NOT LISTED FOR SALE

2372 105th Ave Otsego, MI 49078

Estimated Value: $219,000 - $411,000

3 Beds
1 Bath
1,880 Sq Ft
$155/Sq Ft Est. Value

Last Sold April 20, 2012

Last sale price $24,000 $13 Per Sq Ft

Est. 1,115% increase in value since last sale

Current estimated payment $1,802/month

14 Days on Market

Highlights

  • Pole Barn
  • Wood Siding
  • Wood Burning Fireplace
  • Otsego High School Rated 9+

About This Home

As of April 2012

This Otsego Farmhouse has 3 bedrooms, 1880 sq ft of living space and sits on 1.15 acres in the country with no close neighbors. There is a fireplace in the living room, an eat-in kitchen, a mudroom in the back of the home leading to the main floor laundry, and a partial basement. Outside you'll find a 936 sq ft pole barn, a porch and a deck.

Last Agent to Sell the Property

Patrick O'Brien

O'Brien Real Estate License #6502102326 Listed on: 02/16/2012

Last Buyer's Agent

Kim Williams

Five Star Real Estate License #6501362803

Five Star Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,000

Year Built

  • Built in 1865

Lot Details

  • 1.15 Acre Lot
  • The property's road front is unimproved

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,880 Sq Ft Home
  • Wood Burning Fireplace
  • Michigan Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Pole Barn

Utilities

  • Well
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,000

Year Built

Built in 1865

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Year Built: 1865
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Wood
  • Fireplace: Yes
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Michigan Basement
  • LivingArea: 1880.0

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 24000.0
  • Other Structures: Pole Barn
  • Road Surface Type: Unimproved
  • Roof: Composition

Garage/Parking

  • Garage: No

Utilities

  • Sewer: Septic System
  • Utilities: Electricity Connected
  • Water Source: Well

Lot Info

  • Lot Size Acres: 1.15
  • Lot Size Area: 1.15
  • Lot Size Sq Ft: 50094.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2012
Closed on
Apr 20, 2012
Sold by
Fannie Mae
Bought by
Mckinnon Devin
Seller's Agent
Patrick O'Brien
O'Brien Real Estate
Buyer's Agent
Kim Williams
Five Star Real Estate
List Price
$75,000
Sold Price
$24,000
Premium/Discount to List
-$51,000
-68%
Current Estimated Value
$291,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,667
Avg. Annual Appreciation
20.39%
Original Mortgage
$22,800
Outstanding Balance
$3,083
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$288,584

Purchase Details

Closed on
Apr 21, 2011
Sold by
Financial Freedom Acquisition Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 20, 2011
Sold by
Forney Dawn
Bought by
Financial Freedom Acquisition Llc
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
Mckinnon Devin $24,000 Title & Abstract Reo Inc
Federal National Mortgage Association -- None Available
Financial Freedom Acquisition Llc $85,887 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckinnon Devin $22,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2012 04/20/12 Sold $24,000 -68.0% $13 / Sq Ft
03/01/2012 03/01/12 Pending -- -- --
02/16/2012 02/16/12 For Sale $75,000 -- $40 / 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 $3,000 $123,400 $11,600 $111,800
2024 $2,531 $108,800 $11,600 $97,200
2023 $2,576 $92,900 $10,900 $82,000
2022 $2,531 $84,300 $10,600 $73,700
2021 $2,393 $80,200 $9,900 $70,300
2020 $2,360 $75,400 $9,100 $66,300
2019 $955 $30,800 $7,000 $23,800
2018 $935 $31,600 $7,200 $24,400
2017 $0 $49,300 $5,100 $44,200
2016 $0 $43,000 $5,100 $37,900
2015 -- $43,000 $5,100 $37,900
2014 $1,248 $40,400 $4,900 $35,500
2013 $1,248 $33,100 $6,000 $27,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12008907

Southwestern Michigan Association of REALTORS®

APN: 17-019-006-10