$20,000
SOLD MAY 17, 2013

6533 N Lake Rd Otter Lake, MI 48464

Marathon Township Neighborhood
3 Beds
1 Bath
1,000 Sq Ft
0.98 Acres

Recently Sold

$20 Per Sq Ft

5% Above List Price

2 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating System

About This Home

As of January 2014

ATTN INVESTORS---The bottom of the barrel. The Cheapest home available in Lapeer County---Tried to resist listing this foreclosure but had no choice. CASH ONLY. Good opportunity for a flip. Home was stripped of plumbing, sinks, furnace, some siding, and HWH. Approx 1 acre of land. Brick ranch. Paved rd. Nat. Gas. ALL OFFERS WILL BE CONSIDERED. Set up all appts through showing desk and email all offers to listing agent.

Last Agent to Sell the Property

Alex Lengemann

Realty Volution.com License #6501292023 Listed on: 05/05/2013

Last Buyer's Agent

Douglas Ferrell

Realty Executives Main St LLC License #6501342658

Realty Executives Main St LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • 0.98 Acre Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,000 Sq Ft Home
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • High Meadow Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01312000600

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 5
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Sq Ft Combined: 1000
  • Total Sq Ft: 1000

Exterior Features

  • Foundation Details: Crawl
  • Construction Materials: Brick
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Source: Well (Existing)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Lakeville

Lot Info

  • List Price per Acre: 19388.0000
  • Lot Size Area: 0.98
  • Lot Dimensions: UNK
  • Parcel Number: 01312000600

Tax Info

  • Tax Amount Summer: 311.0000
  • Tax Amount Winter: 1160.0000
  • Total Tax: 1471.0000

MLS Schools

  • School District: Lakeville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2013
Closed on
Jan 20, 2014
Sold by
Sawmill Holdings Llc
Bought by
Mccradle Michael J and Mccradle M
Seller's Agent
Douglas Ferrell
Realty Executives Main St-Lap
Buyer's Agent
Shelley Braxton
Great Lakes Town & Country Rea
List Price
$89,900
Sold Price
$73,900
Premium/Discount to List
-$16,000
-17.8%
Current Estimated Value
$201,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,913
Avg. Annual Appreciation
9.05%
Original Mortgage
$0
Interest Rate
4.5%
Mortgage Type
New Conventional
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 $73,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $108,000 Unknown
Closed $0 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2014 01/16/14 Sold $73,900 -17.8% $70 / Sq Ft
11/16/2013 11/16/13 Pending -- -- --
09/27/2013 09/27/13 For Sale $89,900 +349.5% $86 / Sq Ft
05/17/2013 05/17/13 Sold $20,000 +5.3% $20 / Sq Ft
05/07/2013 05/07/13 Pending -- -- --
05/05/2013 05/05/13 For Sale $19,000 -- $19 / 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 $617 $89,700 $0 $0
2023 $453 $65,000 $0 $0
2022 $1,173 $61,000 $0 $0
2021 $1,083 $52,400 $0 $0
2020 $1,068 $49,600 $0 $0
2019 $1,086 $47,700 $0 $0
2018 $1,073 $41,700 $41,700 $0
2017 $1,100 $41,700 $0 $0
2016 $389 $39,500 $39,500 $0
2015 -- $0 $0 $0
2014 -- $31,100 $31,100 $0
2013 -- $29,700 $29,700 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Douglas Ferrell

    Realty Executives

    Section Image

  • S

    Buyer's Agent in 2014

    Shelley Braxton

    Great Lakes Town & Country Rea

  • Alex Lengemann

    Seller's Agent in 2013

    Alex Lengemann

    Realty Volution.com

    (810) 969-5732

    2 in this area

    183 Total Sales

    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 213042211

Realcomp

APN: 013-120-006-00

Michigan Lapeer County Otter Lake 48464 Marathon Township

6533 N Lake Rd, Otter Lake, MI

This home is located at 6533 N Lake Rd, Otter Lake, MI 48464 and is currently priced at $20,000, approximately $20 per square foot. This property was built in 1970. 6533 N Lake Rd is a home located in Lapeer County with nearby schools including Columbiaville Elementary School, Otisville Elementary School, and Lakeville 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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