NOT LISTED FOR SALE

1056 N 16th St Otsego, MI 49078

Estimated Value: $468,125 - $521,000

4 Beds
2 Baths
3,100 Sq Ft
$159/Sq Ft Est. Value

Last Sold December 26, 2014

Last sale price $163,000 $53 Per Sq Ft

Est. 202% increase in value since last sale

Current estimated payment $2,927/month

311 Days on Market

Highlights

  • 35 Acre Lot
  • Deck
  • Wood Flooring
  • Otsego High School Rated 9+
  • Wooded Lot
  • Pole Barn

About This Home

As of December 2014

Beautiful setting in the 35 acre estate with rolling field & yard, woods w/ creek & trail running through. The perfect recreational area for hunting, walking, x-country skiing, snowmobilling, 4-wheeling & camping out. Spacious redecorated walkout ranch w/ finished basement featuring completely tiled floor, beautiful stone & brick fireplace in living room w/ a 2nd brick fireplace in oversized master bdrm, hardwood floor in living & dining rooms, carpeted bdrms, plastered walls, propane heat, wood furnace, solar system, central air & central vacuum. House comes w/ range, oven, microwave convection oven, dishwasher, water softener. House features a front covered entry porch, a rear covered porch (8x32) & a deck off of master bedroom. Pole barn (36x54) w/ a lean to garage (12x45) for lots of s torage space, has 220 amp electric, newer propane furnace, bathroom & 6 inch concrete floor. Driveway is paved & extra turn-around. County but close to downtown Otsego,

Last Agent to Sell the Property

Susan Shumaker

Prudential Preferred, REALTORS Listed on: 10/28/2013

Last Buyer's Agent

Susan Shumaker

Prudential Preferred, REALTORS Listed on: 10/28/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,089

Year Built

  • Built in 1979

Lot Details

  • 35 Acre Lot
  • Shrub
  • Level Lot
  • Wooded Lot
  • Garden

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 3,100 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Insulated Windows
  • Window Treatments
  • Bay Window
  • Window Screens
  • Living Room
  • Dining Area
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Patio
  • Pole Barn
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Heating System Powered By Leased Propane
  • Well
  • Propane Water Heater
  • Water Softener is Owned
  • Septic System
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Solar Heating System
  • Mineral Rights
  • Tillable Land

Community Details

Overview

  • Property is near a ravine

Recreation

  • Recreational Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,089

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1979
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: 577x 1/2mile
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 3100.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 2089.0
  • Waterfront Options:Water Access YN: No
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Water Heater:Propane2: Yes
  • Landscape:ShrubsHedges: Yes
  • General Property Info:Total Fireplaces: 2.0
  • Util Avail at Street:Electric: Yes
  • Lot Description:Level: Yes
  • Utilities Attached:Cable: Yes
  • Lot Description:Ravine: Yes
  • Windows:Insulated Windows: Yes
  • Windows:Screens: Yes
  • General Property Info:Fireplace: Yes
  • Lot Description:Rolling Hills: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Substructure:Walk Out: Yes
  • Windows:BayBow: Yes
  • Landscape:Garden Area: Yes
  • Mineral Rights:Yes: Yes
  • Additional Items:GasWood Stove: Yes
  • Landscape:Flower Garden: Yes
  • Lot Description:Tillable: Yes
  • Additional Items:Central Vacuum: Yes
  • Additional Items:LP Tank Rented: Yes
  • Heat Source:Wood2: Yes
  • Heat Source:Solar: Yes
  • General Property Info:SqFt Above Grade: 1700.0
  • General Property Info Garage YN: Yes
  • Flooring:Wood Floor: Yes
  • Other Equipment:Satellite Dish2: Yes
  • Architectural Style:Ranch: Yes
  • Flooring:Ceramic Floor: Yes
  • Other Structures:Pole Barn: Yes
  • Special Features: 4108
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Range, Water Softener Owned
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Central Vacuum, Garage Door Opener, LP Tank Rented, Center Island, Eat-in Kitchen
  • Fireplace Features: Gas/Wood Stove, Wood Burning
  • Fireplace: Yes
  • Fireplaces: 2
  • Total Bedrooms: 4
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Walk-Out Access
  • LivingArea: 3100.0
  • Other Equipment: Satellite Dish
  • Window Features: Screens, Insulated Windows, Bay/Bow, Window Treatments
  • General Property Info:Stories2: 1.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Center Island: Yes
  • Appliances Dishwasher: Yes
  • Fireplace:Wood Burning: Yes
  • Appliances:Water Softener-Owned: Yes

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • List Price: 239900.0
  • Lot Features: Level, Recreational, Tillable, Wooded, Rolling Hills, Ravine
  • Other Structures: Pole Barn
  • Patio and Porch Features: Deck, Patio, Porch(es)
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Material:Brick: Yes
  • Patio and Porch Features:Porch(es): Yes
  • Patio and Porch Features:Deck(s): Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Cable Connected
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 35.0
  • Lot Size Area: 35.0
  • Lot Dimensions: 577x 1/2mile
  • Lot Size Sq Ft: 1524600.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2089.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2023
Sold by
Akers Kathleen Anne
Bought by
Akers Chad Michael
Current Estimated Value
$492,708

Purchase Details

Listed on
Oct 28, 2013
Closed on
Dec 26, 2014
Sold by
Farnsworth Joseph and Farnsworth Patricia
Bought by
Akers Chad M and Akers Kathleen
Seller's Agent
Susan Shumaker
Prudential Preferred, REALTORS
Buyer's Agent
Susan Shumaker
Prudential Preferred, REALTORS
List Price
$239,900
Sold Price
$163,000
Premium/Discount to List
-$76,900
-32.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.83%
Original Mortgage
$154,850
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 1998
Sold by
Farnsworth Thonglor
Bought by
Farnsworth Joseph

Purchase Details

Closed on
May 1, 1992
Sold by
Linda Sparks
Bought by
"Farnsworth
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Akers Chad Michael -- None Listed On Document
Akers Chad Michael -- None Listed On Document
Akers Chad M $163,000 Ppr Title Agency
Farnsworth Joseph -- Ppr Title Agency
Farnsworth Joseph -- --
"Farnsworth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Farnsworth Joseph $154,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/26/2014 12/26/14 Sold $163,000 -32.1% $53 / Sq Ft
09/04/2014 09/04/14 Pending -- -- --
10/28/2013 10/28/13 For Sale $239,900 -- $77 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,660 $214,900 $73,700 $141,200
2024 $3,086 $194,000 $70,400 $123,600
2023 $3,141 $166,600 $62,200 $104,400
2022 $3,086 $155,900 $59,900 $96,000
2021 $2,919 $150,100 $57,400 $92,700
2020 $2,877 $138,600 $54,900 $83,700
2019 $2,787 $127,400 $48,100 $79,300
2018 $2,728 $115,900 $49,900 $66,000
2017 $0 $86,600 $20,300 $66,300
2016 $0 $96,100 $20,300 $75,800
2015 -- $96,100 $20,300 $75,800
2014 $2,287 $116,300 $20,900 $95,400
2013 $2,287 $107,100 $22,600 $84,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13062353

Southwestern Michigan Association of REALTORS®

APN: 17-003-014-00