Seller's Agent in 2022
Jennifer Mason
Mason Group LLC
(810) 836-4007
59 Total Sales
5727 Genesee Ave Otter Lake, MI 48464
Estimated Value: $81,000 - $154,000
2
Beds
1
Bath
1,140
Sq Ft
$97/Sq Ft
Est. Value
Highlights
- Beach
- Porch
- Park
- 1.5 Car Detached Garage
- Community Playground
- 4-minute walk to Otter Lake Park
About This Home
As of May 2022Welcome to gorgeous Otter Lake! This home would make the perfect investment property. Another home down the street is an Air BnB and is regularly rented. Otter Lake is an All Sports Lake with a public beach, boat launch, pavilion, playground and campground. Villagers can use most of these amenities at no cost. Home is located within walking distance of the Otter Lake Bar and the Village Market. A new Dollar General is also just around the corner. A partial lake view is available from the first floor. Recent updates include Furnace, Roof on house and garage, well bladder tank and motor, Electrical upgrade (including box), and all new floor joists. No central air currently, but new furnace is set up to have this easily installed. Space exists for another bathroom on the second floor. 25 miles to Lapeer, Frankenmuth and Flint. Sorry, no land contracts.
Home Details
Home Type
- Single Family
Lot Details
- 5,663 Sq Ft Lot
- Lot Dimensions are 57 x 95 x 56 x 95
Parking
- 1.5 Car Detached Garage
Home Design
- Vinyl Siding
Interior Spaces
- 1,140 Sq Ft Home
- 1.5-Story Property
- Crawl Space
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Outdoor Features
- Porch
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Electric Water Heater
- Internet Available
Listing and Financial Details
- Assessor Parcel Number 047-613-007-00
Community Details
Recreation
- Beach
- Community Playground
- Park
Additional Features
- Village Of Otter Lake Original Subdivision
- Restaurant
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 3, 2024
Sold by
Wright Ofeimu Tiffany
Bought by
Green Book Vacation Rental Llc
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
$75,000
Outstanding Balance
$73,946
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$37,112
Purchase Details
Listed on
Mar 9, 2022
Closed on
May 13, 2022
Sold by
Fae Yates Denise
Bought by
Ofeimu Tiffany Wright
Seller's Agent
Jennifer Mason
Mason Group LLC
Buyer's Agent
Bradley Petty
Real Estate For A CAUSE
List Price
$84,900
Sold Price
$70,000
Premium/Discount to List
-$14,900
-17.55%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.45%
Purchase Details
Closed on
Oct 8, 2021
Sold by
Charles Swanagon
Bought by
Yates Denise F
Purchase Details
Closed on
Feb 6, 2012
Sold by
Yates David Wayne
Bought by
Yates Denise Fae
Purchase Details
Closed on
Jun 28, 2003
Sold by
Swanagon Charles and Swanagon Joann
Bought by
Yates David and Yates Denise
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 |
|---|---|---|---|
| Green Book Vacation Rental Llc | -- | None Listed On Document | |
| Ofeimu Tiffany Wright | $70,000 | None Listed On Document | |
| Yates Denise F | $29,560 | Bittner Jennings Attorneys | |
| Yates Denise F | $29,560 | None Listed On Document | |
| Yates Denise Fae | -- | -- | |
| Yates David | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Green Book Vacation Rental Llc | $75,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/13/2022 05/13/22 | Sold | $70,000 | -12.4% | $61 / Sq Ft |
| 05/04/2022 05/04/22 | Pending | -- | -- | -- |
| 04/18/2022 04/18/22 | Price Changed | $79,900 | -3.6% | $70 / Sq Ft |
| 04/03/2022 04/03/22 | Price Changed | $82,900 | -2.4% | $73 / Sq Ft |
| 03/09/2022 03/09/22 | For Sale | $84,900 | -- | $74 / Sq Ft |
Source: Michigan Multiple Listing Service
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 |
|---|---|---|---|---|
| 2025 | $2,158 | $51,900 | $0 | $0 |
| 2024 | $2,061 | $48,900 | $0 | $0 |
| 2023 | $448 | $46,100 | $0 | $0 |
| 2022 | $1,190 | $34,700 | $0 | $0 |
| 2021 | $2,689 | $35,800 | $0 | $0 |
| 2020 | $2,643 | $36,400 | $0 | $0 |
| 2019 | $472 | $25,900 | $0 | $0 |
| 2018 | $2,126 | $25,900 | $25,900 | $0 |
| 2017 | $676 | $26,000 | $0 | $0 |
| 2016 | $225 | $23,600 | $23,600 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $22,500 | $22,500 | $0 |
| 2013 | -- | $22,000 | $22,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jennifer Mason
-
Bradley Petty
Buyer's Agent in 2022
Bradley Petty
Real Estate For A CAUSE
(517) 861-6493
72 Total Sales
Map
Source: Michigan Multiple Listing Service
MLS Number: 50067603
APN: 047-613-007-00
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Source MLS: MiRealSource
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