NOT LISTED FOR SALE

235 W Franklin St Otsego, MI 49078

Estimated Value: $128,000 - $199,000

2 Beds
1 Bath
820 Sq Ft
$181/Sq Ft Est. Value

Last Sold August 10, 2015

Last sale price $57,000 $70 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $905/month

14 Days on Market

Highlights

  • Wooded Lot
  • Sun or Florida Room
  • Screened Porch
  • Wood Flooring
  • Mud Room
  • Shed

About This Home

As of August 2015

Opportunity knocks to quit paying rent and buy! Newer vinyl siding, mostly new replacement windows, newer roof, newer exterior doors all on a nice deep lot that is fenced in Kitchen has newer countertops & sink Plenty of cupboards Dining area & Living room with cove ceilings Wood floor in the bigger bedroom which also has cove ceilings 3 seasons room is a great living space to just sit & relax

Last Agent to Sell the Property

Karen Gustafson

Berkshire Hathaway HomeServices MI Listed on: 06/05/2015

Last Buyer's Agent

James Douglass

RE/MAX Advantage License #6502129410

RE/MAX Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $792

Year Built

  • Built in 1900

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 66x175
  • Wooded Lot
  • Back Yard Fenced

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 820 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Replacement Windows
  • Window Treatments
  • Window Screens
  • Mud Room
  • Sun or Florida Room
  • Screened Porch
  • Range
  • Laundry on main level

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Basement

  • Michigan Basement
  • Partial Basement
  • Crawl Space

Outdoor Features

  • Shed
  • Storage Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$792

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1900
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: 66x175
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 820.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 792.0
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Windows:Replacement: Yes
  • Appliances Refrigerators: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Substructure:Partial: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Windows:Screens: Yes
  • Utilities Attached:Telephone Line: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Window Treatments: Yes
  • Water Heater:Natural Gas4: Yes
  • Renewable HeatCool:Programmable Thermostat: Yes
  • Substructure:Michigan Basement: Yes
  • Substructure:Crawl Space: Yes
  • General Property Info:SqFt Above Grade: 820.0
  • General Property Info Garage YN: No
  • Flooring:Wood Floor: Yes
  • Architectural Style:Ranch: Yes
  • Fencing:Fenced Back: Yes
  • Flooring:Ceramic Floor: Yes
  • Other Structures:Storage Shed: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Crawl Space, Michigan Basement, Partial
  • LivingArea: 820.0
  • Window Features: Screens, Replacement, Window Treatments
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Total Basement SQFT: 280.0
  • Appliances Range: Yes
  • Kitchen Features:Mud Room Access: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: Scrn Porch, 3 Season Room
  • Fencing: Fenced Back
  • List Price: 59000.0
  • Lot Features: Wooded
  • Other Structures: Shed(s)
  • Patio and Porch Features: Porch(es)
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Features:Scrn Porch: Yes
  • Exterior Features 3 Season Room: Yes
  • Patio and Porch Features:Porch(es): Yes

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Cable Connected, Storm Sewer, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.27
  • Lot Size Area: 0.27
  • Lot Dimensions: 66x175
  • Lot Size Sq Ft: 11550.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 792.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2015
Closed on
Aug 10, 2015
Sold by
Edgerton Shelly J and Swinehart Ty
Bought by
Null Micah A and Null Angela M
Seller's Agent
Karen Gustafson
Berkshire Hathaway HomeServices MI
Buyer's Agent
James Douglass
RE/MAX Advantage
List Price
$65,000
Sold Price
$57,000
Premium/Discount to List
-$8,000
-12.31%
Current Estimated Value
$148,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,230
Avg. Annual Appreciation
9.86%
Original Mortgage
$58,163
Outstanding Balance
$46,133
Interest Rate
4.04%
Mortgage Type
New Conventional
Estimated Equity
$100,641

Purchase Details

Listed on
Apr 30, 2012
Closed on
Oct 30, 2012
Sold by
Swinehart Christine M
Bought by
Edgerton Shelly J and Swinehart Ty
Seller's Agent
Mark DeLavern
Berkshire Hathaway HomeServices MI
Buyer's Agent
Karen Gustafson
Five Star Real Estate
List Price
$44,900
Sold Price
$38,000
Premium/Discount to List
-$6,900
-15.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.64%
Original Mortgage
$30,400
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 30, 2012
Closed on
Oct 24, 2012
Sold by
Edgerton Shellyj and Swinehart Ty
Bought by
Edgerton Shelly J and Swinehart Ty
Seller's Agent
Mark DeLavern
Berkshire Hathaway HomeServices MI
Buyer's Agent
Karen Gustafson
Five Star Real Estate
List Price
$44,900
Sold Price
$38,000
Premium/Discount to List
-$6,900
-15.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,400
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2010
Sold by
Lutes Betty L
Bought by
Lutes Tammy E and Lutes Thomas A

Purchase Details

Closed on
Jun 25, 1997
Sold by
Taggett Kathryn
Bought by
Lutes Ernest and Lutes Betty
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
Null Micah A $57,000 Title Resource Agency
Edgerton Shelly J -- Ppr Title Agency
Edgerton Shelly J -- Ppr Title Agency
Edgerton Shelly J $38,000 Ppr Title Agency
Lutes Tammy E -- None Available
Lutes Ernest -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Null Micah A $58,163
Previous Owner Edgerton Shelly J $30,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2015 08/10/15 Sold $57,000 -12.3% $70 / Sq Ft
06/19/2015 06/19/15 Pending -- -- --
06/05/2015 06/05/15 For Sale $65,000 +71.1% $79 / Sq Ft
10/24/2012 10/24/12 Sold $38,000 -15.4% $46 / Sq Ft
09/10/2012 09/10/12 Pending -- -- --
04/30/2012 04/30/12 For Sale $44,900 -- $55 / 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 $1,165 $52,600 $9,300 $43,300
2024 $1,000 $45,800 $5,600 $40,200
2023 $1,112 $40,600 $5,300 $35,300
2022 $1,000 $35,000 $5,300 $29,700
2021 $997 $32,500 $5,300 $27,200
2020 $983 $32,200 $5,300 $26,900
2019 $956 $27,500 $5,300 $22,200
2018 $932 $25,300 $5,300 $20,000
2017 $0 $22,200 $5,800 $16,400
2016 $0 $20,200 $4,200 $16,000
2015 -- $20,200 $4,200 $16,000
2014 -- $20,600 $7,400 $13,200
2013 -- $19,100 $6,000 $13,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15029154

Southwestern Michigan Association of REALTORS®

APN: 54-209-049-00