NOT LISTED FOR SALE

111 S Fair St Otsego, MI 49078

Estimated Value: $284,000

0.05 Acre
$5,680,000 Price per Acre
2,178 Sq Ft Lot

Last Sold December 21, 2012

Last sale price $2,644

Est. 10,641% increase in value since last sale

Current estimated payment $1,514/month

About This Lot

As of December 2012

Nice vacant lot in the City of Otsego. Near the main street that goes through the town. This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down! This property qualifies for Fannie Mae HomePath Renovation Financing. Visit www.homepath.com for more information or email info@ivestreo.com.

Last Agent to Sell the Property

Jesse Granado - Caporossi

i-VEST Real Estate Group License #6501339734 Listed on: 12/31/2012

Co-Listed By

Heath Terlesky

i-VEST Real Estate Group License #6501324778

Last Buyer's Agent

Heath Terlesky

i-VEST Real Estate Group License #6501324778

Property Details

Property Type

  • Land

Lot Details

  • 2,178 Sq Ft Lot

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub-Type: Lot
  • Property Type: Land
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 6900.0
  • Road Surface Type: Paved

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Size Sq Ft: 2178.0

Tax Info

  • Tax Annual Amount: 450.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2021
Sold by
Radspieler Albert J
Bought by
Albert J Radspieler Ii Revocable Tr No 1
Current Estimated Value
$284,000

Purchase Details

Listed on
Dec 31, 2012
Closed on
Dec 20, 2012
Sold by
Fannie Mae
Bought by
Radspieler Albert
Seller's Agent
Jesse Granado - Caporossi
i-VEST Real Estate Group
Buyer's Agent
Heath Terlesky
i-VEST Real Estate Group
List Price
$6,900
Sold Price
$2,644
Premium/Discount to List
-$4,256
-61.68%

Purchase Details

Closed on
May 24, 2012
Sold by
Bank Of America N A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 1, 2012
Sold by
Laning Peter K
Bought by
Bank Of America Na

Purchase Details

Closed on
Oct 31, 2006
Sold by
Rogers Gary D and Rogers Phyllis E
Bought by
Laning Peter K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,500
Interest Rate
6.45%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 31, 2003
Sold by
Nichols Sandra D
Bought by
Nichols John D

Purchase Details

Closed on
Mar 18, 1998
Sold by
David Richard A and David Tina
Bought by
Pirrone Jeff S and Nichols John

Purchase Details

Closed on
Mar 17, 1998
Sold by
Bleeker Kenneth D
Bought by
Dortch James and Dortch Shari

Purchase Details

Closed on
Mar 30, 1995
Sold by
Dortch James and Dortch Shari
Bought by
Davis Richard A and Davis Tina
Source: Public Records

Range of Values:

Collateral Analytics

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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 Buyer Sale Price Title Company
Albert J Radspieler Ii Revocable Tr No 1 -- None Available
Radspieler Albert $2,644 Etitle Agency Inc
Federal National Mortgage Association -- None Available
Bank Of America Na $20,847 None Available
Laning Peter K $85,000 None Available
Nichols John D -- --
Pirrone Jeff S $60,000 --
David Richard A $50,000 --
Dortch James $45,000 --
Davis Richard A $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Laning Peter K $8,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2012 12/31/12 For Sale $6,900 +161.0% --
12/21/2012 12/21/12 Sold $2,644 -- --
12/14/2012 12/14/12 Pending -- -- --
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 $107 $2,200 $2,200 $0
2024 $92 $1,900 $1,900 $0
2023 $100 $1,700 $1,700 $0
2022 $92 $1,700 $1,700 $0
2021 $91 $1,500 $1,500 $0
2020 $91 $1,500 $1,500 $0
2019 $91 $1,500 $1,500 $0
2018 $91 $1,500 $1,500 $0
2017 $0 $1,500 $1,500 $0
2016 $0 $2,400 $2,400 $0
2015 -- $2,400 $2,400 $0
2014 $2,453 $2,800 $0 $0
2013 $2,453 $7,200 $7,200 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jesse Granado - Caporossi

    i-VEST Real Estate Group

    (269) 488-1600

    1 in this area

    52 Total Sales

    Jesse Granado - Caporossi
    Section Image

  • H

    Seller Co-Listing Agent in 2012

    Heath Terlesky

    i-VEST Real Estate Group

    (269) 345-0630

    3 Total Sales

    Heath Terlesky
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12066018

Southwestern Michigan Association of REALTORS®

APN: 54-104-043-00

Michigan Allegan County Otsego 49078

111 S Fair St, Otsego, MI

This home is located at 111 S Fair St, Otsego, MI 49078 since 31 December 2012 and is currently priced at $284,000. 111 S Fair St is a home located in Allegan County with nearby schools including Otsego High School, Otsego Christian Academy, and St. Margaret School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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