NOT LISTED FOR SALE

234 E Allegan St Otsego, MI 49078

Estimated Value: $206,921 - $221,000

4 Beds
4 Baths
1,410 Sq Ft
$150/Sq Ft Est. Value

Last Sold August 04, 2022

Last sale price $179,500 $127 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,387/month

5 Days on Market

About This Home

As of August 2022

Located downtown Otsego this home offers a large floor plan floors with hardwood floors, washer and dryer and private off road parking. November move-in is available.

Resident pays all utilities. Please, no pets.

Showings will be available by appointment

Application will check: Credit History Rental history and Employment History
Rent- $1125
Security Deposit- $1125

Last Agent to Sell the Property

William Evenboer

Evenboer Walton, REALTORS License #6502128196 Listed on: 06/03/2022

Co-Listed By

Rob Evenboer

Evenboer Walton, REALTORS License #6501429892

Last Buyer's Agent

Tom Parker

Betten Real Estate License #6501226166

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,985

Year Built

  • Built in 1900

Lot Details

  • 8,581 Sq Ft Lot

Parking

  • 10 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Aluminum Siding

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, water, trash collection, sewer, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,985

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • List Price: 179500.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 10.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Sq Ft: 8581.0
  • Zoning Description: R - B
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water, Trash Collection, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2985.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2022
Closed on
Aug 4, 2022
Sold by
Marti Llc
Bought by
Bowman Rental Properties Llc
Seller's Agent
William Evenboer
Evenboer Walton, REALTORS
Buyer's Agent
Tom Parker
Betten Real Estate
List Price
$179,500
Sold Price
$179,500
Current Estimated Value
$211,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,528
Avg. Annual Appreciation
5.98%
Original Mortgage
$143,600
Outstanding Balance
$138,029
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$75,868

Purchase Details

Closed on
May 15, 2013
Sold by
Elzinga Lisa T
Bought by
Marti Llc

Purchase Details

Listed on
Apr 5, 2012
Closed on
May 3, 2012
Sold by
Zull Keith S and Zull Roberta L
Bought by
Elzinga Lisa T
Seller's Agent
Wendy Conner
Greenridge Cornell & Associates
Buyer's Agent
Tim Duckworth
Jaqua, REALTORS
List Price
$39,900
Sold Price
$27,900
Premium/Discount to List
-$12,000
-30.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.58%

Purchase Details

Closed on
May 3, 2011
Sold by
Citibank Na
Bought by
Zull Keith S

Purchase Details

Closed on
Apr 15, 2010
Sold by
Laning Peter K
Bought by
Citibank Na

Purchase Details

Closed on
Aug 11, 2006
Sold by
Rogers Gary and Rogers Phyllis E
Bought by
Laning Peter K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,400
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 1992
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bowman Rental Properties Llc $179,500 None Listed On Document
Marti Llc -- None Available
Elzinga Lisa T $27,900 Devon
Zull Keith S $29,400 Attorneys Title Agency Llc
Citibank Na $54,000 None Available
Laning Peter K $86,000 None Available
-- $52,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowman Rental Properties Llc $143,600
Previous Owner Laning Peter K $77,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2024 10/08/24 Off Market $1,150 -- --
10/04/2024 10/04/24 Price Changed $1,150 -2.1% $1 / Sq Ft
10/01/2024 10/01/24 For Rent $1,175 0.0% --
08/04/2022 08/04/22 Sold $179,500 0.0% $127 / Sq Ft
06/08/2022 06/08/22 Pending -- -- --
06/03/2022 06/03/22 For Sale $179,500 +543.4% $127 / Sq Ft
05/03/2012 05/03/12 Sold $27,900 -30.1% $20 / Sq Ft
04/17/2012 04/17/12 Pending -- -- --
04/05/2012 04/05/12 For Sale $39,900 -- $28 / 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 $2,766 $79,100 $7,700 $71,400
2024 $2,009 $63,500 $4,600 $58,900
2023 $2,357 $41,200 $4,400 $36,800
2022 $2,009 $39,600 $4,400 $35,200
2021 $1,986 $37,200 $4,400 $32,800
2020 $2,105 $45,300 $4,400 $40,900
2019 $2,070 $47,500 $4,400 $43,100
2018 $2,026 $41,600 $4,400 $37,200
2017 $0 $40,800 $6,600 $34,200
2016 $0 $36,400 $7,400 $29,000
2015 -- $36,400 $7,400 $29,000
2014 $2,433 $32,300 $7,900 $24,400
2013 $2,433 $30,400 $6,800 $23,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22021782

Southwestern Michigan Association of REALTORS®

APN: 54-104-002-00