NOT LISTED FOR SALE

428 W Morrell St Otsego, MI 49078

Estimated Value: $74,000 - $93,054

2 Beds
1 Bath
816 Sq Ft
$101/Sq Ft Est. Value

Last Sold July 02, 2024

Last sale price $70,000 $86 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $567/month

1 Day on Market

Highlights

  • Fireplace in Primary Bedroom
  • Laundry Room
  • High Speed Internet
  • Otsego High School Rated 9+
  • Bungalow
  • Heating System Uses Natural Gas

About This Home

As of July 2024

Affordable starter home or investment property in the City of Otsego. Home is in need of some updating giving a new owner a chance at some sweat equity. Check it out before it's gone. Seller will not make any repairs.

Last Agent to Sell the Property

Brad Houser

RE/MAX Executive License #6501429174 Listed on: 05/28/2024

RE/MAX Executive

Last Buyer's Agent

Philip Copeland

Grey House Market Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,468

Year Built

  • Built in 1950

Lot Details

  • 8,233 Sq Ft Lot
  • Lot Dimensions are 50x165x50x165
  • Property is zoned R-B, R-B

Home Design

  • Bungalow
  • Shingle Roof

Interior Spaces

  • 816 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Crawl Space

Kitchen

  • Range
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • 1 Full Bathroom
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer
  • Sink Near Laundry

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,468

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 1
  • Year Built: 1950
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50x165x50x165
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 816.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 1467.57
  • Tax Info:Zoning3: R-B
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Heat Type:Wall Furnace: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Roofing:Shingle: Yes
  • Water Heater:Natural Gas4: Yes
  • Substructure:Crawl Space: Yes
  • Utilities Attached:High-Speed Internet: Yes
  • General Property Info:SqFt Above Grade: 816.0
  • Laundry Features Laundry Room: Yes
  • Laundry Features Sink: Yes
  • Laundry Features Washer Hookup: Yes
  • General Property Info Garage YN: No
  • Architectural Style Bungalow: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Range, Washer
  • Fireplace Features: Bath, Bedroom, Kitchen, Living Room, Primary Bedroom
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Crawl Space
  • LivingArea: 816.0
  • General Property Info:Stories2: 1.0
  • Appliances Range: Yes
  • Fireplace:Living: Yes
  • Fireplace:Primary Bedroom: Yes
  • Fireplace:Other Bedroom: Yes
  • Fireplace:Bathroom: Yes
  • Fireplace:Kitchen: Yes

Exterior Features

  • Construction Materials: Other
  • List Price: 75000.0
  • Roof: Shingle
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Garage: No

Utilities

  • Heating: Wall Furnace
  • Heating: Yes
  • Laundry Features: Laundry Room, Sink, Washer Hookup
  • Sewer: Public
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Cable Connected, High-Speed Internet
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Dimensions: 50x165x50x165
  • Lot Size Sq Ft: 8233.0
  • Zoning Description: R-B
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1467.57
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2024
Closed on
Jul 2, 2024
Sold by
Houser Brad W
Bought by
Rose Kenneth and Rose Rebecca
Seller's Agent
Brad Houser
RE/MAX Executive
Buyer's Agent
Philip Copeland
Grey House Market Real Estate
List Price
$75,000
Sold Price
$70,000
Premium/Discount to List
-$5,000
-6.67%
Views
3
Current Estimated Value
$82,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,351
Avg. Annual Appreciation
2.09%

Purchase Details

Listed on
May 28, 2024
Closed on
May 24, 2024
Sold by
Henrickson Wallace Conrad
Bought by
Houser Brad W
Seller's Agent
Brad Houser
RE/MAX Executive
Buyer's Agent
Philip Copeland
Grey House Market Real Estate
List Price
$75,000
Sold Price
$70,000
Premium/Discount to List
-$5,000
-6.67%
Views
3
Source: Public Records

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
Rose Kenneth $70,000 Chicago Title
Houser Brad W $30,000 Chicago Title Of Michigan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2024 07/02/24 Sold $70,000 -6.7% $86 / Sq Ft
05/29/2024 05/29/24 Pending -- -- --
05/28/2024 05/28/24 For Sale $75,000 -- $92 / 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 $1,555 $22,000 $7,600 $14,400
2024 $1,249 $39,500 $4,600 $34,900
2023 $1,348 $35,200 $4,300 $30,900
2022 $1,249 $30,700 $4,300 $26,400
2021 $1,234 $29,000 $4,300 $24,700
2020 $1,218 $29,300 $4,300 $25,000
2019 $1,198 $25,300 $4,300 $21,000
2018 $1,172 $24,200 $4,300 $19,900
2017 $0 $21,200 $5,000 $16,200
2016 $0 $19,400 $3,700 $15,700
2015 -- $19,400 $3,700 $15,700
2014 $652 $19,700 $6,800 $12,900
2013 $652 $18,400 $5,600 $12,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24026611

Southwestern Michigan Association of REALTORS®

APN: 54-400-046-00