NOT LISTED FOR SALE

371 W Franklin St Otsego, MI 49078

Estimated Value: $162,000 - $247,000

2 Beds
1 Bath
816 Sq Ft
$235/Sq Ft Est. Value

Last Sold December 26, 2019

Last sale price $112,000 $137 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,247/month

3 Days on Market

Highlights

  • 1 Car Attached Garage
  • Forced Air Heating System
  • Replacement Windows
  • Otsego High School Rated 9+
  • High Speed Internet
  • 1-Story Property

About This Home

As of December 2019

This adorable home is move in ready! Sellers had Life Flooring installed and professionals freshly painted the interior with modern colors. Nice deep yard with storage shed. Partial Basement, newer furnace. Don't miss the opportunity to see this one!

Last Agent to Sell the Property

Candace Dunham

Welcome Home Real Estate LLC License #6502375352 Listed on: 11/08/2019

Last Buyer's Agent

Troy D. McKenney

Five Star Real Estate

Five Star Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,859

Year Built

  • Built in 1920

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 50 x 175

Parking

  • 1 Car Attached Garage

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 816 Sq Ft Home
  • 1-Story Property
  • Replacement Windows
  • Partial Basement
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • High Speed Internet

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,859

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1920
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50 x 175
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 816.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 1859.2
  • Tax Info:Zoning3: residential
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Windows:Replacement: Yes
  • Heat Source:Natural Gas3: Yes
  • Substructure:Partial: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • General Property Info:Fireplace: No
  • General Property Info:SqFt Above Grade: 816.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Partial
  • LivingArea: 816.0
  • Window Features: Replacement
  • General Property Info:Stories2: 1.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 112527.0
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

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

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Natural Gas Connected, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Dimensions: 50 x 175
  • Lot Size Sq Ft: 8712.0
  • Zoning Description: residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1859.2
  • Tax Year: 9999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2019
Closed on
Dec 26, 2019
Sold by
Elkins Sean
Bought by
Cornstubble Ashley
Seller's Agent
Candace Dunham
Welcome Home Real Estate LLC
Buyer's Agent
Troy D. McKenney
Five Star Real Estate
List Price
$112,527
Sold Price
$112,000
Premium/Discount to List
-$527
-0.47%
Current Estimated Value
$191,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,823
Avg. Annual Appreciation
8.70%
Original Mortgage
$113,131
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 24, 2017
Closed on
Aug 18, 2017
Sold by
Devereaux James
Bought by
Elkins Sean
Seller's Agent
Mark Doorlag
Doorlag Realty Company
Buyer's Agent
Candace Dunham
Welcome Home Real Estate LLC
List Price
$94,900
Sold Price
$90,000
Premium/Discount to List
-$4,900
-5.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.71%
Original Mortgage
$90,909
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 27, 2017
Closed on
May 26, 2017
Sold by
United States Of America
Bought by
Devereaux James
Seller's Agent
Dave V'dovick
Independence Realty (Belmont)
Buyer's Agent
Mark Doorlag
Doorlag Realty Company
List Price
$61,450
Sold Price
$58,500
Premium/Discount to List
-$2,950
-4.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
550.76%

Purchase Details

Closed on
Feb 18, 2016
Sold by
Wright Ann M
Bought by
Usda Rural Development

Purchase Details

Closed on
Jun 14, 2000
Sold by
Peloquin Larry and Peloquin Lori
Bought by
Wright Ann

Purchase Details

Closed on
Mar 22, 1996
Sold by
Peloquin Brokus and Peloquin Larry

Purchase Details

Closed on
Jan 10, 1996
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
Cornstubble Ashley $112,000 Chicago
Elkins Sean $90,000 Nations Title Agency
Devereaux James -- Attorney
Usda Rural Development $32,885 Attorney
Wright Ann $84,000 --
-- $69,500 --
-- $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cornstubble Ashley $113,131
Previous Owner Elkins Sean $90,909
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/26/2019 12/26/19 Sold $112,000 -0.5% $137 / Sq Ft
11/11/2019 11/11/19 Pending -- -- --
11/08/2019 11/08/19 For Sale $112,527 +25.0% $138 / Sq Ft
08/17/2017 08/17/17 Sold $90,000 -5.2% $110 / Sq Ft
07/11/2017 07/11/17 Pending -- -- --
06/24/2017 06/24/17 For Sale $94,900 +62.2% $116 / Sq Ft
05/26/2017 05/26/17 Sold $58,500 -4.8% $72 / Sq Ft
05/10/2017 05/10/17 Pending -- -- --
03/27/2017 03/27/17 For Sale $61,450 -- $75 / 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 $2,757 $79,800 $7,700 $72,100
2024 $2,271 $71,200 $4,600 $66,600
2023 $2,528 $62,300 $4,400 $57,900
2022 $2,271 $55,300 $4,400 $50,900
2021 $2,263 $51,700 $4,400 $47,300
2020 $2,270 $51,900 $4,400 $47,500
2019 $1,908 $44,000 $4,400 $39,600
2018 $1,859 $42,900 $4,400 $38,500
2017 $0 $36,300 $5,000 $31,300
2016 $0 $33,700 $3,700 $30,000
2015 -- $33,700 $3,700 $30,000
2014 $1,571 $31,300 $6,900 $24,400
2013 $1,571 $29,700 $5,600 $24,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19054165

Southwestern Michigan Association of REALTORS®

APN: 54-400-033-00