NOT LISTED FOR SALE

3324 Burnside Rd Otter Lake, MI 48464

Estimated Value: $241,000 - $864,303

40 Acres
$13,169 Price per Acre
1,742,400 Sq Ft Lot

Last Sold April 08, 2016

Last sale price $125,000

Est. 321% increase in value since last sale

Current estimated payment $3,317/month

154 Days on Market

Highlights

  • 40 Acre Lot
  • Farm
  • Wooded Lot

About This Lot

As of April 2016

APPROXIMATELY 40 ACRES LOCATED ON A GRAVEL ROAD, ABOUT 10 MILES NORTH OF LAPEER, AND 2.5 MILES WEST OF M-24. PROPERTY IS A GREAT MIX OF WOODS AND FARM GROUND. LOTS OF WILDLIFE, INCLUDING DEER, TURKEYS, AND SQUIRREL. WOODS ARE ROLLING, AND A NICE COMBINATION OF OAKS, MAPLES, POPLARS, AND EVEN SOME NICE HEMLOCKS. GOOD DEER SIGN, INCLUDING QUITE A FEW RUBS. PLENTY OF TREES TO HANG A TREE STAND. FARM GROUND OUT FRONT APPEARS TO HIGH AND ROLLING. GOOD ACCESS DRIVE IN FROM THE FRONT ROAD. THERE IS ELECTRIC ON THE PROPERTY AS WELL.

Last Agent to Sell the Property

Phil Devries

Michigan Outdoor Prop LLC License #6502342896 Listed on: 10/16/2015

Last Buyer's Agent

Non Participant

Non Realcomp Office License #RCO

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 40 Acre Lot
  • Lot Dimensions are 667x2655x667x2653
  • Wooded Lot

Farming

  • Farm

Listing and Financial Details

  • Assessor Parcel Number 01301201350

Property Details

Property Type

Land

Est. Annual Taxes

$2,220

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 66400.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Feet: 667
  • Road Frontage Type: Gravel

Utilities

  • Sewer: Septic-Needed
  • Water Source: Well-Needed

Schools

  • School District: Lakeville

Lot Info

  • List Price per Acre: 3175.0000
  • Lot Features: Farm, Wooded
  • Lot Size Area: 40.00
  • Lot Dimensions: 667X2655X667X2653
  • Parcel Number: 01301201350
  • Percent Tillable: 40
  • Percent Wooded: 60
  • Soil Type: LOAM
  • Zoning: Residential
  • Improvements: Electric
  • Survey: Yes

Tax Info

  • Tax Amount Summer: 498.0000
  • Tax Amount Winter: 1722.0000
  • Total Tax: 2220.0000

MLS Schools

  • School District: Lakeville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2015
Closed on
Apr 11, 2016
Sold by
Vernier Susan C and Vernier Lon M S
Bought by
Priest Cheri L and Priest James D
Seller's Agent
Phil Devries
Michigan Outdoor Prop LLC
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$127,000
Sold Price
$125,000
Premium/Discount to List
-$2,000
-1.57%
Current Estimated Value
$526,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$401,768
Avg. Annual Appreciation
16.24%
Original Mortgage
$90,000
Outstanding Balance
$71,163
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$455,605

Purchase Details

Closed on
Dec 3, 2004
Bought by
Cole Thomas and Cole Lon
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
Priest Cheri L $125,000 --
Cole Thomas $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Priest Cheri L $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2016 04/08/16 Sold $125,000 -1.6% --
03/18/2016 03/18/16 Pending -- -- --
10/16/2015 10/16/15 For Sale $127,000 -- --
Source: Realcomp

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 $6,724 $480,200 $0 $0
2024 $6,459 $452,900 $0 $0
2023 $2,532 $413,400 $0 $0
2022 $6,146 $300,000 $0 $0
2021 $3,545 $184,700 $0 $0
2020 $3,495 $144,400 $0 $0
2019 $962 $97,900 $0 $0
2018 $2,736 $63,700 $63,700 $0
2017 $2,701 $60,000 $0 $0
2016 $498 $60,000 $60,000 $0
2015 -- $63,100 $63,100 $0
2014 -- $66,400 $66,400 $0
2013 -- $50,600 $50,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Phil Devries

    Seller's Agent in 2016

    Phil Devries

    Michigan Outdoor Prop LLC

    (616) 915-9713

    117 Total Sales

    Phil Devries
    Section Image

  • N

    Buyer's Agent in 2016

    Non Participant

    Non Realcomp Office

  • U

    Buyer's Agent in 2016

    Unidentified Agent

    Unidentified Office

See All Agents

Map

Source: Realcomp

MLS Number: 216004975

Realcomp

APN: 013-012-013-50

Michigan Lapeer County Otter Lake 48435

3324 Burnside Rd, Otter Lake, MI

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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