NOT LISTED FOR SALE

342 E Franklin St Otsego, MI 49078

Estimated Value: $202,000 - $345,000

3 Beds
2 Baths
1,966 Sq Ft
$124/Sq Ft Est. Value

Last Sold October 28, 2016

Last sale price $108,000 $55 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $1,491/month

8 Days on Market

Highlights

  • Deck
  • Farmhouse Style Home
  • Gazebo
  • Otsego High School Rated 9+
  • 1 Fireplace
  • Garden

About This Home

As of October 2016

Large older home in the city. Open living space with large living room. Open kitchen with eating area for the whole family. Kitchen is 18'x20'. Main floor laundry. Deck on back of home. Fenced back yard. Room for a garden. A lot of improvements have been done.

Last Agent to Sell the Property

Nick Breedveld

Jaqua, REALTORS License #6501322081 Listed on: 08/15/2016

Jaqua, REALTORS

Last Buyer's Agent

Lisa DeLaat

Harmony Real Estate LLC License #6502103441

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,330

Year Built

  • Built in 1880

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 67x165
  • Shrub
  • Garden
  • Back Yard Fenced

Home Design

  • Farmhouse Style Home
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,966 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Basement

  • Michigan Basement
  • Partial Basement
  • Crawl Space

Outdoor Features

  • Deck
  • Gazebo
  • Shed
  • Storage Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,330

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Farmhouse
  • Stories: 2
  • Year Built: 1880
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 54.93
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 67X165
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1966.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 1330.0
  • 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
  • Substructure:Partial: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: Yes
  • Landscape:Garden Area: Yes
  • Substructure:Michigan Basement: Yes
  • Substructure:Crawl Space: Yes
  • Landscape:Flower Garden: Yes
  • General Property Info:SqFt Above Grade: 1966.0
  • General Property Info Garage YN: No
  • Fencing:Fenced Back: Yes
  • Architectural Style Farm House: Yes
  • Other Structures:Storage Shed: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Crawl Space, Michigan Basement, Partial
  • LivingArea: 1966.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 400.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Fencing: Fenced Back
  • List Price: 108000.0
  • Other Structures: Shed(s)
  • Patio and Porch Features: Deck
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Features:Gazebo: Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Natural Gas Available, Natural Gas Connected, Cable Connected, Storm Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Dimensions: 67X165
  • Lot Size Sq Ft: 10890.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1330.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2017
Sold by
Hale Christine
Bought by
Hale William J
Current Estimated Value
$244,471

Purchase Details

Listed on
Aug 15, 2016
Closed on
Oct 28, 2016
Sold by
Breedveld Karin I and Breedveld Nick J
Bought by
Hale Christine
Seller's Agent
Nick Breedveld
Jaqua, REALTORS
Buyer's Agent
Lisa DeLaat
Harmony Real Estate LLC
List Price
$105,495
Sold Price
$108,000
Premium/Discount to List
$2,505
2.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.42%
Original Mortgage
$109,848
Outstanding Balance
$88,189
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$158,088

Purchase Details

Closed on
Oct 26, 1999
Bought by
Breedveld Karin and Breedveld Nick
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
Hale William J -- None Available
Hale Christine $108,000 Title Resource Agency
Breedveld Karin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hale Christine $109,848
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2016 10/28/16 Sold $108,000 +2.4% $55 / Sq Ft
08/23/2016 08/23/16 Pending -- -- --
08/15/2016 08/15/16 For Sale $105,495 -- $54 / 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 $2,551 $95,900 $10,200 $85,700
2024 $2,185 $84,100 $6,100 $78,000
2023 $2,433 $71,600 $5,800 $65,800
2022 $2,185 $63,600 $5,800 $57,800
2021 $2,177 $59,100 $5,800 $53,300
2020 $2,146 $59,700 $5,800 $53,900
2019 $2,953 $50,900 $5,800 $45,100
2018 $2,889 $47,000 $5,800 $41,200
2017 -- $39,900 $6,300 $33,600
2016 -- $37,100 $4,600 $32,500
2015 -- $37,100 $4,600 $32,500
2014 $1,130 $34,600 $8,100 $26,500
2013 $1,130 $32,900 $6,600 $26,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 16042350

MichRIC

APN: 54-111-008-00