NOT LISTED FOR SALE

240 E Elizabeth St Lake Orion, MI 48362

Estimated Value: $399,000 - $486,000

4 Beds
2.5 Baths
2,234 Sq Ft
$198/Sq Ft Est. Value

Last Sold April 01, 2016

Last sale price $218,000 $98 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $3,000/month

34 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • 2 Car Direct Access Garage
  • Blanche Sims Elementary School Rated A-
  • No HOA
  • 2-minute walk to Meeks Park

About This Home

As of April 2016

Welcome! This gorgeous home is located in the Village of Lake Orion. Two story great room with cathedral ceilings, hardwood floors, and gas fireplace for entertainment. Updated kitchen with tons of cabinet space. Ceramic back splash, newer counter tops. First floor master with full bath! Tons of features! Schedule your showing today!

Last Listed By

Jeff Glover

KW Professionals License #6501317808 Listed on: 01/28/2016

KW Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2005

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60x120

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,234 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • Unfinished Basement
  • Sump Pump

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Hemingway's Plat Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0902436004
  • $6,540 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,992

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 2005
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Room Count: 11
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Range/Stove
  • Sq Ft Combined: 2234
  • Total Sq Ft: 2234
  • Sq Ft Total Bsmt: 1533

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exterior Features: Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 60
  • Porch Type: Deck
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Lake Orion

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1411176.4706
  • Lot Size Area: 0.17
  • Lot Dimensions: 60X120
  • Parcel Number: 0902436004

Tax Info

  • Tax Amount Summer: 3125.0000
  • Tax Amount Winter: 867.0000
  • Total Tax: 3992.0000

MLS Schools

  • School District: Lake Orion

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2016
Closed on
Mar 31, 2016
Sold by
Povilaitis Edward and Povilaitis Edward P
Bought by
Brown Gordon and Brown Jennifer L
Seller's Agent
Jeff Glover
KW Professionals
Buyer's Agent
Brian Hill
Metropolitan Real Estate Group
List Price
$239,900
Sold Price
$218,000
Premium/Discount to List
-$21,900
-9.13%
Total Days on Market
34
Current Estimated Value
$442,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,158
Avg. Annual Appreciation
8.03%
Original Mortgage
$214,051
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 8, 2012
Sold by
Povilaitis Lorraine
Bought by
Povilaitis Edward

Purchase Details

Closed on
May 19, 2007
Sold by
Povilatis Edward P
Bought by
Povilatis Edward P and Povilatis Lorraine

Purchase Details

Closed on
Apr 27, 2006
Sold by
Gallo Homes Inc
Bought by
Povilaitis Edward P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 8, 2004
Sold by
Daenzer Howard J and Daenzer Lucille J
Bought by
American Land Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,500,000
Interest Rate
5.83%
Mortgage Type
Unknown

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
Brown Gordon $218,000 Sterling Title Agency
Povilaitis Edward -- None Available
Povilatis Edward P -- None Available
Povilaitis Edward P $75,000 Chirco Title Company
Gallo Homes Inc -- None Available
American Land Inc -- Lawyers Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Gordon $209,500
Closed Brown Jennifer $214,051
Previous Owner Povilatis Edward P $144,500
Previous Owner Povilaitis Edward P $162,000
Previous Owner American Land Inc $5,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2016 04/01/16 Sold $218,000 -9.1% $98 / Sq Ft
03/02/2016 03/02/16 Pending -- -- --
01/28/2016 01/28/16 For Sale $239,900 -- $107 / 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 $6,302 $206,120 $0 $0
2023 $6,016 $188,620 $0 $0
2022 $6,995 $168,130 $0 $0
2021 $6,691 $164,620 $0 $0
2020 $5,524 $188,190 $0 $0
2019 $4,482 $167,450 $0 $0
2018 $6,348 $140,000 $0 $0
2017 $6,093 $140,000 $0 $0
2016 $4,198 $156,550 $0 $0
2015 -- $141,150 $0 $0
2014 -- $122,450 $0 $0
2011 -- $110,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216008882

Realcomp

APN: 09-02-436-004