NOT LISTED FOR SALE

348 E Morrell St Otsego, MI 49078

Estimated Value: $182,000 - $249,000

3 Beds
1 Bath
1,132 Sq Ft
$181/Sq Ft Est. Value

Last Sold December 04, 2020

Last sale price $128,750 $114 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,293/month

2 Days on Market

Highlights

  • Corner Lot: Yes
  • Bungalow
  • Replacement Windows
  • Otsego High School Rated 9+
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of December 2020

Open floor plan highlights this updated starter home in the highly desirable Otsego School District. 2/3 Bedrooms, 1 Bath, Large open kitchen and dining room area. Featuring new counters with lots of working space, sink, faucet, and appliances. New laminate flooring and paint through out. Main floor laundry with washer and dryer included. Newer roof and furnace plus a new central air (Oct. 2020). Large oversize corner lot. Conveniently located to restaurants, shopping and US 131. One Year Home Warranty Included.

Last Agent to Sell the Property

Tom Parker

Betten Real Estate License #6501226166 Listed on: 10/22/2020

Last Buyer's Agent

Rhea Terburg

Jaqua, REALTORS License #6501417481

Jaqua, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,424

Year Built

  • Built in 1870

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 104.75 x 100.
  • Corner Lot: Yes

Home Design

  • Bungalow
  • Composition Roof
  • Rubber Roof
  • Vinyl Siding

Interior Spaces

  • 1,132 Sq Ft Home
  • 1-Story Property
  • Replacement Windows
  • Low Emissivity Windows
  • Laminate Flooring
  • Range

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Crawl Space

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,424

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 1
  • Year Built: 1870
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 104.75 x 100.
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1132.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 2423.81
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Windows:Replacement: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • Substructure:Partial: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • Windows:Low Emissivity Windows: Yes
  • Substructure:Crawl Space: Yes
  • Roofing:Rubber: Yes
  • General Property Info:SqFt Above Grade: 1132.0
  • General Property Info Garage YN: No
  • Flooring:Laminate Floor: Yes
  • Architectural Style Bungalow: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Flooring: Laminate
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Crawl Space, Partial
  • LivingArea: 1132.0
  • Window Features: Low-Emissivity Windows, Replacement
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Total Basement SQFT: 448.0
  • Appliances Range: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 124900.0
  • Lot Features: Corner Lot, Sidewalk
  • Roof: Composition, Rubber
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.24
  • Lot Size Area: 0.24
  • Lot Dimensions: 104.75 x 100.
  • Lot Size Sq Ft: 10454.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2423.81
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2020
Closed on
Dec 2, 2020
Sold by
Bowman Rental Properties Llc
Bought by
Mohler Scott
Seller's Agent
Tom Parker
Betten Real Estate
Buyer's Agent
Rhea Terburg
Jaqua, REALTORS
List Price
$119,900
Sold Price
$128,750
Premium/Discount to List
$8,850
7.38%
Current Estimated Value
$204,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,017
Avg. Annual Appreciation
8.19%
Original Mortgage
$122,313
Outstanding Balance
$109,645
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$78,399

Purchase Details

Closed on
May 9, 2017
Sold by
Phillips Michael
Bought by
Bowman Rentals Llc
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
Mohler Scott $128,750 None Available
Bowman Rentals Llc $15,000 Chicago
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mohler Scott $122,313
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2020 12/04/20 Sold $128,750 +7.4% $114 / Sq Ft
10/24/2020 10/24/20 Pending -- -- --
10/22/2020 10/22/20 For Sale $119,900 -- $106 / 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 $2,483 $74,800 $14,400 $60,400
2024 $2,127 $63,500 $8,700 $54,800
2023 $2,368 $56,400 $8,200 $48,200
2022 $2,127 $50,600 $8,200 $42,400
2021 $2,120 $48,400 $8,200 $40,200
2020 $2,465 $48,800 $8,200 $40,600
2019 $2,424 $42,900 $8,200 $34,700
2018 $2,371 $38,500 $8,200 $30,300
2017 $0 $34,200 $9,400 $24,800
2016 $0 $30,900 $6,900 $24,000
2015 -- $30,900 $6,900 $24,000
2014 $1,105 $32,400 $12,900 $19,500
2013 $1,105 $29,900 $10,600 $19,300
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Tom Parker

    Betten Real Estate

    (800) 338-4650

    5 in this area

    28 Total Sales

    Tom Parker
    Section Image
  • Rhea Terburg

    Buyer's Agent in 2020

    Rhea Terburg

    Jaqua, REALTORS

    (269) 330-0998

    5 in this area

    100 Total Sales

    Rhea Terburg
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20039035

Southwestern Michigan Association of REALTORS®

APN: 54-117-010-00

Michigan Allegan County Otsego 49078

348 E Morrell St, Otsego, MI

This home is located at 348 E Morrell St, Otsego, MI 49078 since 22 October 2020 and is currently estimated at $204,767, approximately $180 per square foot. This property was built in 1870. 348 E Morrell 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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