NOT LISTED FOR SALE

307 E Franklin St Otsego, MI 49078

Estimated Value: $205,000 - $215,000

3 Beds
1 Bath
1,752 Sq Ft
$121/Sq Ft Est. Value

Last Sold July 20, 2017

Last sale price $115,000 $66 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $1,340/month

27 Days on Market

Highlights

  • Above Ground Pool
  • Recreation Room
  • 2 Car Detached Garage
  • Otsego High School Rated 9+
  • Farmhouse Style Home
  • Eat-In Kitchen

About This Home

As of July 2017

Charming 3 bedroom farmhouse in Otsego. Many updates include water heater, some wiring, furnace and replacement windows. Updated oak kitchen with tile flooring. Appliances included. Huge master bedroom on main floor with double closet. Living room and separate family room with wood burning fireplace. (seller has not used in years) Main floor laundry. Upper level has nice sized landing and large bedroom. 2 car garage with paved driveway. Large lot with fenced rear yard. Nice play equipment and above ground pool included. Sale is subject to seller finding suitable housing.

Last Agent to Sell the Property

Nancy Whitney

Cornell & Associates Listed on: 04/28/2017

Last Buyer's Agent

Colleen Dawson

Five Star Real Estate License #6501371232

Five Star Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,593

Year Built

  • Built in 1908

Lot Details

  • 0.33 Acre Lot
  • Garden
  • Back Yard Fenced
  • Property is zoned R-B, R-B

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Farmhouse Style Home
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1,752 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Replacement Windows
  • Living Room with Fireplace
  • Dining Area
  • Recreation Room
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Above Ground Pool
  • Patio
  • Shed
  • Storage Shed
  • Play Equipment

Location

  • Mineral Rights

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,593

Year Built

Built in 1908

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Farmhouse
  • Stories: 2
  • Year Built: 1908
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 169x irreg
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1752.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 1593.0
  • Tax Info:Zoning3: R-B
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Windows:Replacement: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Substructure:Partial: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: Yes
  • Additional Items:Ceiling Fans: Yes
  • Appliances Microwave: Yes
  • Water Heater:Natural Gas4: Yes
  • Landscape:Garden Area: Yes
  • Mineral Rights:Yes: Yes
  • Pool:OutdoorAbove: Yes
  • General Property Info:SqFt Above Grade: 1752.0
  • General Property Info Garage YN: Yes
  • Fencing:Fenced Back: Yes
  • Special Features Pool - above ground: Yes
  • Architectural Style Farm House: Yes
  • Other Structures:Storage Shed: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Microwave, Range, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Eat-in Kitchen
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Partial
  • LivingArea: 1752.0
  • Window Features: Replacement
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 480.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Fireplace:Living: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • Exterior Features: Play Equipment
  • Fencing: Fenced Back
  • List Price: 124900.0
  • Lot Features: Sidewalk
  • Other Structures: Shed(s)
  • Patio and Porch Features: Patio
  • Pool Features: Above Ground, Outdoor/Above
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Features:Play Equipment: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Natural Gas Available, Electricity Available, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.33
  • Lot Size Area: 0.33
  • Lot Dimensions: 169x irreg
  • Lot Size Sq Ft: 14380.0
  • Zoning Description: R-B
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1593.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2023
Sold by
Culver Jimmy D and Culver Patricia J
Bought by
Culver Jimmy D and Culver Patricia J
Current Estimated Value
$211,455

Purchase Details

Closed on
Mar 9, 2020
Sold by
Evink Dean
Bought by
Culver Jimmy and Culver Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2018
Sold by
Culver Jimmy and Culver Patricia
Bought by
Culver Jimmy D and Culver Patricia J

Purchase Details

Listed on
Apr 28, 2017
Closed on
Jul 20, 2017
Sold by
Bowen Jerry L and Bowen Patricia L
Bought by
Culver Jimmy and Culver Patricia
Seller's Agent
Nancy Whitney
Cornell & Associates
Buyer's Agent
Colleen Dawson
Five Star Real Estate
List Price
$129,900
Sold Price
$115,000
Premium/Discount to List
-$14,900
-11.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.75%
Original Mortgage
$97,750
Interest Rate
3.9%
Mortgage Type
New Conventional
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
Culver Jimmy D -- None Listed On Document
Culver Jimmy $50,000 Vts Western Title
Culver Jimmy D -- None Available
Culver Jimmy $115,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Culver Jimmy $40,000
Previous Owner Culver Jimmy $97,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2017 07/20/17 Sold $115,000 -11.5% $66 / Sq Ft
05/25/2017 05/25/17 Pending -- -- --
04/28/2017 04/28/17 For Sale $129,900 -- $74 / 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 $2,626 $91,800 $14,900 $76,900
2024 $2,249 $78,800 $9,000 $69,800
2023 $2,504 $68,500 $8,500 $60,000
2022 $2,249 $61,300 $8,500 $52,800
2021 $2,241 $57,900 $8,500 $49,400
2020 $2,209 $58,400 $8,500 $49,900
2019 $2,150 $50,300 $8,500 $41,800
2018 $2,094 $48,400 $8,500 $39,900
2017 $0 $42,300 $9,700 $32,600
2016 $0 $38,700 $7,200 $31,500
2015 -- $38,700 $7,200 $31,500
2014 $1,483 $39,000 $13,300 $25,700
2013 $1,483 $36,300 $10,900 $25,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17003566

Southwestern Michigan Association of REALTORS®

APN: 54-108-012-00