NOT LISTED FOR SALE

530 W Franklin St Otsego, MI 49078

Estimated Value: $190,000 - $214,000

3 Beds
2 Baths
1,282 Sq Ft
$162/Sq Ft Est. Value

Last Sold June 20, 2018

Last sale price $132,000 $103 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,304/month

2 Days on Market

Highlights

  • Deck
  • Recreation Room
  • 2 Car Detached Garage
  • Otsego High School Rated 9+
  • Traditional Architecture
  • Porch

About This Home

As of June 2018

Don't miss out! This cute 2 story home features a large kitchen with dining area, formal dining, living room and full bath, all on the main level. Upstairs you will find 3 bedrooms and another full bath. So much great space! Some bonus's you may really like are the main floor laundry, enclosed front porch and large deck off the back of the home. The home sits on a large lot with an extra large 2 stall garage. No lack of space or storage here. Make an appointment today to see it! You won't be disappointed.

Last Agent to Sell the Property

Sheila Workman

Bellabay Realty (Middleville) Listed on: 04/20/2018

Last Buyer's Agent

Larrie Richie

Richie Realty - I License #6502135317

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,465

Year Built

  • Built in 1930

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 125 x 132
  • Level Lot
  • Property is zoned R-B, R-B

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,282 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Area
  • Recreation Room
  • Basement
  • Michigan Basement
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,465

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1930
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 125 x 132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1282.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Zoning3: R-B
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Lot Description:Level: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Substructure:Michigan Basement: Yes
  • General Property Info:SqFt Above Grade: 1282.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Michigan Basement
  • LivingArea: 1282.0
  • General Property Info:Stories2: 2.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 130000.0
  • Lot Features: Level, Sidewalk
  • Patio and Porch Features: Deck, Porch(es)
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Patio and Porch Features:Porch(es): Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.38
  • Lot Size Area: 0.38
  • Lot Dimensions: 125 x 132
  • Lot Size Sq Ft: 16552.0
  • Zoning Description: R-B
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2018
Closed on
Jun 20, 2018
Sold by
Nestle Ryan F
Bought by
Warner Sara Beth and Nink Damon Willis
Seller's Agent
Sheila Workman
Bellabay Realty (Middleville)
Buyer's Agent
Larrie Richie
Richie Realty - I
List Price
$130,000
Sold Price
$132,000
Premium/Discount to List
$2,000
1.54%
Current Estimated Value
$207,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,230
Avg. Annual Appreciation
5.48%
Original Mortgage
$133,333
Outstanding Balance
$116,522
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$78,191

Purchase Details

Listed on
May 18, 2015
Closed on
Aug 21, 2015
Sold by
Klok Brian P and Klok Julie L
Bought by
Nestle Ryan F
Seller's Agent
Brandy Blanchard
Berkshire Hathaway HomeServices MI
Buyer's Agent
Melinda Robison
Five Star Real Estate (Main)
List Price
$94,900
Sold Price
$94,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.37%
Original Mortgage
$96,836
Interest Rate
3.97%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 1, 2000
Sold by
Pearson David A and Pearson Diane M
Bought by
Klok Brian and Klok Julie
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Warner Sara Beth $132,000 None Available
Nestle Ryan F $94,900 Attorney
Klok Brian $86,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Warner Sara Beth $133,333
Previous Owner Nestle Ryan F $96,836
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2018 06/20/18 Sold $132,000 +1.5% $103 / Sq Ft
04/22/2018 04/22/18 Pending -- -- --
04/20/2018 04/20/18 For Sale $130,000 +37.0% $101 / Sq Ft
08/21/2015 08/21/15 Sold $94,900 0.0% $74 / Sq Ft
05/27/2015 05/27/15 Pending -- -- --
05/18/2015 05/18/15 For Sale $94,900 -- $74 / 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 $2,465 $87,200 $18,100 $69,100
2024 $2,112 $75,000 $10,900 $64,100
2023 $2,351 $66,500 $10,300 $56,200
2022 $2,112 $58,800 $10,300 $48,500
2021 $2,104 $54,800 $10,300 $44,500
2020 $2,074 $54,300 $10,300 $44,000
2019 $2,018 $46,500 $10,300 $36,200
2018 $1,575 $44,100 $10,300 $33,800
2017 $0 $38,300 $11,300 $27,000
2016 $0 $34,500 $8,100 $26,400
2015 -- $34,500 $8,100 $26,400
2014 $1,632 $36,000 $14,400 $21,600
2013 $1,632 $33,300 $11,800 $21,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18015721

Southwestern Michigan Association of REALTORS®

APN: 54-320-103-00