NOT LISTED FOR SALE

418 E Franklin St Otsego, MI 49078

Estimated Value: $219,000 - $243,000

4 Beds
2 Baths
1,666 Sq Ft
$141/Sq Ft Est. Value

Last Sold December 29, 2022

Last sale price $130,000 $78 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,571/month

31 Days on Market

Highlights

  • Traditional Architecture
  • Mud Room
  • Porch
  • Otsego High School Rated 9+
  • 3 Car Detached Garage
  • Eat-In Kitchen

About This Home

As of December 2022

Redundant Listing, see MLS# 220047975. This home is currently a duplex with 1 unit on the main level & 1 unit upstairs. The main level is vacant & the upstairs is now vacant. The main level has gas forced air heat & upstairs is heated by a space heater. Home could be converted back to a single family residence or kept as a multi unit. The home has a brand new roof as of 2021 and also all new siding. The property also has a huge 3 car detached garage w/new roof. The main level is big & spacious, ready to go. The upper unit is now vacant so all of you that wanted to see this steal of a deal before but couldnt are free to now. This is a great price. Large backyard and walking distance to downtown. For everyone that wrote offers before or wanted to you can now. no more tenant to deal with

Last Agent to Sell the Property

Chuck Kinnane

Berkshire Hathaway HomeServices MI License #6501293749 Listed on: 11/14/2022

Berkshire Hathaway HomeServices MI

Last Buyer's Agent

Jennifer Buikema

Berkshire Hathaway HomeServices MI

Berkshire Hathaway HomeServices MI

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,421

Year Built

  • Built in 1920

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 100x165
  • Level Lot

Parking

  • 3 Car Detached Garage
  • Unpaved Driveway

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,666 Sq Ft Home
  • 2-Story Property
  • Mud Room
  • Basement
  • Michigan Basement
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Oven

Bedrooms and Bathrooms

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

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,421

Year Built

Built in 1920

Lot Details

0

Parking

3

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • 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: 100x165
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1666.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 2420.7
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Refrigerators: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Lot Description:Level: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Cable2: Yes
  • Substructure:Michigan Basement: Yes
  • Heat Type:Space Heater: Yes
  • General Property Info:SqFt Above Grade: 1666.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven, Refrigerator
  • Interior Amenities: Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 4
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Michigan Basement
  • LivingArea: 1666.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 1083.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Kitchen Features:Mud Room Access: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 149900.0
  • Lot Features: Level
  • Patio and Porch Features: Patio, Porch(es)
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Patio and Porch Features:Porch(es): Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 3.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.38
  • Lot Size Area: 0.38
  • Lot Dimensions: 100x165
  • Lot Size Sq Ft: 16509.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2420.7
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2022
Closed on
Dec 29, 2022
Sold by
Predum Carol
Bought by
Johnson Mark and Johnson Aiden D
Seller's Agent
Chuck Kinnane
Berkshire Hathaway HomeServices MI
Buyer's Agent
Jennifer Buikema
Berkshire Hathaway HomeServices MI
List Price
$149,900
Sold Price
$130,000
Premium/Discount to List
-$19,900
-13.28%
Views
64
Current Estimated Value
$234,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,286
Avg. Annual Appreciation
13.29%

Purchase Details

Closed on
Nov 2, 2005
Sold by
Predum Carol and Wolthuis Amy
Bought by
Predum Carol

Purchase Details

Closed on
Apr 12, 2002
Sold by
Predum Carol J
Bought by
Predum Carol J

Purchase Details

Closed on
Jul 23, 1998
Sold by
Peirce William L and Peirce Shirley
Bought by
Predum Carol J

Purchase Details

Closed on
Mar 2, 1989
Source: Public Records

Range of Values:

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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
Johnson Mark $130,000 --
Predum Carol -- --
Predum Carol J -- --
Predum Carol J -- --
-- $47,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2022 12/29/22 Sold $130,000 -13.3% $78 / Sq Ft
12/15/2022 12/15/22 Pending -- -- --
11/14/2022 11/14/22 For Sale $149,900 -- $90 / 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 $3,951 $131,000 $15,200 $115,800
2024 $2,441 $78,600 $9,100 $69,500
2023 $3,233 $69,200 $8,600 $60,600
2022 $2,441 $56,100 $8,600 $47,500
2021 $2,421 $52,900 $8,600 $44,300
2020 $2,388 $68,900 $8,600 $60,300
2019 $2,338 $59,000 $8,600 $50,400
2018 $2,289 $57,000 $8,600 $48,400
2017 $0 $48,800 $9,400 $39,400
2016 $0 $44,800 $6,800 $38,000
2015 -- $44,800 $6,800 $38,000
2014 $2,216 $42,900 $12,000 $30,900
2013 $2,216 $40,400 $9,900 $30,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22047974

Southwestern Michigan Association of REALTORS®

APN: 54-451-005-00