NOT LISTED FOR SALE

1028 Arbroak Way Lake Orion, MI 48362

Estimated Value: $1,022,000 - $1,226,000

4 Beds
3.5 Baths
2,849 Sq Ft
$393/Sq Ft Est. Value

Last Sold April 25, 2024

Last sale price $1,103,000 $387 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $6,680/month

2 Days on Market

Highlights

  • Private Waterfront
  • Dock Facilities
  • Colonial Architecture
  • Orion Oaks Elementary School Rated A-
  • Lake Privileges
  • Deck

About This Home

As of April 2024

Welcome to your incredible lakefront retreat on all sports Lake Orion's picturesque Spring Bay! This stunning four-bedroom, three-and-a-half bath home has been remodeled in 2021, boasting brand new expansive windows throughout (added in 2023) that flood the home with natural light and offer breathtaking views of the lake. Step inside to find a beautifully refreshed interior, all freshly painted inside and out, creating a bright and inviting atmosphere. The open floor plan seamlessly blends the kitchen, featuring elegant granite counters and a stylish subway tile backsplash, stainless steel appliances and a walk-in pantry for added convenience. The kitchen is designed for both functionality and beauty, boasting cabinets with pullouts for easy access and organization. Stunning office with floor to ceiling windows offers a great work from home space. Not only is this home a delight indoors, but it also shines outdoors with a beautifully landscaped yard, oversized mudroom is perfect for storing all your outdoor gear, ensuring a clutter-free living space. The large garage provides ample space for vehicles and additional storage for lake toys. Stay comfortable year-round with the Furnace and Air Conditioning, new in 2016, providing efficient heating and cooling throughout the home. Descend to the lower-level to discover a fully finished walkout, where a guest suite awaits your visitors. Whether it's family gatherings or entertaining friends, the bar area is ideal for hosting memorable events. With its prime lakefront location on Spring Bay and upscale amenities, this home is turn key. Don't miss the chance to experience lakeside living at its finest. Award winning Lake Orion Schools.

Last Agent to Sell the Property

Keri Sorenson

National Realty Centers, Inc License #6501364767 Listed on: 03/15/2024

National Realty Centers, Inc

Last Buyer's Agent

Ann Spencer

Berkshire Hathaway HomeServices Kee Realty Oxford License #6501382485

Berkshire Hathaway HomeServices Kee Realty Oxford

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1980 | Remodeled in 2021

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 62x194x75x180
  • Private Waterfront
  • 83 Feet of Waterfront
  • Lake Front
  • Street terminates at a dead end
  • Sprinkler System

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Block Foundation
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 2,849 Sq Ft Home
  • 2-Story Property
  • Bar Fridge
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • Water Views
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2.5 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Dock Facilities
  • Lake Privileges
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Porch

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 0910126014

Community Details

Recreation

  • Water Sports

Additional Features

  • No Home Owners Association
  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,362

Year Built

Built in 1980 | Remodeled in 2021

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial, Contemporary
  • Architecture Level: 2 Story
  • Year Built: 1980
  • State Equalized Value: 380980.0000
  • Year Renovated: 2021
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: High Spd Internet Avail, Programmable Thermostat
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Room Count: 13
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Refrigerator, Gas Cooktop, Stainless Steel Appliance(s), Washer, Bar Fridge
  • Sq Ft Combined: 3649
  • Sq Ft Lower Floor: 800
  • Total Sq Ft: 2849
  • Sq Ft Total Bsmt: 1205

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Lake Orion
  • Waterfront: Yes
  • Foundation Details: Slab, Basement
  • Construction Materials: Wood
  • Exterior Features: Lighting
  • Foundation Materials: Block
  • Frontage Feet: 62
  • Porch Type: Balcony, Deck, Patio, Porch
  • Road Frontage Type: Paved
  • Water Frontage Feet: 83.00
  • Waterfront Description: Direct Water Frontage, Lake Front, Lake Privileges, Private Water Frontage, Water Front

Garage/Parking

  • Garage Size: 2.5 Car
  • Garage Features: Direct Access, Electricity, Door Opener, Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Natural Gas
  • Water Source: Well (Existing)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Lake Orion

Lot Info

  • Homestead: Yes
  • Lot Features: Dead End Street, Sprinkler(s), Water View
  • Lot Size Area: 0.37
  • Lot Dimensions: 62x194x75x180
  • Parcel Number: 0910126014

Tax Info

  • Tax Amount Summer: 8479.0000
  • Tax Amount Winter: 3883.0000
  • Total Tax: 12362.0000
  • Taxable Value: 336490.0000

Multi Family

  • Waterfront Features: All Sports Lake, Dock Facilities, DIRFRT

MLS Schools

  • School District: Lake Orion

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2024
Closed on
Apr 25, 2024
Sold by
Salkowski David
Bought by
Difalco Wendy and Difalco Salvatore
Seller's Agent
Keri Sorenson
National Realty Centers, Inc
Buyer's Agent
Ann Spencer
Berkshire Hathaway HomeServices Kee Realty Oxford
List Price
$1,100,000
Sold Price
$1,103,000
Premium/Discount to List
$3,000
0.27%
Views
154
Current Estimated Value
$1,120,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,155
Avg. Annual Appreciation
1.09%
Original Mortgage
$737,100
Outstanding Balance
$726,586
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$393,569

Purchase Details

Closed on
Sep 15, 2023
Sold by
Salkowski David and Cadili Maria
Bought by
Salkowski David

Purchase Details

Closed on
Sep 16, 2021
Sold by
Brykalski Joseph C
Bought by
Salkowski David and Cadili Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2021
Sold by
Walker Margaret Ann
Bought by
Brykalski Joseph Casimer

Purchase Details

Closed on
Mar 11, 2002
Sold by
Brykalski Joseph C
Bought by
Walker Margaret A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.93%

Purchase Details

Closed on
May 29, 2001
Sold by
Jones M M
Bought by
Brykalski Joseph C

Purchase Details

Closed on
Oct 30, 1995
Sold by
Evans William S
Bought by
Jones M Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,000
Interest Rate
7.7%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Difalco Wendy $1,103,000 None Listed On Document
Difalco Wendy $1,103,000 None Listed On Document
Salkowski David -- None Listed On Document
Salkowski David $800,000 None Available
Brykalski Joseph Casimer -- None Available
Walker Margaret A -- --
Brykalski Joseph C $512,500 --
Jones M Michael $328,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Salkowski David $548,000
Previous Owner Walker Margaret A $150,000
Previous Owner Jones M Michael $262,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2024 04/25/24 Sold $1,103,000 +0.3% $387 / Sq Ft
03/18/2024 03/18/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $1,100,000 -- $386 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,889 $430,140 $0 $0
2023 $8,480 $380,980 $0 $0
2022 $12,091 $336,490 $0 $0
2021 $5,946 $320,150 $0 $0
2020 $3,957 $305,750 $0 $0
2019 $5,508 $273,610 $0 $0
2018 $5,489 $253,040 $0 $0
2017 $5,243 $253,040 $0 $0
2016 $5,225 $233,970 $0 $0
2015 -- $206,730 $0 $0
2014 -- $177,750 $0 $0
2011 -- $139,830 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240015127

Realcomp

APN: 09-10-126-014