NOT LISTED FOR SALE

324 Sherwood St Otsego, MI 49078

Estimated Value: $170,000 - $214,459

2 Beds
1 Bath
1,152 Sq Ft
$168/Sq Ft Est. Value

Last Sold October 07, 2022

Last sale price $175,000 $152 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,332/month

5 Days on Market

Highlights

  • Barn
  • 5 Car Attached Garage
  • Shed
  • Corner Lot: Yes
  • Patio
  • Garden

About This Home

As of October 2022

Do not wait to check out this unique find in the city of Otsego! Situated on a spacious triple lot, the updated two bedroom bungalow features new paint, new vinyl siding and roof, and a newer furnace. Main floor laundry is located in the knotty pine breezeway. Huge garage/storage barn is heated and has running water. The perfect place to keep up to 4 cars or all your toys. Attached to the barn is the original 2 car garage, which is a great workshop, or finish it off for additional living space. The fenced backyard features a patio area and kids play set. There is also a garden area and lots of open space with an additional storage shed. Walking distance to school and the city shops and restaurants. All for under $200,000!

Last Agent to Sell the Property

Debra Grygiel

Anchor Realty LLC Listed on: 08/10/2022

Last Buyer's Agent

Zachary Lazoski

Epique Realty License #6501442868

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,349

Year Built

  • Built in 1945

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 132 x 150
  • Shrub
  • Corner Lot: Yes
  • Level Lot
  • Garden
  • Back Yard Fenced
  • Property is zoned R-B, R-B

Parking

  • 5 Car Attached Garage
  • Garage Door Opener

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,152 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Replacement Windows
  • Laminate Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Shed
  • Storage Shed
  • Play Equipment

Farming

  • Barn

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,349

Year Built

Built in 1945

Lot Details

0

Parking

5

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1945
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 132 x 150
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1152.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 2349.0
  • Tax Info:Zoning3: R-B
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Windows:Replacement: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • Lot Description:Level: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • Additional Items:Ceiling Fans: Yes
  • Water Heater:Natural Gas4: Yes
  • Landscape:Garden Area: Yes
  • General Property Info:SqFt Above Grade: 1152.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Flooring:Laminate Floor: Yes
  • Fencing:Fenced Back: Yes
  • Other Structures:Storage Shed: Yes
  • Other Structures:Barn: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Flooring: Laminate
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 1152.0
  • Window Features: Replacement
  • General Property Info:Stories2: 1.0
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: Play Equipment
  • Fencing: Fenced Back
  • List Price: 175000.0
  • Lot Features: Corner Lot, Level
  • Other Structures: Shed(s), Barn(s)
  • Patio and Porch Features: Patio
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Features:Play Equipment: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 5.0
  • Garage: Yes
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 5.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.46
  • Lot Size Area: 0.46
  • Lot Dimensions: 132 x 150
  • Lot Size Sq Ft: 19820.0
  • Zoning Description: R-B
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2349.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2022
Closed on
Oct 7, 2022
Sold by
Verstrat Gerald
Bought by
Lazoski Nicholas Samuel and Lazoski Delanie Michelle
Seller's Agent
Debra Grygiel
Anchor Realty LLC
Buyer's Agent
Zachary Lazoski
Epique Realty
List Price
$175,000
Sold Price
$175,000
Current Estimated Value
$193,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,365
Avg. Annual Appreciation
2.43%
Original Mortgage
$169,750
Outstanding Balance
$163,539
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$23,918

Purchase Details

Listed on
Nov 12, 2017
Closed on
Jan 3, 2018
Sold by
The Robert J Bowden Revocable Trust
Bought by
Verstrat Gerald
Seller's Agent
Mark Hamlin
Best Choice Brokers
Buyer's Agent
Debra Grygiel
Anchor Realty LLC
List Price
$109,900
Sold Price
$106,000
Premium/Discount to List
-$3,900
-3.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.11%
Original Mortgage
$107,070
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2014
Sold by
Bowden Robert L
Bought by
Bowden Robert L and Robert L Bowden Revocable Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,280
Interest Rate
3.99%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 31, 2014
Sold by
Harris Mary S
Bought by
Bowden Robert L

Purchase Details

Closed on
Feb 15, 2011
Sold by
Morgan Howard and Morgan Marian
Bought by
Morgan Howard and Morgan Marian
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
Lazoski Nicholas Samuel $175,000 --
Verstrat Gerald $106,000 None Available
Bowden Robert L -- None Available
Bowden Robert L $71,200 Devon
Morgan Howard -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lazoski Nicholas Samuel $169,750
Previous Owner Verstrat Gerald $107,200
Previous Owner Verstrat Gerald $107,070
Previous Owner Bowden Robert L $46,280
Closed Lazoski Nicholas Samuel $8,921
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2022 10/07/22 Sold $175,000 0.0% $152 / Sq Ft
08/15/2022 08/15/22 Pending -- -- --
08/10/2022 08/10/22 For Sale $175,000 +65.1% $152 / Sq Ft
01/03/2018 01/03/18 Sold $106,000 -3.5% $92 / Sq Ft
11/24/2017 11/24/17 Pending -- -- --
11/12/2017 11/12/17 For Sale $109,900 -- $95 / 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 $3,331 $93,000 $19,600 $73,400
2024 $2,377 $79,800 $11,800 $68,000
2023 $2,986 $70,600 $11,200 $59,400
2022 $2,377 $62,300 $11,200 $51,100
2021 $2,368 $59,000 $11,200 $47,800
2020 $2,334 $59,500 $11,200 $48,300
2019 $2,271 $52,400 $11,200 $41,200
2018 $1,739 $49,000 $11,200 $37,800
2017 $0 $43,100 $12,200 $30,900
2016 $0 $38,800 $8,800 $30,000
2015 -- $38,800 $8,800 $30,000
2014 $1,512 $39,300 $14,800 $24,500
2013 $1,512 $36,400 $12,200 $24,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22034205

Southwestern Michigan Association of REALTORS®

APN: 54-320-129-00