NOT LISTED FOR SALE

318 S Farmer St Otsego, MI 49078

Estimated Value: $202,000 - $253,335

4 Beds
2 Baths
1,691 Sq Ft
$136/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $224,000 $132 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,580/month

5 Days on Market

Highlights

  • Farmhouse Style Home
  • Porch
  • Kitchen Island
  • 1 Fireplace
  • Snack Bar or Counter
  • Forced Air Heating System

About This Home

As of April 2023

Beautifully finished 4 bedroom, 2 bath home with great curb appeal! The many updates throughout this home are sure to impress. The main floor features a primary bedroom with a walk-in closet, a large laundry/ mudroom, and a beautifully updated kitchen with butcher block countertops, snack bar, stone backsplash and stainless steel appliances. Also on the main floor is a spacious formal dining room, a living room with a cozy brick fireplace, an additional bedroom and full bathroom. There is updated vinyl plank flooring throughout the home and updated carpet in the bedrooms. Upstairs you will find 2 large bedrooms and a modernly updated full bathroom. Your spacious fenced in yard is great for entertaining and has a newer garden shed and a large stone back patio. This home is in a great location within walking distance to parks, schools, the library, restaurants and more. Schedule a private tour or come to the open house on Saturday, April 1st from 2 to 4PM! All offers due by Tuesday, April 4th at 5 PM ( Seller reserves the right to accept an offer before the deadline).

Last Agent to Sell the Property

Joe Richards

Keller Williams Kalamazoo Market Center Listed on: 03/30/2023

Keller Williams Kalamazoo Market Center

Co-Listed By

Amanda Clark-Richards

Keller Williams Kalamazoo Market Center

Last Buyer's Agent

Deborah Ables

616 Realty LLC License #6501407751

616 Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,932

Year Built

  • Built in 1915

Lot Details

  • 8,189 Sq Ft Lot
  • Lot Dimensions are 82.5 x 99.5
  • Back Yard Fenced

Parking

  • Unpaved Driveway

Home Design

  • Farmhouse Style Home
  • Aluminum Siding

Interior Spaces

  • 1,691 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Replacement Windows

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Michigan Basement
  • Crawl Space

Outdoor Features

  • Porch

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,932

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Farmhouse
  • Stories: 2
  • Year Built: 1915
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 82.5 X 99.5
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1691.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 1931.7
  • Tax Info:Zoning3: Residential
  • Heat Type:Forced 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
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Driveway:Unpaved: Yes
  • General Property Info:Fireplace: Yes
  • Appliances Microwave: Yes
  • Water Heater:Natural Gas4: Yes
  • Substructure:Michigan Basement: Yes
  • Substructure:Crawl Space: Yes
  • General Property Info:SqFt Above Grade: 1691.0
  • General Property Info Garage YN: No
  • Fencing:Fenced Back: Yes
  • Architectural Style Farm House: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Interior Amenities: Kitchen Island
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Crawl Space, Michigan Basement
  • LivingArea: 1691.0
  • Window Features: Replacement
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 532.0
  • Appliances Range: Yes
  • Kitchen Features:Center Island: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Snack Bar: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • Fencing: Fenced Back
  • List Price: 198000.0
  • Patio and Porch Features: Porch(es)
  • Road Surface Type: Paved
  • Roof: Other
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes
  • Patio and Porch Features:Porch(es): Yes

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Dimensions: 82.5 X 99.5
  • Lot Size Sq Ft: 8189.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1931.7
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2023
Closed on
Apr 28, 2023
Sold by
Ruiz Byron R
Bought by
Newton Bryce
Seller's Agent
Joe Richards
Keller Williams Kalamazoo Market Center
Buyer's Agent
Deborah Ables
616 Realty LLC
List Price
$198,000
Sold Price
$224,000
Premium/Discount to List
$26,000
13.13%
Views
71
Current Estimated Value
$230,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,084
Avg. Annual Appreciation
1.08%
Original Mortgage
$7,500
Outstanding Balance
$7,316
Interest Rate
6.42%
Estimated Equity
$222,319

Purchase Details

Listed on
Nov 25, 2019
Closed on
Mar 27, 2020
Sold by
Revival Homes Llc
Bought by
Ruiz Byron R
Seller's Agent
Corin Dickerson
City2Shore Real Estate Inc.
Buyer's Agent
Joe Richards
Keller Williams Kalamazoo Market Center
List Price
$159,900
Sold Price
$147,500
Premium/Discount to List
-$12,400
-7.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.48%
Original Mortgage
$144,827
Interest Rate
3.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 5, 2019
Sold by
Mason Roger M
Bought by
Revival Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,045
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 21, 2018
Sold by
Mason Kenneth Lee and Mason Robert A
Bought by
Mason Roger M

Purchase Details

Closed on
Jun 13, 2018
Sold by
Tackett Harold J and Marlin Stephanie
Bought by
Mason Kenneth Lee and Mason Robert A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Newton Bryce $224,000 Chicago Title
Ruiz Byron R $147,500 None Available
Revival Homes Llc $43,000 Nations Title
Mason Roger M -- Multiple
Mason Kenneth Lee -- Devon Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newton Bryce $7,500
Open Newton Bryce $217,280
Previous Owner Ruiz Byron R $144,827
Previous Owner Revival Homes Llc $99,045
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $224,000 +13.1% $132 / Sq Ft
04/04/2023 04/04/23 Pending -- -- --
03/30/2023 03/30/23 For Sale $198,000 +34.2% $117 / Sq Ft
03/27/2020 03/27/20 Sold $147,500 -7.8% $87 / Sq Ft
02/21/2020 02/21/20 Pending -- -- --
11/25/2019 11/25/19 For Sale $159,900 -- $95 / 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 $3,917 $72,200 $11,300 $60,900
2024 $1,932 $62,000 $6,800 $55,200
2023 $2,151 $53,000 $6,400 $46,600
2022 $1,932 $47,300 $6,400 $40,900
2021 $1,925 $43,900 $6,400 $37,500
2020 $1,906 $43,500 $6,400 $37,100
2019 $1,701 $36,900 $6,400 $30,500
2018 $1,717 $40,000 $6,400 $33,600
2017 $0 $33,900 $7,000 $26,900
2016 $0 $30,300 $5,100 $25,200
2015 -- $30,300 $5,100 $25,200
2014 $1,959 $29,200 $9,000 $20,200
2013 $1,959 $27,100 $7,400 $19,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23009300

Southwestern Michigan Association of REALTORS®

APN: 54-100-093-50