NOT LISTED FOR SALE

7790 S Potawatomi Unit 48 Newaygo, MI 49337

Estimated Value: $381,000 - $1,220,552

0.9 Acre
$889,751 Price per Acre
39,204 Sq Ft Lot

Last Sold August 16, 2018

Last sale price $106,000

Est. 655% increase in value since last sale

Current estimated payment $5,524/month

60 Days on Market

Highlights

  • Private Waterfront
  • Beach
  • Clubhouse
  • Ski Accessible
  • Community Boat Launch
  • Wooded Lot

About This Lot

As of August 2018

The new waterfront community of Ottawa Pointe is quickly becoming one of the most premier developments on the water in the area. With mature wooded lots, rolling hills, community garden, boardwalk and some of the most beautiful scenery around, every custom home adds to the landscape and beauty of what we are creating. Ottawa Pointe is located just 40 minutes from Grand Rapids on the beautiful 177 acre Pettit Lake. This stunning development features over 100 acres of open space with miles of trails. There are 60 home sites, 41 waterfront, 19 non-waterfront. Non-waterfront properties will have the opportunity to have a dock at the community dock area. Prices range from 39,900-59,900 on the non-waterfront lots and 69,900-149,900 on the waterfront. Listing agent is seller

Last Agent to Sell the Property

Chris Ortwein

Lake & Land Realty LLC License #6502350777 Listed on: 05/21/2018

Co-Listed By

Kimberly Edwards

Lake & Land Realty LLC License #6501389455

Last Buyer's Agent

Chris Ortwein

Lake & Land Realty LLC License #6502350777 Listed on: 05/21/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,000

Lot Details

  • 0.9 Acre Lot
  • Lot Dimensions are 100x205x140
  • Private Waterfront
  • 100 Feet of Waterfront
  • Cul-De-Sac
  • Lot Has A Rolling Slope
  • Wooded Lot

HOA Fees

  • $42 Monthly HOA Fees

Location

  • Mineral Rights Excluded

Utilities

  • High Speed Internet
  • Phone Available

Community Details

Overview

  • Association fees include snow removal

Amenities

  • Clubhouse
  • Meeting Room
  • Community Storage Space

Recreation

  • Community Boat Launch
  • Beach
  • Baseball Field
  • Recreational Area
  • Water Sports
  • Ski Accessible
  • Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$1,000

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Sub-Type: Lot
  • Property Type: Land
  • ResoPropertyType: Land
  • General Property Info:Lot Dimensions: 100x205x140
  • General Property Info:Waterfront3: Yes
  • Tax Info:Annual Property Tax: 1000.0
  • Tax Info:Zoning3: RES
  • Waterfront Options:Water Access YN: Yes
  • Lot Description:Wooded: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • General Property Info:Property Sub-Type2: Lot
  • Lot Description:Cul-De-Sac: Yes
  • Util Avail at Street:Telephone: Yes
  • Waterfront Options:Water Frontage3: 100.0
  • Util Avail at Street:Broadband: Yes
  • Lot Description:Rolling Hills: Yes
  • Mineral Rights:No: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 114900.0
  • Lot Features: Buildable, Cul-De-Sac, Recreational, Site Condo, Wooded
  • Road Surface Type: Paved
  • Topography: {"Rolling Hills":true}
  • Water Body Name: Pettit Lake
  • Waterfront Features: All Sports, Private Frontage
  • Waterfront: Yes

Condo/Co-op/Association

  • Association Fee: 250.0
  • Association Fee Frequency: Semi Annual
  • Association: Yes

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Association Info:Approx Assoc Fee2: 250.0
  • Water Fea Amenities:Private Frontage: Yes
  • Association Info:Assoc Fee Payable: Semi Annual
  • Assoc Amenities:Pets Allowed2: Yes
  • Assoc Amenities:Club House: Yes
  • Assoc Amenities:Storage: Yes
  • Assoc Amenities:Baseball Diamond: Yes
  • Assoc Amenities:Beach Area: Yes
  • Assoc Amenities:Meeting Room: Yes
  • Assoc Amenities:Boat Launch: Yes
  • Assoc Amenities:Skiing: Yes

Fee Information

  • Association Fee Includes: Snow Removal

Lot Info

  • Lot Size Acres: 0.9
  • Lot Size Area: 0.9
  • Lot Size Sq Ft: 39204.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1000.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2018
Closed on
Aug 16, 2018
Sold by
Pettit Lake Dev Llc
Bought by
Sims Peter and Sims Janette M
Seller's Agent
Chris Ortwein
Lake & Land Realty LLC
Buyer's Agent
Chris Ortwein
Lake & Land Realty LLC
List Price
$99,900
Sold Price
$106,000
Premium/Discount to List
$6,100
6.11%
Current Estimated Value
$800,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$694,776
Avg. Annual Appreciation
31.84%
Original Mortgage
$95,400
Outstanding Balance
$83,023
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$677,606
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 Buyer Sale Price Title Company
Sims Peter -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sims Peter $95,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2018 08/16/18 Sold $106,000 +6.1% --
07/20/2018 07/20/18 Pending -- -- --
05/21/2018 05/21/18 For Sale $99,900 -- --
Source: Southwestern Michigan Association of REALTORS®

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
2025 $14,841 $708,700 $0 $0
2024 $85 $625,000 $0 $0
2023 $8,157 $583,100 $0 $0
2022 $13,725 $501,000 $0 $0
2021 $12,672 $276,500 $0 $0
2020 $2,387 $50,800 $0 $0
2019 $2,409 $50,500 $0 $0
2018 $603 $50,500 $0 $0
2017 $586 $50,500 $0 $0
2016 $581 $50,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Ortwein

    Seller's Agent in 2018

    Chris Ortwein

    Lake & Land Realty LLC

    (616) 863-9935

    43 Total Sales

    Chris Ortwein
    Section Image

  • K

    Seller Co-Listing Agent in 2018

    Kimberly Edwards

    Lake & Land Realty LLC

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18022218

Southwestern Michigan Association of REALTORS®

APN: 19-24-476-048

Michigan Newaygo County Newaygo 49337

7790 S Potawatomi Unit 48, Newaygo, MI

This home is located at 7790 S Potawatomi Unit 48, Newaygo, MI 49337 since 21 May 2018 and is currently estimated at $800,776. 7790 S Potawatomi Unit 48 is a home located in Newaygo County with nearby schools including Newaygo Elementary School, Vera Wilsie Elementary School, and Newaygo 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.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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