$206,000
SOLD AUG 22, 2025

345 E Franklin St Otsego, MI 49078

4 Beds
1 Bath
1,306 Sq Ft
0.27 Acres

Recently Sold

$158 Per Sq Ft

3% Above List Price

5 Days on Market

Highlights

  • Traditional Architecture
  • 1 Car Attached Garage
  • Patio
  • Otsego High School Rated 9+
  • Eat-In Kitchen
  • Shed

About This Home

As of August 2025

Take a look at this 4 bedroom, 1 bath home situated on a nice sized lot with a big backyard! The main level features a living room, a dining room or another sitting room, a large kitchen with lots of oak cabinets, main floor laundry & a bedroom. The upper level has 3 spacious bedrooms. Updates over the past few years include newer drywall upstairs, carpet, lighting, insulation & heating ductwork to the upper level. The full bathroom has been updated & most of the windows have been replaced as well. The refrigerator, stove, newer dishwasher & washer & dryer are included. There is a breezeway to your large 1 car garage & there is a spacious backyard for entertaining & for the kids & pets to enjoy. Schedule your showing today! RESERVED freezer, fireplace & microwave

Last Agent to Sell the Property

Becky Sheppard

Jaqua, REALTORS License #6501333375 Listed on: 07/19/2025

Jaqua, REALTORS

Last Buyer's Agent

Melisa Utz

Success Realty West Michigan License #6501416652

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,881

Year Built

  • Built in 1900

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 70x165

Parking

  • 1 Car Attached Garage
  • Front Facing Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,306 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Replacement Windows
  • Basement
  • Michigan Basement

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Shed
  • Storage Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,881

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1900
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 153.14
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 70x165
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1306.0
  • General Property Info:Main Level Primary: No
  • Tax Info:Annual Property Tax: 2881.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Windows:Replacement: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Additional Items:Ceiling Fans: Yes
  • Substructure:Michigan Basement: Yes
  • General Property Info:SqFt Above Grade: 1306.0
  • Laundry Features Main Level: Yes
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Other Structures:Storage Shed: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 4
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Michigan Basement
  • LivingArea: 1306.0
  • Window Features: Replacement
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 928.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 200000.0
  • Other Structures: Shed(s)
  • Patio and Porch Features: Patio
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Garage Faces Front, Attached
  • Parking Features Attached2: Yes
  • Parking Features:Garage Faces Front: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Main Level
  • Sewer: Public
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.27
  • Lot Size Area: 0.27
  • Lot Dimensions: 70x165
  • Lot Size Sq Ft: 11550.0

Tax Info

  • Tax Annual Amount: 2881.0
  • Tax Year: 2025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2025
Closed on
Aug 22, 2025
Sold by
Simpson Kyle D and Beck Brianna M
Bought by
Laponsie Alexandra Faustina
Seller's Agent
Becky Sheppard
Jaqua, REALTORS
Buyer's Agent
Melisa Utz
Success Realty West Michigan
List Price
$200,000
Sold Price
$206,000
Premium/Discount to List
$6,000
3%
Views
42
Current Estimated Value
$203,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,522
Avg. Annual Appreciation
-2.82%
Original Mortgage
$160,000
Outstanding Balance
$159,861
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$43,617

Purchase Details

Listed on
Jul 12, 2022
Closed on
Aug 15, 2022
Sold by
Joan Stout
Bought by
Simpson Kyle D and Beck Brianna M
Seller's Agent
Nick Breedveld
Jaqua, REALTORS
Buyer's Agent
Jessica Welton
Welton Media/Welton
List Price
$164,900
Sold Price
$165,000
Premium/Discount to List
$100
0.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.63%
Original Mortgage
$156,750
Interest Rate
5.3%
Mortgage Type
Balloon
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 Type Sale Price Title Company
Warranty Deed $206,000 Chicago Title
Warranty Deed $206,000 Chicago Title
Warranty Deed $165,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $160,000 New Conventional
Closed $160,000 New Conventional
Previous Owner $156,750 Balloon
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/22/2025 08/22/25 Sold $206,000 +3.0% $158 / Sq Ft
07/24/2025 07/24/25 Pending -- -- --
07/19/2025 07/19/25 For Sale $200,000 +21.2% $153 / Sq Ft
08/15/2022 08/15/22 Sold $165,000 +0.1% $126 / Sq Ft View Prior Sale
07/13/2022 07/13/22 Pending -- -- --
07/12/2022 07/12/22 For Sale $164,900 -- $126 / Sq Ft
Source: MichRIC

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 $2,881 $79,500 $10,600 $68,900
2024 $1,520 $68,900 $6,400 $62,500
2023 $2,369 $61,000 $6,000 $55,000
2022 $1,520 $54,400 $6,000 $48,400
2021 $1,515 $51,300 $6,000 $45,300
2020 $1,493 $51,700 $6,000 $45,700
2019 $1,453 $45,000 $6,000 $39,000
2018 $1,416 $43,200 $6,000 $37,200
2017 $0 $36,900 $6,600 $30,300
2016 $0 $34,100 $4,800 $29,300
2015 -- $34,100 $4,800 $29,300
2014 $1,235 $32,300 $8,400 $23,900
2013 $1,235 $30,500 $6,900 $23,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 25035868

MichRIC

APN: 54-108-019-00