Seller's Agent in 2025
Charity Sodano
Berkshire Hathaway HomeServices MI
(269) 488-0446
1 in this area
39 Total Sales
722 River Rd Otsego, MI 49078
Estimated Value: $569,000
3
Beds
1
Bath
1,388
Sq Ft
$410/Sq Ft
Est. Value
Highlights
- 17.9 Acre Lot
- Farmhouse Style Home
- Den
- Otsego High School Rated 9+
- Mud Room
- 2 Car Detached Garage
About This Home
As of April 2014Opportunity awaits in Otsego! Newly renovated inside and out farmhouse style home, offering 4 bedrooms, 2 bathrooms, an open kitchen and a nice living space with foundation for a home addition. Seller is in process of completing a 32x48 garage/out building with an estimated completion date in May. Another complement to this property is a 2-bedroom, 1 full bath, full kitchen with laundry, flat that has so many possibilities. Currently an Air B n B. Abundance of additional storage and workspace in the basement and another outbuilding. This is sitting on a total of 18.5 acres (splits available). Seller is currently offering just under 11 acres (list price reflects this) see attached parcel map with currently reserved back 3 lots (negotiable). There are a total of 6 campsites on the property with 20/30 amp hook up and available Starlink. If you like to entertain, this is your place. Bittersweet ski resort access is convenient and your not-so-distant back yard view.
Last Agent to Sell the Property
Denise Atwood
Berkshire Hathaway HomeServices MI Listed on: 11/20/2013
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,907
Year Built
- Built in 1890
Lot Details
- 17.9 Acre Lot
- The property's road front is unimproved
- Shrub
- Garden
- Back Yard Fenced
Parking
- 2 Car Detached Garage
Home Design
- Farmhouse Style Home
- Composition Roof
- Aluminum Siding
Interior Spaces
- 1,388 Sq Ft Home
- 2-Story Property
- Window Screens
- Mud Room
- Living Room
- Dining Area
- Den
- Basement Fills Entire Space Under The House
- Eat-In Kitchen
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Farming
- Tillable Land
Utilities
- Forced Air Heating System
- Heating System Uses Oil
- Well
- Septic Tank
- Septic System
- Phone Connected
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 20, 2013
Closed on
Apr 10, 2014
Sold by
Fifth Third Bank
Bought by
Anderson Mark D
Seller's Agent
Denise Atwood
Berkshire Hathaway HomeServices MI
Buyer's Agent
Charity Sodano
Berkshire Hathaway HomeServices MI
List Price
$142,900
Sold Price
$130,000
Premium/Discount to List
-$12,900
-9.03%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$439,000
Avg. Annual Appreciation
13.57%
Original Mortgage
$130,000
Outstanding Balance
$98,713
Interest Rate
4.31%
Mortgage Type
VA
Estimated Equity
$470,287
Purchase Details
Closed on
Dec 1, 1991
Sold by
Loebel Max A Estate Of
Bought by
"Bittersweet Ski Resort
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Anderson Mark D | $130,000 | None Available | |
| "Bittersweet Ski Resort | $1,800 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Anderson Mark D | $130,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/27/2025 03/27/25 | For Sale | $575,000 | +342.3% | $299 / Sq Ft |
| 04/11/2014 04/11/14 | Sold | $130,000 | -9.0% | $94 / Sq Ft |
| 03/27/2014 03/27/14 | Pending | -- | -- | -- |
| 11/20/2013 11/20/13 | For Sale | $142,900 | -- | $103 / Sq Ft |
Source: MichRIC
Tax History Compared to Growth
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 | $3,342 | $133,800 | $36,300 | $97,500 |
| 2024 | $2,818 | $117,800 | $32,000 | $85,800 |
| 2023 | $2,869 | $112,500 | $32,000 | $80,500 |
| 2022 | $2,818 | $99,200 | $25,400 | $73,800 |
| 2021 | $2,665 | $116,100 | $29,900 | $86,200 |
| 2020 | $2,628 | $116,100 | $33,800 | $82,300 |
| 2019 | $2,154 | $69,700 | $31,300 | $38,400 |
| 2018 | $2,143 | $69,200 | $31,300 | $37,900 |
| 2017 | $0 | $81,400 | $32,900 | $48,500 |
| 2016 | $0 | $69,700 | $29,900 | $39,800 |
| 2015 | -- | $69,700 | $29,900 | $39,800 |
| 2014 | $1,825 | $99,500 | $39,800 | $59,700 |
| 2013 | $1,825 | $121,200 | $36,400 | $84,800 |
Source: Public Records
Agents Affiliated with this Home
-
Charity Sodano
-
D
Seller's Agent in 2014
Denise Atwood
Berkshire Hathaway HomeServices MI
Map
Source: MichRIC
MLS Number: 13065803
APN: 17-017-018-00
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Information is deemed reliable but not guaranteed.
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