NOT LISTED FOR SALE

182 S 16th St Otsego, MI 49078

Estimated Value: $258,000 - $291,000

3 Beds
1 Bath
1,700 Sq Ft
$165/Sq Ft Est. Value

Last Sold February 29, 2012

Last sale price $38,000 $22 Per Sq Ft

Est. 640% increase in value since last sale

Current estimated payment $1,795/month

167 Days on Market

Highlights

  • Barn
  • 3.96 Acre Lot
  • Wood Flooring
  • Otsego High School Rated 9+
  • Deck
  • 2 Car Attached Garage

About This Home

As of February 2012

Country setting yet close to town for this 3 bedroom ranch on 4 acres. Interior features good sized kitchen, family room overlooking back yard, living room, 3 bedrooms and full bath. Exterior features large deck off kitchen, pole barn and approximately 4 acres. This property is now under auction terms. Presale offers should be submitted through Bid Now at www.hudsonandmarshall.com. Commission paid at escrow on auction properties is 1% ($400 minimum) to the cooperating broker. There is not a set minimum starting bid. All auctioned properties are subject to a 5% buyer's premium and are subject to a reserve price. Contact listing agent for details.

Last Agent to Sell the Property

Jon Kneepkens

Berkshire Hathaway HomeServices MI License #6501314567 Listed on: 09/15/2011

Berkshire Hathaway HomeServices MI

Last Buyer's Agent

Agent Out Of Area

Out of Area Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 3.96

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,700 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Crawl Space
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

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

Additional Features

  • Deck
  • 3.96 Acre Lot
  • Barn

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1951
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: Irregular
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1700.0
  • General Property Info:Design: Ranch
  • Tax Info:Annual Property Tax: 1807.0
  • Roofing:Composition: Yes
  • Garage Type Attached: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • General Property Info:Fireplace: No
  • Additional Items:Wood Floor: Yes
  • Substructure:Crawl Space: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Outbuildings:Barn: Yes
  • General Property Info:SqFt Above Grade: 1700.0
  • Special Features: 5120
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Wood Floor, Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Crawl Space
  • LivingArea: 1700.0
  • General Property Info:Stories2: 1.0
  • Kitchen Features:Eating Area: Yes

Exterior Features

  • Construction Materials: Vinyl Siding, Brick
  • Exterior Features: Deck(s)
  • List Price: 36400.0
  • Other Structures: Barn(s)
  • Road Surface Type: Paved
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Driveway Paved: Yes
  • Exterior Features:Deck(s): Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached, Paved
  • Garage:Garage2: Yes
  • Garage Type:_two_: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Septic System
  • Utilities: Natural Gas Available, Electric Available
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 3.96
  • Lot Size Area: 3.96
  • Lot Dimensions: Irregular
  • Lot Size Sq Ft: 172498.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1807.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2011
Closed on
Feb 27, 2012
Sold by
The Bank Of New York Mellon
Bought by
Hueschen Micheal Gordon
Seller's Agent
Jon Kneepkens
Berkshire Hathaway HomeServices MI
Buyer's Agent
Agent Out Of Area
Out of Area Office
List Price
$59,000
Sold Price
$38,000
Premium/Discount to List
-$21,000
-35.59%
Current Estimated Value
$281,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,240
Avg. Annual Appreciation
15.79%

Purchase Details

Closed on
Feb 4, 2010
Sold by
Goldsmith Douglas S
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Jul 14, 2006
Sold by
Hatten Lois J and Lois J Hatten Revocable Living
Bought by
Goldsmith Douglas S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,650
Interest Rate
10%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 1993
Sold by
Hatten Charles W and Hatten Lois
Bought by
Collier Harry Aaron and Collier Carolyn

Purchase Details

Closed on
May 1, 1990
Bought by
James L"

Purchase Details

Closed on
Nov 1, 1989
Bought by
James and James Leona"
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
Hueschen Micheal Gordon $38,000 None Available
The Bank Of New York Mellon $40,050 None Available
Goldsmith Douglas S $134,900 Devon Title Agency
Collier Harry Aaron $3,500 --
James L" $57,500 --
James $2,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Goldsmith Douglas S $114,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/29/2012 02/29/12 Sold $38,000 -35.6% $22 / Sq Ft
02/29/2012 02/29/12 Pending -- -- --
09/15/2011 09/15/11 For Sale $59,000 -- $35 / 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 $3,702 $117,400 $19,300 $98,100
2024 $3,133 $103,700 $18,200 $85,500
2023 $3,169 $90,500 $18,200 $72,300
2022 $3,133 $81,800 $16,500 $65,300
2021 $2,984 $75,300 $15,200 $60,100
2020 $3,004 $72,300 $14,200 $58,100
2019 $2,912 $65,100 $12,600 $52,500
2018 $2,878 $67,100 $18,300 $48,800
2017 $0 $66,500 $15,000 $51,500
2016 $0 $59,400 $15,000 $44,400
2015 -- $59,400 $15,000 $44,400
2014 $1,797 $55,000 $15,100 $39,900
2013 $1,797 $54,200 $15,100 $39,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 11051224

Southwestern Michigan Association of REALTORS®

APN: 17-034-003-00