NOT LISTED FOR SALE

2045 Covault Ln Otsego, MI 49078

Estimated Value: $459,978 - $516,000

3 Beds
3 Baths
2,914 Sq Ft
$167/Sq Ft Est. Value

Last Sold April 14, 2015

Last sale price $305,000 $105 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,034/month

50 Days on Market

Highlights

  • 1.22 Acre Lot
  • Deck
  • Pole Barn
  • Otsego High School Rated 9+
  • Wooded Lot
  • Mud Room

About This Home

As of April 2015

Stunning 2914 sq.ft. custom home built specifically for this beautiful, private 1.22 acre lot on the Kalamazoo River. 200 ft. river frontage. the 1534 sq. ft. main floor offers an open floor plan and soaring windows that allow a peaceful river view from nearly every room.

The beautiful kitchen boasts custom built cherry cabinets, granite counter tops, and built in appliances. Huge drawers, pull-out shelving with a large built in pantry and second prep sink make this kitchen a gem.

Living room has a beautiful fieldstone gas fireplace accented with custom made cherry mantel and surrounded by custom made built in cherry bookshelves and storage cabinets. This open floor plan is made complete by 2 sets of sliding glass doors that open onto a massive dual level deck, perfect for entertaining and enjoying the peaceful surroundings.

Master suite has a huge walk in closet and opens to a private deck with a stunning view of the river.

Last Agent to Sell the Property

Joseph Murphy

Five Star Real Estate (Main) License #6501359487 Listed on: 01/12/2015

Co-Listed By

Russell Baker

Outshine Realty LLC License #6502379357

Last Buyer's Agent

Candace Dunham

Welcome Home Real Estate LLC License #6502375352

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,829

Year Built

  • Built in 2007

Lot Details

  • 1.22 Acre Lot
  • Lot Dimensions are 124x310x218x412
  • Property fronts a private road
  • Wooded Lot
  • Garden
  • Property is zoned residentail, residentail

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Unpaved Driveway

Home Design

  • Brick or Stone Mason
  • Composition Roof
  • Vinyl Siding
  • Stone

Interior Spaces

  • 2,914 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Low Emissivity Windows
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Mud Room
  • Living Room with Fireplace
  • Ceramic Tile Flooring
  • Basement Fills Entire Space Under The House
  • Storm Windows

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Accessible Home Design

  • Roll Under Sink
  • Doors are 36 inches wide or more
  • Accessible Approach with Ramp
  • Accessible Ramps

Outdoor Features

  • Deck
  • Pole Barn

Utilities

  • Humidifier
  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Heating System Powered By Leased Propane
  • Iron Water Filter
  • Water Filtration System
  • Well
  • Propane Water Heater
  • Water Softener is Owned
  • Septic System
  • Phone Available

Community Details

  • Association fees include snow removal

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,829

Year Built

Built in 2007

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Other
  • Stories: 1
  • Year Built: 2007
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 124x310x218x412
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2914.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 2829.0
  • Tax Info:Zoning3: residentail
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Water Heater:Propane2: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Util Avail at Street:Electric: Yes
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Windows:Insulated Windows: Yes
  • Windows:Low Emissivity Windows: Yes
  • Windows:Screens: Yes
  • General Property Info:Fireplace: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Additional Items:Humidifier: Yes
  • Landscape:Flower Garden: Yes
  • Windows:Storms: Yes
  • Appliances:Built in Oven: Yes
  • Additional Items:Iron Water FIlter: Yes
  • Additional Items:LP Tank Rented: Yes
  • Accessibility Feat:Ramped Entrance: Yes
  • General Property Info:SqFt Above Grade: 1534.0
  • General Property Info Garage YN: Yes
  • Accessibility Feat 36 Inch Entrance Door: Yes
  • Flooring:Ceramic Floor: Yes
  • Other Structures:Pole Barn: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built in Oven, Cooktop, Dryer, Microwave, Oven, Range, Refrigerator, Washer, Water Softener Owned
  • Accessibility Features: Ramped Entrance, 36 Inch Entrance Door, Accessible Bath Sink
  • Flooring: Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Humidifier, Iron Water FIlter, LP Tank Rented, Kitchen Island, Eat-in Kitchen
  • Fireplace Features: Gas Log, Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Main Level Bedrooms: 2
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • LivingArea: 2914.0
  • Window Features: Low-Emissivity Windows, Storms, Screens, Insulated Windows, Window Treatments
  • General Property Info:Stories2: 1.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Center Island: Yes
  • Kitchen Features:Mud Room Access: Yes
  • Fireplace:Gas Log: Yes
  • Fireplace:Living: Yes
  • Appliances:Cook Top: Yes
  • Appliances:Water Softener-Owned: Yes

Exterior Features

  • Construction Materials: Stone, Vinyl Siding
  • List Price: 324500.0
  • Lot Features: Wooded
  • Other Structures: Pole Barn
  • Patio and Porch Features: Deck
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: Yes
  • Exterior Material:Stone: Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes
  • 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: Phone Available, Electricity Available
  • Water Source: Well
  • Water Well: Yes

Condo/Co-op/Association

  • Association Fee: 150.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Info:Approx Assoc Fee2: 150.0
  • Association Info:Assoc Fee Payable: Annually

Fee Information

  • Association Fee Includes: Snow Removal

Lot Info

  • Lot Size Acres: 1.22
  • Lot Size Area: 1.22
  • Lot Dimensions: 124x310x218x412
  • Lot Size Sq Ft: 53143.0
  • Zoning Description: residentail
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2829.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2017
Sold by
Miller Orville Raymond and Miller Orville R
Bought by
Miller Orville Raymond and Fenstermaker Paula
Current Estimated Value
$487,745

Purchase Details

Listed on
Jan 12, 2015
Closed on
Apr 14, 2015
Sold by
Bronson Mark J and Bronson Cheryl L
Bought by
Miller Orville R and Fenstermaker Paula
Seller's Agent
Joseph Murphy
Five Star Real Estate (Main)
Buyer's Agent
Candace Dunham
Welcome Home Real Estate LLC
List Price
$324,500
Sold Price
$305,000
Premium/Discount to List
-$19,500
-6.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.57%
Original Mortgage
$244,000
Outstanding Balance
$187,767
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$299,978
Source: Public Records

Range of Values:

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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
Miller Orville Raymond -- None Available
Miller Orville R $305,000 Devon
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Orville R $244,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2015 04/14/15 Sold $305,000 -6.0% $105 / Sq Ft
03/03/2015 03/03/15 Pending -- -- --
01/12/2015 01/12/15 For Sale $324,500 -- $111 / 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 $5,221 $236,700 $12,000 $224,700
2024 $4,399 $207,400 $12,000 $195,400
2023 $4,479 $175,900 $11,100 $164,800
2022 $4,399 $159,200 $10,900 $148,300
2021 $4,167 $151,900 $10,200 $141,700
2020 $4,100 $144,600 $9,400 $135,200
2019 $3,977 $129,700 $7,300 $122,400
2018 $4,194 $149,500 $7,300 $142,200
2017 $0 $151,600 $5,200 $146,400
2016 $0 $131,500 $5,200 $126,300
2015 -- $131,500 $5,200 $126,300
2014 -- $123,600 $4,900 $118,700
2013 -- $96,600 $6,100 $90,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15001318

Southwestern Michigan Association of REALTORS®

APN: 17-020-002-60