NOT LISTED FOR SALE

2885 Otsego Rd Waterford, MI 48328

Waterford Township Neighborhood

Estimated Value: $226,000 - $258,000

3 Beds
1 Bath
1,148 Sq Ft
$214/Sq Ft Est. Value

Last Sold March 08, 2013

Last sale price $51,550 $45 Per Sq Ft

Est. 376% increase in value since last sale

Current estimated payment $1,365/month

Highlights

  • Wood Burning Stove
  • No HOA
  • Forced Air Heating and Cooling System
  • Ranch Style House
  • Porch
  • Ceiling Fan

About This Home

As of March 2013

Spacious ranch home in Waterford, featuring 3 bedrooms and 1 bath. 1 car garage w/electric. Fenced backyard. Partially-finished basement with glass block windows. Hardwood flooring in hallway, bedrooms, and living room. Central Air. Enclosed rear porch with wood burning stove and backyard view. PROPERTY IS SUBJECT TO 3RD PARTY APPROVAL. BUYER'S AGENT TO VERIFY ALL INFORMATION.

Last Agent to Sell the Property

Neal El-Sayed

Elegant Homes Realty License #6501307463 Listed on: 01/02/2013

Last Buyer's Agent

Gina Louchart

Berkshire Hathaway HomeServices License #SBR-14491

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1949

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 60x180
  • Fenced

Home Design

  • Ranch Style House

Interior Spaces

  • 1,148 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Stove
  • Partially Finished Basement
  • Sump Pump

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Garage
  • Garage Door Opener

Outdoor Features

  • Exterior Lighting
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Cherokee Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1325153012
  • $1,546 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,219

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1949
  • Foundation Features: Sump Pump
  • Special Features: 12
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available
  • Fireplace Fuel: Wood Stove
  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 1148
  • Total Sq Ft: 1148
  • Sq Ft Total Bsmt: 1148

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Exterior Features: Fenced, Lighting
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Electricity, Door Opener
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Waterford

Lot Info

  • Homestead: Yes
  • List Price per Acre: 156250.0000
  • Lot Size Area: 0.32
  • Lot Dimensions: 60X180
  • Parcel Number: 1325153012

Tax Info

  • Tax Amount Summer: 770.0000
  • Tax Amount Winter: 449.0000
  • Total Tax: 1219.0000

MLS Schools

  • School District: Waterford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2013
Closed on
Mar 8, 2013
Sold by
Raby Darrell
Bought by
Thompson David C
Seller's Agent
Neal El-Sayed
Elegant Homes Realty
Buyer's Agent
Gina Louchart
Berkshire Hathaway HomeServices
List Price
$50,000
Sold Price
$51,550
Premium/Discount to List
$1,550
3.1%
Current Estimated Value
$245,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,582
Avg. Annual Appreciation
13.12%
Original Mortgage
$50,615
Outstanding Balance
$36,055
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$209,077

Purchase Details

Closed on
Oct 26, 2004
Sold by
Raby Maggie
Bought by
Raby Darrell

Purchase Details

Closed on
Sep 26, 2002
Sold by
Hamlette Dennis W
Bought by
Raby Darrell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,941
Interest Rate
6.18%

Purchase Details

Closed on
Jan 8, 1996
Sold by
Gabriel Alex
Bought by
Hamlette Dennis W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.07%
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
Thompson David C $51,550 None Available
Raby Darrell -- --
Raby Darrell $135,000 --
Hamlette Dennis W $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson David C $50,615
Previous Owner Raby Darrell $133,941
Previous Owner Hamlette Dennis W $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2013 03/08/13 Sold $51,550 +3.1% $45 / Sq Ft
01/02/2013 01/02/13 Pending -- -- --
01/02/2013 01/02/13 For Sale $50,000 -- $44 / Sq Ft
Source: Realcomp

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
2024 $946 $102,650 $0 $0
2023 $903 $97,370 $0 $0
2022 $1,464 $75,220 $0 $0
2021 $1,386 $72,260 $0 $0
2020 $827 $64,350 $0 $0
2019 $1,358 $58,550 $0 $0
2018 $1,343 $46,910 $0 $0
2017 $1,233 $46,910 $0 $0
2016 $1,234 $44,050 $0 $0
2015 -- $38,930 $0 $0
2014 -- $35,100 $0 $0
2011 -- $39,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Neal El-Sayed

    Seller's Agent in 2013

    Neal El-Sayed

    Elegant Homes Realty

    (313) 399-2261

    44 Total Sales

    Neal El-Sayed
    Section Image

  • G

    Buyer's Agent in 2013

    Gina Louchart

    Berkshire Hathaway HomeServices

  • G

    Buyer's Agent in 2013

    Gwendolyn Hopp

    Independent Broker Network LLC

See All Agents

Map

Source: Realcomp

MLS Number: 213000439

Realcomp

APN: 13-25-153-012

Michigan Oakland County Waterford 48328 Waterford Township

2885 Otsego Rd, Waterford, MI

This home is located at 2885 Otsego Rd, Waterford, MI 48328 since 02 January 2013 and is currently estimated at $245,132, approximately $213 per square foot. This property was built in 1949. 2885 Otsego Rd is a home located in Oakland County with nearby schools including Donelson Hills Elementary School, Mason Middle School, and Waterford Mott High School.

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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