NOT LISTED FOR SALE

351 W Allegan St Otsego, MI 49078

Estimated Value: $175,000 - $202,000

4 Beds
1 Bath
1,550 Sq Ft
$123/Sq Ft Est. Value

Last Sold August 16, 2016

Last sale price $91,000 $59 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $1,172/month

41 Days on Market

Highlights

  • Recreation Room
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Otsego High School Rated 9+
  • Living Room
  • Dining Area

About This Home

As of August 2016

This home is located in the heart of downtown Otsego and offers plenty of space with 4 bedrooms and 1 bathroom. 2 bedrooms are on the main floor along with a spacious main floor laundry room. Off the back of the house is a fenced in yard that leads to a 2 car garage with plenty of space for extra storage.

Last Agent to Sell the Property

Mindy Burch

Michigan Real Estate Services, Inc. Listed on: 05/07/2016

Co-Listed By

Sarah Barnes

Live Local Properties

Last Buyer's Agent

Martha Eason

Jaqua, REALTORS License #6501338372

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,192

Year Built

  • Built in 1931

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 70x158

Parking

  • 2 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,550 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Area
  • Recreation Room
  • Basement
  • Michigan Basement

Kitchen

  • Oven
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,192

Year Built

Built in 1931

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Other
  • Stories: 2
  • Year Built: 1931
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 70x158
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1550.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 1192.0
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Appliances Microwave: Yes
  • Substructure:Michigan Basement: Yes
  • General Property Info:SqFt Above Grade: 1550.0
  • General Property Info Garage YN: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Microwave, Oven, Refrigerator, Washer
  • Fireplace: No
  • Total Bedrooms: 4
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Michigan Basement
  • LivingArea: 1550.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 432.0
  • Appliances:Oven: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 89900.0
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.28
  • Lot Size Area: 0.28
  • Lot Dimensions: 70x158
  • Lot Size Sq Ft: 12196.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1192.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2016
Closed on
Aug 16, 2016
Sold by
Billman Michael and Billman Christina
Bought by
Rathe Kory
Seller's Agent
Mindy Burch
Michigan Real Estate Services, Inc.
Buyer's Agent
Martha Eason
Jaqua, REALTORS
List Price
$89,900
Sold Price
$91,000
Premium/Discount to List
$1,100
1.22%
Current Estimated Value
$190,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,339
Avg. Annual Appreciation
8.53%
Original Mortgage
$93,573
Outstanding Balance
$75,301
Interest Rate
3.41%
Mortgage Type
New Conventional
Estimated Equity
$116,601

Purchase Details

Closed on
Oct 31, 2005
Sold by
Atwood Denise and Atwood Damian
Bought by
Billman Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,640
Interest Rate
5.89%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 23, 1997
Sold by
Atwood Denise
Bought by
Atwood Damian and Atwood Denise

Purchase Details

Closed on
Apr 15, 1997
Bought by
Federal National Mortgage Asso

Purchase Details

Closed on
Apr 18, 1996
Sold by
Watts Douglas J
Bought by
Ge Capital Mortgage Service
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
Rathe Kory $91,000 Chicago Title
Billman Michael $88,000 Chicago Title
Atwood Damian -- --
Federal National Mortgage Asso $56,000 --
Ge Capital Mortgage Service $56,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rathe Kory $93,573
Previous Owner Billman Michael $86,640
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2016 08/16/16 Sold $91,000 +1.2% $59 / Sq Ft
06/17/2016 06/17/16 Pending -- -- --
05/07/2016 05/07/16 For Sale $89,900 -- $58 / 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 $1,943 $75,200 $9,600 $65,600
2024 $1,666 $64,600 $5,800 $58,800
2023 $1,854 $58,100 $5,500 $52,600
2022 $1,666 $54,200 $5,500 $48,700
2021 $1,660 $48,300 $5,500 $42,800
2020 $1,636 $43,200 $5,500 $37,700
2019 $1,592 $40,800 $5,500 $35,300
2018 $1,551 $35,700 $5,500 $30,200
2017 $0 $36,000 $8,300 $27,700
2016 $0 $32,900 $9,300 $23,600
2015 -- $32,900 $9,300 $23,600
2014 $1,484 $29,800 $9,900 $19,900
2013 $1,484 $27,800 $8,500 $19,300
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Mindy Burch

    Michigan Real Estate Services, Inc.

  • S

    Seller Co-Listing Agent in 2016

    Sarah Barnes

    Live Local Properties

    (269) 806-4741

    6 in this area

    55 Total Sales

    Sarah Barnes
    Section Image

  • M

    Buyer's Agent in 2016

    Martha Eason

    Jaqua, REALTORS

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16015985

Southwestern Michigan Association of REALTORS®

APN: 54-022-078-00

Michigan Allegan County Otsego 49078

351 W Allegan St, Otsego, MI

This home is located at 351 W Allegan St, Otsego, MI 49078 since 07 May 2016 and is currently estimated at $190,339, approximately $122 per square foot. This property was built in 1931. 351 W Allegan 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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