes equipped with sturdy, built-in wooden shelving for all your storage needs.Step out the back door onto a large wooden deck ($13'9'' \times 13'5''$) that overlooks the true showstopper: a massive backyard. A large portion of the deep yard is already fenced in, offering an incredible amount of private green space for pets, play, or gardening that you rarely find within city limits! Complete with a detached 1-stall garage featuring room for tools or a workbench.Superb location within walking distance to downtown Wayland schools, parks, shopping, and dining, with easy access to US-131 for quick commutes. Priced to sell and loaded with potential—schedule your private tour today!
    41 days
    |
    201
    |
    8
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    Zillow last checked:

    Listing updated:

    Listed by:

    Scott Grondman 616-292-4369,

    Bellabay Realty (SW) 616-649-2900

    Source: MichRIC,MLS#: 26036756MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Forced Air
      Appliances
      • Laundry: Main Level
      Features
      • Basement: Michigan Basement
      • Has fireplace: No
      Interior area
      • Total structure area: 1,236
      • Total interior livable area: 1,236 sqft
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 1
      • Parking features: Detached
      • Garage spaces: 1
      Features
      • Stories: 2
      • Fencing: Privacy
      Lot
      • Size: 0.29 Acres
      • Dimensions: 66*190
      Details
      • Parcel number: 5645016850
      • Zoning description: R2

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Shingle Siding
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1900

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Wayland

      Financial & listing details

      • Price per square foot: $162/sqft
      • Tax assessed value: $44,914
      • Annual tax amount: $2,065
      • Date on market: 7/17/2026
      • Listing terms: Cash,FHA,VA Loan,MSHDA,Conventional
      • Road surface type: Paved

        Estimated market value

        $198,900

        $189,000 - $209,000

        $1,587/mo

        Price history

        DateEventPrice
        7/30/2026Pending sale$200,000$162/sqft
        Source: MichRIC #26036756 Report a problem
        7/17/2026Listed for sale$200,000+171.3%$162/sqft
        Source: MichRIC #26036756 Report a problem
        6/22/2007Sold$73,712-24%$60/sqft
        Source: Public Record Report a problem
        5/25/2006Sold$97,007$78/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,976 +5.5%$86,500 +10.2%
        2024$1,873 $78,500 +14.3%
        2023-- $68,700 +11.5%
        2022-- $61,600 +9.4%
        2021-- $56,300 +5.4%
        2020-- $53,400 +2.9%
        2019-- $51,900 +5.9%
        2018-- $49,000 -1.6%
        2017-- $49,800 +18%
        2016-- $42,200
        2015-- $42,200 +12.2%
        2014-- $37,600 +10.9%
        2013-- $33,900 -2.6%
        2012-- $34,800 -10.5%
        2011-- $38,900 -4%
        2010-- $40,500 -16.5%
        2009-- $48,500 +2.3%
        2008-- $47,400 +0.9%
        2007-- $47,000 +0.6%
        2006-- $46,700 +2.2%
        2005-- $45,700 +3.2%
        2004-- $44,300 +4.2%
        2003-- $42,500 +1.2%
        2002-- $42,000 +9.4%
        2001-- $38,400
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 49348

        Getting around

        47 / 100
        Car-Dependent
        40 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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