NOT LISTED FOR SALE

323 E Franklin St Otsego, MI 49078

Estimated Value: $173,000 - $207,000

4 Beds
1 Bath
1,296 Sq Ft
$146/Sq Ft Est. Value

Last Sold May 14, 2013

Last sale price $36,400 $28 Per Sq Ft

Est. 431% increase in value since last sale

Current estimated payment $1,137/month

152 Days on Market

Highlights

  • Living Room
  • Laundry Room
  • Ceiling Fan
  • Otsego High School Rated 9+
  • Dining Room

About This Home

As of May 2013

This Otsego home needs TLC, but has so much potential. The home has 3/4 bedrooms (one bedroom is a walk-through landing area upstairs), One large bath, over 1200 sq ft of living space, a large eat-in kitchen, main floor laundry, ceiling fans, the dining room has a slider to backyard. The 30 x 32 pole barn has power and fourteen foot side walls with two doors, one fourteen foot door and one twelve foot door, a garage service door, plenty of lights and 200 amp electricity.

Last Agent to Sell the Property

Patrick O'Brien

O'Brien Real Estate License #6502102326 Listed on: 11/27/2012

Last Buyer's Agent

Patrick Stanley

O'Brien Real Estate License #6502362736

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 0.25 Acre Lot

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,296 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Michigan Basement
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Utilities

  • Natural Gas Connected
  • Cable TV Available

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Year Built: 1920
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fans
  • Fireplace: No
  • Total Bedrooms: 4
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Michigan Basement
  • LivingArea: 1296.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 35900.0
  • Lot Features: Sidewalk
  • Roof: Composition

Garage/Parking

  • Garage: Yes

Utilities

  • Utilities: Electricity Connected, Telephone Line, Natural Gas Connected, Cable Connected, Public Water, Public Sewer

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Size Sq Ft: 10890.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2012
Closed on
May 10, 2013
Sold by
Fannie Mae
Bought by
Wall Kenneth William and Wall Lori
Seller's Agent
Patrick O'Brien
O'Brien Real Estate
Buyer's Agent
Patrick Stanley
O'Brien Real Estate
List Price
$69,600
Sold Price
$36,400
Premium/Discount to List
-$33,200
-47.7%
Current Estimated Value
$193,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,927
Avg. Annual Appreciation
13.92%

Purchase Details

Closed on
Jan 19, 2012
Sold by
Dean April L and Dean Garrett
Bought by
The Federal National Mortgage Associatio

Purchase Details

Closed on
Dec 15, 1998
Sold by
Quigley Christine and Quigley William
Bought by
Dean April
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wall Kenneth William $36,400 None Available
The Federal National Mortgage Associatio $71,457 None Available
Dean April $49,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2013 05/14/13 Sold $36,400 -47.7% $28 / Sq Ft
04/28/2013 04/28/13 Pending -- -- --
11/27/2012 11/27/12 For Sale $69,600 -- $54 / Sq Ft
Source: MichRIC

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 $1,507 $66,700 $9,900 $56,800
2024 $1,293 $57,700 $5,900 $51,800
2023 $1,438 $49,500 $5,600 $43,900
2022 $1,293 $44,100 $5,600 $38,500
2021 $1,288 $41,800 $5,600 $36,200
2020 $1,270 $41,500 $5,600 $35,900
2019 $1,236 $35,600 $5,600 $30,000
2018 $1,205 $33,400 $5,600 $27,800
2017 $0 $29,100 $6,500 $22,600
2016 $0 $26,700 $4,800 $21,900
2015 -- $26,700 $4,800 $21,900
2014 $1,181 $26,700 $8,800 $17,900
2013 $1,181 $24,900 $7,200 $17,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 12061960

MichRIC

APN: 54-108-015-00