Sold

$271,500

513 S Farmer St, Otsego, MI 49078

3beds

1,841sqft

Single Family Residence

Built in 1900

0.25 Acres Lot

$271,900 Zestimate^®

$147/sqft

$1,953 Estimated rent

Home value

$271,900

$258,000 - $285,000

$1,953/mo

Zestimate^® history

Owner options

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$1,953/mo

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$1,953/mo

Rent Zestimate^®

Refinance and save

$1,709/mo

Est. payment

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$1,709/mo

Est. payment

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What's special

Large fenced-in backyardBeautiful landscapingOversized garageQuaint detailsUpdated insulationLarge family room

Nestled in the desirable Otsego School District, this charming 3 bedroom home offers space, flexibility, and updates that make everyday living easy. Enjoy the large fenced-in backyard, perfect for entertaining, pets, or simply relaxing outdoors. Updates include new entry doors, new water heater, updated insulation, fresh paint, and replaced decking. This home has well cared for mechanicals, and a large family room with plumbing already in place for a future bathroom--offering exciting potential for additional living space or a guest suite. The oversized garage provides plenty of room for storage, hobbies, or workspace, while the finished studio area above adds endless possibilities for a home office, creative studio, workout room, or hangout space. Beautiful landscaping and quaint details make this Otsego home a true gem that is full of potential. A property with this much versatility and value in Otsego Schools is one you won't want to miss! Schedule a showing today!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Heating

Forced Air

Cooling

Central Air

Appliances

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

Features

Eat-in Kitchen, Pantry
Flooring: Laminate
Windows: Bay/Bow
Basement: Partial
Number of fireplaces: 1
Fireplace features: Living Room, Other

Interior area

Total structure area: 1,841
Total interior livable area: 1,841 sqft
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Detached, Garage Door Opener
Garage spaces: 2

Features

Stories: 2

Lot

Size: 0.25 Acres
Dimensions: 66 x 165
Features: Level, Sidewalk, Ground Cover, Shrubs/Hedges

Details

Parcel number: 5412100800
Zoning description: Residential

Construction

Type & style

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

Materials

Vinyl Siding
Roof: Composition

Condition

New construction: No
Year built: 1900

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Phone Available, Natural Gas Available, Electricity Available, Phone Connected, Natural Gas Connected

Community & HOA

Location

Region: Otsego

Financial & listing details

Price per square foot: $147/sqft
Tax assessed value: $100,110
Annual tax amount: $4,456
Date on market: 5/21/2026
Listing terms: Cash,FHA,VA Loan,Conventional
Electric utility on property: Yes
Road surface type: Paved

Price history

Date	Event	Price
6/29/2026	Sold	$271,500+2.5%$147/sqft
Source: MichRIC #26023817 Report a problem
5/27/2026	Pending sale	$265,000$144/sqft
Source: MichRIC #26023817 Report a problem
5/21/2026	Listed for sale	$265,000+10.4%$144/sqft
Source: MichRIC #26023817 Report a problem
8/4/2023	Sold	$240,000+6.7%$130/sqft
Source: Public Record Report a problem
6/22/2023	Pending sale	$225,000$122/sqft
Source: MichRIC #23021094 Report a problem
6/19/2023	Listed for sale	$225,000+99.4%$122/sqft
Source: MichRIC #23021094 Report a problem
2/19/2019	Sold	$112,860$61/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,355 +88.5%	$110,300 +13.6%
2024	$2,311	$97,100 +17.6%
2023	--	$82,600 +12.7%
2022	--	$73,300 +6.4%
2021	--	$68,900 -0.9%
2020	--	$69,500 +17.8%
2019	$1,996 +3.2%	$59,000 +5.2%
2018	$1,934	$56,100 +18.6%
2017	--	$47,300 +19.1%
2016	--	$39,700
2015	--	$39,700 +8.2%
2014	$1,563	$36,700 +5.2%
2013	$1,563	$34,900 -4.4%
2012	--	$36,500 -7.4%
2011	--	$39,400 -4.8%
2010	--	$41,400 -7.8%
2009	--	$44,900 -17.5%
2008	--	$54,400
2007	--	$54,400 -1.8%
2006	--	$55,400 +1.3%
2005	--	$54,700 +0.9%
2004	--	$54,200 +2.8%
2003	--	$52,700 +3.1%
2002	--	$51,100 +6.5%
2001	--	$48,000