NOT LISTED FOR SALE

969 N 16th St Otsego, MI 49078

Estimated Value: $231,000 - $293,932

3 Beds
2 Baths
2,038 Sq Ft
$131/Sq Ft Est. Value

Last Sold June 13, 2014

Last sale price $110,000 $54 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $1,620/month

38 Days on Market

Highlights

  • 2.5 Acre Lot
  • Deck
  • Porch
  • Otsego High School Rated 9+
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of June 2014

Minutes away from the city & all major shopping is a charming beautiful country home on 2.5 acres built in 1998, private & secluded. Private walking trails, campfire site, horseshoe pits, apple & cherry trees w/plenty of wildlife. Main floor is spacious w/all oak cabinetry, solid oak trim doors, spacious kitchen & dining area w/sliders to large rear deck. Home has an open living room, 3 full bedrooms on main floor w/two full baths. Wood floors & carpet throughout. Master bedroom features shower, bath & jacuzzi tub. Detached garage can fit up to 3 cars & nice workbench area, also has room for an apartment. The basement has an additional three extra rooms; bedroom, rec room, children's playroom & full utility room. Lots of storage space. Home has 4 inch well & septic system. Otsego Schools, High School is newer. Schools just minutes away. Enjoy the private & country life, yet just minutes away from all your needs. Basement 3/4 Finished. Offers subject to lenders approval of short sale.

Last Agent to Sell the Property

Nick Breedveld

Jaqua, REALTORS License #6501322081 Listed on: 05/05/2014

Jaqua, REALTORS

Last Buyer's Agent

Frank Barber

Five Star Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,629

Year Built

  • Built in 1998

Lot Details

  • 2.5 Acre Lot
  • Lot Dimensions are 327.88 x 323.13

Parking

  • 2 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,629

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1998
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: 327.88 X 323.13
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2038.0
  • Tax Info:Annual Property Tax: 1629.0
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • General Property Info:Fireplace: No
  • Substructure:Daylight: Yes
  • General Property Info:SqFt Above Grade: 1288.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Daylight, Full
  • LivingArea: 2038.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Basement Finished SQFT: 750.0
  • Basement Rooms:Total Basement SQFT: 1288.0
  • Below Grade Sq Ft: 750.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 115000.0
  • Patio and Porch Features: Deck, Porch(es)
  • Road Surface Type: Paved
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Patio and Porch Features:Porch(es): Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 2.5
  • Lot Size Area: 2.5
  • Lot Dimensions: 327.88 X 323.13
  • Lot Size Sq Ft: 108900.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1629.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2014
Closed on
Jun 13, 2014
Sold by
Bowling Marjorie and Bowling Melissa
Bought by
Cahoon Timothy and Cahoon Samantha
Seller's Agent
Nick Breedveld
Jaqua, REALTORS
Buyer's Agent
Frank Barber
Five Star Real Estate
List Price
$115,000
Sold Price
$110,000
Premium/Discount to List
-$5,000
-4.35%
Current Estimated Value
$265,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,983
Avg. Annual Appreciation
8.10%
Original Mortgage
$108,007
Outstanding Balance
$83,431
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$182,552

Purchase Details

Closed on
Jul 15, 2008
Sold by
Trott & Trott Pc
Bought by
Bowling Melissa and Bowling Marjorie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,897
Interest Rate
6.36%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 15, 2007
Sold by
Mortgage Electronic Registration Systems
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 18, 2007
Sold by
Berends Linda M and Berends Dick
Bought by
Mortgage Electronic Registration Systems
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
Cahoon Timothy $110,000 Chicago Title
Bowling Melissa $114,900 Warranty Title Agency Llc
Federal National Mortgage Association -- None Available
Mortgage Electronic Registration Systems $114,047 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cahoon Timothy $108,007
Previous Owner Bowling Melissa $119,897
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2014 06/13/14 Sold $110,000 -4.3% $54 / Sq Ft
06/12/2014 06/12/14 Pending -- -- --
05/05/2014 05/05/14 For Sale $115,000 -- $56 / 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 $2,447 $123,800 $13,500 $110,300
2024 $2,065 $108,700 $13,100 $95,600
2023 $2,102 $92,000 $12,900 $79,100
2022 $2,065 $86,100 $13,200 $72,900
2021 $1,950 $81,300 $11,200 $70,100
2020 $1,927 $72,600 $9,900 $62,700
2019 $1,863 $67,100 $8,700 $58,400
2018 $1,787 $58,700 $8,500 $50,200
2017 $0 $58,200 $7,700 $50,500
2016 $0 $56,900 $7,700 $49,200
2015 -- $56,900 $7,700 $49,200
2014 $1,836 $67,400 $7,900 $59,500
2013 $1,836 $62,700 $8,600 $54,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14022886

Southwestern Michigan Association of REALTORS®

APN: 17-011-010-12