NOT LISTED FOR SALE

340 Lake St Lake Orion, MI 48362

Estimated Value: $233,000 - $277,993

3 Beds
1 Bath
988 Sq Ft
$261/Sq Ft Est. Value

Last Sold September 09, 2022

Last sale price $245,000 $248 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,960/month

48 Days on Market

Highlights

  • Water Views
  • Boat Facilities
  • Colonial Architecture
  • Paint Creek Elementary School Rated A-
  • Lake Privileges
  • Deck

About This Home

As of September 2022

Call Seller directly Lee Ann Moshier (see contact info) for any questions or to schedule an appointment. This is only a MLS Entry. Do not call agent or office. Talk about location!!Quaint and cozy three bedroom, one bath house in the Village of Lake Orion. One car garage with electricity, full basement, private fenced yard surrounded by elite luxury homes. This house has been totally remodeled and updated. Originally built in 1911 and additional sq. footage added on in 1930. Garage was built in 1981. This approximately 988 square foot home has a first floor laundry and first floor bedroom or office. There is a beamed ceiling in the living room that also has a very efficient and cozy original Franklin stove that has been converted to infra-red log with visible flames and a remote control for your convenience. The basement is clean, dry and freshly painted. Rear deck is 8x8. Three season front porch gives you views of Lake Orion. The boat launch is only 300 ft. away. Come see what this home has to offer.

Last Agent to Sell the Property

Trina Forystek

Prime Real Estate & Associates License #6502415991 Listed on: 07/08/2022

Last Buyer's Agent

Non Member

Non-Office License #RCO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1930 | Remodeled in 2022

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 44 x 90
  • Street terminates at a dead end
  • Back Yard Fenced
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Stone Foundation
  • Chimney Cap

Interior Spaces

  • 988 Sq Ft Home
  • 2-Story Property
  • Electric Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Water Views
  • Carbon Monoxide Detectors
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Eco-Friendly Details

  • Energy-Efficient Windows
  • ENERGY STAR/Reflective Roof
  • Energy-Efficient Hot Water Distribution

Outdoor Features

  • Boat Facilities
  • Lake Privileges
  • Deck
  • Enclosed patio or porch
  • Exterior Lighting

Location

  • Ground Level

Utilities

  • Window Unit Cooling System
  • Dehumidifier
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Net Metering or Smart Meter
  • 100 Amp Service
  • ENERGY STAR Qualified Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0902377013

Community Details

Overview

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

Amenities

  • Laundry Facilities

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,788

Year Built

Built in 1930 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1930
  • State Equalized Value: 64430.0000
  • Year Renovated: 2022
  • Foundation Features: Sealed Foundation
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Smoke Alarm, 100 Amp Service, 220 Volts, Cable Available, Carbon Monoxide Alarm(s), Circuit Breakers, De-Humidifier, Programmable Thermostat, Furnished - No, Utility Smart Meter
  • Fireplace: Yes
  • Fireplace Fuel: Electric
  • Fireplace Locations: Dining Room, Living Room
  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Interior Entry, Unfinished
  • Kitchen Appliances: None (Appliances)
  • Sq Ft Combined: 988
  • Total Sq Ft: 988
  • Sq Ft Total Bsmt: 575

Exterior Features

  • Roof Material: ENERGY STAR® Shingles
  • Waterfront Name: Lake Orion
  • Foundation Details: Basement, Michigan Basement
  • Construction Materials: Aluminum
  • Exterior Features: Chimney Cap(s), Lighting, Fenced
  • Foundation Materials: Brick/Mortar, Stone
  • Frontage Feet: 44
  • Porch Type: Deck, Porch - Enclosed, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Waterfront Description: Lake Privileges
  • Fencing: Back Yard, Fenced, Fence Allowed

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Side Entrance, Electricity, Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Window Unit(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Lake Orion

Lot Info

  • Homestead: Yes
  • Lot Features: Dead End Street, Near Golf Course, Level, Water View
  • Lot Size Area: 0.09
  • Lot Dimensions: 44 x 90
  • Parcel Number: 0902377013
  • Soil Type: Top soil, Sand

Green Features

  • Green Energy Efficient: Exposure/Shade, Insulation, Water Heater, Windows, Thermostat
  • Green Water Conservation: Efficient Hot Water Distribution

Tax Info

  • Tax Amount Summer: 1526.6800
  • Tax Amount Winter: 262.1100
  • Total Tax: 1788.0000
  • Taxable Value: 35190.0000

Multi Family

  • Waterfront Features: All Sports Lake, Boat Facilities

MLS Schools

  • School District: Lake Orion

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2024
Sold by
Gilbert Christopher R and Gilbert Cathleen E
Bought by
Gilbert Family Trust and Gilbert
Current Estimated Value
$257,748

Purchase Details

Listed on
Jul 8, 2022
Closed on
Sep 9, 2022
Sold by
Dutchak James M
Bought by
Gilbert Cathleen E and Gilbert Christopher R
Seller's Agent
Trina Forystek
Prime Real Estate & Associates
Buyer's Agent
Non Member
Non-Office
List Price
$279,000
Sold Price
$245,000
Premium/Discount to List
-$34,000
-12.19%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.84%
Original Mortgage
$190,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2022
Sold by
Dyrhak Denise A
Bought by
Durchal James 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
Gilbert Family Trust -- None Listed On Document
Gilbert Cathleen E $245,000 --
Durchal James M -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gilbert Cathleen E $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2022 09/09/22 Sold $245,000 -2.0% $248 / Sq Ft
08/25/2022 08/25/22 Pending -- -- --
08/08/2022 08/08/22 Price Changed $249,900 -5.7% $253 / Sq Ft
07/25/2022 07/25/22 Price Changed $265,000 -5.0% $268 / Sq Ft
07/08/2022 07/08/22 For Sale $279,000 -- $282 / 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 $6,446 $96,030 $0 $0
2023 $4,855 $87,170 $0 $0
2022 $2,282 $69,340 $0 $0
2021 $2,190 $64,430 $0 $0
2020 $1,910 $58,700 $0 $0
2019 $1,657 $53,700 $0 $0
2018 $2,420 $53,700 $0 $0
2017 $2,253 $53,700 $0 $0
2016 $2,235 $49,860 $0 $0
2015 -- $46,250 $0 $0
2014 -- $41,770 $0 $0
2011 -- $38,790 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Trina Forystek

    Prime Real Estate & Associates

    (810) 458-4848

    45 Total Sales

    Trina Forystek
    Section Image

  • N

    Buyer's Agent in 2022

    Non Member

    Non-Office

See All Agents

Map

Source: Realcomp

MLS Number: 20221015983

Realcomp

APN: 09-02-377-013

Michigan Oakland County Lake Orion 48362

340 Lake St, Lake Orion, MI

This home is located at 340 Lake St, Lake Orion, MI 48362 since 08 July 2022 and is currently estimated at $257,748, approximately $260 per square foot. This property was built in 1930. 340 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.

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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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