NOT LISTED FOR SALE

324 W Franklin St Otsego, MI 49078

Estimated Value: $140,000 - $190,368

3 Beds
1 Bath
1,394 Sq Ft
$114/Sq Ft Est. Value

Last Sold September 26, 2016

Last sale price $50,052 $36 Per Sq Ft

Est. 217% increase in value since last sale

Current estimated payment $1,015/month

21 Days on Market

Highlights

  • Cape Cod Architecture
  • Recreation Room
  • Humidifier
  • Otsego High School Rated 9+
  • Porch
  • Living Room

About This Home

As of September 2016

Cape Cod style 3 bedroom 1 bath home w/full basement. Stove and refrigerator included. Nice yard w/storage shed. Covered back patio. Paved driveway. See attachment for PAS requirements and WFHM offer submittal information in MLS document section. Please submit all offers to the listing broker/agent. To report any concerns with a listing broker/agent, or to report any property condition or other concern needing escalation (including concerns related to a previously submitted offer), please call: 1-877-617-5274

Last Agent to Sell the Property

Peter Howard

Howard, Pete - I License #6502113849 Listed on: 06/22/2016

Last Buyer's Agent

Patricia Koval

Greenridge Realty (Wayland) License #6506044904

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 60x181
  • Level Lot

Home Design

  • Cape Cod Architecture
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1,394 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Window Screens
  • Living Room
  • Dining Area
  • Recreation Room
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed
  • Storage Shed
  • Porch

Utilities

  • Humidifier
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Phone Available

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Cape Cod
  • Stories: 2
  • Year Built: 1941
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 60x181
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1394.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 1343.4
  • Tax Info:Zoning3: Res
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Appliances Refrigerators: Yes
  • Heat Source:Natural Gas3: Yes
  • Lot Description:Level: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Windows:Screens: Yes
  • General Property Info:Fireplace: No
  • Utilities Attached:Telephone Line: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Humidifier: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Water Heater:Electric3: Yes
  • General Property Info:SqFt Above Grade: 1394.0
  • General Property Info Garage YN: No
  • Architectural Style Cape Cod: Yes
  • Other Structures:Storage Shed: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator
  • Interior Amenities: Ceiling Fan(s), Humidifier
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 1394.0
  • Window Features: Screens
  • General Property Info:Stories2: 2.0
  • Appliances Range: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 33600.0
  • Lot Features: Level
  • Other Structures: Shed(s)
  • Patio and Porch Features: Porch(es)
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes
  • Patio and Porch Features:Porch(es): Yes

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Phone Connected, Natural Gas Connected, Storm Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Dimensions: 60x181
  • Lot Size Sq Ft: 10890.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1343.4
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2016
Closed on
Aug 18, 2016
Sold by
Wells Fargo Bank Na
Bought by
Patchak Elizabeth
Seller's Agent
Peter Howard
Howard, Pete - I
Buyer's Agent
Patricia Koval
Greenridge Realty (Wayland)
List Price
$33,600
Sold Price
$50,052
Premium/Discount to List
$16,452
48.96%
Current Estimated Value
$158,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,404
Avg. Annual Appreciation
14.60%
Original Mortgage
$40,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2015
Sold by
Gilbert Autumn
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Apr 20, 2011
Sold by
Winkel Jo Ann and Buelke Sam Judith L
Bought by
Gilbert Autumn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,275
Interest Rate
4.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 11, 2010
Sold by
Winkel Jo Ann and Estate Of Ronald G Clawson
Bought by
Winkel Jo Ann and Buelke Sam Judith L
Source: Public Records

Range of Values:

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Average Value
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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
Patchak Elizabeth $50,052 Boston National Title
Wells Fargo Bank Na $56,250 Attorney
Gilbert Autumn $65,000 Devon Title Agency
Winkel Jo Ann -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patchak Elizabeth $40,000
Previous Owner Gilbert Autumn $67,275
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2016 09/26/16 Sold $50,052 +49.0% $36 / Sq Ft
07/13/2016 07/13/16 Pending -- -- --
06/22/2016 06/22/16 For Sale $33,600 -- $24 / 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 $2,099 $79,800 $9,300 $70,500
2024 $1,798 $70,800 $5,600 $65,200
2023 $2,002 $62,100 $5,300 $56,800
2022 $1,798 $55,200 $5,300 $49,900
2021 $1,792 $51,900 $5,300 $46,600
2020 $1,767 $54,100 $5,300 $48,800
2019 $1,719 $46,200 $5,300 $40,900
2018 $1,675 $44,200 $5,300 $38,900
2017 -- $37,800 $6,100 $31,700
2016 -- $35,000 $4,500 $30,500
2015 -- $35,000 $4,500 $30,500
2014 $1,478 $33,300 $8,300 $25,000
2013 $1,478 $31,400 $6,800 $24,600
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2016

    Peter Howard

    Howard, Pete - I

  • Patricia Koval

    Buyer's Agent in 2016

    Patricia Koval

    Greenridge Realty (Wayland)

    (616) 437-0013

    1 in this area

    94 Total Sales

    Patricia Koval
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16031696

Southwestern Michigan Association of REALTORS®

APN: 54-022-112-00

Michigan Allegan County Otsego 49078

324 W Franklin St, Otsego, MI

This home is located at 324 W Franklin St, Otsego, MI 49078 since 22 June 2016 and is currently estimated at $158,456, approximately $113 per square foot. This property was built in 1941. 324 W Franklin St is a home located in Allegan County with nearby schools including Otsego High School, Otsego Christian Academy, and St. Margaret School.

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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