NOT LISTED FOR SALE

1587 116th Ave Otsego, MI 49078

Estimated Value: $260,972 - $303,000

4 Beds
1 Bath
1,688 Sq Ft
$162/Sq Ft Est. Value

Last Sold June 15, 2023

Last sale price $234,900 $139 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,727/month

6 Days on Market

Highlights

  • Farmhouse Style Home
  • Detached Garage
  • Forced Air Heating System

About This Home

As of June 2023

Come home to this lovely 4 bedroom, 1 bathroom home that has been impeccably maintained and tastefully updated. The new kitchen is a standout feature, boasting stylish finishes and newer appliances. There is also a bonus room in the garage that could be used for many different things. With its convenient location just minutes from US 131 Highway, this home offers easy access to work or shopping for a busy lifestyle.

Last Agent to Sell the Property

David Emmons

Five Star Real Estate License #6501315687 Listed on: 05/11/2023

Five Star Real Estate

Co-Listed By

Brian McDonald

RE/MAX Executive License #6502426295

Last Buyer's Agent

Christopher Timmer

Keller Williams Harbortown License #6501401091

Keller Williams Harbortown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,274

Year Built

  • Built in 1940

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 209 x 209

Parking

  • Detached Garage

Home Design

  • Farmhouse Style Home
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,688 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,274

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Farmhouse
  • Stories: 2
  • Year Built: 1940
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 209 x 209
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1688.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 1274.33
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Roofing:Shingle: Yes
  • General Property Info:SqFt Above Grade: 1688.0
  • General Property Info Garage YN: Yes
  • Architectural Style Farm House: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Fireplace: No
  • Total Bedrooms: 4
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 1688.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 1208.0
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 234900.0
  • Roof: Shingle
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes

Utilities

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

Lot Info

  • Lot Size Acres: 1.0
  • Lot Size Area: 1.0
  • Lot Dimensions: 209 x 209
  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1274.33
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2023
Closed on
Jun 15, 2023
Sold by
Rainey Lewis and Rainey Nichole
Bought by
Till Sierra Renee and Schut Justin Lee
Seller's Agent
David Emmons
Five Star Real Estate
Buyer's Agent
Christopher Timmer
Keller Williams Harbortown
List Price
$234,900
Sold Price
$234,900
Views
53
Current Estimated Value
$273,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,843
Avg. Annual Appreciation
8.59%
Original Mortgage
$227,853
Outstanding Balance
$222,681
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$58,682

Purchase Details

Closed on
Aug 26, 2020
Sold by
Rainey Lewis
Bought by
Rainey Lewis and Rainey Nichole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2011
Sold by
Knight Kurt
Bought by
Rainey Lewis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,230
Interest Rate
4.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2008
Sold by
New Blue Fish Development Llc
Bought by
Knight Kurt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,469
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 16, 2007
Sold by
Mortgage Electronic Registration Systems
Bought by
New Bluefish Development Llc

Purchase Details

Closed on
Sep 15, 2005
Sold by
Harris Danny R and Harris Darla J
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Aug 8, 1995
Sold by
Gordon Frank S
Bought by
Watson Community Abundant
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
Till Sierra Renee $234,900 Chicago Title Of Michigan
Rainey Lewis -- Nations Title Agency
Rainey Lewis $91,900 Dba Ppr Title Agency
Knight Kurt $78,500 Chicago Title
New Bluefish Development Llc $45,500 None Available
Mortgage Electronic Registration Systems $137,779 --
Watson Community Abundant -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Till Sierra Renee $227,853
Previous Owner Rainey Lewis $112,000
Previous Owner Rainey Lewis $95,230
Previous Owner Knight Kurt $73,469
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2023 06/28/23 Off Market $234,900 -- --
06/15/2023 06/15/23 Sold $234,900 0.0% $139 / Sq Ft
05/17/2023 05/17/23 Pending -- -- --
05/11/2023 05/11/23 For Sale $234,900 -- $139 / 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 $3,286 $111,700 $16,000 $95,700
2024 $1,274 $110,700 $16,000 $94,700
2023 $1,274 $87,500 $11,500 $76,000
2022 $1,274 $70,100 $11,500 $58,600
2021 $1,201 $66,200 $11,500 $54,700
2020 $1,201 $49,500 $11,500 $38,000
2019 $0 $49,500 $11,500 $38,000
2018 $0 $52,300 $11,500 $40,800
2017 $0 $45,900 $9,000 $36,900
2016 $0 $45,900 $9,000 $36,900
2015 -- $45,900 $9,000 $36,900
2014 -- $38,000 $8,500 $29,500
2013 -- $36,400 $8,300 $28,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23015219

Southwestern Michigan Association of REALTORS®

APN: 23-023-011-00