NOT LISTED FOR SALE

4810 S Pettit Lake Unit 42 Newaygo, MI 49337

Estimated Value: $198,000 - $702,000

0.7 Acre
$676,044 Price per Acre
30,492 Sq Ft Lot

Last Sold June 27, 2018

Last sale price $110,000

Est. 330% increase in value since last sale

Current estimated payment $3,124/month

17 Days on Market

Highlights

  • Private Waterfront
  • Beach
  • Clubhouse
  • Ski Accessible
  • Community Boat Launch
  • Wooded Lot

About This Lot

As of June 2018

The new waterfront community of Ottawa Pointe is quickly becoming one of the most premier developments on the water in the area. With mature wooded lots, rolling hills, community garden, boardwalk and some of the most beautiful scenery around, every custom home adds to the landscape and beauty of what we are creating. Ottawa Pointe is located just 40 minutes from Grand Rapids on the beautiful 177 acre Pettit Lake. This stunning development features over 100 acres of open space with miles of trails. There are 60 home sites, 41 waterfront, 19 non-waterfront. Non-waterfront properties will have the opportunity to have a dock at the community dock area. Prices range from 39,900-59,900 on the non-waterfront lots and 69,900-149,900 on the waterfront. Listing agent is seller

Last Agent to Sell the Property

Chris Ortwein

Lake & Land Realty LLC License #6502350777 Listed on: 05/21/2018

Co-Listed By

Kimberly Edwards

Lake & Land Realty LLC License #6501389455

Last Buyer's Agent

Chris Ortwein

Lake & Land Realty LLC License #6502350777 Listed on: 05/21/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $500

Lot Details

  • 0.7 Acre Lot
  • Private Waterfront
  • 160 Feet of Waterfront
  • Lot Has A Rolling Slope
  • Wooded Lot

HOA Fees

  • $42 Monthly HOA Fees

Location

  • Mineral Rights Excluded

Utilities

  • High Speed Internet
  • Phone Available

Community Details

Overview

  • Association fees include snow removal

Amenities

  • Clubhouse
  • Meeting Room
  • Community Storage Space

Recreation

  • Community Boat Launch
  • Beach
  • Baseball Field
  • Recreational Area
  • Water Sports
  • Ski Accessible
  • Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$500

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Sub-Type: Lot
  • Property Type: Land
  • ResoPropertyType: Land
  • General Property Info:Lot Dimensions: 140x160 irr
  • General Property Info:Waterfront3: Yes
  • Tax Info:Annual Property Tax: 500.0
  • Tax Info:Zoning3: res
  • Waterfront Options:Water Access YN: Yes
  • Lot Description:Wooded: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • General Property Info:Property Sub-Type2: Lot
  • Util Avail at Street:Telephone: Yes
  • Waterfront Options:Water Frontage3: 160.0
  • Util Avail at Street:Broadband: Yes
  • Lot Description:Rolling Hills: Yes
  • Mineral Rights:No: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 114900.0
  • Lot Features: Buildable, Recreational, Site Condo, Wooded
  • Road Surface Type: Paved
  • Topography: {"Rolling Hills":true}
  • Water Body Name: Pettit Lake
  • Waterfront Features: All Sports, Private Frontage
  • Waterfront: Yes

Condo/Co-op/Association

  • Association Fee: 250.0
  • Association Fee Frequency: Semi Annual
  • Association: Yes

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Association Info:Approx Assoc Fee2: 250.0
  • Water Fea Amenities:Private Frontage: Yes
  • Association Info:Assoc Fee Payable: Semi Annual
  • Assoc Amenities:Pets Allowed2: Yes
  • Assoc Amenities:Other25: Yes
  • Assoc Amenities:Club House: Yes
  • Assoc Amenities:Storage: Yes
  • Assoc Amenities:Baseball Diamond: Yes
  • Assoc Amenities:Beach Area: Yes
  • Assoc Amenities:Meeting Room: Yes
  • Assoc Amenities:Boat Launch: Yes
  • Assoc Amenities:Skiing: Yes

Fee Information

  • Association Fee Includes: Snow Removal

Lot Info

  • Lot Size Acres: 0.7
  • Lot Size Area: 0.7
  • Lot Size Sq Ft: 30492.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 500.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2018
Closed on
Jun 28, 2018
Sold by
Pettit Lake Development
Bought by
Gray Paul and Gray Melanie
Seller's Agent
Chris Ortwein
Lake & Land Realty LLC
Buyer's Agent
Chris Ortwein
Lake & Land Realty LLC
List Price
$114,900
Sold Price
$110,000
Premium/Discount to List
-$4,900
-4.26%
Current Estimated Value
$473,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$363,231
Avg. Annual Appreciation
21.99%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gray Paul -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2018 06/27/18 Sold $110,000 -4.3% --
06/07/2018 06/07/18 Pending -- -- --
05/21/2018 05/21/18 For Sale $114,900 -- --
Source: MichRIC

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 $7,261 $282,500 $0 $0
2024 $39 $261,100 $0 $0
2023 $3,719 $245,300 $0 $0
2022 $6,450 $234,100 $0 $0
2021 $6,278 $221,100 $0 $0
2020 $6,339 $217,900 $0 $0
2019 $2,672 $55,000 $0 $0
2018 $284 $60,000 $0 $0
2017 $279 $60,000 $0 $0
2016 $275 $60,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MichRIC

MLS Number: 18022264

MichRIC

APN: 20-19-301-042