242 E Franklin St, Otsego, MI 49078 Property Records

Allegan County property record for 242 E Franklin St, Otsego, MI 49078

Property Summary

Property Type	Single Family Home
Details	3 bd · 1 ba · 1,916 sqft · built 1910
Lot Size	0.371 acres (16,161 sqft)
Owner	Individual Name on Record
Last Sale	$105,000 (Feb 2017)
Tax Bill	$2,812 (2025)
Deeds & Mortgages	Feb 2017 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`54-110-003-00`

Property Details

APN / Parcel Number

Primary APN	`54-110-003-00`
Alternative APN	`03-54-110-003-00`

Interior

Bedrooms	3 Beds
Full Baths	1 Bath
Stories	2 Stories
Building Area	1,916 sqft Living Area
1st Floor Area	1,576 sqft
Basement Area	1,360 sqft
Unfinished Basement	1,360 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1910
Effective Year Built	Effective 1910
Exterior Material	Stucco
Foundation Type	Raised
Lot Area	16,161 sqft (0.371 acres)
Lot Dimensions	165 ft deep x 98 ft wide
Garage Area	168 sqft

Utilities, Heating & Cooling

Heating System	Hot Water

Location & Zoning

Street Address	242 E FRANKLIN ST
City	OTSEGO
State	MI
Zip	49078-1322
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	R-B
Legal Description	ELY 1/2 OF LOT 2 BLOCK 10 ALSO LOT 3 BLOCK 10 O. P. SEC 22 & 23.
Legal Subdivision	CITY OTSEGO
Legal Block	10
Legal Lot Number	2-3
Jurisdiction	ALLEGAN MI
Township / Civil Division	OTSEGO
Census Block Group	2
Census Block	2009
Census Tract	31900

Owner

Source: Allegan County records, as of September 9, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of Record	Individual Name on Record
Mailing Address	242 E FRANKLIN ST, OTSEGO, MI 49078-1322
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Feb 3, 2017 · Amount on Record
Deed Sale	Feb 3, 2017 · Amount on Record
Deed Book / Page	4111 / 539
Record Updated	Oct 29, 2026

February 2017: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	ALLEGAN MI
Recording Date	Feb 3, 2017
Property Address	242 E FRANKLIN ST, OTSEGO, MI 49078-1322
Document Number	4111/539
Book / Page	4111 / 539
Map Reference	LB5 PG251
Instrument Date	Jan 27, 2017
Transaction Type	Transfer
Record Updated	Aug 3, 2021
Title Company	CHICAGO TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$903.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	987 LAKE ST, 987, SAUGATUCK, MI 49453-9738

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	242 E FRANKLIN ST, OTSEGO, MI 49078-1322

Mortgage

Document Number	4111541
Date	Feb 3, 2017
Instrument	4111/541

Lender

Name	SUCCESS MORTGAGE PARTNERS INC
Type	Mortgage Company

Agreement

Type	FHA Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Feb 1, 2047

Tax Assessment & Valuation

Source: Allegan County assessment roll, as of September 9, 2026

Property Jurisdictions

Type	Name
State	Michigan
County	Allegan County
Municipality	Otsego City
Unified School District	Otsego Public Schools (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$117,000 (+46.43%) Land $16,700 Building $100,300	$234,000 (+46.43%) Land $33,400 Building $200,600
2025	$2,812.00 (+19.46%)
2023		$79,900 Land $8,500 Building $71,400	$159,800 Land $17,000 Building $142,800
2022	$2,354.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective June 21, 2023

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 80% of the US · above 51% of Michigan
Wildfire Likelihood	0.01% annual chance
Exposure	Direct burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	OTSEGO serves 4,120 people · EPA ID MI0005060
Water Source	Groundwater
Last State Inspection	Apr 2025
Lead	Under 1 ppb (2024) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	1 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 283 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Surf Internet Fiber	8,000 / 8,000
Spectrum Cable	1,000 / 1,000
Verizon Fixed Wireless	300 / 20