NOT LISTED FOR SALE

1240 Nakomis Trail Lake Orion, MI 48362

Estimated Value: $396,000 - $480,119

3 Beds
4 Baths
1,772 Sq Ft
$244/Sq Ft Est. Value

Last Sold January 12, 2024

Last sale price $400,000 $226 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,643/month

7 Days on Market

Highlights

  • Beach Access
  • 1 Acre Lot
  • Ranch Style House
  • Paint Creek Elementary School Rated A-
  • Deck
  • Ground Level Unit

About This Home

As of January 2024

This ranch home features over 3,200 sq. ft. of living space including the finished walkout basement. It has 3 bedrooms, 2 full baths and a 1/2 bath on the main level. Also there is a laundry room on the 1st floor. It sits on a 1 acre wooded lot, with beach access to Indiandwood Lake at Garlick Point Community Beach. As part of the Indianwood Improvement Association you have access to 25 mile Polly Ann Hiking Trail. The home has 2 natural fireplaces, one in the living room and one in the finished basement. There is also a 1/2 bath in the basement. There is plenty of storage in the basement. Close to M24 and Indianwood Rd. it has easy access to all ammenities.

Last Agent to Sell the Property

David Broadworth

Exit Ahead Realty License #6502423888 Listed on: 12/12/2023

Last Buyer's Agent

Ashley Trefney

KW Professionals License #6501427729

KW Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1977

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 373x110x262x197

HOA Fees

  • $6 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,772 Sq Ft Home
  • Gas Fireplace
  • Living Room with Fireplace
  • Attic Fan

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Fireplace in Basement

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Beach Access
  • Deck
  • Patio

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Jim Skiba / Indianwoodhoa.Com Association, Phone Number (586) 413-2797
  • Suprvr's Plat No 7 Orion Twp Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0903102008

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,689

Year Built

Built in 1977

Lot Details

0

HOA Fees

$6 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 129.00; Indianwood Lake
  • Year Built: 1977
  • State Equalized Value: 144910.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Basement, Living Room
  • Room Count: 10
  • Total Bedrooms: 3
  • Total Bathrooms: 2.20
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Built-In Electric Oven, Built-In Electric Range, Dishwasher, Disposal, Dryer, Electric Cooktop, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 3272
  • Sq Ft Lower Floor: 1500
  • Total Sq Ft: 1772
  • Sq Ft Total Bsmt: 1772

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Indianwood Lake
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Frontage Feet: 483
  • Porch Type: Deck, Patio
  • Road Frontage Type: Gravel
  • Sideof Street: E
  • Waterfront Description: Beach Access

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Side Entrance, Electricity, Door Opener, Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Attic Fan, Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Source: Well (Existing)

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Phone: (586) 413-2797
  • Association Fee: 75
  • Association Contact: Jim Skiba / Indianwoodhoa.com
  • Association Fee: Yes

Schools

  • School District: Lake Orion

Lot Info

  • Homestead: Yes
  • Lot Size Area: 1.00
  • Lot Dimensions: 373x110x262x197
  • Parcel Number: 0903102008

Tax Info

  • Tax Amount Summer: 2442.0000
  • Tax Amount Winter: 1247.0000
  • Total Tax: 3689.0000
  • Taxable Value: 101740.0000

MLS Schools

  • School District: Lake Orion

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2023
Closed on
Jan 12, 2024
Sold by
Bishop Living Trust
Bought by
Cook Nathan and Cook Amanda
Seller's Agent
David Broadworth
Exit Ahead Realty
Buyer's Agent
Ashley Trefney
KW Professionals
List Price
$400,000
Sold Price
$400,000
Views
64
Current Estimated Value
$444,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,912
Avg. Annual Appreciation
5.04%
Original Mortgage
$300,000
Outstanding Balance
$295,538
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$136,992

Purchase Details

Closed on
Mar 2, 2021
Sold by
Bishop William H and Bishop Sharon Lee
Bought by
Bishop William H and Bishop Sharon Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,900
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2013
Sold by
Bishop William H and Bishop Sharon Lee
Bought by
Bishop William H and Bishop Sharon Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,525
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2000
Sold by
Bishop W
Bought by
Bishop Trust
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
Cook Nathan $400,000 Liberty Title
Bishop William H -- Amrock Llc
Bishop William H -- Amrock Llc
Bishop William H -- Title Source Inc
Bishop William H -- Title Source Inc
Bishop Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cook Nathan $300,000
Previous Owner Bishop William H $123,900
Previous Owner Bishop William H $162,525
Previous Owner Bishop William H $171,000
Previous Owner Bishop William H $50,000
Previous Owner Bishop William H $186,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2024 01/12/24 Sold $400,000 0.0% $226 / Sq Ft
12/19/2023 12/19/23 Pending -- -- --
12/12/2023 12/12/23 For Sale $400,000 -- $226 / 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 $2,560 $151,930 $0 $0
2023 $2,442 $144,910 $0 $0
2022 $3,573 $127,020 $0 $0
2021 $3,416 $119,540 $0 $0
2020 $2,237 $111,570 $0 $0
2019 $3,173 $105,810 $0 $0
2018 $3,165 $103,410 $0 $0
2017 $3,027 $103,410 $0 $0
2016 $2,997 $105,120 $0 $0
2015 -- $96,630 $0 $0
2014 -- $89,170 $0 $0
2011 -- $82,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Broadworth

    Seller's Agent in 2024

    David Broadworth

    Exit Ahead Realty

    (810) 347-5354

    1 in this area

    37 Total Sales

    Section Image
  • Ashley Trefney

    Buyer's Agent in 2024

    Ashley Trefney

    KW Professionals

    (586) 215-1211

    1 in this area

    98 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 20230103209

Realcomp

APN: 09-03-102-008

Michigan Oakland County Lake Orion 48362

1240 Nakomis Trail, Lake Orion, MI

This home is located at 1240 Nakomis Trail, Lake Orion, MI 48362 since 12 December 2023 and is currently estimated at $432,530, approximately $244 per square foot. This property was built in 1977. 1240 Nakomis Trail is a home located in Oakland County with nearby schools including Paint Creek Elementary School, Scripps Middle School, and Lake Orion Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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