NOT LISTED FOR SALE

1628 Sycamore St Otsego, MI 49078

Estimated Value: $248,000 - $303,000

3 Beds
1 Bath
1,216 Sq Ft
$217/Sq Ft Est. Value

Last Sold April 09, 2015

Last sale price $100,507 $83 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $1,631/month

39 Days on Market

Highlights

  • 1 Car Attached Garage
  • Forced Air Heating System
  • 1-Story Property
  • Otsego High School Rated 9+

About This Home

As of April 2015

Neat and tidy, classic 3 bedroom ranch, on half an acre, always in demand. Neutral walls and carpet; move right in. Deck in the back. Handy storage shed. A short distance from the charming, relaxed, downtown area of Otsego. Buyer to verify taxes and homestead status, assume any and all assessments as figures/status may change from when the listing is printed. THIS PROPERTY IS ELIGIBLE UNDER THE FREDDIE MAC FIRST LOOK INITIATIVE THROUGH JANUARY 12, 2015. Offers from owner occupants as primary residence, non-profits, NSP grantees and community development organizations are eligible for the Freddie Mac First Look Initiative and will be considered, other offers must wait till after initiative expires. Attached affidavit must be signed by buyer and selling agent.

Last Agent to Sell the Property

Jim Wiersma

Coldwell Banker Woodland Schmidt License #6506043979 Listed on: 01/23/2015

Coldwell Banker Woodland Schmidt

Co-Listed By

Bernie Merkle

Coldwell Banker Woodland Schmidt License #6506041602

Last Buyer's Agent

Candace Dunham

Welcome Home Real Estate LLC License #6502375352

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1993

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 110 x 200

Parking

  • 1 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,216 Sq Ft Home
  • 1-Story Property
  • Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Septic System

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1993

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1993
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: 110 x 200
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1216.0
  • Tax Info:Annual Property Tax: 2539.0
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1216.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Special Features: 5120
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 1216.0
  • 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

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Attached
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.51
  • Lot Size Area: 0.51
  • Lot Dimensions: 110 x 200
  • Lot Size Sq Ft: 22215.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2539.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2015
Closed on
Apr 8, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Christman Tim A
Seller's Agent
Jim Wiersma
Coldwell Banker Woodland Schmidt
Buyer's Agent
Candace Dunham
Welcome Home Real Estate LLC
List Price
$109,900
Sold Price
$100,507
Premium/Discount to List
-$9,393
-8.55%
Current Estimated Value
$263,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,259
Avg. Annual Appreciation
9.60%
Original Mortgage
$102,558
Outstanding Balance
$79,037
Interest Rate
3.77%
Mortgage Type
New Conventional
Estimated Equity
$184,729

Purchase Details

Closed on
Mar 24, 2014
Sold by
Citimortgage Inc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 17, 2013
Sold by
Sursely Robert A and Sursely Stacy E
Bought by
Abn Amro Mortgage Group Inc

Purchase Details

Closed on
Dec 29, 1998
Sold by
Murphy Theresa D
Bought by
Sursely Robert and Eltkamp Stacy

Purchase Details

Closed on
Aug 1, 1992
Sold by
Mildred Warner
Bought by
"Murphy
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
Christman Tim A $100,507 E Title
Federal Home Loan Mortgage Corporation -- None Available
Abn Amro Mortgage Group Inc $94,542 None Available
Sursely Robert $105,000 --
"Murphy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Christman Tim A $102,558
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2015 04/09/15 Sold $100,507 -8.5% $83 / Sq Ft
03/03/2015 03/03/15 Pending -- -- --
01/23/2015 01/23/15 For Sale $109,900 -- $90 / 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 $2,790 $112,100 $11,000 $101,100
2024 $2,133 $109,600 $11,000 $98,600
2023 $2,171 $93,600 $11,000 $82,600
2022 $2,133 $89,100 $11,300 $77,800
2021 $2,015 $87,900 $11,000 $76,900
2020 $1,990 $77,600 $9,600 $68,000
2019 $1,924 $71,100 $6,600 $64,500
2018 $1,883 $68,500 $6,600 $61,900
2017 $0 $63,600 $6,200 $57,400
2016 $0 $58,100 $6,200 $51,900
2015 -- $58,100 $6,200 $51,900
2014 -- $56,700 $5,200 $51,500
2013 -- $53,000 $6,100 $46,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15003050

Southwestern Michigan Association of REALTORS®

APN: 17-580-030-00