NOT LISTED FOR SALE

8905 Otter Dr Farwell, MI 48622

Estimated Value: $179,163 - $228,000

3 Beds
1 Bath
1,488 Sq Ft
$130/Sq Ft Est. Value

Last Sold December 11, 2020

Last sale price $96,500 $65 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $1,150/month

286 Days on Market

Highlights

  • Waterfront
  • Living Room with Fireplace
  • Detached Garage
  • Wood Burning Stove
  • Ranch Style House
  • Forced Air Heating System

About This Home

As of December 2020

Very roomy lakefront home (1488 sq. ft) on Otter Lake with 65' frontage, large country kitchen with moveable island, two living areas, sun room, 3 bedrooms, 1 bath, detached 2 car garage, large deck towards lakeside, wood stove with natural gas forced air heat, sale does not includes shed, gazebo or window treatments, shown by advance appointment #6769

Last Agent to Sell the Property

Chuck Gaskill

REISS REAL ESTATE INC. License #CGBOR-6506027489 Listed on: 02/28/2020

Co-Listed By

Alan Reiss

REISS REAL ESTATE INC. License #CGBOR-6502123263

Last Buyer's Agent

Non Member Non Member

NONMEMBER License #CGBOR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 60x122.1x63x127.5
  • Waterfront

Parking

  • Detached Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shingle Siding
  • Masonite

Interior Spaces

  • 1,488 Sq Ft Home
  • Wood Burning Stove
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 18-015-440-034-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,497

Lot Details

0

Listing Details

  • Originating MLS: Clare Gladwin Board of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 1166
  • Total Tax Year: 2019
  • Mail City: Farwell
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplaces: LivRoom Fireplace, Wood Stove
  • Bedrooms: 3
  • Bedroom 1: On Main Floor, Dimensions: 10 x 9
  • Bedroom 4: On Main Floor, Dimensions: 15 x 11
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: Dimensions: 7 x 6, On Level: Main
  • Dining Room: On Main Floor, Dimensions: 15 x 7
  • Family Room: On Main Floor, Dimensions: 15 x 15
  • Kitchen: On Main Floor, Dimensions: 15 x 18
  • Laundry: On Main Floor, Dimensions: 6 x 4
  • Living Room: On Main Floor, Dimensions: 22 x 12
  • Other Room1: Dimensions: 11x9, On Level: Main
  • Above Grade Finished Sq Ft: 1488
  • Total Finished Sq Ft: 1488

Exterior Features

  • Exterior: Masonite, Shingle Siding
  • Foundation: Slab
  • Frontage: 63
  • Lake Name: Otter Lake
  • Road: Gravel
  • Waterfront: Yes
  • Frontage Type: Water

Garage/Parking

  • Garage: Detached Garage
  • Parking: 2 Spaces
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Septic
  • Water: Private Well

Lot Info

  • Assessor Parcel Number: 18-015-440-034-00
  • Lot Dimensions: 60x122.1x63x127.5
  • Acreage: 0.2
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $474.32
  • Winter Tax: Amount: $692.15
  • Taxable Value: 44300
  • Total Tax: Year: 2019, Amount: $1,166.00

MLS Schools

  • School District: Farwell Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2012
Closed on
May 8, 2013
Sold by
Colleen Spurgis
Bought by
Timothy Dory W
Seller's Agent
Brent Duffett
PEYTON PROPERTIES, LLC
Buyer's Agent
MEMBER NON
NON MEMBER
List Price
$64,900
Sold Price
$61,500
Premium/Discount to List
-$3,400
-5.24%
Current Estimated Value
$193,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,291
Avg. Annual Appreciation
9.64%
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
Timothy Dory W $61,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/11/2020 12/11/20 Sold $96,500 -11.5% $65 / Sq Ft
12/10/2020 12/10/20 Pending -- -- --
02/28/2020 02/28/20 For Sale $109,000 +77.2% $73 / Sq Ft
05/08/2013 05/08/13 Sold $61,500 -5.2% $39 / Sq Ft View Prior Sale
05/06/2013 05/06/13 Pending -- -- --
08/06/2012 08/06/12 For Sale $64,900 -- $41 / Sq Ft
Source: Clare Gladwin Board 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 $1,497 $82,186 $14,175 $68,011
2024 $573 $75,386 $12,600 $62,786
2023 $521 $63,340 $12,285 $51,055
2022 $2,521 $50,598 $12,285 $38,313
2021 $2,164 $47,200 $0 $0
2020 $1,272 $47,300 $0 $0
2019 $1,166 $47,800 $0 $0
2018 $1,096 $44,600 $0 $0
2017 $455 $44,900 $0 $0
2016 $451 $42,154 $0 $0
2015 -- $44,122 $0 $0
2014 -- $43,345 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Chuck Gaskill

    REISS REAL ESTATE INC.

    (989) 387-1275

    159 Total Sales

    Chuck Gaskill
    Section Image

  • A

    Seller Co-Listing Agent in 2020

    Alan Reiss

    REISS REAL ESTATE INC.

    (989) 387-1409

    172 Total Sales

    Alan Reiss
    Section Image

  • N

    Buyer's Agent in 2020

    Non Member Non Member

    NONMEMBER

  • B

    Seller's Agent in 2013

    Brent Duffett

    PEYTON PROPERTIES, LLC

    Section Image

  • M

    Buyer's Agent in 2013

    MEMBER NON

    NON MEMBER

See All Agents

Map

Source: Clare Gladwin Board of REALTORS®

MLS Number: 41027329

Clare Gladwin Board of REALTORS®

APN: 015-440-034-00

Michigan Clare County Farwell 48622

8905 Otter Dr, Farwell, MI

This home is located at 8905 Otter Dr, Farwell, MI 48622 since 28 February 2020 and is currently estimated at $193,791, approximately $130 per square foot. 8905 Otter Dr is a home located in Clare County with nearby schools including Farwell High 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.

Clare Gladwin Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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