Seller's Agent in 2020
Wendy Conner
Greenridge Cornell & Associates
(269) 492-5172
23 in this area
75 Total Sales
501 E Morrell St Otsego, MI 49078
Estimated Value: $118,000 - $186,218
2
Beds
1
Bath
880
Sq Ft
$185/Sq Ft
Est. Value
Highlights
- Sun or Florida Room
- 2 Car Attached Garage
- Living Room
- Otsego High School Rated 9+
- Eat-In Kitchen
- Laundry Room
About This Home
As of March 2020Sitting on a spacious double corner lot, this home has a paved drive to attached 2 car garage PLUS there's a 2nd garage, complete with attached auxiliary bldg & another addition just perfect for a man cave / she shed , potting shed, storage, what have you ! The home features a country kitchen, large living room, 2 nice sized bedrooms and a heated porch with 3 walls of windows for extraordinary light exposure. Attic could be finished into additional living space or simply used for storage. Laundry located in basement. Per Seller: Gas furnace & central air are newer.
Last Agent to Sell the Property
Greenridge Cornell & Associates License #6506011044 Listed on: 01/10/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,614
Year Built
- Built in 1925
Lot Details
- 0.38 Acre Lot
- Lot Dimensions are 100x165
- Property is zoned RB single & 2 f, RB single & 2 f
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Bungalow
- Composition Roof
- Aluminum Siding
Interior Spaces
- 880 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Living Room
- Dining Area
- Sun or Florida Room
Kitchen
- Eat-In Kitchen
- Range
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Basement
- Partial Basement
- Crawl Space
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Electric Water Heater
- Cable TV Available
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 10, 2020
Closed on
Mar 18, 2020
Sold by
Clark Michael E
Bought by
Charles Eric and Carter Rebecca J
Seller's Agent
Wendy Conner
Greenridge Cornell & Associates
Buyer's Agent
Brian McDonald
RE/MAX Executive
List Price
$118,500
Sold Price
$114,000
Premium/Discount to List
-$4,500
-3.8%
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
$48,555
Avg. Annual Appreciation
6.33%
Original Mortgage
$91,200
Outstanding Balance
$63,005
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$99,550
Purchase Details
Closed on
Oct 1, 2019
Sold by
Clark Lisa D
Bought by
Clark Michael E
Purchase Details
Closed on
Aug 25, 2005
Sold by
The Gilbert Jennings Trust
Bought by
Clark Michael E and Clark Lisa D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.88%
Mortgage Type
Fannie Mae Freddie Mac
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Charles Eric | $114,000 | None Available | |
| Clark Michael E | -- | None Available | |
| Clark Michael E | $83,000 | Devon Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Charles Eric | $91,200 | |
| Previous Owner | Clark Michael E | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/18/2020 03/18/20 | Sold | $114,000 | -3.8% | $130 / Sq Ft |
| 02/17/2020 02/17/20 | Pending | -- | -- | -- |
| 01/10/2020 01/10/20 | For Sale | $118,500 | -- | $135 / Sq Ft |
Source: MichRIC
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 | $2,681 | $80,300 | $15,200 | $65,100 |
| 2024 | $2,297 | $69,600 | $9,100 | $60,500 |
| 2023 | $2,557 | $61,700 | $8,600 | $53,100 |
| 2022 | $2,297 | $55,300 | $8,600 | $46,700 |
| 2021 | $2,289 | $52,300 | $8,600 | $43,700 |
| 2020 | $1,560 | $52,700 | $8,600 | $44,100 |
| 2019 | $1,614 | $45,600 | $8,600 | $37,000 |
| 2018 | $1,582 | $43,000 | $8,600 | $34,400 |
| 2017 | $0 | $37,500 | $9,400 | $28,100 |
| 2016 | $0 | $34,000 | $6,800 | $27,200 |
| 2015 | -- | $34,000 | $6,800 | $27,200 |
| 2014 | $2,363 | $34,300 | $12,000 | $22,300 |
| 2013 | $2,363 | $31,900 | $9,900 | $22,000 |
Source: Public Records
Agents Affiliated with this Home
-
Wendy Conner
-
Brian McDonald
Buyer's Agent in 2020
Brian McDonald
RE/MAX Michigan
(616) 291-4411
9 in this area
459 Total Sales
-
Troy D. McKenney
Buyer Co-Listing Agent in 2020
Troy D. McKenney
Five Star Real Estate
(269) 512-4934
3 in this area
111 Total Sales
-
T
Buyer Co-Listing Agent in 2020
Troy McKenney
Coldwell Banker Sneller Real Estate
Map
Source: MichRIC
MLS Number: 19058103
APN: 54-452-014-00
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.
Information is deemed reliable but not guaranteed.
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