Active

Price cut: $10K (9/29)

$189,900

508 E Franklin St, Otsego, MI 49078

3beds

1,188sqft

$1,356/mo

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Single Family Residence

Built in 1874

0.45 Acres Lot

$183,900 Zestimate^®

$160/sqft

$-- HOA

What's special

Fenced yardStorage shedVersatile walk-through roomComfortable living spaceConvenient main-floor laundry

Charming 3-bedroom, 1-bathroom home in the City of Otsego! The main floor features two bedrooms, a full bathroom, convenient main-floor laundry (located in bedroom), and comfortable living space. Upstairs offers a third bedroom along with a versatile walk-through room that could be used for an office, hobby area, storage, or other needs. Step outside to enjoy the fenced yard and storage shed, providing useful outdoor space and additional storage. Appliances are included for added convenience. Located close to parks, shopping, and area amenities, with easy access to US-131. This home offers functional living space and plenty of opportunity to make it your own!

47 days
707
71

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1
Main level bedrooms: 2

Heating

Forced Air

Cooling

Central Air

Appliances

Included: Dishwasher, Dryer, Range, Refrigerator, Washer
Laundry: Main Level

Features

Flooring: Carpet, Laminate
Windows: Replacement
Basement: Crawl Space,Partial
Has fireplace: No

Interior area

Total structure area: 1,188
Total interior livable area: 1,188 sqft
Finished area below ground: 0

Property

Features

Stories: 2

Lot

Size: 0.45 Acres
Dimensions: 120 x 165
Features: Sidewalk

Details

Additional structures: Shed(s)
Parcel number: 5445200100
Zoning description: Residential

Construction

Type & style

Home type: SingleFamily
Architectural style: Colonial
Property subtype: Single Family Residence

Materials

Vinyl Siding
Roof: Composition

Condition

New construction: No
Year built: 1874

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Natural Gas Connected

Community & HOA

Location

Region: Otsego

Financial & listing details

Price per square foot: $160/sqft
Tax assessed value: $46,665
Annual tax amount: $2,983
Date on market: 9/22/2026
Listing terms: Cash,Conventional
Road surface type: Paved

Estimated market value

$183,900

$175,000 - $193,000

$1,709/mo

Price history

Date	Event	Price
9/29/2026	Price change	$189,900-5%$160/sqft
Source: MichRIC #26050482 Report a problem
9/22/2026	Listed for sale	$199,900+58.9%$168/sqft
Source: MichRIC #26050482 Report a problem
2/1/2024	Sold	$125,798+0.2%$106/sqft
Source: Public Record Report a problem
3/25/2020	Sold	$125,500-3.4%$106/sqft
Source: MichRIC #20002931 Report a problem
2/11/2020	Pending sale	$129,900$109/sqft
Source: Berkshire Hathaway HomeServices Michigan Real Estate #20002931 Report a problem
1/24/2020	Listed for sale	$129,900+355.8%$109/sqft
Source: Berkshire Hathaway HomeServices Michigan Real Estate #20002931 Report a problem
1/8/2004	Sold	$28,500$24/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,062 +3.8%	$75,100 +17.7%
2024	$1,986	$63,800 +12.7%
2023	--	$56,600 +10.8%
2022	--	$51,100 +32%
2021	--	$38,700 +0.8%
2020	--	$38,400 +15%
2019	$1,612 +1.7%	$33,400 +5.7%
2018	$1,585	$31,600 +14.1%
2017	--	$27,700 +18.4%
2016	--	$23,400
2015	--	$23,400 -7.1%
2014	$1,743	$25,200 +9.6%
2013	$1,743	$23,000 -8%
2012	--	$25,000 -5.3%
2011	--	$26,400
2010	--	$26,400 -2.9%
2009	--	$27,200 -13.4%
2008	--	$31,400 -0.3%
2007	--	$31,500 +4.7%
2006	--	$30,100 +0.7%
2005	--	$29,900 +7.6%
2004	--	$27,800 -15.8%
2003	--	$33,000 +3.1%
2002	--	$32,000 +12.7%
2001	--	$28,400