NOT LISTED FOR SALE

221 E Franklin St Otsego, MI 49078

Estimated Value: $170,611 - $195,000

3 Beds
1 Bath
1,504 Sq Ft
$121/Sq Ft Est. Value

Last Sold November 21, 2014

Last sale price $47,500 $32 Per Sq Ft

Est. 282% increase in value since last sale

Current estimated payment $1,056/month

24 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Den
  • Otsego High School Rated 9+
  • Sun or Florida Room
  • Porch

About This Home

As of November 2014

Solid, older 3-bedroom home in a nice area within walking distance of downtown Otsego. Very large living room leads into a nice den/study/library. Features both a dining area adjacent to the kitchen and a formal dining room. Both second floor bedrooms have original wood floors, and the master bedroom features built-in desks and storage. Spacious 3-season room overlooking the back yard. This home is being sold as-is. 3-season room porch needs repair/replacement. Seller will not do any repairs, and price reflects such.

Last Agent to Sell the Property

Ryan Kruithoff

West Edge Real Estate LLC License #6501309062 Listed on: 09/26/2014

West Edge Real Estate LLC

Co-Listed By

Richard Carriere

West Edge Real Estate LLC License #6501363126

Last Buyer's Agent

Lisa Faber

Chuck Jaqua, REALTOR License #6501279549

Chuck Jaqua, REALTOR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $935

Year Built

  • Built in 1920

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 55 x 132
  • Shrub
  • Level Lot
  • Property is zoned R-B, R-B

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1,504 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Dining Room
  • Den
  • Sun or Florida Room
  • Partial Basement
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Shed
  • Storage Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Internet Available
  • Phone Connected
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$935

Year Built

Built in 1920

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1920
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 33.18
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 55 x 132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1504.0
  • Tax Info:Annual Property Tax: 935.0
  • Tax Info:Zoning3: R-B
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Substructure:Partial: Yes
  • Lot Description:Level: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • General Property Info:Fireplace: No
  • Utilities Attached:Telephone Line: Yes
  • Substructure:Slab: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Window Treatments: Yes
  • General Property Info:SqFt Above Grade: 1504.0
  • General Property Info Garage YN: No
  • Architectural Style:Traditional: Yes
  • Flooring:Wood Floor: Yes
  • Flooring:Ceramic Floor: Yes
  • Other Structures:Storage Shed: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range, Refrigerator
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Partial, Slab
  • LivingArea: 1504.0
  • Window Features: Window Treatments
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 840.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • Exterior Features: 3 Season Room
  • List Price: 49900.0
  • Lot Features: Level, Sidewalk
  • Other Structures: Shed(s)
  • Patio and Porch Features: Porch(es)
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Features 3 Season Room: Yes
  • Patio and Porch Features:Porch(es): Yes

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Cable Connected, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Dimensions: 55 x 132
  • Lot Size Sq Ft: 7405.0
  • Zoning Description: R-B
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 935.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2014
Closed on
Nov 21, 2014
Sold by
Peck Audrey
Bought by
Kalleward Robert and Kalleward Tina
Seller's Agent
Ryan Kruithoff
West Edge Real Estate LLC
Buyer's Agent
Lisa Faber
Chuck Jaqua, REALTOR
List Price
$59,900
Sold Price
$47,500
Premium/Discount to List
-$12,400
-20.7%
Current Estimated Value
$181,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,903
Avg. Annual Appreciation
12.59%
Original Mortgage
$38,000
Outstanding Balance
$21,148
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$160,255

Purchase Details

Closed on
Sep 20, 2013
Sold by
Peck Audrey
Bought by
Scott Diane Ila and Coombs Denise E
Source: Public Records
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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
Kalleward Robert $47,500 Devon
Scott Diane Ila -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kalleward Robert $38,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2014 11/21/14 Sold $47,500 -20.7% $32 / Sq Ft
10/20/2014 10/20/14 Pending -- -- --
09/26/2014 09/26/14 For Sale $59,900 -- $40 / Sq Ft
Source: MichRIC

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 $1,480 $74,300 $8,000 $66,300
2024 $1,269 $66,400 $4,800 $61,600
2023 $1,412 $58,600 $4,500 $54,100
2022 $1,269 $48,600 $4,500 $44,100
2021 $1,265 $45,000 $4,500 $40,500
2020 $1,247 $44,600 $4,500 $40,100
2019 $1,213 $37,500 $4,500 $33,000
2018 $1,182 $34,400 $4,500 $29,900
2017 $0 $29,200 $5,200 $24,000
2016 $0 $26,200 $3,900 $22,300
2015 -- $26,200 $3,900 $22,300
2014 $1,173 $25,200 $7,200 $18,000
2013 $1,173 $23,400 $5,900 $17,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 14036191

MichRIC

APN: 54-107-082-50

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