NOT LISTED FOR SALE

111 Park Island Dr Lake Orion, MI 48362

Estimated Value: $777,000 - $987,000

5 Beds
3 Baths
3,808 Sq Ft
$230/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $700,000 $184 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $6,007/month

55 Days on Market

Highlights

  • 104 Feet of Waterfront
  • Dock Facilities
  • Fireplace in Primary Bedroom
  • Orion Oaks Elementary School Rated A-
  • Colonial Architecture
  • Deck

About This Home

As of December 2021

This lake house has modern updates and classic charm throughout! It is located just steps from downtown LO! With fresh paint and high quality upgrades, all that's left is moving in! The stunning kitchen has been remodeled with custom backsplash, stainless steel appliances, quartz countertops, shaker style cabinets, a walk-in pantry and many other gourmet features! The large windows and open concept give a welcoming, bright and airy feel. The second floor has 4 sizeable bedrooms and a sauna. The master has a cozy fireplace, high ceilings and a private balcony with a breathtaking view. With over 100 feet of lake frontage, this is the perfect place to soak up Michigan summers and enjoy sunsets year round. There is room to entertain a crowd between the deck, patio and gazebo! The freshly remodeled boat house has a full kitchen, living room, bathroom and bedroom. It provides the perfect space for guests or a rental opportunity. One of the few homes on the lake with room for 4 boat slips.

Last Agent to Sell the Property

Sherry Pyszczynski

Keller Williams Paint Creek License #6506043542 Listed on: 09/03/2021

Keller Williams Paint Creek

Last Buyer's Agent

Tracy Termini

Berkshire Hathaway HomeServices Kee Realty New Ba License #6501375917

Berkshire Hathaway HomeServices Kee Realty New Ba

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1950 | Remodeled in 2021

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 100.00x34.60
  • 104 Feet of Waterfront
  • Lake Front
  • Corner Lot

Home Design

  • Colonial Architecture
  • Cottage
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 3,808 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling Fan
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Crawl Space
  • Washer

Kitchen

  • Free-Standing Gas Range
  • Range Hood
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • 3 Full Bathrooms

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Dock Facilities
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Gazebo
  • Shed

Location

  • Ground Level Unit

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 0911254001

Community Details

Overview

  • No Home Owners Association
  • Assr's Replat Of Decker's Add Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,052

Year Built

Built in 1950 | Remodeled in 2021

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial, Cottage
  • Architecture Level: 2 Story
  • Year Built: 1950
  • State Equalized Value: 347510.0000
  • Year Renovated: 2021
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: High Spd Internet Avail, Wet Bar
  • Fireplace: Yes
  • Fireplace Locations: Family Room, Living Room, Primary Bedroom
  • Room Count: 14
  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Kitchen Appliances: Dishwasher, Disposal, Free-Standing Gas Range, Range Hood, Stainless Steel Appliance(s), Washer
  • Sq Ft Combined: 3808
  • Total Sq Ft: 3808

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Lake Orion
  • Waterfront: Yes
  • Foundation Details: Crawl
  • Construction Materials: Wood
  • Exterior Features: Lighting, Gazebo
  • Foundation Materials: Block
  • Frontage Feet: 100
  • Porch Type: Balcony, Porch - Covered, Deck, Patio, Porch, Patio - Covered
  • Road Frontage Type: Paved
  • Water Frontage Feet: 104.00
  • Waterfront Description: Direct Water Frontage, Lake Front

Garage/Parking

  • Garage Size: 2.5 Car
  • Garage Features: Electricity, Door Opener, Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Lake Orion

Lot Info

  • Homestead: Yes
  • Lot Features: Corner Lot
  • Lot Size Area: 0.24
  • Lot Dimensions: 100.00X34.60
  • Parcel Number: 0911254001

Tax Info

  • Tax Amount Summer: 8324.0000
  • Tax Amount Winter: 1728.0000
  • Total Tax: 10052.0000
  • Taxable Value: 213690.0000

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
Sep 3, 2021
Closed on
Dec 3, 2021
Sold by
Latozas Debra S and Courtney Debra S
Bought by
Ingoglia Todd R and Chodun Carol L
Seller's Agent
Sherry Pyszczynski
Keller Williams Paint Creek
Buyer's Agent
Tracy Termini
Berkshire Hathaway HomeServices Kee Realty New Ba
List Price
$850,000
Sold Price
$700,000
Premium/Discount to List
-$150,000
-17.65%
Current Estimated Value
$877,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,351
Avg. Annual Appreciation
4.47%
Original Mortgage
$400,000
Outstanding Balance
$371,561
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$452,929

Purchase Details

Closed on
Oct 5, 2005
Sold by
Latozas Debra S and Scrivens Lois J
Bought by
Latozas Debra S and Scrivens Lois J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,000
Interest Rate
5.83%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 6, 2005
Sold by
Dubovenko Peter and Dubovenko Sandra
Bought by
Latozas Debra S and Scrivens Lois J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.05%
Mortgage Type
Fannie Mae Freddie Mac
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
Ingoglia Todd R $700,000 None Listed On Document
Ingoglia Todd R $700,000 None Listed On Document
Latozas Debra S -- Philip R Seaver Title Co Inc
Latozas Debra S $500,000 Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ingoglia Todd R $400,000
Closed Ingoglia Todd R $400,000
Previous Owner Courtney Debra S $100,000
Previous Owner Latozas Debra S $310,500
Previous Owner Latozas Debra S $315,275
Previous Owner Latozas Debra S $324,200
Previous Owner Latozas Debra S $302,000
Previous Owner Latozas Debra S $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2021 12/03/21 Sold $700,000 -17.6% $184 / Sq Ft
10/29/2021 10/29/21 Pending -- -- --
09/03/2021 09/03/21 For Sale $850,000 -- $223 / 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 $14,728 $453,630 $0 $0
2023 $14,057 $412,450 $0 $0
2022 $16,374 $349,590 $0 $0
2021 $10,065 $347,510 $0 $0
2020 $8,260 $335,630 $0 $0
2019 $6,921 $315,640 $0 $0
2018 $10,016 $321,490 $0 $0
2017 $9,634 $321,490 $0 $0
2016 $9,573 $288,150 $0 $0
2015 -- $276,310 $0 $0
2014 -- $247,320 $0 $0
2011 -- $226,310 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210073959

Realcomp

APN: 09-11-254-001