$68,000
SOLD JUL 28, 2017

429 E Franklin St Otsego, MI 49078

2 Beds
1 Bath
1,113 Sq Ft
0.25 Acres

Recently Sold

$61 Per Sq Ft

9% Below List Price

9 Days on Market

Highlights

  • Recreation Room
  • 1 Car Detached Garage
  • Snack Bar or Counter
  • Traditional Architecture
  • Living Room
  • Accessible Approach with Ramp

About This Home

As of January 2022

Remodeled two bedroom, one bath home has been completely updated. This home was taken down to the studs and features a new furnace, new hot water heater and updated electrical. This is a great starter home or income property. The detached garage offers a lot of storage space with a loft built in. Hurry, this home won't last!

Last Agent to Sell the Property

Steven Pettit

Keller Williams GR East License #6501267209 Listed on: 06/05/2017

Keller Williams GR East

Last Buyer's Agent

Kevin Philion

Jaqua, REALTORS License #6501279573

Jaqua, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,398

Year Built

  • Built in 1880

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 66x165

Parking

  • 1 Car Detached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1,113 Sq Ft Home
  • 2-Story Property
  • Replacement Windows
  • Insulated Windows
  • Window Treatments
  • Living Room
  • Dining Area
  • Recreation Room
  • Laminate Flooring
  • Basement
  • Michigan Basement
  • Laundry on main level

Kitchen

  • Oven
  • Range
  • Snack Bar or Counter

Bedrooms and Bathrooms

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

Accessible Home Design

  • Accessible Approach with Ramp
  • Accessible Ramps

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Natural Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,398

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: No
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 1397.97
  • Tax Info:Zoning3: Residential
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Windows:Replacement: 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
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Windows:Insulated Windows: Yes
  • General Property Info:Fireplace: No
  • Utilities Attached:Telephone Line: Yes
  • Additional Items:Window Treatments: Yes
  • Water Heater:Natural Gas4: Yes
  • Substructure:Michigan Basement: Yes
  • Heat Type:Baseboard: Yes
  • Accessibility Feat:Ramped Entrance: Yes
  • General Property Info:SqFt Above Grade: 1113.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Flooring:Laminate Floor: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven, Range
  • Accessibility Features: Ramped Entrance
  • Flooring: Laminate
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Michigan Basement
  • LivingArea: 1113.0
  • Window Features: Replacement, Insulated Windows, Window Treatments
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 250.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Snack Bar: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 69900.0
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: Yes
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes

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: Baseboard, Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Cable Connected, Broadband
  • Water Source: Public
  • Heat Source:Electric2: Yes

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Dimensions: 66x165
  • Lot Size Sq Ft: 10890.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1397.97
  • Tax Year: 2016

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
$182,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,948
Avg. Annual Appreciation
7.72%
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
13.54%
Original Mortgage
$66,768
Interest Rate
4.5%
Mortgage Type
FHA
Source: Public Records

Similar Home in Otsego, MI

  • 497 River Rd, Otsego, MI 49078

    $69,900

    • 1 Bed
    • 1 Bath
    • 1,024 Sq Ft
    • 497 River Rd
    • Otsego, MI

    We are involved in a multiple offer situation on this property. The seller has requested all interested parties to submit their highest and best offer no later than 12 PM EST on 07/16/2025This ranch home sits on a generous lot backing up to the Kalamazoo River. Home sold as is. All sizes are approximate including sq ft. Please verify.This property is eligible under the Freddie

    Steven Wilson Steven B Wilson

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17006169

Southwestern Michigan Association of REALTORS®

APN: 54-023-228-00