$87,500
SOLD FEB 6, 2025

5550 Avenue G Otter Lake, MI 48464

8.97 Acres
$9,755 Price per Acre
390,733 Sq Ft Lot

Recently Sold

20% Below List Price

90 Days on Market

About This Lot

As of February 2025

9 Acres in the village of Otter Lake MI.
35x42 Pole Barn with concrete floor and electrical power. The '' Bird Watching House '' is 14x24 with 2 floors unfinished. City Sewer & Natural gas is available at the road.

Last Agent to Sell the Property

Paul Coulter

Realty Executives Main St LLC License #6501267690 Listed on: 11/01/2024

Realty Executives Main St LLC

Last Buyer's Agent

Gary Hobson

REMAX Edge License #122621

REMAX Edge

Property Details

Property Type

  • Land

Lot Details

  • 8.97 Acre Lot
  • Lot Dimensions are 880x550x995x550
  • Irregular Lot
  • Wooded Lot
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

Utilities

  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 04760200100

Community Details

Overview

  • Village Of Otter Lake Original Plat Subdivision

Recreation

  • Wetlands on Lot

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • Assessment: 307.00
  • State Equalized Value: 51100.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Feet: 2675
  • Road Frontage Type: Paved

Utilities

  • Sewer: Sewer at Street
  • Water Source: Water at Street
  • High Speed Internet: Yes

Schools

  • School District: Lakeville

Lot Info

  • Lot Features: Irregular, Possible Walkout, Splits Available, Wetland/Swamp, Wooded
  • Lot Size Area: 8.97
  • Lot Dimensions: 880x550x995x550
  • Parcel Number: 04760200100
  • Percent Wooded: 20
  • Zoning: Residential
  • Improvements: Electric, Gas

Tax Info

  • Tax Amount Summer: 1273.0000
  • Tax Amount Winter: 1691.0000
  • Total Tax: 2964.0000
  • Taxable Value: 50925.0000

MLS Schools

  • School District: Lakeville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2024
Closed on
Feb 6, 2025
Sold by
Ruffolo Nicholas J
Bought by
Mohr Michael H
Seller's Agent
Paul Coulter
Realty Executives Main St LLC
Buyer's Agent
Gary Hobson
REMAX Edge
List Price
$109,900
Sold Price
$87,500
Premium/Discount to List
-$22,400
-20.38%
Total Days on Market
90
Views
147
Current Estimated Value
$100,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,699
Avg. Annual Appreciation
19.39%

Purchase Details

Closed on
Apr 19, 2022
Sold by
Jeffery Stenger
Bought by
Ruffolo Nicholas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2014
Sold by
Harmon Barbara A
Bought by
Citimortgage Inc

Purchase Details

Closed on
Jun 4, 2012
Sold by
Gifford Robert M and Gifford Tina
Bought by
Brooks Sharon G and Stenger Jeffrey

Purchase Details

Closed on
Aug 8, 2008
Sold by
Victor R Glfford Estate and Church Victoria M
Bought by
Gifford Robert M and Brooks Sharon
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 $87,500 None Listed On Document
Warranty Deed $87,500 None Listed On Document
Warranty Deed $50,000 New Title Company Name
Sheriffs Deed $45,000 --
Warranty Deed $11,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $40,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2025 02/06/25 Sold $87,500 -12.4% --
01/30/2025 01/30/25 Pending -- -- --
11/25/2024 11/25/24 Price Changed $99,900 -9.1% --
11/01/2024 11/01/24 For Sale $109,900 -- --
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 $2,263 $50,900 $0 $0
2024 $2,162 $51,100 $0 $0
2023 $472 $48,500 $0 $0
2022 $1,436 $40,400 $0 $0
2021 $1,856 $41,100 $0 $0
2020 $1,828 $41,400 $0 $0
2019 $579 $33,100 $0 $0
2018 $1,671 $29,700 $29,700 $0
2017 $1,320 $29,800 $0 $0
2016 $276 $28,800 $28,800 $0
2015 -- $0 $0 $0
2014 -- $29,000 $29,000 $0
2013 -- $14,500 $14,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Paul Coulter

    Seller's Agent in 2025

    Paul Coulter

    Realty Executives

    (810) 845-7756

    172 Total Sales

    Paul Coulter
    Section Image
  • Gary Hobson

    Buyer's Agent in 2025

    Gary Hobson

    RE/MAX

    (810) 653-5050

    190 Total Sales

    Gary Hobson
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20240082498

Realcomp

APN: 047-602-001-00

Michigan Lapeer County Otter Lake 48464

5550 Avenue G, Otter Lake, MI

This home is located at 5550 Avenue G, Otter Lake, MI 48464 and is currently priced at $87,500. 5550 Avenue G 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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