Sold
1607 Elm Street, Otsego, MI 49078
Sold on 05/08/2026 for$275,000
MLS # 26010501 (Michigan Regional Information Center (MichRIC))
3 beds2 baths1,144 sqftBuilt 19601.1 acres
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Listing Description
Great opportunity for a 3 bedroom 1+ bath home on an acre lot for $269,900. Home features open floor plan with spacious kitchen, dining area and living room; full ready to finish basement; new Renewal by Anderson windows and doors; whole home generator; 2 stall attached garage and an extra lot is included. Check out the pictures and call for a private tour.
Source: SparkMLS
About this home
3-bedroom, 2-bath, 1,144 sq ft home in Otsego Township in Otsego built in 1960.
Closed at $275,000 (about $240/sq ft).
Estimated annual property tax: $4,630, or about $386 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company; natural gas by Michigan Gas Utilities Corporation.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms2
Living Area1,144 sqft
Lot Size1.1 acres
Year Built1960
Stories1
Location
CityOtsego
MunicipalityOtsego City
Zip Code49078
CountyAllegan
School DistrictOtsego
Construction & Systems
StyleRanch
ConstructionBrick, Vinyl Siding
BasementDaylight, Full
Garage2 spaces
HeatingForced Air
WaterWell
SewerSeptic Tank
UtilitiesNatural Gas Connected, Cable Connected, High-Speed Internet
InteriorGarage Door Opener
Sale & Financing
Listed3/18/2026
Sold Date5/7/2026
Terms AcceptedCash, FHA, VA Loan, Rural Development, MSHDA, Conventional
Concessions$7,500
Source: SparkMLS
Tax Information
Annual Tax$4,630
Tax Year2025
Assessed Value$85,737
Parcel #17-580-021-00
Source: SparkMLS
Legal Description
LOT 21&22 SOUTH GATE DEVELOPMENT SEC 27 T1N R12W.
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Brett A Sloan
JBS Realty Group
Frequently Asked Questions about 1607 Elm Street, Otsego, MI 49078
Which school district serves 1607 Elm Street, Otsego, MI 49078?
Per MLS# 26010501, 1607 Elm Street, Otsego, MI 49078 is in the Otsego boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Otsego directly to confirm enrollment eligibility.
What type of financing is accepted for this listing?
Per MLS# 26010501, this listing accepts Cash, FHA, VA Loan, Rural Development, MSHDA, Conventional financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 1607 Elm Street, Otsego, MI 49078?
Per public tax records, annual property taxes for this property are $4,630 (2025). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 1607 Elm Street, Otsego, MI 49078 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 1607 Elm Street, Otsego, MI 49078 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 1607 Elm Street, Otsego, MI 49078?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: Michigan Gas Utilities Corporation. Sewer: Septic Tank. Water: Well. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the Otsego City police department or the Allegan County sheriff's office.
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Monthly payment$1,751
Principal & interest$1,751
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
Michigan Gas Utilities Corporation
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
1607 Elm Street, Otsego, MI 49078
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Municipality
Otsego Township
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