NOT LISTED FOR SALE

329 W Franklin St Otsego, MI 49078

Estimated Value: $189,000 - $241,000

3 Beds
1 Bath
1,900 Sq Ft
$114/Sq Ft Est. Value

Last Sold March 27, 2020

Last sale price $140,000 $74 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,449/month

7 Days on Market

Highlights

  • Farmhouse Style Home
  • Detached Garage
  • Cooling System Mounted In Outer Wall Opening
  • Whirlpool Bathtub
  • Porch
  • Shed

About This Home

As of March 2020

The word that comes to mind for this 2-Story farmhouse is space!! Whether it is the 1900 square feet you will enjoy inside, the 30 x 40 garage/outbuilding, or the 12 x 12 storage shed; there is plenty of room.
Brand new appliances as of 2019 in the kitchen. Dining room, living room, and a bonus room accompany the master bedroom and a spacious main floor bathroom with a separate jetted tub and shower. Two more bedrooms are upstairs and all 3 bedrooms are a good size. Outside features a fire pit, black raspberry bushes and a garden area. All of this and within walking distance to Otsego Schools.

Last Agent to Sell the Property

Seth Dugan

Berkshire Hathaway HomeServices MI License #6501423473 Listed on: 02/24/2020

Berkshire Hathaway HomeServices MI

Last Buyer's Agent

Ryan Lipinski

Keller Williams GR East License #6501399892

Keller Williams GR East

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,545

Year Built

  • Built in 1891

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 66 x 165
  • Shrub
  • Garden

Home Design

  • Farmhouse Style Home
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,900 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Basement
  • Michigan Basement
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom
  • Whirlpool Bathtub

Parking

  • Detached Garage
  • Unpaved Driveway

Outdoor Features

  • Shed
  • Storage Shed
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,545

Year Built

Built in 1891

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Farmhouse
  • Stories: 2
  • Year Built: 1891
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 66 x 165
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1900.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 1545.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Natural Gas: Yes
  • Air Conditioning:Wall Unit(s): Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Cable2: Yes
  • General Property Info:Fireplace: Yes
  • Additional Items:Ceiling Fans: Yes
  • Water Heater:Natural Gas4: Yes
  • Landscape:Garden Area: Yes
  • Substructure:Michigan Basement: Yes
  • Additional Items:Whirlpool Tub: Yes
  • General Property Info:SqFt Above Grade: 1900.0
  • General Property Info Garage YN: Yes
  • Architectural Style Farm House: Yes
  • Other Structures:Storage Shed: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Whirlpool Tub, Pantry
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Michigan Basement
  • LivingArea: 1900.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 300.0
  • Kitchen Features Pantry: Yes
  • Fireplace:Living: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 144900.0
  • Lot Features: Sidewalk
  • Other Structures: Shed(s)
  • Patio and Porch Features: Porch(es)
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Patio and Porch Features:Porch(es): Yes

Garage/Parking

  • Attached Garage: No
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Natural Gas Available, Cable Available, Natural Gas Connected, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Dimensions: 66 x 165
  • Lot Size Sq Ft: 10890.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1545.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2020
Closed on
Mar 27, 2020
Sold by
Reeves Laura A
Bought by
Worden Jacob
Seller's Agent
Seth Dugan
Berkshire Hathaway HomeServices MI
Buyer's Agent
Ryan Lipinski
Keller Williams GR East
List Price
$144,900
Sold Price
$140,000
Premium/Discount to List
-$4,900
-3.38%
Current Estimated Value
$213,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,615
Avg. Annual Appreciation
8.50%
Original Mortgage
$135,800
Outstanding Balance
$121,082
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$96,019

Purchase Details

Closed on
Feb 27, 2008
Sold by
Town Raymond
Bought by
Town Raymond and The Raymond Town Living Revoca

Purchase Details

Closed on
Jun 21, 2006
Sold by
Reeves Laura A and Canfield Slumkoski Laura Anne
Bought by
Reeves Laura A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,300
Interest Rate
6.68%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 9, 1993
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
Worden Jacob $140,000 None Available
Town Raymond -- None Available
Reeves Laura A -- First American
-- $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Worden Jacob $135,800
Previous Owner Reeves Laura A $48,389
Previous Owner Reeves Laura A $12,300
Previous Owner Reeves Laura A $53,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2020 03/27/20 Sold $140,000 -3.4% $74 / Sq Ft
03/02/2020 03/02/20 Pending -- -- --
02/24/2020 02/24/20 For Sale $144,900 -- $76 / 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 $3,347 $98,000 $10,000 $88,000
2024 $2,866 $88,100 $6,000 $82,100
2023 $3,192 $78,000 $5,700 $72,300
2022 $2,866 $69,500 $5,700 $63,800
2021 $2,856 $65,400 $5,700 $59,700
2020 $1,633 $60,500 $5,700 $54,800
2019 $1,589 $51,800 $5,700 $46,100
2018 $1,548 $46,800 $5,700 $41,100
2017 $0 $39,900 $6,200 $33,700
2016 $0 $37,200 $4,500 $32,700
2015 -- $37,200 $4,500 $32,700
2014 $1,489 $35,100 $8,200 $26,900
2013 $1,489 $33,400 $6,800 $26,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20002842

Southwestern Michigan Association of REALTORS®

APN: 54-022-114-00