Sold
513 S Farmer Street, Otsego, MI 49078
Sold on 06/29/2026 for$271,500
MLS # 26023817 (Michigan Regional Information Center (MichRIC))
3 beds2 baths1,841 sqftBuilt 19000.25 acres
1 / 28
Listing Description
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!
Source: SparkMLS
About this home
3-bedroom, 2-bath, 1,841 sq ft home in Otsego Township in Otsego built in 1900.
This home sold for $271,500 (about $147/sq ft).
Annual property taxes run approximately $4,456 ($371/month). 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 Area1,841 sqft
Lot Size0.25 acres
Year Built1900
Stories2
Location
CityOtsego
MunicipalityOtsego City
Zip Code49078
CountyAllegan
School DistrictOtsego
Construction & Systems
StyleFarmhouse
ConstructionVinyl Siding
BasementPartial
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
UtilitiesPhone Available, Natural Gas Available, Electricity Available, Phone Connected, Natural Gas Connected
InteriorGarage Door Opener, Eat-in Kitchen, Pantry
Sale & Financing
Listed5/20/2026
Sold Date6/28/2026
Terms AcceptedCash, FHA, VA Loan, Conventional
Concessions$4,471
Source: SparkMLS
Tax Information
Annual Tax$4,456
Tax Year2025
Assessed Value$100,110
Parcel #54-121-008-00
Source: SparkMLS
Legal Description
S 66 FT OF N 198 FT OF W 165 FT OF BLOCK 21 O. P. SEC 22 & 23.
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 Julie A Baragar
Greenridge Realty (Kentwood)
Frequently Asked Questions about 513 S Farmer Street, Otsego, MI 49078
Which school district serves 513 S Farmer Street, Otsego, MI 49078?
Per MLS# 26023817, 513 S Farmer 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 financing options are available for 513 S Farmer Street, Otsego, MI 49078?
Per MLS# 26023817, this listing accepts Cash, FHA, VA Loan, 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 513 S Farmer Street, Otsego, MI 49078?
Per public tax records, annual property taxes for this property are $4,456 (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, 513 S Farmer 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 513 S Farmer 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 513 S Farmer Street, Otsego, MI 49078?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: Michigan Gas Utilities Corporation. Sewer: Public. Water: Public. 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$1,719
Principal & interest$1,719
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
513 S Farmer Street, Otsego, MI 49078
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Municipality
Otsego Township
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