NOT LISTED FOR SALE

323 W Morrell St Otsego, MI 49078

Estimated Value: $178,000 - $203,711

3 Beds
2 Baths
1,416 Sq Ft
$131/Sq Ft Est. Value

Last Sold November 01, 2012

Last sale price $60,000 $42 Per Sq Ft

Est. 201% increase in value since last sale

Current estimated payment $1,149/month

69 Days on Market

About This Home

As of November 2012

Info#3347 3 bedroom, 2 bath home featuring a large eat-in kitchen, a partial unfinished basement plus a crawl space. There is a 3 season porch, a fenced backyard and a one stall detached garage. Buyer to verify taxes and homestead status, assume any and all assessments as figures/status may change from when the listing is printed. THIS PROPERTY IS ELIGIBLE UNDER FIRST LOOK INITIATIVE THROUGH July 12, 2012. Offers from owner occupants as primary residence, non-profits, NSP grantees and community development organizations are eligible for the Freddie Mac First Look Initiative and will be considered, other offers must wait till after initiative expires. Attached affidavit must be signed by buyer and selling agent.

Last Agent to Sell the Property

Jim Wiersma

Coldwell Banker Woodland Schmidt License #6506043979 Listed on: 06/28/2012

Coldwell Banker Woodland Schmidt

Co-Listed By

Bernie Merkle

Coldwell Banker Woodland Schmidt License #6506041602

Last Buyer's Agent

Non Member

Non Member Of Swmric

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,902

Year Built

  • Built in 1900

Lot Details

  • 0.25 Acre Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,416 Sq Ft Home
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,902

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1900
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Crawl Space
  • LivingArea: 1416.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 59900.0
  • Road Surface Type: Paved

Garage/Parking

  • Garage: Yes

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
Jun 28, 2012
Closed on
Oct 31, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Vanheulen Seibert Kyle
Seller's Agent
Jim Wiersma
Coldwell Banker Woodland Schmidt
Buyer's Agent
Non Member
Non Member Of Swmric
List Price
$79,900
Sold Price
$60,000
Premium/Discount to List
-$19,900
-24.91%
Current Estimated Value
$180,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,780
Avg. Annual Appreciation
9.01%
Original Mortgage
$57,000
Outstanding Balance
$39,680
Interest Rate
3.32%
Mortgage Type
VA
Estimated Equity
$141,071

Purchase Details

Closed on
May 5, 2011
Sold by
Olson Robert J and Olson Shelly M
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Dec 27, 1999
Sold by
Jackson Shelly M
Bought by
Olson Shelly M
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
Vanheulen Seibert Kyle $60,000 None Available
Federal Home Loan Mortgage Corp $45,806 None Available
Olson Shelly M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanheulen Seibert Kyle $57,000
Previous Owner Olson Shelly M $31,890
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2012 11/01/12 Sold $60,000 -24.9% $42 / Sq Ft
09/05/2012 09/05/12 Pending -- -- --
06/28/2012 06/28/12 For Sale $79,900 -- $56 / 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 $1,902 $88,700 $10,000 $78,700
2024 $1,539 $79,200 $6,000 $73,200
2023 $1,713 $69,900 $5,700 $64,200
2022 $1,539 $62,300 $5,700 $56,600
2021 $1,534 $58,600 $5,700 $52,900
2020 $1,512 $55,300 $5,700 $49,600
2019 $1,472 $47,200 $5,700 $41,500
2018 $1,434 $44,200 $5,700 $38,500
2017 $0 $37,600 $6,200 $31,400
2016 $0 $34,800 $4,500 $30,300
2015 -- $34,800 $4,500 $30,300
2014 $1,365 $32,600 $7,900 $24,700
2013 $1,365 $30,900 $6,500 $24,400
Source: Public Records

Agents Affiliated with this Home

  • Jim Wiersma

    Seller's Agent in 2012

    Jim Wiersma

    Coldwell Banker Woodland Schmidt

    (616) 396-5221

    277 Total Sales

    Section Image
  • Bernie Merkle

    Seller Co-Listing Agent in 2012

    Bernie Merkle

    Coldwell Banker Woodland Schmidt

    (616) 886-2274

    322 Total Sales

    Section Image

  • N

    Buyer's Agent in 2012

    Non Member

    Non Member Of Swmric

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12036194

Southwestern Michigan Association of REALTORS®

APN: 54-022-127-00

Michigan Allegan County Otsego 49078

323 W Morrell St, Otsego, MI

This home is located at 323 W Morrell St, Otsego, MI 49078 since 28 June 2012 and is currently estimated at $185,678, approximately $131 per square foot. This property was built in 1900. 323 W Morrell 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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