Sold
1348 Lakewood Lane, Otsego, MI 49078
Sold on 09/30/2024 for$560,000
MLS # 24035928 (Michigan Regional Information Center (MichRIC))
3 beds3 baths3,272 sqftBuilt 19685.8 acres
1 / 70
Listing Description
Rare opportunity to own almost 6ac on a very quiet Wetheral Lake. Mature trees surround the 3 bedroom 3 full bath home with partially insulated pole barn which is 28x40. Spend your evenings on the deck or 3 seasons room which both over look the luminescent water of the lake shimmered in the moonlight.
Source: SparkMLS
About this home
Located in Watson Township in Otsego, this property offers 3-bedroom, 3-bath, 3,272 sq ft, with original construction dating to 1968.
Closed at $560,000 (about $171/sq ft).
Estimated annual property tax: $2,708, or about $226 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Fiber internet is available at this address with download speeds up to 6,000 Mbps across 6 providers. Electric service is provided by Great Lakes Energy Cooperative; natural gas by Michigan Gas Utilities Corporation.
Tour
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms3
Living Area3,272 sqft
Lot Size5.8 acres
Year Built1968
Stories2
Location
CityOtsego
MunicipalityWatson Twp
Zip Code49078
CountyAllegan
School DistrictMartin Public Schools
Construction & Systems
StyleTraditional
ConstructionStone, Vinyl Siding
BasementWalk-Out Access
Garage2 spaces
HeatingForced Air
WaterWell
SewerSeptic Tank
Sale & Financing
Listed7/12/2024
Sold Date9/29/2024
Terms AcceptedCash, FHA, Conventional
Source: SparkMLS
Tax Information
Annual Tax$2,708
Tax Year2023
Assessed Value$90,185
Parcel #23-024-012-00
Source: SparkMLS
Legal Description
See attached survey parcel and description A in the survey.
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Brian Kuperus
Kuperus Real Estate, LLC
Frequently Asked Questions about 1348 Lakewood Lane, Otsego, MI 49078
What school district is 1348 Lakewood Lane, Otsego, MI 49078 in?
Per MLS# 24035928, this property is served by Martin Public Schools. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 1348 Lakewood Lane, Otsego, MI 49078?
Per MLS# 24035928, the seller has indicated this property accepts the following financing types: Cash, FHA, Conventional. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 24035928, the most recent reported annual property tax for 1348 Lakewood Lane, Otsego, MI 49078 is $2,708 (2023). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 1348 Lakewood Lane, Otsego, MI 49078 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 1348 Lakewood Lane, Otsego, MI 49078 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Is fiber internet available at 1348 Lakewood Lane, Otsego, MI 49078?
Per FCC broadband data, this property has access to fiber internet service. The maximum advertised download speed is 6.0 Gbps. 6 internet providers serve this address. Confirm availability and speeds directly with providers.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Great Lakes Energy Cooperative. Gas: Michigan Gas Utilities Corporation. Sewer: Septic Tank. Water: Well. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the Watson Twp police department or the Allegan County sheriff's office.
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Mortgage Calculator
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Monthly payment$3,885
Principal & interest$3,885
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
6 Gbps
Upload
6 Gbps
FiberLicensed Fixed WirelessGSO SatelliteUnlicensed Fixed WirelessSatellite
6 providers at this address
123.NET IncFiber
6 GbpsVerizonLicensed Fixed Wireless
300 MbpsStarlinkGSO Satellite
280 MbpsMercury FiberUnlicensed Fixed Wireless
150 MbpsViasat IncSatellite
100 MbpsHughesNetSatellite
50 MbpsFCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
Great Lakes Energy Cooperative
Co-op
Michigan Gas Utilities Corporation
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
1348 Lakewood Lane, Otsego, MI 49078
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Municipality
Watson Township
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