NOT LISTED FOR SALE

329 E Franklin St Otsego, MI 49078

Estimated Value: $186,000 - $252,000

3 Beds
2 Baths
1,300 Sq Ft
$166/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $210,000 $162 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,388/month

12 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Eat-In Kitchen
  • Otsego High School Rated 9+
  • 2 Car Detached Garage
  • Laundry Room

About This Home

As of March 2024

What a home in the beautiful City of Otsego. Features include 3 bedrooms, 2 full bathrooms, updated kitchen with tons of cabinetry and counter space, appliances included. The living room is generously sized with plenty of room for everyone. The laundry is on the main floor, with washer and dryer included in sale. Walk in pantry just off the laundry area. Upstairs you will find 3 bedrooms, a full bath and linen closet. The double lot is fully fenced for your furry friends. Plus.... a two car garage. Sale is subject to availability of home known by broker.

Last Agent to Sell the Property

Nancy Whitney

Greenridge Cornell & Associates License #6506008498 Listed on: 01/22/2024

Last Buyer's Agent

Mike McMaster

Michigan Top Producers License #6501450235

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,801

Year Built

  • Built in 1908

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 65x165
  • Level Lot
  • Back Yard Fenced
  • Property is zoned R-B, R-B

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Replacement Windows
  • Window Screens
  • Laminate Flooring
  • Basement
  • Michigan Basement

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

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

$2,801

Year Built

Built in 1908

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 1
  • Year Built: 1908
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 65x165
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1300.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 2800.71
  • Tax Info:Zoning3: R-B
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Windows:Replacement: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Lot Description:Level: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Windows:Screens: Yes
  • General Property Info:Fireplace: Yes
  • Driveway:Gravel: Yes
  • Appliances Microwave: Yes
  • Water Heater:Natural Gas4: Yes
  • Substructure:Michigan Basement: Yes
  • General Property Info:SqFt Above Grade: 1300.0
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Flooring:Laminate Floor: Yes
  • Fencing:Fenced Back: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Flooring: Laminate
  • Interior Amenities: Garage Door Opener, Eat-in Kitchen
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Michigan Basement
  • LivingArea: 1300.0
  • Window Features: Screens, Replacement
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Total Basement SQFT: 560.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • Fencing: Fenced Back
  • List Price: 204900.0
  • Lot Features: Level, Sidewalk
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Laundry Room, Main Level
  • Sewer: Public
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Dimensions: 65x165
  • Lot Size Sq Ft: 10716.0
  • Zoning Description: R-B
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2800.71
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2024
Closed on
Mar 15, 2024
Sold by
Drake Beth
Bought by
Summers Mark
Seller's Agent
Nancy Whitney
Greenridge Cornell & Associates
Buyer's Agent
Mike McMaster
Michigan Top Producers
List Price
$209,900
Sold Price
$210,000
Premium/Discount to List
$100
0.05%
Views
58
Current Estimated Value
$216,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,272
Avg. Annual Appreciation
1.93%
Original Mortgage
$206,196
Outstanding Balance
$202,773
Interest Rate
6.64%
Mortgage Type
FHA
Estimated Equity
$13,499

Purchase Details

Listed on
Aug 5, 2021
Closed on
Sep 16, 2021
Sold by
Hecht John H and Hecht Annie R
Bought by
Drake Beth
Seller's Agent
Mark Vickery
Chuck Jaqua, REALTOR
Buyer's Agent
Nancy Whitney
Greenridge Cornell & Associates
List Price
$139,900
Sold Price
$158,900
Premium/Discount to List
$19,000
13.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.80%
Original Mortgage
$127,120
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2019
Sold by
Hecht John H
Bought by
Hecht John H and Hecht Annie R

Purchase Details

Closed on
Dec 29, 2009
Sold by
Scharer David and Scharer Kimberly
Bought by
Hecht John H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,500
Interest Rate
4.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2000
Sold by
Campbell Timothy and Campbell Theresa
Bought by
Scharer David and Scharer Kimberly

Purchase Details

Closed on
Jan 27, 2000
Sold by
Campbell Timothy and Campbell Theresa
Bought by
Scharer David and Scharer Kimberly

Purchase Details

Closed on
Nov 1, 1989
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
Summers Mark $210,000 None Listed On Document
Summers Mark $210,000 None Listed On Document
Drake Beth $158,900 Servicelink
Hecht John H -- None Available
Hecht John H $69,000 Chicago Portage
Scharer David $87,500 --
Scharer David $87,500 --
-- $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Summers Mark $206,196
Closed Summers Mark $206,196
Previous Owner Drake Beth $127,120
Previous Owner Hecht John H $71,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $210,000 +2.5% $162 / Sq Ft
02/03/2024 02/03/24 Pending -- -- --
01/31/2024 01/31/24 Price Changed $204,900 -2.4% $158 / Sq Ft
01/22/2024 01/22/24 For Sale $209,900 +32.1% $161 / Sq Ft
09/16/2021 09/16/21 Sold $158,900 +13.6% $122 / Sq Ft
08/06/2021 08/06/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $139,900 -- $108 / 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 $2,886 $84,000 $9,900 $74,100
2024 $2,472 $74,500 $5,900 $68,600
2023 $2,753 $65,400 $5,600 $59,800
2022 $2,472 $58,200 $5,600 $52,600
2021 $1,427 $47,800 $5,600 $42,200
2020 $1,406 $48,100 $5,600 $42,500
2019 $1,369 $41,100 $5,600 $35,500
2018 $1,334 $39,800 $5,600 $34,200
2017 $0 $34,200 $6,500 $27,700
2016 $0 $31,500 $4,800 $26,700
2015 -- $31,500 $4,800 $26,700
2014 $1,416 $30,600 $8,800 $21,800
2013 $1,416 $28,700 $7,200 $21,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24004194

Southwestern Michigan Association of REALTORS®

APN: 54-108-016-00