5485 Otter Lake Rd
Marathon Township, MI 48464
3 bd 2 ba 1,248 sqft Built 1974 Lot 118,048 sqft single_family
Most recent sale
$127,000
Sep 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 10, 2022 | Sold | $127,000 | Realcomp |
| Sep 12, 2022 | Sold | $127,000 | Public Record |
| Aug 1, 2022 | Price changed | $127,900 | MLS #20221004628 |
| Jun 14, 2022 | Listed | $139,900 | MLS #20221004628 |
| Jul 11, 2013 | Sold | $22,500 | Public Record |
| Jun 14, 2013 | Listing removed | $29,900 | Realcomp |
| May 22, 2013 | Price changed | $29,900 | MLS #213031301 |
| Apr 4, 2013 | Listed | $39,900 | MLS #213031301 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $68,100 | $426 |
| 2020 | — | — | $59,700 | $1,867 |
| 2019 | — | — | $54,600 | $415 |
| 2017 | — | — | $48,800 | $1,850 |
| 2016 | — | — | $46,300 | $1,868 |
| 2015 | — | — | $46,600 | $1,791 |
| 2014 | — | — | $39,300 | $1,773 |
| 2013 | — | — | $39,200 | $1,779 |
| 2012 | — | — | $39,900 | $1,052 |
| 2011 | — | — | $44,100 | $1,107 |
| 2010 | — | — | $49,500 | $1,212 |
| 2009 | — | — | $53,700 | $1,201 |
| 2008 | — | — | $64,600 | $475 |
Property facts
Year built
1974
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,248 sqft
Lot size
118,048 sqft
ZIP code
48464
City
Marathon Township
Street
Otter Lake Rd
Coordinates
43.21563, -83.44936
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$762
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 5485 Otter Lake Rd last sell?
5485 Otter Lake Rd most recently sold on Sep 12, 2022 for $127,000.
What is the current tax assessment for 5485 Otter Lake Rd?
The most recent total assessment for 5485 Otter Lake Rd (year 2021) is $68,100 with $426 in property tax.
How does 5485 Otter Lake Rd's assessment compare to its last sale price?
The current assessment is 46.4% below the last sale price of $127,000.
When was 5485 Otter Lake Rd built?
5485 Otter Lake Rd was built in 1974.
How does 5485 Otter Lake Rd compare to others on Otter Lake Rd?
We track 8 other properties on Otter Lake Rd. Browse the list under "Other properties on Otter Lake Rd" to compare beds, baths, and sale history.
What are the property facts for 5485 Otter Lake Rd?
5485 Otter Lake Rd is a 3 bed, 2 bath, 1,248 sqft, 118,048 sqft lot single_family.
Is 5485 Otter Lake Rd a flip candidate?
No — 5485 Otter Lake Rd does not appear in our flips dataset.
Is 5485 Otter Lake Rd a tax-appeal candidate?
No — 5485 Otter Lake Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+5.6%
Implied 1-yr
+22.3%
2025 Q3
$376.4K
2025 Q4
$391.8K
ZIP 48464 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Otter Lake Rd