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6847 Lake Rd

Otter Lake, MI 48464

3 bd 2 ba 1,800 sqft Built 1981 Lot 348,480 sqft single_family
Most recent sale
$269,000
Oct 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 17, 2022 Sold $269,000 Public Record
Oct 14, 2022 Sold $269,000 MLS #50076890
Jun 3, 2022 Listed $275,000 MLS #50076890

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $72,000 $433
2020 $63,700 $1,100
2019 $58,900 $422
2017 $54,000 $1,132
2016 $50,400 $1,156
2015 $51,600 $1,080
2014 $48,900 $1,074
2013 $39,300 $1,069
2012 $42,500 $1,117
2011 $47,700 $1,193
2010 $51,300 $1,254
2009 $60,500 $1,310
2008 $52,600 $520

Property facts

Year built
1981
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,800 sqft
Lot size
348,480 sqft
ZIP code
48464
City
Otter Lake
Street
Lake Rd
Coordinates
43.22922, -83.43798

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,700
Gross rental yield
12.04%
Implied cap rate
7.83%
Trend-extrapolated value

Frequently asked questions

When did 6847 Lake Rd last sell?
6847 Lake Rd most recently sold on Oct 14, 2022 for $269,000.
What is the current tax assessment for 6847 Lake Rd?
The most recent total assessment for 6847 Lake Rd (year 2021) is $72,000 with $433 in property tax.
How does 6847 Lake Rd's assessment compare to its last sale price?
The current assessment is 73.2% below the last sale price of $269,000.
When was 6847 Lake Rd built?
6847 Lake Rd was built in 1981.
How does 6847 Lake Rd compare to others on Lake Rd?
We track 8 other properties on Lake Rd. Browse the list under "Other properties on Lake Rd" to compare beds, baths, and sale history.
What are the property facts for 6847 Lake Rd?
6847 Lake Rd is a 3 bed, 2 bath, 1,800 sqft, 348,480 sqft lot single_family.
Is 6847 Lake Rd a flip candidate?
No — 6847 Lake Rd does not appear in our flips dataset.
Is 6847 Lake Rd a tax-appeal candidate?
No — 6847 Lake Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+5.6%
Implied 1-yr
+22.3%
2025 Q3
$376.4K
2025 Q4
$391.8K
ZIP 48464 — Median Price History + Forecast

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