NOT LISTED FOR SALE

517 Water St Otsego, MI 49078

Otsego Area

Estimated Value: $239,000 - $249,610

3 Beds
2 Baths
1,033 Sq Ft
$237/Sq Ft Est. Value

Sale Details

Date Sold: January 10, 2025

Last sale price $222,900 $216 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,538 / mo

5 Days on Market

Highlights

  • Deck
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • 1 Car Attached Garage
  • Shed
  • Ceiling Fan

About This Home

As of January 2025

Welcome to this cozy 3-bedroom, 2-bath home in the City of Otsego. Located on a dead-end street this ranch style home is ready for you to move right in and make it your own! Outside offers fenced backyard with a deck and gazebo storage shed and a one-car garage. Kitchen is open to living room and includes all appliances. The main floor laundry is an added bonus. Home is just a short distance to schools and is close to shopping/dining in town. It's perfect for anyone seeking comfort and easy access to everything. Schedule your showing today!

Last Agent to Sell the Property

Amie Proctor

eXp Realty LLC License #6501335296 Listed on: 12/04/2024

eXp Realty LLC

Last Buyer's Agent

Ron Webb

RE/MAX Lakeshore

RE/MAX Lakeshore

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,177

Year Built

  • Built in 1996

Lot Details

  • 7,754 Sq Ft Lot
  • Lot Dimensions are 79 x 98
  • Fenced

Parking

  • 1 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,033 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,177

Year Built

Built in 1996

Lot Details

7,754 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1996
  • General Property Info:Basement: No
  • General Property Info:Main Level Primary: Yes
  • Waterfront Options:Water Access YN: No
  • Manufactured:Manufactured YN: No
  • Driveway:Driveway: Paved
  • Sewer:Sewer: Public Sewer
  • Additional Items:Additional Items: Ceiling Fan(s)
  • Other Structures:Other Structures: Shed(s)
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Dryer, Washer, Range
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Crawl Space
  • LivingArea: 1033.0
  • Kitchen Features:Kitchen Features: Eating Area

Exterior Features

  • Construction Materials: Vinyl Siding
  • Fencing: Fenced
  • List Price: 219900.0
  • Other Structures: Shed(s)
  • Patio and Porch Features: Deck
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Paved, Attached

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Main Level
  • Water Source: Public
  • Heat Source:Heat Source: Natural Gas
  • Heat Type:Heat Type: Forced Air

Lot Info

  • Lot Size Acres: 0.178
  • Lot Size Area: 0.18
  • Lot Dimensions: 79 x 98
  • Lot Size Sq Ft: 7754.0

Tax Info

  • Tax Annual Amount: 2177.45
  • Tax Year: 2024

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2024
Closed on
Jan 10, 2025
Sold by
Stam Sandra and Stam Sandy
Bought by
Seller's Agent
Amie Proctor
eXp Realty LLC
Buyer's Agent
Ron Webb
RE/MAX Lakeshore
List Price
$219,900
Sold Price
$222,900
Premium/Discount to List
$3,000
1.36%
Views
11
Current Estimated Value
$244,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,503
Avg. Annual Appreciation
5.70%
Original Mortgage
$218,862
Outstanding Balance
$215,472
Interest Rate
6.69%
Mortgage Type
FHA
Estimated Equity
$28,931

Purchase Details

Closed on
Nov 26, 2003
Sold by
Voi Group Llc
Bought by
Lively Billy and Stam Sandy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,120
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 3, 2003
Sold by
Hud
Bought by
Voi Group Llc

Purchase Details

Closed on
Mar 12, 2003
Sold by
Countrywide Home Loans Inc
Bought by
Hud

Purchase Details

Closed on
Sep 5, 2002
Sold by
Oxford Bobby A and Oxford Melissa D
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Sep 10, 1998
Sold by
Glaspie Robert L
Bought by
Oxford Bobby A and Oxford Melissa D

Purchase Details

Closed on
Sep 8, 1998
Sold by
Glaspie Robert L
Bought by
Oxford Bobby and Oxford Melissa

