$87,000
SOLD JUN 25, 2018

705 W Franklin St Otsego, MI 49078

2 Beds
1 Bath
789 Sq Ft
0.3 Acres

Recently Sold

$110 Per Sq Ft

9% Above List Price

3 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Storm Windows
  • Otsego High School Rated 9+
  • Corner Lot: Yes
  • Living Room

About This Home

As of June 2018

Why rent?! This CUTE Otsego home is ready to for you! Main level offers an ample sized living room, kitchen with all of the appliances included, two bedrooms, a bonus room which could be used as an office or dining area, family bath and a great mudroom for storage. Basement provides great storage space and laundry area. Most of the window have been replace and has a new roof. This home is located on a corner double lot and provides a shed for storage. Welcome home!

Last Agent to Sell the Property

Amy Hamilton

Jaqua, REALTORS License #6501343755 Listed on: 05/08/2018

Jaqua, REALTORS

Last Buyer's Agent

Debbie Russell-Lambert

Coldwell Banker Sneller Real Estate License #6502381054

Coldwell Banker Sneller Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,145

Year Built

  • Built in 1950

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 100x132
  • Shrub
  • Corner Lot: Yes
  • Level Lot
  • Property is zoned R-2, R-2

Parking

  • Unpaved Driveway

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 789 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Replacement Windows
  • Window Screens
  • Living Room
  • Dining Area
  • Recreation Room
  • Partial Basement
  • Storm Windows
  • Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Shed
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Septic System
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,145

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1950
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 100X132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 789.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 1145.43
  • Tax Info:Zoning3: R-2
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Windows:Replacement: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Substructure:Partial: Yes
  • Lot Description:Level: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Lot Description:Corner Lot: Yes
  • Util Avail at Street:Broadband: Yes
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Windows:Screens: Yes
  • Utilities Attached:Telephone Line: Yes
  • Substructure:Slab: Yes
  • Additional Items:Ceiling Fans: Yes
  • Windows:Storms: Yes
  • General Property Info:SqFt Above Grade: 789.0
  • General Property Info Garage YN: No
  • Architectural Style:Ranch: Yes
  • Other Structures:Storage Shed: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Partial, Slab
  • LivingArea: 789.0
  • Window Features: Storms, Screens, Replacement
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Total Basement SQFT: 546.0
  • Appliances Range: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 79900.0
  • Lot Features: Corner Lot, Level
  • Other Structures: Shed(s)
  • Patio and Porch Features: Deck
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Cable Connected, Broadband
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 0.3
  • Lot Size Area: 0.3
  • Lot Dimensions: 100X132
  • Lot Size Sq Ft: 13068.0
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1145.43
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2018
Closed on
Jun 25, 2018
Sold by
Predum Carol J
Bought by
Pettee Michael
Seller's Agent
Amy Hamilton
Jaqua, REALTORS
Buyer's Agent
Debbie Russell-Lambert
Coldwell Banker Sneller Real Estate
List Price
$79,900
Sold Price
$87,000
Premium/Discount to List
$7,100
8.89%
Current Estimated Value
$146,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,254
Avg. Annual Appreciation
7.30%
Original Mortgage
$87,878
Outstanding Balance
$76,798
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$68,450

Purchase Details

Listed on
Mar 30, 2016
Closed on
May 31, 2016
Sold by
Merrill Russell
Bought by
Predum Carol J
Seller's Agent
Jason Veenstra
eXp Realty LLC
Buyer's Agent
Nick Breedveld
Jaqua, REALTORS
List Price
$49,914
Sold Price
$43,950
Premium/Discount to List
-$5,964
-11.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.08%
Original Mortgage
$35,160
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2007
Sold by
Charter One Bank Na
Bought by
Merrill Robert and Merrill Russell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 16, 2006
Sold by
Breur Amy S
Bought by
Charter One Bank Na

Purchase Details

Closed on
Apr 29, 2005
Sold by
Ab & Cc Investments Llc
Bought by
Breur Amy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,900
Interest Rate
6.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 1993
Sold by
Todd Robert L
Bought by
Cox Victoria

Purchase Details

Closed on
Apr 1, 1985
Sold by
Lavern Lonsbury
Bought by
Robert Todd
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $87,000 Devon Title Co
Warranty Deed $43,950 A S K Services Inc
Warranty Deed $48,000 Chicago Title
Sheriffs Deed $84,553 None Available
Warranty Deed $78,900 Chicago Title
Warranty Deed $59,458 Chicago Title
Deed -- --
Deed $9,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $87,878 New Conventional
Previous Owner $35,160 New Conventional
Previous Owner $48,000 Purchase Money Mortgage
Previous Owner $78,900 New Conventional
Previous Owner $78,900 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2018 06/25/18 Sold $87,000 +8.9% $110 / Sq Ft
05/11/2018 05/11/18 Pending -- -- --
05/08/2018 05/08/18 For Sale $79,900 +81.8% $101 / Sq Ft
05/31/2016 05/31/16 Sold $43,950 -11.9% $60 / Sq Ft
04/12/2016 04/12/16 Pending -- -- --
03/30/2016 03/30/16 For Sale $49,914 -- $68 / 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 $1,178 $49,500 $5,600 $43,900
2024 $999 $48,300 $5,000 $43,300
2023 $1,016 $43,700 $5,000 $38,700
2022 $999 $36,600 $5,100 $31,500
2021 $937 $32,000 $4,300 $27,700
2020 $934 $30,100 $4,300 $25,800
2019 $896 $28,300 $4,300 $24,000
2018 $748 $24,400 $4,300 $20,100
2017 $0 $22,900 $4,300 $18,600
2016 $0 $27,600 $4,300 $23,300
2015 -- $0 $0 $0
2014 $831 $26,100 $4,300 $21,800
2013 $831 $25,400 $4,300 $21,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18019314

Southwestern Michigan Association of REALTORS®

APN: 17-280-117-00