NOT LISTED FOR SALE

329 E Morrell St Otsego, MI 49078

Estimated Value: $195,057 - $223,000

-- Bed
1 Bath
1,620 Sq Ft
$128/Sq Ft Est. Value

Last Sold June 22, 2022

Last sale price $165,000 $102 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,458/month

65 Days on Market

Highlights

  • Cooling Available
  • Otsego High School Rated 9+
  • Forced Air Heating System

About This Home

As of June 2022

Home is back on the market due to buyer financing falling through. Well maintained duplex in the City of Otsego within walking distance to restaurants, parks and ice cream! Appliances included in each unit; refrigerator, range and no need to go to the laundromat as each unit also has its own washer and dryer. All separate utilities are paid for by tenants.

Last Agent to Sell the Property

Gary Sausaman

Berkshire Hathaway HomeServices MI License #6501375657 Listed on: 06/02/2022

Berkshire Hathaway HomeServices MI

Last Buyer's Agent

Joshua Heyboer

Keller Williams GR East

Keller Williams GR East

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,641

Year Built

  • Built in 1977

Lot Details

  • 10,454 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Slab Foundation
  • Composition Roof

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Window Unit Heating System
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, water, sewer, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,641

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab

Exterior Features

  • List Price: 189900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected, Telephone Line, Public Water, Public Sewer, Broadband

Lot Info

  • Lot Size Acres: 0.24
  • Lot Size Area: 0.24
  • Lot Size Sq Ft: 10454.0
  • Zoning Description: 401 Res - Imp
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2641.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2022
Closed on
Jun 22, 2022
Sold by
Sanchez David M
Bought by
Minegar Mark and Minegar Susan
Seller's Agent
Gary Sausaman
Berkshire Hathaway HomeServices MI
Buyer's Agent
Joshua Heyboer
Keller Williams GR East
List Price
$199,900
Sold Price
$165,000
Premium/Discount to List
-$34,900
-17.46%
Current Estimated Value
$207,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,014
Avg. Annual Appreciation
6.66%

Purchase Details

Listed on
Sep 2, 2015
Closed on
Jan 26, 2016
Sold by
Brokus Angela and Thurston Angela
Bought by
Sanchez David M
Seller's Agent
Jorene Morrow
Jaqua, REALTORS
Buyer's Agent
Jorene Morrow
Jaqua, REALTORS
List Price
$109,900
Sold Price
$90,000
Premium/Discount to List
-$19,900
-18.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.92%
Original Mortgage
$67,500
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2007
Sold by
Leve Cynthia Ann and Mitchell Cynthia Ann
Bought by
Thurston Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,377
Interest Rate
6.47%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 2, 1998
Sold by
Hodge Walter A
Bought by
Mitchell Cynthia

Purchase Details

Closed on
Mar 4, 1998
Sold by
Hodge Walter A
Bought by
Mitchell Cynthia Ann

Purchase Details

Closed on
Dec 18, 1996

Purchase Details

Closed on
Dec 1, 1996
Sold by
Clapp Geoffrey E and Clapp Linda J
Bought by
Hodge Walter A and Mitchell Cynt
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Minegar Mark $165,000 None Listed On Document
Sanchez David M $90,000 None Available
Thurston Angela $105,000 None Available
Mitchell Cynthia -- --
Mitchell Cynthia Ann -- --
-- $68,000 --
Hodge Walter A $67,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sanchez David M $67,500
Previous Owner Thurston Angela $103,377
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/22/2022 06/22/22 Sold $165,000 -13.1% $102 / Sq Ft
06/11/2022 06/11/22 Pending -- -- --
06/10/2022 06/10/22 Price Changed $189,900 -5.0% $117 / Sq Ft
06/02/2022 06/02/22 For Sale $199,900 0.0% $123 / Sq Ft
05/01/2022 05/01/22 Pending -- -- --
04/07/2022 04/07/22 For Sale $199,900 +122.1% $123 / Sq Ft
01/26/2016 01/26/16 Sold $90,000 -18.1% $56 / Sq Ft View Prior Sale
12/23/2015 12/23/15 Pending -- -- --
09/02/2015 09/02/15 For Sale $109,900 -- $68 / 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 $4,486 $86,600 $9,900 $76,700
2024 $2,672 $76,800 $5,900 $70,900
2023 $3,486 $67,300 $5,600 $61,700
2022 $2,672 $63,900 $5,600 $58,300
2021 $2,641 $60,000 $5,600 $54,400
2020 $2,606 $60,400 $5,600 $54,800
2019 $2,563 $51,300 $5,600 $45,700
2018 $2,507 $46,300 $5,600 $40,700
2017 $0 $39,500 $6,500 $33,000
2016 $0 $36,600 $4,800 $31,800
2015 -- $36,600 $4,800 $31,800
2014 $1,679 $34,700 $8,800 $25,900
2013 $1,679 $32,800 $7,200 $25,600
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2022

    Gary Sausaman

    Berkshire Hathaway HomeServices MI

    (269) 217-4658

    10 in this area

    61 Total Sales

    Gary Sausaman
    Section Image
  • Joshua Heyboer

    Buyer's Agent in 2022

    Joshua Heyboer

    Keller Williams GR East

    (616) 446-4067

    2 in this area

    118 Total Sales

    Joshua Heyboer
    Section Image

  • J

    Seller's Agent in 2016

    Jorene Morrow

    Jaqua, REALTORS

    (269) 685-6858

    2 in this area

    27 Total Sales

    Jorene Morrow
    Section Image
See All Agents

Map

Source: MichRIC

MLS Number: 22011523

MichRIC

APN: 54-111-015-00

Michigan Allegan County Otsego 49078

329 E Morrell St, Otsego, MI

Not Listed for Sale

MultiFamily

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.

MichRIC Information is deemed reliable but not guaranteed.
Copyright 2025 MichRIC, LLC. All rights reserved.

Nearby Homes