NOT LISTED FOR SALE

1602 Southpointe Trail Otsego, MI 49078

Estimated Value: $401,000 - $804,000

1.51 Acres
$395,799 Price per Acre
65,776 Sq Ft Lot

Last Sold August 06, 2015

Last sale price $20,000

Est. 2,888% increase in value since last sale

Current estimated payment $3,670/month

118 Days on Market

Highlights

  • 1.51 Acre Lot
  • Otsego High School Rated 9+
  • Level Lot

About This Lot

As of August 2015

Incredible acre + property to build your perfect home. This site is not a part of the Southpointe Trails Neighborhood and will not pay association dues. Seller is a licensed real estate agent in Michigan.

Last Agent to Sell the Property

Joy Watts

Berkshire Hathaway HomeServices MI License #6506043085 Listed on: 02/27/2015

Berkshire Hathaway HomeServices MI

Co-Listed By

Matt Watts

Berkshire Hathaway HomeServices MI License #6501300761

Last Buyer's Agent

Brad Boone

Berkshire Hathaway HomeServices MI License #6501261340

Berkshire Hathaway HomeServices MI

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $102

Lot Details

  • 1.51 Acre Lot
  • Lot Dimensions are 330 x 199
  • Level Lot
  • Finished Lot(s)

Location

  • Mineral Rights

Utilities

  • Phone Available
  • Cable TV Available

Property Details

Property Type

Land

Est. Annual Taxes

$102

Lot Details

0

Listing Details

  • Property Sub-Type: Acreage
  • Property Type: Land
  • ResoPropertyType: Land
  • General Property Info:Lot Dimensions: 330 x 199
  • General Property Info:Waterfront3: No
  • Tax Info:Annual Property Tax: 102.0
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Lot Description:Level: Yes
  • General Property Info:Property Sub-Type2: Acreage
  • Util Avail at Street:Telephone: Yes
  • Util Avail at Street:Cable2: Yes
  • Mineral Rights:Yes: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 20000.0
  • Lot Features: Buildable
  • Road Surface Type: Paved
  • Topography: {"Level":true}
  • Waterfront: No

Lot Info

  • Lot Size Acres: 1.51
  • Lot Size Area: 1.51
  • Lot Size Sq Ft: 65645.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 102.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2016
Sold by
Swinehart Lori A and Winn Bryan F
Bought by
Swinehart Winn Lori and Winn Bryan F
Current Estimated Value
$597,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Outstanding Balance
$78,374
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$519,282

Purchase Details

Closed on
Feb 2, 2016
Sold by
Swinehart Lori A
Bought by
Swinehart Lori A and Winn Bryan F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,700
Outstanding Balance
$157,756
Interest Rate
3.97%
Mortgage Type
Construction
Estimated Equity
$439,900

Purchase Details

Listed on
Feb 27, 2015
Closed on
Aug 6, 2015
Sold by
Balwat Llc
Bought by
Swinehart Lori and Winn Bryan F
Seller's Agent
Joy Watts
Berkshire Hathaway HomeServices MI
Buyer's Agent
Brad Boone
Berkshire Hathaway HomeServices MI
List Price
$20,000
Sold Price
$20,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.48%
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
Swinehart Winn Lori -- Attorney
Swinehart Lori A -- Attorney
Swinehart Lori A $18,500 None Available
Swinehart Lori -- Title Resource Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swinehart Winn Lori $97,000
Open Swinehart Lori A $195,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2015 08/06/15 Sold $20,000 0.0% --
06/25/2015 06/25/15 Pending -- -- --
02/27/2015 02/27/15 For Sale $20,000 -- --
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 $6,137 $286,000 $15,700 $270,300
2024 $4,588 $255,800 $15,600 $240,200
2023 $4,891 $214,700 $14,000 $200,700
2022 $4,588 $181,600 $13,700 $167,900
2021 $4,347 $173,100 $12,900 $160,200
2020 $4,277 $157,100 $12,900 $144,200
2019 $4,149 $150,700 $10,100 $140,600
2018 $3,793 $123,400 $8,700 $114,700
2017 $0 $122,100 $8,600 $113,500
2016 $0 $5,700 $5,700 $0
2015 -- $5,700 $5,700 $0
2014 $115 $6,100 $6,100 $0
2013 $115 $6,500 $6,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15007913

Southwestern Michigan Association of REALTORS®

APN: 17-027-009-11