NOT LISTED FOR SALE

5775 Hemingway Lake Rd Otter Lake, MI 48464

Estimated Value: $136,000 - $174,000

2 Beds
1 Bath
1,125 Sq Ft
$144/Sq Ft Est. Value

Last Sold September 04, 2020

Last sale price $145,000 $129 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $913/month

99 Days on Market

About This Home

As of September 2020

This quaint home has been well maintained. Nature, seclusion and acreage all within a short walk of town! Stroll over to the Southern Links Trailway system or to the beach and public park. Launch your boat with village resident access to all sports Otter Lake! This home has been updated with tender loving care over the last year. Enjoy a heated four season room that is competely redone along with new carpet in the living area and new windows throughout the house as well as electrical and plumbing updates. Newer doors and brand new storm doors. Detached garage comes complete with 220 ac access. Newer roof on garage. This quaint and cared for home on acreage for the value can't be beat! Schedule your showing today!

Last Agent to Sell the Property

Kevin Usealman

REMAX Edge License #FAAR-125561 Listed on: 03/20/2020

REMAX Edge

Last Buyer's Agent

. Non Mls Member

NON MLS Member License #MISPE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1960

Lot Details

  • 3.66 Acre Lot
  • 40 Ft Wide Lot

Parking

  • 2 Car Garage

Home Design

  • 1,125 Sq Ft Home
  • Ranch Style House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Boiler Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Unfinished Basement

Community Details

  • Village Of Otter Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 047-637-025-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,053

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Originating MLS: East Central Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Year Built: 1960
  • Mail City: Otter Lake
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Yes
  • Basement: Unfinished
  • Bedrooms: 2
  • Bedroom 1: On Entry Level, Dimensions: 12 x 12
  • Bedroom 2: On Entry Level, Dimensions: 14 x 12
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: Entry
  • Below Grade Sq Ft: 1125
  • Above Grade Finished Sq Ft: 1125
  • Total Finished Sq Ft: 1125

Exterior Features

  • Exterior: Cinder Block
  • Foundation: Basement
  • Frontage: 40

Garage/Parking

  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Boiler
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Private Well

Lot Info

  • Assessor Parcel Number: 047-637-025-00
  • Lot Dimensions: 350xirr
  • Acreage: 3.66
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2019, Amount: $743.00
  • Winter Tax: Year: 2018, Amount: $1,310.00
  • Total Tax: Amount: $2,053.00

MLS Schools

  • School District: Lakeville Comm School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2020
Closed on
Sep 4, 2020
Sold by
Krapohl Joe and Krapohl Lynda
Bought by
Mcknight Daniel
Seller's Agent
Kevin Usealman
REMAX Edge
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$144,900
Sold Price
$145,000
Premium/Discount to List
$100
0.07%
Total Days on Market
99
Current Estimated Value
$162,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,147
Avg. Annual Appreciation
2.39%
Original Mortgage
$146,464
Outstanding Balance
$131,444
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$30,703

Purchase Details

Closed on
Apr 3, 2018
Sold by
Joseph Krapohl
Bought by
Krapohl Joseph and Krapohl Lynda

Purchase Details

Listed on
Oct 18, 2011
Closed on
Feb 14, 2012
Sold by
Federal National Mortgage Association
Bought by
Krapohl Joesph
Seller's Agent
Bruce Huber
Real Estate One Gardner & Asso
Buyer's Agent
. Non Mls Member
NON MLS MEMBER
List Price
$33,800
Sold Price
$31,000
Premium/Discount to List
-$2,800
-8.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.25%

Purchase Details

Closed on
Jul 1, 2011
Sold by
Rbs Citizens Na
Bought by
Fannie Mae

Purchase Details

Closed on
Jun 15, 2011
Sold by
Kirby Kerry
Bought by
Rbs Citizens Na

Purchase Details

Closed on
Feb 26, 1999
Sold by
Sanborn Kathy A
Bought by
Jablonski David T

Purchase Details

Closed on
May 19, 1995
Sold by
Newbery Lyle
Bought by
Sanborn Kathy
Source: Public Records

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Range of Values:

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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
Mcknight Daniel $145,000 None Available
Mcknight Daniel $145,000 Krapohl Joe
Krapohl Joseph -- None Listed On Document
Krapohl Joseph -- --
Krapohl Joseph -- None Listed On Document
Krapohl Joesph $31,000 --
Fannie Mae -- --
Rbs Citizens Na $59,977 --
Jablonski David T $91,500 --
Sanborn Kathy $76,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcknight Daniel $146,464
Closed Mcknight Daniel $146,464
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2020 09/04/20 Sold $145,000 +1.5% $129 / Sq Ft
06/27/2020 06/27/20 Pending -- -- --
06/18/2020 06/18/20 Price Changed $142,900 -1.4% $127 / Sq Ft
06/05/2020 06/05/20 For Sale $144,900 0.0% $129 / Sq Ft
05/27/2020 05/27/20 Pending -- -- --
03/20/2020 03/20/20 For Sale $144,900 +367.4% $129 / Sq Ft
02/17/2012 02/17/12 Sold $31,000 -8.3% $28 / Sq Ft
01/26/2012 01/26/12 Pending -- -- --
10/18/2011 10/18/11 For Sale $33,800 -- $30 / Sq Ft
Source: Michigan Multiple Listing Service

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 $627 $72,700 $0 $0
2023 $599 $69,100 $0 $0
2022 $1,516 $58,700 $0 $0
2021 $2,342 $60,300 $0 $0
2020 $1,579 $47,100 $0 $0
2019 $743 $37,800 $0 $0
2018 $2,274 $38,300 $38,300 $0
2017 $1,708 $38,400 $0 $0
2016 $1,724 $36,800 $36,800 $0
2015 -- $37,000 $0 $0
2014 -- $36,800 $36,800 $0
2013 -- $35,800 $35,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50008866

Michigan Multiple Listing Service

APN: 047-637-025-00