3 months on rocket

5705 Forest Ave, Otter Lake, MI, 48464

$99,000

Home List Price

$1,176*

Closing Credit

3 Bedrooms
1 Full Bath
1,094 SqFt
$90/SqFt
House

Location

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5705 Forest Ave, Otter Lake$99,000

Buyer Closing Credits

$1,176*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingTwoCarGarage, Detached, ElectricityinGarage
Garage2 spaces
Year Built1900
HeatingForced Air, Natural Gas
MLS #20240069985
Lot Size0.11 Acres
StatusActive

About 5705 Forest Ave

Welcome to the village of Otter Lake complete with City beach & Beautiful Otter Lake all within walking distance. Our home features 3 bedrooms, partially remodeled bath (almost finished), large living room, finished & heated front porch adds to the living space. Nice sized kitchen, dining area, large deck and fenced in yard plus 2 gar garage. All this on a corner lot located just down the street from Family Diner & Ice Cream store. Home needs a little work but so much potential. See it today!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1900
  • Living Area: 1,094 SqFt

Listing Office:

  • Office Name: RE/MAX Town & Country
  • Office Phone: (810) 659-6300
  • Listing Agent: Sue Bully

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: TwoCarGarage, Detached, ElectricityinGarage

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: East of Washburn Rd SW corner of Forest and 11th street

Price Information

Listing Price Info

Price Summary:

  • List Price: $99,000
  • Price Per SqFt: $90/SqFt

Tax Information:

  • Annual Amount: $1,082
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Otter Lake, MI.

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Otter Lake, MI

City

Med. Sold Price

$273.5K

Med. Price/SqFt

$150

Avg. Days On Market

8

# of Sold Homes

1

5705 Forest Ave vs Otter Lake

95 DAYS ON ROCKET

+87 Days

$99,000

-$174.5K Less

$90/SqFt

-$60 Less

KEY TAKEAWAY

This property is $174.5K less than the Median Sold Price and $60/SqFt less than other homes in Otter Lake, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240069985

Listing Office:

  • Office Name: RE/MAX Town & Country
  • Office Phone: (810) 659-6300
  • Listing Agent: Sue Bully

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 7:21:07 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 03, 2020Home Sold
$84,800

Tax History

YEARPROP. TAXASSESSMENT
2021$1,082$33,000
2020$1,695$33,600
2019$1,727$24,000
2018$1,727$24,100

History based on county public records data.

Payment Calculator

$562

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$363

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-917601
4
/10

  • Columbiaville Elementary School

  • 4774 Pine St

  • 4.62 miles

  • Public District Grades PK-4

school-card-donut-917602
6
/10

  • Meachum Elementary School

  • 8537 Gleason St

  • 5.80 miles

  • Public District Grades KG-5

school-card-donut-917603
5
/10

  • Siple Elementary School

  • 9286 E Coldwater Rd

  • 9.17 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,860. The majority of Otter Lake, MI residents have income between $35k-100k annually. Residents typically live in married, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5705 Forest Ave

What is the listing price of this property?

The listing price of 5705 Forest Ave property is $99,000.

What type of property is this?

The property 5705 Forest Ave is a house located in Otter Lake, Michigan, 48464.

Is this property for sale now?

Active Listing: 5705 Forest Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,082 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 3, 2020 for $84,800. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5705 Forest Ave has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 5705 Forest Ave is 1,094 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5705 Forest Ave is 1900.

Rocket Homes›Michigan›Lapeer County›Otter Lake›48464›5705 Forest Ave

This home is located at 5705 Forest Ave in Otter Lake, MI and zip code 48464. This 1,094 square foot home, which was built in 1900, sits on a 0.11 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 17, 2024 and is currently priced at $99,000.

In November 2024 more than 1 listings in Otter Lake, MI were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 0 were sold below. The number of listings in Otter Lake, MI decreased by 26.7% between October 2024 and November 2024. The median list price of listings available in November 2024 was $273,500, while the average time on the real estate market was 8 days.

From Rocket Homes Real Estate and based on county public records data.

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