$34,000
SOLD MAR 26, 2012

274 W Allegan St Otsego, MI 49078

-- Bed
-- Bath
1,859 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$18 Per Sq Ft

3% Below List Price

15 Days on Market

About This Home

As of June 2020

Multi-family Home located on a corner lot with 2167 sq ft of living space in three units. Unit 1 has an enclosed front porch,full bath, kitchen,and bedroom. Unit 2 is a studio apartment with full bath. Unit 3 has 2 bedrooms, kitchen, living room and full bath. This property is centrally located and close to downtown, schools and US-131. This is a Fannie Mae HomePath property. This property is eligible for HomePath Renovation Mortgage Financing. All information Represented herein is approximated and individual verification is recommended. Information is not guaranteed. Buyer responsible for any de-winterization and re-winterization fees, if applicable.

Last Agent to Sell the Property

Michael Balsitis

Bellabay Realty LLC License #6502346774 Listed on: 01/24/2012

Bellabay Realty LLC

Last Buyer's Agent

Paul Hammond

Evenboer Walton, REALTORS License #6501206816

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1900

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Michigan Basement
  • 4,792 Sq Ft Lot

Community Details

  • 1,000 Units

Property Details

Home Type

Apartment

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

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • List Price: 29900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Public Water, Public Sewer, Cable Connected

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4792.0
  • Zoning Description: R-B

Multi Family

  • Number of Units Total: 1000

Tax Info

  • Tax Annual Amount: 2699.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2023
Sold by
Kittel Michael
Bought by
Mannava Siddarth and Mannava Alyssa
Current Estimated Value
$224,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Outstanding Balance
$158,899
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$54,837

Purchase Details

Listed on
Mar 7, 2020
Closed on
Jun 26, 2020
Sold by
Areaux Joel and Rayman Casie
Bought by
Kittel Michael
Seller's Agent
Jessica Steele
Five Star Real Estate
Buyer's Agent
Tammy Steffens
Coldwell Banker Schmidt Fremont
List Price
$134,900
Sold Price
$133,500
Premium/Discount to List
-$1,400
-1.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.65%
Original Mortgage
$131,081
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 24, 2018
Closed on
Jun 22, 2018
Sold by
Mcbain Construction Llc
Bought by
Areaux Joel and Areaux Casie
Seller's Agent
Paul Hammond
Evenboer Walton, REALTORS
Buyer's Agent
Tony Smith
CENTURY 21 Affiliated
List Price
$119,900
Sold Price
$119,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.49%
Original Mortgage
$116,300
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 24, 2012
Closed on
Mar 23, 2012
Sold by
Fannie Mae
Bought by
Mcbain Construction Llc
Seller's Agent
Michael Balsitis
Bellabay Realty LLC
Buyer's Agent
Paul Hammond
Evenboer Walton, REALTORS
List Price
$34,900
Sold Price
$34,000
Premium/Discount to List
-$900
-2.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.38%

Purchase Details

Listed on
Jan 24, 2012
Closed on
Feb 27, 2012
Sold by
Bank Of America Na
Bought by
Fannie Mae and Federal National Mortgage Association
Seller's Agent
Michael Balsitis
Bellabay Realty LLC
Buyer's Agent
Paul Hammond
Evenboer Walton, REALTORS
List Price
$34,900
Sold Price
$34,000
Premium/Discount to List
-$900
-2.58%

Purchase Details

Closed on
Dec 15, 2011
Sold by
Averill James W and Averill Shauna L
Bought by
Bank Of America Na

Purchase Details

Closed on
Oct 21, 2009
Sold by
Mortgage Electronic Registration Systems
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 1, 2009
Sold by
Averill James W and Averill Shauna L
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Apr 23, 2005
Sold by
Hollinrake Gracennette
Bought by
Averill James W and Averill Shauna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 1999
Bought by
Hollinrake Gracennette

Purchase Details

Closed on
Apr 1, 1999
Sold by
Hollinrake Gracennette
Bought by
Averill James and Newman Shauna

Purchase Details

Closed on
Sep 9, 1998
Sold by
Grable Audrey
Bought by
Grable Audrey A Trust
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 $203,000 Sun Title Agency
Warranty Deed $133,500 Accommodation
Warranty Deed $119,900 National Title
Deed $34,000 Attorneys Title Agency Llc
Interfamily Deed Transfer -- None Available
Sheriffs Deed $109,358 None Available
Quit Claim Deed -- None Available
Sheriffs Deed $79,268 None Available
Warranty Deed $90,000 Chicago Title
Deed -- --
Deed $90,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $163,000 VA
Previous Owner $131,081 New Conventional
Previous Owner $116,300 New Conventional
Previous Owner $72,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2020 06/26/20 Sold $133,500 -1.0% $72 / Sq Ft
03/16/2020 03/16/20 Pending -- -- --
03/07/2020 03/07/20 For Sale $134,900 +12.5% $73 / Sq Ft
06/22/2018 06/22/18 Sold $119,900 0.0% $64 / Sq Ft
05/23/2018 05/23/18 Pending -- -- --
04/24/2018 04/24/18 For Sale $119,900 +252.6% $64 / Sq Ft
03/26/2012 03/26/12 Sold $34,000 -2.6% $18 / Sq Ft
02/08/2012 02/08/12 Pending -- -- --
01/24/2012 01/24/12 For Sale $34,900 -- $19 / 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 $3,982 $99,400 $5,100 $94,300
2024 $2,881 $87,600 $3,100 $84,500
2023 $3,203 $78,600 $2,900 $75,700
2022 $2,881 $73,000 $2,900 $70,100
2021 $2,871 $64,600 $2,900 $61,700
2020 $2,442 $57,300 $2,900 $54,400
2019 $2,377 $53,700 $2,900 $50,800
2018 $1,639 $48,900 $3,500 $45,400
2017 $0 $46,900 $5,200 $41,700
2016 $0 $41,300 $5,900 $35,400
2015 -- $41,300 $5,900 $35,400
2014 $2,923 $36,100 $6,300 $29,800
2013 $2,923 $34,300 $5,400 $28,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12004816

Southwestern Michigan Association of REALTORS®

APN: 54-204-004-60