NOT LISTED FOR SALE

12377 Lake Rd Otter Lake, MI 48464

Estimated Value: $210,000 - $348,000

3 Beds
2 Baths
1,200 Sq Ft
$223/Sq Ft Est. Value

Last Sold March 28, 2014

Last sale price $99,900 $83 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $1,519/month

41 Days on Market

Highlights

  • Access To Lake
  • Wood Burning Stove
  • Pole Barn
  • Deck
  • Ranch Style House
  • 3 Car Detached Garage

About This Home

As of March 2014

Great Opportunity on this secluded 10+ acre home with 3 Bedroom, 2 Bath and Large Decks/Porches. Nice Large Pole barn, Unfinished Basement, and new well. Must see this property! Currently heated with included forced air add on wood burner, but it does have a forced air furnace also. Plenty of room for horses and wildlife! Private owned, NOT a Foreclosure or Short Sale!

Last Agent to Sell the Property

Douglas Ferrell

Realty Executives Main St-Lap License #MISPE-6501342658 Listed on: 01/10/2014

Realty Executives Main St-Lap

Last Buyer's Agent

. Non Mls Member

NON MLS Member License #MISPE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1979

Lot Details

  • 10.01 Acre Lot
  • Lot Dimensions are 302x1568x391x1343

Home Design

  • Ranch Style House
  • Wood Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • Wood Burning Stove
  • Living Room
  • Basement
  • Fireplace in Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Car Detached Garage
  • Workshop in Garage

Outdoor Features

  • Access To Lake
  • Deck
  • Pole Barn
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Wood
  • Heating System Uses Propane
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 0901400010

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,414

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 1414
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Fireplaces: Basement Fireplace, Wood Stove
  • Basement: Yes
  • Bedrooms: 3
  • Bedroom 1: On Entry Level, Dimensions: 11 x 12
  • Bedroom 2: On Entry Level, Dimensions: 11 x 10
  • Bedroom 3: On Entry Level, Dimensions: 11 x 10
  • Bathrooms Description: First Flr Lavatory, MstrBdrm Full Bathroom
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room Types: First Floor Bedroom, First Floor Mstr Bedroom, Living Room
  • Kitchen: On Entry Level, Dimensions: 11 x 13
  • Living Room: On Entry Level, Dimensions: 12 x 13
  • Above Grade Finished Sq Ft: 1200
  • Total Finished Sq Ft: 1200

Exterior Features

  • Exterior: Wood
  • Exterior Features: Deck, Porch
  • Foundation: Basement
  • Road: Paved Street
  • Water Features: All Sports Lake, Lake/River Access
  • Out Buildings: Pole Barn

Garage/Parking

  • Garage: Detached Garage, Electric in Garage, Workshop
  • Garage Spaces: 3
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: LP/Propane Gas, Wood
  • Sewer: Septic
  • Water: Private Well
  • Water Heater: Electric

Lot Info

  • Assessor Parcel Number: 0901400010
  • Lot Description: Ravine, Rolling/Hilly, Wooded
  • Lot Dimensions: 302x1568x391x1343
  • Section: 1
  • Acreage: 10.01
  • Map Side Numeric: 1
  • Map Top Alpha: Z
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $574.00
  • Winter Tax: Amount: $840.00
  • Total Tax: Amount: $1,414.00

MLS Schools

  • School District: Lakeville Comm School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2014
Closed on
Mar 28, 2014
Sold by
Williams Dusty
Bought by
Short Dustin R
Seller's Agent
Douglas Ferrell
Realty Executives Main St-Lap
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$94,900
Sold Price
$99,900
Premium/Discount to List
$5,000
5.27%
Current Estimated Value
$267,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,688
Avg. Annual Appreciation
8.69%
Original Mortgage
$111,425
Interest Rate
4.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2011
Sold by
Donovan Shaun
Bought by
Williams Dusty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,030
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2010
Sold by
Citimortgage Inc
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Nov 25, 2009
Sold by
Ketchum Eric
Bought by
Citimortgage Inc

Purchase Details

Closed on
Sep 12, 2008
Sold by
Phifer Norman Daniel
Bought by
Ketchum Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,898
Interest Rate
6.57%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 24, 2004
Sold by
Phifer Robin Jo
Bought by
Phifer Norman Daniel
Source: Public Records

Range of Values:

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Average Value
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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
Short Dustin R $99,900 Multiple
Williams Dusty $55,000 Cislo Title Co
Secretary Of Housing & Urban Development -- None Available
Citimortgage Inc $143,491 None Available
Ketchum Eric $136,000 Century Title Company
Phifer Norman Daniel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Short Dustin R $117,000
Closed Short Dustin R $111,425
Previous Owner Williams Dusty $60,030
Previous Owner Ketchum Eric $133,898
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2014 03/28/14 Sold $99,900 +5.3% $83 / Sq Ft
02/20/2014 02/20/14 Pending -- -- --
01/10/2014 01/10/14 For Sale $94,900 -- $79 / Sq Ft
Source: Michigan Multiple Listing Service

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
2024 $726 $104,800 $0 $0
2023 $693 $96,400 $0 $0
2022 $641 $76,800 $0 $0
2021 $1,631 $74,500 $0 $0
2020 $634 $67,100 $0 $0
2019 $624 $61,600 $0 $0
2018 $1,506 $57,600 $0 $0
2017 $1,506 $56,300 $0 $0
2016 $2,351 $53,600 $0 $0
2015 $1,471 $50,800 $0 $0
2014 $578 $51,000 $0 $0
2012 -- $48,700 $48,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31178361

Michigan Multiple Listing Service

APN: 09-01-400-010