NOT LISTED FOR SALE

1775 Ariel Dr Unit 5 Otsego, MI 49078

Estimated Value: $306,563 - $416,000

3 Beds
2 Baths
2,943 Sq Ft
$120/Sq Ft Est. Value

Last Sold May 06, 2019

Last sale price $195,000 $66 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $2,188/month

4 Days on Market

Highlights

  • Deck
  • Recreation Room
  • 2 Car Attached Garage
  • Otsego High School Rated 9+
  • Cul-De-Sac
  • Living Room

About This Home

As of May 2019

Welcome to this ranch style home, built in 2002, situated on a private cul de sac in the Otsego School District. this 1458 sf home offers a Master Bedroom with Master Bath , 2 additional bedrooms and full bath, kitchen, dining area, Main Floor laundry, living room with sliding doors leading to the back deck. Enter downstairs into the basement to a finished basement with Bar, perfect for a game room and/or family room. This home has had numerous updates new kitchen ,flooring ,paint , bathrooms ,lighting and more. Its a must see !

Last Agent to Sell the Property

Tammy Waller

Location Realty License #6502369515 Listed on: 03/29/2019

Last Buyer's Agent

Mary Noneman

Five Star Real Estate License #6501407756

Five Star Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,345

Year Built

  • Built in 2002

Lot Details

  • 0.56 Acre Lot
  • Lot Dimensions are 89.66x196.71 x 73.12x35.74
  • Cul-De-Sac

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Recreation Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling 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

Est. Annual Taxes

$3,345

Year Built

Built in 2002

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: 2002
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 89.66X196.71 X 73.12X35.74
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2943.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 3345.48
  • Tax Info:Zoning3: Res
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Natural Gas: Yes
  • Lot Description:Cul-De-Sac: Yes
  • Additional Items:Ceiling Fans: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1485.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Range
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 2943.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Basement Finished SQFT: 1458.0
  • Basement Rooms:Total Basement SQFT: 1485.0
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Below Grade Sq Ft: 1458.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 195000.0
  • Lot Features: Cul-De-Sac
  • Patio and Porch Features: Deck
  • Road Surface Type: Paved
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Natural Gas Available, Electricity Available, Natural Gas Connected
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 0.56
  • Lot Size Area: 0.56
  • Lot Dimensions: 89.66X196.71 X 73.12X35.74
  • Lot Size Sq Ft: 24394.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3345.48
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2019
Closed on
May 6, 2019
Sold by
Fannie Mae
Bought by
Kilbourn Roy and Kilbourn Tonja
Seller's Agent
Tammy Waller
Location Realty
Buyer's Agent
Mary Noneman
Five Star Real Estate
List Price
$195,000
Sold Price
$195,000
Current Estimated Value
$353,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,141
Avg. Annual Appreciation
9.66%
Original Mortgage
$185,250
Outstanding Balance
$162,207
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$190,934

Purchase Details

Closed on
Aug 25, 2016
Sold by
Hardy Kerry
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 30, 2002
Sold by
Dutton David P and Dutton Jacquelin L
Bought by
Stein Lawrence N and Stein Patricia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,000
Interest Rate
7%
Mortgage Type
Seller Take Back
Source: Public Records

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
Kilbourn Roy $195,000 First Title & Escrow Inc
Federal National Mortgage Association $82,902 Attorney
Stein Lawrence N $21,500 Devon Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kilbourn Roy $185,250
Previous Owner Stein Lawrence N $8,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2019 05/06/19 Sold $195,000 0.0% $66 / Sq Ft
04/02/2019 04/02/19 Pending -- -- --
03/29/2019 03/29/19 For Sale $195,000 -- $66 / 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 $3,785 $133,100 $10,000 $123,100
2024 $3,097 $129,500 $9,500 $120,000
2023 $3,153 $109,900 $9,500 $100,400
2022 $3,097 $104,600 $10,300 $94,300
2021 $2,930 $103,200 $10,000 $93,200
2020 $2,888 $92,600 $8,800 $83,800
2019 $2,206 $85,500 $6,000 $79,500
2018 $3,427 $80,800 $6,000 $74,800
2017 -- $74,900 $5,500 $69,400
2016 -- $67,500 $5,500 $62,000
2015 -- $67,500 $5,500 $62,000
2014 $2,053 $76,100 $5,500 $70,600
2013 $2,053 $74,500 $6,300 $68,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19011666

Southwestern Michigan Association of REALTORS®

APN: 17-110-005-00