NOT LISTED FOR SALE

134 S State Rd Otisville, MI 48463

Estimated Value: $120,000 - $168,000

3 Beds
2 Baths
1,368 Sq Ft
$104/Sq Ft Est. Value

Last Sold June 07, 2016

Last sale price $32,500 $24 Per Sq Ft

Est. 338% increase in value since last sale

Current estimated payment $906/month

2,694 Days on Market

About This Home

As of June 2016

2 Unit apartment in downtown Otisville, close to park and shopping. Good investment potential cash flow.

Last Agent to Sell the Property

Charles Braniff

McGuirk Realty Inc. License #FAAR-124414 Listed on: 04/27/2016

Last Buyer's Agent

Charles Braniff

McGuirk Realty Inc. License #FAAR-124414 Listed on: 04/27/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1895

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 60 x 169

Interior Spaces

  • 2-Story Property
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Community Details

  • 2 Units
  • Village Of Otisville Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0928528018

Property Details

Home Type

Multi-Family

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Originating MLS: East Central Association of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 1389
  • Year Built: 1895
  • Mail City: Other
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Type: Finished
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Estimated Sq Ft: 1368

Exterior Features

  • Frontage: 60
  • Foundation Type: Basement
  • Frontage Type: Road

Lot Info

  • Assessor Parcel Number: 0928528018
  • Lot Dimensions: 60 x 169
  • Acreage: 0.19
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Water/Sewer, Electric

Tax Info

  • Summer Tax: Amount: $805.00
  • Winter Tax: Amount: $584.00
  • Total Tax: Amount: $1,389.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Lakeville Comm School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2021
Sold by
Cbs Rental Properties Llc
Bought by
Flores Stephanie J
Current Estimated Value
$142,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,010
Outstanding Balance
$84,318
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$57,497

Purchase Details

Listed on
Apr 27, 2016
Closed on
May 27, 2016
Sold by
Security Credit Union
Bought by
Cbs Rental Properties Llc
Seller's Agent
Charles Braniff
McGuirk Realty Inc.
Buyer's Agent
Charles Braniff
McGuirk Realty Inc.
List Price
$32,000
Sold Price
$32,500
Premium/Discount to List
$500
1.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.33%

Purchase Details

Closed on
Mar 31, 2016
Sold by
Keeley Charles R
Bought by
Security Credit Union

Purchase Details

Closed on
Mar 23, 2016
Sold by
Keeley Charles R
Bought by
Security Credit Union

Purchase Details

Closed on
Dec 15, 2003
Sold by
Kimes James R
Bought by
Keeley Charles R
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
Flores Stephanie J $90,100 None Listed On Document
Cbs Rental Properties Llc $32,000 Lighthouse Title Inc
Security Credit Union -- Attorney
Security Credit Union $42,589 Attorney
Keeley Charles R $75,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Stephanie J $91,010
Previous Owner Keeley Charles R $60,300
Previous Owner Keeley Charles R $60,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2016 06/07/16 Sold $32,500 0.0% $24 / Sq Ft
06/05/2009 06/05/09 Off Market $32,500 -- --
01/05/2009 01/05/09 For Sale $32,000 -- $23 / Sq Ft
Source: Michigan Multiple Listing Service

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
2024 $1,552 $59,900 $0 $0
2023 $1,479 $57,700 $0 $0
2022 $1,015 $51,300 $0 $0
2021 $1,768 $47,500 $0 $0
2020 $1,002 $44,400 $0 $0
2019 $985 $41,100 $0 $0
2018 $2,282 $34,600 $0 $0
2017 $2,270 $34,400 $0 $0
2016 $2,160 $30,900 $0 $0
2015 $842 $29,100 $0 $0
2014 $333 $29,100 $0 $0
2012 -- $29,100 $29,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 30057553

Michigan Multiple Listing Service

APN: 09-28-528-018