NOT LISTED FOR SALE

1529 112th Ave Otsego, MI 49078

Estimated Value: $192,000 - $299,000

3 Beds
2 Baths
1,352 Sq Ft
$174/Sq Ft Est. Value

Last Sold January 26, 2015

Last sale price $94,500 $70 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $1,421/month

Highlights

  • 1 Fireplace
  • Forced Air Heating System
  • 1-Story Property
  • Otsego High School Rated 9+

About This Home

As of January 2015

Quietly nestled into the countryside of Otsego Michigan is this 3 bedrooms 2 full bathrooms, including a master bathroom beautiful ranch home. Nearly 5 acres of land. A large pole barn and lots of potential with a partially finished basement. New well pump - fresh paint - new trim in several rooms. 4 year old Furnace. 5 Year old Roof.

The land is rolling hills out back with a large front yard as well.

Come see today before its too late!

Last Agent to Sell the Property

Matthew Cramer

Keller Williams Rivertown - I License #6501375212 Listed on: 12/20/2014

Last Buyer's Agent

Matthew Cramer

Keller Williams Rivertown - I License #6501375212 Listed on: 12/20/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,210

Year Built

  • Built in 1986

Lot Details

  • 4.9 Acre Lot
  • Property is zoned A2-RU, A2-RU

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,352 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Laundry on main level
  • Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,210

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1986
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: na
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1352.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 1210.0
  • Tax Info:Zoning3: A2-RU
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • General Property Info:Total Fireplaces: 1.0
  • General Property Info:Fireplace: Yes
  • General Property Info:SqFt Above Grade: 1352.0
  • Architectural Style:Ranch: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • LivingArea: 1352.0
  • General Property Info:Stories2: 1.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 99900.0
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 4.9
  • Lot Size Area: 4.9
  • Lot Dimensions: na
  • Lot Size Sq Ft: 213444.0
  • Zoning Description: A2-RU
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1210.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2020
Sold by
Schmitt Nicholas and Schmitt Jamie
Bought by
Schmitt Nicholas
Current Estimated Value
$234,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Outstanding Balance
$106,371
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$128,601

Purchase Details

Listed on
Dec 20, 2014
Closed on
Jan 26, 2015
Sold by
Brenner Tyler R and Belka Clayton C
Bought by
Schmitt Nicholas
Seller's Agent
Matthew Cramer
Keller Williams Rivertown - I
Buyer's Agent
Matthew Cramer
Keller Williams Rivertown - I
List Price
$99,900
Sold Price
$94,500
Premium/Discount to List
-$5,400
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.88%
Original Mortgage
$92,787
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 30, 2007
Sold by
Brenner Tyler R
Bought by
Brenner Tyler R and Belka Clayton C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.21%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 27, 2007
Sold by
Wells Fargo Bank Na
Bought by
Brenner Tyler R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.21%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 9, 2007
Sold by
Option One Mortgage Corp
Bought by
Wells Fargo Bank Na and Option One Mortgage Loan Trust 2003-4 As

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.21%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 20, 2005
Sold by
Option One Mortgage Corp
Bought by
Wells Fargo Bank Minnesota Na and Pooling & Servicing Agreement Option One

Purchase Details

Closed on
Jul 7, 2005
Sold by
Counterman Patti L and Counterman Steven E
Bought by
Option One Mortgage Corp

Purchase Details

Closed on
Sep 20, 2001
Sold by
Counterman Steven E and Counterman Patti L
Bought by
Tcf National Bank
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
Schmitt Nicholas -- Servicelink
Schmitt Nicholas $94,500 Chicago Title
Brenner Tyler R -- None Available
Brenner Tyler R $65,000 None Available
Wells Fargo Bank Na -- None Available
Wells Fargo Bank Minnesota Na -- --
Option One Mortgage Corp $117,796 --
Tcf National Bank $68,775 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmitt Nicholas $120,000
Closed Schmitt Nicholas $92,787
Previous Owner Brenner Tyler R $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2015 01/26/15 Sold $94,500 -5.4% $70 / Sq Ft
12/20/2014 12/20/14 For Sale $99,900 -- $74 / Sq Ft
12/19/2014 12/19/14 Pending -- -- --
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 $2,054 $109,900 $29,800 $80,100
2024 $1,843 $109,100 $29,800 $79,300
2023 $1,843 $91,400 $22,500 $68,900
2022 $1,843 $75,800 $22,500 $53,300
2021 $1,730 $71,900 $22,500 $49,400
2020 $1,730 $61,000 $22,500 $38,500
2019 $1,647 $61,000 $22,500 $38,500
2018 $0 $54,100 $22,500 $31,600
2017 $0 $52,900 $17,400 $35,500
2016 $0 $52,900 $17,400 $35,500
2015 -- $52,900 $17,400 $35,500
2014 -- $45,700 $17,400 $28,300
2013 -- $41,400 $14,800 $26,600
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Matthew Cramer

    Keller Williams Rivertown - I

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14066462

Southwestern Michigan Association of REALTORS®

APN: 23-035-011-11

Michigan Allegan County Otsego 49078

1529 112th Ave, Otsego, MI

This home is located at 1529 112th Ave, Otsego, MI 49078 since 20 December 2014 and is currently estimated at $234,972, approximately $173 per square foot. This property was built in 1986. 1529 112th Ave is a home located in Allegan County with nearby schools including Otsego High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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