$381,500
SOLD JUL 12, 2019

255 15th St Otsego, MI 49078

4 Beds
2.5 Baths
2,400 Sq Ft
64.55 Acres

Recently Sold

$159 Per Sq Ft

3% Above List Price

18 Days on Market

Highlights

  • 64.55 Acre Lot
  • Recreation Room
  • Living Room
  • Otsego High School Rated 9+
  • 2 Car Attached Garage
  • Forced Air Heating System

About This Home

As of April 2022

MULTIPLE OFFER SITUATION. HIGHEST AND BEST OFFER DUE TUESDAY 5/21/19 NOON 255 15th St Otsego MI 49078 4 bedroom 2.5 bath MOVE IN READY home for sale with 60 acres and 2 barns. Completely remodeled. New roof, new carpet, new furnace and more. Buyer to verify all data. Clients may see all data & schedule showings at www.RichardStewart.com or call Richard Stewart 269-345-7000 REO Specialists llc

Last Agent to Sell the Property

Richard Stewart

REO Specialists, L.L.C. License #6502431179 Listed on: 05/12/2019

Last Buyer's Agent

Nikki Hatfield

NextHome ONE of Kalamazoo License #6501384298

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,700

Year Built

  • Built in 1972

Lot Details

  • 64.55 Acre Lot
  • Lot Dimensions are 1315 x 2130.08

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Area
  • Recreation Room
  • Partial Basement
  • Laundry on main level

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Septic System

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,700

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Tri-Level
  • Stories: 2
  • Year Built: 1972
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 1315 x 2130.08
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2400.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 4699.61
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Partial: Yes
  • General Property Info:Fireplace: No
  • Appliances Microwave: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1600.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Tri-Level: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave
  • Fireplace: No
  • Total Bedrooms: 4
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Partial
  • LivingArea: 2400.0
  • General Property Info:Stories2: 2.0
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 369900.0
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 64.55
  • Lot Size Area: 64.55
  • Lot Dimensions: 1315 x 2130.08
  • Lot Size Sq Ft: 2811798.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4699.61
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2022
Closed on
Jun 14, 2022
Sold by
Kivell and David
Bought by
Rbc Investments Llc
Seller's Agent
Kelly Kivell
Berkshire Hathaway HomeServices MI
Buyer's Agent
Tyson Steigmeyer
Five Star Real Estate (Grandv)
List Price
$499,900
Sold Price
$370,000
Premium/Discount to List
-$129,900
-25.99%
Current Estimated Value
$61,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$309,000

Purchase Details

Listed on
Feb 18, 2022
Closed on
Apr 29, 2022
Sold by
Kivell and Kelly
Bought by
Burchfield Paul and Burchfield Heather
Seller's Agent
Kelly Kivell
Berkshire Hathaway HomeServices MI
Buyer's Agent
Tyson Steigmeyer
Five Star Real Estate (Grandv)
List Price
$499,900
Sold Price
$370,000
Premium/Discount to List
-$129,900
-25.99%

Purchase Details

Listed on
May 12, 2019
Closed on
Jul 12, 2019
Sold by
Us Bank Trust Na
Bought by
Kivell Kelly and Kivell David
Seller's Agent
Richard Stewart
REO Specialists, L.L.C.
Buyer's Agent
Nikki Hatfield
NextHome ONE of Kalamazoo
List Price
$369,900
Sold Price
$381,500
Premium/Discount to List
$11,600
3.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.09%
Original Mortgage
$305,200
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2016
Sold by
The Ardena J Zander Revocable Trust and Zander Ardena J
Bought by
U S Bank Trust Na and Lsf8 Master Participation Trust

Purchase Details

Closed on
Jan 14, 2015
Sold by
Zander Detlef Mark
Bought by
Zander Detlef Mark
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 Type Sale Price Title Company
Warranty Deed $50,000 None Listed On Document
Warranty Deed $141,500 Rossman Michael R
Warranty Deed $370,000 Title Resource Agency
Warranty Deed $381,500 Paramount Title Agency Llc
Sheriffs Deed $195,649 None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $305,200 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/29/2022 04/29/22 Sold $370,000 -26.0% $127 / Sq Ft View Prior Sale
03/07/2022 03/07/22 Pending -- -- --
02/18/2022 02/18/22 For Sale $499,900 +31.0% $171 / Sq Ft
07/12/2019 07/12/19 Sold $381,500 +3.1% $159 / Sq Ft
05/30/2019 05/30/19 Pending -- -- --
05/12/2019 05/12/19 For Sale $369,900 -- $154 / 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
2022 $10,054 $245,100 $140,700 $104,400
2021 $9,604 $257,300 $157,300 $100,000
2020 $6,697 $281,700 $165,600 $116,100
2019 $4,826 $249,600 $161,700 $87,900
2018 $4,700 $236,600 $155,700 $80,900
2017 $0 $254,400 $150,700 $103,700
2016 $0 $222,300 $137,000 $85,300
2015 -- $222,300 $137,000 $85,300
2014 $2,188 $198,300 $122,400 $75,900
2013 $2,188 $193,100 $105,400 $87,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19020045

Southwestern Michigan Association of REALTORS®

APN: 17-026-039-00