NOT LISTED FOR SALE

2548 Mercury Dr Lake Orion, MI 48360

Estimated Value: $464,000 - $514,000

5 Beds
4.5 Baths
2,504 Sq Ft
$195/Sq Ft Est. Value

Last Sold October 02, 2017

Last sale price $300,000 $120 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,911/month

22 Days on Market

Highlights

  • Dock Facilities
  • Lake Privileges
  • Deck
  • Webber School Rated A
  • Cape Cod Architecture
  • Porch

About This Home

As of October 2017

Spend your summers at the beach or boating on Lake Voorheis. This beautiful, well kept, spacious 5 bedroom home in Keatington Sub offers updating and fresh paint throughout, bright, open functional kitchen, two large suites in the upper level and three additional bedrooms on main floor, 4.5 bathrooms, finished basement for indoor entertaining, expansive deck for outdoor entertaining and newer mechanicals. This one will not last!

Last Agent to Sell the Property

Kimberly Pratt

Luxury Living Real Estate License #6501202457 Listed on: 07/31/2017

Last Buyer's Agent

Makenna Mejeur

Temporary Inactive Users License #RCO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1974

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 87x180

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 2,504 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Finished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Dock Facilities
  • Boat Facilities
  • Lake Privileges
  • Deck
  • Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 0920428008
  • $1,000 Seller Concession

Community Details

Overview

  • Keatington Sub No 5 Subdivision
  • Swim Association

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,820

Year Built

Built in 1974

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Cape Cod
  • Architecture Level: 1 1/2 Story
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Gas, Natural
  • Fireplace Locations: Family Room
  • Room Count: 14
  • Total Bedrooms: 5
  • Total Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Range/Stove
  • Sq Ft Combined: 3769
  • Sq Ft Lower Floor: 1265
  • Total Sq Ft: 2504
  • Sq Ft Total Bsmt: 1596

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Lake Voorheis
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Construction Features: Platted Sub.
  • Foundation Materials: Poured
  • Frontage Feet: 87
  • Porch Type: Deck, Patio, Porch
  • Road Frontage Type: Paved
  • Waterfront Description: Lake/River Priv

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Door Opener, Electricity, Side Entrance
  • 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 Frequency: Annually
  • Association Fee: 150
  • Association Fee: Yes

Schools

  • School District: Lake Orion

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1070370.3704
  • Lot Size Area: 0.27
  • Lot Dimensions: 87X180
  • Parcel Number: 0920428008

Tax Info

  • Tax Amount Summer: 1886.0000
  • Tax Amount Winter: 934.0000
  • Total Tax: 2820.0000

Multi Family

  • Waterfront Features: All Sports Lake, Boat Facilities, Dock Facilities, Swim Association

MLS Schools

  • School District: Lake Orion

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2017
Closed on
Oct 2, 2017
Sold by
Rae Kathleen
Bought by
Friend Alex and Friend Laura
Seller's Agent
Kimberly Pratt
Luxury Living Real Estate
Buyer's Agent
Makenna Mejeur
Temporary Inactive Users
List Price
$299,000
Sold Price
$300,000
Premium/Discount to List
$1,000
0.33%
Current Estimated Value
$488,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,550
Avg. Annual Appreciation
5.14%
Original Mortgage
$285,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 1997
Sold by
Ratliff Lee B
Bought by
Manare Douglas E
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
Friend Alex $300,000 First American Title
Manare Douglas E $222,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Friend Alex $285,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2017 10/02/17 Sold $300,000 +3.8% $120 / Sq Ft
08/22/2017 08/22/17 Pending -- -- --
08/08/2017 08/08/17 Price Changed $289,000 -3.3% $115 / Sq Ft
07/31/2017 07/31/17 For Sale $299,000 +8.7% $119 / Sq Ft
04/26/2017 04/26/17 Sold $275,000 0.0% $110 / Sq Ft
02/09/2017 02/09/17 Pending -- -- --
01/29/2017 01/29/17 Price Changed $275,000 -3.5% $110 / Sq Ft
01/05/2017 01/05/17 Price Changed $285,000 -3.4% $114 / Sq Ft
01/02/2017 01/02/17 Price Changed $295,000 +7.3% $118 / Sq Ft
01/01/2017 01/01/17 For Sale $275,000 -- $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
2024 $3,815 $183,380 $0 $0
2023 $3,639 $167,270 $0 $0
2022 $5,132 $155,980 $0 $0
2021 $4,894 $149,360 $0 $0
2020 $3,331 $140,940 $0 $0
2019 $4,532 $136,050 $0 $0
2018 $4,519 $126,250 $0 $0
2017 $2,830 $126,250 $0 $0
2016 $2,820 $117,780 $0 $0
2015 -- $105,330 $0 $0
2014 -- $92,350 $0 $0
2011 -- $77,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Kimberly Pratt

    Luxury Living Real Estate

  • M

    Seller's Agent in 2017

    Michelle Manare

    Temporary Inactive Users

  • M

    Buyer's Agent in 2017

    Makenna Mejeur

    Temporary Inactive Users

  • L

    Buyer Co-Listing Agent in 2017

    Laura Henao

    Temporary Inactive Users

See All Agents

Map

Source: Realcomp

MLS Number: 217067469

Realcomp

APN: 09-20-428-008

Michigan Oakland County Lake Orion 48360

2548 Mercury Dr, Lake Orion, MI

This home is located at 2548 Mercury Dr, Lake Orion, MI 48360 since 31 July 2017 and is currently estimated at $488,550, approximately $195 per square foot. This property was built in 1974. 2548 Mercury Dr is a home located in Oakland County with nearby schools including Webber School, Waldon 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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