NOT LISTED FOR SALE

1035 Arbroak Way Lake Orion, MI 48362

Estimated Value: $604,000 - $741,000

4 Beds
3.5 Baths
2,181 Sq Ft
$313/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $535,000 $245 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,241/month

64 Days on Market

Highlights

  • 81 Feet of Waterfront
  • Dock Facilities
  • No HOA
  • Orion Oaks Elementary School Rated A-
  • Lake Privileges
  • Stainless Steel Appliances

About This Home

As of August 2023

Welcome home to the “Lake Life” of Lake Orion. Enjoy 89’ of Canal front home that leads to all-sports Lake Orion. Home sits on .36 acres with large backyard space with plenty of room for dock and boat facilities. This 4 bedroom 3.1 baths Entertainer's delight has 3 decks/patio with lots of living space. Main level has a large Living Rm that opens to a formal Dining Rm with a wall of windows to the rear yard and canal. Beautiful natural light flows in throughout. Door-wall opens to large main deck where you can grill throughout the year. Kitchen with Stainless steel appliances and eat in breakfast nook allows ample storage with a large pantry & enjoy the convenience of a 1st Floor full laundry. On the 2nd floor an abundance of natural light comes into your primary suite from your balcony with a glass door-wall with built in shades. Enjoy your newly renovated private bath w/ warming towel bar. 2nd floor also includes 2 guest bedrooms and another renovated full bath. Lower level encompasses a large Family Rm with wood burning fireplace with door-wall to patio. Built in book shelves and private rolling barn door secludes this area of the home for privacy. Updated full bath with walk in shower and bedroom complete the lower walk-out level. Unfinished basement available for your finishing needs or can be kept for storage enjoy a private finished office. Wifi controlled Sprinklers, attached garage with new door & generator hook-up. Updates include: Bathrooms(2020), bath tile (2021), Laundry Rm, Primary heated towel bar, iron filter, water softener, RO system in Kitchen, pressure tank (2020), well Pump (2020), Hot H2O (2022), New Seawall (2021), Dishwasher (2019), Lennox 99% Variable speed Gas Furnace and AC (2016), Roof 8 years old Certainteed Pro Hi Def Shingles (50 year). Enjoy your lake life with ample parking for all your guest.

Last Agent to Sell the Property

Tonya Newberry

Max Broock, REALTORS®-Birmingham License #6501306904 Listed on: 05/22/2023

Max Broock, REALTORS®-Birmingham

Last Buyer's Agent

Bill Gardner

@properties Christie's Int'l RE Northville License #6501415328

@properties Christie's Int'l RE Northville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1980

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 89.00 x 201.00
  • 81 Feet of Waterfront
  • Home fronts a canal
  • Sprinkler System

Home Design

  • Split Level Home
  • Quad-Level Property
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,181 Sq Ft Home
  • Ceiling Fan
  • Family Room with Fireplace
  • Water Views
  • Unfinished Basement

Kitchen

  • Free-Standing Gas Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Seawall
  • Dock Facilities
  • Lake Privileges
  • Exterior Lighting

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Whole House Permanent Generator
  • Natural Gas Water Heater
  • Water Softener is Owned
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0910127015

Community Details

Overview

  • No Home Owners Association
  • Marina Park Estates Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,404

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Split Level
  • Architecture Level: Quad-Level
  • Assessment: 132.00
  • Year Built: 1980
  • State Equalized Value: 240530.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 4

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Programmable Thermostat, Water Softener (owned)
  • Fireplace: Yes
  • Fireplace Locations: Family Room
  • Room Count: 14
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Free-Standing Gas Oven, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s)
  • Sq Ft Combined: 2181
  • Total Sq Ft: 2181
  • Sq Ft Total Bsmt: 888

Exterior Features

  • Waterfront Name: Lake Orion
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Whole House Generator, Lighting
  • Foundation Materials: Block
  • Frontage Feet: 89
  • Road Frontage Type: Paved
  • Water Frontage Feet: 81.00
  • Waterfront Description: Canal Front, Direct Water Frontage, Lake Privileges, Water Front

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Direct Access, 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

  • Lot Features: Sprinkler(s), Water View
  • Lot Size Area: 0.36
  • Lot Dimensions: 89.00 x 201.00
  • Parcel Number: 0910127015

Tax Info

  • Tax Amount Summer: 3560.0000
  • Tax Amount Winter: 1844.0000
  • Total Tax: 5404.0000
  • Taxable Value: 148310.0000

Multi Family

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

MLS Schools

  • School District: Lake Orion

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2023
Closed on
Aug 31, 2023
Sold by
Cooper Daniel W
Bought by
Ketelhut Jenna G and Ketelhut Brandon R
Seller's Agent
Tonya Newberry
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Bill Gardner
@properties Christie's Int'l RE Northville
List Price
$574,999
Sold Price
$535,000
Premium/Discount to List
-$39,999
-6.96%
Views
190
Current Estimated Value
$682,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,483
Avg. Annual Appreciation
12.48%
Original Mortgage
$401,250
Outstanding Balance
$392,644
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$289,839

Purchase Details

Listed on
Jul 2, 2012
Closed on
Aug 29, 2012
Sold by
Gibbens Gerard M and Gibbens Noreen D
Bought by
Cooper Daniel W
Seller's Agent
Jim Skylis
Wedgewood Realty Services
Buyer's Agent
Tonya Newberry
Max Broock, REALTORS®-Birmingham
List Price
$289,900
Sold Price
$264,000
Premium/Discount to List
-$25,900
-8.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.64%
Original Mortgage
$250,800
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2001
Sold by
Ely Roy A
Bought by
Gibbens Gerard M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,000
Interest Rate
7.13%

Purchase Details

Closed on
Aug 23, 1996
Sold by
Kast Richard James
Bought by
Ely Roy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,200
Interest Rate
8.29%
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
Ketelhut Jenna G $535,000 None Listed On Document
Ketelhut Jenna G $535,000 None Listed On Document
Cooper Daniel W $264,000 Liberty Title
Gibbens Gerard M $285,000 --
Ely Roy A $241,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ketelhut Jenna G $401,250
Previous Owner Gibbens Gerard M $209,000
Previous Owner Ely Roy A $193,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $535,000 -2.7% $245 / Sq Ft
07/25/2023 07/25/23 Pending -- -- --
07/08/2023 07/08/23 Price Changed $550,000 -4.3% $252 / Sq Ft
05/22/2023 05/22/23 For Sale $574,999 +117.8% $264 / Sq Ft
09/05/2012 09/05/12 Sold $264,000 -8.9% $121 / Sq Ft
08/09/2012 08/09/12 Pending -- -- --
07/02/2012 07/02/12 For Sale $289,900 -- $133 / 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 $7,468 $311,650 $0 $0
2023 $3,737 $277,660 $0 $0
2022 $5,403 $240,530 $0 $0
2021 $5,163 $229,990 $0 $0
2020 $3,424 $215,170 $0 $0
2019 $4,783 $196,770 $0 $0
2018 $4,767 $197,190 $0 $0
2017 $4,553 $197,190 $0 $0
2016 $4,436 $182,810 $0 $0
2015 -- $162,300 $0 $0
2014 -- $142,980 $0 $0
2011 -- $108,810 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230040056

Realcomp

APN: 09-10-127-015