NOT LISTED FOR SALE

4822 S Pettit Lake Unit 41 Newaygo, MI 49337

Estimated Value: $202,000 - $582,000

1.1 Acres
$415,306 Price per Acre
47,916 Sq Ft Lot

Last Sold January 31, 2020

Last sale price $110,000

Est. 315% increase in value since last sale

Current estimated payment $3,044/month

335 Days on Market

About This Lot

As of January 2020

The 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. This development is just over half sold out, so time is running out! Prices range from 39,900-59,900 (non-waterfront) and 69,900-149,900 (water).

Last Agent to Sell the Property

Chris Ortwein

Lake & Land Realty LLC License #6502350777 Listed on: 02/05/2019

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: 02/05/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $500

Lot Details

  • 1.1 Acre Lot
  • Private Waterfront
  • Wooded Lot

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include snow removal

Recreation

  • Recreational Area
  • Water Sports

Property Details

Property Type

Land

Est. Annual Taxes

$500

Lot Details

0

Listing Details

  • Property Sub-Type: Lot
  • Property Type: Land
  • ResoPropertyType: Land
  • 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: Yes

Fee Information

  • Association Fee Includes: Snow Removal

Lot Info

  • Lot Size Acres: 1.1
  • Lot Size Area: 1.1
  • Lot Size Sq Ft: 47916.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 500.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2019
Closed on
Jan 31, 2020
Sold by
Pettit Lake Dev Llc
Bought by
Dileo Frank D and Dileo Marjorie L
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
$456,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,837
Avg. Annual Appreciation
28.10%
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
Dileo Frank D $110,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2020 01/31/20 Sold $110,000 -4.3% --
01/06/2020 01/06/20 Pending -- -- --
02/05/2019 02/05/19 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 $7,841 $301,700 $0 $0
2024 $42 $275,700 $0 $0
2023 $4,016 $259,400 $0 $0
2022 $6,965 $248,200 $0 $0
2021 $5,888 $202,600 $0 $0
2020 $289 $68,400 $0 $0
2019 $288 $60,400 $0 $0
2018 $284 $60,400 $0 $0
2017 $279 $60,400 $0 $0
2016 $275 $60,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 19004307

MichRIC

APN: 20-19-301-041