NOT LISTED FOR SALE

3036 Otsegoland Dr Gaylord, MI 49735

Estimated Value: $301,000 - $514,000

-- Bed
-- Bath
-- Sq Ft
6.49 Acres

Last Sold December 29, 2020

Last sale price $289,500

Est. 46% increase in value since last sale

Current estimated payment $2,557/month

4 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Brick Veneer
  • Lawn
  • 1.5 Car Attached Garage
  • 3-minute walk to Gaylord's City Elk Park

About This Home

As of December 2020

ATTENTION INVESTORS!! What a great time to check out these nine rental units with a great location and good rental history. This rare opportunity offers an investment opportunity with a ''No-Nonsense price''. Situated on approximately 6.5 acres so there's room to expand. Don't miss out on this opportunity!!

Last Agent to Sell the Property

Peter Whyte

Forman Real Estate License #6506036642 Listed on: 10/19/2020

Last Buyer's Agent

Bill Blaker

BLAKER REALTY License #6504252830

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,054

Lot Details

  • Lot Dimensions are 465.76x103.27x257.97x515
  • Lawn

Parking

  • 1.5 Car Attached Garage

Home Design

  • Ranch Style House
  • Bungalow
  • Brick Veneer
  • Frame Construction
  • Aluminum Siding
  • Vinyl Construction Material

Flooring

  • Carpet
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement
  • Crawl Space

Location

  • Outside City Limits

Schools

  • Gaylord Elementary School
  • Gaylord High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Shared Well
  • Gas Water Heater
  • Shared Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • The owner pays for cable, electric, fuel, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,054

Lot Details

0

Listing Details

  • Electric: Master
  • Directions: From Gaylord take S. Otsego Ave./Old 27 South approximately 2.2 miles to light then right on West Otsego Lake Dr. to Otsegoland Dr. on right.
  • Garage Yn: Yes
  • Lot Size: 465.76x103.27x257.97x515
  • Open House Office I D: 20060412172534303837000000
  • Prop. Type: Multi-Family
  • OFFICELIST_STATE: MI
  • Building Style: Bungalow, Ranch
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace(s): None
  • Has Basement: Yes
  • Windows: Metal, Other
  • AppliancesAndEquipmt: Other, Refrigerator
  • BasementSpecifics: Crawl Space, Full Basement
  • Type Of Business: Business Opportunity, Income Property
  • Foreclosure: N
  • In City Limits: No
  • Interior Amenities: Carpet, Vinyl Floors
  • Laundry: Basement
  • Basement Type: Other

Exterior Features

  • Landscaping: Lawn
  • Exterior Construction: Brick Veneer, Frame
  • Exterior: Aluminum, Brick, Paved Street, Shed, Vinyl

Garage/Parking

  • Garage Stall: 1.5
  • Garage Type: Attached/UN

Utilities

  • Water Heater: Gas
  • Cooling System: None
  • Fuel: Natural Gas
  • Heating Air: Forced Air, Natural Gas
  • Sewer: Shared Septic
  • Hot Water: Shared Well

Association/Amenities

  • TaxesAndPossessionAssociationDues: No

Schools

  • School District: Gaylord
  • Elementary School: Gaylord
  • High School: Gaylord
  • School District: Gaylord
  • Schools Elementary School: Gaylord
  • Schools High School: Gaylord
  • Elem School Dist Number: 3036

Lot Info

  • Zoning: FR

Rental Info

  • Util Pd By Owner: Cable, Electric, Fuel, Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2020
Closed on
Dec 29, 2020
Sold by
Christian Rentals Inc
Bought by
Equilibrium Holdings
Seller's Agent
Peter Whyte
Forman Real Estate
Buyer's Agent
Bill Blaker
BLAKER REALTY
Sold Price
$289,500
Current Estimated Value
$422,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,021
Avg. Annual Appreciation
8.49%
Original Mortgage
$231,600
Outstanding Balance
$207,177
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$215,345
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Equilibrium Holdings $289,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Equilibrium Holdings $231,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2020 12/29/20 Sold $289,500 -- --
10/23/2020 10/23/20 Pending -- -- --
Source: Water Wonderland Board of REALTORS®

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 $3,054 $161,400 $0 $0
2024 $3,054 $145,100 $0 $0
2023 $5,905 $209,100 $0 $0
2022 $5,624 $152,600 $0 $0
2021 $2,966 $145,700 $0 $0
2020 $3,949 $136,200 $0 $0
2019 $3,909 $133,100 $0 $0
2018 -- $111,400 $111,400 $0
2017 -- $113,700 $0 $0
2016 -- $123,400 $0 $0
2013 -- $116,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 326432

Water Wonderland Board of REALTORS®

APN: 010-021-200-055-00