NOT LISTED FOR SALE

1616 Elm St Otsego, MI 49078

Otsego Neighborhood

Estimated Value: $226,000 - $284,000

2 Beds
1 Bath
1,290 Sq Ft
$189/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $183,000 $142 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,579/month

26 Days on Market

Highlights

  • Wooded Lot
  • Sun or Florida Room
  • Bay Window
  • Wood Flooring
  • 1 Car Attached Garage
  • Shed

About This Home

As of August 2021

OPEN HOUSE SUNDAY JULY 18TH, 2 -4.
ALL OFFERS TO BE REVIEWED SUNDAY EVENING. What a great home. You can literally set your furniture down and not have to worry about anything. This ranch has a large main bedroom and a guest bedroom. 1 full bath that has been updated. Updated flooring in the Livingroom, where you can enjoy the fireplace on those chilly nights. It also has a great 3 season porch to enjoy. The exterior has been updated with vinyl siding and replacement window.

Last Listed By

Nancy Whitney

Cornell & Associates Listed on: 07/13/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,251

Year Built

  • Built in 1960

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 110x167
  • Shrub
  • Wooded Lot

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Composition Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,290 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Replacement Windows
  • Insulated Windows
  • Bay Window
  • Window Screens
  • Living Room with Fireplace
  • Sun or Florida Room
  • Screened Porch
  • Wood Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Shed
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,251

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 1
  • Year Built: 1960
  • ResoPropertyType: Residential
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Microwave: Yes
  • Architectural Style:Ranch: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Flooring: Wood
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener
  • Fireplace Features: Living Room, Wood Burning
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Crawl Space, Partial
  • LivingArea: 1290.0
  • Window Features: Screens, Replacement, Insulated Windows, Bay/Bow
  • Basement Rooms:Total Basement SQFT: 1150.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Construction Materials: Vinyl Siding, Wood Siding
  • Exterior Features: Scrn Porch, 3 Season Room
  • List Price: 189900.0
  • Lot Features: Wooded
  • Other Structures: Shed(s)
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Features:Scrn Porch: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.42
  • Lot Size Area: 0.42
  • Lot Dimensions: 110x167
  • Lot Size Sq Ft: 18382.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1250.67
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2021
Closed on
Aug 20, 2021
Sold by
Wallace Jill M and Wallace Jill Marie
Bought by
Hearns Allen and Hearns Maria Ana
Seller's Agent
Nancy Whitney
Cornell & Associates
Buyer's Agent
Ron Webb
RE/MAX Lakeshore
Sold Price
$183,000
Total Days on Market
26
Current Estimated Value
$243,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,973
Avg. Annual Appreciation
7.85%
Original Mortgage
$169,100
Outstanding Balance
$156,197
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$86,037

Purchase Details

Closed on
Apr 2, 2015
Sold by
Wallace Stuart Earl
Bought by
Wallace Jill Marie

Purchase Details

Closed on
Jan 19, 2012
Sold by
Wallace Jill M and Richardson Jill M
Bought by
Wallace Jill M and Wallace Stuart

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2005
Sold by
The Revocable Living Trust Agreement For
Bought by
Richardson Jill M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,400
Interest Rate
6.48%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 1, 1986
Sold by
Carl Lovett
Bought by
Gerald Eckert

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
Hearns Allen $183,000 None Available
Wallace Jill Marie -- None Available
Wallace Jill M -- Chicago Title
Richardson Jill M $112,400 Devon Title Agency
Gerald Eckert $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hearns Allen $169,100
Previous Owner Wallace Jill Marie $41,500
Previous Owner Wallace Jill M $100,000
Previous Owner Richardson Jill M $112,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $183,000 -3.6% $142 / Sq Ft
07/19/2021 07/19/21 Pending -- -- --
07/13/2021 07/13/21 For Sale -- -- --
06/28/2021 06/28/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $189,900 -- $147 / 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
2024 $2,729 $106,700 $11,000 $95,700
2023 $2,778 $91,300 $11,000 $80,300
2022 $2,729 $84,200 $11,300 $72,900
2021 $1,260 $55,700 $11,000 $44,700
2020 $1,251 $49,200 $9,600 $39,600
2019 $1,205 $44,300 $6,600 $37,700
2018 $1,181 $43,900 $6,600 $37,300
2017 $0 $40,700 $6,200 $34,500
2016 $0 $37,500 $6,200 $31,300
2015 -- $37,500 $6,200 $31,300
2014 $1,382 $36,200 $5,200 $31,000
2013 $1,382 $34,400 $6,100 $28,300
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2021

    Nancy Whitney

    Cornell & Associates

  • Ron Webb

    Buyer's Agent in 2021

    Ron Webb

    RE/MAX Michigan

    1 in this area

    28 Total Sales

    Ron Webb
    Section Image

  • R

    Buyer's Agent in 2021

    Ronald Webb

    West Edge Real Estate

See All Agents

Map

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Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21024160

Southwestern Michigan Association of REALTORS®

APN: 17-580-004-00

Michigan Allegan County Otsego 49078 Otsego

1616 Elm St, Otsego, MI

Homes for Sale in Otsego, MI

This home is located at 1616 Elm St, Otsego, MI 49078 since 13 July 2021 and is currently estimated at $243,973, approximately $189 per square foot. This property was built in 1960. 1616 Elm St is a home located in Allegan County with nearby schools including Otsego High School, St. Margaret School, and Otsego Christian Academy.

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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