NOT LISTED FOR SALE

5536 Otto Rd Charlotte, MI 48813

Estimated Value: $296,000 - $332,025

3 Beds
2 Baths
1,993 Sq Ft
$157/Sq Ft Est. Value

Last Sold June 01, 2023

Last sale price $281,000 $141 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,068/month

4 Days on Market

Highlights

  • 5.5 Acre Lot
  • Sun or Florida Room
  • 2 Car Attached Garage
  • Farmhouse Style Home
  • Porch
  • Living Room

About This Home

As of June 2023

** Multiple Offers - H&B due 5/3 at 10 AM **
Charming farm house nestled on 5.5 acres. Home features 3 bedrooms and 2 full baths. Main floor master. Spacious loft area that could be converted to a home office or designated play area for the kids. Two open/covered porches and a nice size 3 season room. Detached, full 2 plus car garage. Vinyl siding. Brand new hot water heater; new HVAC system in 2015. All new plumbing and electrical (400 AMP in home and sub panel in garage). B-Dry waterproof system. Reach out today to schedule a showing!

Last Agent to Sell the Property

Jordon Jarrett

Coldwell Banker Beiswanger Realty Group License #6501378237 Listed on: 04/29/2023

Last Buyer's Agent

Grant Snyder

Brookstone Realtors LLC License #6501415672

Brookstone Realtors LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,715

Year Built

  • Built in 1900

Lot Details

  • 5.5 Acre Lot
  • Lot Dimensions are 285x848
  • Shrub

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Home Design

  • Farmhouse Style Home
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,993 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Replacement Windows
  • Living Room
  • Sun or Florida Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Built-In Electric Oven
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Propane Water Heater
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,715

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Farmhouse
  • Stories: 2
  • Year Built: 1900
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 285x848
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1993.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 2715.0
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Windows:Replacement: Yes
  • Appliances Refrigerators: Yes
  • Water Heater:Propane2: Yes
  • Landscape:ShrubsHedges: Yes
  • Driveway:Gravel: Yes
  • Additional Items:Ceiling Fans: Yes
  • Appliances Microwave: Yes
  • Roofing:Shingle: Yes
  • General Property Info:SqFt Above Grade: 1993.0
  • General Property Info Garage YN: Yes
  • Architectural Style Farm House: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Electric Oven, Cooktop, Dishwasher, Microwave, Refrigerator
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1993.0
  • Window Features: Replacement
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 1313.0
  • Appliances Dishwasher: Yes
  • Appliances:Cook Top: Yes
  • Appliances:Built-In Electric Oven: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: 3 Season Room
  • List Price: 269900.0
  • Patio and Porch Features: Porch(es)
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Features 3 Season Room: Yes
  • Patio and Porch Features:Porch(es): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 5.5
  • Lot Size Area: 5.5
  • Lot Dimensions: 285x848
  • Lot Size Sq Ft: 239580.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2715.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2023
Closed on
Jun 1, 2023
Sold by
Shrum Aaron
Bought by
Charles H Malcuit Generation Trust
Seller's Agent
Jordon Jarrett
Coldwell Banker Beiswanger Realty Group
Buyer's Agent
Grant Snyder
Brookstone Realtors LLC
List Price
$269,900
Sold Price
$281,000
Premium/Discount to List
$11,100
4.11%
Views
74
Current Estimated Value
$312,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,506
Avg. Annual Appreciation
5.07%

Purchase Details

Listed on
Sep 17, 2016
Closed on
Nov 3, 2016
Sold by
Ferree Darrell W and Ferree Julia C
Bought by
Shrum Aaron L
Seller's Agent
Roger Weymouth
Century 21 Affiliated
Buyer's Agent
Agent Outside
Out Side Company
List Price
$174,900
Sold Price
$173,900
Premium/Discount to List
-$1,000
-0.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.57%
Original Mortgage
$142,450
Interest Rate
3.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Charles H Malcuit Generation Trust $281,000 Ata National Title Group
Shrum Aaron L $173,900 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shrum Aaron L $142,450
Previous Owner Ferree Julia C $58,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2023 06/01/23 Sold $281,000 +4.1% $141 / Sq Ft
05/03/2023 05/03/23 Pending -- -- --
04/29/2023 04/29/23 For Sale $269,900 +55.2% $135 / Sq Ft
11/03/2016 11/03/16 Sold $173,900 -0.6% $87 / Sq Ft
09/13/2016 09/13/16 For Sale $174,900 -- $88 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

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 $4,039 $130,500 $0 $0
2024 $1,431 $126,400 $0 $0
2023 $1,107 $115,300 $0 $0
2022 $2,893 $101,500 $0 $0
2021 $2,787 $98,000 $0 $0
2020 $2,715 $94,600 $0 $0
2019 $2,676 $92,600 $0 $0
2018 $2,613 $85,198 $0 $0
2017 $2,581 $84,132 $0 $0
2016 -- $78,944 $0 $0
2015 -- $75,678 $0 $0
2014 -- $56,969 $0 $0
2013 -- $62,575 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23013334

Southwestern Michigan Association of REALTORS®

APN: 070-016-100-051-01