NOT LISTED FOR SALE

322 Washington St Otsego, MI 49078

Estimated Value: $190,000 - $236,710

-- Bed
2 Baths
2,432 Sq Ft
$88/Sq Ft Est. Value

Last Sold November 07, 2022

Last sale price $199,900 $82 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,522/month

97 Days on Market

About This Home

As of November 2022

Otsego schools cute duplex with each unit offering 3 bedrooms/ 1 baths, each unit-1,216 sq ft of finished living space. Protentional rent $995+

Last Agent to Sell the Property

Rhea Terburg

Jaqua, REALTORS License #6501417481 Listed on: 06/23/2022

Jaqua, REALTORS

Last Buyer's Agent

Dan Smigiel

Berkshire Hathaway HomeServices MI

Berkshire Hathaway HomeServices MI

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,923

Year Built

  • Built in 1977

Lot Details

  • 7,928 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Aluminum Siding

Utilities

  • Forced Air Heating System
  • Natural Gas Connected

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, water, trash collection, sewer, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,923

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 210000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Telephone Line, Public Water, Public Sewer

Lot Info

  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Size Sq Ft: 7928.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water, Trash Collection, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2923.24
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2022
Closed on
Nov 4, 2022
Sold by
Pearson Thomas A
Bought by
Foulkes David
Seller's Agent
Rhea Terburg
Jaqua, REALTORS
Buyer's Agent
Dan Smigiel
Berkshire Hathaway HomeServices MI
List Price
$260,000
Sold Price
$199,900
Premium/Discount to List
-$60,100
-23.12%
Views
19
Current Estimated Value
$214,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,528
Avg. Annual Appreciation
3.45%
Original Mortgage
$189,905
Outstanding Balance
$184,574
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$35,006

Purchase Details

Closed on
Jun 7, 2010
Sold by
Pearson Joseph Vincent
Bought by
Pearson Thomas Arnold
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
Foulkes David $199,900 --
Pearson Thomas A -- --
Pearson Thomas Arnold -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pearson Thomas A $189,905
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2022 11/07/22 Sold $199,900 -4.8% $82 / Sq Ft
09/28/2022 09/28/22 Pending -- -- --
09/26/2022 09/26/22 Price Changed $210,000 -12.5% $86 / Sq Ft
07/16/2022 07/16/22 Price Changed $240,000 -7.7% $99 / Sq Ft
06/23/2022 06/23/22 For Sale $260,000 -- $107 / 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 $4,171 $82,600 $9,600 $73,000
2024 $2,996 $69,400 $5,800 $63,600
2023 $3,490 $60,900 $5,400 $55,500
2022 $2,996 $58,500 $5,400 $53,100
2021 $2,961 $54,700 $5,400 $49,300
2020 $2,922 $51,800 $5,400 $46,400
2019 $2,873 $46,400 $5,400 $41,000
2018 $2,998 $49,400 $5,400 $44,000
2017 $0 $58,200 $8,300 $49,900
2016 $0 $49,200 $7,300 $41,900
2015 -- $49,200 $7,300 $41,900
2014 $2,910 $48,600 $8,300 $40,300
2013 $2,910 $46,700 $7,800 $38,900
Source: Public Records

Agents Affiliated with this Home

  • Rhea Terburg

    Seller's Agent in 2022

    Rhea Terburg

    Jaqua, REALTORS

    (269) 330-0998

    5 in this area

    103 Total Sales

    Section Image

  • D

    Buyer's Agent in 2022

    Dan Smigiel

    Berkshire Hathaway HomeServices MI

    (269) 779-2660

    3 in this area

    6 Total Sales

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22025688

Southwestern Michigan Association of REALTORS®

APN: 54-700-092-00

Michigan Allegan County Otsego 49078

322 Washington St, Otsego, MI

This home is located at 322 Washington St, Otsego, MI 49078 since 23 June 2022 and is currently estimated at $214,428, approximately $88 per square foot. This property was built in 1977. 322 Washington St is a home located in Allegan County with nearby schools including Otsego High School, St. Margaret School, and Otsego Christian Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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