NOT LISTED FOR SALE

1529 112th Ave Otsego, MI 49078

Estimated Value: $179,965 - $296,000

3 Beds
2 Baths
1,352 Sq Ft
$167/Sq Ft Est. Value

Last Sold January 26, 2015

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

Est. 139% increase in value since last sale

Current estimated payment $1,351/month

Highlights

  • 1 Fireplace
  • Forced Air Heating System
  • 1-Story Property

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 Listed By

Matthew Cramer

Keller Williams Rivertown - I 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
  • Stories: 1
  • Year Built: 1986
  • ResoPropertyType: Residential
  • 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

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 99900.0
  • Waterfront: No
  • 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
$225,491

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
$108,231
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$96,712

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
7.81%
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

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 J $28,370
Closed Schmitt Nicholas $92,787
Previous Owner Brenner Tyler R $87,505
Previous Owner Brenner Tyler R $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14066462

Southwestern Michigan Association of REALTORS®

APN: 23-035-011-11