$145,000
SOLD JAN 27, 2022

429 E Franklin St Otsego, MI 49078

2 Beds
1 Bath
1,113 Sq Ft
0.25 Acres

Recently Sold

$130 Per Sq Ft

5 Days on Market

Highlights

  • Traditional Architecture
  • 1 Car Detached Garage
  • Forced Air Heating System
  • Otsego High School Rated 9+

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 Agent to Sell the Property

Leanne Wilkins

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

Last Buyer's Agent

Gary Laduke

Michigan Top Producers License #6501286437

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,820

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

$2,820

Year Built

Built in 1880

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1880
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 66X165
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1113.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 1.0
  • Tax Info:Zoning3: R_B
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Substructure:Partial: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Substructure:Crawl Space: Yes
  • General Property Info:SqFt Above Grade: 1113.0
  • General Property Info Garage YN: Yes
  • 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
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 250.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 145000.0
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • 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
Current Estimated Value
$193,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,115
Avg. Annual Appreciation
7.41%
Original Mortgage
$142,373
Outstanding Balance
$132,806
Interest Rate
3.45%
Mortgage Type
FHA
Estimated Equity
$55,715

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
13.29%
Original Mortgage
$66,768
Interest Rate
4.5%
Mortgage Type
FHA
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 Type Sale Price Title Company
Warranty Deed $145,000 Bell Title
Interfamily Deed Transfer -- Avenue 365 Lender Svcs Llc
Warranty Deed $68,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $142,373 FHA
Previous Owner $86,000 New Conventional
Previous Owner $66,768 FHA
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
2025 $2,820 $77,000 $10,000 $67,000
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

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21116703

Southwestern Michigan Association of REALTORS®

APN: 54-023-228-00