$125,000
SOLD OCT 31, 2019

118 E Franklin St Otsego, MI 49078

4 Beds
2 Baths
1,504 Sq Ft
7,840 Sq Ft Lot

Recently Sold

$83 Per Sq Ft

Highlights

  • Recreation Room
  • Porch
  • Living Room
  • Traditional Architecture
  • Eat-In Kitchen
  • Shed

About This Home

As of April 2025

This spacious home offers updated plumbing, electrical wiring, new carpet in main living areas, all new flooring on second level, and has been freshly painted. Main floor has laundry, large living room, dining room, two bedrooms, and bathroom with double sinks. Upstairs has additional two bedrooms and brand new bathroom. Additional amenities are fully fenced large backyard with shed, walkable to downtowns restaurants, shopping, and in Otsego schools.

Last Agent to Sell the Property

Scot Kellogg

616 Realty LLC License #6502367308 Listed on: 10/10/2019

616 Realty LLC

Last Buyer's Agent

Scot Kellogg

616 Realty LLC License #6502367308 Listed on: 10/10/2019

616 Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,586

Year Built

  • Built in 1880

Lot Details

  • 7,840 Sq Ft Lot
  • Lot Dimensions are 47x165

Home Design

  • Traditional Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,504 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Area
  • Recreation Room

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Michigan Basement
  • Partial Basement

Outdoor Features

  • Shed
  • Storage Shed
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,586

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1880
  • ResoPropertyType: Residential
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Microwave: Yes
  • Architectural Style:Traditional: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
  • Interior Amenities: Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 4
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Michigan Basement, Partial
  • LivingArea: 1504.0
  • Basement Rooms:Total Basement SQFT: 672.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 124900.0
  • Other Structures: Shed(s)
  • Patio and Porch Features: Porch(es)
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Dimensions: 47x165
  • Lot Size Sq Ft: 7840.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1585.55
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2025
Closed on
Apr 24, 2025
Sold by
Jenner Matthew and Jenner Kathryn
Bought by
Paff Kelsey
Seller's Agent
Jessica Steele
Berkshire Hathaway HomeServices MI
Buyer's Agent
Chelsy Bernard
Berkshire Hathaway HomeServices MI
List Price
$200,000
Sold Price
$200,100
Premium/Discount to List
$100
0.05%
Views
84

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-14.20%
Original Mortgage
$9,394
Outstanding Balance
$9,386
Interest Rate
6.67%
Estimated Equity
$184,974

Purchase Details

Listed on
Oct 10, 2019
Closed on
Oct 31, 2019
Sold by
Wyn Frances
Bought by
Jenner Matthew and Jenner Kathryn
Seller's Agent
Scot Kellogg
616 Realty LLC
Buyer's Agent
Scot Kellogg
616 Realty LLC
List Price
$124,900
Sold Price
$125,000
Premium/Discount to List
$100
0.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.97%
Original Mortgage
$93,750
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 29, 2017
Closed on
Dec 26, 2017
Sold by
Jpmorgan Chase Bank Na
Bought by
Wyn Frances
Seller's Agent
Terrie Boven
RE/MAX of Kalamazoo
Buyer's Agent
Scot Kellogg
616 Realty LLC
List Price
$49,500
Sold Price
$55,000
Premium/Discount to List
$5,500
11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.00%

Purchase Details

Closed on
Sep 15, 2016
Sold by
Cox Beverly J
Bought by
Jpmorgan Chse Bank Na
Source: Public Records

Similar Home in Otsego, MI

  • 234 E Hammond St, Otsego, MI 49078

    $145,000

    • 2 Beds
    • 1 Bath
    • 1,128 Sq Ft
    • 234 E Hammond St
    • Otsego, MI

    Large lot with 3 large outbuildings/storage buildings. House needs major TLC and has the Opportunity to build new or potentially build a couple of houses.

    Jennifer Tanis Berkshire Hathaway HomeServices Michigan Real Estate (Main)

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Range of Values:

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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 $200,100 Chicago Title Of Michigan
Warranty Deed $125,000 616 Title Agency Of Mi Llc
Deed $55,000 None Available
Sheriffs Deed $22,041 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $9,394 No Value Available
Open $194,139 FHA
Previous Owner $97,000 New Conventional
Previous Owner $93,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2025 04/24/25 Sold $200,100 +2.6% $133 / Sq Ft
03/18/2025 03/18/25 Pending -- -- --
03/18/2025 03/18/25 Price Changed $195,000 -2.5% $130 / Sq Ft
03/11/2025 03/11/25 For Sale $200,000 +60.0% $133 / Sq Ft
10/31/2019 10/31/19 Sold $125,000 +0.1% $83 / Sq Ft
10/10/2019 10/10/19 Pending -- -- --
10/10/2019 10/10/19 For Sale $124,900 +127.1% $83 / Sq Ft
01/05/2018 01/05/18 Sold $55,000 +11.1% $37 / Sq Ft
12/13/2017 12/13/17 Pending -- -- --
11/29/2017 11/29/17 For Sale $49,500 -- $33 / 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 $2,260 $72,100 $7,100 $65,000
2024 $1,936 $63,200 $4,300 $58,900
2023 $2,155 $53,700 $4,100 $49,600
2022 $1,936 $47,600 $4,100 $43,500
2021 $1,929 $44,000 $4,100 $39,900
2020 $1,911 $43,600 $4,100 $39,500
2019 $1,638 $36,500 $4,100 $32,400
2018 $1,570 $32,800 $4,100 $28,700
2017 $0 $27,600 $4,700 $22,900
2016 $0 $25,300 $3,400 $21,900
2015 -- $25,300 $3,400 $21,900
2014 $1,133 $24,300 $6,400 $17,900
2013 $1,133 $23,000 $5,200 $17,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19049734

Southwestern Michigan Association of REALTORS®

APN: 54-100-094-70