Welcome 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.
Great investment opportunity! Home is secluded, nestled in a beautiful setting in the middle of the woods! Views from every window. Property includes deeded access to all sports Hemingway Lake. Home is in need of work and is priced accordingly. Selling as-is. Cash only.
Collateral Analytics
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ICE
ICE Mortgage Technology
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First American
First American
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Quantarium
Quantarium
Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.
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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
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 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
Change
Sq Ft Price
05/13/202205/13/22
Sold
$70,000
-12.4%
$61 / Sq Ft
05/04/202205/04/22
Pending
--
--
--
04/18/202204/18/22
Price Changed
$79,900
-3.6%
$70 / Sq Ft
04/03/202204/03/22
Price Changed
$82,900
-2.4%
$73 / Sq Ft
03/09/202203/09/22
For Sale
$84,900
--
$74 / Sq Ft
Source: Michigan Multiple Listing Service
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 5727 Genesee Ave, Otter Lake, MI 48464 since 09 March 2022 and is currently estimated at $99,232, approximately $87 per square foot. This property was built in 1900. 5727 Genesee Ave is a home located in Lapeer County with nearby schools including Columbiaville Elementary School, Otisville Elementary School, and Lakeville Middle School.
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