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Otsego 49078
134 Florence Street
$105,000
● House - Off Market

134 Florence Street

Otsego, MI 49078
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,326 Ft²
$201,564
RealtyHop Estimate
86.63%
Since Dec 1, 2014
National-US
Primary Model

About This Property

Great home that has been completely redone. Nice sized living room with fireplace, 2 bedrooms on the main level. Large master suite upstairs with nice modern bathroom. Home has a large kitchen with all new appliances. Large deck that wraps around the home. Basement with access from behind the home would make for a great man cave/living space. This home is on a quiet cul-de-sac. So many unique features to this home. A 1 year home warranty is included.
Unit Size
1,326 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$81
Property Type
House
Property Taxes
$77
HOA Dues
-
Year Built
1900

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (MichRIC MLS #14048802)

Price History

Date / Event Date Event Price
Jun 28, 2021 Sold
Premium
Sold
Apr 27, 2021 Listed by Berkshire Hathaway HomeServices MI $160,000
Listed by Berkshire Hathaway HomeServices MI
Oct 10, 2017 Sold
Premium
Sold
Aug 14, 2017 Listed by Berkshire Hathaway HomeServices MI $135,000
Listed by Berkshire Hathaway HomeServices MI
Nov 18, 2014 Sold
Premium
Sold
Show More

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 810
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,672
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 810
  • Total Building Area: 1,026
  • Building Area: 1,026
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,026
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JOHN KOLVOORDS ADD
  • Land Acres: 0000000245
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 13 ALSO THE S 15' OF LOT 15 JOHN KOLVOORD'S ADDITION

Neighborhood

  • School District Name: Otsego Public Schools
  • School Tax School District: OTSEGO 20
  • Census Tract: 031800

Zoning

  • Zoning: R-B

Geography

  • District: 54
  • Parcel: 54-550-013-00
  • Lot: 13,15
  • Municipality: OTSEGO CITY
  • Latitude: 42.4663
  • Longitude: -85.6987

    Address

  • Full Address: 134 Florence St
  • Address - House Number: 134
  • Address - Street Name: Florence
  • Address - Suffix Type: St
  • State: MI
  • City Name: Otsego
  • Carrier Code: C005
  • 4-Digit Zip Code: 1034
  • Zip Code: 49078

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $164,377

    Appraisal Valuation

  • Standard Deviation: 0.275
  • Valuation Date: Dec 07, 2022
  • Confidence Score: 60
  • Final Value: 157,428
  • High Value: 200,725
  • Low Value: 114,132

    Market Valuation

  • Market Total Value: $77,000
  • Market Land Value: $12,000
  • Market Improvement Value: $65,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $38,500
  • Assessed Land Value: $6,000
  • Assessed Improvements Value: $32,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 08, 2021
  • Current Sale Recording Date: Jun 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Oct 10, 2017
  • Previous Sale Contract Date: Oct 05, 2017
  • Previous Sale Amount: $132,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Otsego

Stats & Trends

Median Asking:

$230,000

Sale Price/ft²

$149

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1451 ft²

Average Home Age

106.5 years

Currently For Sale

11 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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MichRIC

Listed by: Brenda Curtenius, Berkshire Hathaway HomeServices MI
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 14048802
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 134 Florence Street built and last sold?
The property at 134 Florence Street was built in 1900 and last sold on Jun 8, 2021 for $175,000.
How much is this home worth?
The estimated value of the home located at 134 Florence Street is $162,937.
What are some comparable homes to 134 Florence Street?
There are currently no comparable homes to 134 Florence Street.
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