NOT LISTED FOR SALE

4415 Otter Lake Rd Otter Lake, MI 48464

Marathon Township Neighborhood

Estimated Value: $249,000 - $295,000

3 Beds
1 Bath
1,325 Sq Ft
$200/Sq Ft Est. Value

Last Sold July 12, 2023

Last sale price $250,000 $189 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,505/month

11 Days on Market

Highlights

  • 15.65 Acre Lot
  • Farmhouse Style Home
  • No HOA
  • Pole Barn
  • Ground Level Unit
  • 2 Car Detached Garage

About This Home

As of July 2023

Welcome home to this completely updated farmhouse with over 15 acres! Updates include furnace, air conditioning, tankless water heater, flooring, windows, whole house generator, new roofing on all buildings 2015, septic replaced in 2013, and so much more! Out buildings include a detached 2 car garage, pole barn and huge recreational building. Don't miss your opportunity on this one!

Last Agent to Sell the Property

Chad Eldridge

Real Estate For A CAUSE License #6501420027 Listed on: 05/09/2023

Last Buyer's Agent

Kelly Brousseau

Realty Executives Main St LLC License #RCO-6501388651

Realty Executives Main St LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1900 | Remodeled in 2022

Lot Details

  • 15.65 Acre Lot
  • Lot Dimensions are 508 x 1329 x 504 x 1329
  • Poultry Coop

Parking

  • 2 Car Detached Garage

Home Design

  • Farmhouse Style Home
  • Bungalow
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,325 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Unfinished Basement
  • Sump Pump

Kitchen

  • Free-Standing Gas Oven
  • Free-Standing Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Pole Barn
  • Rain Gutter Guard System
  • Porch

Location

  • Ground Level Unit

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 01301001400
  • $12,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,019

Year Built

Built in 1900 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow, Farmhouse
  • Architecture Level: 1 1/2 Story
  • Assessment: 281.00
  • Year Built: 1900
  • State Equalized Value: 98700.0000
  • Year Renovated: 2022
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: 220 Volts, Programmable Thermostat, Furnished - No
  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dryer, Free-Standing Gas Oven, Free-Standing Gas Range, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 1325
  • Total Sq Ft: 1325
  • Sq Ft Total Bsmt: 762

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement, Michigan Basement
  • Construction Materials: Brick, Vinyl
  • Exterior Features: Whole House Generator, Gutter Guard System
  • Foundation Materials: Block
  • Frontage Feet: 508
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Tankless
  • Water Source: Well (Existing)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Lakeville

Lot Info

  • Homestead: Yes
  • List Price per Acre: 16607.0200
  • Lot Size Area: 15.65
  • Lot Dimensions: 508 x 1329 x 504 x 1329
  • Parcel Number: 01301001400

Tax Info

  • Tax Amount Summer: 706.0000
  • Tax Amount Winter: 1313.0000
  • Total Tax: 2019.0000
  • Taxable Value: 72571.0000

MLS Schools

  • School District: Lakeville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2023
Closed on
Jul 17, 2023
Sold by
Lovelady Karen
Bought by
Bigelow Kurtis
Seller's Agent
Chad Eldridge
Real Estate For A CAUSE
Buyer's Agent
Kelly Brousseau
Realty Executives Main St LLC
List Price
$259,900
Sold Price
$250,000
Premium/Discount to List
-$9,900
-3.81%
Total Days on Market
11
Views
63
Current Estimated Value
$265,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,641
Avg. Annual Appreciation
3.26%
Original Mortgage
$245,471
Outstanding Balance
$240,809
Interest Rate
6.79%
Mortgage Type
FHA
Estimated Equity
$24,832

Purchase Details

Listed on
May 9, 2023
Closed on
Jul 12, 2023
Sold by
Lovelady Karen
Bought by
Bigelow Kurtis
Seller's Agent
Chad Eldridge
Real Estate For A CAUSE
Buyer's Agent
Kelly Brousseau
Realty Executives Main St LLC
List Price
$259,900
Sold Price
$250,000
Premium/Discount to List
-$9,900
-3.81%
Views
63

