NOT LISTED FOR SALE

5730 Forest Ave Otter Lake, MI 48464

Estimated Value: $117,000 - $171,000

2 Beds
1 Bath
853 Sq Ft
$165/Sq Ft Est. Value

Last Sold May 13, 2022

Last sale price $108,000 $127 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $833/month

4 Days on Market

Highlights

  • Beach Access
  • Ground Level Unit
  • Porch
  • Ranch Style House
  • No HOA
  • 4-minute walk to Otter Lake Park

About This Home

As of May 2022

Lots of updates in this Ranch home! Move-in ready 2 bedroom, 1 bath home with just under 900 square feet. Entry area is a perfect place for coat/boot storage. Living room has plenty of natural light and new carpet. Eat-in kitchen was updated in 2019. Other updates include the hot water heater in 2017; the sliding door & windows in 2018; carpet in 2022; bathroom in 2017; and water softener and electrical in 2018. Otter lake beach privileges. See this one soon!

Last Agent to Sell the Property

Danny O'Brien

Wentworth Real Estate Group License #6501410099 Listed on: 04/07/2022

Co-Listed By

John Wentworth

Wentworth Real Estate Group License #6506046804

Last Buyer's Agent

Shawn Debuf

License #6501402424

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1958

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 85.00x100.00

Home Design

  • Ranch Style House
  • Vinyl Construction Material

Interior Spaces

  • 853 Sq Ft Home
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Beach Access
  • Shed
  • Porch

Location

  • Ground Level Unit

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Village Of Otter Lake Original Plat Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04761300600

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,577

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1958
  • State Equalized Value: 19800.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 4
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Sq Ft Combined: 853
  • Total Sq Ft: 853

Exterior Features

  • Waterfront Name: Otter Lake
  • Foundation Details: Crawl
  • Construction Materials: Vinyl
  • Frontage Feet: 85
  • Porch Type: Porch
  • Road Frontage Type: Paved
  • Waterfront Description: Beach Access

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Hot Water
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Well (Existing)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Lakeville

Lot Info

  • Lot Size Area: 0.20
  • Lot Dimensions: 85.00X100.00
  • Parcel Number: 04761300600

Tax Info

  • Tax Amount Summer: 1040.0000
  • Tax Amount Winter: 537.0000
  • Total Tax: 1577.0000
  • Taxable Value: 13753.0000

MLS Schools

  • School District: Lakeville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2022
Closed on
May 13, 2022
Sold by
Dominic Johnson
Bought by
Thompson Kalani
Seller's Agent
Danny O'Brien
Wentworth Real Estate Group
Buyer's Agent
Shawn Debuf
List Price
$109,900
Sold Price
$108,000
Premium/Discount to List
-$1,900
-1.73%
Current Estimated Value
$140,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,814
Avg. Annual Appreciation
8.48%
Original Mortgage
$108,000
Outstanding Balance
$102,789
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$38,025

Purchase Details

Listed on
Aug 18, 2016
Closed on
Jan 10, 2017
Sold by
Castle 2016 Llc
Bought by
Johnson Dominic
Seller's Agent
Ryan Gehris
USRealty.com, LLP
Buyer's Agent
Ryan Gehris
USRealty.com, LLP
List Price
$24,900
Sold Price
$16,500
Premium/Discount to List
-$8,400
-33.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.26%

Purchase Details

Closed on
Feb 18, 1997
Sold by
Smith Gerald B and Smith Wiltha
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
Thompson Kalani $108,000 New Title Company Name
Johnson Dominic $16,500 --
-- $48,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Kalani $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2022 05/13/22 Sold $108,000 -1.7% $127 / Sq Ft
04/12/2022 04/12/22 For Sale $109,900 0.0% $129 / Sq Ft
04/12/2022 04/12/22 Pending -- -- --
04/07/2022 04/07/22 For Sale $109,900 +566.1% $129 / Sq Ft
01/13/2017 01/13/17 Sold $16,500 0.0% $19 / Sq Ft
12/16/2016 12/16/16 Pending -- -- --
10/27/2016 10/27/16 Price Changed $16,500 -7.8% $19 / Sq Ft
10/18/2016 10/18/16 Price Changed $17,900 -10.1% $21 / Sq Ft
09/20/2016 09/20/16 Price Changed $19,900 -20.1% $23 / Sq Ft
08/18/2016 08/18/16 For Sale $24,900 -- $29 / Sq Ft
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 $786 $48,400 $0 $0
2024 $751 $48,700 $0 $0
2023 $257 $45,800 $0 $0
2022 $450 $19,500 $0 $0
2021 $1,577 $19,800 $0 $0
2020 $2,062 $19,800 $0 $0
2019 $261 $14,400 $0 $0
2018 $1,687 $13,000 $13,000 $0
2017 $665 $13,100 $0 $0
2016 $133 $13,500 $13,500 $0
2015 -- $0 $0 $0
2014 -- $13,500 $13,500 $0
2013 -- $13,500 $13,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Danny O'Brien

    Seller's Agent in 2022

    Danny O'Brien

    Wentworth Real Estate Group

    (810) 471-2916

    142 Total Sales

    Danny O'Brien
    Section Image

  • J

    Seller Co-Listing Agent in 2022

    John Wentworth

    Wentworth Real Estate Group

    (810) 955-6600

    872 Total Sales

    John Wentworth
    Section Image
  • Shawn Debuf

    Buyer's Agent in 2022

    Shawn Debuf

    (810) 357-8032

    100 Total Sales

    Shawn Debuf
    Section Image

  • R

    Seller's Agent in 2017

    Ryan Gehris

    USRealty.com, LLP

    Section Image
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Map

Source: Realcomp

MLS Number: 2220024092

Realcomp

APN: 047-613-006-00

Michigan Lapeer County Otter Lake 48464

5730 Forest Ave, Otter Lake, MI

This home is located at 5730 Forest Ave, Otter Lake, MI 48464 since 07 April 2022 and is currently estimated at $140,814, approximately $165 per square foot. This property was built in 1958. 5730 Forest Ave 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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