For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Otsego 49078
337 W Morrell Street
$130,000
● House - Off Market

337 W Morrell Street

Otsego, MI 49078
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,488 Ft²
$190,000
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model

About This Property

Many updates throughout this Cape Cod style home including newer roof that was replaced within the last five years.  New gutters installed Spring of 2019.  Furnace has recently had all internal components replaced, newer natural gas water heater, air conditioning unit that has been professionally maintained each year.   All LED lighting throughout the home.  Conveniently located and updated 3 seasons room off of kitchen which leads to patio nestled within the privately fenced in backyard.  Updated kitchen with new cabinets, counter tops and recessed lighting.   Spacious living room adjacent to formal front entry.  Jetted tub in bathroom.  Full basement for your hobbies and storage needs.  Driveway surface was freshly re-sealed last month.  Starting price below recently appraised value!
Unit Size
1,488 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$87
Property Type
House
Property Taxes
$120
HOA Dues
-
Year Built
-

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 3 years ago (MichRIC MLS #19048623)

Price History

Date / Event Date Event Price
Dec 12, 2019 Sold
Premium
Sold
Oct 4, 2019 Listed by CENTURY 21 C. Howard $129,900
Listed by CENTURY 21 C. Howard

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 936
  • Garage Type: 7
  • Garage Square Area: 308
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,852
  • Lot Size Depth Feet: 1,650
  • Lot Size Frontage Feet: 840
  • Total Building Area: 1,482
  • Building Area: 1,482
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,482
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BURLINGHAM ADDITION
  • Land Acres: 0000000318
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: W 84 FT OF E 228 FT OF W 396 FT OF E 528 FT OF THAT PT SE 1/4 NE 1/4 LYING S OF MORRELL ST & W OF BURLINGHAM'S ADD. SEC 22

Neighborhood

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

Zoning

  • Zoning: R-B

Geography

  • District: 54
  • Parcel: 54-022-132-00
  • Meridian: SEC 22 TWN 01N RNG 12W
  • Municipality: OTSEGO CITY
  • Latitude: 42.4576
  • Longitude: -85.7041

    Address

  • Full Address: 337 W Morrell St
  • Address - House Number: 337
  • Street Direction: W
  • Address - Street Name: Morrell
  • Address - Suffix Type: St
  • State: MI
  • City Name: Otsego
  • Carrier Code: C002
  • 4-Digit Zip Code: 1221
  • Zip Code: 49078

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $235,480

    Appraisal Valuation

  • Standard Deviation: 0.1683
  • Valuation Date: Dec 07, 2022
  • Confidence Score: 66
  • Final Value: 163,495
  • High Value: 191,019
  • Low Value: 135,970

    Market Valuation

  • Market Total Value: $155,400
  • Market Land Value: $14,400
  • Market Improvement Value: $141,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $77,700
  • Assessed Land Value: $7,200
  • Assessed Improvements Value: $70,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 06, 2019
  • Current Sale Recording Date: Dec 12, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 11, 2002
  • Previous Sale Contract Date: Dec 28, 2001
  • 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

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Reuben C Mishler, CENTURY 21 C. Howard
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 19048623
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 337 West Morrell Street built and last sold?
The property at 337 West Morrell Street was built in and last sold on Dec 6, 2019 for $130,000.
How much is this home worth?
The estimated value of the home located at 337 West Morrell Street is $0.
What are some comparable homes to 337 West Morrell Street?
There are currently no comparable homes to 337 West Morrell Street.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Otsego Homes for Sale
Otsego Houses for Sale
Otsego Condos for Sale
Otsego Multifamily for Sale
Otsego Land for Sale
Otsego Commercial for Sale
Otsego Homes with Basements
Otsego Homes with Pools
Nearby Cities
Plainwell Homes for Sale
Nearby Property Records
Kalamazoo County, MI Property Records
Barry County, MI Property Records
Van Buren County, MI Property Records
Allegan County, MI Property Records
Calhoun County, MI Property Records
St. Joseph County, MI Property Records
Kent County, MI Property Records
Ottawa County, MI Property Records
Nearby Counties
Plainwell Homes for Sale
Top Real Estate Agents
Top Agents in Otsego
Top Agents in 49078
Top Agents in Plainwell
Top Agents in Plainwell