NOT LISTED FOR SALE

1434 14th St Otsego, MI 49078

Estimated Value: $215,954 - $285,000

3 Beds
2 Baths
1,488 Sq Ft
$162/Sq Ft Est. Value

Last Sold August 10, 2012

Last sale price $58,340 $39 Per Sq Ft

Est. 313% increase in value since last sale

Current estimated payment $1,349/month

84 Days on Market

Highlights

  • Detached Garage
  • Baseboard Heating
  • 1-Story Property

About This Home

As of August 2012

HUD Home. Great country ranch. Pole barn is 30 X 40 and could house five or six cars. This inviting rancher is quiet, yet only 1.8 miles from US-131. Ideal for your Grand Rapids/Kalamazoo worker.Fenced in backyard and a full basement. Take a look at this one before its gone. Disclosures: Property is connected to a well and septic systems. Any required well and septic repairs will be the buyers expense. Repairs: Repair entry door jam, Repair broken front window, Finish walls in the mudroom, Replace missing fascia on left side of the home, Repair plumbing and hot water heater, Correct loose electrical outlets in the mudroom.For overbidding and/or escrow repair information, please see attached Overbidding and Escrow Repair'' MLS addendum. Price Reduced

Last Agent to Sell the Property

Nick Breedveld

Jaqua, REALTORS License #6501322081 Listed on: 03/22/2012

Jaqua, REALTORS

Last Buyer's Agent

Tanya Jackson

Greenridge Realty (Wayland) License #6501359532

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1984

Lot Details

  • 0.73 Acre Lot
  • Lot Dimensions are 166x198.47x160x189.78

Parking

  • Detached Garage

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,488 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System
  • Well
  • Septic System

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1984

Lot Details

0.73 Acres

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1984
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 39.62
  • General Property Info:Lot Dimensions: 166x198.47x160x189.78
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1488.0
  • General Property Info:Design: Ranch
  • Tax Info:Annual Property Tax: 1751.0
  • Roofing:Composition: Yes
  • Heat Source:Propane: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • General Property Info:Fireplace: No
  • Heat Type:Hot Water: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Heat Type:Baseboard: Yes
  • General Property Info:SqFt Above Grade: 1488.0
  • Special Features: 5120
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1488.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Total Basement SQFT: 1488.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 58960.0
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached
  • Garage:Garage2: Yes
  • Garage Type:_three_: Yes
  • Parking Features:Detached2: Yes

Utilities

  • Heating: Baseboard, Hot Water
  • Heating: Yes
  • Sewer: Septic System
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 0.73
  • Lot Size Area: 0.73
  • Lot Dimensions: 166x198.47x160x189.78
  • Lot Size Sq Ft: 31643.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1751.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2012
Closed on
Aug 6, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Mckerchie Michael D
Seller's Agent
Nick Breedveld
Jaqua, REALTORS
Buyer's Agent
Tanya Jackson
Greenridge Realty (Wayland)
List Price
$67,000
Sold Price
$58,340
Premium/Discount to List
-$8,660
-12.93%
Current Estimated Value
$240,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,649
Avg. Annual Appreciation
11.05%

Purchase Details

Closed on
Feb 16, 2012
Sold by
Jpmorgan Chase Bank National Association
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Apr 7, 2011
Sold by
Ressler David P and Ressler April J
Bought by
Chase Home Finance Llc

Purchase Details

Closed on
Jul 31, 2003
Sold by
Braun Thaddeus T and Braun Stephanie R
Bought by
Ressler David P and Ressler April J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,430
Interest Rate
5.31%
Mortgage Type
FHA

Purchase Details

Closed on
May 21, 1996
Sold by
Schweikert Eric and Schweikert Elizabeth
Bought by
Braun Thaddeus and Braun Stephanie R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Mckerchie Michael D $58,340 None Available
The Secretary Of Housing & Urban Develop -- None Available
Chase Home Finance Llc $133,012 None Available
Ressler David P $122,400 Chicago Title
Braun Thaddeus $87,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ressler David P $121,430
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2012 08/10/12 Sold $58,340 -12.9% $39 / Sq Ft
06/14/2012 06/14/12 Pending -- -- --
03/22/2012 03/22/12 For Sale $67,000 -- $45 / Sq Ft
Source: MichRIC

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 $1,297 $93,900 $7,500 $86,400
2024 $1,148 $93,000 $7,500 $85,500
2023 $1,148 $81,400 $7,500 $73,900
2022 $1,148 $64,500 $7,500 $57,000
2020 $1,077 $48,600 $7,500 $41,100
2019 $1,034 $51,000 $7,500 $43,500
2018 $0 $50,100 $7,500 $42,600
2017 $0 $44,600 $7,500 $37,100
2016 $0 $44,600 $7,500 $37,100
2015 -- $44,600 $7,500 $37,100
2014 -- $36,900 $7,500 $29,400
2013 -- $33,200 $7,500 $25,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 12015244

MichRIC

APN: 23-026-033-00

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