NOT LISTED FOR SALE

318 S Farmer St Otsego, MI 49078

Estimated Value: $210,000 - $256,000

4 Beds
2 Baths
1,691 Sq Ft
$139/Sq Ft Est. Value

Sale Details

Date Sold: April 28, 2023

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

Est. 5% increase in value since last sale

Current estimated payment $1,497 / mo

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

Co-Listed By

Amanda Clark-Richards

Graystone Real Estate

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
  • Fenced

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

Parking

  • Unpaved Driveway
  • Unpaved Parking

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

8,189 Sq Ft Lot

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Farmhouse
  • Stories: 2
  • Year Built: 1915
  • General Property Info:Basement: Yes
  • General Property Info:Main Level Primary: Yes
  • Manufactured:Manufactured YN: No
  • Driveway:Driveway: Unpaved
  • Sewer:Sewer: Public Sewer
  • Water Heater:Water Heater: Natural Gas
  • SourceMLSURL: https://sourcemls.org/api/v1/eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJTb3VyY2VTeXN0ZW1JRCI6IlQwMDAwMDAwNiIsIkxpc3RpbmdJRCI6IjIzMDA5MzAwIiwiU3RhbmRhcmRTdGF0dXMiOiJDbG9zZWQiLCJNb2RpZmljYXRpb25UaW1lc3RhbXAiOiIyMDI2LTA2LTAzVDIxOjIxOjMwLjAwMFoiLCJMaWNlbnNlZUlEIjoib2F1dGgyXzE0NjI5IiwiTGljZW5zZWVOYW1lIjoiSG9tZXMgUHJvIn0.-S81A0WwoMYLoU5qH4xt5kxwWieiHaqGQlUSneJ9qL0/badge
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Microwave, Dishwasher, Dryer, Washer, Range
  • 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
  • Basement Rooms:Total Basement SQFT: 532.0
  • Windows:Windows: Replacement
  • Kitchen Features:Kitchen Features: Center Island, Snack Bar

Exterior Features

  • Construction Materials: Aluminum Siding
  • Fencing: Fenced
  • List Price: 198000.0
  • Patio and Porch Features: Porch
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Roofing:Roofing: Other

Garage/Parking

  • Garage: No
  • Parking Features: Unpaved

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Water Source: Public
  • Heat Source:Heat Source: Natural Gas
  • Heat Type:Heat Type: Forced Air

Lot Info

  • Lot Size Acres: 0.188
  • Lot Size Area: 0.19
  • Lot Dimensions: 82.5 X 99.5
  • Lot Size Sq Ft: 8189.0
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 1931.7
  • Tax Year: 2022

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2023
Closed on
Apr 28, 2023
Sold by
Bought by
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
$234,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,504
Avg. Annual Appreciation
1.46%
Original Mortgage
$7,500
Outstanding Balance
$7,219
Interest Rate
6.42%
Estimated Equity
$227,285

Purchase Details

Listed on
Nov 25, 2019
Closed on
Mar 27, 2020
Sold by
Bought by
Seller's Agent
Corin Dickerson
City2Shore Real Estate Inc.
Buyer's Agent
Joe Richards
Graystone Real Estate
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
Bought by

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
Bought by

Purchase Details

Closed on
Jun 13, 2018
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$224,000 Chicago Title
$147,500 None Available
$43,000 Nations Title
-- Multiple
-- Devon Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $7,500
Open $217,280
Previous Owner $144,827
Previous Owner $99,045
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
02/21/2020 02/21/20 Pending -- -- --
11/25/2019 11/25/19 For Sale $159,900 -- $95 / Sq Ft
Source: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $2,854 $76,900 $12,700 $64,200
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

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Map

Source: MichRIC

MLS Number: 23009300

MichRIC

APN: 54-100-093-50

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