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11371 Sherman Road

11371 Sherman Road, Frederic, MI 49733
Property in Otsego Lake
Sold Jul 30, 2021
$147,000
Buyer
Seller
$127,136 by Huntington National Bank
Mortgage Due Jan 01, 2051
This has been categorized as a residential property type. In total, the area measurement of the land is 865,973 square feet.

Learn more about the property and building on this page. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 11371 Sherman Road was last sold in Jul 29, 2021 for $147,000. Current property owners are expected to pay $1,890 in taxes per year. The property on 11371 Sherman Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $110,600. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 865,973
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 19.88
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC 34 T29N-R3W N 164.3 FT OF S 821.5 FT OF S 1/2 OF NW 1/4 AND N 164.3 FT OF S657.2 OF S 1/2 OF NW 1/4 98 COMBO OF 055-00 &

Ownership

  • Current Owner : FAHLER GARY
  • Previous Owner : FAHLER MARK A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Gaylord Community Schools
  • School Tax School District: GAYLORD
  • Census Tract: 950600

Geography

  • District: 09
  • Parcel: 090-034-200-060-01
  • Meridian: SEC 34 TWN 29N RNG 03W
  • Municipality: OTSEGO LAKE TOWNSHIP
  • Latitude: 44.8668
  • Longitude: -84.6625

    Address

  • Full Address: 11371 Sherman Rd
  • Address - House Number: 11371
  • Address - Street Name: Sherman
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Frederic
  • Carrier Code: R011
  • 4-Digit Zip Code: 9754
  • Zip Code: 49733

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,890

    Appraisal Valuation

  • Standard Deviation: 0.2583
  • Valuation Date: Sep 27, 2023
  • Confidence Score: 63
  • Final Value: 261,736
  • High Value: 329,365
  • Low Value: 194,108

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $127,136
  • First Open Lien Mortgage Lender: HUNTINGTON NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Jul 30, 2021
  • First Open Lien Mortgage Loan Amount: $127,136
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Market Valuation

  • Market Total Value: $221,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $110,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 29, 2021
  • Current Sale Recording Date: Jul 30, 2021
  • Current Sale Transaction ID: 11848898443
  • Current Sale Price: $147,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HUNTINGTON NATIONAL BANK
  • First Mortgage Transaction Date: Jul 30, 2021
  • First Mortgage Loan Amount: $127,136
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2051

About Otsego



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Frequently Asked Questions

What neighborhood is 11371 Sherman Road located in?
The 11371 Sherman Road is a located in the neighborhood of Otsego Lake in Otsego, Frederic.
What is the average sales price for listings in 11371 Sherman Road?
The average sales price for units in 11371 Sherman Road is $0 currently.

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