$115,000
SOLD MAY 21, 2025

128 Florence St Otsego, MI 49078

2 Beds
1 Bath
712 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$162 Per Sq Ft

26% Below List Price

41 Days on Market

Highlights

  • Deck
  • Porch
  • Living Room
  • Recreation Room
  • Eat-In Kitchen
  • Bungalow

About This Home

As of May 2025

Why rent when you can own. This 2-bedroom 1 bath in Otsego sits on a quiet dead-end street. Some updating completed and is waiting for its new owner to add the personal touches. There is a basement for additional storage or could be finished. Large rear yard has plenty of shade.

Last Agent to Sell the Property

Nancy Whitney

Greenridge Cornell & Associates License #6506008498 Listed on: 03/12/2025

Last Buyer's Agent

Nancy Whitney

Greenridge Cornell & Associates License #6506008498 Listed on: 03/12/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $852

Year Built

  • Built in 1920

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132

Home Design

  • Bungalow
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 712 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Recreation Room
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$852

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 1
  • Year Built: 1920
  • ResoPropertyType: Residential
  • Appliances Refrigerators: Yes
  • Architectural Style Bungalow: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 712.0
  • Basement Rooms:Total Basement SQFT: 712.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 139000.0
  • Patio and Porch Features: Deck, 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
  • Laundry Features: In Basement
  • Sewer: Public
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Dimensions: 66x132
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 852.31
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2025
Closed on
May 21, 2025
Sold by
Day Kendall
Bought by
Mihelich Robert J and Mihelich Gloria
Seller's Agent
Nancy Whitney
Greenridge Cornell & Associates
Buyer's Agent
Nancy Whitney
Greenridge Cornell & Associates
List Price
$154,900
Sold Price
$115,000
Premium/Discount to List
-$39,900
-25.76%
Views
128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
809.16%
Original Mortgage
$115,000
Outstanding Balance
$115,000
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$22,211

Purchase Details

Listed on
Nov 7, 2016
Closed on
Dec 22, 2016
Sold by
Cameron Christina
Bought by
Day Kendall
Seller's Agent
Shelly Pattison
RE/MAX Advantage
Buyer's Agent
Jorene Morrow
Jaqua, REALTORS
List Price
$60,000
Sold Price
$65,000
Premium/Discount to List
$5,000
8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.01%
Original Mortgage
$67,247
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2005
Sold by
Hud
Bought by
Cameron Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
5.91%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 2, 2005
Sold by
Midfirst Bank
Bought by
Hud

Purchase Details

Closed on
Aug 19, 2004
Sold by
Leonard Dale R and Leonard Rebecca S
Bought by
Midfirst Bank

Purchase Details

Closed on
Nov 3, 1997
Sold by
Kortokrax Roger
Bought by
Leonard Dale and Leonard Rebecca

Purchase Details

Closed on
Apr 24, 1997
Sold by
Bowman Todd L
Bought by
Kortokrax Roger and Kortokrax Bos Nancy

Purchase Details

Closed on
Jan 10, 1994
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 $115,000 None Listed On Document
Warranty Deed $65,000 None Available
Special Warranty Deed $57,000 Devon
Warranty Deed -- --
Sheriffs Deed $71,333 --
Deed $70,000 --
Deed $20,000 --
Deed $16,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $115,000 New Conventional
Previous Owner $67,247 New Conventional
Previous Owner $57,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2025 05/21/25 Sold $115,000 -17.3% $162 / Sq Ft
04/22/2025 04/22/25 Pending -- -- --
03/23/2025 03/23/25 Price Changed $139,000 -10.3% $195 / Sq Ft
03/12/2025 03/12/25 For Sale $154,900 +138.3% $218 / Sq Ft
12/22/2016 12/22/16 Sold $65,000 +8.3% $91 / Sq Ft
11/10/2016 11/10/16 Pending -- -- --
11/07/2016 11/07/16 For Sale $60,000 -- $84 / 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 $852 $41,600 $9,100 $32,500
2024 $733 $35,200 $5,500 $29,700
2023 $814 $30,900 $5,200 $25,700
2022 $733 $24,700 $5,200 $19,500
2021 $730 $22,600 $5,200 $17,400
2020 $720 $20,100 $5,200 $14,900
2019 $701 $18,100 $5,200 $12,900
2018 $683 $15,400 $5,200 $10,200
2017 -- $17,300 $7,500 $9,800
2016 -- $14,300 $5,000 $9,300
2015 -- $14,300 $5,000 $9,300
2014 $864 $16,700 $7,200 $9,500
2013 $864 $17,100 $6,700 $10,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 25009084

Southwestern Michigan Association of REALTORS®

APN: 54-550-011-00