NOT LISTED FOR SALE

1229 Paul Blvd Lake Orion, MI 48362

Estimated Value: $303,000 - $343,737

3 Beds
2.5 Baths
1,201 Sq Ft
$276/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $265,000 $221 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,955/month

34 Days on Market

Highlights

  • 70 Feet of Waterfront
  • Beach Access
  • Ranch Style House
  • Blanche Sims Elementary School Rated A-
  • Deck
  • Ground Level Unit

About This Home

As of September 2020

This is the one you've been waiting for on a lake at an affordable price. Take in the peaceful and serene views of Bunny Run Lake from the comfort of your home or deck. Watch wildlife pass by or paddle around in your kayak or canoe. Fish year round for blue gill, bass and sunfish. Optional membership available to private all sports Long Lake which has a sandy beach, clubhouse and boat launch. Inside you will appreciate the abundance of natural light and split bedroom floor plan. Eat-in kitchen has a pantry w/rollout drawers and comes with all the appliances. Completely renovated bathroom w/ceramic and corian finishes. Bright and sunny living room w/coved ceilings, natural fireplace and gorgeous views of the lake out the window. Finished walkout is set up apartment style w/family room, office, 4th bedroom (no closet), kitchen and full bathroom. Excellent location close to downtown, expressway, parks, shopping and dining. Hurry!

Last Agent to Sell the Property

Alicia Cloutier

EXP Realty Rochester License #6501328260 Listed on: 07/15/2020

EXP Realty Rochester

Last Buyer's Agent

Marshall Ultch

Keller Williams Paint Creek License #RCO-6501363138

Keller Williams Paint Creek

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1966

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60x143x70x107
  • 70 Feet of Waterfront
  • Lake Front

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,201 Sq Ft Home
  • Ceiling Fan
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Water Views
  • Dryer

Kitchen

  • Built-In Electric Oven
  • Built-In Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Crawl Space

Outdoor Features

  • Beach Access
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Shed

Location

  • Ground Level Unit

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • Water Softener is Owned
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0901427008
  • $5,000 Seller Concession

Community Details

Overview

  • No Home Owners Association
  • Bunny Run Country Club Annex No 2 Subdivision
  • Swim Association

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,503

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 340.76
  • Year Built: 1966
  • State Equalized Value: 83620.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Programmable Thermostat, Water Softener (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Family Room, Great Room
  • Room Count: 14
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Dryer, Microwave, Built-In Electric Oven, Built-In Electric Range
  • Sq Ft Combined: 2201
  • Sq Ft Lower Floor: 1000
  • Total Sq Ft: 1201
  • Sq Ft Total Bsmt: 1201

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Bunny
  • Waterfront: Yes
  • Foundation Details: Basement, Crawl
  • Construction Materials: Vinyl
  • Exterior Features: Lighting
  • Foundation Materials: Block
  • Frontage Feet: 60
  • Porch Type: Deck, Porch - Covered
  • Road Frontage Type: Gravel
  • Water Frontage Feet: 70.00
  • Waterfront Description: Beach Access, Lake Front

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Wall Unit(s)
  • Heating: Baseboard
  • Sewer: Public Sewer (Sewer-Sanitary)
  • 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
  • List Price per Acre: 1488888.8889
  • Lot Features: Water View
  • Lot Size Area: 0.18
  • Lot Dimensions: 60x143x70x107
  • Parcel Number: 0901427008

Tax Info

  • Tax Amount Summer: 1565.0000
  • Tax Amount Winter: 938.0000
  • Total Tax: 2503.0000
  • Taxable Value: 64490.0000

Multi Family

  • Waterfront Features: Swim Association

MLS Schools

  • School District: Lake Orion

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2020
Closed on
Sep 18, 2020
Sold by
Ferman Paul L and Paul L Ferman Living Trust
Bought by
Bacarella Joseph and Bacarella Rebecca
Seller's Agent
Alicia Cloutier
EXP Realty Rochester
Buyer's Agent
Marshall Ultch
Keller Williams Paint Creek
List Price
$279,000
Sold Price
$265,000
Premium/Discount to List
-$14,000
-5.02%
Current Estimated Value
$331,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,184
Avg. Annual Appreciation
4.46%
Original Mortgage
$251,750
Outstanding Balance
$223,411
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$107,773

Purchase Details

Closed on
Nov 26, 2012
Sold by
Ferman Paul L and Hepler Ferman Anna C
Bought by
Paul L Ferman Living Trust and Anna C Hepler Ferman Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2005
Sold by
Ferman Paul L and Hepler Ferman Anna C
Bought by
Ferman Paul L and Paul L Ferman Living Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bacarella Joseph $265,000 Cislo Title Company
Paul L Ferman Living Trust -- None Available
Ferman Paul L -- None Available
Ferman Paul L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bacarella Joseph $251,750
Previous Owner Ferman Paul L $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2020 09/18/20 Sold $265,000 -1.1% $221 / Sq Ft
08/19/2020 08/19/20 Pending -- -- --
07/20/2020 07/20/20 Price Changed $268,000 -3.9% $223 / Sq Ft
07/15/2020 07/15/20 For Sale $279,000 -- $232 / 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 $2,621 $129,410 $0 $0
2023 $2,439 $107,050 $0 $0
2022 $3,828 $96,800 $0 $0
2021 $3,677 $93,720 $0 $0
2020 $1,589 $88,080 $0 $0
2019 $2,503 $83,620 $0 $0
2018 $2,542 $81,390 $0 $0
2017 $2,391 $81,390 $0 $0
2016 $2,361 $79,120 $0 $0
2015 -- $71,630 $0 $0
2014 -- $65,910 $0 $0
2011 -- $57,830 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200052660

Realcomp

APN: 09-01-427-008