NOT LISTED FOR SALE

222 N Wilmott St Otsego, MI 49078

Estimated Value: $170,000 - $206,000

3 Beds
2 Baths
1,083 Sq Ft
$172/Sq Ft Est. Value

Last Sold May 11, 2017

Last sale price $24,000 $22 Per Sq Ft

Est. 677% increase in value since last sale

Current estimated payment $1,187/month

131 Days on Market

Highlights

  • Recreation Room
  • Living Room
  • Dining Area
  • 1 Car Detached Garage
  • Forced Air Heating System
  • Wood Siding

About This Home

As of May 2017

3 bedroom home with much potential. Buyer to verify taxes and homestead status, assume any and all assessments as figures/status may change from when the listing is printed. THIS PROPERTY IS ELIGIBLE UNDER THE FREDDIE MAC FIRST LOOK INITIATIVE THROUGH JANUARY 3, 2017. Offers from owner occupants as primary residence, non-profits, NSP grantees and community development organizations are eligible for the Freddie Mac First Look Initiative and will be considered, other offers must wait till after initiative expires. Attached Owner Occupant affidavit must be signed by buyer and selling agent. Buyer must sign attached Hold Harmless form, and submit to Listing Agent to get showing authorization. Price and data for this listing reflect 2 parcel numbers. Also includes parcel #54-500-016-50. See attached Tax Records for details on both parcels. We recommend a professional survey to confirm lot dimensions of the 2 parcels together.

Last Agent to Sell the Property

Jim Wiersma

Coldwell Banker Woodland Schmidt License #6506043979 Listed on: 12/15/2016

Coldwell Banker Woodland Schmidt

Co-Listed By

Bernie Merkle

Coldwell Banker Woodland Schmidt License #6506041602

Last Buyer's Agent

Michael Hussar

RE/MAX Advantage

RE/MAX Advantage

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 82x124x22x66x50x66x10x124

Parking

  • 1 Car Detached Garage

Home Design

  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,083 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Area
  • Recreation Room
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Basement

  • Michigan Basement
  • Crawl Space

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Other
  • Stories: 2
  • Year Built: 1900
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 82x124x22x66x50x66x10x124
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1083.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 2084.0
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Substructure:Michigan Basement: Yes
  • Substructure:Crawl Space: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1083.0
  • General Property Info Garage YN: Yes
  • Special Features: 5120
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Crawl Space, Michigan Basement
  • LivingArea: 1083.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 416.0

Exterior Features

  • Construction Materials: Block, Vinyl Siding, Wood Siding, Other
  • List Price: 31900.0
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.31
  • Lot Size Area: 0.31
  • Lot Dimensions: 82x124x22x66x50x66x10x124
  • Lot Size Sq Ft: 13503.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2084.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2016
Closed on
May 11, 2017
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Irey Marilyn Jean
Seller's Agent
Jim Wiersma
Coldwell Banker Woodland Schmidt
Buyer's Agent
Michael Hussar
RE/MAX Advantage
List Price
$49,900
Sold Price
$24,000
Premium/Discount to List
-$25,900
-51.9%
Current Estimated Value
$186,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,552
Avg. Annual Appreciation
28.15%

Purchase Details

Closed on
Apr 19, 2016
Sold by
Ditech Financial Llc
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Mar 17, 2016
Sold by
Fillmore Connie S
Bought by
Ditech Financial Llc

Purchase Details

Closed on
Mar 17, 2012
Sold by
Fillmore Connie S
Bought by
Rice Kelly J

Purchase Details

Closed on
Jan 13, 2006
Sold by
Rice Kelly J and Rice Janet M
Bought by
Fillmore Connie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
6.42%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 12, 1996

Purchase Details

Closed on
Jul 27, 1983
Source: Public Records

Range of Values:

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Average Value
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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
Irey Marilyn Jean -- Attorney
Federal Home Loan Mortgage Corp -- None Available
Ditech Financial Llc $21,000 Attorney
Rice Kelly J -- None Available
Fillmore Connie S $78,750 Trans
-- $60,000 --
-- $27,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fillmore Connie S $72,000
Previous Owner Fillmore Connie S $18,000
Previous Owner Fillmore Connie S $63,000
Previous Owner Fillmore Connie S $15,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2017 05/11/17 Sold $24,000 -51.9% $22 / Sq Ft
04/25/2017 04/25/17 Pending -- -- --
12/15/2016 12/15/16 For Sale $49,900 -- $46 / 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 $1,878 $71,500 $9,100 $62,400
2024 $1,618 $62,100 $5,500 $56,600
2023 $1,747 $55,000 $5,200 $49,800
2022 $1,618 $49,400 $5,200 $44,200
2021 $1,599 $46,600 $5,200 $41,400
2020 $1,578 $40,100 $5,200 $34,900
2019 $1,551 $33,500 $5,200 $28,300
2018 $1,518 $24,500 $5,200 $19,300
2017 $0 $35,000 $7,800 $27,200
2016 $0 $35,000 $7,800 $27,200
2015 -- $35,000 $7,800 $27,200
2014 $1,423 $33,600 $11,000 $22,600
2013 $1,423 $31,700 $11,100 $20,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16060236

Southwestern Michigan Association of REALTORS®

APN: 54-101-010-80