NOT LISTED FOR SALE

Estimated Value: $173,000 - $216,000

-- Bed
2 Baths
1,620 Sq Ft
$121/Sq Ft Est. Value

Last Sold September 15, 2022

Last sale price $175,000 $108 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,305/month

4 Days on Market

About This Home

As of September 2022

Otsego Schools Duplex! This Ranch duplex on a quiet street in Otsego is perfect for owner occupancy! Two bedrooms, kitchen, living room and bath, plus laundry room.
Total square footage is 1600 square feet.
Units include stove, refrigerator, washer and dryer. Within walking distance to downtown and schools! Reserved Items: Plastic shed behind 213.

Last Listed By

Gary Sausaman

Berkshire Hathaway HomeServices MI License #6501375657 Listed on: 08/19/2022

Berkshire Hathaway HomeServices MI

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,578

Year Built

  • Built in 1979

Lot Details

  • 9,888 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • No Cooling
  • Forced Air Heating System
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, water, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,578

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab

Exterior Features

  • List Price: 185000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected, Telephone Line, Public Water, Public Sewer, Broadband

Lot Info

  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Size Sq Ft: 9888.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2578.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2022
Closed on
Sep 15, 2022
Sold by
Sanchez David M
Bought by
Will Childs Llc
Seller's Agent
Gary Sausaman
Berkshire Hathaway HomeServices MI
Buyer's Agent
Gary Sausaman
Berkshire Hathaway HomeServices MI
List Price
$185,000
Sold Price
$175,000
Premium/Discount to List
-$10,000
-5.41%
Total Days on Market
4
Views
12
Current Estimated Value
$196,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,234
Avg. Annual Appreciation
6.52%

Purchase Details

Closed on
Feb 5, 2013
Sold by
Sanchez David M and Sanchez Lesa M
Bought by
Sanchez David M and Sanchez Lesa M

Purchase Details

Closed on
Mar 25, 2010
Sold by
Sanchez David M and Sanchez Lesa
Bought by
Sanchez David M and Sanchez Lesa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 1996

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Will Childs Llc $175,000 Title Resource Agency
Sanchez David M -- None Available
Sanchez David M -- Devon Title Agency
Sanchez David M $85,000 Devon Title Agency
-- $82,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sanchez David M $63,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2022 09/15/22 Sold $175,000 -5.4% $108 / Sq Ft
08/23/2022 08/23/22 Pending -- -- --
08/19/2022 08/19/22 For Sale $185,000 -- $114 / 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 $2,605 $82,900 $10,300 $72,600
2023 $3,558 $73,100 $9,700 $63,400
2022 $2,605 $49,600 $9,700 $39,900
2021 $2,578 $46,800 $9,700 $37,100
2020 $2,547 $44,600 $9,700 $34,900
2019 $2,509 $40,700 $9,700 $31,000
2018 $2,460 $42,700 $9,700 $33,000
2017 $0 $40,700 $10,000 $30,700
2016 $0 $37,000 $7,100 $29,900
2015 -- $37,000 $7,100 $29,900
2014 $2,702 $38,100 $11,800 $26,300
2013 $2,702 $36,000 $10,000 $26,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22035876

Southwestern Michigan Association of REALTORS®

APN: 54-320-103-10