NOT LISTED FOR SALE

5770 Avenue G Otter Lake, MI 48464

Estimated Value: $272,000 - $345,226

3 Beds
1.5 Baths
2,225 Sq Ft
$139/Sq Ft Est. Value

Last Sold March 02, 2023

Last sale price $310,000 $139 Per Sq Ft

Current estimated payment $1,804/month

163 Days on Market

Highlights

  • Private Waterfront
  • Ground Level Unit
  • 2 Car Attached Garage
  • Dock Facilities
  • No HOA
  • 5-minute walk to Otter Lake Park

About This Home

As of March 2023

Best Location on the Lake!! This awesome 3 bedroom Tri-level home has 1.62 acres over 2 lots that have the best views on the lake! Large Deck plus a lower walkout area with 2 fireplaces and views from almost every room. Beautiful year round home with all sports Otter Lake at your doorstep. Enjoy fishing, boating personal watercraft, kayaking or just hanging out on water!

Last Agent to Sell the Property

Douglas Ferrell

Realty Executives Main St LLC License #6501342658 Listed on: 07/28/2022

Realty Executives Main St LLC

Last Buyer's Agent

Karen Gillette

Real Estate One-Royal Oak License #6501242393

Real Estate One-Royal Oak

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1968

Lot Details

  • 1.62 Acre Lot
  • Lot Dimensions are 355.00 x 125.00
  • Private Waterfront
  • Beach Front
  • 274 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Attached Garage

Home Design

  • Split Level Home
  • Tri-Level Property
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,225 Sq Ft Home
  • Water Views
  • Partially Finished Basement
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Dock Facilities
  • Ground Level Unit

Listing and Financial Details

  • Assessor Parcel Number 04760400100

Community Details

Overview

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

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,314

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Split Level
  • Architecture Level: Tri-Level
  • Assessment: 853.00
  • Year Built: 1968
  • State Equalized Value: 98200.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Room Count: 10
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 2625
  • Sq Ft Lower Floor: 400
  • Total Sq Ft: 2225
  • Sq Ft Total Bsmt: 400

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Otter Lake
  • Waterfront: Yes
  • Foundation Details: Crawl, Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Frontage Feet: 286
  • Road Frontage Type: Paved
  • Water Frontage Feet: 274.00
  • Waterfront Description: Beach Front, Direct Water Frontage, Lake Front, Private Water Frontage, Water Front

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Well (Existing)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Lakeville

Lot Info

  • Homestead: Yes
  • Lot Features: Water View
  • Lot Size Area: 1.62
  • Lot Dimensions: 355.00 x 125.00
  • Parcel Number: 04760400100

Tax Info

  • Tax Amount Summer: 2294.0000
  • Tax Amount Winter: 1020.0000
  • Total Tax: 3314.0000
  • Taxable Value: 70622.0000

Multi Family

  • Waterfront Features: All Sports Lake, Dock Facilities, DIRFRT

MLS Schools

  • School District: Lakeville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2022
Closed on
Mar 6, 2023
Sold by
Witak Walter
Bought by
Moore Kevin and Moore Donna
Seller's Agent
Douglas Ferrell
Realty Executives Main St LLC
Buyer's Agent
Karen Gillette
Real Estate One-Royal Oak
List Price
$369,900
Sold Price
$310,000
Premium/Discount to List
-$59,900
-16.19%
Total Days on Market
163
Views
89
Current Estimated Value
$309,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$693
Avg. Annual Appreciation
-0.10%
Original Mortgage
$279,000
Outstanding Balance
$271,822
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$37,485

Purchase Details

Closed on
May 1, 2012
Sold by
Flagstar Bank Fsb
Bought by
Secretary Of Housing And Urban Developme

Purchase Details

Closed on
Nov 2, 2011
Sold by
Secretary Of Hud
Bought by
Flagstar Bank Fsb

Purchase Details

Closed on
Sep 23, 2010
Sold by
Flagstar Bank
Bought by
Hud

Purchase Details

Closed on
Jun 23, 2010
Sold by
Mortgage Electronic Registration Syste
Bought by
Flagstar Bank

Purchase Details

Closed on
Dec 16, 2009
Sold by
Gilbert Sharron M
Bought by
Mortgage Electronic Registration Syste

Purchase Details

Closed on
Mar 7, 2008
Sold by
Gilbert Leslie C
Bought by
Gilbert Sharron M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,760
Interest Rate
5.75%
Mortgage Type
FHA
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
Moore Kevin $310,000 Cislo Title
Secretary Of Housing And Urban Developme -- --
Flagstar Bank Fsb -- --
Hud -- --
Flagstar Bank -- --
Mortgage Electronic Registration Syste $216,651 --
Gilbert Sharron M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Kevin $279,000
Previous Owner Gilbert Sharron M $186,760
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2023 03/02/23 Sold $310,000 -4.6% $139 / Sq Ft
01/07/2023 01/07/23 Pending -- -- --
11/30/2022 11/30/22 Price Changed $324,900 -12.2% $146 / Sq Ft
07/28/2022 07/28/22 For Sale $369,900 -- $166 / 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
2024 $1,954 $136,800 $0 $0
2023 $745 $111,200 $0 $0
2022 $1,857 $96,600 $0 $0
2021 $3,314 $98,200 $0 $0
2020 $3,292 $99,000 $0 $0
2019 $1,343 $85,300 $0 $0
2018 $3,611 $68,500 $68,500 $0
2017 $1,746 $68,700 $0 $0
2016 $639 $66,100 $66,100 $0
2015 -- $0 $0 $0
2014 -- $64,300 $64,300 $0
2013 -- $62,200 $62,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221024030

Realcomp

APN: 047-604-001-00