NOT LISTED FOR SALE

8939 Otter Dr Farwell, MI 48622

Estimated Value: $81,309 - $95,000

2 Beds
1 Bath
824 Sq Ft
$110/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $62,900 $76 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $527/month

66 Days on Market

Highlights

  • Lake Front
  • Saltbox Architecture
  • Forced Air Heating System

About This Home

As of October 2021

Cute home ready to move right into, or possibly used as an investment. Access to Otter lake right down the street. Located on 2 lots, there's potential to add on or build a garage. "office" listed is a loft area that could possibly be used as a bedroom.

Last Agent to Sell the Property

Brent Duffett

PEYTON PROPERTIES, LLC License #CGBOR-6501299166 Listed on: 08/02/2021

Last Buyer's Agent

Brent Duffett

PEYTON PROPERTIES, LLC License #CGBOR-6501299166 Listed on: 08/02/2021

Home Details

Home Type

  • Single Family

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 120x120
  • Lake Front

Home Design

  • Saltbox Architecture
  • Vinyl Siding

Interior Spaces

  • 824 Sq Ft Home
  • 1.5-Story Property
  • Crawl Space
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Access To Lake

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater
  • Septic Tank

Community Details

  • Otter Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 015 440 030/031 00

Home Details

Home Type

Single Family

Lot Details

0.33 Acres

Listing Details

  • Originating MLS: Clare Gladwin Board of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Saltbox
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 1034.72
  • Mail City: Farwell
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2
  • Bedroom 1: On Main Floor, Dimensions: 13 x 7
  • Bedroom 2: On Main Floor, Dimensions: 9 x 7
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: Dimensions: 8 x 5, On Level: Main
  • Kitchen: On Main Floor, Dimensions: 15 x 9
  • Laundry: On Main Floor, Dimensions: 8 x 8
  • Living Room: On Main Floor, Dimensions: 15 x 10
  • Other Room1: Dimensions: 15x8
  • Above Grade Finished Sq Ft: 824
  • Total Finished Sq Ft: 824

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Crawl
  • Frontage: 120
  • Lake Name: otter lake
  • Road: Country, Gravel
  • Water Features: Lake/River Access, No Wake Lake
  • Frontage Type: Road

Garage/Parking

  • Garage: No

Utilities

  • Heating: Wall Heat, Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Septic
  • Water: Private Well
  • Water Heater: Electric

Lot Info

  • Assessor Parcel Number: 015 440 030/031 00
  • Lot Dimensions: 120x120
  • Acreage: 0.33
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2021, Amount: $223.63
  • Winter Tax: Year: 2020, Amount: $811.09
  • Total Tax: Amount: $1,034.72

MLS Schools

  • School District: Farwell Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2021
Closed on
Oct 8, 2021
Sold by
Root Blain L
Bought by
Baker Tracie
Seller's Agent
Brent Duffett
PEYTON PROPERTIES, LLC
Buyer's Agent
Brent Duffett
PEYTON PROPERTIES, LLC
List Price
$62,900
Sold Price
$62,900
Current Estimated Value
$90,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,427
Avg. Annual Appreciation
8.65%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Baker Tracie $62,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/08/2021 10/08/21 Sold $62,900 0.0% $76 / Sq Ft
08/02/2021 08/02/21 For Sale $62,900 +70.0% $76 / Sq Ft
12/09/2015 12/09/15 Sold $37,000 -23.7% $48 / Sq Ft View Prior Sale
12/04/2015 12/04/15 Pending -- -- --
12/29/2014 12/29/14 For Sale $48,500 -- $63 / Sq Ft
Source: Clare Gladwin Board of REALTORS®

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 $731 $33,880 $1,825 $32,055
2024 $703 $31,997 $3,000 $28,997
2023 $224 $26,910 $2,893 $24,017
2022 $765 $20,916 $2,893 $18,023
2021 $599 $19,400 $0 $0
2020 $917 $19,600 $0 $0
2019 $867 $19,900 $0 $0
2018 $816 $18,500 $0 $0
2017 $182 $18,600 $0 $0
2016 $182 $16,973 $0 $0
2015 -- $16,687 $0 $0
2014 -- $16,192 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Clare Gladwin Board of REALTORS®

MLS Number: 50050406

Clare Gladwin Board of REALTORS®

APN: 015-440-031-00

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