NOT LISTED FOR SALE

1640 Elm St Otsego, MI 49078

Estimated Value: $217,000 - $284,000

2 Beds
2 Baths
1,160 Sq Ft
$208/Sq Ft Est. Value

Last Sold November 08, 2017

Last sale price $82,000 $71 Per Sq Ft

Est. 195% increase in value since last sale

Current estimated payment $1,612/month

2 Days on Market

Highlights

  • Recreation Room
  • Living Room
  • 2 Car Garage
  • 1 Fireplace
  • Hot Water Heating System
  • Dining Area

About This Home

As of November 2017

Subject to Court Approval of Sale. This is a Bankruptcy Property being sold in its present AS IS, WHERE IS condition. Seller will not participate in any inspections or make any repairs. Any offers will have to go before the Bankruptcy Court for final approval. Please allow adequate time for approval.

Last Agent to Sell the Property

Shelly Pattison

RE/MAX Advantage License #6501250397 Listed on: 08/16/2017

RE/MAX Advantage

Last Buyer's Agent

Jake Pattison

RE/MAX Advantage

RE/MAX Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,550

Year Built

  • Built in 1968

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 110x167

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,160 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Living Room
  • Dining Area
  • Recreation Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Well
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,550

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1968
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 110x167
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1160.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 1550.0
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • General Property Info:Fireplace: Yes
  • Heat Type:Hot Water: Yes
  • General Property Info:SqFt Above Grade: 1160.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1160.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Basement Full Baths: 1
  • Basement Rooms:Total Basement SQFT: 1160.0

Exterior Features

  • Construction Materials: Brick
  • List Price: 82000.0
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Garage: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Heating: Hot Water
  • 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: 18295.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1550.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2022
Sold by
Farmer David L and Farmer Marilyn K
Bought by
Farmer David L and Farmer Mary
Current Estimated Value
$241,534

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
Outstanding Balance
$96,195
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$155,484

Purchase Details

Listed on
Aug 16, 2017
Closed on
Nov 8, 2017
Sold by
Tibble Thomas R and The Estate Of Michael L Korabi
Bought by
Doubblestein Lance A and Doubblestein Marilyn K
Seller's Agent
Shelly Pattison
RE/MAX Advantage
Buyer's Agent
Jake Pattison
RE/MAX Advantage
List Price
$82,000
Sold Price
$82,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.57%
Original Mortgage
$73,800
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 1989
Sold by
Chirstner Earl and Chirstner Lois
Bought by
Michael and Margaret Korabik
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
Farmer David L $182,000 Lievois Daniel P
Doubblestein Lance A $82,000 None Available
Michael $64,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farmer David L $100,000
Previous Owner Doubblestein Lance A $73,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2017 11/08/17 Sold $82,000 0.0% $71 / Sq Ft
08/18/2017 08/18/17 Pending -- -- --
08/16/2017 08/16/17 For Sale $82,000 -- $71 / 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 $3,336 $94,700 $11,200 $83,500
2024 $1,845 $92,600 $11,200 $81,400
2023 $2,113 $79,800 $11,200 $68,600
2022 $1,845 $67,700 $11,500 $56,200
2021 $1,742 $65,300 $11,200 $54,100
2020 $1,724 $57,800 $9,800 $48,000
2019 $1,666 $52,500 $6,700 $45,800
2018 $1,863 $58,900 $6,600 $52,300
2017 $0 $54,700 $6,200 $48,500
2016 $0 $50,100 $6,200 $43,900
2015 -- $50,100 $6,200 $43,900
2014 $1,445 $48,700 $5,200 $43,500
2013 $1,445 $45,800 $6,100 $39,700
Source: Public Records

Agents Affiliated with this Home

  • Shelly Pattison

    Seller's Agent in 2017

    Shelly Pattison

    RE/MAX Michigan

    (269) 217-4825

    8 in this area

    362 Total Sales

    Section Image

  • J

    Buyer's Agent in 2017

    Jake Pattison

    RE/MAX Michigan

    (269) 270-6965

    2 in this area

    190 Total Sales

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17041546

Southwestern Michigan Association of REALTORS®

APN: 17-580-010-00

Michigan Allegan County Otsego 49078

1640 Elm St, Otsego, MI

This home is located at 1640 Elm St, Otsego, MI 49078 since 16 August 2017 and is currently estimated at $241,534, approximately $208 per square foot. This property was built in 1968. 1640 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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