NOT LISTED FOR SALE

580 Otter Lake Rd Fostoria, MI 48435

Deerfield Township Neighborhood

Estimated Value: $300,000 - $340,000

2 Beds
1.5 Baths
1,120 Sq Ft
$280/Sq Ft Est. Value

Last Sold March 08, 2024

Last sale price $300,000 $268 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,805/month

4 Days on Market

Highlights

  • 5 Acre Lot
  • Ground Level Unit
  • Enclosed patio or porch
  • Ranch Style House
  • No HOA
  • 2 Car Attached Garage

About This Home

As of March 2024

Welcome home to this completely remodeled home in Lapeer County. You will love cooking in this beautiful kitchen that has newer stainless steel appliances and plenty of counter space. The large living room will be a great place to entertain. And if you need more room for entertaining just open the doors to the Michigan room and bring some of the outside in. Every room in this house has been updated from new cabinets, counter tops, backsplash, flooring, bathroom vanities and paint. This home also offers a large partially finished basement that will add to your living space and would make a great family room. Enjoy the 5 beautiful acres and beautiful landscaping in the summer months. And don't forget the 32 x 24 Pole Barn with 10 Ft. ceilings that would make a great work room, man cave or just a place to store all your toys. Home includes a Generac Whole House Generator. BATVAI

Last Agent to Sell the Property

Donaley Vasquez

Mitten Life Realty License #6501407799 Listed on: 02/07/2024

Last Buyer's Agent

Unidentified Agent

Unidentified Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1987 | Remodeled in 2023

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 221 x 983

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Wood Foundation
  • Brick Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,120 Sq Ft Home
  • Partially Finished Basement
  • Walk-Out Basement

Kitchen

  • Free-Standing Gas Oven
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Liquid Propane Gas Water Heater

Additional Features

  • Enclosed patio or porch
  • Ground Level Unit

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 00600602310

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,376

Year Built

Built in 1987 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 97.00
  • Year Built: 1987
  • State Equalized Value: 87600.0000
  • Year Renovated: 2023
  • Entry Location: Ground Level
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished, Walkout Access
  • Kitchen Appliances: Dryer, Free-Standing Gas Oven, Free-Standing Refrigerator, Microwave, Washer
  • Sq Ft Combined: 1785
  • Sq Ft Lower Floor: 665
  • Total Sq Ft: 1120
  • Sq Ft Total Bsmt: 1120

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Brick/Mortar, Wood
  • Frontage Feet: 221
  • Porch Type: Porch - Enclosed, Porch
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

  • Heating Fuel: LP Gas/Propane
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Natural Gas
  • Water Source: Well (Existing)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: North Branch

Lot Info

  • Lot Size Area: 5.00
  • Lot Dimensions: 221 X 983
  • Parcel Number: 00600602310

Tax Info

  • Tax Amount Summer: 483.0000
  • Tax Amount Winter: 893.0000
  • Total Tax: 1376.0000
  • Taxable Value: 49691.0000

MLS Schools

  • School District: North Branch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2024
Closed on
Mar 8, 2024
Sold by
Maranowski Mark and Maranowski Rita
Bought by
Trowbridge Scott John and Trowbridge Letha Ann
Seller's Agent
Donaley Vasquez
Mitten Life Realty
Buyer's Agent
Unidentified Agent
Unidentified Office
List Price
$290,000
Sold Price
$300,000
Premium/Discount to List
$10,000
3.45%
Views
27
Current Estimated Value
$310,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,483
Avg. Annual Appreciation
0.89%
Original Mortgage
$40,000
Outstanding Balance
$36,832
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$266,977

Purchase Details

Listed on
Jul 25, 2023
Closed on
Aug 18, 2023
Sold by
Brunett Roy E
Bought by
Maranowski Mark and Maranowski Rita
Seller's Agent
Lucy Ham
Ham Group Realty
Buyer's Agent
Donaley Vasquez
Lasco Real Estate Group
List Price
$249,900
Sold Price
$252,000
Premium/Discount to List
$2,100
0.84%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.53%
Original Mortgage
$80,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Trowbridge Scott John $300,000 None Listed On Document
Maranowski Mark $252,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trowbridge Scott John $40,000
Previous Owner Maranowski Mark $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2024 03/08/24 Sold $300,000 +3.4% $268 / Sq Ft
02/11/2024 02/11/24 Pending -- -- --
02/07/2024 02/07/24 For Sale $290,000 +15.1% $259 / Sq Ft
08/18/2023 08/18/23 Sold $252,000 +0.8% $141 / Sq Ft
07/29/2023 07/29/23 Pending -- -- --
07/25/2023 07/25/23 For Sale $249,900 -- $140 / 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 $1,260 $130,000 $0 $0
2023 $483 $87,600 $0 $0
2022 $1,353 $73,900 $0 $0
2021 $1,256 $72,900 $0 $0
2020 $1,236 $67,900 $0 $0
2019 $1,236 $64,600 $0 $0
2018 $1,224 $58,900 $58,900 $0
2017 $1,175 $53,500 $0 $0
2016 $415 $47,300 $47,300 $0
2015 -- $0 $0 $0
2014 -- $43,300 $43,300 $0
2013 -- $40,600 $40,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Donaley Vasquez

    Seller's Agent in 2024

    Donaley Vasquez

    Mitten Life Realty

    (810) 410-5474

    2 in this area

    48 Total Sales

    Section Image

  • U

    Buyer's Agent in 2024

    Unidentified Agent

    Unidentified Office

  • Lucy Ham

    Seller's Agent in 2023

    Lucy Ham

    Ham Group Realty

    (810) 659-6569

    1 in this area

    546 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 20240007580

Realcomp

APN: 006-006-023-10

Michigan Lapeer County Fostoria 48435 Deerfield Township

580 Otter Lake Rd, Fostoria, MI

This home is located at 580 Otter Lake Rd, Fostoria, MI 48435 since 07 February 2024 and is currently estimated at $313,402, approximately $279 per square foot. This property was built in 1987. 580 Otter Lake Rd is a home located in Lapeer County with nearby schools including North Branch Elementary School, North Branch Middle School, and Ruth Fox 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
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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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