2 months on rocket

507 S Farmers St, Otsego, MI, 49078

$190,000

Home List Price

$2,256*

Closing Credit

3 Bedrooms
1 Full Bath
1,607 SqFt
$118/SqFt
Condo

Location

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507 S Farmers St, Otsego$190,000

Buyer Closing Credits

$2,256*

1.25% Loan Amount

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Property Highlights

Home TypeStock Cooperative
ParkingDetached
Garage2 spaces
Year Built1890
HeatingForced Air, Natural Gas
BasementYes
MLS #72024051817
Lot Size0.22 Acres
StatusActive

About 507 S Farmers St

3 bedroom and 1 bath located right in the city of Ostego. The home includes a two car detached garage as well.

Property Details

Property Features

Property Information:

  • Year Built: 1890
  • Stories: 2
  • Living Area: 1,607 SqFt

Listing Office:

  • Office Name: Gateway Brokerage, LLC
  • Office Phone: (810) 225-1200
  • Listing Agent: Denise DeVries

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Detached

Lot Features

Lot Information:

  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: From US-131 & Plainwell/Otsego Exit (M-89); W on M-89; S on Farmer St to Home

Price Information

Listing Price Info

Price Summary:

  • List Price: $190,000
  • Price Per SqFt: $118/SqFt
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Housing Market Comparison

See how this home compares to others in Otsego, MI.

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Otsego, MI

City

Med. Sold Price

$244.9K

Med. Price/SqFt

$156

Avg. Days On Market

20

# of Sold Homes

9

507 S Farmers St vs Otsego

76 DAYS ON ROCKET

+56 Days

$190,000

-$54.9K Less

$118/SqFt

-$38 Less

KEY TAKEAWAY

This property is $54.9K less than the Median Sold Price and $38/SqFt less than other homes in Otsego, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: West Central Association of REALTORS
  • MLS Number: #72024051817

Listing Office:

  • Office Name: Gateway Brokerage, LLC
  • Office Phone: (810) 225-1200
  • Listing Agent: Denise DeVries

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:56:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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7.5% / 6.68%

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4285051
6
/10

  • Washington Street Elementary School

  • 538 Washington St

  • 0.43 miles

  • Public District Grades PK-5

school-card-donut-4285052
6
/10

  • Dix Street Elementary School

  • 503 Dix St

  • 0.49 miles

  • Public District Grades PK-5

school-card-donut-4285053
5
/10

  • Starr Elementary School

  • 601 School Dr

  • 2.67 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,828. The majority of Otsego, MI residents have income between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 507 S Farmers St

What is the listing price of this property?

The listing price of 507 S Farmers St property is $190,000.

What type of property is this?

The property 507 S Farmers St is a condo located in Otsego, Michigan, 49078.

Is this property for sale now?

Active Listing: 507 S Farmers St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 507 S Farmers St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 507 S Farmers St is 1,607 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 507 S Farmers St is 1890.

Rocket Homes›Michigan›Allegan County›Otsego›49078›507 S Farmers St

This home is located at 507 S Farmers St in Otsego, MI and zip code 49078. This 1,607 square foot home, which was built in 1890, sits on a 0.22 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 02, 2024 and is currently priced at $190,000.

In November 2024, from all listings sold in Otsego, MI there were more than 4 sold above asking price, over 5 sold below and more than 0 were sold right at the asked price. Between October 2024 and November 2024, Otsego, MI real estate market has seen decrease in the number of listings by 2.9%. The median list price of listings available in November 2024 was $244,950, while the average time on the real estate market was 20 days.

From Rocket Homes Real Estate and based on county public records data.

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