$39,900
SOLD OCT 9, 2013

612 Nicholson St Otsego, MI 49078

1 Bed
1 Bath
792 Sq Ft
0.34 Acres

Recently Sold

$50 Per Sq Ft

15% Below List Price

45 Days on Market

Highlights

  • 2 Car Detached Garage
  • Eat-In Kitchen
  • Forced Air Heating System
  • Otsego High School Rated 9+
  • Living Room
  • Dining Area

About This Home

As of August 2018

This Otsego township ranch home has 2 bedrooms and 792 sq ft of living space. Currently one of the bedrooms is being used as a main floor laundry room. (The basement has Washer/Dryer hook up as well). This home has a dining room just outside the kitchen, which flows into the living room with a ceiling fan. There are ample cabinets and counter space in the kitchen. Downstairs is an unfinished basement. Outdoors is a 2 car detached garage and a finished storage shed. The storage shed has a light fixture, electricity and carpeting.

Last Agent to Sell the Property

Patrick O'Brien

O'Brien Real Estate License #6502102326 Listed on: 05/07/2013

Last Buyer's Agent

Amy Hamilton

Jaqua, REALTORS License #6501343755

Jaqua, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $618

Year Built

  • Built in 1930

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100 x 150

Parking

  • 2 Car Detached Garage

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 792 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Area
  • Basement
  • Michigan Basement
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating 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

Est. Annual Taxes

$618

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: Ranch
  • Stories: 1
  • 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: 100 X 150
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 792.0
  • General Property Info:Design: Ranch
  • Tax Info:Annual Property Tax: 618.0
  • Tax Info:Zoning3: RESID
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Natural Gas: Yes
  • General Property Info:Fireplace: No
  • Substructure:Michigan Basement: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 792.0
  • General Property Info Garage YN: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 1
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Michigan Basement
  • LivingArea: 792.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Total Basement SQFT: 400.0
  • Kitchen Features:Eating Area: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 39900.0
  • Waterfront: No
  • Exterior Material:Wood Siding: 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: Septic Tank
  • Utilities: Natural Gas Available, Electricity Available, Natural Gas Connected
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 0.34
  • Lot Size Area: 0.34
  • Lot Dimensions: 100 X 150
  • Lot Size Sq Ft: 14810.0
  • Zoning Description: RESID
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 618.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2018
Closed on
Aug 1, 2018
Sold by
Scott Julie
Bought by
Smith Brittany L
Seller's Agent
Amy Hamilton
Jaqua, REALTORS
Buyer's Agent
Amy Krumm
Five Star Real Estate
List Price
$84,900
Sold Price
$92,500
Premium/Discount to List
$7,600
8.95%
Current Estimated Value
$177,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,048
Avg. Annual Appreciation
9.13%
Original Mortgage
$7,229
Outstanding Balance
$6,343
Interest Rate
4.6%
Mortgage Type
Second Mortgage Made To Cover Down Payment
Estimated Equity
$165,525

Purchase Details

Listed on
May 7, 2013
Closed on
Oct 9, 2013
Sold by
Fannie Mae
Bought by
Scott Julie
Seller's Agent
Patrick O'Brien
O'Brien Real Estate
Buyer's Agent
Amy Hamilton
Jaqua, REALTORS
List Price
$46,900
Sold Price
$39,900
Premium/Discount to List
-$7,000
-14.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.76%
Original Mortgage
$53,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2013
Sold by
Jpmorgan Chase Bank National Association
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 7, 2013
Sold by
Holmes Kendall B and Holmes Melinda L
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Jul 1, 1984
Sold by
Ray Clark
Bought by
Sharon Campbell
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 Type Sale Price Title Company
Warranty Deed $92,500 Devon Title
Deed $39,900 E Title
Quit Claim Deed -- None Available
Sheriffs Deed $125,892 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $90,824 FHA
Previous Owner $53,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2018 08/30/18 Sold $92,500 +9.0% $117 / Sq Ft
07/20/2018 07/20/18 Pending -- -- --
07/18/2018 07/18/18 For Sale $84,900 +112.8% $107 / Sq Ft
10/09/2013 10/09/13 Sold $39,900 -14.9% $50 / Sq Ft
06/21/2013 06/21/13 Pending -- -- --
05/07/2013 05/07/13 For Sale $46,900 -- $59 / 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 $1,409 $68,900 $11,300 $57,600
2024 $1,193 $66,800 $10,000 $56,800
2023 $1,214 $60,700 $10,000 $50,700
2022 $1,193 $51,300 $10,100 $41,200
2021 $1,122 $45,300 $8,100 $37,200
2020 $1,115 $42,700 $8,100 $34,600
2019 $1,685 $34,100 $6,500 $27,600
2018 $860 $30,300 $6,300 $24,000
2017 $0 $26,500 $4,300 $22,200
2016 $0 $32,200 $4,300 $27,900
2015 -- $32,200 $4,300 $27,900
2014 $592 $30,400 $4,300 $26,100
2013 $592 $29,500 $4,300 $25,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 13025238

Southwestern Michigan Association of REALTORS®

APN: 17-280-003-00