NOT LISTED FOR SALE

345 E Silverbell Rd Lake Orion, MI 48360

Estimated Value: $312,000 - $333,191

3 Beds
1 Bath
1,369 Sq Ft
$234/Sq Ft Est. Value

Last Sold October 02, 2012

Last sale price $120,000 $88 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $1,927/month

26 Days on Market

Highlights

  • Ranch Style House
  • Porch
  • Patio
  • Stadium Drive Elementary School Rated A
  • 2 Car Attached Garage
  • Fireplace in Basement

About This Home

As of October 2012

SUBMIT HIGHEST & BEST OFFERS NO LATER THAN JULY 18, 2012, AT 3pm. BRICK RANCH BUILT IN 1960 WITH COVED CEILINGS, UPDATED KITCHEN, FIREPLACE IN LIVING ROOM AND BASEMENT; FULL BASEMENT WITH PLENTY OF STORAGE, EXCELLENT LOCATION TO I-75 FOR COMMUTING; AWARD WINNING LAKE ORION SCHOOL DISTRICT

Last Agent to Sell the Property

Audrey Letsinger

Temporary Inactive Users License #6501271160 Listed on: 07/10/2012

Last Buyer's Agent

Connie LaBarge Thomas

RE/MAX First License #6504227563

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1960

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 110x160

HOA Fees

  • $2 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 1,369 Sq Ft Home
  • Living Room with Fireplace
  • Unfinished Basement
  • Fireplace in Basement

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Shed
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • Hi Hill Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0926480014
  • $550 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,739

Year Built

Built in 1960

Lot Details

0

HOA Fees

$2 per month

Listing Details

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

Interior Features

  • Interior Amenities: Cable Available
  • Fireplace: Yes
  • Fireplace Locations: Basement, Living Room
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal
  • Total Sq Ft: 1369

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick, Stone
  • Construction Features: Platted Sub.
  • Exterior Features: Shed
  • 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: 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: 25
  • Association Fee: No

Lot Info

  • Homestead: Yes
  • List Price per Acre: 337250.0000
  • Lot Size Area: 0.40
  • Lot Dimensions: 110X160
  • Parcel Number: 0926480014

Tax Info

  • Tax Amount Summer: 1369.0000
  • Tax Amount Winter: 370.0000
  • Total Tax: 1739.0000

MLS Schools

  • School District: Lake Orion

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2012
Closed on
Aug 20, 2012
Sold by
West Bank Fsb
Bought by
Bank Of Americas Na
Seller's Agent
Audrey Letsinger
Temporary Inactive Users
Buyer's Agent
Connie LaBarge Thomas
RE/MAX First
List Price
$134,900
Sold Price
$120,000
Premium/Discount to List
-$14,900
-11.05%
Current Estimated Value
$322,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,476
Avg. Annual Appreciation
7.65%

Purchase Details

Closed on
Feb 21, 2012
Sold by
Olsen Margaret O and Margaret R Olsen Trust
Bought by
One West Bank Fsb

Purchase Details

Closed on
Aug 3, 2006
Sold by
Olsen Margaret R and Olsen Nels V
Bought by
Olsen Margaret R and The Margaret R Olsen Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.67%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bank Of Americas Na -- E Title
One West Bank Fsb $108,000 None Available
Olsen Margaret R -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olsen Margaret R $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2012 10/02/12 Sold $120,000 -11.0% $88 / Sq Ft
08/05/2012 08/05/12 Pending -- -- --
07/10/2012 07/10/12 For Sale $134,900 -- $99 / 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
2025 $2,868 $138,980 $0 $0
2024 $1,921 $134,930 $0 $0
2023 $1,833 $121,670 $0 $0
2022 $2,586 $116,480 $0 $0
2021 $2,468 $102,990 $0 $0
2020 $1,680 $98,250 $0 $0
2019 $2,285 $96,340 $0 $0
2018 $2,279 $96,180 $0 $0
2017 $2,176 $96,180 $0 $0
2016 $2,169 $91,790 $0 $0
2015 -- $84,200 $0 $0
2014 -- $71,940 $0 $0
2011 -- $60,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2012

    Audrey Letsinger

    Temporary Inactive Users

  • Connie LaBarge Thomas

    Buyer's Agent in 2012

    Connie LaBarge Thomas

    RE/MAX

    (248) 882-6566

    17 in this area

    120 Total Sales

    Connie LaBarge Thomas
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Map

Source: Realcomp

MLS Number: 212071100

Realcomp

APN: 09-26-480-014

Michigan Oakland County Lake Orion 48359

345 E Silverbell Rd, Lake Orion, MI

Not Listed for Sale

Detached

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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