NOT LISTED FOR SALE

318 W Morrell St Otsego, MI 49078

Estimated Value: $192,000 - $281,000

3 Beds
1.5 Baths
1,467 Sq Ft
$162/Sq Ft Est. Value

Last Sold July 29, 2015

Last sale price $99,900 $68 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $1,557/month

1 Day on Market

About This Home

As of July 2015

Charming 3 bed 1.5 bath Cape Cod in the city of Otsego with over 1,450 fn. sq. ft. Freshly painted kitchen w/cozy breakfast nook, main fl laundry, new main fl carpet as well! Two car garage, lg fenced backyard and conveniently located in the heart of Otsego!

Last Agent to Sell the Property

Nate Losiewski

Berkshire Hathaway HomeServices MI License #6501309140 Listed on: 06/22/2015

Berkshire Hathaway HomeServices MI

Last Buyer's Agent

Brad Boone

Berkshire Hathaway HomeServices MI License #6501261340

Berkshire Hathaway HomeServices MI

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,915

Year Built

1873

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Cape Cod
  • Stories: 2
  • Year Built: 1873
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: 74x172
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1467.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 2604.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Refrigerators: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Window Treatments: Yes
  • Substructure:Michigan Basement: Yes
  • General Property Info:SqFt Above Grade: 1467.0
  • General Property Info Garage YN: Yes
  • Fencing:Fenced Back: Yes
  • Architectural Style Cape Cod: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Oven, Refrigerator
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Michigan Basement
  • LivingArea: 1467.0
  • Window Features: Window Treatments
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 416.0
  • Appliances:Oven: Yes
  • Kitchen Features:Breakfast Nook: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Stone, Vinyl Siding
  • Fencing: Fenced Back
  • List Price: 99900.0
  • Lot Features: Sidewalk
  • Patio and Porch Features: Deck
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Stone: Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.29
  • Lot Size Area: 0.29
  • Lot Dimensions: 74x172
  • Lot Size Sq Ft: 12632.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2604.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2015
Closed on
Jul 29, 2015
Sold by
Glavanovich Michael A and Wilson Lisa
Bought by
Lepley Benjamin W
Seller's Agent
Nate Losiewski
Berkshire Hathaway HomeServices MI
Buyer's Agent
Brad Boone
Berkshire Hathaway HomeServices MI
List Price
$99,900
Sold Price
$99,900
Current Estimated Value
$237,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,056
Avg. Annual Appreciation
8.56%
Original Mortgage
$98,090
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 30, 2013
Sold by
Quimby Jessica M
Bought by
Glavanovich Michael A

Purchase Details

Closed on
Nov 22, 2002
Sold by
Murphy Sara J and Murphy Jason C
Bought by
Glavanovich Michael A

Purchase Details

Closed on
Sep 10, 1999
Sold by
Luyckx Frank M and Luyckx Jennifer R
Bought by
Murphy Sara and Murphy Jason

Purchase Details

Closed on
Apr 1, 1993

Purchase Details

Closed on
Aug 1, 1990
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
Lepley Benjamin W $99,900 Title Resource Agency
Glavanovich Michael A -- None Available
Glavanovich Michael A $121,500 Devon Title Agency
Murphy Sara $99,000 --
-- $68,000 --
-- $58,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lepley Benjamin W $33,500
Open Lepley Benjamin W $96,000
Closed Lepley Benjamin W $98,090
Previous Owner Glavanovich Michael A $86,464
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2015 07/29/15 Sold $99,900 0.0% $68 / Sq Ft
06/23/2015 06/23/15 Pending -- -- --
06/22/2015 06/22/15 For Sale $99,900 -- $68 / 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 $2,915 $120,500 $11,400 $109,100
2024 $2,496 $106,200 $6,900 $99,300
2023 $2,780 $92,900 $6,500 $86,400
2022 $2,496 $92,700 $6,500 $86,200
2021 $2,488 $86,800 $6,500 $80,300
2020 $2,452 $87,100 $6,500 $80,600
2019 $2,385 $73,800 $6,500 $67,300
2018 $2,324 $65,000 $6,500 $58,500
2017 $0 $54,600 $7,100 $47,500
2016 $0 $50,700 $5,100 $45,600
2015 -- $50,700 $5,100 $45,600
2014 $2,211 $46,200 $9,000 $37,200
2013 $2,211 $44,000 $7,400 $36,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15032508

Southwestern Michigan Association of REALTORS®

APN: 54-210-057-00