$31,000
SOLD FEB 17, 2012

5775 Hemingway Lake Rd Otter Lake, MI 48464

2 Beds
1 Bath
1,125 Sq Ft
3.66 Acres

Recently Sold

$28 Per Sq Ft

8% Below List Price

100 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Detached Garage
  • Hot Water Heating System
  • Sun or Florida Room

About This Home

As of September 2020

Small ranch home located on private shared drive will need repairs. Wooded parcel, detached garage. This is a Fannie Mae HomePath property-purchase for as little as 3% down with HomePath Renovation Mortgage. O/O purchasers only for first 15 days of listing.

Last Agent to Sell the Property

Bruce Huber

Real Estate One Gardner & Asso License #MISPE-6502117628 Listed on: 10/18/2011

Real Estate One Gardner & Asso

Last Buyer's Agent

. Non Mls Member

NON MLS MEMBER License #MISPE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 3.66 Acre Lot
  • 350 Ft Wide Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,125 Sq Ft Home
  • Sun or Florida Room
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Hot Water Heating System
  • Heating System Uses Propane

Community Details

  • Village Of Otter Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04763702500

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 2883
  • Year Built: 1960
  • Mail City: Otter Lake
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Yes
  • Bedrooms: 2
  • Bedroom 1: On Entry Level, Dimensions: 11 x 11
  • Bedroom 2: On Entry Level, Dimensions: 11 x 11
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Types: Sun/Florida Room
  • Kitchen: On Entry Level, Dimensions: 12 x 14
  • Living Room: On Entry Level, Dimensions: 12 x 18
  • Sun Room: On Entry Level
  • Above Grade Finished Sq Ft: 1125
  • Total Finished Sq Ft: 1125

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Basement
  • Frontage: 350
  • Road: Paved Street

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Hot Water
  • Heating Fuel: LP/Propane Gas
  • Sewer: Public Sanitary
  • Water: Private Well

Lot Info

  • Assessor Parcel Number: 04763702500
  • Lot Dimensions: 350xIRR
  • Acreage: 3.66

Tax Info

  • Summer Tax: Amount: $2,209.00
  • Winter Tax: Amount: $674.00
  • Total Tax: Amount: $2,883.00

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%
Current Estimated Value
$195,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,973
Avg. Annual Appreciation
6.18%
Original Mortgage
$146,464
Outstanding Balance
$129,977
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$65,996

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
14.56%

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

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $145,000 None Available
Warranty Deed $145,000 None Listed On Document
Warranty Deed $145,000 Krapohl Joe
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- --
Quit Claim Deed -- None Listed On Document
Deed $31,000 --
Quit Claim Deed -- --
Sheriffs Deed $59,977 --
Warranty Deed $91,500 --
Warranty Deed $76,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $146,464 New Conventional
Closed $146,464 New Conventional
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
2025 $1,665 $79,900 $0 $0
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

  • Kevin Usealman

    Seller's Agent in 2020

    Kevin Usealman

    RE/MAX Michigan

    (810) 965-6552

    35 Total Sales

    Kevin Usealman
    Section Image

  • .

    Buyer's Agent in 2020

    . Non Mls Member

    NON MLS Member

  • B

    Seller's Agent in 2012

    Bruce Huber

    Real Estate One Gardner & Asso

    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 31077314

Michigan Multiple Listing Service

APN: 047-637-025-00

Michigan Lapeer County Otter Lake 48464

5775 Hemingway Lake Rd, Otter Lake, MI

This home is located at 5775 Hemingway Lake Rd, Otter Lake, MI 48464 and is currently priced at $31,000, approximately $27 per square foot. This property was built in 1960. 5775 Hemingway Lake Rd 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.

Michigan Multiple Listing Service Source MLS: MiRealSource
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