5640 Forest Ave Otter Lake, MI 48464
Estimated Value: $120,000 - $157,000
3
Beds
1
Bath
1,196
Sq Ft
$113/Sq Ft
Est. Value
About This Home
This home is located at 5640 Forest Ave, Otter Lake, MI 48464 and is currently estimated at $135,281, approximately $113 per square foot. 5640 Forest Ave is a home located in Lapeer County with nearby schools including Columbiaville Elementary School, Otisville Elementary School, and Lakeville Middle School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 24, 2022
Sold by
Short Denise Rae
Bought by
Hutchins Tatum Ashlee
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,061
Outstanding Balance
$97,900
Interest Rate
5.89%
Mortgage Type
FHA
Estimated Equity
$37,381
Purchase Details
Closed on
Oct 6, 2021
Sold by
Ray Ruby Elvin
Bought by
Ruby Elvin Ray and Ruby Mark Allen
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Hutchins Tatum Ashlee | $107,000 | -- | |
Ruby Elvin Ray | -- | None Listed On Document |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Hutchins Tatum Ashlee | $105,061 |
Source: Public Records
Tax History Compared to Growth
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 | $488 | $50,500 | $0 | $0 |
2023 | $466 | $47,900 | $0 | $0 |
2022 | $819 | $36,500 | $0 | $0 |
2021 | $2,356 | $37,900 | $0 | $0 |
2020 | $2,331 | $38,600 | $0 | $0 |
2019 | $545 | $27,800 | $0 | $0 |
2018 | $2,258 | $27,900 | $27,900 | $0 |
2017 | $766 | $28,000 | $0 | $0 |
2016 | $259 | $26,700 | $26,700 | $0 |
2015 | -- | $0 | $0 | $0 |
2014 | -- | $26,400 | $26,400 | $0 |
2013 | -- | $25,400 | $25,400 | $0 |
Source: Public Records
Map
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