NOT LISTED FOR SALE

902 Eley St Otsego, MI 49078

Estimated Value: $327,398 - $379,000

3 Beds
2.5 Baths
1,826 Sq Ft
$193/Sq Ft Est. Value

Last Sold October 12, 2012

Last sale price $110,000 $60 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $2,197/month

86 Days on Market

About This Home

As of October 2012

HUD HOME. Located in the desired subdivision of Eley Acres. A two story home with nearly 1,800 finished square feet with many fine amenities. First floor offers a functional kitchen with eating area and laundry room with access to garage. An open staircase to the upper level which has the master bedroom with master bath offering separate shower and tub and walk-in closet. Two more bedrooms and full bath complete the upstairs. From the upper level landing you will enjoy the lovely railing overlooking the two story foyer below. The basement has 9' ceilings and two egress windows and plumbed for a fourth bath. For overbidding and/or escrow repair information, please see attached Overbidding and Escrow Repair MLS addendum.Price reduced

Last Agent to Sell the Property

Nick Breedveld

Jaqua, REALTORS License #6501322081 Listed on: 05/24/2012

Jaqua, REALTORS

Last Buyer's Agent

Jeff Bertolissi

Berkshire Hathaway HomeServices MI License #6502334351

Berkshire Hathaway HomeServices MI

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • 0.36 Acre Lot

Parking

  • Attached Garage

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,826 Sq Ft Home
  • Natural lighting in basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 2004
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Daylight
  • LivingArea: 1826.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 101500.0
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Garage: Yes

Utilities

  • Utilities: Electricity Connected, Public Sewer

Lot Info

  • Lot Size Acres: 0.36
  • Lot Size Area: 0.36
  • Lot Size Sq Ft: 15682.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2012
Closed on
Oct 10, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Kettner Aarron Stephen and Kettner Erica Patricia
Seller's Agent
Nick Breedveld
Jaqua, REALTORS
Buyer's Agent
Jeff Bertolissi
Berkshire Hathaway HomeServices MI
List Price
$145,000
Sold Price
$110,000
Premium/Discount to List
-$35,000
-24.14%
Current Estimated Value
$352,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,247
Avg. Annual Appreciation
9.18%
Original Mortgage
$112,244
Outstanding Balance
$77,945
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$274,905

Purchase Details

Closed on
Feb 3, 2011
Sold by
Flagstar Bank Fsb
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Dec 7, 2010
Sold by
Mortgage Electronic Registration Systems
Bought by
Flagstar Bank Fsb

Purchase Details

Closed on
Oct 21, 2010
Sold by
Lauren Sean and Lauren Emily
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Apr 26, 2007
Sold by
Us Bank Na
Bought by
Lauren Sean and Lauren Emily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.2%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 6, 2006
Sold by
Nightingale Audrey L and Nightingale Charles D
Bought by
Us Bank Na

Purchase Details

Closed on
Jan 12, 2004
Sold by
City Of Otsego
Bought by
Nightingale Charles D and Nightingale Audrey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.08%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Kettner Aarron Stephen $110,000 None Available
Secretary Of Housing & Urban Development -- None Available
Flagstar Bank Fsb -- --
Mortgage Electronic Registration Systems $196,571 None Available
Lauren Sean $135,000 Metropolitan Title Company
Us Bank Na $158,585 None Available
Nightingale Charles D $28,351 Transnation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kettner Aarron Stephen $112,244
Previous Owner Lauren Sean $135,000
Previous Owner Nightingale Charles D $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2012 10/12/12 Sold $110,000 -24.1% $60 / Sq Ft
08/18/2012 08/18/12 Pending -- -- --
05/24/2012 05/24/12 For Sale $145,000 -- $79 / Sq Ft
Source: MichRIC

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 $4,256 $139,700 $17,500 $122,200
2024 $3,643 $131,700 $12,500 $119,200
2023 $4,058 $117,200 $10,000 $107,200
2022 $3,643 $109,600 $10,000 $99,600
2021 $3,630 $103,200 $10,000 $93,200
2020 $3,578 $102,200 $10,000 $92,200
2019 $3,481 $93,700 $10,000 $83,700
2018 $3,396 $89,100 $10,000 $79,100
2017 $0 $85,700 $8,000 $77,700
2016 $0 $81,900 $7,700 $74,200
2015 -- $81,900 $7,700 $74,200
2014 $2,909 $76,800 $15,000 $61,800
2013 $2,909 $72,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nick Breedveld

    Seller's Agent in 2012

    Nick Breedveld

    Jaqua, REALTORS

    (269) 377-8075

    16 in this area

    40 Total Sales

    Nick Breedveld
    Section Image

  • J

    Buyer's Agent in 2012

    Jeff Bertolissi

    Berkshire Hathaway HomeServices MI

    (269) 342-5600

    1 in this area

    44 Total Sales

    Jeff Bertolissi
    Section Image

  • J

    Buyer's Agent in 2012

    Jeffrey Bertolissi

    Prudential Preferred, REALTORS

See All Agents

Map

Source: MichRIC

MLS Number: 12028984

MichRIC

APN: 54-278-149-00

Michigan Allegan County Otsego 49078

902 Eley St, Otsego, MI

Not Listed for Sale

Detached

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