NOT LISTED FOR SALE

555 Lincoln Rd Otsego, MI 49078

Estimated Value: $219,000 - $240,352

3 Beds
2 Baths
2,080 Sq Ft
$109/Sq Ft Est. Value

Last Sold October 04, 2012

Last sale price $65,817 $32 Per Sq Ft

Est. 245% increase in value since last sale

Current estimated payment $1,415/month

Highlights

  • In Ground Pool
  • Sun or Florida Room
  • Attached Garage
  • Family Room with Fireplace
  • Fenced Yard
  • Eat-In Kitchen

About This Home

As of October 2012

Great setting for this ranch walk out that sits west of town on Lincoln Rd / M-89. Main floor has large living room w/brick wood burning fireplace, nice sized kitchen and formal dining room, 2 bedrooms and bath. Walkout level offers family room, another brick fireplace, 2nd kitchen area, full bath, 3rd bedroom. Outside of the family room you will find the inground pool, patio and privacy fenced backyard.

Last Agent to Sell the Property

Terrie Boven

RE/MAX of Kalamazoo License #6501218956 Listed on: 09/12/2012

RE/MAX of Kalamazoo

Co-Listed By

Christine Kniss

Kindle Real Estate LLC License #6501326804

Last Buyer's Agent

Mark Heather

Coldwell Banker Sneller Real Estate License #6501361247

Coldwell Banker Sneller Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 100 x 140 x 101 x 134
  • Fenced Yard

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,080 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Sun or Florida Room

Kitchen

  • Eat-In Kitchen
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • In Ground Pool
  • Patio

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1964
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: 100 x 140 x 101 x 134
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2080.0
  • General Property Info:Design: Ranch
  • Tax Info:Annual Property Tax: 2598.0
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 2.0
  • Utilities Attached:Natural Gas: Yes
  • General Property Info:Fireplace: Yes
  • Substructure:Walk Out: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Pool:OutdoorInground: Yes
  • General Property Info:SqFt Above Grade: 1280.0
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Fireplace Features: Family, Living, Wood Burning
  • Fireplace: Yes
  • Fireplaces: 2
  • Total Bedrooms: 3
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Walk Out, Full
  • LivingArea: 2080.0
  • General Property Info:Stories2: 1.0
  • Kitchen Features:Eating Area: Yes
  • Fireplace:Living: Yes
  • Kitchen Features:Snack Bar: Yes
  • Fireplace:Family: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Fenced Back, Patio, 3 Season Room
  • List Price: 71153.0
  • Pool Features: Outdoor/Inground
  • Road Surface Type: Paved
  • Waterfront: No
  • Driveway Paved: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Fenced Back: Yes
  • Exterior Material:Brick: Yes
  • Exterior Features:_three_ Season Room: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached
  • Garage:Garage2: Yes
  • Garage Type:_three_: Yes
  • Parking Features Attached2: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic System
  • Utilities: Natural Gas Connected
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 0.32
  • Lot Size Area: 0.32
  • Lot Dimensions: 100 x 140 x 101 x 134
  • Lot Size Sq Ft: 13939.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2598.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2012
Closed on
Sep 26, 2012
Sold by
Wells Fargo Bank Na
Bought by
Miller Wesley M and Miller Jeanne M
Seller's Agent
Terrie Boven
RE/MAX of Kalamazoo
Buyer's Agent
Mark Heather
Coldwell Banker Sneller Real Estate
List Price
$71,153
Sold Price
$65,817
Premium/Discount to List
-$5,336
-7.5%
Current Estimated Value
$227,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,521
Avg. Annual Appreciation
9.94%

Purchase Details

Closed on
Apr 17, 2012
Sold by
Marshall Alyce
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Dec 23, 2003
Sold by
Willard Janice E
Bought by
Marshall Alyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,915
Interest Rate
8.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 1997
Bought by
Willard Janice

Purchase Details

Closed on
Oct 1, 1992
Sold by
Ray Ritchey and Ray Ronda
Bought by
Bernea Food Service
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
Miller Wesley M $65,817 Attorneys Title Agency Llc
Wells Fargo Bank Na -- None Available
Marshall Alyce $119,900 Chicago Title
Willard Janice $86,500 --
Bernea Food Service $61,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marshall Alyce $120,000
Previous Owner Marshall Alyce $101,915
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2012 10/04/12 Sold $65,817 -7.5% $32 / Sq Ft
09/12/2012 09/12/12 Pending -- -- --
09/12/2012 09/12/12 For Sale $71,153 -- $34 / 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 $2,116 $109,200 $4,100 $105,100
2024 $1,787 $96,000 $4,100 $91,900
2023 $1,819 $81,800 $4,000 $77,800
2022 $1,787 $74,300 $3,800 $70,500
2021 $1,686 $68,300 $3,600 $64,700
2020 $1,701 $61,700 $3,000 $58,700
2019 $1,610 $58,800 $2,500 $56,300
2018 $1,576 $62,000 $7,000 $55,000
2017 $0 $60,900 $9,300 $51,600
2016 $0 $55,700 $6,900 $48,800
2015 -- $55,700 $6,900 $48,800
2014 $2,578 $48,200 $5,500 $42,700
2013 $2,578 $49,200 $5,900 $43,300
Source: Public Records

Agents Affiliated with this Home

  • Terrie Boven

    Seller's Agent in 2012

    Terrie Boven

    RE/MAX Michigan

    (269) 271-8038

    3 in this area

    90 Total Sales

    Terrie Boven
    Section Image

  • C

    Seller Co-Listing Agent in 2012

    Christine Kniss

    Kindle Real Estate LLC

  • Mark Heather

    Buyer's Agent in 2012

    Mark Heather

    Coldwell Banker Sneller Real Estate

    (616) 901-8963

    27 Total Sales

    Mark Heather
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12050148

Southwestern Michigan Association of REALTORS®

APN: 17-022-014-10

Michigan Allegan County Otsego 49078

555 Lincoln Rd, Otsego, MI

This home is located at 555 Lincoln Rd, Otsego, MI 49078 since 12 September 2012 and is currently estimated at $227,338, approximately $109 per square foot. This property was built in 1964. 555 Lincoln Rd is a home located in Allegan County with nearby schools including Otsego High School, Otsego Christian Academy, and St. Margaret School.

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.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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