NOT LISTED FOR SALE

12191 Arrowood Dr Otisville, MI 48463

Estimated Value: $411,000 - $514,000

4 Beds
3 Baths
2,784 Sq Ft
$161/Sq Ft Est. Value

Sale Details

Date Sold: May 6, 2020

Last sale price $330,000 $119 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,859 / mo

5 Days on Market

Highlights

  • Waterfront
  • Deck
  • Wood Flooring
  • 10.14 Acre Lot
  • Ranch Style House
  • Gazebo

About This Home

As of May 2020

Tucked amongst 10 wooded, rolling acres, this stunning 4 bedroom 4 bath home perches on a hill overlooking a quiet lake. The smooth limestone path leads from the house to the lake, passing over a pretty bridge which spans the babbling brook as it meanders lazily through the property. Lakeside you’ll find a grassy lawn for games or sports, an enclosed gazebo, a sandy beach area, an aluminum dock, a fire pit and a roomy shed to store the lake toys! The home has a comfortable open floor plan and is meticulously maintained! There is a full finished walkout basement with a cozy fireplace, a newly updated kitchen with granite countertops and gleaming wood flooring, a new composite deck overlooking the lake and a screened porch off the kitchen which is a perfect spot to enjoy breakfast serenaded by the many varieties of birds on the property. Welcome to Paradise!

Last Agent to Sell the Property

Mike Sanford

Allstate Properties.com License #FAAR-123580 Listed on: 03/09/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1994

Lot Details

  • 10.14 Acre Lot
  • Lot Dimensions are 361x1234
  • Waterfront
  • Rural Setting

HOA Fees

  • $27 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Window Treatments
  • Family Room with Fireplace
  • Home Security System

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Sump Pump
  • Basement Window Egress

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Gazebo

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Liquid Propane Gas Water Heater
  • Water Softener is Owned
  • Septic Tank

Community Details

  • Stacey Barden HOA

Listing and Financial Details

  • Assessor Parcel Number 0915400014

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,728

Year Built

Built in 1994

Lot Details

10.14 Acres

HOA Fees

$27 per month

Listing Details

  • Originating MLS: East Central Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 4727.68
  • Total Tax Year: 2019
  • Year Built: 1994
  • Mail City: Otisville
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Security System, Window Treatment(s)
  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer, Water Softener - Owned
  • Fireplace: Yes
  • Fireplaces: FamRoom Fireplace, Natural Fireplace
  • Basement: Yes
  • Basement: Egress/Daylight Windows, Finished, Walk Out, Sump Pump
  • Bedrooms: 4
  • Bedroom 1: On Entry Level, Dimensions: 15 x 12
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On Entry Level, Dimensions: 14 x 11
  • Bedroom 2 Floor Covering: Carpet
  • Bedroom 3: On Lower Floor, Dimensions: 13 x 12
  • Bedroom 3 Floor Covering: Carpet
  • Bedroom 4: On Lower Floor, Dimensions: 13 x 11
  • Bedroom 4 Floor Covering: Carpet
  • Full Bathrooms: 3
  • Total Bathrooms: 4
  • Bathroom 1: Dimensions: 18 x 8, On Level: Entry, Flooring: Ceramic
  • Bathroom 2: Dimensions: 8 x 8, On Level: Entry, Flooring: Ceramic
  • Bathroom 3: Dimensions: 9 x 5, On Level: Lower, Flooring: Ceramic
  • Dining Room: On Entry Level, Dimensions: 14 x 11
  • Dining Room Floor Covering: Wood
  • Family Room: On Lower Floor, Dimensions: 28 x 15
  • Family Room Floor Covering: Carpet
  • Kitchen: On Entry Level, Dimensions: 14 x 12
  • Kitchen Floor Covering: Wood
  • Laundry: On Entry Level, Dimensions: 8 x 6
  • Laundry Room Floor Covering: Ceramic
  • Living Room: On Entry Level, Dimensions: 20 x 16
  • Living Room Floor Covering: Carpet
  • Other Room1: Dimensions: 9x5, On Level: Entry, Flooring: Ceramic
  • Below Grade Sq Ft: 1584
  • Finished Below Grade Sq Ft: 1200
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 1584
  • Total Finished Sq Ft: 2784

Exterior Features

  • Exterior: Aluminum, Brick
  • Exterior Features: Deck
  • Foundation: Basement
  • Frontage: 361
  • Road: Gravel, Private Road
  • Water Features: Lake Frontage
  • Waterfront: Yes
  • Out Buildings: Gazebo

Garage/Parking

  • Garage: Gar Door Opener, Attached Garage, Electric in Garage
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: LP/Propane Gas
  • Sewer: Septic
  • Water: Private Well
  • Water Heater: Propane Hot Water
  • Cooling: Central A/C

Condo/Co-op/Association

  • HOA Fees: 325
  • HOA Fee Frequency: Yearly
  • Association Contact: Stacey Barden
  • Association Phone: 810-7308604
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 0915400014
  • Zoning: Residential
  • Lot Dimensions: 361x1234
  • Acreage: 10.14
  • Geo Subdivision: MI
  • Site/Lot Features: Rural

Tax Info

  • Summer Tax: Year: 2019, Amount: $1,111.64
  • Winter Tax: Year: 2019, Amount: $3,616.04
  • Total Tax: Year: 2019, Amount: $4,727.68

MLS Schools

  • School District: Lakeville Comm School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2020
Closed on
May 6, 2020
Sold by
Kring Jonathan F and Kring Christina A
Bought by
Kern Mary and Kern Steven
Seller's Agent
Mike Sanford
Allstate Properties.com
Buyer's Agent
Mike Sanford
Allstate Properties.com
List Price
$349,900
Sold Price
$330,000
Premium/Discount to List
-$19,900
-5.69%
Current Estimated Value
$447,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,433
Avg. Annual Appreciation
5.30%
Original Mortgage
$230,000
Outstanding Balance
$160,880
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$286,553

Purchase Details

Closed on
Aug 10, 2005
Sold by
Ringlein Dennis and Plamondon Judith A
Bought by
Kring Jonathan F and Kring Christina A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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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
Kern Mary $330,000 None Available
Kring Jonathan F $359,000 Crossroads Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kern Mary $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2020 05/06/20 Sold $330,000 -5.7% $119 / Sq Ft
03/14/2020 03/14/20 Pending -- -- --
03/09/2020 03/09/20 For Sale $349,900 -- $126 / Sq Ft
Source: Michigan Multiple Listing Service

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 $5,505 $222,300 $0 $0
2024 $2,067 $202,900 $0 $0
2023 $1,972 $189,100 $0 $0
2022 $1,824 $166,200 $0 $0
2021 $4,880 $158,000 $0 $0
2020 $1,130 $152,600 $0 $0
2019 $1,112 $140,600 $0 $0
2018 $4,625 $133,500 $0 $0
2017 $4,569 $129,900 $0 $0
2016 $4,600 $121,900 $0 $0
2015 $4,250 $116,300 $0 $0
2014 $1,025 $112,300 $0 $0
2012 -- $85,900 $85,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50007626

Michigan Multiple Listing Service

APN: 09-15-400-014

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