NOT LISTED FOR SALE

5796 Hemingway Lake Rd Otter Lake, MI 48464

Estimated Value: $190,000 - $235,000

3 Beds
1 Bath
1,550 Sq Ft
$138/Sq Ft Est. Value

Last Sold June 03, 2022

Last sale price $160,000 $103 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,212/month

48 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Detached Garage
  • Forced Air Heating System
  • No HOA

About This Home

As of June 2022

You don't want to miss out on this beautiful 1550 sq ft. ranch with a huge 2 car garage and entertainment area. Home sits on over 1 acre. Original hardwood floors though out the kitchen and hallway, which leads you to good sized bedrooms. Updated dining room with vinyl flooring that leads to the living room, bathroom and a huge 22 ft x 11 ft bedroom. Heated detached drive through garage features a nice bar and offers plenty of space for storage or makes a great heated workshop. Home is sitting on just over 1 acre and is within walking distance of an all sports Otter Lake as well as many amenities. Appliances are included. You won't want to miss out, come take a look. Additional barn and shed also so this offers lots of storage options.

Last Agent to Sell the Property

Jack Lengemann

Realty Volution.com License #6501436975 Listed on: 03/12/2022

Last Buyer's Agent

Mystic Worden

Red Oak Associates License #6501436259

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1945

Lot Details

  • 1.17 Acre Lot
  • Lot Dimensions are 195.90x413.90

Parking

  • 2 Car Detached Garage

Home Design

  • 1,550 Sq Ft Home
  • Ranch Style House
  • Block Foundation
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association
  • Village Of Otter Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04763701100

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,107

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 109.86
  • Year Built: 1945
  • State Equalized Value: 68400.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1550
  • Total Sq Ft: 1550
  • Sq Ft Total Bsmt: 550

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Frontage Feet: 195
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • 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: 1.17
  • Lot Dimensions: 195.90X413.90
  • Parcel Number: 04763701100

Tax Info

  • Tax Amount Summer: 1379.0000
  • Tax Amount Winter: 1728.0000
  • Total Tax: 3107.0000
  • Taxable Value: 52075.0000

MLS Schools

  • School District: Lakeville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2022
Closed on
Jun 3, 2022
Sold by
Gina Diamond
Bought by
Diamond Michael
Seller's Agent
Jack Lengemann
Realty Volution.com
Buyer's Agent
Mystic Worden
Red Oak Associates
List Price
$159,900
Sold Price
$160,000
Premium/Discount to List
$100
0.06%
Total Days on Market
48
Current Estimated Value
$214,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,667
Avg. Annual Appreciation
10.33%
Original Mortgage
$152,000
Outstanding Balance
$145,646
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$69,022

Purchase Details

Listed on
Jun 1, 2017
Closed on
Nov 10, 2017
Sold by
Perakovic Anthony T and Perakovic Linda R
Bought by
Diamond Michael
Seller's Agent
Madeleine Jens
Allstate Properties.com
List Price
$118,000
Sold Price
$113,000
Premium/Discount to List
-$5,000
-4.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.93%
Original Mortgage
$116,161
Interest Rate
3.91%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Diamond Michael -- None Listed On Document
Diamond Michael $113,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diamond Michael $152,000
Previous Owner Diamond Michael $116,161
Previous Owner Perakovic Anthony T $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2022 06/03/22 Sold $160,000 +0.1% $103 / Sq Ft
04/30/2022 04/30/22 Pending -- -- --
04/25/2022 04/25/22 Price Changed $159,900 0.0% $103 / Sq Ft
04/25/2022 04/25/22 For Sale $159,900 -5.9% $103 / Sq Ft
04/14/2022 04/14/22 Pending -- -- --
03/12/2022 03/12/22 For Sale $169,900 +50.4% $110 / Sq Ft
11/10/2017 11/10/17 Sold $113,000 +0.9% $73 / Sq Ft
09/25/2017 09/25/17 Pending -- -- --
07/24/2017 07/24/17 Price Changed $112,000 -5.1% $72 / Sq Ft
06/30/2017 06/30/17 For Sale $118,000 0.0% $76 / Sq Ft
06/09/2017 06/09/17 Pending -- -- --
05/31/2017 05/31/17 For Sale $118,000 -- $76 / 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 $881 $91,700 $0 $0
2023 $842 $86,600 $0 $0
2022 $1,398 $66,400 $0 $0
2021 $3,107 $68,400 $0 $0
2020 $3,207 $69,300 $0 $0
2019 $2,706 $50,400 $0 $0
2018 $3,087 $49,600 $49,600 $0
2017 $1,102 $49,800 $0 $0
2016 $1,126 $48,500 $48,500 $0
2015 -- $48,400 $0 $0
2014 -- $47,900 $47,900 $0
2013 -- $46,900 $46,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2220016146

Realcomp

APN: 047-637-011-00