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$225,000

Beds
3
Baths
1.0
sq ft
1,414

123 N Grant St, Otsego, MI 49078

123 N Grant St

Otsego, MI 49078

  • 2 days on market
Welcome Home! This adorable farmhouse offers comfortable living and renovations galore. New kitchen cabinets, center island, coffee bar, beautiful wood trim throughout, new replacement windows, vinyl floors, and a main-floor laundry. A brand-new foundation provides daylight windows, 2 bedrooms, bathroom-ready plumbing, and additional unfinished living space. This 2-story, 3 bedroom (possible 4th), 1-bath home is located on a large corner lot in walking distance of Otsego schools and downtown. The yard offers a firepit, playground, and ample room for a garden. That's not all, a new furnace (2018), AC (2020), new roof (shingled portion 2021), updated electrical panels, ductwork, and insulated basement (2020).

Details

Property type

Single Family Residence

Est. home value

$170,450

Lot size

0.39 acres

Price per sq ft

$160

Year built

1983

Annual property taxes

$4,260.62

Price History

03/12/2025
Realcomp

Realcomp #64025009131

Listed
$225,000
+80%
01/05/2021
Realcomp

Realcomp #66020040998

Sold
$125,000
+6.84%
09/24/2019
Realcomp

Realcomp #66019045469

Sold
$117,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Otsego

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$116,518
Asking price
$225,000
Closing costs (~8% of asking)
-$18,000
Est. remaining loan balance
-$90,482
Cash to seller
$116,518

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Kalsee Cu

Loan start date

January 2021

Original loan amount

$100,000

Est. remaining balance

$90,482

Interest rate

2.72%

Loan type

New Conventional, 30 year

Seller

Jacob Watson

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/15/2025 at 11:05 AM

Listing updated: 03/15/2025 at 10:54 AM

Listed by: Maria Heathcoat, Jaqua REALTORS Phone #: (269) 704-1000

MLS: Realcomp #64025009131

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