NOT LISTED FOR SALE

296 Shady Oaks St Lake Orion, MI 48362

Estimated Value: $383,000 - $419,000

2 Beds
1 Bath
624 Sq Ft
$650/Sq Ft Est. Value

Last Sold September 10, 2024

Last sale price $400,000 $641 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,286/month

41 Days on Market

Highlights

  • Private Waterfront
  • Dock Facilities
  • Ranch Style House
  • Orion Oaks Elementary School Rated A-
  • Deck
  • No HOA

About This Home

As of September 2024

Discover the rare opportunity to own a charming lakefront cottage on one of Lake Orion's most coveted streets! Nestled on a quiet dead-end road, this gem offers a flat property, perfect for creating your dream lakeside retreat. Imagine the potential as you update and personalize this cozy cottage, making it your own sanctuary on beautiful D0llar Bay. Enjoy the spacious deck, ideal for relaxing and taking in the breathtaking lake views. With 35 feet of frontage, there's plenty of room for your boat and water toys, along with a great sandy beach perfect for swimming. Unique to this property is a quaint one-car garage with ample storage. The yard is fenced on 3 sides to the seawall. Dock is included in the sale. Possible two bedrooms in basement. This cottage promises the perfect blend of charm and exclusivity, ready for your creative touch. Schedule your private tour today and see for yourself why this is one of the best streets on Lake Orion.

Last Agent to Sell the Property

Kristin Berry

Epique Realty License #6501389369 Listed on: 07/17/2024

Epique Realty

Last Buyer's Agent

Kerrie Schneider

Epique Realty License #6501388643

Epique Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1940

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 48x119x35x122
  • Private Waterfront
  • 35 Feet of Waterfront
  • Lake Front

Parking

  • 1 Car Detached Garage

Home Design

  • 624 Sq Ft Home
  • Ranch Style House
  • Block Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Seawall
  • Dock Facilities
  • Boat Facilities
  • Deck

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Partially Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 0910209009

Community Details

Overview

  • No Home Owners Association
  • Kelly's Sub Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,175

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 88.00
  • Year Built: 1940
  • State Equalized Value: 121660.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 9
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished, Walk-Out Access
  • Sq Ft Combined: 1092
  • Sq Ft Lower Floor: 468
  • Total Sq Ft: 624
  • Sq Ft Total Bsmt: 624

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Lake Orion
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Block
  • Frontage Feet: 48
  • Porch Type: Deck
  • Road Frontage Type: Paved
  • Water Frontage Feet: 35.00
  • Waterfront Description: Direct Water Frontage, Lake Front, Private Water Frontage, Water Front

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Well (Existing)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Lake Orion

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.12
  • Lot Dimensions: 48x119x35x122
  • Parcel Number: 0910209009

Tax Info

  • Tax Amount Summer: 1410.0000
  • Tax Amount Winter: 765.0000
  • Total Tax: 2175.0000
  • Taxable Value: 58760.0000

Multi Family

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

MLS Schools

  • School District: Lake Orion

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2024
Closed on
Sep 10, 2024
Sold by
Hill Harvey H and Hill Nancy M
Bought by
Schneider Kerrie and Schneider Stephen
Seller's Agent
Kristin Berry
Epique Realty
Buyer's Agent
Kerrie Schneider
Epique Realty
List Price
$490,000
Sold Price
$400,000
Premium/Discount to List
-$90,000
-18.37%
Views
55
Current Estimated Value
$405,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,901
Avg. Annual Appreciation
1.46%
Original Mortgage
$300,000
Outstanding Balance
$296,911
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$108,990

Purchase Details

Closed on
Apr 27, 1983
Sold by
Treppa Thelma D and Schneider Dorothy M
Bought by
Hill Nancy M
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
Schneider Kerrie $400,000 None Listed On Document
Schneider Kerrie $400,000 None Listed On Document
Hill Nancy M $9,950 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schneider Kerrie $300,000
Closed Schneider Kerrie $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2024 09/10/24 Sold $400,000 -8.0% $641 / Sq Ft
08/28/2024 08/28/24 Pending -- -- --
08/15/2024 08/15/24 Price Changed $435,000 -2.2% $697 / Sq Ft
08/07/2024 08/07/24 Price Changed $445,000 -5.3% $713 / Sq Ft
07/31/2024 07/31/24 Price Changed $470,000 -4.1% $753 / Sq Ft
07/17/2024 07/17/24 For Sale $490,000 -- $785 / 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 $1,478 $135,580 $0 $0
2023 $1,410 $121,660 $0 $0
2022 $2,082 $103,520 $0 $0
2021 $1,988 $100,600 $0 $0
2020 $1,293 $91,160 $0 $0
2019 $1,843 $85,360 $0 $0
2018 $1,837 $87,390 $0 $0
2017 $1,755 $87,390 $0 $0
2016 $1,747 $79,140 $0 $0
2015 -- $70,750 $0 $0
2014 -- $64,330 $0 $0
2011 -- $45,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240050900

Realcomp

APN: 09-10-209-009