NOT LISTED FOR SALE

365 W Morrell St Otsego, MI 49078

Estimated Value: $118,000 - $204,000

Studio
2 Baths
1,139 Sq Ft
$133/Sq Ft Est. Value

Sale Details

Date Sold: July 27, 2018

Last sale price $55,000 $48 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $962 / mo

About This Home

As of July 2018

Great Opportunity to own a duplex in Otsego. Each Unit offers 1 bedroom/1 bath, Living room, kitchen with stove and fridge. Easy Maintenance. Owner pays gas, water & garbage.

Last Agent to Sell the Property

Jorene Morrow

Jaqua, REALTORS License #6501280990 Listed on: 07/16/2018

Jaqua, REALTORS

Last Buyer's Agent

Michael Reijonen

Michigan Lifestyle Properties / Gull Lake Realty License #6501323494

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,200

Year Built

  • Built in 1950

Lot Details

  • 6,969 Sq Ft Lot
  • Lot Dimensions are 50x140

Parking

  • 2 Parking Spaces

Home Design

  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Internet Available
  • Phone Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for water, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,200

Year Built

Built in 1950

Lot Details

6,969 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1950
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50X140
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 1200.0
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Substructure:Slab: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab

Exterior Features

  • List Price: 64900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected, Telephone Line, Public Water, Public Sewer, Broadband

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Sq Ft: 6969.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1200.0
  • Tax Year: 2017

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2018
Closed on
Jul 27, 2018
Sold by
Bought by
Seller's Agent
Jorene Morrow
Jaqua, REALTORS
Buyer's Agent
Michael Reijonen
Michigan Lifestyle Properties / Gull Lake Realty
List Price
$64,900
Sold Price
$55,000
Premium/Discount to List
-$9,900
-15.25%
Current Estimated Value
$150,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,998
Avg. Annual Appreciation
13.53%

Purchase Details

Closed on
Dec 23, 2014
Sold by
Bought by

Purchase Details

Listed on
Jul 23, 2014
Closed on
Sep 19, 2014
Sold by
Bought by
Seller's Agent
Mark DeLavern
Berkshire Hathaway HomeServices MI
Buyer's Agent
Jorene Morrow
Jaqua, REALTORS
List Price
$49,900
Sold Price
$45,000
Premium/Discount to List
-$4,900
-9.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.78%

Purchase Details

Closed on
Apr 24, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,149
Interest Rate
4.57%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 3, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2004
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/27/2018 07/27/18 Sold $55,000 -15.3% $48 / Sq Ft
07/16/2018 07/16/18 Pending -- -- --
07/16/2018 07/16/18 For Sale $64,900 +44.2% $57 / Sq Ft
09/19/2014 09/19/14 Sold $45,000 -9.8% $40 / Sq Ft View Prior Sale
09/08/2014 09/08/14 Pending -- -- --
07/23/2014 07/23/14 For Sale $49,900 -- $44 / Sq Ft
Source: MichRIC

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jorene Morrow

    Jaqua, REALTORS

    (269) 685-6858

    26 Total Sales

    Jorene Morrow
    Section Image

  • M

    Buyer's Agent in 2018

    Michael Reijonen

    Michigan Lifestyle Properties / Gull Lake Realty

    (269) 615-3476

    13 Total Sales

    Michael Reijonen
    Section Image

  • M

    Seller's Agent in 2014

    Mark DeLavern

    Berkshire Hathaway HomeServices MI

    (269) 998-4833

    127 Total Sales

    Mark DeLavern
    Section Image
  • Theresa Kisinger-DeLavern

    Seller Co-Listing Agent in 2014

    Theresa Kisinger-DeLavern

    Berkshire Hathaway HomeServices MI

    (269) 491-3393

    123 Total Sales

    Theresa Kisinger-DeLavern
    Section Image
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Map

Source: MichRIC

MLS Number: 18033448

MichRIC

APN: 54-400-068-00

Michigan Allegan County Otsego 49078

365 W Morrell St, Otsego, MI

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MichRIC Information is deemed reliable but not guaranteed.
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