NOT LISTED FOR SALE

1387 106th Ave Otsego, MI 49078

Estimated Value: $249,000 - $371,000

2 Beds
2 Baths
832 Sq Ft
$376/Sq Ft Est. Value

Last Sold May 19, 2023

Last sale price $313,000 $376 Per Sq Ft

Current estimated payment $2,411/month

5 Days on Market

Highlights

  • 2.27 Acre Lot
  • 1 Fireplace
  • Forced Air Heating and Cooling System

About This Home

As of May 2023

Super nice duplex on a private lot and close to downtown Otsego. This duplex will not disappoint! Both units have been freshly updated with new carpets, flooring, and paint. Both units have 3 bedrooms, 2 full baths, main floor laundry, finished lower levels with family rooms. 2 stall attached garage on each side, natural gas. Seller instructs listing broker to hold any/all offers until Wednesday 3/22/23 at noon.

Last Agent to Sell the Property

John Schat

Five Star Real Estate (Grandv) License #6501254085 Listed on: 03/17/2023

Five Star Real Estate (Grandv)

Last Buyer's Agent

John Schat

Greenridge Realty (West)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,313

Year Built

  • Built in 2004

Lot Details

  • 2.27 Acre Lot
  • Lot Dimensions are 203x488

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Natural lighting in basement

Parking

  • 4 Parking Spaces
  • Gravel Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Septic System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for trash collection, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,313

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 2004
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 203x488
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3313.0
  • Tax Info:Zoning3: res
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Driveway:Gravel: Yes
  • Substructure:Daylight: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Basement, Daylight

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 274900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Septic System
  • Water Source: Well, Public
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 2.27
  • Lot Size Area: 2.27
  • Lot Dimensions: 203x488
  • Lot Size Sq Ft: 99064.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Trash Collection, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3313.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2023
Closed on
May 19, 2023
Sold by
Miedema Jocelyn J
Bought by
Otsego 106 Llc
Seller's Agent
John Schat
Five Star Real Estate (Grandv)
Buyer's Agent
John Schat
Five Star Real Estate (Grandv)
List Price
$274,900
Sold Price
$313,000
Premium/Discount to List
$38,100
13.86%
Views
44
Current Estimated Value
$312,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$55
Avg. Annual Appreciation
-2.50%

Purchase Details

Listed on
Mar 17, 2023
Closed on
May 1, 2023
Sold by
Miedema Jeffrey D
Bought by
Miedema Jocelyn J
Seller's Agent
John Schat
Five Star Real Estate (Grandv)
Buyer's Agent
John Schat
Five Star Real Estate (Grandv)
List Price
$274,900
Sold Price
$313,000
Premium/Discount to List
$38,100
13.86%
Views
44

Purchase Details

Closed on
Feb 22, 2023
Sold by
Miedema Jeffrey D
Bought by
Miedema Jocelyn J

Purchase Details

Closed on
Nov 7, 2003
Sold by
Havener Robert M and Havener Teresa M
Bought by
Southern Venture Llc
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
Otsego 106 Llc $313,000 None Listed On Document
Miedema Jocelyn J -- None Listed On Document
Miedema Jocelyn J -- --
Southern Venture Llc $19,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Southern Venture Llc $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2023 05/19/23 Sold $313,000 +13.9% $376 / Sq Ft
03/22/2023 03/22/23 Pending -- -- --
03/17/2023 03/17/23 For Sale $274,900 -- $330 / 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 $8,119 $176,200 $15,600 $160,600
2024 $3,178 $154,800 $15,500 $139,300
2023 $3,215 $130,600 $13,800 $116,800
2022 $3,178 $118,800 $13,600 $105,200
2021 $3,028 $122,900 $12,400 $110,500
2020 $2,992 $124,000 $11,500 $112,500
2019 $2,935 $96,300 $9,900 $86,400
2018 $2,882 $83,500 $7,600 $75,900
2017 $0 $75,700 $6,100 $69,600
2016 $0 $77,500 $6,100 $71,400
2015 -- $77,500 $6,100 $71,400
2014 $3,375 $73,600 $6,400 $67,200
2013 $3,375 $65,600 $6,400 $59,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23007791

Southwestern Michigan Association of REALTORS®

APN: 17-024-031-20