$1,089,000
SOLD MAY 21, 2024

1186 Arbroak Way Lake Orion, MI 48362

4 Beds
3.5 Baths
2,604 Sq Ft
0.47 Acres

Recently Sold

$418 Per Sq Ft

8% Below List Price

106 Days on Market

Highlights

  • 249 Feet of Waterfront
  • Canal Access
  • Contemporary Architecture
  • Orion Oaks Elementary School Rated A-
  • Deck
  • Ground Level Unit

About This Home

As of May 2024

Welcome to your dream lakefront retreat! This exquisite home, boasting 4 bedrooms and 4 baths, is situated on a peaceful dead-end street, offering privacy and tranquility. Meticulously renovated, it is resplendent with craftsman finishes and upscale features, making it a fantastic abode for the discerning homeowner.Upon entering, you will be captivated by the inviting atmosphere and breathtaking views of the peaceful canal front with over 240 feet of frontange! The open-concept layout seamlessly blends the living, dining, and kitchen areas, creating a perfect space for entertaining and creating cherished memories.The stunning kitchen is a chef's delight, equipped with top-of-the-line stainless steel appliances, sleek countertops, abundance of cabinetry for storage with abundance of windows glaring with natural light. The large butcher block island provides ample space for food preparation, while the adjacent dining area offers picturesque lake views through multiple door-walls, making every meal a delightful experience.Retire after a long day on the lake to the luxurious master suite, a true oasis of relaxation. It features a spacious bedroom measuring out to 32x12 with panoramic lake vistas, a walk-in closet, and a spa-like ensuite bathroom complete with a luxurious ambience with dual vanities, designer fixtures, dual shower heads w/body jets.The additional three bedrooms are generously sized and offer plenty of natural light, and closet space. Each bedroom has easy access to a beautifully appointed bathroom, ensuring comfort and convenience for all occupants.Outside, the expansive backyard is a true haven with endless possibilities including already approved plans/permits for addition, and boat house! includes attached heated 2.5 car garage, oversized driveway with room to store boat, will never have to worry about parking for guests the driveway can hold 5+ cars along with dead end paved street! Must see in person to truly appreciate, call today for private tour.

Last Agent to Sell the Property

Kyle Matta

@properties Christie's Int'l R E Rochester License #6501391152 Listed on: 01/18/2024

@properties Christie's Int'l R E Rochester

Last Buyer's Agent

Craig Joeright

DOBI Real Estate License #6501367930

DOBI Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1979 | Remodeled in 2023

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 192x195x249
  • 249 Feet of Waterfront
  • Home fronts a canal
  • Street terminates at a dead end
  • Sprinkler System

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Asphalt Roof
  • Stone Siding
  • Chimney Cap

Interior Spaces

  • 2,604 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Bar Fridge
  • Gas Fireplace
  • Great Room with Fireplace
  • Finished Basement
  • Sump Pump

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2.5 Car Direct Access Garage
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • Canal Access
  • Deck
  • Patio
  • Exterior Lighting

Location

  • Ground Level Unit

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 0910126024
  • $14,000 Seller Concession

Community Details

Overview

  • No Home Owners Association
  • Marina Park Estates Subdivision

Amenities

  • Community Barbecue Grill

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,728

Year Built

Built in 1979 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Contemporary
  • Architecture Level: 3 Story
  • Assessment: 132.00
  • Year Built: 1979
  • State Equalized Value: 259910.0000
  • Year Renovated: 2023
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: High Spd Internet Avail, Programmable Thermostat, Water Softener (owned), Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Great Room
  • Room Count: 14
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walk-Out Access
  • Kitchen Appliances: Dishwasher, Disposal, Free-Standing Gas Range, Microwave, Stainless Steel Appliance(s), Bar Fridge
  • Sq Ft Combined: 3862
  • Sq Ft Lower Floor: 1258
  • Total Sq Ft: 2604
  • Sq Ft Total Bsmt: 1432

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Lake Orion
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Stone, Wood
  • Exterior Features: BBQ Grill, Chimney Cap(s), Lighting
  • Foundation Materials: Block
  • Frontage Feet: 195
  • Porch Type: Deck, Patio
  • Road Frontage Type: Paved
  • Water Frontage Feet: 249.00
  • Waterfront Description: Canal Access, Canal Front, Direct Water Frontage, Water Front

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Well (Existing)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Lake Orion

Lot Info

  • Lot Features: Dead End Street, Near Golf Course, Sprinkler(s)
  • Lot Size Area: 0.47
  • Lot Dimensions: 192x195x249
  • Parcel Number: 0910126024

Tax Info

  • Tax Amount Summer: 9983.0000
  • Tax Amount Winter: 2745.0000
  • Total Tax: 12728.0000
  • Taxable Value: 237680.0000

Multi Family

  • Waterfront Features: All Sports Lake, DIRFRT

MLS Schools

  • School District: Lake Orion

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2024
Closed on
May 21, 2024
Sold by
Maier Marylynne and Maier Christopher S
Bought by
Menary Heather Scullion and Montasir Omar
Seller's Agent
Kyle Matta
@properties Christie's Int'l R E Rochester
Buyer's Agent
Craig Joeright
DOBI Real Estate
List Price
$1,190,000
Sold Price
$1,089,000
Premium/Discount to List
-$101,000
-8.49%
Views
1019
Current Estimated Value
$981,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$107,376
Avg. Annual Appreciation
-5.06%
Original Mortgage
$980,100
Interest Rate
7.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2022
Sold by
Maier Christopher S
Bought by
Maier Marylynne and Maier Christopher S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 11, 2021
Closed on
Dec 30, 2021
Sold by
Suzann L Young Revocable Living Trust
Bought by
Maier Christopher
Seller's Agent
Leslie Gelinas
Coldwell Banker Professionals
Buyer's Agent
Brian Ghesquiere
Fortuna Realty LLC
List Price
$750,000
Sold Price
$740,000
Premium/Discount to List
-$10,000
-1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.58%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,089,000 Ata National Title
Quit Claim Deed -- Postic Lionel J
Warranty Deed $740,000 Ata National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,573,250 New Conventional
Closed $980,100 New Conventional
Previous Owner $555,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2024 05/21/24 Sold $1,089,000 -8.5% $418 / Sq Ft
05/03/2024 05/03/24 Pending -- -- --
03/09/2024 03/09/24 For Sale $1,190,000 0.0% $457 / Sq Ft
03/06/2024 03/06/24 Pending -- -- --
01/18/2024 01/18/24 For Sale $1,190,000 +60.8% $457 / Sq Ft
12/30/2021 12/30/21 Sold $740,000 -1.3% $376 / Sq Ft
12/15/2021 12/15/21 Pending -- -- --
12/11/2021 12/11/21 For Sale $750,000 -- $381 / 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 $5,980 $364,800 $0 $0
2023 $9,983 $259,910 $0 $0
2022 $8,178 $226,370 $0 $0
2021 $4,559 $216,860 $0 $0
2020 $3,014 $216,710 $0 $0
2019 $4,224 $196,420 $0 $0
2018 $4,209 $197,110 $0 $0
2017 $4,021 $197,110 $0 $0
2016 $4,008 $181,550 $0 $0
2015 -- $160,860 $0 $0
2014 -- $139,940 $0 $0
2011 -- $106,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240003461

Realcomp

APN: 09-10-126-024