NOT LISTED FOR SALE

339 W Franklin St Otsego, MI 49078

Estimated Value: $204,000 - $236,000

-- Bed
2 Baths
1,824 Sq Ft
$122/Sq Ft Est. Value

Last Sold September 02, 2014

Last sale price $105,100 $58 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $1,525/month

14 Days on Market

About This Home

As of September 2014

If you are looking to have someone else help pay the mortgage payment this duplex in Otsego, convenient to everything, could be for you! Home offers 2 units, both units have central air, patio with privacy fencing, separate utilities, 2 bedrooms, 1 bath, garage and washer dryer hook ups. Great location between Grand Rapids and Kalamazoo and within walking distance to library, grocery store and much more.

Last Agent to Sell the Property

Terrie Boven

RE/MAX of Kalamazoo License #6501218956 Listed on: 07/09/2014

RE/MAX of Kalamazoo

Last Buyer's Agent

Jeff Lee

Berkshire Hathaway HomeServices MI License #6502334434

Berkshire Hathaway HomeServices MI

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,202

Year Built

  • Built in 1997

Lot Details

  • 0.25 Acre Lot
  • Flag Lot

Parking

  • 6 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • Forced Air Heating System
  • Natural Gas Connected

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,202

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab

Exterior Features

  • List Price: 99900.0
  • Lot Features: Flag Lot
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Public Water
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Size Sq Ft: 10890.0

Tax Info

  • Tax Annual Amount: 2202.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2014
Closed on
Aug 22, 2014
Sold by
Fifth Third Mortgage Company
Bought by
Kalkman Jordan
Seller's Agent
Terrie Boven
RE/MAX of Kalamazoo
Buyer's Agent
Jeff Lee
Berkshire Hathaway HomeServices MI
List Price
$99,900
Sold Price
$105,100
Premium/Discount to List
$5,200
5.21%
Current Estimated Value
$216,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,941
Avg. Annual Appreciation
6.84%
Original Mortgage
$84,050
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Fifth Third Mortgage Company

Purchase Details

Closed on
Feb 6, 2014
Sold by
Crockatt Linda J
Bought by
Federal Home Loan Mortgage Corporation and Freddie Mac

Purchase Details

Closed on
Sep 5, 1996
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kalkman Jordan $105,100 Servicelink
Fifth Third Mortgage Company -- Servicelink
Federal Home Loan Mortgage Corporation $96,748 None Available
-- $14,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kalkman Jordan $142,200
Closed Kalkman Jordan $84,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2014 09/02/14 Sold $105,100 +5.2% $58 / Sq Ft
07/23/2014 07/23/14 Pending -- -- --
07/09/2014 07/09/14 For Sale $99,900 -- $55 / 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 $4,098 $99,700 $10,000 $89,700
2024 $3,530 $95,700 $6,000 $89,700
2023 $3,812 $86,800 $5,700 $81,100
2022 $3,530 $83,100 $5,700 $77,400
2021 $3,488 $77,400 $5,700 $71,700
2020 $2,954 $86,100 $5,700 $80,400
2019 $3,385 $74,300 $5,700 $68,600
2018 $3,311 $66,500 $5,700 $60,800
2017 $0 $55,500 $6,200 $49,300
2016 $0 $51,800 $4,500 $47,300
2015 -- $51,800 $4,500 $47,300
2014 $2,770 $46,300 $7,900 $38,400
2013 $2,770 $44,300 $6,500 $37,800
Source: Public Records

Agents Affiliated with this Home

  • Terrie Boven

    Seller's Agent in 2014

    Terrie Boven

    RE/MAX Michigan

    (269) 271-8038

    3 in this area

    91 Total Sales

    Section Image
  • Jeff Lee

    Buyer's Agent in 2014

    Jeff Lee

    Berkshire Hathaway HomeServices MI

    (269) 488-5342

    1 in this area

    217 Total Sales

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14038835

Southwestern Michigan Association of REALTORS®

APN: 54-022-117-00

Michigan Allegan County Otsego 49078

339 W Franklin St, Otsego, MI

This home is located at 339 W Franklin St, Otsego, MI 49078 since 09 July 2014 and is currently estimated at $222,392, approximately $121 per square foot. This property was built in 1997. 339 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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