NOT LISTED FOR SALE

363 Garfield St Otsego, MI 49078

Estimated Value: $114,000 - $175,000

2 Beds
1 Bath
838 Sq Ft
$165/Sq Ft Est. Value

Last Sold August 04, 2020

Last sale price $58,500 $70 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $950/month

14 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating System
  • Ground Level Unit
  • 1 Car Detached Garage

About This Home

As of August 2020

2 bedrooms, 1 bath with basement. With detached garage and more. Repairs ate needed but still has great
potential. Make an offer today.

Last Agent to Sell the Property

Summer Frazier

Realhome Services and Solutions Inc License #6502405342 Listed on: 06/23/2020

Last Buyer's Agent

Non Participant

Non Realcomp Office License #RCO

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1942

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 66.00x120.00

Parking

  • 1 Car Detached Garage

Home Design

  • 838 Sq Ft Home
  • Ranch Style House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association
  • Raven's Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5470006100

Home Details

Home Type

Single Family

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1942
  • State Equalized Value: 27800.0000
  • Entry Location: Ground Level
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Type: Unfinished
  • Sq Ft Combined: 838
  • Total Sq Ft: 838

Exterior Features

  • Foundation Details: Michigan Basement
  • Construction Materials: Aluminum
  • Frontage Feet: 66
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Otsego

Lot Info

  • List Price per Acre: 346855.5556
  • Lot Size Area: 0.18
  • Lot Dimensions: 66.00X120.00
  • Parcel Number: 5470006100

Tax Info

  • Tax Amount Summer: 13668.0000
  • Tax Amount Winter: 13668.0000
  • Total Tax: 27336.0000
  • Taxable Value: 26828.0000

MLS Schools

  • School District: Otsego

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2021
Sold by
Michele Smith
Bought by
Smith Jessie
Current Estimated Value
$142,889

Purchase Details

Listed on
Jun 23, 2020
Closed on
Jul 30, 2020
Sold by
Duetsche Bank National Trust Company
Bought by
Smith Michelle
Seller's Agent
Summer Frazier
Realhome Services and Solutions Inc
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$62,434
Sold Price
$58,500
Premium/Discount to List
-$3,934
-6.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.53%

Purchase Details

Closed on
May 6, 2019
Sold by
Orejel Jose and Orejel Lillian
Bought by
Indmac Indx Mortgage Loan Trust and Deutsche Bank National Trust Company

Purchase Details

Closed on
Apr 7, 2006
Sold by
Florian George
Bought by
Orejel Jose and Orejel Lillian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 22, 2005
Sold by
March Bethney D and Bos Bethney D
Bought by
Florian George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
9.5%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 3, 1996

Purchase Details

Closed on
Oct 3, 1991
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
Smith Jessie -- None Listed On Document
Smith Michelle $58,500 None Available
Indmac Indx Mortgage Loan Trust $81,053 None Available
Orejel Jose $110,000 Chicago Title
Florian George $100,000 Chicago Title
-- $64,000 --
-- $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Orejel Jose $88,000
Previous Owner Orejel Jose $11,000
Previous Owner Florian George $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2020 08/04/20 Sold $58,500 -6.3% $70 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
06/23/2020 06/23/20 For Sale $62,434 -- $75 / Sq Ft
Source: Realcomp

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 $1,936 $54,900 $9,600 $45,300
2024 $1,568 $45,500 $5,800 $39,700
2023 $1,745 $39,500 $5,400 $34,100
2022 $1,568 $36,700 $5,400 $31,300
2021 $1,449 $32,900 $5,400 $27,500
2020 $1,207 $31,800 $5,400 $26,400
2019 $1,657 $27,800 $5,400 $22,400
2018 $1,621 $26,200 $5,400 $20,800
2017 $0 $26,100 $8,300 $17,800
2016 $0 $29,900 $7,300 $22,600
2015 -- $29,900 $7,300 $22,600
2014 $1,769 $30,000 $8,300 $21,700
2013 $1,769 $28,700 $7,800 $20,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200046942

Realcomp

APN: 54-700-061-00