NOT LISTED FOR SALE

4037 Otter Lake Rd Otter Lake, MI 48464

Estimated Value: $279,000 - $300,000

3 Beds
2.5 Baths
1,560 Sq Ft
$186/Sq Ft Est. Value

Last Sold March 17, 2021

Last sale price $200,000 $128 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,782/month

Highlights

  • Deck
  • No HOA
  • Stainless Steel Appliances
  • Traditional Architecture
  • Enclosed Patio or Porch
  • 2 Car Direct Access Garage

About This Home

As of March 2021

This home is located at 4037 Otter Lake Rd, Otter Lake, MI 48464 since 05 February 2021 and is currently estimated at $289,644, approximately $185 per square foot. This property was built in 2002. 4037 Otter Lake Rd is a home located in Lapeer County with nearby schools including Columbiaville Elementary School, Otisville Elementary School, and Lakeville Middle School.

Last Agent to Sell the Property

Douglas Ferrell

Realty Executives Main St LLC License #6501342658 Listed on: 02/05/2021

Realty Executives Main St LLC

Last Buyer's Agent

Douglas Ferrell

Realty Executives Main St LLC License #6501342658 Listed on: 02/05/2021

Realty Executives Main St LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2002

Lot Details

  • 2 Acre Lot
  • Lot Dimensions are 163x532x163x532

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,560 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Unfinished Basement
  • Sump Pump

Kitchen

  • Free-Standing Gas Oven
  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Exterior Lighting

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Whole House Permanent Generator
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 01301000130

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,473

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Traditional
  • Architecture Level: 2 Story
  • Year Built: 2002
  • State Equalized Value: 85800.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Cats OK | Dogs OK
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 12
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Dryer, Microwave, Free-Standing Gas Oven, Free-Standing Gas Range, Free-Standing Refrigerator, Stainless Steel Appliance(s), Washer
  • Sq Ft Combined: 1560
  • Total Sq Ft: 1560
  • Sq Ft Total Bsmt: 1560

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Lighting, Whole House Generator
  • Foundation Materials: Poured
  • Frontage Feet: 163
  • Porch Type: Deck, Porch - Covered, Porch - Enclosed
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Natural Gas
  • Water Source: Well (Existing)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Lakeville

Lot Info

  • Homestead: Yes
  • List Price per Acre: 100000.0000
  • Lot Size Area: 2.00
  • Lot Dimensions: 163x532x163x532
  • Parcel Number: 01301000130

Tax Info

  • Tax Amount Summer: 574.0000
  • Tax Amount Winter: 899.0000
  • Total Tax: 1473.0000
  • Taxable Value: 58651.0000

MLS Schools

  • School District: Lakeville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2021
Closed on
Mar 17, 2021
Sold by
Williams Christine L
Bought by
Rathbun Crystal
Seller's Agent
Douglas Ferrell
Realty Executives Main St LLC
Buyer's Agent
Douglas Ferrell
Realty Executives Main St LLC
Sold Price
$200,000
Current Estimated Value
$289,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,644
Avg. Annual Appreciation
8.44%
Original Mortgage
$202,020
Outstanding Balance
$181,097
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$108,547

Purchase Details

Closed on
Dec 2, 2002
Bought by
Williams Christine L

Purchase Details

Closed on
May 13, 2002
Bought by
Aaj Inc
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
Rathbun Crystal $200,000 Cislo Ttl Co Ttl Ins & Escro
Williams Christine L -- --
Aaj Inc $17,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rathbun Crystal $202,020
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2021 03/17/21 Sold $200,000 -- $128 / Sq Ft
02/05/2021 02/05/21 Pending -- -- --
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 $3,008 $134,500 $0 $0
2024 $1,166 $132,500 $0 $0
2023 $1,114 $118,800 $0 $0
2022 $2,750 $109,100 $0 $0
2021 $1,487 $103,800 $0 $0
2020 $1,448 $85,800 $0 $0
2019 $565 $76,700 $0 $0
2018 $1,443 $68,800 $68,800 $0
2017 $1,485 $70,000 $0 $0
2016 $1,518 $63,900 $63,900 $0
2015 -- $0 $0 $0
2014 -- $56,700 $56,700 $0
2013 -- $52,700 $52,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210006438

Realcomp

APN: 013-010-001-30