L
Seller's Agent in 2022
Leanne Wilkins
Miller Real Estate
429 E Franklin St Otsego, MI 49078
2
Beds
1
Bath
1,113
Sq Ft
0.25
Acres
Highlights
- Recreation Room
- Traditional Architecture
- Living Room
- Otsego High School Rated 9+
- 1 Car Detached Garage
- Snack Bar or Counter
About This Home
As of January 2022Remodeled 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
Keller Williams GR East License #6501267209 Listed on: 06/05/2017
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
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
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
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
Average Home Value in this Area
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
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
-
-
Gary Laduke
Buyer's Agent in 2022
Gary Laduke
Michigan Top Producers
(269) 382-8045
1 in this area
63 Total Sales
-
Steven Pettit
Seller's Agent in 2017
Steven Pettit
Keller Williams GR East
(616) 600-1041
10 in this area
502 Total Sales
-
Kevin Philion
K
Buyer's Agent in 2017
Kevin Philion
Jaqua, REALTORS
(269) 207-2939
34 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 17006169
APN: 54-023-228-00
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