NOT LISTED FOR SALE

870 Kay St Otsego, MI 49078

Estimated Value: $311,661 - $339,000

3 Beds
2 Baths
2,174 Sq Ft
$148/Sq Ft Est. Value

Last Sold May 16, 2017

Last sale price $164,000 $75 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,991/month

13 Days on Market

Highlights

  • Recreation Room
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Otsego High School Rated 9+
  • Living Room
  • Ceiling Fan

About This Home

As of May 2017

Here is the one you have been waiting for. New carpet and paint. Wood floors in the bedrooms. Bedrooms are good size. Eating area off kitchen. Call today for a showing.

Last Agent to Sell the Property

Nick Breedveld

Jaqua, REALTORS License #6501322081 Listed on: 03/18/2017

Jaqua, REALTORS

Last Buyer's Agent

Mark DeLavern

Berkshire Hathaway HomeServices MI License #6501288825

Berkshire Hathaway HomeServices MI

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,777

Year Built

  • Built in 1967

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 88x132

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Recreation Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,777

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1967
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 88x132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2174.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 1777.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Natural Gas: Yes
  • Additional Items:Ceiling Fans: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1674.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 2174.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Basement Finished SQFT: 500.0
  • Basement Rooms:Total Basement SQFT: 1674.0
  • Below Grade Sq Ft: 500.0

Exterior Features

  • Construction Materials: Brick
  • List Price: 164900.0
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.27
  • Lot Size Area: 0.27
  • Lot Dimensions: 88x132
  • Lot Size Sq Ft: 11761.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1777.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2017
Closed on
May 16, 2017
Sold by
Rrch #4 Llc
Bought by
Thomas Anne Marie
Seller's Agent
Nick Breedveld
Jaqua, REALTORS
Buyer's Agent
Mark DeLavern
Berkshire Hathaway HomeServices MI
List Price
$164,900
Sold Price
$164,000
Premium/Discount to List
-$900
-0.55%
Current Estimated Value
$321,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,915
Avg. Annual Appreciation
8.34%
Original Mortgage
$151,000
Outstanding Balance
$125,125
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$196,790

Purchase Details

Closed on
Oct 14, 2016
Sold by
Salt Inc
Bought by
Rrch #4 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,048
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2016
Sold by
Fifth Third Mortgage Mi Llc
Bought by
Salt Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,048
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2016
Sold by
Plotts Randy C and Plotts Lisa R
Bought by
Fifth Third Mortgage Company

Purchase Details

Closed on
Jun 6, 2008
Sold by
Cooper Beatrice H and Winkel Carol
Bought by
Plotts Randy and Plotts Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,221
Interest Rate
6.05%
Mortgage Type
FHA
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
Thomas Anne Marie $164,000 Alamo Title Company
Rrch #4 Llc -- Alamo Title
Salt Inc $92,300 Alamo Title
Fifth Third Mortgage Company $112,180 Attorney
Plotts Randy $147,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Anne Marie $151,000
Previous Owner Salt Inc $77,048
Previous Owner Plotts Randy $145,221
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2017 05/16/17 Sold $164,000 -0.5% $75 / Sq Ft
03/31/2017 03/31/17 Pending -- -- --
03/18/2017 03/18/17 For Sale $164,900 -- $76 / 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 $3,411 $143,600 $16,100 $127,500
2024 $2,876 $138,000 $13,700 $124,300
2023 $2,928 $118,200 $13,700 $104,500
2022 $2,876 $109,400 $13,200 $96,200
2021 $2,721 $93,600 $12,200 $81,400
2020 $2,682 $86,000 $12,200 $73,800
2019 $2,598 $84,300 $12,200 $72,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17010904

Southwestern Michigan Association of REALTORS®

APN: 17-460-021-01