NOT LISTED FOR SALE

6555 Sherman Dr Otter Lake, MI 48464

Estimated Value: $297,000 - $343,649

3 Beds
2 Baths
1,510 Sq Ft
$213/Sq Ft Est. Value

Last Sold December 04, 2023

Last sale price $300,000 $199 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,128/month

3 Days on Market

Highlights

  • Beach Front
  • Deck
  • Furnished
  • Dock Facilities
  • Jetted Tub in Primary Bathroom
  • Ground Level Unit

About This Home

As of December 2023

Fun-derful turn key cottage on clear,clean and deep spring fed Otter Lake. Boating, swimming, fishing- it is all here outside your back door and only a short drive from Metro area. Seller is leaving all furnishings and household items for the new owners. This will also include all the water toys, aluminum roll in dock, paddle boat and kayaks. Just bring the groceries and key and you are ready to relax. The home has been totally rebuilt in recent years and will offer years of carefree enjoyment. An immense wrap around covered deck/porch (744 sq. ft.) allows shaded comfort and a wonderful view of sunsets. schedule your viewing today.

Last Agent to Sell the Property

Bruce Huber

Real Estate One Gardner & Assoc License #6501100822 Listed on: 11/17/2023

Real Estate One Gardner & Assoc

Last Buyer's Agent

Carlos Leon

Sine & Monaghan, LLC License #6501443100

Sine & Monaghan, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1910 | Remodeled in 2011

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 50x57x50x70
  • Beach Front
  • 50 Feet of Waterfront
  • Lake Front
  • Street terminates at a dead end

Home Design

  • Cottage
  • Bungalow
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,510 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Water Views
  • Security System Owned

Kitchen

  • Built-In Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Interior Basement Entry
  • Crawl Space

Outdoor Features

  • Dock Facilities
  • Deck
  • Covered patio or porch
  • Exterior Lighting
  • Shed

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Water Softener is Owned
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 04768300100
  • $1,800 Seller Concession

Community Details

Recreation

  • Water Sports

Additional Features

  • No Home Owners Association
  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,495

Year Built

Built in 1910 | Remodeled in 2011

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow, Cottage
  • Architecture Level: 2 Story
  • Year Built: 1910
  • State Equalized Value: 172500.0000
  • Year Renovated: 2011
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Smoke Alarm, Cable Available, Circuit Breakers, Jetted Tub, Security Alarm (owned), Water Softener (owned), Furnished - Yes
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Living Room
  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Interior Entry (Interior Access), Walkout Access
  • Kitchen Appliances: Built-In Electric Oven, Dishwasher, Dryer, Electric Cooktop, Microwave, Washer
  • Sq Ft Combined: 1510
  • Total Sq Ft: 1510
  • Sq Ft Total Bsmt: 700

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Otter Lake
  • Waterfront: Yes
  • Foundation Details: Crawl, Michigan Basement
  • Construction Materials: Vinyl
  • Exterior Features: Lighting
  • Frontage Feet: 50
  • Porch Type: Porch - Covered, Deck, Porch
  • Road Frontage Type: Gravel
  • Sideof Street: W
  • Water Frontage Feet: 50.00
  • Waterfront Description: Beach Front, Direct Water Frontage, Lake Front

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Electric
  • Water Source: Well (Existing)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Lakeville

Lot Info

  • Lot Features: Dead End Street, Vacation Home, Water View
  • Lot Size Area: 0.07
  • Lot Dimensions: 50x57x50x70
  • Parcel Number: 04768300100
  • Soil Type: Sandy loam

Tax Info

  • Tax Amount Summer: 3770.0000
  • Tax Amount Winter: 3725.0000
  • Total Tax: 7495.0000
  • Taxable Value: 117200.0000

Multi Family

  • Waterfront Features: All Sports Lake, Dock Facilities, DIRFRT

MLS Schools

  • School District: Lakeville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2024
Sold by
Jacques Laureen Lee and Jacques Ronald Lee
Bought by
Laurie Jacques Revocable Living Trust and Jacques
Total Days on Market
3
Current Estimated Value
$321,662

Purchase Details

Listed on
Nov 17, 2023
Closed on
Dec 1, 2023
Sold by
Walko Ronald D and Walko Wendy K
Bought by
Jacques Laureen Lee and Jacques Ronald Lee
Seller's Agent
Bruce Huber
Real Estate One Gardner & Assoc
Buyer's Agent
Carlos Leon
Sine & Monaghan, LLC
List Price
$299,000
Sold Price
$300,000
Premium/Discount to List
$1,000
0.33%
Views
56

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.79%

Purchase Details

Listed on
Dec 10, 2015
Closed on
Jul 18, 2016
Sold by
Sosinski Maria L
Bought by
Walko Ronald D and Walko Wendy K
Seller's Agent
Gary Hobson
REMAX Edge
List Price
$202,900
Sold Price
$195,000
Premium/Discount to List
-$7,900
-3.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.89%
Original Mortgage
$156,000
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 14, 2015
Closed on
Aug 11, 2015
Sold by
Taylor Jack and Taylor Christine S
Bought by
Sosinski Maria L
Seller's Agent
Gary Hobson
REMAX Edge
List Price
$197,000
Sold Price
$190,200
Premium/Discount to List
-$6,800
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.81%
Original Mortgage
$186,755
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2006
Sold by
Chittle Scott C
Bought by
Taylor Jack and Sanden Christine

Purchase Details

Closed on
Sep 21, 2001
Sold by
Petherbridge Raymond E
Bought by
Chittle Scott C

Purchase Details

Closed on
Dec 31, 1997
Sold by
Gundlach Theordor and Gundlach Barbara
Bought by
Petherbridge Raymond E
Source: Public Records

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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

Purchase History

Date Buyer Sale Price Title Company
Laurie Jacques Revocable Living Trust -- --
Jacques Laureen Lee $300,000 None Listed On Document
Walko Ronald D $195,000 --
Sosinski Maria L $190,200 --
Taylor Jack $150,000 --
Chittle Scott C $140,000 --
Petherbridge Raymond E $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Walko Ronald D $156,000
Previous Owner Sosinski Maria L $186,755
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2023 12/04/23 Sold $300,000 +0.3% $199 / Sq Ft
11/20/2023 11/20/23 Pending -- -- --
11/17/2023 11/17/23 For Sale $299,000 +53.3% $198 / Sq Ft
05/26/2016 05/26/16 Sold $195,000 -2.0% $107 / Sq Ft
04/17/2016 04/17/16 Pending -- -- --
03/29/2016 03/29/16 Price Changed $199,000 -1.9% $109 / Sq Ft
12/09/2015 12/09/15 For Sale $202,900 +6.7% $111 / Sq Ft
07/02/2015 07/02/15 Sold $190,200 -3.5% $104 / Sq Ft
04/23/2015 04/23/15 Pending -- -- --
01/13/2015 01/13/15 For Sale $197,000 -- $108 / 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 $5,057 $182,500 $0 $0
2023 $1,139 $172,500 $0 $0
2022 $4,811 $134,700 $0 $0
2021 $5,969 $137,900 $0 $0
2020 $5,899 $139,100 $0 $0
2019 $2,054 $106,400 $0 $0
2018 $5,785 $102,300 $102,300 $0
2017 $4,438 $100,000 $0 $0
2016 $797 $80,800 $80,800 $0
2015 -- $0 $0 $0
2014 -- $75,100 $75,100 $0
2013 -- $72,700 $72,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230098079

Realcomp

APN: 047-683-001-00