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228 Temple Street

228 Temple Street, Otsego, MI 49078
Property in Otsego
Sold Aug 13, 2018
$136,500
$116,000 by Guaranteed Rate Inc
Mortgage Due Oct 01, 2051
Sold Aug 13, 2018
$5,000
228 Temple Street in Otsego, MI was first built in 1953 and is 71 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 228 Temple Street has 1,162 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 700 ft and the linear feet between the front and back of the lot is 1,320. In total, the area measurement of the land is 9,235 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 383 sqft. There is one available parking space. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 228 Temple Street sold most recently in Aug 6, 2018 for a total of $136,500. If you work out the math, that's approximately a cost of $117.47 per sqft. Before that, the property was also sold for $5,000 in Aug 6, 2018. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,092 in taxes each year. 228 Temple Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $53,000. If we break it down further, the land itself was valued at $5,800. Improvements to the property, however, were assessed at a total of $47,200. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Style: Ranch/Rambler
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 383
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 9,235
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,162
  • Building Area: 1,162
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,162
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HEALEYS ADD
  • Land Acres: 0.212
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 37 & E 4? OF LOT 36 HEALEY'S ADDITION TO THE CITY OF OTSEGO SW 1/4 SEC 23 T1N R12W (2019). SPLIT/COMBINED ON 11/20/2018

Ownership

  • Current Owner : TROWBRIDGE EMILY K
  • Previous Owner : MODERN PROPERTY INVESTMENTS LLC
  • Owner Before Previous Owner: MODERN PROPERTY INVESTMENTS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Otsego Public Schools
  • School Tax School District: OTSEGO 20
  • Census Tract: 031900

Zoning

  • Zoning: R-B

Geography

  • District: 54
  • Parcel: 54-340-036-01
  • Lot: 36-37
  • Meridian: SEC 23 TWN 01N RNG 12W
  • Municipality: OTSEGO CITY
  • Latitude: 42.4513
  • Longitude: -85.6948

    Address

  • Full Address: 228 Temple St
  • Address - House Number: 228
  • Address - Street Name: Temple
  • Address - Suffix Type: St
  • State: MI
  • City Name: Otsego
  • Carrier Code: C003
  • 4-Digit Zip Code: 1443
  • Zip Code: 49078

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,092

    Appraisal Valuation

  • Standard Deviation: 0.1651
  • Valuation Date: Dec 07, 2022
  • Confidence Score: 66
  • Final Value: 140,299
  • High Value: 163,475
  • Low Value: 117,122

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $116,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Sep 29, 2021
  • First Open Lien Mortgage Loan Amount: $116,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Market Valuation

  • Market Total Value: $106,000
  • Market Land Value: $11,600
  • Market Improvement Value: $94,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $53,000
  • Assessed Land Value: $5,800
  • Assessed Improvements Value: $47,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 06, 2018
  • Current Sale Recording Date: Aug 13, 2018
  • Current Sale Transaction ID: 11493446649
  • Current Sale Price: $136,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Aug 13, 2018
  • Previous Sale Contract Date: Aug 06, 2018
  • Previous Sale Amount: $5,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERIFIRST FINANCIAL CORP
  • First Mortgage Transaction Date: Aug 13, 2018
  • First Mortgage Loan Amount: $114,960
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2048

About Otsego



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Frequently Asked Questions

What neighborhood is 228 Temple Street located in?
The 228 Temple Street is a located in the neighborhood of Otsego in Otsego, Otsego.
What is the average sales price for listings in 228 Temple Street?
The average sales price for units in 228 Temple Street is $0 currently.

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