NOT LISTED FOR SALE

5950 Cedar Ln Otter Lake, MI 48464

Estimated Value: $400,352 - $706,000

3 Beds
2 Baths
2,100 Sq Ft
$252/Sq Ft Est. Value

Last Sold April 24, 2015

Last sale price $215,000 $102 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $3,089/month

351 Days on Market

Highlights

  • Waterfront
  • Ranch Style House
  • Hydromassage or Jetted Bathtub
  • Deck
  • Pole Barn
  • 2-minute walk to Otter Lake Park

About This Home

As of April 2015

She was built in 2003 with every upgrade possible! Sprawling custom ranch on all sports Otter Lake with just over 130 feet of sandy beach and crystal clear water! The lake is 150 feet deep, and around 70 acres in size! The home is in like new condition with a fantastic view of the lake in most rooms. 30x60 x10 Pole Barn with 2 - 7 ft door and 2- 8 footers, full cement floors with a built in insulated man cave !

Last Agent to Sell the Property

Paul Coulter

Realty Executives Main St-Lap License #MISPE-6502352995 Listed on: 04/23/2014

Realty Executives Main St-Lap

Last Buyer's Agent

Gary Hobson

Garrow & Associates REALTORS License #SBR

Garrow & Associates REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2003

Lot Details

  • 1.22 Acre Lot
  • Lot Dimensions are 228x205x130x305
  • Waterfront

Home Design

  • Ranch Style House
  • Vinyl Siding
  • Vinyl Trim

Interior Spaces

  • 2,100 Sq Ft Home
  • Gas Fireplace
  • Family Room with Fireplace
  • Great Room
  • Living Room
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio
  • Pole Barn

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Liquid Propane Gas Water Heater
  • Septic Tank
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 0901400027

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,170

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cable/Internet Avail., Spa/Jetted Tub
  • Fireplace: Yes
  • Fireplaces: FamRoom Fireplace, Gas Fireplace
  • Bedrooms: 3
  • Bedroom 1: On Entry Level, Dimensions: 13 x 13
  • Bedroom 2: On Entry Level, Dimensions: 12 x 9
  • Bedroom 3: On Entry Level, Dimensions: 12 x 9
  • Bathrooms Description: First Flr Lavatory, MstrBdrm Full Bathroom
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room Types: First Floor Bedroom, First Floor Laundry, First Floor Mstr Bedroom, Great Room, Living Room
  • Dining Room: On Entry Level, Dimensions: 13 x 11
  • Great Room: On Entry Level, Dimensions: 14 x 12
  • Kitchen: On Entry Level, Dimensions: 17 x 13
  • Laundry: On Entry Level, Dimensions: 9 x 6
  • Living Room: On Entry Level, Dimensions: 18 x 13
  • Sun Room: On Entry Level, Dimensions: 23 x 13
  • Other Room1: Dimensions: 15x8, On Level: Entry
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 2100
  • Total Finished Sq Ft: 2100

Exterior Features

  • Exterior: Vinyl Siding, Vinyl Trim
  • Exterior Features: Deck, Patio
  • Foundation: Crawl
  • Frontage: 228
  • Road: Paved Street
  • Water Features: All Sports Lake, Lake Frontage
  • Waterfront: Yes
  • Out Buildings: Pole Barn

Garage/Parking

  • Garage: Attached Garage, Gar Door Opener
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: LP/Propane Gas
  • Sewer: Septic
  • Water: Private Well
  • Water Heater: Propane Hot Water
  • Cooling: Central A/C

Lot Info

  • Assessor Parcel Number: 0901400027
  • Lot Description: Easement
  • Lot Dimensions: 228x205x130x305
  • Acreage: 1.22

Tax Info

  • Summer Tax: Amount: $882.00
  • Winter Tax: Amount: $1,288.00
  • Total Tax: Amount: $2,170.00

MLS Schools

  • School District: Lakeville Comm School District

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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

Mortgage History

Date Status Borrower Loan Amount
Closed Hardy David E $116,000
Closed Hardy David E $119,700
Closed Hardy David E $96,300
Closed Hardy David E $120,000
Closed Hardy David E $81,600
Closed Hardy David E $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2015 04/24/15 Sold $215,000 -10.0% $102 / Sq Ft
04/09/2015 04/09/15 Pending -- -- --
04/23/2014 04/23/14 For Sale $239,000 -- $114 / 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 $1,447 $190,000 $0 $0
2023 $1,381 $179,300 $0 $0
2022 $1,277 $153,600 $0 $0
2021 $5,260 $148,000 $0 $0
2020 $1,263 $128,400 $0 $0
2019 $1,243 $119,100 $0 $0
2018 $4,902 $109,800 $0 $0
2017 $4,862 $107,100 $0 $0
2016 $6,358 $101,500 $0 $0
2015 $2,267 $78,300 $0 $0
2014 $887 $77,700 $0 $0
2012 -- $74,700 $74,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31189712

Michigan Multiple Listing Service

APN: 09-01-400-027