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$749,900

Beds
3
Baths
2.5
sq ft
2,300

12538 Terry Ave, Wayland, MI 49348

12538 Terry Ave

Yankee Springs Twp, MI 49348

  • Pending
Have you ever wanted to live in the Caribbean!? Short of a few palm trees, year round 80 degrees & the ocean, this could be it! Cobb Lake offers gorgeous Caribbean like waters with beautiful sand beach & allows for all sports & fishing. Views are enjoyed from nearly every room in the house with wonderful window wall on the main floor, master bedroom, office & spare bedroom. The great room has cathedral ceilings, gas log fireplace & sliders to lakeside deck. For holiday entertaining you'll enjoy a separate formal dining room. The kitchen offers a center island, granite countertops, eating area, coffee/wine bar & pantry. Also, on the main floor is a 1/2 bath & laundry room with sink. Upstairs master bedroom is to die for with a sitting area/office that has view overlooking the lake that'ssecond to none. The master en suite has large walk-in closet, jet tub, double sinks, make up counter & shower. A 2nd full bath is also found on the 2nd story along with bedrooms 2 & 3. The 2++ car garage has ample storage (can hold 3 cars). Additional storage can be found in the attic space with fold down ladder. The awesome crawlspace has lots of storage capability & is home to the in floor boiler heat, central air, water softener & reverse osmosis system. Outside the home you'll find additional storage shed, beautiful landscaping with underground sprinklers & extra space to the North with access lot. Party on the expansive deck or at the water's edge on the dock. The lake front is absolutely amazing with a sandy shallow bottom. Per the DNR Cobb Lake is 85 acres with a maximum depth of 40 feet. If the power goes out, don't worry, you'll be supplied by the Generac Generator.

Details

Property type

Single Family Residence

Est. home value

$679,633

Lot size

9,583 sq ft

Price per sq ft

$327

Year built

2000

Annual property taxes

$7,000

Price History

02/21/2025
Realcomp

Realcomp #65025005509

Pending
$749,900
02/13/2025
Realcomp

Realcomp #65025005509

Listed
$749,900
+78.55%
06/13/2014
Realcomp

Realcomp #65014006019

Sold
$420,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Wayland Union

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Cashcall Inc

Loan start date

May 2012

Original loan amount

$286,000

Est. remaining balance

$204,649

Interest rate

4.08%

Loan type

New Conventional, 30 year

Seller

Robert C Morse and Susan E Morse

Lender

First Place Bank

Loan start date

January 2009

Original loan amount

$304,000

Est. remaining balance

Not provided

Interest rate

5.97%

Loan type

Stand Alone Refi (Refinance of Original Loan), 30 year

Seller

Robert C Morse

Lender

Instamortgage.Com

Loan start date

September 2007

Original loan amount

$303,600

Est. remaining balance

$199,318

Interest rate

6.68%

Loan type

Not Provided, 30 year

Seller

Robert C Morse and Susan E Morse

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Pending/Under Contract

Tomo last checked: 02/23/2025 at 3:00 PM

Listing updated: 02/21/2025 at 11:39 AM

Listed by: Mark J Hewitt, Mark J Hewitt, Miller Real EstateMiller Real Estate Phone #: (269) 945-5182

MLS: Realcomp #65025005509

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