NOT LISTED FOR SALE

427 E Morrell St Otsego, MI 49078

Otsego Area

Estimated Value: $186,999 - $204,000

2 Beds
1 Bath
1,092 Sq Ft
$177/Sq Ft Est. Value

Sale Details

Date Sold: July 11, 2023

Last sale price $196,500 $180 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,309 / mo

4 Days on Market

Highlights

  • 0.87 Acre Lot
  • Contemporary Architecture
  • Forced Air Heating System

About This Home

As of July 2023

Welcome 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

Candace Dunham

Welcome Home Real Estate LLC License #6502375352 Listed on: 06/03/2023

Last Buyer's Agent

David Bultman

Five Star Real Estate (Holland) License #6506049131

Five Star Real Estate (Holland)

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,580

Year Built

  • Built in 1880

Lot Details

  • 37,950 Sq Ft 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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,580

Year Built

Built in 1880

Lot Details

0.87 Acres

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Contemporary
  • Stories: 2
  • Year Built: 1880
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 155.59
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 235 x 165 minus 16.5 x 50
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1092.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 2580.0
  • Tax Info:Zoning3: R-B
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Roofing:Asphalt2: Yes
  • General Property Info:SqFt Above Grade: 1092.0
  • General Property Info Garage YN: No
  • Architectural Style:Contemporary: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 1092.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 948.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 169900.0
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.87
  • Lot Size Area: 0.87
  • Lot Dimensions: 235 x 165 minus 16.5 x 50
  • Lot Size Sq Ft: 37950.0
  • Zoning Description: R-B

Tax Info

  • Tax Annual Amount: 2580.0
  • Tax Year: 2023

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
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
48
Current Estimated Value
$193,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,250
Avg. Annual Appreciation
-0.53%
Original Mortgage
$157,200
Outstanding Balance
$151,568
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$41,682

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
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Otsego, MI

  • Jessica Steele Real Estate Agent - Berkshire Hathaway HomeServices MI

    Jessica Steele

    Berkshire Hathaway HomeServices MI

    (269) 557-0630

    386 Total Sales

    13 in Otsego

    $149K - $370K Price Range

    Jessica Steele
     Section Image
  • Amy Krumm Real Estate Agent - Five Star Real Estate

    Amy Krumm

    Five Star Real Estate

    (269) 457-5175

    95 Total Sales

    9 in Otsego

    $35K - $465K Price Range

    Amy Krumm
     Section Image
  • Crystal Halstead Real Estate Agent - Khoury Real Estate

    Crystal Halstead

    Khoury Real Estate

    (269) 443-1261

    99 Total Sales

    7 in Otsego

    $150K - $275K Price Range

    Crystal Halstead
     Section Image
  • Randy Blankenship Real Estate Agent - Real Broker LLC

    Randy Blankenship

    Real Broker LLC

    (269) 775-4626

    193 Total Sales

    2 in Otsego

    $225K - $335K Price Range

    Randy Blankenship
     Section Image
  • Troy D. McKenney Real Estate Agent - Five Star Real Estate

    Troy D. McKenney

    Five Star Real Estate

    (269) 895-6730

    98 Total Sales

    3 in Otsego

    $181K - $270K Price Range

    Troy D. McKenney
     Section Image
  • Melissa Steenwyk Real Estate Agent - Indigo Key Realty

    Melissa Steenwyk

    Indigo Key Realty

    (616) 344-9457

    71 Total Sales

    1 in Otsego

    $450,000 Price

    Melissa Steenwyk
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$196,500 None Listed On Document
Gray Timothy -- --
Gray Timothy Jon -- --
Gray Lois -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $157,200
Previous Owner Gray Timothy $90,000
Previous Owner Gray Timothy $66,569
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $2,969 $76,900 $8,500 $68,400
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

  • CD

    Seller's Agent in 2023

    Candace Dunham

    Welcome Home Real Estate LLC

    (269) 694-9370

    52 Total Sales

    Candace Dunham
    Section Image

  • DB

    Buyer's Agent in 2023

    David Bultman

    Five Star Real Estate (Holland)

    (269) 370-1215

    42 Total Sales

    David Bultman
    Section Image
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Map

Source: MichRIC

MLS Number: 23018772

MichRIC

APN: 54-451-014-00

Michigan Allegan County Otsego 49078

427 E Morrell St, Otsego, MI

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.

MichRIC Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.

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