Sold
5795 HEMINGWAY LAKE Road, Otter Lake, MI 48464
Sold on 12/17/2024 for$132,000
MLS # 20240082545 (Realcomp)
2 beds1 bath1,152 sqftBuilt 19000.25 acres
1 / 27
Listing Description
"UpNorth" Small Beach Town feel without the LONG DRIVE! Introducing this charming gem, hitting the market for the first time! With its distinctive Gambrel roof, this cozy 2/3-bedroom home exudes the inviting essence of a mini barndominium. It's the perfect blend of comfort and character, radiating the warmth of a beloved family dwelling. Recent updates over the past 5-7 years include a new roof, low profile shower, heating, central air, and a whole house generator, ensuring peace of mind. The garage has been thoughtfully transformed into a fully insulated, heated space complete with a window air unit, ceiling fans, and a convenient half bath. This home is move-in ready, just waiting for your personal touch to make it truly yours! This can be your primary residence or a summer getaway in a small beach town. Near an entrance to the Southern Links Trailway and only blocks from the beach.
Source: SparkMLS
About this home
This 2-bedroom, 1-bath, 1,152 sq ft home built in 1900 sits in Otter Lake Village in Otter Lake.
Final sale price: $132,000 (about $115/sq ft).
Estimated annual property tax: $1,803, or about $150 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Tour
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms2
Bathrooms1
Living Area1,152 sqft
Lot Size0.25 acres
Year Built1900
Stories2
Location
CityOtter Lake
MunicipalityOtter Lake Vlg
Zip Code48464
CountyLapeer
School DistrictLakeville
Construction & Systems
ConstructionWood Siding
BasementMichigan Basement
Garage2 spaces
HeatingForced Air
WaterWell
InteriorGenerator
Sale & Financing
Listed10/30/2024
Sold Date12/16/2024
Terms AcceptedCash, Conventional, FHA
Source: SparkMLS
Tax Information
Annual Tax$1,803
Parcel #04763702700
Source: SparkMLS
Legal Description
13 81 300 000 00 SEC 7 T9N R9E VILLAGE OF OTTER LAKE COM 23 RDS 10 FT W OF NE COR OF NW 1/4 OF SE FRL 1/4, TH S 8 RDS, TH W 5 RDS, TH N 8 RDS, TH E 5 RDS TO BEG.
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 Christina McKnight
Blue Heron Realty
Frequently Asked Questions about 5795 HEMINGWAY LAKE Road, Otter Lake, MI 48464
What school district is 5795 HEMINGWAY LAKE Road, Otter Lake, MI 48464 in?
Per MLS# 20240082545, this property is served by Lakeville. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 20240082545, the seller has indicated this property accepts the following financing types: Cash, Conventional, FHA. 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# 20240082545, the most recent reported annual property tax for 5795 HEMINGWAY LAKE Road, Otter Lake, MI 48464 is $1,803. 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 5795 HEMINGWAY LAKE Road, Otter Lake, MI 48464 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, 5795 HEMINGWAY LAKE Road, Otter Lake, MI 48464 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.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. 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 Otter Lake Vlg police department or the Lapeer County sheriff's office.
Map
Mortgage Calculator
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Monthly payment$876
Principal & interest$876
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
5795 HEMINGWAY LAKE Road, Otter Lake, MI 48464
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Municipality
Otter Lake Village
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