NOT LISTED FOR SALE

620 S Fair St Otsego, MI 49078

Estimated Value: $175,000 - $196,000

3 Beds
1 Bath
1,554 Sq Ft
$121/Sq Ft Est. Value

Last Sold June 10, 2015

Last sale price $21,865 $14 Per Sq Ft

Est. 760% increase in value since last sale

Current estimated payment $1,313/month

Highlights

  • Deck
  • Porch
  • Eat-In Kitchen
  • Farmhouse Style Home
  • 1 Car Attached Garage
  • 4-minute walk to Otsego Memorial Park

About This Home

As of June 2015

3 poss. 4 BR with a nice lot, close to schools and park, needs much TLC but could be a charmer. Please note that nothing under the asking price will be considered by the seller until after April 16th. Being sold as is where is with seller not paying any additional fees or repairs.

Last Agent to Sell the Property

Shelley Simons

Lakes & Country Real Estate Inc License #6501329386 Listed on: 05/19/2015

Last Buyer's Agent

David Baker

Key Realty License #6501381673

Key Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1908

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 66 x 173
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Farmhouse Style Home
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1,554 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Partial Basement
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Porch

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1908

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Farmhouse
  • Stories: 2
  • Year Built: 1908
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: 66 x 173
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1554.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 1616.56
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Substructure:Partial: Yes
  • Lot Description:Level: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1554.0
  • General Property Info Garage YN: Yes
  • Flooring:Laminate Floor: Yes
  • Architectural Style Farm House: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Flooring: Laminate
  • Interior Amenities: Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Partial
  • LivingArea: 1554.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 612.0
  • Kitchen Features:Eating Area: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 21865.0
  • Lot Features: Level, Sidewalk
  • Patio and Porch Features: Deck, Porch(es)
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes
  • Patio and Porch Features:Porch(es): Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Attached
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.26
  • Lot Size Area: 0.26
  • Lot Dimensions: 66 x 173
  • Lot Size Sq Ft: 11325.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1616.56
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2015
Closed on
Jun 10, 2015
Sold by
Jpmorgan Chase Bank National Association
Bought by
Cleven Marc J
Seller's Agent
Shelley Simons
Lakes & Country Real Estate Inc
Buyer's Agent
David Baker
Key Realty
List Price
$24,225
Sold Price
$21,865
Premium/Discount to List
-$2,360
-9.74%
Current Estimated Value
$188,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,224
Avg. Annual Appreciation
23.48%

Purchase Details

Closed on
Oct 16, 2014
Sold by
Miller Brian D and Miller Christa E
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Jan 6, 2011
Sold by
Becker Gordon J and Becker Mindy G
Bought by
Michigan State Housing Development Autho

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,921
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2010
Sold by
Becker Gordon J and Becker Mindy G
Bought by
Miller Brian D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,921
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2003
Sold by
Vanloo Scott D and Vanloo Susan D
Bought by
Becker Gordon J and Becker Mindy G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,500
Interest Rate
6.02%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 30, 1998
Sold by
Vandermeer Cheryl L
Bought by
Vanloo Scott and Vanloo Julie

Purchase Details

Closed on
Jun 24, 1994

Purchase Details

Closed on
Apr 2, 1991
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
Cleven Marc J $21,865 Midstate Title Agency
Jpmorgan Chase Bank National Association $25,500 None Available
Michigan State Housing Development Autho $91,045 None Available
Miller Brian D $59,900 Devon Title Agency
Becker Gordon J $95,500 Chicago Title
Vanloo Scott -- --
-- $48,200 --
-- $28,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Brian D $63,921
Previous Owner Becker Gordon J $95,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2015 06/10/15 Sold $21,865 -9.7% $14 / Sq Ft
05/19/2015 05/19/15 For Sale $24,225 -- $16 / Sq Ft
05/13/2015 05/13/15 Pending -- -- --
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 $3,399 $79,300 $11,100 $68,200
2024 $2,925 $66,900 $6,600 $60,300
2023 $3,160 $59,800 $6,200 $53,600
2022 $2,925 $53,200 $6,200 $47,000
2021 $2,891 $47,800 $6,200 $41,600
2020 $2,852 $57,500 $6,200 $51,300
2019 $2,804 $53,100 $6,200 $46,900
2018 $2,743 $49,900 $6,200 $43,700
2017 $0 $47,700 $11,300 $36,400
2016 $0 $42,500 $9,100 $33,400
2015 -- $42,500 $9,100 $33,400
2014 -- $42,700 $12,800 $29,900
2013 -- $42,200 $12,500 $29,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15007237

Southwestern Michigan Association of REALTORS®

APN: 54-023-067-00