$60,000
SOLD NOV 15, 2018

428 E Morrell St Otsego, MI 49078

3 Beds
1 Bath
1,328 Sq Ft
8,580 Sq Ft Lot

Recently Sold

$45 Per Sq Ft

20% Below List Price

18 Days on Market

Highlights

  • Recreation Room
  • Screened Porch
  • Forced Air Heating System
  • Farmhouse Style Home
  • Living Room
  • Dining Area

About This Home

As of March 2021

Do you aspire to be the next Chip & Joanna, or Tarek and Christina? Ready to try your hand at flipping? Perhaps a Renovation loan for your new home? Bring your tools, skills, and a vision for what can be! This Otsego home has tons of potential but will need the work. It features a large kitchen with abundant oak cabinets, formal dining room, nice size living room, and main floor bedroom with access to full bath. Large, fenced back yard. Conveniently located to shopping and 131.

Last Agent to Sell the Property

Suzanne Sloan

Chuck Jaqua, REALTOR Listed on: 10/25/2018

Last Buyer's Agent

Nate Bedecs

Berkshire Hathaway HomeServices MI License #6501366471

Berkshire Hathaway HomeServices MI

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1901

Lot Details

  • 8,580 Sq Ft Lot
  • Lot Dimensions are 51x165

Parking

  • Unpaved Driveway

Home Design

  • Farmhouse Style Home
  • Vinyl Siding

Interior Spaces

  • 1,328 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Area
  • Recreation Room
  • Screened Porch
  • Basement
  • Michigan Basement
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Farmhouse
  • Stories: 2
  • Year Built: 1901
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 51x165
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1328.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 1873.0
  • Waterfront Options:Water Access YN: No
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Substructure:Michigan Basement: Yes
  • Driveway:Shared Unpaved: Yes
  • General Property Info:SqFt Above Grade: 1328.0
  • General Property Info Garage YN: No
  • Architectural Style Farm House: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Michigan Basement
  • LivingArea: 1328.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 160.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: Scrn Porch
  • List Price: 75000.0
  • Lot Features: Sidewalk
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Features:Scrn Porch: Yes

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Dimensions: 51x165
  • Lot Size Sq Ft: 8580.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1873.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2020
Closed on
Mar 8, 2021
Sold by
Simmons John A and Simmons Anna M
Bought by
White Aaron M
Seller's Agent
Jill Ortlieb
Berkshire Hathaway HomeServices MI
Buyer's Agent
Becky Sheppard
Jaqua, REALTORS
List Price
$154,900
Sold Price
$152,000
Premium/Discount to List
-$2,900
-1.87%
Current Estimated Value
$209,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,735
Avg. Annual Appreciation
7.71%
Original Mortgage
$153,535
Outstanding Balance
$138,568
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$72,367

Purchase Details

Listed on
Jan 18, 2019
Closed on
Apr 26, 2019
Sold by
Seefeldt Marie J
Bought by
Simmons John A and Southwick Anna M
Seller's Agent
Nate Bedecs
Berkshire Hathaway HomeServices MI
Buyer's Agent
Jill Ortlieb
Berkshire Hathaway HomeServices MI
List Price
$142,500
Sold Price
$136,000
Premium/Discount to List
-$6,500
-4.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.13%
Original Mortgage
$131,920
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 25, 2018
Closed on
Nov 15, 2018
Sold by
Collins Madeline
Bought by
Seefeldt Marie J
Seller's Agent
Suzanne Sloan
Chuck Jaqua, REALTOR
Buyer's Agent
Nate Bedecs
Berkshire Hathaway HomeServices MI
List Price
$75,000
Sold Price
$60,000
Premium/Discount to List
-$15,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
542.24%

Purchase Details

Closed on
Feb 10, 2004
Sold by
Jones Michael E and Jones Jean N
Bought by
Collins Janice R

Purchase Details

Closed on
Nov 10, 1999
Sold by
Middleton Richard E and Middleton Deloris
Bought by
Jones Michael and Jones Jean

Purchase Details

Closed on
Jun 25, 1998
Sold by
Loshbaugh Doris
Bought by
Middleton Richard E and Middleton Deloris

Purchase Details

Closed on
Jun 24, 1998
Sold by
Large Zaro
Bought by
Loshbaugh Doris

Purchase Details

Closed on
Jun 11, 1987
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $152,000 Accommodation
Warranty Deed $136,000 None Available
Warranty Deed $79,650 Nations Title Agency
Warranty Deed $86,000 Metropolitan Title Company
Deed $83,900 --
Deed -- --
Deed -- --
Deed $20,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $153,535 New Conventional
Previous Owner $132,200 New Conventional
Previous Owner $131,920 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2021 03/08/21 Sold $152,000 -1.9% $114 / Sq Ft
01/14/2021 01/14/21 Pending -- -- --
12/04/2020 12/04/20 For Sale $154,900 +13.9% $117 / Sq Ft
04/26/2019 04/26/19 Sold $136,000 -4.6% $102 / Sq Ft
03/08/2019 03/08/19 Pending -- -- --
01/18/2019 01/18/19 For Sale $142,500 +137.5% $107 / Sq Ft
11/15/2018 11/15/18 Sold $60,000 -20.0% $45 / Sq Ft
11/12/2018 11/12/18 Pending -- -- --
10/25/2018 10/25/18 For Sale $75,000 -- $56 / 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 $2,936 $85,400 $7,800 $77,600
2024 $2,514 $76,300 $4,700 $71,600
2023 $2,800 $66,800 $4,500 $62,300
2022 $2,514 $59,200 $4,500 $54,700
2021 $2,263 $51,700 $4,500 $47,200
2020 $2,274 $52,000 $4,500 $47,500
2019 $1,915 $44,100 $4,500 $39,600
2018 $1,863 $40,400 $4,500 $35,900
2017 $0 $34,300 $5,100 $29,200
2016 $0 $31,900 $3,800 $28,100
2015 -- $31,900 $3,800 $28,100
2014 $2,094 $29,800 $7,000 $22,800
2013 $2,094 $28,200 $5,700 $22,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18037425

Southwestern Michigan Association of REALTORS®

APN: 54-453-008-00