NOT LISTED FOR SALE

407 W Franklin St Otsego, MI 49078

Otsego Neighborhood

Estimated Value: $184,000 - $284,000

4 Beds
1.5 Baths
2,467 Sq Ft
$90/Sq Ft Est. Value

Last Sold November 22, 2021

Last sale price $175,000 $71 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,517/month

13 Days on Market

Highlights

  • Traditional Architecture
  • 1 Car Garage
  • High Speed Internet
  • Forced Air Heating and Cooling System

About This Home

As of November 2021

Solid 2-story home on large corner lot in the City of Otsego. Located conveniently between Grand Rapids and Kalamazoo, this home features four spacious bedrooms and living space with lots of natural light. Large entry way leads into roomy living and dining rooms. Good-sized kitchen with reverse osmosis system . Home is Situated close to shopping, schools and Otsego's renown library. Attached garage boasts back workshop suitable for all of your projects. Situated in a quiet neighborhood, this well-built home will not stay on the market long. Seller is having estate sale on September 16 and 17. Roof installed November 2020. Potential buyers are welcome to walk through during the sale. Showings will begin on September 18.

Last Listed By

Cyndi Trobeck

Cornell & Associates License # 6505356385 Listed on: 09/15/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,135

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 75x165

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,135

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1940
  • ResoPropertyType: Residential
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style:Traditional: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Interior Amenities: Garage Door Opener
  • Fireplace: No
  • Total Bedrooms: 4
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 2467.0
  • Basement Rooms:Basement Finished SQFT: 868.0
  • Basement Rooms:Total Basement SQFT: 948.0
  • Appliances Range: Yes
  • Below Grade Sq Ft: 868.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 170000.0
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Garage Spaces: 1.0
  • Garage: Yes
  • Additional Items:Garage Door Opener: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Cable Connected, Storm Sewer, Broadband
  • Water Source: Public

Lot Info

  • Lot Dimensions: 75x165
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2135.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2021
Closed on
Nov 22, 2021
Sold by
Revocable Liv Tr Of Russell & Sharon Cul
Bought by
Aggart Logan and Ritchie Cassandra
Seller's Agent
Cyndi Trobeck
Cornell & Associates
Buyer's Agent
Heidi Strimback
Barry County Real Estate
List Price
$170,000
Sold Price
$175,000
Premium/Discount to List
$5,000
2.94%
Total Days on Market
13
Current Estimated Value
$222,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,264
Avg. Annual Appreciation
7.03%
Original Mortgage
$131,250
Outstanding Balance
$122,896
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$98,306

Purchase Details

Closed on
Jul 8, 2015
Sold by
Culver Russell L and Culver Sharon C
Bought by
Culver Russell L and Revocable Living Trust Agreeme

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
Aggart Logan $175,000 None Available
Culver Russell L -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aggart Logan $131,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2021 11/22/21 Sold $175,000 +2.9% $71 / Sq Ft
09/28/2021 09/28/21 Pending -- -- --
09/15/2021 09/15/21 For Sale $170,000 -- $69 / 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
2024 $3,414 $103,500 $6,900 $96,600
2023 $3,803 $90,800 $6,500 $84,300
2022 $3,414 $80,600 $6,500 $74,100
2021 $2,163 $75,500 $6,500 $69,000
2020 $2,135 $75,900 $6,500 $69,400
2019 $2,081 $65,800 $6,500 $59,300
2018 $2,031 $61,900 $6,500 $55,400
2017 $0 $52,200 $7,100 $45,100
2016 $0 $48,500 $5,100 $43,400
2015 -- $48,500 $5,100 $43,400
2014 $2,014 $44,400 $9,000 $35,400
2013 $2,014 $42,300 $7,400 $34,900
Source: Public Records

Agents Affiliated with this Home

  • Cyndi Trobeck

    Seller's Agent in 2021

    Cyndi Trobeck

    Cornell & Associates

    (269) 685-5866

    9 in this area

    31 Total Sales

    Section Image

  • H

    Buyer's Agent in 2021

    Heidi Strimback

    Barry County Real Estate

    (269) 838-9304

    1 in this area

    43 Total Sales

    Heidi Strimback
    Section Image
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Map

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Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21105877

Southwestern Michigan Association of REALTORS®

APN: 54-400-030-00

Michigan Allegan County Otsego 49078 Otsego

407 W Franklin St, Otsego, MI

Homes for Sale in Otsego, MI

This home is located at 407 W Franklin St, Otsego, MI 49078 since 15 September 2021 and is currently estimated at $222,264, approximately $90 per square foot. This property was built in 1940. 407 W Franklin St 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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Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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