324 S Fair Street, Otsego, MI 49078

New Listing
$180,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 2,054 Lot Size (sq. ft.): 5,525 Status: Active
Current Price: $180,000 List Date: 2/24/2026 Last Modified: 2/24/2026

Description

OPEN HOUSE SUNDAY 2-4pm 3/1/26 324 S Fair St Otsego MI 49078 3 bedroom 1 1/2 bath home for sale. FHA Case #265-101251 Code IE 203k eligible For More Info. including Lead Based Paint Disclosures & Condition Report, Go To Hudhomestore.gov or rainecompanies.com, Buyer to verify all info. HUD does NOT pay for title insurance. Raine makes no warranty as to the existence of mold in this property & is not liable for the potentially harmful effects thereof and makes no warranty as to the condition of the property. See attached LBP & Disclosure for HUD Homes. ASK ABOUT SPECIAL $100 DOWN FINANCING AVAILABLE ON HUD HOMES

Open Houses

Sunday, March 01, 2:00 pm - 4:00 pm

More Information MLS# 26006631

Location & Property Info

Cross Streets: Morrell & Franklin Property Sub-Type: Single Family Residence Municipality: Otsego City

Office/Contract Info

Auction or For Sale: For Sale List Price/SqFt: 87.63 Ownership Type: Government Owned

General Property Info

New Construction: No Lot Dimensions: 65 x 85 Road Frontage: 65 Garage Y/N: No Fireplace: No Waterfront: No Income Property: No Basement: Yes Total Rooms AG: 8 Total Fin SqFt All Levels: 2054 SqFt Above Grade: 2054 Below Grade Finished SqFt: 0 Below Grade Unfinished SqFt: 546 Building Total SqFt: 1551 Total Beds Above Grade: 3 Main Level Primary: Yes Stories: 2 School District: Otsego Association YN: No Lot Measurement: Acres Lot Acres: 0.13 Lot Square Footage: 5525 Year Built: 1880 Total Bedrooms: 3 Full Baths: 1 Half Baths: 1 Total Baths: 2

Tax Info

Taxable Value: 67900 SEV: 67900 For Tax Year: 2025 Seller's Annual Property Tax: 4264.86 Tax Year: 2025 Homestead %: 0 Spec Assessment & Type: Buyer to verify all Zoning: R-B Tax ID #: 54-100-095-70

Remarks & Misc

Public Remarks: OPEN HOUSE SUNDAY 2-4pm 3/1/26 324 S Fair St Otsego MI 49078 3 bedroom 1 1/2 bath home for sale. FHA Case #265-101251 Code IE 203k eligible For More Info. including Lead Based Paint Disclosures & Condition Report, Go To Hudhomestore.gov or rainecompanies.com, Buyer to verify all info. HUD does NOT pay for title insurance. Raine makes no warranty as to the existence of mold in this property & is not liable for the potentially harmful effects thereof and makes no warranty as to the condition of the property. See attached LBP & Disclosure for HUD Homes. ASK ABOUT SPECIAL $100 DOWN FINANCING AVAILABLE ON HUD HOMES Legal: ELY 1/2 OF SLY 2/5 OF LOT 95 O. P. SEC 22 & 23.

Lot Description

Corner Lot: 1 Level: 1 Sidewalk: 1

Street Type

Public: 1

Utilities Attached

Natural Gas Connected: 1

Sewer

Public Sewer: 1

Water

Public: 1

Terms Available

Cash: 1 Conventional: 1 FHA: 1

Mineral Rights

Unknown: 1

Laundry Features

Main Level: 1

Exterior Material

Vinyl Siding: 1

Roofing

Composition: 1

Heat Source

Natural Gas: 1

Sale Conditions

REO/Bank Owned: 1

Heat Type

Forced Air: 1

Access Feat

Accessibility Features: No

Upper Rooms

Upper Bedrooms: 2 Upper Half Baths: 1 Upper Level Square Feet: 776 Total Baths Above Grade: 2

Main Rooms

Main Bedrooms: 1 Main Full Baths: 1 Main Level SQFT: 1278

Lower Rooms

Lower Finished SQFT: 0 Total Lower SQFT: 0

Basement Rooms

Basement Finished SQFT: 0 Total Basement SQFT: 546

Substructure

Crawl Space: 1 Partial: 1

Windows

Replacement: 1

Patio and Porch Features

Porch(es): 1

Architectural Style

Other: 1

Possession

Close Of Escrow: 1

Location Property Info

County: Allegan Street #: 324 Street Direction: S Street Name: Fair Suffix: Street State: MI Zip Code: 49078 Zip (4): 1310

OfficeContract Info

Status: Active List Price: $180,000 Current Price: $180,000 Listing Date: 2026-02-22

Remarks Misc

Directions: US 131 & M-89 west to Fair St, south to home.

Property Features

Laundry Features: Main Level Exterior Material: Vinyl Siding Roofing: Composition Windows: Replacement Substructure: Crawl Space; Partial Lot Description: Corner Lot; Level; Sidewalk Sewer: Public Sewer Water: Public Utilities Attached: Natural Gas Connected Heat Source: Natural Gas Heat Type: Forced Air Patio and Porch Features: Porch(es) Architectural Style: Other Street Type: Public Mineral Rights: Unknown Terms Available: Cash; Conventional; FHA Possession: Close Of Escrow Sale Conditions: REO/Bank Owned
Listing Office: REO Specialists, L.L.C.
Listing Agent: Richard L Stewart
IDX
Last Updated: February - 24 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.