NOT LISTED FOR SALE

229 W Allegan St Otsego, MI 49078

Estimated Value: $214,000 - $267,000

4 Beds
1.5 Baths
1,800 Sq Ft
$130/Sq Ft Est. Value

Last Sold March 20, 2020

Last sale price $125,000 $69 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $1,474/month

80 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Forced Air Heating System
  • Otsego High School Rated 9+
  • 1 Car Detached Garage
  • Ceiling Fan

About This Home

As of March 2020

3 story older home large kitchen. Formal dining room & living room, 4 bedrooms, 2 full baths & hardwood floors thru-out house. 1 car garage. Convenient to shopping & schools.
All offers must be submitted by the Buyer's agent via the RES.NET Agent Portal. To submit your buyer's offer, simply click the link below. If you already have a RES.NET Agent account, you will be prompted to log in. If not, you will be prompted to create an account.
To begin, click or paste this link into your web browser: https://agent.res.net/Offers.aspx?-1372173 Owner will look at all offers. Owner said submit offers

Last Agent to Sell the Property

Nick Breedveld

Jaqua, REALTORS License #6501322081 Listed on: 11/20/2019

Jaqua, REALTORS

Last Buyer's Agent

Bryce Proseus

EXP Realty LLC License #6501389512

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,021

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 56x132

Parking

  • 1 Car Detached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,021

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: Traditional
  • 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: 56x132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1800.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 2021.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Additional Items:Ceiling Fans: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1800.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Flooring:Wood Floor: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Total Bedrooms: 4
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1800.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 800.0

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 122500.0
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • 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: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Storm Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Dimensions: 56x132
  • Lot Size Sq Ft: 7405.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2021.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2019
Closed on
Mar 5, 2020
Sold by
Union Home Mortgage Corp
Bought by
Vance Dylan
Seller's Agent
Nick Breedveld
Jaqua, REALTORS
Buyer's Agent
Bryce Proseus
EXP Realty LLC
List Price
$129,000
Sold Price
$125,000
Premium/Discount to List
-$4,000
-3.1%
Current Estimated Value
$234,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,164
Avg. Annual Appreciation
10.13%
Original Mortgage
$121,250
Outstanding Balance
$107,878
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$105,232

Purchase Details

Closed on
Feb 7, 2019
Sold by
Simpson Dustin L
Bought by
Union Home Mortgage Corp

Purchase Details

Listed on
Oct 16, 2017
Closed on
Dec 12, 2017
Sold by
Gerst Stephen Mathew
Bought by
Simpson Dustin L
Seller's Agent
Sue Cornell
Greenridge Cornell & Associates
Buyer's Agent
Bill LaFountaine
Coldwell Banker Schmidt Realtors
List Price
$109,000
Sold Price
$109,900
Premium/Discount to List
$900
0.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.86%
Original Mortgage
$111,010
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2004
Sold by
Weirick Farnsworth Cathy L
Bought by
Gerst Stephen Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,350
Interest Rate
6.1%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 18, 2000
Bought by
Weirick Cathy
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
Vance Dylan $125,000 None Available
Union Home Mortgage Corp $90,750 None Available
Simpson Dustin L $109,900 None Available
Gerst Stephen Matthew $105,000 Devon
Weirick Cathy $92,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vance Dylan $121,250
Previous Owner Simpson Dustin L $111,010
Previous Owner Gerst Stephen Matthew $103,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2020 03/20/20 Sold $125,000 -3.1% $69 / Sq Ft
02/08/2020 02/08/20 Pending -- -- --
11/20/2019 11/20/19 For Sale $129,000 +17.4% $72 / Sq Ft
12/11/2017 12/11/17 Sold $109,900 +0.8% $61 / Sq Ft
11/01/2017 11/01/17 Pending -- -- --
10/16/2017 10/16/17 For Sale $109,000 -- $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 $2,778 $85,300 $6,800 $78,500
2024 $2,379 $74,500 $4,100 $70,400
2023 $2,649 $65,600 $3,900 $61,700
2022 $2,379 $61,000 $3,900 $57,100
2021 $2,371 $54,200 $3,900 $50,300
2020 $2,026 $48,200 $3,900 $44,300
2019 $1,971 $45,400 $3,900 $41,500
2018 $2,022 $46,700 $3,900 $42,800
2017 $0 $45,000 $5,900 $39,100
2016 $0 $39,600 $6,600 $33,000
2015 -- $39,600 $6,600 $33,000
2014 $1,916 $36,200 $8,600 $27,600
2013 $1,916 $34,300 $7,600 $26,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19055568

Southwestern Michigan Association of REALTORS®

APN: 54-100-102-00