NOT LISTED FOR SALE

327 E Morrell St Otsego, MI 49078

Estimated Value: $204,000 - $251,000

3 Beds
1.5 Baths
2,303 Sq Ft
$102/Sq Ft Est. Value

Last Sold October 10, 2024

Last sale price $223,000 $97 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,432/month

3 Days on Market

Highlights

  • 1 Fireplace
  • Mud Room
  • Forced Air Heating and Cooling System
  • Otsego High School Rated 9+
  • Eat-In Kitchen
  • 1 Car Garage

About This Home

As of October 2024

Welcome to a unique one of a kind home located in the heart of Otsego. This 1970's contemporary home has been called home to 4 generations of the same family. Conveniently located within walking distance of local parks, schools, library, downtown Otsego shops and local events. A short 3 minute drive will get you to all the restaurants & shopping that the Otsego/Plainwell area has to offer. You will enter into a newly renovated bonus room containing a mud room/dining room which is connected to the kitchen and the rest of the house as well as the exit to the backyard patio. Home offers 3 bedrooms w/Primary bedroom containing a half bath & expertly renovated full bathroom. Downstairs contains a full basement which includes decorative only brick fireplace, laundry room, plenty of storage and woodshop. The backyard includes a large shed that offers ample storage for your tools, yard equipment or outdoor toys. The backyard is completely fenced in for children & pets and contains many beautiful flowering, mature trees.

Recent Updates:
New roof (house and shed) 2022
Painted shed (7/2024)
Fresh Air exchange added (2023)
Expertly Renovated Family/Bonus Room (2023)- New electrical, insulation, drywall, New Steel Entry door, New Anderson slider
Expertly Renovated Full Bath (8/2024)-Complete renovation

Things to know:
Google Nest Thermostat and Cameras at each entry.
LED lights - in all fixtures minus florescents in kitchen, laundry room and wood shop.
Generator hook up just in case power ever goes out.
Water filter in basement to kitchen sink and ice maker.

Last Agent to Sell the Property

Chuck Kinnane

Berkshire Hathaway HomeServices MI License #6501293749 Listed on: 09/05/2024

Berkshire Hathaway HomeServices MI

Last Buyer's Agent

Odis Stevens

Strong Properties, LLC License #6501450655

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,416

Year Built

  • Built in 1972

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 65 x 165
  • Level Lot
  • Back Yard Fenced

Parking

  • 1 Car Garage
  • Carport

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Mud Room

Kitchen

  • Eat-In Kitchen
  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,416

Year Built

Built in 1972

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1972
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 160.3
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 65 x 165
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2303.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 2416.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Lot Description:Level: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • General Property Info:Fireplace: Yes
  • General Property Info:SqFt Above Grade: 1403.0
  • Laundry Features In Basement: Yes
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Fencing:Fenced Back: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer
  • Interior Amenities: Eat-in Kitchen
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 2303.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Basement Finished SQFT: 900.0
  • Basement Rooms:Total Basement SQFT: 1273.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Kitchen Features:Mud Room Access: Yes
  • Appliances Dishwasher: Yes
  • Below Grade Sq Ft: 900.0

Exterior Features

  • Construction Materials: Brick, Wood Siding
  • Fencing: Fenced Back
  • List Price: 224900.0
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Carport: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Carport
  • Parking Features Carport14: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: In Basement
  • Sewer: Public
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Cable Connected, Storm Sewer, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Dimensions: 65 x 165
  • Lot Size Sq Ft: 10716.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2416.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2024
Closed on
Oct 10, 2024
Sold by
Gates Scott Lee and Gates Jessi Laine
Bought by
Ritzer Amanda and Ritzer Brian M
Seller's Agent
Chuck Kinnane
Berkshire Hathaway HomeServices MI
Buyer's Agent
Odis Stevens
Strong Properties, LLC
List Price
$224,900
Sold Price
$223,000
Premium/Discount to List
-$1,900
-0.84%
Views
10
Current Estimated Value
$234,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,309
Avg. Annual Appreciation
4.07%
Original Mortgage
$178,400
Outstanding Balance
$176,525
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$57,784

Purchase Details

Closed on
May 3, 2013
Sold by
Benjamin F Hummel Trust #1
Bought by
Gates Scott Lee and Gates Jessi Laine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
3.56%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 4, 2007
Sold by
Clark Robin K
Bought by
Hummel Benjamin F and Benjamin F Hummel Trust #1
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ritzer Amanda $223,000 Title Resource Agency
Gates Scott Lee $70,000 Chicago Title
Hummel Benjamin F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ritzer Amanda $178,400
Previous Owner Gates Scott Lee $63,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2024 10/10/24 Sold $223,000 -0.8% $97 / Sq Ft
09/08/2024 09/08/24 Pending -- -- --
09/05/2024 09/05/24 For Sale $224,900 -- $98 / 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 $2,490 $118,300 $9,900 $108,400
2024 $2,133 $105,900 $5,900 $100,000
2023 $2,375 $92,500 $5,600 $86,900
2022 $2,133 $82,000 $5,600 $76,400
2021 $2,126 $76,700 $5,600 $71,100
2020 $2,095 $77,000 $5,600 $71,400
2019 $2,039 $65,100 $5,600 $59,500
2018 $1,986 $60,400 $5,600 $54,800
2017 $0 $50,900 $6,500 $44,400
2016 $0 $47,400 $4,800 $42,600
2015 -- $47,400 $4,800 $42,600
2014 $2,162 $43,700 $9,100 $34,600
2013 $2,162 $41,600 $7,500 $34,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 24046691

MichRIC

APN: 54-111-014-00