$130,924
SOLD NOV 20, 2015

2702 Lance St Lake Orion, MI 48360

5 Beds
3 Baths
2,008 Sq Ft
0.44 Acres

Recently Sold

$65 Per Sq Ft

23% Below List Price

96 Days on Market

Highlights

  • No HOA
  • Porch
  • Patio
  • Stadium Drive Elementary School Rated A
  • 2 Car Attached Garage
  • Bungalow

About This Home

As of July 2016

SEE AGENT REMARKS for showing instructions and offer submission. REO - BANK OWNED. PROPERTY SOLD “AS IS” WITHOUT REPAIR, WARRANTY OR SELLER DISCLOSURE. SELLER WILL NOT ACTIVATE ANY UTILTIES - BUYER IS RESPONSIBLE FOR INSPECTIONS. Water activation not authorized; air pressure test only. Listing Broker & Seller assume no responsibility & make no guarantees/warranties or representations as to the availability or accuracy of the property information, photographs or other information depicted/described herein. Web Technology fee of $299 and possible buyer’s premium. SHOWING ID: 0007090693628

Last Agent to Sell the Property

Logan Farrer

Realhome Services and Solutions Inc License #6502391260 Listed on: 07/29/2015

Last Buyer's Agent

Non Participant

Non Realcomp Office License #RCO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1960

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 100x190

Parking

  • 2 Car Attached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction

Interior Spaces

  • 2,008 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Perry Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0923403026

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,128

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1960
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 9
  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2008
  • Total Sq Ft: 2008
  • Sq Ft Total Bsmt: 1040

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Frontage Feet: 100
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • 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: 340000.0000
  • Lot Size Area: 0.44
  • Lot Dimensions: 100X190
  • Parcel Number: 0923403026

Tax Info

  • Tax Amount Summer: 1514.0000
  • Tax Amount Winter: 614.0000
  • Total Tax: 2128.0000

MLS Schools

  • School District: Lake Orion

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2020
Sold by
Mains Kurt A
Bought by
Mains Jennifer
Current Estimated Value
$403,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Outstanding Balance
$182,897
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$192,860

Purchase Details

Listed on
May 11, 2016
Closed on
Jul 25, 2016
Sold by
Senior Home Vestors 38 Llc
Bought by
Mains Kurt A and Mains Jennifer
Seller's Agent
Richard Rosen
Fresh Start Homes
Buyer's Agent
David Smyth
Brookstone, Realtors LLC
List Price
$214,900
Sold Price
$205,000
Premium/Discount to List
-$9,900
-4.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.93%
Original Mortgage
$164,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 29, 2015
Closed on
Nov 3, 2015
Sold by
Hsbc Bank Usa National Association
Bought by
Senior Home Vestors 38 Llc
Seller's Agent
Logan Farrer
Realhome Services and Solutions Inc
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$169,600
Sold Price
$130,924
Premium/Discount to List
-$38,676
-22.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
93.36%
Original Mortgage
$130,495
Interest Rate
3.78%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 23, 2014
Sold by
Herrera Ignacio and Herrera Maria Y
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Sep 15, 2006
Sold by
Cummings Janath M
Bought by
Herrara Ignacio and Herrara Maria Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.9%
Mortgage Type
Balloon
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
Interfamily Deed Transfer -- Vanguard Title Company
Warranty Deed $205,000 First American Title Ins Co
Special Warranty Deed $125,000 Premium Title Services Inc
Sheriffs Deed $181,799 None Available
Warranty Deed $225,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $204,000 New Conventional
Closed $164,000 New Conventional
Previous Owner $130,495 Stand Alone Refi Refinance Of Original Loan
Previous Owner $180,000 Balloon
Previous Owner $45,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2016 07/25/16 Sold $205,000 -4.6% $97 / Sq Ft
06/11/2016 06/11/16 Pending -- -- --
05/11/2016 05/11/16 For Sale $214,900 +64.1% $102 / Sq Ft
11/20/2015 11/20/15 Sold $130,924 -22.8% $65 / Sq Ft
11/02/2015 11/02/15 Pending -- -- --
07/29/2015 07/29/15 For Sale $169,600 -- $84 / 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 $2,897 $149,550 $0 $0
2023 $2,763 $134,470 $0 $0
2022 $3,897 $128,730 $0 $0
2021 $3,720 $121,930 $0 $0
2020 $2,532 $115,790 $0 $0
2019 $3,445 $112,180 $0 $0
2018 $3,435 $98,290 $0 $0
2017 $3,280 $98,290 $0 $0
2016 $4,816 $93,420 $0 $0
2015 -- $86,240 $0 $0
2014 -- $72,510 $0 $0
2011 -- $64,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 215080186

Realcomp

APN: 09-23-403-026