$53,000
SOLD OCT 4, 2016

5840 Forest Ave Otter Lake, MI 48464

3 Beds
2 Baths
1,261 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$42 Per Sq Ft

4% Above List Price

33 Days on Market

Highlights

  • Colonial Architecture
  • Corner Lot
  • 1 Car Detached Garage
  • Deck
  • No HOA
  • 2-minute walk to Otter Lake Park

About This Home

As of August 2024

Live in Otter Lake!! Repainted exterior with some updates to the interior. baths and kitchen have been worked on. appliances included. This is a great place in town and a great deal!

Last Agent to Sell the Property

Scott Tindall

Creative Investment Brokers In License #6502118209 Listed on: 08/04/2016

Last Buyer's Agent

Susan Glomski

Exit Realty Group License #RCO-6506047117

Exit Realty Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920 | Remodeled in 2012

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 60 x 120
  • Corner Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Block Foundation
  • Stone Foundation
  • Asphalt Roof

Interior Spaces

  • 1,261 Sq Ft Home
  • 2-Story Property
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Up Access
  • Interior Basement Entry

Outdoor Features

  • Deck
  • Enclosed patio or porch

Utilities

  • Back Up Electric Heat Pump System
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Village Of Otter Lake W C Cuming's Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04765101300
  • $3,000 Seller Concession

Home Details

Home Type

Single Family

Year Built

Built in 1920 | Remodeled in 2012

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 96
  • Year Built: 1920
  • Year Renovated: 2012
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Interior Entry (Interior Access), Unfinished, Walk-Up Access
  • Kitchen Appliances: Dishwasher, Dryer, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 1261
  • Total Sq Ft: 1261
  • Sq Ft Total Bsmt: 600

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Wood
  • Foundation Materials: Block, Stone
  • Frontage Feet: 60
  • Porch Type: Deck, Porch - Enclosed
  • Road Frontage Type: Paved
  • Sideof Street: E

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached, Electricity, Side Entrance
  • Garage: Yes

Utilities

  • Heating Fuel: Electric
  • Heating: Baseboard
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Electric
  • Water Source: Well (Existing)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Lakeville

Lot Info

  • List Price per Acre: 268421.0526
  • Lot Features: Corner Lot
  • Lot Size Area: 0.19
  • Lot Dimensions: 60 x 120
  • Parcel Number: 04765101300

Tax Info

  • Tax Amount Summer: 1004.0000
  • Tax Amount Winter: 842.0000
  • Total Tax: 1846.0000

MLS Schools

  • School District: Lakeville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2024
Closed on
Aug 21, 2024
Sold by
Ritch Daniel
Bought by
Gauthier Larissa and Gauthier Jason
Seller's Agent
Gary Hintz
Real Estate One-Ortonville
Buyer's Agent
Maryann Threet
Braxton Brokers & Associates Real Estate
List Price
$129,000
Sold Price
$135,000
Premium/Discount to List
$6,000
4.65%
Total Days on Market
33
Views
46
Current Estimated Value
$153,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,921
Avg. Annual Appreciation
1.18%
Original Mortgage
$132,554
Outstanding Balance
$131,745
Interest Rate
6.77%
Mortgage Type
FHA
Estimated Equity
$4,771

Purchase Details

Closed on
Feb 26, 2011
Sold by
Smith Kathleen and Smith Howard
Bought by
Petherbridge Raymond E and Petherbridge Laura K

Purchase Details

Closed on
Jun 26, 2007
Sold by
Wm Specialty Mortgage Llc
Bought by
Smith Howard and Smith Kathleen

Purchase Details

Closed on
Apr 12, 2006
Bought by
Wm Specialty Mortgage Llc
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 $135,000 Capital Title Services
Quit Claim Deed -- --
Deed $37,000 --
Sheriffs Deed $75,100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $132,554 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2024 08/22/24 Sold $135,000 +4.7% $107 / Sq Ft
06/30/2024 06/30/24 Pending -- -- --
06/25/2024 06/25/24 For Sale $129,000 +143.4% $102 / Sq Ft
10/04/2016 10/04/16 Sold $53,000 +3.9% $42 / Sq Ft
09/06/2016 09/06/16 Pending -- -- --
08/04/2016 08/04/16 For Sale $51,000 -- $40 / 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 $268 $41,800 $0 $0
2023 $256 $39,700 $0 $0
2022 $710 $30,600 $0 $0
2021 $1,456 $31,700 $0 $0
2020 $1,116 $32,300 $0 $0
2019 $889 $23,500 $0 $0
2018 $1,291 $23,900 $23,900 $0
2017 $704 $24,100 $0 $0
2016 $695 $23,400 $23,400 $0
2015 -- $23,400 $0 $0
2014 -- $22,700 $22,700 $0
2013 -- $22,200 $22,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216078162

Realcomp

APN: 047-651-013-00