NOT LISTED FOR SALE

229 E Hammond St Otsego, MI 49078

Estimated Value: $195,032 - $230,000

3 Beds
1 Bath
1,774 Sq Ft
$120/Sq Ft Est. Value

Last Sold July 18, 2016

Last sale price $120,000 $68 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,393/month

29 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • 2 Car Detached Garage
  • Fruit Trees
  • Mud Room
  • Living Room

About This Home

As of July 2016

Sweet Capecod in city on a quiet street. Home has some unique features. 9' ceilings w/beams in master bed & bedroom 2. Beams on living room ceiling too. Large living room, kitchen, dining and bathroom. Windows let in tons of light. Loft is waiting for your finishing touches. Could be a mancave or large kids play area. Four season room could be utilized as an office or playroom for the kids.House has a dry basement perfect for more storage. Extra large 2 stall garage will fit a 3rd car. Loft above garage creates more useable storage space.Some new carpet and fresh paint makes it move in ready! Here is an opportunity to live in a small town & experience all the pleasures of small town living. Walking & biking distance to all conveniences. Backyard fenced in. Only 11 miles from Kzoo

Last Agent to Sell the Property

Brenda Olger

Koval Properties, Inc. Listed on: 04/01/2016

Last Buyer's Agent

Kelly Kivell

Berkshire Hathaway HomeServices MI

Berkshire Hathaway HomeServices MI

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,587

Year Built

  • Built in 1932

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 66 x 165
  • Level Lot
  • Fruit Trees
  • Back Yard Fenced

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Cape Cod Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,774 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Replacement Windows
  • Insulated Windows
  • Mud Room
  • Living Room
  • Dining Area
  • Laminate Flooring
  • Laundry on main level

Kitchen

  • Range
  • Microwave
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Basement

  • Michigan Basement
  • Partial Basement

Outdoor Features

  • Deck
  • Play Equipment

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,587

Year Built

Built in 1932

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1932
  • ResoPropertyType: Residential
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Architectural Style Cape Cod: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Range, Refrigerator
  • Flooring: Laminate
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Pantry
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Michigan Basement, Partial
  • LivingArea: 1774.0
  • Window Features: Replacement, Insulated Windows
  • Basement Rooms:Total Basement SQFT: 550.0
  • Appliances Range: Yes
  • Kitchen Features:Mud Room Access: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Snack Bar: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: Play Equipment
  • Fencing: Fenced Back
  • List Price: 126900.0
  • Lot Features: Level, Sidewalk
  • Patio and Porch Features: Deck
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Features:Play Equipment: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Dimensions: 66 x 165
  • Lot Size Sq Ft: 10890.0
  • Zoning Description: R
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1586.97
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2016
Closed on
Jul 18, 2016
Sold by
Dewitt Collin and Dewitt Renea
Bought by
Loftis Damon T
Seller's Agent
Brenda Olger
Koval Properties, Inc.
Buyer's Agent
Kelly Kivell
Berkshire Hathaway HomeServices MI
List Price
$129,900
Sold Price
$120,000
Premium/Discount to List
-$9,900
-7.62%
Total Days on Market
29
Current Estimated Value
$213,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,508
Avg. Annual Appreciation
6.68%
Original Mortgage
$123,393
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 24, 2013
Closed on
Oct 30, 2013
Sold by
White Russell J and White Stephanie
Bought by
Dewitt Collin
Seller's Agent
Karen Gustafson
Berkshire Hathaway HomeServices MI
Buyer's Agent
Brenda Olger
Koval Properties, Inc.
List Price
$109,900
Sold Price
$109,500
Premium/Discount to List
-$400
-0.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.42%
Original Mortgage
$111,734
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2008
Sold by
Collum Michael Charles and Collum Charlotte J
Bought by
White Russell J and White James C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,933
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 2007
Sold by
Jp Morgan Chase Bank
Bought by
Homecomings Financial Llc and Homecomings Financial Networks Inc

Purchase Details

Closed on
Jun 15, 2006
Sold by
Thomson Constance D and Thomson David
Bought by
Jp Morgan Chase Bank

Purchase Details

Closed on
Apr 21, 1998
Sold by
Owens Michael K and Owens Constance D
Bought by
Thomson Constance D
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
Loftis Damon T $120,000 A S K Services Inc
Dewitt Collin $109,500 Ppr Title Agency
White Russell J $97,700 Devon Title Agency
Homecomings Financial Llc -- Multiple
Jp Morgan Chase Bank $68,000 None Available
Thomson Constance D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loftis Damon T $124,800
Closed Loftis Damon T $123,393
Previous Owner Dewitt Collin $111,734
Previous Owner White Russell J $96,933
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2016 07/18/16 Sold $120,000 -7.6% $68 / Sq Ft
04/30/2016 04/30/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $129,900 +18.6% $73 / Sq Ft
10/30/2013 10/30/13 Sold $109,500 -0.4% $61 / Sq Ft
08/08/2013 08/08/13 Pending -- -- --
07/24/2013 07/24/13 For Sale $109,900 -- $61 / 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 $2,384 $98,200 $10,900 $87,300
2024 $2,043 $83,700 $6,500 $77,200
2023 $2,274 $74,600 $6,100 $68,500
2022 $2,043 $66,100 $6,100 $60,000
2021 $2,035 $59,200 $6,100 $53,100
2020 $2,006 $50,900 $6,100 $44,800
2019 $1,952 $47,100 $6,100 $41,000
2018 $1,902 $44,400 $6,100 $38,300
2017 $0 $43,000 $11,100 $31,900
2016 $0 $38,400 $8,900 $29,500
2015 -- $38,400 $8,900 $29,500
2014 $1,605 $39,000 $12,500 $26,500
2013 $1,605 $38,600 $12,200 $26,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16010016

Southwestern Michigan Association of REALTORS®

APN: 54-116-006-00