NOT LISTED FOR SALE

324 S North St Otsego, MI 49078

Otsego Area

Estimated Value: $204,000 - $233,000

Studio
2 Baths
1,964 Sq Ft
$111/Sq Ft Est. Value

Sale Details

Date Sold: October 30, 2024

Last sale price $185,000 $94 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,700 / mo

91 Days on Market

Highlights

  • Corner Lot: Yes
  • Forced Air Heating System
  • 6 Car Garage
  • Laundry Room

About This Home

As of October 2024

This great duplex is perfect as an owner occupied or as an investment. This well cared for property and great tenant record make for an ideal situation. Both main level and upper unit have neutral finishes and modern updates. Upper unit has a kitchen, full bath, open living room, dining room, a bedroom and a flex room. The main level has a large eat in kitchen, dining room, living room, bathroom, laundry room, and three great size bedrooms. Having a full basement, two car detached garage and a corner lot these are great feature for yourself or future tenants. All new electrical updated in Sept. 2024.

Last Agent to Sell the Property

Amy Hamilton

Jaqua, REALTORS License #6501343755 Listed on: 09/03/2024

Jaqua, REALTORS

Co-Listed By

Tori Gugino

Chuck Jaqua, REALTOR License #6501416247

Last Buyer's Agent

Amy Hamilton

Jaqua, REALTORS License #6501343755 Listed on: 09/03/2024

Jaqua, REALTORS

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,801

Year Built

  • Built in 1900

Lot Details

  • 11,543 Sq Ft Lot
  • Lot Dimensions are 87.50 x 132.00
  • Corner Lot: Yes

Parking

  • 6 Car Garage

Home Design

  • Composition Roof
  • Aluminum Siding

Laundry

  • Laundry Room
  • Laundry on main level

Basement

  • Michigan Basement
  • Crawl Space

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • Separate Water Meter
  • Shared Water Meter
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, water, sewer, gas
  • The owner pays for trash collection

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,801

Year Built

Built in 1900

Lot Details

0.26 Acres

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1900
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • OfficeContract Info:List PriceSqFt2: 117.73
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 87.50 x 132.00
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Lot Description:Corner Lot: Yes
  • Substructure:Michigan Basement: Yes
  • Substructure:Crawl Space: Yes
  • Extras:Sep Gas Meter: Yes
  • Extras:Sep Water Meter: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Cable Available: Yes
  • Util Avail at Street Phone Available: Yes
  • Utilities Attached Cable Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Tax Info:Seller_squote_s Annual Property Tax2: 2800.62
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space, Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 199900.0
  • Lot Features: Sidewalk, Corner Lot
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0
  • Extras:Garages: Yes
  • Unit 1:Garage4: Yes

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Laundry Room, Main Level
  • Sewer: Public Sewer
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.27
  • Lot Size Area: 0.27
  • Lot Dimensions: 87.50 x 132.00
  • Lot Size Sq Ft: 11543.0

Rental Info

  • Owner Pays: Trash Collection
  • Tenant Pays: Electric, Water, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2800.62
  • Tax Year: 2024

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
Sep 3, 2024
Closed on
Oct 30, 2024
Sold by
Salmon Family Trust
Bought by
Seller's Agent
Amy Hamilton
Jaqua, REALTORS
Buyer's Agent
Amy Hamilton
Jaqua, REALTORS
List Price
$224,900
Sold Price
$185,000
Premium/Discount to List
-$39,900
-17.74%
Views
38
Current Estimated Value
$217,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,090
Avg. Annual Appreciation
9.19%

Purchase Details

Closed on
May 23, 2022
Sold by
Salmon Thomas E and Salmon Norma J
Bought by
Salmon Family Trust

Purchase Details

Listed on
Nov 2, 2011
Closed on
Jul 25, 2013
Sold by
Fifth Third Bank
Bought by
Salmon Thomas E and Salmon Norma J
Seller's Agent
Denise Atwood
Berkshire Hathaway HomeServices MI
Buyer's Agent
Denise Atwood
Five Star Real Estate
List Price
$59,000
Sold Price
$40,000
Premium/Discount to List
-$19,000
-32.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.79%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Otsego, MI

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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
$185,000 Chicago Title
Salmon Family Trust -- None Listed On Document
Salmon Thomas E $40,000 None Available
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
10/30/2024 10/30/24 Sold $185,000 -7.5% $94 / Sq Ft
10/07/2024 10/07/24 Pending -- -- --
10/03/2024 10/03/24 Price Changed $199,900 -11.1% $102 / Sq Ft
09/03/2024 09/03/24 For Sale $224,900 0.0% $115 / Sq Ft
08/24/2024 08/24/24 Pending -- -- --
08/04/2024 08/04/24 Price Changed $224,900 0.0% $115 / Sq Ft
08/04/2024 08/04/24 For Sale $224,900 -6.3% $115 / Sq Ft
07/26/2024 07/26/24 Pending -- -- --
07/24/2024 07/24/24 Price Changed $239,900 -4.0% $122 / Sq Ft
07/08/2024 07/08/24 For Sale $249,900 +524.8% $127 / Sq Ft
07/25/2013 07/25/13 Sold $40,000 -32.2% $20 / Sq Ft View Prior Sale
06/12/2013 06/12/13 Pending -- -- --
11/02/2011 11/02/11 For Sale $59,000 -- $30 / 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 $6,094 $101,100 $14,200 $86,900
2025 $2,901 $96,800 $12,700 $84,100
2024 $2,500 $85,500 $7,700 $77,800
2023 $2,699 $75,500 $7,200 $68,300
2022 $2,500 $66,900 $7,200 $59,700
2021 $2,471 $61,900 $7,200 $54,700
2020 $2,438 $61,300 $7,200 $54,100
2019 $2,398 $51,600 $7,200 $44,400
2018 $2,346 $47,000 $7,200 $39,800
2017 $0 $40,400 $7,900 $32,500
2016 $0 $37,300 $5,700 $31,600
2015 -- $37,300 $5,700 $31,600
2014 $1,915 $35,900 $10,100 $25,800
2013 $1,915 $33,900 $8,300 $25,600
Source: Public Records

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Map

Source: MichRIC

MLS Number: 24034462

MichRIC

APN: 54-210-059-00

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