NOT LISTED FOR SALE

1503 108th Ave Otsego, MI 49078

Estimated Value: $403,000 - $623,000

3 Beds
2 Baths
1,836 Sq Ft
$263/Sq Ft Est. Value

Last Sold January 27, 2014

Last sale price $153,500 $84 Per Sq Ft

Est. 215% increase in value since last sale

Current estimated payment $2,984/month

233 Days on Market

Highlights

  • 5.16 Acre Lot
  • Deck
  • Wetlands on Lot
  • Otsego High School Rated 9+
  • Living Room with Fireplace
  • Wooded Lot

About This Home

As of January 2014

REDUCED!! $10,000 Magnificent property on 5.16 acres just north of Otsego. This property has a 1800 sq ft home, 2 car attached garage, 2 car detached garage, large pole barn, plus 15' deep spring fed pond. Home features 3 bedrooms, 2 baths, formal dining, living room with fireplace, hardwood floors and 3 season porch basement has large recreation room with fireplace. The property this home sits on is truly unique and hard to find.

Last Agent to Sell the Property

George Kibler

RE/MAX Advantage Listed on: 05/07/2013

Last Buyer's Agent

Brian DeSmit

Apex Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,503

Year Built

  • Built in 1960

Lot Details

  • 5.16 Acre Lot
  • Lot Dimensions are 498x451
  • Corner Lot: Yes
  • Wooded Lot
  • Garden

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,836 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Recreation Room with Fireplace
  • Sun or Florida Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Attic Fan

Kitchen

  • Breakfast Area or Nook
  • Oven
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Wetlands on Lot
  • Deck
  • Pole Barn

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Well
  • Septic System
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,503

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1960
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: 498x451
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1836.0
  • General Property Info:Design: Ranch
  • Tax Info:Annual Property Tax: 2503.0
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Appliances Refrigerators: Yes
  • Util Avail at Street:Electric: Yes
  • Lot Description:Corner Lot: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • General Property Info:Fireplace: No
  • Utilities Attached:Telephone Line: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Wood Floor: Yes
  • Landscape:Garden Area: Yes
  • Outbuildings:Pole Barn: Yes
  • Lot Description:Wetland Area: Yes
  • Additional Items:Attic Fan: Yes
  • General Property Info:SqFt Above Grade: 1836.0
  • General Property Info Garage YN: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Range, Oven, Disposal, Dishwasher
  • Interior Amenities: Ceiling Fan(s), Attic Fan, Garage Door Opener, Wood Floor, Pantry
  • Fireplace Features: Living Room, Recreation Room, Wood Burning
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1836.0
  • General Property Info:Stories2: 1.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Breakfast Nook: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Fireplace:Wood Burning: Yes
  • Fireplace:Rec Room: Yes

Exterior Features

  • Construction Materials: Brick, Wood Siding
  • Exterior Features: Deck(s), 3 Season Room
  • List Price: 164900.0
  • Lot Features: Corner Lot, Wooded, Wetland Area
  • Other Structures: Pole Barn
  • Road Surface Type: Paved
  • Waterfront: No
  • Driveway Paved: Yes
  • Exterior Features:Deck(s): Yes
  • Exterior Material:Wood Siding: Yes
  • Exterior Material:Brick: Yes
  • Exterior Features 3 Season Room: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Phone Available, Electricity Available, Cable Available, Phone Connected
  • Water Source: Well
  • Water Well: Yes
  • Heat Source:Oil: Yes

Lot Info

  • Lot Size Acres: 5.16
  • Lot Size Area: 5.16
  • Lot Dimensions: 498x451
  • Lot Size Sq Ft: 224770.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2503.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2013
Closed on
Jan 27, 2014
Sold by
Burley Daniel
Bought by
Zatzke Kyle
Seller's Agent
George Kibler
RE/MAX Advantage
Buyer's Agent
Brian DeSmit
Apex Realty Group
List Price
$189,000
Sold Price
$153,500
Premium/Discount to List
-$35,500
-18.78%
Current Estimated Value
$483,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329,745
Avg. Annual Appreciation
10.29%
Original Mortgage
$145,825
Outstanding Balance
$111,084
Interest Rate
4.55%
Mortgage Type
New Conventional
Estimated Equity
$372,161

Purchase Details

Listed on
May 7, 2013
Closed on
Jan 11, 2014
Sold by
Burley Christine
Bought by
Burley Daniel
Seller's Agent
George Kibler
RE/MAX Advantage
Buyer's Agent
Brian DeSmit
Apex Realty Group
List Price
$189,000
Sold Price
$153,500
Premium/Discount to List
-$35,500
-18.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,825
Outstanding Balance
$111,084
Interest Rate
4.55%
Mortgage Type
New Conventional
Estimated Equity
$372,161

Purchase Details

Closed on
Mar 28, 2001
Sold by
Browne Neil Nichols and Browne Susan
Bought by
Burley Daniel R and Burley Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.05%

Purchase Details

Closed on
Jan 1, 1991
Bought by
"Browne
Source: Public Records

Range of Values:

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Average Value
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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
Zatzke Kyle $153,500 Metro Advantage Title Agency
Burley Daniel -- None Available
Burley Daniel R $175,000 Title Bond
"Browne $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zatzke Kyle $145,825
Previous Owner Burley Daniel R $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2014 01/27/14 Sold $153,500 -18.8% $84 / Sq Ft
12/26/2013 12/26/13 Pending -- -- --
05/07/2013 05/07/13 For Sale $189,000 -- $103 / 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 $4,948 $220,200 $19,700 $200,500
2024 $4,169 $193,400 $18,600 $174,800
2023 $4,245 $164,500 $18,500 $146,000
2022 $4,169 $151,600 $17,600 $134,000
2021 $3,948 $144,400 $15,600 $128,800
2020 $3,886 $129,200 $15,100 $114,100
2019 $3,131 $107,800 $13,200 $94,600
2018 $2,552 $85,100 $13,300 $71,800
2017 $0 $82,500 $10,400 $72,100
2016 $0 $80,000 $10,400 $69,600
2015 -- $80,000 $10,400 $69,600
2014 $2,777 $98,500 $10,700 $87,800
2013 $2,777 $93,200 $11,600 $81,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13025338

Southwestern Michigan Association of REALTORS®

APN: 17-011-011-00