NOT LISTED FOR SALE

401 E Allegan St Otsego, MI 49078

Estimated Value: $186,000 - $226,000

4 Beds
2 Baths
1,534 Sq Ft
$137/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $112,000 $73 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $1,408/month

55 Days on Market

Highlights

  • Farmhouse Style Home
  • 2 Car Detached Garage
  • Replacement Windows
  • Corner Lot: Yes
  • Forced Air Heating System

About This Home

As of March 2021

401 E Allegan St Otsego MI 49078 4 bed 2 bath home for sale with nice detached garage. Buyer to verify all data.Clients may see all data & schedule showings at www.RichardStewart.com or call Richard Stewart 269-345-7000 REO Specialists llc

Last Agent to Sell the Property

Richard Stewart

REO Specialists, L.L.C. License #6502431179 Listed on: 01/15/2021

Last Buyer's Agent

Shelly Pattison

RE/MAX Advantage License #6501250397

RE/MAX Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,371

Year Built

  • Built in 1891

Lot Details

  • 0.48 Acre Lot
  • Corner Lot: Yes
  • Property is zoned R-B, R-B

Parking

  • 2 Car Detached Garage

Home Design

  • Farmhouse Style Home
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,534 Sq Ft Home
  • 2-Story Property
  • Replacement Windows
  • Partial Basement
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,371

Year Built

Built in 1891

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Farmhouse
  • Stories: 2
  • Year Built: 1891
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1534.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 2370.54
  • Tax Info:Zoning3: R-B
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Windows:Replacement: Yes
  • Heat Source:Natural Gas3: Yes
  • Substructure:Partial: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • General Property Info:Fireplace: No
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1534.0
  • General Property Info Garage YN: Yes
  • Architectural Style Farm House: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 4
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Partial
  • LivingArea: 1534.0
  • Window Features: Replacement
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 812.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 92500.0
  • Lot Features: Corner Lot
  • Roof: Composition
  • 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: 0.48
  • Lot Size Area: 0.48
  • Lot Dimensions: 132
  • Lot Size Sq Ft: 20822.0
  • Zoning Description: R-B
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2370.54
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2021
Closed on
Mar 30, 2021
Sold by
U S Bank National Association
Bought by
Jacob Chad
Seller's Agent
Richard Stewart
REO Specialists, L.L.C.
Buyer's Agent
Shelly Pattison
RE/MAX Advantage
List Price
$99,500
Sold Price
$112,000
Premium/Discount to List
$12,500
12.56%
Current Estimated Value
$200,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,799
Avg. Annual Appreciation
13.49%

Purchase Details

Closed on
Jul 2, 2020
Sold by
King Dean F and King Patricia A
Bought by
Us Bank National Association

Purchase Details

Closed on
Apr 23, 2020
Sold by
King Patricia A and King Dean F
Bought by
Robert Hicks Investments Llc and Hicks Real Estate Investments

Purchase Details

Closed on
Sep 11, 1974
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
Jacob Chad $112,000 None Available
Us Bank National Association $95,135 None Available
Robert Hicks Investments Llc -- None Available
-- $27,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $112,000 +12.6% $73 / Sq Ft
03/11/2021 03/11/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $99,500 -- $65 / 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 $3,712 $104,100 $18,800 $85,300
2024 $3,179 $89,200 $11,300 $77,900
2023 $3,540 $80,000 $10,700 $69,300
2022 $3,179 $75,000 $10,700 $64,300
2021 $2,933 $67,200 $10,700 $56,500
2020 $2,371 $60,400 $10,700 $49,700
2019 $2,331 $55,900 $10,700 $45,200
2018 $2,280 $47,500 $10,700 $36,800
2017 $0 $47,300 $13,600 $33,700
2016 $0 $40,900 $12,300 $28,600
2015 -- $40,900 $12,300 $28,600
2014 $1,726 $37,700 $13,600 $24,100
2013 $1,726 $34,700 $11,300 $23,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21001442

Southwestern Michigan Association of REALTORS®

APN: 54-651-005-00