$50,000
SOLD APR 15, 2025

10755 1st St Otsego, MI 49078

0.89 Acre
$56,180 Price per Acre
38,768 Sq Ft Lot

Recently Sold

17% Below List Price

8 Days on Market

About This Lot

As of April 2025

Nice Otsego lot on just under an acre with a large slab ready for a nice house! The property is perked out already and has an oversized garage/pole barn, insulated, with a small work shop on it. Well and septic still exist on property I am told. Most of the property is cleared out and open. Loads of potential.

Last Agent to Sell the Property

Reed Hrynewich

Five Star Real Estate License #6501414798 Listed on: 03/19/2025

Five Star Real Estate

Last Buyer's Agent

Reed Hrynewich

Five Star Real Estate License #6501414798 Listed on: 03/19/2025

Five Star Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $991

Lot Details

  • 0.89 Acre Lot
  • Lot Dimensions are 131x290x134x291

Outdoor Features

  • Pole Barn

Utilities

  • Well
  • Septic System
  • Cable TV Available

Property Details

Property Type

Land

Est. Annual Taxes

$991

Lot Details

0

Listing Details

  • Property Sub-Type: Lot
  • Property Type: Land
  • Water Well2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 59900.0
  • Road Surface Type: Paved
  • Waterfront: No

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available, Cable Available, None
  • Water Source: Well
  • Water/Sewer/Septic: Yes

Lot Info

  • Lot Size Acres: 0.89
  • Lot Size Area: 0.89
  • Lot Dimensions: 131x290x134x291
  • Lot Size Sq Ft: 38768.0

Tax Info

  • Tax Annual Amount: 991.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2025
Closed on
Apr 16, 2025
Sold by
Futurevestments Llc
Bought by
Beard Construction
Seller's Agent
Reed Hrynewich
Five Star Real Estate
Buyer's Agent
Reed Hrynewich
Five Star Real Estate
List Price
$59,900
Sold Price
$50,000
Premium/Discount to List
-$9,900
-16.53%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1459.41%

Purchase Details

Closed on
Aug 27, 2024
Sold by
Sheriff Of Kalamazoo County
Bought by
Futurevestments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.89%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 17, 2019
Closed on
Sep 20, 2019
Sold by
Kilbourn Roy A and Kilbourn Tonja D
Bought by
Westbrook Randy
Seller's Agent
Amy Hamilton
Jaqua, REALTORS
Buyer's Agent
Nonmember Agent
Non Member
List Price
$134,900
Sold Price
$128,000
Premium/Discount to List
-$6,900
-5.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.63%
Original Mortgage
$129,292
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2004
Sold by
Abraham Thomas W and Abraham Julie A
Bought by
Kilbourn Roy A and Kilbourn Tonja D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,112
Interest Rate
5.88%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $50,000 Star Title
Sheriffs Deed $24,115 None Listed On Document
Warranty Deed $128,000 Devon Title Company
Warranty Deed $110,000 Chicago
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $25,000 New Conventional
Previous Owner $10,090 New Conventional
Previous Owner $16,440 USDA
Previous Owner $129,292 New Conventional
Previous Owner $89,750 New Conventional
Previous Owner $19,700 Stand Alone Second
Previous Owner $104,000 New Conventional
Previous Owner $19,500 Credit Line Revolving
Previous Owner $109,112 FHA
Previous Owner $94,000 Stand Alone First
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 Sold $50,000 -16.5% --
03/27/2025 03/27/25 Pending -- -- --
03/20/2025 03/20/25 For Sale $59,900 0.0% --
03/20/2025 03/20/25 Off Market $59,900 -- --
03/19/2025 03/19/25 For Sale $59,900 -53.2% --
09/20/2019 09/20/19 Sold $128,000 -5.1% $59 / Sq Ft
06/20/2019 06/20/19 Pending -- -- --
06/17/2019 06/17/19 For Sale $134,900 -- $62 / 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 $870 $30,500 $0 $0
2024 $870 $30,000 $0 $0
2023 $870 $55,000 $0 $0
2022 $870 $83,200 $0 $0
2021 $870 $81,100 $0 $0
2020 $1,519 $79,800 $0 $0
2019 $1,492 $76,900 $0 $0
2018 $0 $62,300 $0 $0
2017 $0 $62,300 $0 $0
2016 -- $57,000 $0 $0
2015 -- $51,700 $0 $0
2014 -- $48,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 25010484

Southwestern Michigan Association of REALTORS®

APN: 01-06-201-032