NOT LISTED FOR SALE

527 Lincoln Rd Otsego, MI 49078

Estimated Value: $257,368 - $376,000

-- Bed
4 Baths
1,716 Sq Ft
$194/Sq Ft Est. Value

Last Sold January 16, 2015

Last sale price $150,000 $87 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $2,342/month

11 Days on Market

Highlights

  • 1.12 Acre Lot
  • Forced Air Heating System
  • Level Lot
  • Cooling System Mounted In Outer Wall Opening
  • Laundry Facilities

About This Home

As of January 2015

Hard to find four plex in Otsego Township. These units feature a kitchen, appliances including dishwashers. Upper units have a balcony. Each unit has its own air conditioner and furnace. Common area coin operated laundry. Well maintained building with 3 - two bedroom apartments and 1 - one bedroom. Tenants pay gas and electric. Owner pays for trash and common area utilities. Paved drive and parking. Shaded backyard area. Roof new in 2001, new windows in 2012 and furnaces replaced.

Last Agent to Sell the Property

Denise Atwood

Berkshire Hathaway HomeServices MI Listed on: 11/21/2014

Last Buyer's Agent

Denise Atwood

Five Star Real Estate License #6501265347

Five Star Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,506

Year Built

  • Built in 1987

Lot Details

  • 1.12 Acre Lot
  • Lot Dimensions are 130 x 378
  • Level Lot

Parking

  • 7 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Location

  • Mineral Rights Excluded

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • Well
  • Septic System
  • Cable TV Available

Community Details

  • 4 Units
  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,506

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1987
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 130 x 378
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 3506.0
  • Tax Info:Zoning3: Residential
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Lot Description:Level: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Air Conditioning:Wall Unit(s): Yes
  • Util Avail at Street:Cable2: Yes
  • Substructure:Slab: Yes
  • Mineral Rights:No: Yes
  • Extras:Laundry Facility: Yes
  • Extras:Sep Gas Meter: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab

Exterior Features

  • Construction Materials: Brick
  • List Price: 159000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 7.0
  • General Property Info:Total Parking Spaces: 7.0

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Septic System
  • Utilities: Natural Gas Connected, Cable Connected
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 1.12
  • Lot Size Area: 1.12
  • Lot Size Sq Ft: 48787.2
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Gas

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 3506.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2021
Sold by
Campbelltown Enterprises Llc
Bought by
Trowbridge Group Llc
Current Estimated Value
$333,092

Purchase Details

Listed on
Nov 21, 2014
Closed on
Jan 16, 2015
Sold by
Smith Gareth M and Smith Karen
Bought by
Campbelltown Enterprises Llc
Seller's Agent
Denise Atwood
Berkshire Hathaway HomeServices MI
Buyer's Agent
Denise Atwood
Five Star Real Estate
List Price
$159,000
Sold Price
$150,000
Premium/Discount to List
-$9,000
-5.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.56%
Original Mortgage
$112,500
Interest Rate
3.94%
Mortgage Type
New Conventional
Source: Public Records

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 Buyer Sale Price Title Company
Trowbridge Group Llc $140,000 None Available
Trowbridge Group Llc $140,000 None Listed On Document
Campbelltown Enterprises Llc -- Ppr Title Agency
Smith Gareth H $150,000 Ppr Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Gareth H $112,500
Closed Trowbridge Group Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2015 01/16/15 Sold $150,000 -5.7% $87 / Sq Ft
12/02/2014 12/02/14 Pending -- -- --
11/21/2014 11/21/14 For Sale $159,000 -- $93 / 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 $6,220 $159,400 $10,200 $149,200
2024 $5,302 $139,500 $10,200 $129,300
2023 $5,364 $118,500 $10,000 $108,500
2022 $5,302 $107,500 $9,500 $98,000
2021 $3,999 $102,700 $8,800 $93,900
2020 $3,947 $92,000 $7,600 $84,400
2019 $3,879 $87,000 $6,300 $80,700
2018 $3,809 $77,600 $6,500 $71,100
2017 $0 $79,700 $8,600 $71,100
2016 $0 $80,200 $8,100 $72,100
2015 -- $80,200 $8,100 $72,100
2014 $3,774 $76,600 $6,400 $70,200
2013 $3,774 $78,100 $6,900 $71,200
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14056598

Southwestern Michigan Association of REALTORS®

APN: 17-022-024-00