NOT LISTED FOR SALE

724 S Farmer St Otsego, MI 49078

Estimated Value: $270,000 - $312,000

4 Beds
2 Baths
1,664 Sq Ft
$173/Sq Ft Est. Value

Last Sold August 04, 2020

Last sale price $179,900 $108 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,890/month

2 Days on Market

Highlights

  • 0.63 Acre Lot
  • Pond
  • 2 Car Garage
  • Cape Cod Architecture
  • Mud Room
  • 4-minute walk to Otsego Memorial Park

About This Home

As of August 2020

Do not miss your opportunity to own this 4 bedroom, 2 bathroom Cape Cod in Otsego Schools! Walk in to find a spacious mudroom/laundry room with access to the backyard patio. Kitchen has a snack bar, pantry and comes with all appliances. Living room has lots of natural light and a view of Memorial Park across the road. Main floor also offers two bedrooms and a full bathroom. Upstairs you will find another full bathroom that was recently updated and two recently updated bedrooms, one room with a walk in closet! Basement offers tons of storage space! Outside enjoy all the beautiful landscaping on this .62 acre lot and another 2 car detached garage.

Last Agent to Sell the Property

Sarah Barnes

Live Local Properties Listed on: 06/16/2020

Last Buyer's Agent

Lance Markoski

616 Realty LLC License #6501299438

616 Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,181

Year Built

  • Built in 1972

Lot Details

  • 0.63 Acre Lot
  • Lot Dimensions are 82.5 x 330
  • Shrub
  • Garden

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Cape Cod Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,664 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Window Treatments
  • Window Screens
  • Mud Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Outdoor Features

  • Pond
  • Patio

Location

  • Mineral Rights Excluded

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,181

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Cape Cod
  • Stories: 2
  • Year Built: 1972
  • 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 330
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1664.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 2181.0
  • Waterfront Options:Water Access YN: No
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: 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
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Windows:Screens: Yes
  • Utilities Attached:Telephone Line: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Window Treatments: Yes
  • Mineral Rights:No: Yes
  • Substructure:Crawl Space: Yes
  • Landscape:Flower Garden: Yes
  • Landscape:Decor Pond: Yes
  • General Property Info:SqFt Above Grade: 1664.0
  • General Property Info Garage YN: Yes
  • Architectural Style Cape Cod: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Eat-in Kitchen, Pantry
  • Fireplace: No
  • Total Bedrooms: 4
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Crawl Space, Full
  • LivingArea: 1664.0
  • Window Features: Screens, Window Treatments
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 960.0
  • Kitchen Features:Eating Area: Yes
  • Appliances Range: Yes
  • Kitchen Features:Mud Room Access: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Snack Bar: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 179900.0
  • Patio and Porch Features: Patio
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached, Attached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features:Detached2: Yes
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.63
  • Lot Size Area: 0.63
  • Lot Dimensions: 82.5 X 330
  • Lot Size Sq Ft: 27443.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2181.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2020
Closed on
Aug 4, 2020
Sold by
Gouin Joelene Sue
Bought by
Pelky Matthew and Pelky Charlene
Seller's Agent
Sarah Barnes
Live Local Properties
Buyer's Agent
Lance Markoski
616 Realty LLC
List Price
$189,900
Sold Price
$179,900
Premium/Discount to List
-$10,000
-5.27%
Current Estimated Value
$288,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,304
Avg. Annual Appreciation
9.63%
Original Mortgage
$176,638
Outstanding Balance
$157,465
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$128,717

Purchase Details

Listed on
Sep 21, 2015
Closed on
Nov 18, 2015
Sold by
The Piper Family Trust
Bought by
Gouin Joelene Sue
Seller's Agent
Denise Atwood
Berkshire Hathaway HomeServices MI
Buyer's Agent
Michael McGrath
Keller Williams Kalamazoo Market Center
List Price
$124,900
Sold Price
$124,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.04%
Original Mortgage
$128,431
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2006
Sold by
Piper Charles E and Piper Karen A
Bought by
The Piper Family Trust
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
Pelky Matthew $179,900 None Available
Gouin Joelene Sue $124,900 West Michigan Realtors Title
The Piper Family Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pelky Matthew $176,638
Previous Owner Gouin Joelene Sue $128,431
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2020 08/04/20 Sold $179,900 -5.3% $108 / Sq Ft
06/18/2020 06/18/20 Pending -- -- --
06/16/2020 06/16/20 For Sale $189,900 +52.0% $114 / Sq Ft
11/18/2015 11/18/15 Sold $124,900 0.0% $75 / Sq Ft
09/24/2015 09/24/15 Pending -- -- --
09/21/2015 09/21/15 For Sale $124,900 -- $75 / 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 $3,835 $112,100 $14,400 $97,700
2024 $3,187 $99,000 $8,700 $90,300
2023 $3,550 $87,000 $8,200 $78,800
2022 $3,187 $77,500 $8,200 $69,300
2021 $3,176 $72,800 $8,200 $64,600
2020 $2,243 $73,200 $8,200 $65,000
2019 $2,182 $62,500 $8,200 $54,300
2018 $2,126 $58,700 $8,200 $50,500
2017 $0 $50,500 $9,400 $41,100
2016 $0 $46,400 $6,900 $39,500
2015 -- $46,400 $6,900 $39,500
2014 $1,556 $45,000 $12,900 $32,100
2013 $1,556 $42,200 $10,600 $31,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20022126

Southwestern Michigan Association of REALTORS®

APN: 54-023-088-00