Purchase Details

Closed on
Jun 5, 1997
Sold by
Vandenberg Dale E and Vandenberg Theresa A
Bought by
Glaspie Robert L
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Otsego, MI

  • Troy D. McKenney Real Estate Agent - Five Star Real Estate

    Troy D. McKenney

    Five Star Real Estate

    (269) 895-6730

    97 Total Sales

    3 in Otsego

    $181K - $270K Price Range

    Troy D. McKenney
     Section Image
  • Melissa Steenwyk Real Estate Agent - Indigo Key Realty

    Melissa Steenwyk

    Indigo Key Realty

    (616) 344-9457

    71 Total Sales

    1 in Otsego

    $450,000 Price

    Melissa Steenwyk
     Section Image
  • Mark Brace Real Estate Agent - Berkshire Hathaway HomeServices Michigan Real Estate (Main)

    Mark Brace

    Berkshire Hathaway HomeServices Michigan Real Estate (Main)

    (269) 430-2613

    785 Total Sales

    1 in Otsego

    $130,000 Price

    Mark Brace
     Section Image
  • Claire Ritter Real Estate Agent - Five Star Real Estate

    Claire Ritter

    Five Star Real Estate

    (616) 816-5169

    70 Total Sales

    1 in Otsego

    $205,000 Price

    Claire Ritter
     Section Image
  • Renee Praay Real Estate Agent - Five Star Real Estate

    Renee Praay

    Five Star Real Estate

    (231) 638-4941

    137 Total Sales

    1 in Otsego

    $156,500 Price

    Renee Praay
     Section Image
  • Tanya Powell-May Real Estate Agent - Keller Williams GR North

    Tanya Powell-May

    Responds Quickly

    Keller Williams GR North

    (616) 202-5928

    309 Total Sales

    1 in Otsego

    $265,000 Price

    Tanya Powell-May
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$222,900 Chicago Title
Mendoza David -- Lakeshore Title
Lively Billy $96,000 Devon Title Agency
Voi Group Llc -- --
Hud -- --
Countrywide Home Loans Inc $81,735 --
Oxford Bobby A $79,900 --
Oxford Bobby $79,900 --
Glaspie Robert L -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $218,862
Previous Owner Lively Billy $93,120
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/10/2025 01/10/25 Sold $222,900 +1.4% $216 / Sq Ft
12/09/2024 12/09/24 Pending -- -- --
12/04/2024 12/04/24 For Sale $219,900 -- $213 / Sq Ft
Source: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $2,265 $116,100 $8,400 $107,700
2025 $2,214 $113,000 $7,500 $105,500
2024 $1,897 $101,700 $4,500 $97,200
2023 $2,112 $91,500 $4,200 $87,300
2022 $1,897 $82,300 $4,200 $78,100
2021 $1,891 $78,000 $4,200 $73,800
2020 $1,864 $66,500 $4,200 $62,300
2019 $1,813 $57,500 $4,200 $53,300
2018 $1,767 $43,400 $4,200 $39,200
2017 $0 $42,400 $6,400 $36,000
2016 $0 $42,200 $6,400 $35,800
2015 -- $42,200 $6,400 $35,800
2014 $1,700 $40,900 $11,200 $29,700
2013 $1,700 $38,200 $11,400 $26,800
Source: Public Records

Agents Affiliated with this Home

  • Amie Proctor Real Estate Agent - eXp Realty LLC

    Seller's Agent in 2025

    Amie Proctor

    eXp Realty LLC

    (269) 806-9218

    41 Total Sales

    Amie Proctor
    Section Image
  • Ron Webb Real Estate Agent - RE/MAX Michigan

    Buyer's Agent in 2025

    Ron Webb

    RE/MAX Michigan

    (616) 291-2782

    244 Total Sales

    Ron Webb
    Section Image

  • RW

    Buyer's Agent in 2025

    Ronald Webb

    West Edge Real Estate LLC

See All Agents

Map

Source: MichRIC

MLS Number: 24061721

MichRIC

APN: 54-022-030-10

Michigan Allegan County Otsego 49078

517 Water St, Otsego, MI

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.

MichRIC Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.

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