NOT LISTED FOR SALE

113 Otsego Place Cadillac, MI 49601

Estimated Value: $194,000 - $274,000

3 Beds
1.5 Baths
1,200 Sq Ft
$205/Sq Ft Est. Value

Last Sold March 01, 2018

Last sale price $128,000 $107 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $1,535/month

3 Days on Market

Highlights

  • Water Views
  • Wooded Lot
  • 1 Car Attached Garage
  • Lake Privileges
  • Screened Porch
  • Bay Window

About This Home

As of March 2018

Gorgeous views of Lake Cadillac!! Very nice 3bd/1.5bth with 1200 sqft! Home includes many great updates including flooring, furnace, water heater, bay window and much more! Close to school, parks, bike/hiking trails, frisbee golf, boat launch, fishing and more! Enjoy the benefits of lakefront living without the high cost!

Last Agent to Sell the Property

Barry Fall

ERA Greater North Properties License #6502354305 Listed on: 01/03/2018

ERA Greater North Properties

Last Buyer's Agent

Jeff Wagner

Coldwell Banker Schmidt-Cadillac License #6501301902

Coldwell Banker Schmidt-Cadillac

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,610

Year Built

  • Built in 1940

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 60 x 125
  • Wooded Lot
  • The community has rules related to zoning restrictions

Home Design

  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • Wood Burning Fireplace
  • Bay Window
  • Screened Porch
  • Water Views

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Drive Under Main Level

Outdoor Features

  • Lake Privileges
  • Patio
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,610

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Bi-Level
  • Estimated Year Built: 1940
  • Construction: Frame
  • Principal Residence: Yes
  • Section Number: 6
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Appliances Equipment: Oven/Range, Dishwasher, Natural Gas Water Heater
  • Interior Amenities: Bay Window(s), Drywall
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 11.5x11.5, On Level: Upper Floor
  • Bedroom 2: Dimensions: 9.6x14.6, On Level: Upper Floor
  • Bedroom 3: Dimensions: 8x11.6, On Level: Upper Floor
  • Total Bathrooms: 1.5
  • Primary Bathroom: Private
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Dining Room: Dimensions: 10.6x11, On Level: Main Floor
  • Kitchen: Dimensions: 10.6x13, On Level: Main Floor
  • Living Room: Dimensions: 16.6x24.5, On Level: Main Floor
  • Estimated Above Ground Finished Sq Ft: 1200
  • Estimated Below Grade Unfinished Sq Ft: 576
  • Price Per Sq Ft: 106.67
  • Range: R 9W
  • Total Finished Sf Apx: 1200

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Exterior Features: Patio, Porch, Screened Porch
  • Exterior Finish: Vinyl
  • Foundation: Partial, Crawl Space
  • Number Of Acres: 0.23
  • Road: Blacktop
  • Roof: Asphalt
  • Water Features: Water View

Garage/Parking

  • Driveway: Concrete
  • Garage Capacity: 1
  • Primary Garage: Attached, Drive Under/Built-In, Heated

Utilities

  • Fireplaces And Stoves: Fireplace(s), Wood
  • Heating Cooling Types: Forced Air
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV
  • Water: Municipal

Association/Amenities

  • Development Amenities: Lake Privileges

Schools

  • School District: Cadillac Area Public Schools

Lot Info

  • Land Features: Wooded
  • Lot Dimensions: 60 X 125
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

Tax Info

  • Taxable Value: 37800
  • Total Taxes: 1610

MLS Schools

  • School District: Cadillac Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2018
Closed on
Mar 1, 2018
Sold by
Vaughan Jason P
Bought by
Torres Richard P and Torres Pollyanna
Seller's Agent
Barry Fall
ERA Greater North Properties
Buyer's Agent
Jeff Wagner
Coldwell Banker Schmidt-Cadillac
List Price
$124,900
Sold Price
$128,000
Premium/Discount to List
$3,100
2.48%
Current Estimated Value
$245,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,563
Avg. Annual Appreciation
8.89%
Original Mortgage
$125,681
Outstanding Balance
$107,517
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$138,046

Purchase Details

Listed on
Mar 31, 2016
Closed on
Oct 31, 2016
Sold by
Cederstrom Brian and Cederstrom Michael
Bought by
Vaughan Jason P
Seller's Agent
Lynn Spence
RE/MAX Central-Cadillac
Buyer's Agent
Barry Fall
Era Greater North Prop
List Price
$124,900
Sold Price
$110,000
Premium/Discount to List
-$14,900
-11.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.07%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Torres Richard P $128,000 --
Vaughan Jason P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Richard P $125,681
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2018 03/01/18 Sold $128,000 +2.5% $107 / Sq Ft
01/06/2018 01/06/18 Pending -- -- --
01/03/2018 01/03/18 For Sale $124,900 +13.5% $104 / Sq Ft
10/31/2016 10/31/16 Sold $110,000 0.0% $62 / Sq Ft View Prior Sale
10/31/2016 10/31/16 Sold $110,000 -11.9% $92 / Sq Ft View Prior Sale
09/16/2016 09/16/16 Pending -- -- --
09/16/2016 09/16/16 Pending -- -- --
03/31/2016 03/31/16 For Sale $124,900 0.0% $70 / Sq Ft
03/14/2016 03/14/16 For Sale $124,900 -- $104 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,963 $110,500 $0 $0
2024 $2,093 $95,300 $0 $0
2023 $2,735 $84,900 $0 $0
2022 $2,735 $68,100 $0 $0
2021 $2,670 $58,100 $0 $0
2020 $2,665 $57,700 $0 $0
2019 $2,669 $57,600 $0 $0
2018 -- $51,000 $0 $0
2017 -- $37,800 $0 $0
2016 -- $38,200 $0 $0
2015 -- $45,200 $0 $0
2013 -- $35,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Barry Fall

    Seller's Agent in 2018

    Barry Fall

    ERA Greater North Properties

    (231) 357-4673

    267 Total Sales

    Barry Fall
    Section Image

  • J

    Buyer's Agent in 2018

    Jeff Wagner

    Coldwell Banker Schmidt-Cadillac

    (231) 510-1286

    172 Total Sales

    Jeff Wagner
    Section Image
  • Lynn Spence

    Seller's Agent in 2016

    Lynn Spence

    RE/MAX Michigan

    (231) 388-0405

    66 Total Sales

    Lynn Spence
    Section Image
See All Agents

Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1841654

Northern Great Lakes REALTORS® MLS

APN: 10-066-00-173-00

Michigan Wexford County Cadillac 49601

113 Otsego Place, Cadillac, MI

This home is located at 113 Otsego Place, Cadillac, MI 49601 since 03 January 2018 and is currently estimated at $245,563, approximately $204 per square foot. This property was built in 1940. 113 Otsego Place is a home located in Wexford County with nearby schools including Kenwood Elementary School, Cadillac Junior High School, and Mackinaw Trail Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Great Lakes REALTORS® MLS The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

Nearby Homes