NOT LISTED FOR SALE

119 E Hammond St Otsego, MI 49078

Estimated Value: $219,000 - $238,555

3 Beds
2 Baths
1,570 Sq Ft
$146/Sq Ft Est. Value

Last Sold August 22, 2016

Last sale price $98,500 $63 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $1,514/month

About This Home

As of August 2016

Stately traditional 2 story in the City of Otsego, on a corner lot with a white fence surrounding it. This could be yours! The home boasts 3 upper bedrooms with wood flooring, the master having double closets, and a 3/4 bath. Main floor has beautiful, wide woodwork with some replacement windows. Good size oak kitchen with snack bar open to dining room. A formal living room and family room with additional full bath round out the main level. A new furnace was installed to go with the central air. 200 Amp electric service combined with a 3 car attached garage make a great package for the home shop. Wrap around porch encompasses 2 sides of the home for summer evening enjoyment. All of this is finished off by that nice white fence. Sale to be ''as is''. Seller will do no repairs.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2016
Closed on
Aug 22, 2016
Sold by
The Michael T Henry Trust
Bought by
Moorman Constance
Seller's Agent
Nancy Whitney
Cornell & Associates
Buyer's Agent
David Geurink
Five Star Real Estate (Holland)
List Price
$122,900
Sold Price
$98,500
Premium/Discount to List
-$24,400
-19.85%
Current Estimated Value
$229,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,139
Avg. Annual Appreciation
9.33%
Original Mortgage
$101,799
Outstanding Balance
$83,918
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$135,743

Purchase Details

Listed on
Dec 20, 2014
Closed on
Jan 16, 2015
Sold by
Secretary Of Veterans Affairs
Bought by
Michael T Henry Trust
Seller's Agent
Richard Stewart
REO Specialists, L.L.C.
Buyer's Agent
Nancy Whitney
Greenridge Cornell & Associates
List Price
$51,900
Sold Price
$77,000
Premium/Discount to List
$25,100
48.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.75%

Purchase Details

Closed on
Jul 9, 2014
Sold by
Finch Marlon D and Kellogg Dawn M
Bought by
Citimortgage Inc

Purchase Details

Closed on
Jul 7, 2014
Sold by
Citimortgage Inc
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Jul 25, 2003
Sold by
Finch Marlon D and Kellogg Dawn M
Bought by
Finch Marlon D and Kellogg Dawn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,119
Interest Rate
5.3%
Mortgage Type
VA

Purchase Details

Closed on
Mar 28, 2002
Sold by
Clemens Thomas L and Clemens Sarah H
Bought by
Finch Marlon D and Kellogg Dawn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,587
Interest Rate
6.87%
Mortgage Type
VA

Purchase Details

Closed on
May 6, 1998
Sold by
Knight Daryl and Knight Kathleen
Bought by
Clemens Thomas L and Clemens Sarah H
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 Buyer Sale Price Title Company
Moorman Constance $98,500 None Available
Michael T Henry Trust $77,000 None Available
Citimortgage Inc $106,537 Servicelink
Secretary Of Veterans Affairs -- Servicelink
Finch Marlon D -- --
Finch Marlon D -- Chicago Title
Clemens Thomas L $114,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moorman Constance $101,799
Previous Owner Finch Marlon D $128,119
Previous Owner Finch Marlon D $126,587
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2016 08/22/16 Sold $98,500 -19.9% $63 / Sq Ft
07/17/2016 07/17/16 Pending -- -- --
06/29/2016 06/29/16 For Sale $122,900 +59.6% $78 / Sq Ft
01/21/2015 01/21/15 Sold $77,000 +48.4% $49 / Sq Ft
01/15/2015 01/15/15 Pending -- -- --
12/20/2014 12/20/14 For Sale $51,900 -- $33 / Sq Ft

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 $3,152 $113,300 $11,500 $101,800
2024 $2,699 $96,900 $6,800 $90,100
2023 $3,006 $86,200 $6,500 $79,700
2022 $2,699 $76,400 $6,500 $69,900
2021 $2,690 $68,400 $6,500 $61,900
2020 $2,651 $67,600 $6,500 $61,100
2019 $2,580 $63,500 $6,500 $57,000
2018 $2,513 $60,500 $6,500 $54,000
2017 $0 $63,300 $9,400 $0
2016 $0 $57,000 $9,400 $47,600
2015 -- $57,000 $9,400 $47,600
2014 $2,420 $56,000 $13,300 $42,700
2013 $2,420 $55,500 $13,000 $42,500
Source: Public Records

Agents Affiliated with this Home

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