NOT LISTED FOR SALE

2048 Covault Ln Otsego, MI 49078

Estimated Value: $332,000 - $401,530

3 Beds
2.5 Baths
2,816 Sq Ft
$133/Sq Ft Est. Value

Last Sold December 15, 2023

Last sale price $380,000 $135 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,260/month

21 Days on Market

Highlights

  • Waterfront
  • 2 Fireplaces
  • 2 Car Attached Garage
  • Pole Barn
  • Sun or Florida Room
  • Patio

About This Home

As of December 2023

Welcome home! This fantastic property is hitting the market for the very first time and it is a site to see! Featuring plenty of room on the inside with 3 bedrooms, 2 1/2 bathrooms, large kitchen, dining room, family room and living room areas are just the start to this great home. Sit and enjoy the sound of the river on the three seasons porch with a beautiful view, have a get together in the finished basement, or head outside to your 6.9 acres and enjoy all nature has to offer with river access for fishing and bird watching or start a project in your 3 stall pole barn (1600sqft) with electricity, while you keep your tools in the shed (512sqft). The potential for this home with a little TLC is endless! Call today to schedule a showing to see it for yourself!

Last Listed By

Katelyn Steele

Jaqua, REALTORS License #6501411609 Listed on: 10/25/2023

Jaqua, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,295

Year Built

  • Built in 1974

Lot Details

  • 6.93 Acre Lot
  • Lot Dimensions are 438 x 688.70
  • Waterfront
  • Property fronts a private road

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1-Story Property
  • 2 Fireplaces
  • Sun or Florida Room
  • Water Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Trash Compactor

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Laundry in Bathroom
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Laundry in Basement
  • Crawl Space

Outdoor Features

  • Water Access
  • Patio
  • Pole Barn
  • Shed
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,295

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 1
  • Year Built: 1974
  • ResoPropertyType: Residential
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Microwave: Yes
  • Architectural Style:Ranch: Yes
  • Other Structures:Pole Barn: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Trash Compactor, Washer
  • Fireplace: Yes
  • Fireplaces: 2
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Crawl Space, Full, Walk-Out Access
  • LivingArea: 2816.0
  • Basement Rooms:Basement Full Baths: 1
  • Basement Rooms:Basement Finished SQFT: 960.0
  • Basement Rooms:Total Basement SQFT: 1856.0
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Trash Compactor: Yes
  • Laundry Features:In Bathroom: Yes
  • Below Grade Sq Ft: 960.0

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • Exterior Features: 3 Season Room
  • List Price: 455000.0
  • Other Structures: Shed(s), Pole Barn
  • Patio and Porch Features: Patio
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Roof: Composition
  • Water Body Name: Kalamazoo River
  • Waterfront Features: River
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No
  • Patio And Porch Features:Patio: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: In Basement, In Bathroom
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Association/Amenities

  • Water Fea Amenities:Public Access 1 Mile or Less: Yes
  • Water Fea Amenities:View: Yes

Lot Info

  • Lot Size Acres: 6.93
  • Lot Size Area: 6.93
  • Lot Dimensions: 438 x 688.70
  • Lot Size Sq Ft: 301653.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2294.56
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2023
Closed on
Jan 28, 2024
Sold by
Kehoe Thomas D and Kehoe Holly A
Bought by
Thomas D Kehoe Jr And Holly A Devillez-Kehoe and Kehoe
Seller's Agent
Katelyn Steele
Jaqua, REALTORS
Buyer's Agent
Larry Lamble
Berkshire Hathaway HomeServices MI
List Price
$455,000
Sold Price
$380,000
Premium/Discount to List
-$75,000
-16.48%
Total Days on Market
21
Views
46
Current Estimated Value
$373,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,867
Avg. Annual Appreciation
2.94%

Purchase Details

Closed on
Jul 24, 2008
Sold by
Covault Clyde and Covault Monna L
Bought by
Conner Cherry C

Purchase Details

Closed on
Oct 2, 2007
Sold by
Castaneda Juan L and Castaneda Deborah S
Bought by
Vandenberg Abby L and Vandenberg Bradley D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,250
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 2005
Sold by
Covault Clyde C and Covault Monna L
Bought by
Bronson Mark J and Bronson Cheryl L

Purchase Details

Closed on
Oct 22, 2003
Sold by
Covault Clyde C and Covault Monna L
Bought by
Sweet Craig and Sweet Marcey L

Purchase Details

Closed on
Oct 17, 2003
Sold by
Covault Clyde C and Covault Monna L
Bought by
Castaneda Juan L and Castaneda Deborah S

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
Thomas D Kehoe Jr And Holly A Devillez-Kehoe -- None Listed On Document
Conner Cherry C $9,996 None Available
Vandenberg Abby L $20,000 Chicago Title
Bronson Mark J $44,522 Devon
Sweet Craig $11,000 Devon
Castaneda Juan L $11,000 Devon
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vandenberg Abby L $128,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Sold $380,000 -16.5% $135 / Sq Ft
11/15/2023 11/15/23 Pending -- -- --
10/25/2023 10/25/23 For Sale $455,000 -- $162 / 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
2024 $2,295 $150,800 $22,200 $128,600
2023 $2,336 $127,700 $21,500 $106,200
2022 $2,295 $116,600 $20,400 $96,200
2021 $2,168 $113,300 $21,100 $92,200
2020 $2,140 $109,200 $22,000 $87,200
2019 $2,070 $97,000 $17,000 $80,000
2018 $2,026 $95,000 $16,200 $78,800
2017 $0 $86,600 $9,500 $77,100
2016 $0 $76,100 $9,500 $66,600
2015 -- $76,100 $9,500 $66,600
2014 $1,608 $73,000 $10,500 $62,500
2013 $1,608 $61,300 $13,000 $48,300
Source: Public Records

Agents Affiliated with this Home

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Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23139644

Southwestern Michigan Association of REALTORS®

APN: 17-020-002-00