NOT LISTED FOR SALE

228 Lookout Ln Lake Orion, MI 48362

Estimated Value: $643,000 - $769,000

4 Beds
2 Baths
1,210 Sq Ft
$570/Sq Ft Est. Value

Last Sold February 06, 2023

Last sale price $580,000 $479 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,822/month

50 Days on Market

Highlights

  • Private Waterfront
  • Dock Facilities
  • 2-Story Property
  • Orion Oaks Elementary School Rated A-
  • Deck
  • Ground Level Unit

About This Home

As of February 2023

Welcome to resort style living on Lake Orion. Be in your new home before summer begins. No long drive up-north, convenient Oakland County location with incredible all-sports, sandy bottom lake perfect for swimming, fishing and water sports. Almost every inch of this home has been tastefully updated with designer touches throughout. Move in and enjoy all the lake has to offer. Vacation year round! Living room has extensive views of the lake through massive door wall which brings in lots of natural light. Completely new kitchen, subway tile backsplash, under cabinet lighting and all new stainless appliances. First floor master bedroom with views of the water, door wall to deck to unwind and enjoy the lake view. Additional bedroom on main floor makes a total of 4 bedrooms. Two full updated baths with ceramic tile. Finished walkout lower level. New roof & siding in 2022. New furnace in 2019. Low maintenance, ideal for year-round living or a weekend retreat. Seawall, dock & extensive decking. Close to restaurants & shopping in quaint downtown Lake Orion. View 3D virtual tour. Seller will consider contributing to a 2/1 interest rate buydown with an offer acceptable to the seller. Immediate possession at closing.

Last Agent to Sell the Property

Linda Stodola

RE/MAX Eclipse Clarkston License #6501293738 Listed on: 12/07/2022

RE/MAX Eclipse Clarkston

Last Buyer's Agent

Jeries Nahhas

ICON Realty Experts, LLC License #6501401593

ICON Realty Experts, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1930 | Remodeled in 2018

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 50 x 81 x 54 x 59
  • Private Waterfront
  • 54 Feet of Waterfront
  • Lake Front
  • Fenced

Home Design

  • 2-Story Property
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,210 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Water Views
  • Finished Basement
  • Walk-Out Basement

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Seawall
  • Dock Facilities
  • Deck
  • Shed

Location

  • Ground Level Unit

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 0911179002

Community Details

Overview

  • No Home Owners Association
  • Recreation Heights Add Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,542

Year Built

Built in 1930 | Remodeled in 2018

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 2 Story
  • Assessment: 119.00
  • Year Built: 1930
  • State Equalized Value: 192330.0000
  • Year Renovated: 2018
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Living Room
  • Room Count: 10
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s), Washer
  • Sq Ft Combined: 1610
  • Sq Ft Lower Floor: 400
  • Total Sq Ft: 1210
  • Sq Ft Total Bsmt: 700

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Lake Orion
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Construction Features: Platted Sub.
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Porch Type: Deck
  • Road Frontage Type: Paved
  • Water Frontage Feet: 54.00
  • Waterfront Description: Direct Water Frontage, Lake Front, Private Water Frontage, Water Front
  • Fencing: Fenced

Garage/Parking

  • Garage Size: No Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Lake Orion

Lot Info

  • Homestead: Yes
  • Lot Features: Water View
  • Lot Size Area: 0.08
  • Lot Dimensions: 50 X 81 X 54 X 59
  • Parcel Number: 0911179002

Tax Info

  • Tax Amount Summer: 6249.0000
  • Tax Amount Winter: 1293.0000
  • Total Tax: 7542.0000
  • Taxable Value: 170390.0000

Multi Family

  • Waterfront Features: All Sports Lake, Dock Facilities, Sea Wall, DIRFRT

MLS Schools

  • School District: Lake Orion

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2022
Closed on
Feb 3, 2023
Sold by
Marinack James and Marinack Michelle
Bought by
Kaspari Stephen G and Hartman-Kaspari Pamela
Seller's Agent
Linda Stodola
RE/MAX Eclipse Clarkston
Buyer's Agent
Jeries Nahhas
ICON Realty Experts, LLC
List Price
$565,000
Sold Price
$580,000
Premium/Discount to List
$15,000
2.65%
Views
118
Current Estimated Value
$689,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,528
Avg. Annual Appreciation
6.75%

Purchase Details

Listed on
Aug 31, 2015
Closed on
Mar 31, 2016
Sold by
Thoel John C and The John Johnny & Justin Thoel
Bought by
Marinack James and Marinack Michelle
Seller's Agent
Gayle Scarth
Berkshire Hathaway HomeServices Kee Realty Oxford
Buyer's Agent
Linda Stodola
RE/MAX Eclipse Clarkston
List Price
$299,900
Sold Price
$245,000
Premium/Discount to List
-$54,900
-18.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.39%
Original Mortgage
$240,562
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 31, 2015
Closed on
Mar 7, 2016
Sold by
Thoel Beverly A
Bought by
Thoel John Charles and The John & Johnny & Justin Thoel Revocab
Seller's Agent
Gayle Scarth
Berkshire Hathaway HomeServices Kee Realty Oxford
Buyer's Agent
Linda Stodola
RE/MAX Eclipse Clarkston
List Price
$299,900
Sold Price
$245,000
Premium/Discount to List
-$54,900
-18.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,562
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 21, 1999
Sold by
John Thoel Tr
Bought by
Thoel Beverly A

Purchase Details

Closed on
Sep 26, 1997
Sold by
Scharf Stephen L
Bought by
John Johnny Justin Thoel Tr
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
Kaspari Stephen G $580,000 Partners Title
Marinack James $245,000 First American Title Ins Co
Thoel John Charles -- First American Title Ins Co
Thoel Beverly A -- --
John Johnny Justin Thoel Tr $148,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thoel John Charles $240,562
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/06/2023 02/06/23 Sold $580,000 +2.7% $479 / Sq Ft
01/26/2023 01/26/23 Pending -- -- --
12/07/2022 12/07/22 For Sale $565,000 +130.6% $467 / Sq Ft
03/31/2016 03/31/16 Sold $245,000 -18.3% $194 / Sq Ft View Prior Sale
02/08/2016 02/08/16 Pending -- -- --
08/31/2015 08/31/15 For Sale $299,900 -- $237 / 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 $14,118 $258,600 $0 $0
2023 $6,561 $225,960 $0 $0
2022 $7,753 $192,330 $0 $0
2021 $7,087 $176,340 $0 $0
2020 $5,753 $171,050 $0 $0
2019 $4,780 $159,490 $0 $0
2018 $6,721 $151,050 $0 $0
2017 $6,681 $151,050 $0 $0
2016 $3,783 $116,680 $0 $0
2015 -- $112,040 $0 $0
2014 -- $100,690 $0 $0
2011 -- $89,290 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221066928

Realcomp

APN: 09-11-179-002