$22,500
SOLD JUL 3, 2013

5485 Otter Lake Rd Otter Lake, MI 48464

Marathon Township Neighborhood
3 Beds
1.5 Baths
1,250 Sq Ft
0.8 Acres

Recently Sold

$18 Per Sq Ft

44% Below List Price

71 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating System
  • Pole Barn

About This Home

As of November 2022

A nice fixer upper for a small price. Great pole barn. This property is eligible under FreddieMac First Look Initiative through 04/19/13. EMD must be cashiers check held by listing office. Home to be sold "as is"

Last Agent to Sell the Property

Frank Choate

Allstate Properties.com License #6501309502 Listed on: 04/04/2013

Last Buyer's Agent

Donald Seaman Jr.

DLS Realty License #6501245410

Home Details

Home Type

  • Single Family

Home Design

  • Ranch Style House
  • Vinyl Construction Material

Interior Spaces

  • 1,250 Sq Ft Home
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Pole Barn
  • 0.8 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 01300803400

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: YES
  • Year Built: 9999
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Sq Ft Combined: 1250
  • Total Sq Ft: 1250

Exterior Features

  • Foundation Details: Crawl
  • Construction Materials: Vinyl
  • Frontage Feet: 165
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • 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: 37375.0000
  • Lot Size Area: 0.80
  • Lot Dimensions: 165 X IRREGULAR
  • Parcel Number: 01300803400

Tax Info

  • Tax Amount Summer: 394.0000
  • Tax Amount Winter: 657.0000
  • Total Tax: 1051.0000

MLS Schools

  • School District: Lakeville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2022
Sold by
R & R Property Management Llc
Bought by
Balogh Jeffrey
Current Estimated Value
$192,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,498
Outstanding Balance
$103,778
Interest Rate
5.22%
Mortgage Type
VA
Estimated Equity
$88,581

Purchase Details

Closed on
Jun 15, 2012
Sold by
Durnan Todd W and Durnan Lisa M
Bought by
Federal Home Loan Mortgage Corporation
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 Type Sale Price Title Company
Warranty Deed $127,000 Cislo Title
Sheriffs Deed $108,624 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $108,498 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2022 11/10/22 Sold $127,000 -0.7% $102 / Sq Ft
08/09/2022 08/09/22 Pending -- -- --
08/01/2022 08/01/22 Price Changed $127,900 -8.6% $102 / Sq Ft
06/14/2022 06/14/22 For Sale $139,900 +521.8% $112 / Sq Ft
07/03/2013 07/03/13 Sold $22,500 -43.6% $18 / Sq Ft
06/14/2013 06/14/13 Pending -- -- --
04/04/2013 04/04/13 For Sale $39,900 -- $32 / 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
2025 $2,006 $83,700 $0 $0
2024 $766 $83,000 $0 $0
2023 $817 $84,000 $0 $0
2022 $1,190 $77,000 $0 $0
2021 $1,892 $68,100 $0 $0
2020 $1,867 $59,700 $0 $0
2019 $415 $54,600 $0 $0
2018 $1,823 $47,700 $47,700 $0
2017 $1,850 $48,800 $0 $0
2016 $1,868 $46,300 $46,300 $0
2015 -- $0 $0 $0
2014 -- $39,300 $39,300 $0
2013 -- $39,200 $39,200 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Donald Seaman Jr.

    DLS Realty

    (810) 664-8105

    1 in this area

    25 Total Sales

    Donald Seaman Jr.
    Section Image
  • Edward Constable

    Buyer's Agent in 2022

    Edward Constable

    Tremaine Real Estate

    (810) 938-3339

    1 in this area

    311 Total Sales

    Edward Constable
    Section Image
  • Frank Choate

    Seller's Agent in 2013

    Frank Choate

    Allstate Properties.com

    (810) 656-1928

    24 Total Sales

    Frank Choate
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 213031301

Realcomp

APN: 013-008-034-00

Michigan Lapeer County Otter Lake 48464 Marathon Township

5485 Otter Lake Rd, Otter Lake, MI

This home is located at 5485 Otter Lake Rd, Otter Lake, MI 48464 and is currently priced at $22,500, approximately $18 per square foot. 5485 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
Copyright 2025 Realcomp II Ltd. Shareholders
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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