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Off market
  • $204,800

    507 Water St, Otsego, MI 49078

    3beds
    1,170sqft
    SingleFamily
    Built in 1953
    8,712 Square Feet Lot
    $204,800 Zestimate®
    $175/sqft
    $1,751 Estimated rent

    Home value

    $204,800

    $195,000 - $217,000

    $1,751/mo

    Zestimate® history
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    What's special

    Welcome to 507 Water Street. This charming 3 bedroom home is nestled back on a quiet dead-end street only a few walking blocks from down-town Otsego. This home has all the little things to make you feel right at home, from the updated kitchen and bathroom, to the original hard wood floors. The backyard is a gem of its own with flowering trees and a large patio for entertaining and gathering. Sellers have received offers on 507 Water St. Sellers have received offers. Seller has directed all buyers to have their offer submitted by 7pm on 8/8/23.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Range / Oven, Refrigerator
    Features
    • Basement: Partially finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,170 sqft

    Property

    Features
    • Exterior features: Stucco
    Lot
    • Size: 8,712 Square Feet
    Details
    • Parcel number: 5415000600

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Composition
    Condition
    • Year built: 1953

    Utilities & green energy

    • Sewer: Public

    Community & HOA

    Location
    • Region: Otsego

    Financial & listing details

    • Price per square foot: $175/sqft
    • Tax assessed value: $151,800
    • Annual tax amount: $3,053

    Price history

    DateEventPrice
    9/8/2023Sold$165,000+10%$141/sqft
    Source: MichRIC #23028548 Report a problem
    8/9/2023Pending sale$150,000$128/sqft
    Source: MichRIC #23028548 Report a problem
    8/7/2023Listed for sale$150,000+30.4%$128/sqft
    Source: MichRIC #23028548 Report a problem
    5/16/2018Sold$115,000$98/sqft
    Source: Public Record Report a problem
    3/12/2018Listed for sale$115,000$98/sqft
    Source: 616 Realty LLC #18001159 Report a problem
    3/12/2018Pending sale$115,000$98/sqft
    Source: 616 Realty LLC #18001159 Report a problem
    1/19/2018Price change$115,000-8%$98/sqft
    Source: 616 Realty LLC #18001159 Report a problem
    1/11/2018Listed for sale$125,000+131.5%$107/sqft
    Source: 616 Realty LLC #18001159 Report a problem
    11/9/2017Sold$54,000$46/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,053 +48.9%$75,900 +11.8%
    2024$2,051 $67,900 +9.5%
    2023-- $62,000 +10.7%
    2022-- $56,000 +4.7%
    2021-- $53,500 +15.3%
    2020-- $46,400 +15.4%
    2019$1,748 +25.5%$40,200 +25.6%
    2018$1,393 $32,000 -10.6%
    2017-- $35,800 -0.3%
    2016-- $35,900
    2015-- $35,900 +5.9%
    2014$973 $33,900 +6.6%
    2013$973 $31,800 -3.3%
    2012-- $32,900 -3.2%
    2011-- $34,000 -7.6%
    2010-- $36,800 -3.9%
    2009-- $38,300 -16.6%
    2008-- $45,900 +3.4%
    2007-- $44,400 +5%
    2006-- $42,300 +0.7%
    2005-- $42,000 +1.2%
    2004-- $41,500 +3.2%
    2003-- $40,200 +0.2%
    2002-- $40,100 +8.7%
    2001-- $36,900
    Find assessor info on the county website

    Neighborhood: 49078

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Otsego

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $204,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $204,800