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Sold
  • $200,000

    541 W Elm St, Wayland, MI 49348

    2beds
    1,236sqft
    Single Family Residence
    Built in 1900
    0.29 Acres Lot
    $200,900 Zestimate®
    $162/sqft
    $1,523 Estimated rent

    Home value

    $200,900

    $191,000 - $211,000

    $1,523/mo

    Zestimate® history
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    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Scott Grondman 616-292-4369,

    Bellabay Realty (SW)

    Bought with:

    Dana Waddell, 6501437909

    RE/MAX of Grand Rapids (Stndl)

    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

    Price history

    DateEventPrice
    9/2/2026Sold$200,000$162/sqft
    Source: MichRIC #26036756 Report a problem
    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

    Neighborhood: 49348

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $200,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $200,900