NOT LISTED FOR SALE

315 Lake St Lake Orion, MI 48362

Estimated Value: $813,000 - $1,335,890

4 Beds
3.5 Baths
3,233 Sq Ft
$328/Sq Ft Est. Value

Last Sold February 27, 2019

Last sale price $1,172,500 $363 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $6,865/month

97 Days on Market

Highlights

  • 63 Feet of Waterfront
  • Dock Facilities
  • Remodeled in 2018
  • Paint Creek Elementary School Rated A-
  • Cabana
  • Deck

About This Home

As of February 2019

Rare New Construction Masterpiece on Lake Orion! This desirable South facing home features 3200+sf 4 bedrooms 3.5 baths & 2 car garage with a bright open-concept floor plan, spectacular views of the lake and luxurious amenities throughout. The gourmet kitchen with hickory cabinetry, huge pantry, Bosch stainless steel appliances, quartz countertops, opens to large living room with linear fireplace and patio doors going to a covered outdoor deck. The master suite features a private covered balcony, walk-in closet and elegant bathroom with free-standing tub, double-sink vanity, tiled walk-in shower and modern fixtures. Convenient mud room off garage. 2nd floor laundry. Additional 1523sf lower level walkout. Lakeside cabana/boathouse with natural fireplace for entertaining. Sandy beach. Plenty of parking. Aluminum/wood dock included. Short walk to downtown Lake Orion restaurants and amenities. PRICED BELOW APPRAISAL!! Builder offering a one year home warranty. Seller is a licensed agent.

Last Agent to Sell the Property

Kristin Berry

Epique Realty License #6501389369 Listed on: 11/10/2018

Epique Realty

Last Buyer's Agent

Dino Serraiocco

Discover Real Estate License #6502384824

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1910 | Remodeled in 2018

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 62.00x155x63x172
  • 63 Feet of Waterfront
  • Lake Front

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Asphalt Roof
  • Metal Roof

Interior Spaces

  • 3,233 Sq Ft Home
  • 2-Story Property
  • Bar Fridge
  • ENERGY STAR Qualified Ceiling Fan
  • Ceiling Fan
  • Gas Fireplace
  • Awning
  • ENERGY STAR Qualified Windows
  • Great Room with Fireplace
  • Water Views

Kitchen

  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Sump Pump

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Eco-Friendly Details

  • ENERGY STAR/CFL/LED Lights

Outdoor Features

  • Cabana
  • Seawall
  • Dock Facilities
  • Boat Facilities
  • Balcony
  • Deck
  • Covered patio or porch
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • ENERGY STAR Qualified Air Conditioning
  • Heating system powered by renewable energy
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 0902379002

Community Details

Overview

  • No Home Owners Association
  • Payne Axford's Add Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,593

Year Built

Built in 1910 | Remodeled in 2018

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Contemporary
  • Architecture Level: 2 Story
  • Year Built: 1910
  • Year Renovated: 2018
  • Foundation Features: Sump Pump
  • Pets Allowed: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: ENERGY STAR® Qualified Exhaust Fan(s), ENERGY STAR® Qualified Light Fixture(s), ENERGY STAR® Qualified Window(s), High Spd Internet Avail, Programmable Thermostat
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Room Count: 14
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished, Walkout Access
  • Kitchen Appliances: Bar Fridge, Dishwasher, Disposal, Dryer, ENERGY STAR® qualified dishwasher, ENERGY STAR® qualified refrigerator, Microwave, Range/Stove, Washer
  • Sq Ft Combined: 3233
  • Total Sq Ft: 3233
  • Sq Ft Total Bsmt: 1523

Exterior Features

  • Roof Material: Asphalt, Metal
  • Waterfront Name: Lake Orion
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Composition, Wood
  • Construction Features: New Construction
  • Exterior Features: Awning/Overhang(s), Cabana
  • Foundation Materials: Poured
  • Frontage Feet: 155
  • Porch Type: Balcony, Deck, Patio, Porch - Covered
  • Road Frontage Type: Paved
  • Water Frontage Feet: 63.00
  • Waterfront Description: Lake Front

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, ENERGY STAR® Qualified A/C Equipment, ENERGY STAR® Qualified Ceiling Fan(s)
  • Heating: ENERGY STAR® Qualified Furnace Equipment, Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Electric
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Lake Orion

Lot Info

  • List Price per Acre: 5430434.7826
  • Lot Features: Water View
  • Lot Size Area: 0.23
  • Lot Dimensions: 62.00X155x63x172
  • Parcel Number: 0902379002

Tax Info

  • Tax Amount Summer: 4282.0000
  • Tax Amount Winter: 1311.0000
  • Total Tax: 5593.0000

Multi Family

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

MLS Schools

  • School District: Lake Orion

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2018
Closed on
Feb 27, 2019
Sold by
Fix N Flip Homes Llc
Bought by
Majewski Mark and Majewski Heidi
Seller's Agent
Kristin Berry
Epique Realty
Buyer's Agent
Dino Serraiocco
Discover Real Estate
List Price
$1,249,000
Sold Price
$1,172,500
Premium/Discount to List
-$76,500
-6.12%
Current Estimated Value
$1,060,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$112,277
Avg. Annual Appreciation
-0.31%
Original Mortgage
$75,000
Outstanding Balance
$51,132
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$1,097,955

Purchase Details

Closed on
Nov 22, 2016
Sold by
Chuey Donald D and Chuey Rosemary
Bought by
Fix N Flip Homes Llc and Gk Property Solutions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.52%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 23, 2014
Sold by
Chuey Donald D and Chuey Rosemary L
Bought by
Chuey Family Trust
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
Majewski Mark $1,172,500 None Available
Fix N Flip Homes Llc $305,000 Ata National Title Group Llc
Chuey Family Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Majewski Mark $75,000
Previous Owner Fix N Flip Homes Llc $160,000
Previous Owner Zlka Kelly $325,000
Previous Owner Fix N Flip Homes Llc $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2019 02/27/19 Sold $1,172,500 -6.1% $363 / Sq Ft
02/15/2019 02/15/19 Pending -- -- --
11/10/2018 11/10/18 For Sale $1,249,000 -- $386 / 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
2019 $15,034 $487,250 $0 $0
2018 $2,025 $199,170 $0 $0
2017 $2,610 $199,170 $0 $0
2016 $5,494 $178,050 $0 $0
2015 -- $170,080 $0 $0
2014 -- $153,710 $0 $0
2011 -- $125,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kristin Berry

    Seller's Agent in 2019

    Kristin Berry

    Epique Realty

    (248) 860-9146

    40 Total Sales

    Section Image
  • Dino Serraiocco

    Buyer's Agent in 2019

    Dino Serraiocco

    Discover Real Estate

    (586) 770-6565

    50 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 218109605

Realcomp

APN: 09-02-379-002

Michigan Oakland County Lake Orion 48362

315 Lake St, Lake Orion, MI

This home is located at 315 Lake St, Lake Orion, MI 48362 since 10 November 2018 and is currently estimated at $1,060,223, approximately $327 per square foot. This property was built in 1910. 315 Lake St is a home located in Oakland County with nearby schools including Paint Creek Elementary School, Oakview 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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