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Sold for $820,000
  • $820,000

    1196 Otter Ave, Waterford, MI 48328

    4beds
    4,828sqft
    Single Family Residence
    Built in 1979
    0.34 Acres Lot
    $1,142,000 Zestimate®
    $170/sqft
    $4,137 Estimated rent

    Home value

    $1,142,000

    $1.00M - $1.32M

    $4,137/mo

    Zestimate® history
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    What's special

    Direct water frontageGourmet kitchenPowder roomEnormous closetHuge bonus roomBreathtaking viewsOffice space
    DIRECT WATER FRONTAGE UNDER $200/SQUARE FOOT-ALL SPORTS SYLVAN/OTTER LAKE. Welcome to your lakeside staycation! This stunning home, situated in close proximity to downtown Sylvan Lake and the West Bloomfield/Clinton River Trail, offers an unparalleled combination of elegance, comfort, and breathtaking views. With its prime location and four spacious bedrooms, this property is the epitome of lakeside luxury living. The brand new roof with a transferable warranty adds an extra layer of peace of mind. Step through the front door and be captivated by the open floorplan adorned with gorgeous limestone floors. The living room, with its bamboo ceilings, exudes natural elegance and uniqueness, leaving you in awe. The gourmet kitchen is a chef's dream, equipped with stainless steel appliances, double oven, granite countertops, and ample cabinet space. Towards the back of the home, you'll find an attached sunroom/greenhouse, creating a serene space to relax and enjoy the surrounding beauty. Adjacent to the attached garage, there's a lakeview workshop that will delight hobbyists and craftsmen. The first floor features a powder room for convenience, as well as a room that houses a Temazcal Spa, offering a unique and rejuvenating experience. Venture upstairs, and you'll discover a huge bonus room (21x15) with soundproof walls, providing limitless possibilities for its use. Additionally, the primary suite features an office space (9x13) and an enormous closet (10x15) that could easily be converted into a fifth bedroom, if desired. As you walk into the backyard, you'll be greeted by gorgeous views of Otter/Sylvan Lake, creating a picturesque backdrop for your outdoor gatherings. The spacious patio is perfect for entertaining, and the huge lot provides plenty of room for various outdoor activities. Don't miss the opportunity to own this lakeside gem, where elegance, comfort, and breathtaking views come together in perfect harmony.

    Zillow last checked:

    Listing updated:

    Listed by:

    Erica Wood 248-342-7466,

    RE/MAX Eclipse

    Bought with:

    Emily Henderson, 6501445363

    Keller Williams Metro

    Source: Realcomp II,MLS#: 20230032247MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Double Oven, Dryer, Free Standing Refrigerator, Gas Cooktop, Washer, Wine Refrigerator
    • Laundry: Laundry Room
    Features
    • Jetted Tub, Other
    • Has basement: No
    • Has fireplace: Yes
    • Fireplace features: Family Room, Gas
    Interior area
    • Total interior livable area: 4,828 sqft
    • Finished area above ground: 4,828

    Property

    Parking
    • Total spaces: 2
    • Parking features: Two Car Garage, Attached
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: GroundLevelwSteps
    • Patio & porch: Patio, Porch
    • Pool features: None
    • On waterfront: Yes
    • Waterfront features: All Sports Lake, Direct Water Frontage, Waterfront
    • Body of water: OTTER/SYLVAN
    Lot
    • Size: 0.34 Acres
    • Dimensions: 91.4 x 152.00
    Details
    • Additional structures: Sheds
    • Parcel number: 1335432016
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Single Family Residence
    Materials
    • Brick, Other
    • Foundation: Crawl Space
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1979
    • Major remodel year: 2004

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: MEYERING LAND CO'S CASS-SYLVAN LAKE COM
    HOA
    • Has HOA: No
    Location
    • Region: Waterford

    Financial & listing details

    • Price per square foot: $170/sqft
    • Tax assessed value: $215,230
    • Annual tax amount: $7,805
    • Date on market: 6/3/2023
    • Cumulative days on market: 171 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    1/16/2024Sold$820,000-3.5%$170/sqft
    Source: Realcomp II #20230032247 Report a problem
    12/31/2023Pending sale$849,900$176/sqft
    Source: Realcomp II #20230032247 Report a problem
    11/16/2023Contingent$849,900$176/sqft
    Source: Realcomp II #20230032247 Report a problem
    10/26/2023Price change$849,900-8.1%$176/sqft
    Source: Realcomp II #20230032247 Report a problem
    9/25/2023Price change$924,900-5.1%$192/sqft
    Source: Realcomp II #20230032247 Report a problem
    6/3/2023Listed for sale$974,900+387.4%$202/sqft
    Source: Realcomp II #20230032247 Report a problem
    5/20/1996Sold$200,000$41/sqft
    Source: MiRealSource #688113 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,049 +10.3%$498,160 +8.1%
    2024$8,203 +5.1%$460,750 +33.3%
    2023$7,805 +5.5%$345,560 +2.5%
    2022$7,401 +0.1%$337,000 +2.4%
    2021$7,393 $328,950 +9%
    2020-- $301,880 +28.7%
    2019$7,238 +10.2%$234,500 -17.8%
    2018$6,571 $285,210
    2017-- $285,210 +8.9%
    2016-- $261,990 -0.1%
    2015-- $262,310 +1.3%
    2014-- $259,060 +44.6%
    2011-- $179,200 -11.3%
    2010$6,431 -7.4%$202,050 -22.9%
    2009$6,948 $261,940
    Find assessor info on the county website

    Neighborhood: 48328

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,142,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,142,000