NOT LISTED FOR SALE

5449 Otter Lake Rd Otter Lake, MI 48464

Marathon Township Neighborhood

Estimated Value: $143,000 - $166,000

3 Beds
2 Baths
1,120 Sq Ft
$135/Sq Ft Est. Value

Last Sold June 22, 2020

Last sale price $113,000 $101 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $893/month

10 Days on Market

About This Home

As of June 2020

Affordable split ranch with open floor plan is move in ready! Home features 3 bedrooms, master suite with walk in closet and bath, updated kitchen and flooring, 2 decks, new metal roof, extra large 24 x 30 garage for all the toys, fenced area and barn. Just on the border of the Village of Otter lake and conveniently located between M24 and M15!

Last Agent to Sell the Property

Stephanie Leland

REMAX Edge License #FAAR-122909 Listed on: 04/30/2020

REMAX Edge

Last Buyer's Agent

Kathy Buterakos

Century 21 Metro Brokers License #RCO-6501196606

Century 21 Metro Brokers

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

Year Built

  • Built in 1997

Lot Details

  • 0.61 Acre Lot
  • Lot Dimensions are 160x150

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,120 Sq Ft Home
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2.5 Car Detached Garage
  • Workshop in Garage

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 013-008-036-00

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$1,260

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Originating MLS: East Central Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Year Built: 1997
  • Mail City: Otter Lake
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Bedrooms: 3
  • Bedroom 1: On Entry Level, Dimensions: 13 x 12
  • Bedroom 2: On Entry Level, Dimensions: 9 x 13
  • Bedroom 3: On Entry Level, Dimensions: 11 x 8
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: On Level: Entry
  • Bathroom 2: On Level: Entry
  • Kitchen: On Entry Level, Dimensions: 11 x 11
  • Living Room: On Entry Level, Dimensions: 13 x 13
  • Above Grade Finished Sq Ft: 1120
  • Total Finished Sq Ft: 1120

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Crawl
  • Frontage: 160

Garage/Parking

  • Garage: Workshop, Detached Garage, Electric in Garage
  • Garage Spaces: 2.5
  • Garage: Yes

Utilities

  • Sewer: Septic
  • Water: Private Well

Lot Info

  • Assessor Parcel Number: 013-008-036-00
  • Lot Dimensions: 160x150
  • Acreage: 0.61
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2019, Amount: $310.00
  • Winter Tax: Year: 2019, Amount: $850.00
  • Total Tax: Amount: $1,260.00

MLS Schools

  • School District: Lakeville Comm School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2020
Closed on
Jun 24, 2020
Sold by
Jobson Eric M
Bought by
Barrett Michelle
Seller's Agent
Stephanie Leland
REMAX Edge
Buyer's Agent
Kathy Buterakos
Century 21 Metro Brokers
List Price
$99,900
Sold Price
$113,000
Premium/Discount to List
$13,100
13.11%
Total Days on Market
10
Current Estimated Value
$151,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,247
Avg. Annual Appreciation
6.07%
Original Mortgage
$97,730
Outstanding Balance
$87,769
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$63,478

Purchase Details

Listed on
Apr 30, 2020
Closed on
Jun 22, 2020
Sold by
Jobson Eric M
Bought by
Barrett Michelle
Seller's Agent
Stephanie Leland
REMAX Edge
Buyer's Agent
Kathy Buterakos
Century 21 Metro Brokers
List Price
$99,900
Sold Price
$113,000
Premium/Discount to List
$13,100
13.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,730
Outstanding Balance
$87,769
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$63,478

Purchase Details

Closed on
Oct 23, 2017
Sold by
Jobson Eric M and Jobson Nicole R
Bought by
Jobson Eric M and Jobson Nicole R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,822
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 11, 2006
Sold by
Jp Morgan
Bought by
Jobson Eric

Purchase Details

Closed on
Aug 28, 2006
Sold by
Williamson Dale G and Williamson Sherry A
Bought by
Jpmorgan Chase

Purchase Details

Closed on
Nov 27, 2002
Sold by
Renn Jean Marie
Bought by
Williamson Dale G and Williamson Sherry A
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
Barrett Michelle $113,000 None Listed On Document
Barrett Michelle $113,000 None Available
Barrett Michelle $113,000 None Listed On Document
Jobson Eric M -- --
Jobson Eric $69,900 --
Jpmorgan Chase -- --
Williamson Dale G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barrett Michelle $97,730
Closed Barrett Michelle $97,730
Previous Owner Jobson Eric M $58,822
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2020 06/22/20 Sold $113,000 +13.1% $101 / Sq Ft
05/10/2020 05/10/20 Pending -- -- --
04/30/2020 04/30/20 For Sale $99,900 -- $89 / Sq Ft
Source: Michigan Multiple Listing Service

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 $532 $57,700 $0 $0
2023 $508 $54,400 $0 $0
2022 $1,302 $51,400 $0 $0
2021 $1,201 $48,200 $0 $0
2020 $836 $51,500 $0 $0
2019 $310 $45,500 $0 $0
2018 $826 $41,100 $41,100 $0
2017 $858 $41,200 $0 $0
2016 $876 $38,100 $38,100 $0
2015 -- $38,700 $0 $0
2014 -- $31,700 $31,700 $0
2013 -- $28,900 $28,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Leland

    Seller's Agent in 2020

    Stephanie Leland

    RE/MAX Michigan

    (810) 656-4984

    15 in this area

    119 Total Sales

    Stephanie Leland
    Section Image
  • Kathy Buterakos

    Buyer's Agent in 2020

    Kathy Buterakos

    Century 21 Metro Brokers

    (810) 397-1132

    1 in this area

    53 Total Sales

    Kathy Buterakos
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50010274

Michigan Multiple Listing Service

APN: 013-008-036-00

Michigan Lapeer County Otter Lake 48464 Marathon Township

5449 Otter Lake Rd, Otter Lake, MI

This home is located at 5449 Otter Lake Rd, Otter Lake, MI 48464 since 30 April 2020 and is currently estimated at $151,247, approximately $135 per square foot. This property was built in 1997. 5449 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.

Michigan Multiple Listing Service Source MLS: MiRealSource
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