508 E Franklin St, Otsego, MI 49078
Property image
Property image
OFF MARKET

$179,800

Trulia Estimate
  • 3 Beds
  • 1 Bath
  • 1,356 sqft (on 0.45 acres)

508 E Franklin St, Otsego, MI 49078

Est. Refi. Payment $1,211/mo*
Refinance Your Home
Currently Off Market - Sold Feb 1, 2024 for $125,798

Home Value

Trulia Estimate
$180K
Since last month
Decreased$1K (-0.5%)
Since last year
Increased$3K (+1.5%)
Since last sale
Increased$56K (+44.8%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +194% in the last 10 years
MonthEstimated value
2026
August 2026$182K
July 2026$183K
June 2026$183K
May 2026$183K
April 2026$183K
March 2026$174K
February 2026$172K
January 2026$170K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
403 E Orleans St, Otsego, MI
0.17
Single-Family Home
$190,000
07/14/26
3
1
1,298
130 Edsell St, Otsego, MI
0.22
Single-Family Home
$123,371
06/24/26
2
1
1,216
318 S Fair St, Otsego, MI
0.42
Single-Family Home
$158,000
10/16/25
3
1
1,513
122 Mitchel St, Otsego, MI
0.12
Single-Family Home
$240,000
06/02/26
3
1.5
1,594
117 N Platt St, Otsego, MI
0.26
Single-Family Home
$210,000
05/05/26
3
1
1,478
805 Irving St, Otsego, MI
0.50
Single-Family Home
$148,000
02/20/26
2
1
1,442
525 S Wilmott St, Otsego, MI
0.31
Single-Family Home
$176,900
10/01/25
2
1
696
109 S Wilmott St, Otsego, MI
0.27
Single-Family Home
$199,900
10/28/25
3
1
1,330
507 S Farmer St, Otsego, MI
0.48
Single-Family Home
$103,500
09/22/25
3
1
1,075
225 E Franklin St, Otsego, MI
0.34
Single-Family Home
$160,000
12/19/25
2
1
1,276

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
531 E Morrell St, Otsego, MI 49078
0.07
$190,600
3
1
864
Off Market
412 E Franklin St, Otsego, MI 49078
0.09
$154,900
3
1
1,520
For Sale
311 S Platt St, Otsego, MI 49078
0.10
$153,100
2
1
952
Off Market
527 E Allegan St, Otsego, MI 49078
0.06
$252,900
3
2
1,769
Off Market
220 Walnut St, Otsego, MI 49078
0.12
$245,000
3
1
1,104
Off Market
504 E Allegan St, Otsego, MI 49078
0.08
$159,500
2
1
778
Off Market
515 E Hammond St, Otsego, MI 49078
0.12
$207,600
3
1
1,022
Off Market
413 E Hammond St, Otsego, MI 49078
0.15
$235,700
2
2
1,176
Off Market
403 E Franklin St, Otsego, MI 49078
0.13
$216,600
3
2
1,432
Off Market
506 E Hammond St, Otsego, MI 49078
0.16
$236,300
3
1
1,221
Off Market
122 Mitchel St, Otsego, MI 49078
0.12
$240,000
3
1.5
1,594
Recently Sold
516 E Hammond St, Otsego, MI 49078
0.17
$235,900
3
1
1,600
Off Market

Local Information

  • Map ViewExplore the area around 508 E Franklin St.
  • Schools2 Preschool Schools3 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1904
Lot Size
0.45 acres
Living Area
1,356 sqft
Price/Sqft
$133

About this House

Nice three bedroom colonial style home in Otsego. Upstairs is a walk-through that could be used as a fourth bedroom. Fenced yard, large lot, central air, large storage shed. Just painted, new carpet and new vinyl flooring.
508 E Franklin St, Otsego, MI 49078 is a 3 bedroom, 1 bathroom, 1,356 sqft single-family home built in 1904. It last sold for $125,798 on Feb 1, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $179,800, with a rent estimate of $1,697/month.

Home Details for 508 E Franklin St

Interior Features

Interior Details
Basement
Heating & Cooling
Heating: Forced Air, Electric, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2

Exterior Features

Exterior Home Features
Roof: CompositionExterior: Vinyl

Property Information

Year Built
Year Built: 1904
Property Type / Style
Property Type: Single Family HomeArchitecture: Colonial

Lot Information

Lot Area: 0.45 acres

Price and Tax history

DateEventPrice
Feb 1, 2024
Source: N/A
Sold
$125,798
Mar 25, 2020
Source: MichRIC #20002931
Sold
$125,500
Feb 11, 2020
Source: Agent Provided
Pending
$129,900
Jan 24, 2020
Source: Agent Provided
Listed For Sale
$129,900
Jan 8, 2004
Source: N/A
Sold
$28,500

Market trends in Otsego

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
25

Around this home

What Locals Say about Otsego

At least 43 Trulia users voted on each feature.

  • 93 % Say parking is easy

  • 91 % Say it's dog friendly

  • 88 % Say yards are well-kept

  • 82 % Say car is needed

  • 80 % Say people would walk alone at night

  • 79 % Say kids play outside

  • 71 % Say there's holiday spirit

  • 68 % Say it's walkable to restaurants

  • 67 % Say there are sidewalks

  • 65 % Say it's quiet

  • 64 % Say neighbors are friendly

  • 60 % Say streets are well-lit

  • 57 % Say they plan to stay for at least 5 years

  • 49 % Say there's wildlife

  • 44 % Say it's walkable to grocery stores

  • 13 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Richard H.
    "It’s a peaceful neighborhood too live in and raise your family. I’ve lived in the area for a couple years and I enjoy it."
    2
    Flag
  • Ma_rio_2013
    "Summer basketball tournaments. Ski resort for skiers and families. Great places to dine. Big companies in the area. "
    0
    Flag
  • Rochelle C.
    "Fine Arts Festival in September. Football games. Lots of school functions and a very friendly City to live in and raise a family. "
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 508 E Franklin St

  • What is 508 E Franklin St estimated to be worth?
    Trulia's estimated value for 508 E Franklin St in Otsego, MI is $179,800.
  • What is the price history for 508 E Franklin St?
    508 E Franklin St in Otsego, MI last sold for $125,798 in February 2024.
  • Is Otsego a buyer's or seller's market?
    Otsego is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Otsego?
    Residents describe Otsego, MI as easy to park in, dog-friendly, and well-kept. Most residents say you need a car. See recently sold homes in Otsego, MI.
  • Does 508 E Franklin St have air conditioning?
    Yes, 508 E Franklin St in Otsego, MI has air conditioning.
  • How big is the lot at 508 E Franklin St?
    The lot at 508 E Franklin St in Otsego, MI is about 0.45 acres (19,602 sq ft).

Apartments for Rent

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