NOT LISTED FOR SALE

429 E Franklin St Otsego, MI 49078

Otsego Neighborhood

Estimated Value: $166,000 - $212,000

2 Beds
1 Bath
1,113 Sq Ft
$166/Sq Ft Est. Value

Last Sold January 27, 2022

Last sale price $145,000 $130 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,147/month

5 Days on Market

Highlights

  • Traditional Architecture
  • 1 Car Detached Garage
  • Forced Air Heating System

About This Home

As of January 2022

This is a cute home with a nice big deck in the back with a great yard. It has a nice one car detached garage with plenty of extra storage with a loft area. House has two bedrooms one down and a nice spacious master in the upstairs with a nice big closet. There have been some updates made to the kitchen. the kitchen is open to the dining area making it a great spot to entertain and have gatherings. Bathroom has also been recently updated. Move in ready and won't last long!

Last Listed By

Leanne Wilkins

Miller Real Estate License #6501378522 Listed on: 11/30/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,509

Year Built

  • Built in 1880

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 66x165
  • Property is zoned R_B, R_B

Parking

  • 1 Car Detached Garage

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,113 Sq Ft Home
  • 2-Story Property
  • Laundry on main level

Bedrooms and Bathrooms

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

Basement

  • Partial Basement
  • Crawl Space

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,509

Year Built

Built in 1880

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1880
  • ResoPropertyType: Residential
  • Architectural Style:Traditional: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Crawl Space, Partial
  • LivingArea: 1113.0
  • Basement Rooms:Total Basement SQFT: 250.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 145000.0
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Dimensions: 66X165
  • Lot Size Sq Ft: 10890.0
  • Zoning Description: R_B
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2021
Closed on
Jan 27, 2022
Sold by
Richard Lutz-Wilkins Corey
Bought by
Pershing Ian
Seller's Agent
Leanne Wilkins
Miller Real Estate
Buyer's Agent
Gary Laduke
Michigan Top Producers
List Price
$145,000
Sold Price
$145,000
Total Days on Market
5
Current Estimated Value
$184,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,250
Avg. Annual Appreciation
10.39%
Original Mortgage
$142,373
Outstanding Balance
$134,063
Interest Rate
3.45%
Mortgage Type
FHA
Estimated Equity
$66,486

Purchase Details

Closed on
May 10, 2021
Sold by
Lutz Wilkins Corey Richard
Bought by
Lutz Wilkins Corey Richard and Lutz Wilkins Tara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 5, 2017
Closed on
Jul 28, 2017
Sold by
Pettit Steven and Pettit Deborah
Bought by
Lutz Wilkins Corey Richard
Seller's Agent
Steven Pettit
Keller Williams GR East
Buyer's Agent
Kevin Philion
Jaqua, REALTORS
List Price
$74,900
Sold Price
$68,000
Premium/Discount to List
-$6,900
-9.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.91%
Original Mortgage
$66,768
Interest Rate
4.5%
Mortgage Type
FHA

Range of Values:

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Average Value
Not Available
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
Pershing Ian $145,000 Bell Title
Lutz Wilkins Corey Richard -- Avenue 365 Lender Svcs Llc
Lutz Wilkins Corey Richard $68,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pershing Ian $142,373
Previous Owner Lutz Wilkins Corey Richard $86,000
Previous Owner Lutz Wilkins Corey Richard $66,768
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2022 01/27/22 Sold $145,000 0.0% $130 / Sq Ft
12/05/2021 12/05/21 Pending -- -- --
11/30/2021 11/30/21 For Sale $145,000 +113.2% $130 / Sq Ft
07/28/2017 07/28/17 Sold $68,000 -9.2% $61 / Sq Ft
06/14/2017 06/14/17 Pending -- -- --
06/05/2017 06/05/17 For Sale $74,900 -- $67 / 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
2024 $1,509 $68,000 $6,000 $62,000
2023 $2,327 $59,700 $5,700 $54,000
2022 $1,509 $53,200 $5,700 $47,500
2021 $1,504 $42,100 $5,700 $36,400
2020 $1,483 $40,700 $5,700 $35,000
2019 $1,443 $34,500 $5,700 $28,800
2018 $1,406 $32,300 $5,700 $26,600
2017 $0 $27,500 $6,200 $21,300
2016 $0 $24,300 $4,500 $19,800
2015 -- $24,300 $4,500 $19,800
2014 $924 $24,100 $7,900 $16,200
2013 $924 $22,600 $6,500 $16,100
Source: Public Records

Agents Affiliated with this Home

  • Leanne Wilkins

    Seller's Agent in 2022

    Leanne Wilkins

    Miller Real Estate

    (269) 350-6347

    1 in this area

    70 Total Sales

    Section Image
  • Gary Laduke

    Buyer's Agent in 2022

    Gary Laduke

    Michigan Top Producers

    (269) 382-8045

    1 in this area

    64 Total Sales

    Gary Laduke
    Section Image
  • Steven Pettit

    Seller's Agent in 2017

    Steven Pettit

    Keller Williams GR East

    (616) 600-1041

    6 in this area

    513 Total Sales

    Steven Pettit
    Section Image

  • K

    Buyer's Agent in 2017

    Kevin Philion

    Jaqua, REALTORS

    (269) 207-2939

    39 Total Sales

    Kevin Philion
    Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21116703

Southwestern Michigan Association of REALTORS®

APN: 54-023-228-00

Michigan Allegan County Otsego 49078 Otsego

429 E Franklin St, Otsego, MI

Homes for Sale in Otsego, MI

This home is located at 429 E Franklin St, Otsego, MI 49078 since 30 November 2021 and is currently estimated at $184,250, approximately $165 per square foot. This property was built in 1880. 429 E Franklin St is a home located in Allegan County with nearby schools including Otsego High School, Otsego Christian Academy, and St. Margaret School.

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.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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