NOT LISTED FOR SALE

405 S Farmer St Unit 3 Otsego, MI 49078

Estimated Value: $212,000 - $236,000

-- Bed
-- Bath
2,668 Sq Ft
$83/Sq Ft Est. Value

About This Home

This home is located at 405 S Farmer St Unit 3, Otsego, MI 49078 and is currently estimated at $221,423, approximately $82 per square foot. 405 S Farmer St Unit 3 is a home located in Allegan County with nearby schools including Otsego High School, Otsego Christian Academy, and St. Margaret School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2021
Sold by
Grissom Cheryl and Grissom James G
Bought by
Lynch Micah
Current Estimated Value
$221,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,003
Outstanding Balance
$144,807
Interest Rate
3.01%
Mortgage Type
FHA
Estimated Equity
$76,616

Purchase Details

Closed on
Mar 10, 2003
Sold by
Vanderhoff Richard W and Vanderhoff Susan K
Bought by
Avery Cheryl and Grissom James G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,600
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 14, 1995

Purchase Details

Closed on
Aug 22, 1981
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Lynch Micah $159,900 Metro Advantage Title
Avery Cheryl $127,000 Devon Title Agency
-- $92,000 --
-- $48,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynch Micah $157,003
Previous Owner Avery Cheryl $101,600
Source: Public Records

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 $5,530 $117,300 $12,500 $104,800
2024 $4,769 $102,700 $7,500 $95,200
2023 $5,193 $93,600 $7,100 $86,500
2022 $4,769 $89,400 $7,100 $82,300
2021 $3,035 $82,500 $7,100 $75,400
2020 $2,999 $81,700 $7,100 $74,600
2019 $2,955 $68,300 $7,100 $61,200
2018 $2,897 $61,000 $7,100 $53,900
2017 $0 $50,800 $7,800 $43,000
2016 $0 $46,700 $5,600 $41,100
2015 -- $46,700 $5,600 $41,100
2014 $3,097 $43,500 $9,900 $33,600
2013 $3,097 $41,400 $8,200 $33,200
Source: Public Records

Map

Michigan Allegan County Otsego 49078

405 S Farmer St Unit 3, Otsego, MI

This home is located at 405 S Farmer St Unit 3, Otsego, MI 49078 and is currently estimated at $221,423, approximately $82 per square foot. 405 S Farmer St Unit 3 is a home located in Allegan County with nearby schools including Otsego High School, Otsego Christian Academy, and St. Margaret School.

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