NOT LISTED FOR SALE

708 S Farmer St Otsego, MI 49078

Estimated Value: $150,000 - $200,000

2 Beds
1 Bath
1,196 Sq Ft
$146/Sq Ft Est. Value

Last Sold November 13, 2018

Last sale price $90,000 $75 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $1,125/month

1 Day on Market

Highlights

  • Eat-In Kitchen
  • Window Unit Cooling System
  • Living Room
  • Brick or Stone Mason
  • Patio
  • 4-minute walk to Otsego Memorial Park

About This Home

As of November 2018

Bungalow In City of Otsego - w/small town life style yet mid way point between Gran Rapids & Kalamazoo. Two bedrooms one story (much bigger than it appears) Close to schools, shopping & Park. Spacious Kitchen good cupboards & large living room w/large amount of natural light. Newer vinyl windows & Hot water efficient heat (boiler system) & well insulated.
Fenced backyard. Charter high speed internet.
Built in entertainment center & surround sound capable. 1 year warranty AHS included.

Last Agent to Sell the Property

Rick Berner

Berner Real Estate License #6504145490 Listed on: 09/17/2018

Last Buyer's Agent

Denise Atwood

Five Star Real Estate License #6501265347

Five Star Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,330

Year Built

  • Built in 1945

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 82.5 x 132
  • Back Yard Fenced

Home Design

  • Bungalow
  • Brick or Stone Mason
  • Slab Foundation
  • Vinyl Siding
  • Stone

Interior Spaces

  • 1,196 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Living Room
  • Dining Area
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Hot Water Heating System
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Patio
  • Mineral Rights Excluded

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,330

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 1
  • Year Built: 1945
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 82.5 x 132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1196.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 1330.0
  • Manufactured:Manufactured YN: No
  • Appliances Refrigerators: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Utilities Attached:Telephone Line: Yes
  • Heat Type:Hot Water: Yes
  • Substructure:Slab: Yes
  • Additional Items:Window Treatments: Yes
  • Water Heater:Natural Gas4: Yes
  • Additional Items:Home Warranty: Yes
  • Mineral Rights:No: Yes
  • Air Conditioning:Window Unit(s): Yes
  • General Property Info:SqFt Above Grade: 1196.0
  • General Property Info Garage YN: No
  • Fencing:Fenced Back: Yes
  • Architectural Style Bungalow: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator
  • Interior Amenities: Eat-in Kitchen, Pantry
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Slab
  • LivingArea: 1196.0
  • Window Features: Window Treatments
  • General Property Info:Stories2: 1.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Kitchen Features Pantry: Yes

Exterior Features

  • Construction Materials: Stone, Vinyl Siding
  • Fencing: Fenced Back
  • Home Warranty: Yes
  • List Price: 89900.0
  • Patio and Porch Features: Patio
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Stone: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Hot Water
  • Heating: Yes
  • Sewer: Public
  • Utilities: Phone Connected, Natural Gas Connected, Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Dimensions: 82.5 x 132
  • Lot Size Sq Ft: 10890.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1330.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2018
Closed on
Oct 17, 2018
Sold by
Blake Tracy and Blake Raigen
Bought by
Hunderman Caleb and Hunderman Mekala
Seller's Agent
Rick Berner
Berner Real Estate
Buyer's Agent
Denise Atwood
Five Star Real Estate
List Price
$79,900
Sold Price
$90,000
Premium/Discount to List
$10,100
12.64%
Current Estimated Value
$175,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,119
Avg. Annual Appreciation
10.20%
Original Mortgage
$90,909
Outstanding Balance
$80,404
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$93,445

Purchase Details

Listed on
Feb 22, 2016
Closed on
Apr 8, 2016
Sold by
Culver Amanda M
Bought by
Blake Tracy and Blake Raigen
Seller's Agent
Greg Miller
Berkshire Hathaway HomeServices MI
Buyer's Agent
Cynthia Reese
Advanced Real Estate Services
List Price
$79,900
Sold Price
$66,900
Premium/Discount to List
-$13,000
-16.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.08%
Original Mortgage
$65,687
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 18, 2014
Sold by
Culver Lowell C and Culver Jessica
Bought by
Culver Amanda M and Culver Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2002
Sold by
Doubblestein Darl and Doubblestein Bonnie K
Bought by
Culver Lowell C and Culver Amanda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,327
Interest Rate
7.03%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 23, 1999
Sold by
Doubblestein Bonnie
Bought by
Doubblestein Darl and Doubblestein Bonnie

Purchase Details

Closed on
Mar 25, 1999
Sold by
Warning Mildred
Bought by
Doubblestein Bonnie
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
Hunderman Caleb $90,000 None Available
Blake Tracy $66,900 Title Resource Agency
Culver Amanda M -- None Available
Culver Lowell C $69,400 Devon Title Agency
Doubblestein Darl -- --
Doubblestein Bonnie $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hunderman Caleb $90,909
Previous Owner Blake Tracy $65,687
Previous Owner Culver Amanda M $58,000
Previous Owner Culver Lowell C $68,327
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2018 11/13/18 Sold $90,000 +12.6% $75 / Sq Ft
09/18/2018 09/18/18 Pending -- -- --
09/17/2018 09/17/18 For Sale $79,900 +19.4% $67 / Sq Ft
04/08/2016 04/08/16 Sold $66,900 -16.3% $86 / Sq Ft
03/10/2016 03/10/16 Pending -- -- --
02/22/2016 02/22/16 For Sale $79,900 -- $103 / 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 $2,048 $65,700 $12,000 $53,700
2024 $1,663 $56,800 $7,200 $49,600
2023 $1,851 $50,000 $6,800 $43,200
2022 $1,663 $44,800 $6,800 $38,000
2021 $1,657 $42,200 $6,800 $35,400
2020 $1,634 $42,400 $6,800 $35,600
2019 $1,590 $36,500 $6,800 $29,700
2018 $1,339 $34,600 $6,800 $27,800
2017 $0 $30,100 $7,400 $22,700
2016 $0 $27,100 $5,400 $21,700
2015 -- $27,100 $5,400 $21,700
2014 $1,321 $27,200 $9,500 $17,700
2013 $1,321 $25,300 $7,800 $17,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18045945

Southwestern Michigan Association of REALTORS®

APN: 54-023-085-00