NOT LISTED FOR SALE

1500 W Silverbell Rd Lake Orion, MI 48359

Estimated Value: $540,000 - $627,000

15.12 Acres
$38,591 Price per Acre
658,627 Sq Ft Lot

Last Sold September 10, 2020

Last sale price $200,000 $101 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $3,638/month

393 Days on Market

Highlights

  • Home fronts a pond
  • 15.12 Acre Lot
  • Wooded Lot
  • Carpenter Elementary School Rated A-

About This Lot

As of September 2020

BEAUTIFUL SCENIC 15 ROLLING AND WOODED ACRES W/TREMENDOUS PRIVACY & MANY MATURE TREES! POTENTIALLY SPLITTABLE (PLEASE VERIFY WITH TWP). ENJOY THE WILDLIFE INCL TURKEY, DEER, OWLS, ETC -- HORSES ARE WELCOME. TWO PONDS ALSO ON THE PROPERTY. BONUS: LOCATED OFF OF A PAVED ROAD AND HAS CITY WATER/SEWER. SALE INCLUDES BOTH PARCEL ID NUMBERS 0927301018 AND 0927301019. PROPERTY TAXES, SEV AND ACREAGE IN THE LISTING IS THE COMBINED OF BOTH IDs. NO HOMEOWNERS ASSOCIATION. TAXES ARE CURRENTLY NON-HOMESTEAD. LOADS OF POTENTIAL! SELLERS WILL CONSIDER LAND CONTRACT OFFERS W/MIN $50,000 DOWN AT 6% INTEREST RATE, 5 YEARS OR LESS. *There is no longer any house/structure on the property*

Last Agent to Sell the Property

Mark Gibeau

EXP Realty Rochester License #6501317326 Listed on: 07/11/2019

EXP Realty Rochester

Last Buyer's Agent

J R Reagan

Coldwell Banker Professionals-Clarkston License #6502367945

Coldwell Banker Professionals-Clarkston

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 15.12 Acre Lot
  • Home fronts a pond
  • Property fronts an easement
  • Wooded Lot
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

Listing and Financial Details

  • Assessor Parcel Number 0927301018

Property Details

Property Type

Land

Est. Annual Taxes

$3,067

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 117690.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage Type: Paved
  • Waterfront Description: Pond

Utilities

  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • High Speed Internet: Yes

Lot Info

  • List Price per Acre: 13822.7513
  • Lot Features: Easement, Possible Basement, Possible Daylight, Possible Walkout, Residential Structure on Property, Splits Available, Wooded
  • Lot Size Area: 15.12
  • Lot Dimensions: Irregular
  • Parcel Number: 0927301018
  • Percent Wooded: 30
  • Zoning: Residential
  • Improvements: Electric, Gas
  • Mineral Rights: Yes
  • PERK: Yes
  • Survey: Yes

Rental Info

  • Deposit Amount: 50000.00

Tax Info

  • Tax Amount Summer: 1923.0000
  • Tax Amount Winter: 1144.0000
  • Total Tax: 3067.0000
  • Taxable Value: 89020.0000

MLS Schools

  • School District: Lake Orion

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2019
Closed on
Sep 10, 2020
Sold by
Anker James E and Anker Linda Lee
Bought by
Roscoe Arron and Roscoe Maria R
Seller's Agent
Mark Gibeau
EXP Realty Rochester
Buyer's Agent
J R Reagan
Coldwell Banker Professionals-Clarkston
List Price
$219,000
Sold Price
$200,000
Premium/Discount to List
-$19,000
-8.68%
Current Estimated Value
$583,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$383,500
Avg. Annual Appreciation
23.21%
Original Mortgage
$160,000
Outstanding Balance
$142,250
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$441,250
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
Roscoe Arron $200,000 Sterling Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roscoe Arron $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2020 09/10/20 Sold $200,000 -4.3% $101 / Sq Ft
08/07/2020 08/07/20 Pending -- -- --
07/14/2020 07/14/20 Price Changed $209,000 -4.6% $105 / Sq Ft
07/11/2019 07/11/19 For Sale $219,000 -- $110 / 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
2021 $1,578 $26,260 $0 $0
2020 $789 $25,400 $0 $0
2019 $4,698 $126,110 $0 $0
2018 $4,651 $116,460 $0 $0
2017 $4,480 $116,460 $0 $0
2016 $4,455 $105,020 $0 $0
2015 -- $97,280 $0 $0
2014 -- $87,280 $0 $0
2011 -- $80,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Gibeau

    Seller's Agent in 2020

    Mark Gibeau

    EXP Realty Rochester

    (248) 459-4287

    8 in this area

    125 Total Sales

    Mark Gibeau
    Section Image

  • J

    Buyer's Agent in 2020

    J R Reagan

    Coldwell Banker Professionals-Clarkston

    Section Image
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Map

Source: Realcomp

MLS Number: 2200027026

Realcomp

APN: 09-27-301-018

Michigan Oakland County Lake Orion 48359

1500 W Silverbell Rd, Lake Orion, MI

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
Copyright 2025 Realcomp II Ltd. Shareholders
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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