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,471
Outstanding Balance
$240,809
Interest Rate
6.79%
Mortgage Type
FHA
Estimated Equity
$24,832

Purchase Details

Closed on
Sep 9, 2022
Sold by
Lovelady Karen
Bought by
Lovelady Henry L and Lovelady Jennifer L

Purchase Details

Closed on
Apr 6, 2018
Sold by
Karen Lovelady
Bought by
Lovelady Karen and Lovelady Cheyenne

Purchase Details

Closed on
Apr 3, 2018
Sold by
Karen Lovelady
Bought by
Lovelady Karen and Lovelady Cheyenne

Purchase Details

Listed on
Oct 22, 2017
Closed on
Nov 22, 2017
Sold by
Bunch James L and Bunch Gena M
Bought by
Lovelady Karen
Seller's Agent
Dane Seltzer
Dane Seltzer Real Estate Group
List Price
$139,900
Sold Price
$140,000
Premium/Discount to List
$100
0.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.89%

Purchase Details

Closed on
Apr 3, 2016
Sold by
Lovelady Karen
Bought by
Lovelady Karen and Lovelady Cheyenne
Source: Public Records

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Range of Values:

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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
Bigelow Kurtis $250,000 None Listed On Document
Bigelow Kurtis $250,000 None Listed On Document
Lovelady Henry L -- --
Lovelady Karen -- None Listed On Document
Lovelady Karen -- None Listed On Document
Lovelady Karen $139,900 --
Lovelady Karen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bigelow Kurtis $245,471
Previous Owner Bunch James L $66,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2023 07/12/23 Sold $250,000 -3.8% $189 / Sq Ft
05/20/2023 05/20/23 Pending -- -- --
05/09/2023 05/09/23 For Sale $259,900 +85.6% $196 / Sq Ft
11/25/2017 11/25/17 Sold $140,000 +0.1% $106 / Sq Ft
10/27/2017 10/27/17 Pending -- -- --
10/22/2017 10/22/17 For Sale $139,900 -- $106 / Sq Ft
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
2024 $1,142 $117,800 $0 $0
2023 $741 $103,800 $0 $0
2022 $2,018 $98,700 $0 $0
2021 $1,881 $95,300 $0 $0
2020 $1,723 $84,400 $0 $0
2019 $668 $78,100 $0 $0
2018 $1,724 $66,400 $66,400 $0
2017 $1,025 $71,000 $0 $0
2016 $1,047 $66,600 $66,600 $0
2015 -- $68,300 $0 $0
2014 -- $64,100 $64,100 $0
2013 -- $51,300 $51,300 $0
Source: Public Records

Agents Affiliated with this Home

  • Chad Eldridge

    Seller's Agent in 2023

    Chad Eldridge

    Real Estate For A CAUSE

    (810) 955-5630

    2 in this area

    79 Total Sales

    Chad Eldridge
    Section Image

  • K

    Buyer's Agent in 2023

    Kelly Brousseau

    Realty Executives Main St LLC

    (810) 706-1509

    2 in this area

    63 Total Sales

    Kelly Brousseau
    Section Image

  • D

    Seller's Agent in 2017

    Dane Seltzer

    Dane Seltzer Real Estate Group

    (810) 814-1158

    91 Total Sales

    Dane Seltzer
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20230035328

Realcomp

APN: 013-010-014-00

Michigan Lapeer County Otter Lake 48464 Marathon Township

4415 Otter Lake Rd, Otter Lake, MI

This home is located at 4415 Otter Lake Rd, Otter Lake, MI 48464 since 09 May 2023 and is currently estimated at $265,641, approximately $200 per square foot. This property was built in 1900. 4415 Otter Lake Rd is a home located in Lapeer County with nearby schools including Columbiaville Elementary School, Otisville Elementary School, and Lakeville Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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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