NOT LISTED FOR SALE

223 E Orleans St Otsego, MI 49078

Otsego Area

Estimated Value: $230,000 - $298,000

Studio
4 Baths
3,155 Sq Ft
$86/Sq Ft Est. Value

Sale Details

Date Sold: May 18, 2012

Last sale price $30,000 $10 Per Sq Ft

Est. 808% increase in value since last sale

Current estimated payment $1,739 / mo

23 Days on Market

About This Home

As of May 2012

This is a Fannie Mae/Homepath property. Check it out! This is a four unit in Otsego for under $35k! It does need work, but a 203k loan might work great! There are a total of 7 bedrooms and 4.5 bathrooms and over 3000 in living square footage! This could be a great project and/or addition to your rental porfolio (after the 15 day First Look period for owner occupants)! To learn more about these properties, google aresmi.com and then call for your showing!

Last Agent to Sell the Property

Gail Mitchell

Advanced Real Estate Services Listed on: 04/11/2012

Co-Listed By

Sharon McFellin

Advanced Real Estate Services License #6501280005

Last Buyer's Agent

Nick Breedveld

Jaqua, REALTORS License #6501322081

Jaqua, REALTORS

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Apartment

Year Built

  • Built in 1902

Lot Details

  • 13,504 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Metal Roof

Utilities

  • Forced Air Heating System
  • Natural Gas Connected

Property Details

Home Type

Apartment

Year Built

Built in 1902

Lot Details

0.31 Acres

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1902
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 33600.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition, Metal

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.31
  • Lot Size Area: 0.31
  • Lot Size Sq Ft: 13504.0

Tax Info

  • Tax Annual Amount: 2236.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2012
Closed on
May 16, 2012
Sold by
Fannie Mae
Bought by
Seller's Agent
Gail Mitchell
Advanced Real Estate Services
Buyer's Agent
Nick Breedveld
Jaqua, REALTORS
List Price
$33,600
Sold Price
$30,000
Premium/Discount to List
-$3,600
-10.71%
Current Estimated Value
$272,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,507
Avg. Annual Appreciation
16.71%

Purchase Details

Closed on
May 23, 2011
Sold by
Bac Home Loans Servicing Lp
Bought by
Fannie Mae

Purchase Details

Closed on
Dec 16, 2010
Sold by
Laning Peter
Bought by
Bac Home Loans Servicing Lp

Purchase Details

Closed on
May 12, 2004
Sold by
Cinmar Unlimited Llc
Bought by
Laning Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,500
Interest Rate
8.27%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 4, 2002
Sold by
Powers Robert and Powers Brenda
Bought by
Adams Larry Dale and Adams Deborah M

Purchase Details

Closed on
Dec 3, 2002
Sold by
Bruinsma Thomas A and Adams Larry Dale
Bought by
Cinmar Unlimited Llc
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Otsego, MI

  • Crystal Halstead Real Estate Agent - Khoury Real Estate

    Crystal Halstead

    Khoury Real Estate

    (269) 443-1261

    99 Total Sales

    7 in Otsego

    $150K - $275K Price Range

    Crystal Halstead
     Section Image
  • Randy Blankenship Real Estate Agent - Real Broker LLC

    Randy Blankenship

    Real Broker LLC

    (269) 775-4626

    193 Total Sales

    2 in Otsego

    $225K - $335K Price Range

    Randy Blankenship
     Section Image
  • Troy D. McKenney Real Estate Agent - Five Star Real Estate

    Troy D. McKenney

    Five Star Real Estate

    (269) 895-6730

    98 Total Sales

    3 in Otsego

    $181K - $270K Price Range

    Troy D. McKenney
     Section Image
  • Melissa Steenwyk Real Estate Agent - Indigo Key Realty

    Melissa Steenwyk

    Indigo Key Realty

    (616) 344-9457

    71 Total Sales

    1 in Otsego

    $450,000 Price

    Melissa Steenwyk
     Section Image
  • Mark Brace Real Estate Agent - Berkshire Hathaway HomeServices Michigan Real Estate (Main)

    Mark Brace

    Berkshire Hathaway HomeServices Michigan Real Estate (Main)

    (269) 430-2613

    792 Total Sales

    1 in Otsego

    $130,000 Price

    Mark Brace
     Section Image
  • Claire Ritter Real Estate Agent - Five Star Real Estate

    Claire Ritter

    Five Star Real Estate

    (616) 816-5169

    70 Total Sales

    1 in Otsego

    $205,000 Price

    Claire Ritter
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$30,000 Attorneys Title Agency Llc
Fannie Mae -- None Available
Bac Home Loans Servicing Lp $128,996 None Available
Laning Peter $130,000 Chicago Title
Adams Larry Dale $47,950 --
Cinmar Unlimited Llc -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $110,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/18/2012 05/18/12 Sold $30,000 -10.7% $10 / Sq Ft
05/04/2012 05/04/12 Pending -- -- --
04/11/2012 04/11/12 For Sale $33,600 -- $11 / Sq Ft
Source: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,517 $130,500 $13,900 $116,600
2025 $3,432 $121,800 $12,400 $109,400
2024 $2,964 $106,900 $7,500 $99,400
2023 $3,196 $90,900 $7,100 $83,800
2022 $2,964 $80,800 $7,100 $73,700
2021 $2,930 $74,700 $7,100 $67,600
2020 $2,892 $74,000 $7,100 $66,900
2019 $2,844 $63,400 $7,100 $56,300
2018 $2,784 $58,400 $7,100 $51,300
2017 $0 $49,700 $7,700 $42,000
2016 $0 $46,400 $5,600 $40,800
2015 -- $46,400 $5,600 $40,800
2014 $3,565 $43,400 $9,800 $33,600
2013 $3,565 $41,300 $8,100 $33,200
Source: Public Records

Agents Affiliated with this Home

  • GM

    Seller's Agent in 2012

    Gail Mitchell

    Advanced Real Estate Services

  • SM

    Seller Co-Listing Agent in 2012

    Sharon McFellin

    Advanced Real Estate Services

  • Nick Breedveld Real Estate Agent - Jaqua, REALTORS

    Buyer's Agent in 2012

    Nick Breedveld

    Jaqua, REALTORS

    (269) 685-6858

    36 Total Sales

    Nick Breedveld
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Map

Source: MichRIC

MLS Number: 12019279

MichRIC

APN: 54-104-036-00

Michigan Allegan County Otsego 49078

223 E Orleans St, Otsego, MI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MichRIC Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.

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