NOT LISTED FOR SALE

2947 Otto Rd Charlotte, MI 48813

Estimated Value: $172,000 - $210,924

8.89 Acres
$21,933 Price per Acre
387,248 Sq Ft Lot

Sale Details

Date Sold: October 18, 2022

Last sale price $60,000

Est. 225% increase in value since last sale

Current estimated payment $1,110 / mo

11 Days on Market

Highlights

  • View of Trees or Woods
  • 8.89 Acre Lot
  • Agricultural

About This Lot

As of October 2022

This beautiful 8.89 acre parcel is available directly behind 2947 Otto Rd. here in Charlotte. This beautiful property is partially wooded and home to a vast array of wildlife. Beautiful views of nature. Currently used as hunting land. Lots of potential.

Seller also has .70 acres on Otto Rd, west of the parcel of land, with a home on it, listed for sale also. MLS # 268188

Last Agent to Sell the Property

Robert Reaume

Real Estate Warehouse L.L.C. License #6501396664 Listed on: 09/04/2022

Last Buyer's Agent

Todd Trowbridge

Real Estate Warehouse L.L.C. License #6502361119

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $361

Lot Details

  • 8.89 Acre Lot
  • Property fronts a county road
  • Few Trees

Property Views

  • Woods
  • Creek or Stream
  • Rural

Farming

  • Agricultural

Community Details

  • Springbrook Hills Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$361

Lot Details

8.89 Acres

Listing Details

  • Property Type: Land
  • General Property Info:Lot Size Dimensions: undefinedxundefined
  • View:Rural: Yes
  • View:TreesWoods: Yes
  • View:CreekStream: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Agricultural, Few Trees
  • RoadFrontageType: County Road
  • View: Creek/Stream, Rural, Trees/Woods
  • Lot Features:Few Trees: Yes
  • Road Frontage Type:County Road: Yes
  • Lot Features:Agricultural: Yes

Garage/Parking

  • Parking Features: None
  • Attached Garage: No
  • Parking Features:None26: Yes

Utilities

  • Sewer: Unimproved
  • Water Source: Unimproved
  • Sewer:Unimproved: Yes

Schools

  • Junior High Dist: Charlotte

Lot Info

  • Lot Size Acres: 8.89
  • Lot Size: undefinedxundefined
  • Lot Size Sq Ft: 387248.4
  • ResoLotSizeUnits: Acres
  • Land Acreage:_five_ thru 10 Acres: Yes
  • General Property Info:Soil Types: mixed - multi

Tax Info

  • Tax Annual Amount: 361.0
  • Tax Info:Taxable Value: 21800.0
  • Tax Info:State Eq Value: 21800.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2022
Closed on
Oct 10, 2022
Sold by
Bought by
Seller's Agent
Robert Reaume
Real Estate Warehouse L.L.C.
Buyer's Agent
Todd Trowbridge
Real Estate Warehouse L.L.C.
List Price
$72,000
Sold Price
$60,000
Premium/Discount to List
-$12,000
-16.67%
Views
68
Current Estimated Value
$194,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,981
Avg. Annual Appreciation
37.75%
Original Mortgage
$175,216
Outstanding Balance
$166,141
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$28,840

Purchase Details

Closed on
Jun 23, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.09%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$184,438 --
$100,000 Independent Title Svcs Inc
-- Independent Title Svcs Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $175,216
Previous Owner $77,000
Previous Owner $85,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/18/2022 10/18/22 Sold $60,000 -16.7% --
09/15/2022 09/15/22 Pending -- -- --
09/04/2022 09/04/22 For Sale $72,000 -- --
Source: Greater Lansing Association of Realtors®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $681 $64,900 $0 $0
2024 $661 $61,800 $0 $0
2023 $629 $55,600 $0 $0
2022 $1,517 $48,800 $0 $0
2021 $1,361 $46,100 $0 $0
2020 $2,104 $44,100 $0 $0
2019 $2,077 $43,700 $0 $0
2018 $2,022 $41,383 $0 $0
2017 $1,991 $42,405 $0 $0
2016 -- $40,388 $0 $0
2015 -- $46,060 $0 $0
2014 -- $43,965 $0 $0
2013 -- $46,997 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 268282

Greater Lansing Association of Realtors®

APN: 070-032-200-120-00

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