$275,000
SOLD APR 26, 2017

2548 Mercury Dr Lake Orion, MI 48360

5 Beds
4.5 Baths
2,504 Sq Ft
0.27 Acres

Recently Sold

$110 Per Sq Ft

39 Days on Market

Highlights

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

About This Home

As of October 2017

Your summer will be spent at KHA Beach swimming, boating, playing volleyball, or having a cookout with friends and family. When the day is done come back to this fantastic Keatington home. The extensive basement is great for entertaining, the pool table and accessories stay to get you started! You will have plenty of room for guests inside and out. The large deck offers a great space for entertaining or relaxing. This well maintained home includes new thermostat, furnace, A/C, and water heater updated in 2015.
Agent related to sellers. BATVAI

Last Agent to Sell the Property

Michelle Manare

Temporary Inactive Users License #6501382766 Listed on: 01/01/2017

Last Buyer's Agent

Kimberly Pratt

Luxury Living Real Estate License #6501202457

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1974 | Remodeled in 2010

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 87x180
  • Property fronts a private road

HOA Fees

  • $12 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,504 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bar Fridge
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Partially Finished Basement
  • Sump Pump

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

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
  • Humidifier
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0920428008

Community Details

Overview

  • Khalivingisavacation.Com Association
  • Keatington Sub No 5 Subdivision
  • Swim Association

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,558

Year Built

Built in 1974 | Remodeled in 2010

Lot Details

0

HOA Fees

$12 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Cape Cod
  • Architecture Level: 2 Story
  • Year Built: 1974
  • Year Renovated: 2010
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Humidifier, Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Gas, Natural
  • Fireplace Locations: Living Room
  • Room Count: 14
  • Total Bedrooms: 5
  • Total Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Bar Fridge, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • 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
  • Exterior Features: Satellite Dish
  • Foundation Materials: Poured
  • Frontage Feet: 87
  • Porch Type: Deck, Patio, Porch
  • Road Frontage Type: Paved, Private
  • 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: 140
  • Association Contact: KHAlivingisavacation.com
  • Association Fee: Yes

Schools

  • School District: Lake Orion

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1018518.5185
  • Lot Size Area: 0.27
  • Lot Dimensions: 87X180
  • Parcel Number: 0920428008

Tax Info

  • Tax Amount Summer: 1819.0000
  • Tax Amount Winter: 739.0000
  • Total Tax: 2558.0000

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
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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 Type Sale Price Title Company
Warranty Deed $300,000 First American Title
Deed $222,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $285,000 New Conventional
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

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Map

Source: Realcomp

MLS Number: 216119049

Realcomp

APN: 09-20-428-008