C
Seller's Agent in 2023
Candace Dunham
Welcome Home Real Estate LLC
(269) 694-9370
19 in this area
65 Total Sales
427 E Morrell St Otsego, MI 49078
Estimated Value: $174,000 - $322,000
2
Beds
1
Bath
1,092
Sq Ft
$196/Sq Ft
Est. Value
Highlights
- 0.87 Acre Lot
- Contemporary Architecture
- Forced Air Heating System
- Otsego High School Rated 9+
About This Home
As of July 2023Welcome Home! Your oasis in town is here! Wonderfully maintained home on 4 lots in the City. Beautifully landscaped around the creek/drain with terrific views of the spacious yard. Fresh Paint and flooring. 2 bedrooms on the main floor, with an upper loft and balcony to overlook back yard. Spacious Kitchen with bar/nook area. Walk-out basement with updated electric and furnace. Roof new around 2020! Seller has received multiple offers. Highest and best due by 8 pm Tuesday June 6th. Seller will look at offers Wednesday morning.
Last Agent to Sell the Property
Welcome Home Real Estate LLC License #6502375352 Listed on: 06/03/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,580
Year Built
- Built in 1880
Lot Details
- 0.87 Acre Lot
- Property is zoned R-B, R-B
Home Design
- Contemporary Architecture
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 1,092 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
- Laundry on main level
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 3, 2023
Closed on
Jun 23, 2023
Sold by
Gray Timothy Jon
Bought by
Herrera Jacob and Herrera Hannah
Seller's Agent
Candace Dunham
Welcome Home Real Estate LLC
Buyer's Agent
David Bultman
Five Star Real Estate (Holland)
List Price
$169,900
Sold Price
$196,500
Premium/Discount to List
$26,600
15.66%
Views
49
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,165
Avg. Annual Appreciation
3.42%
Original Mortgage
$157,200
Outstanding Balance
$153,080
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$60,585
Purchase Details
Closed on
Dec 19, 2000
Sold by
Gray Timothy Jon
Bought by
Gray Timothy and Gray Helen
Purchase Details
Closed on
Sep 8, 1998
Sold by
Gray Lois
Bought by
Gray Timothy Jon
Purchase Details
Closed on
Feb 10, 1998
Sold by
Gray Dave and Gray Lois
Bought by
Gray Lois
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Herrera Jacob | $196,500 | None Listed On Document | |
| Gray Timothy | -- | -- | |
| Gray Timothy Jon | -- | -- | |
| Gray Lois | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Herrera Jacob | $157,200 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/11/2023 07/11/23 | Sold | $196,500 | +15.7% | $180 / Sq Ft |
| 06/07/2023 06/07/23 | Pending | -- | -- | -- |
| 06/03/2023 06/03/23 | For Sale | $169,900 | -- | $156 / Sq Ft |
Source: MichRIC
Tax History Compared to Growth
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 | $2,897 | $72,300 | $7,600 | $64,700 |
| 2024 | $1,882 | $64,400 | $4,600 | $59,800 |
| 2023 | $2,027 | $56,600 | $4,300 | $52,300 |
| 2022 | $1,882 | $50,200 | $4,300 | $45,900 |
| 2021 | $1,862 | $47,100 | $4,300 | $42,800 |
| 2020 | $1,839 | $47,400 | $4,300 | $43,100 |
| 2019 | $1,300 | $40,300 | $4,300 | $36,000 |
| 2018 | $1,275 | $36,900 | $4,300 | $32,600 |
| 2017 | $0 | $31,500 | $5,000 | $26,500 |
| 2016 | $0 | $29,100 | $3,700 | $25,400 |
| 2015 | -- | $29,100 | $3,700 | $25,400 |
| 2014 | $1,095 | $27,500 | $6,800 | $20,700 |
| 2013 | $1,095 | $26,000 | $5,600 | $20,400 |
Source: Public Records
Agents Affiliated with this Home
-
Candace Dunham
-
David Bultman
D
Buyer's Agent in 2023
David Bultman
Five Star Real Estate (Holland)
(269) 370-1215
1 in this area
37 Total Sales
Map
Source: MichRIC
MLS Number: 23018772
APN: 54-451-014-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Information is deemed reliable but not guaranteed.
Copyright 2025 MichRIC, LLC. All rights reserved.
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