NOT LISTED FOR SALE

5953 Cedar Ln Otter Lake, MI 48464

Estimated Value: $351,000 - $395,000

3 Beds
3 Baths
4,412 Sq Ft
$85/Sq Ft Est. Value

Last Sold July 09, 2018

Last sale price $229,900 $52 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,220/month

56 Days on Market

Highlights

  • Pole Barn
  • Forced Air Zoned Heating and Cooling System
  • Ceiling Fan
  • Geothermal Hot Water System
  • 1-Story Property
  • 2-minute walk to Otter Lake Park

About This Home

As of July 2018

Stunning large home with over 4,000 finished square feet on an even more stunning 4.6 acre parcel! Views of Otter Lake and municipal access to the park and boat launch you get the best of both worlds with acreage, view and a short walk to town. Property comes complete with a large pole barn and 17,500 Watt whole house generator. Bonus is direct access to the paved Southern Links Trailway soon to extend all the way to Vassar! This home is perfect for entertaining large numbers of people with vast open kitchen with enormous island, eat in area the size of a normal dining room PLUS dining room. Living room, heated Michigan room, family room in lower level and large rec room. Lots of space to spread out and all that square footage relatively inexpensive to heat thanks to Geothermal! Big custom windowns and blinds make for great views.... be the first new owner to enjoy years of love and care put into it by the orginal owners. Book your showing today!

Last Agent to Sell the Property

Kevin Usealman

REMAX Edge License #FAAR-125561 Listed on: 04/12/2018

REMAX Edge

Last Buyer's Agent

Kevin Usealman

REMAX Edge License #FAAR-125561 Listed on: 04/12/2018

REMAX Edge

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $1,814

Year Built

  • Built in 2007

Lot Details

  • 4.76

Parking

  • 2 Car Garage

Home Design

  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Window Egress

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Geothermal Heating and Cooling
  • Geothermal Hot Water System
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Pole Barn
  • 4.76 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 09-01-400-028

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$1,814

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Originating MLS: East Central Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Modular
  • Structure Style: 1 Story
  • Year Built: 2007
  • Mail City: Otter Lake
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement: Egress/Daylight Windows, Finished, Walk Out, Poured
  • Bedrooms: 3
  • Bedroom 1: On Entry Level, Dimensions: 14 x 12
  • Full Bathrooms: 3
  • Total Bathrooms: 4
  • Bathroom 1: Dimensions: 12 x 10, On Level: Entry
  • Bathroom 2: Dimensions: 13 x 6, On Level: Entry
  • Dining Room: Dimensions: 13 x 12
  • Family Room: On Lower Floor, Dimensions: 32 x 12
  • Kitchen: On Entry Level, Dimensions: 25 x 12
  • Living Room: Dimensions: 20 x 18
  • Below Grade Sq Ft: 2322
  • Finished Below Grade Sq Ft: 2090
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 2322
  • Total Finished Sq Ft: 4412

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Basement
  • Road: Gravel
  • Out Buildings: Pole Barn
  • Frontage Type: Road

Garage/Parking

  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Forced Air, Zoned Heating
  • Heating Fuel: Electric, Geothermal
  • Sewer: Septic
  • Water: Private Well
  • Water Heater: Electric, Geothermal
  • Cooling: Ceiling Fan(s), Central A/C

Lot Info

  • Assessor Parcel Number: 09-01-400-028
  • Acreage: 4.76
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $1,094.00
  • Winter Tax: Amount: $720.00

MLS Schools

  • School District: Lakeville Comm School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2018
Closed on
Jul 9, 2018
Sold by
Barna Brian R
Bought by
Barna Brian Robert and Barna Cynthia Marie
Seller's Agent
Kevin Usealman
REMAX Edge
Buyer's Agent
Kevin Usealman
REMAX Edge
List Price
$249,900
Sold Price
$229,900
Premium/Discount to List
-$20,000
-8%
Total Days on Market
56
Current Estimated Value
$373,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,576
Avg. Annual Appreciation
7.56%
Original Mortgage
$183,900
Outstanding Balance
$141,062
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$239,057

Purchase Details

Closed on
Jan 18, 2018
Sold by
Gulkescon Frances A and Gulkescon Kenneth L
Bought by
Gulkeson Frances A and Gulkeson Trust

Purchase Details

Closed on
Dec 10, 2004
Sold by
Hagemeister Dawn R
Bought by
Gullekson Kenneth L and Gullekson Frances A
Source: Public Records

Range of Values:

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Average Value
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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
Barna Brian Robert -- None Available
Barna Brian R $229,900 Fidelity National Title
Gulkeson Frances A -- None Available
Gullekson Kenneth L $26,900 Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barna Brian Robert $100,000
Closed Barna Brian Robert $65,000
Open Barna Brian R $183,900
Previous Owner Gullekson Kenneth L $30,350
Previous Owner Gullekson Kenneth L $50,675
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2018 07/09/18 Sold $229,900 0.0% $52 / Sq Ft
06/07/2018 06/07/18 Pending -- -- --
05/31/2018 05/31/18 Price Changed $229,900 -3.4% $52 / Sq Ft
05/17/2018 05/17/18 Price Changed $237,900 -2.1% $54 / Sq Ft
05/09/2018 05/09/18 Price Changed $242,900 -2.0% $55 / Sq Ft
04/26/2018 04/26/18 Price Changed $247,900 -0.8% $56 / Sq Ft
04/12/2018 04/12/18 For Sale $249,900 -- $57 / 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 $1,477 $207,000 $0 $0
2023 $1,409 $188,800 $0 $0
2022 $1,303 $155,900 $0 $0
2021 $3,317 $148,000 $0 $0
2020 $1,289 $118,600 $0 $0
2019 $1,269 $109,300 $0 $0
2018 $1,815 $72,000 $0 $0
2017 $1,814 $69,400 $0 $0
2016 $2,797 $63,700 $0 $0
2015 $1,772 $61,200 $0 $0
2014 $705 $61,700 $0 $0
2012 -- $58,900 $58,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Kevin Usealman

    Seller's Agent in 2018

    Kevin Usealman

    RE/MAX Michigan

    (810) 965-6552

    43 Total Sales

    Kevin Usealman
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Map

Source: Michigan Multiple Listing Service

MLS Number: 100001533

Michigan Multiple Listing Service

APN: 09-01-400-028

Michigan Genesee County Otter Lake 48464

5953 Cedar Ln, Otter Lake, MI

This home is located at 5953 Cedar Ln, Otter Lake, MI 48464 since 12 April 2018 and is currently estimated at $373,476, approximately $84 per square foot. This property was built in 2007. 5953 Cedar Ln is a home located in Genesee County with nearby schools including Columbiaville Elementary School, Otisville Elementary School, and Lakeville Middle School.

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Michigan Multiple Listing Service Source MLS: MiRealSource
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