NOT LISTED FOR SALE

362 Oak Ln Lake Orion, MI 48362

Estimated Value: $489,000 - $541,000

3 Beds
1 Bath
1,100 Sq Ft
$473/Sq Ft Est. Value

Last Sold August 01, 2022

Last sale price $429,900 $391 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,708/month

27 Days on Market

Highlights

  • 44 Feet of Waterfront
  • No HOA
  • Bungalow
  • Paint Creek Elementary School Rated A-
  • 1.5 Car Detached Garage
  • Fireplace in Basement

About This Home

As of August 2022

1920's Charmer on All Sports Lake Orion. Very well preserved and maintained. Enter the home through a sweet covered alcove that welcomes you into an open floor plan home. 1st floor bedroom, living room with natural fireplace, dining room and kitchen all with lake views. 2 nice size bedrooms upstairs with the same charm as the rest of the home. Walk out lower level with a cozy family room and fireplace. Storage/Utility/Laundry Area + possible 4th bedroom and work room. Lower level covered porch offers a cool space to relax. Beautifully maintained gardens surround the home. Great location on the lake and on a dead end Street. 1 1/2 car garage.

Last Agent to Sell the Property

Paula Alliston

Berkshire Hathaway HomeServices Kee Realty Oxford License #6501314390 Listed on: 05/27/2022

Berkshire Hathaway HomeServices Kee Realty Oxford

Co-Listed By

Elaine Alliston

Berkshire Hathaway HomeServices Kee Realty Oxford License #6501432934

Last Buyer's Agent

Angelee Dobbins

Max Broock, REALTORS®-Birmingham License #RCO-6501375186

Max Broock, REALTORS®-Birmingham

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1920

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 44 x 143 x 38 x 136
  • 44 Feet of Waterfront
  • Lake Front
  • Fenced

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof
  • Stone Siding
  • Chimney Cap
  • Vinyl Construction Material

Interior Spaces

  • 1,100 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace

Kitchen

  • Free-Standing Electric Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Fireplace in Basement

Parking

  • 1.5 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Exterior Lighting
  • Shed
  • Rain Gutter Guard System

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 0902303004
  • $2,000 Seller Concession

Community Details

Overview

  • No Home Owners Association
  • Orion Summer Home Co's Sub Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,104

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 2 Story
  • Assessment: 364.42
  • Year Built: 1920
  • State Equalized Value: 142420.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Fireplace: Yes
  • Fireplace Fuel: Gas, Natural
  • Fireplace Locations: Basement, Family Room
  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Electric Oven, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 1450
  • Sq Ft Lower Floor: 350
  • Total Sq Ft: 1100
  • Sq Ft Total Bsmt: 450

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Lake Orion
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Stone, Vinyl
  • Exclusions: Yes
  • Exterior Features: Chimney Cap(s), Gutter Guard System, Lighting, Fenced
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Road Frontage Type: Paved
  • Water Frontage Feet: 44.00
  • Waterfront Description: Lake Front
  • Fencing: Fenced

Garage/Parking

  • Garage Size: 1.5 Car
  • Garage Features: Electricity, Door Opener, Side Entrance, Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Lake Orion

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.13
  • Lot Dimensions: 44 x 143 x 38 x 136
  • Parcel Number: 0902303004

Tax Info

  • Tax Amount Summer: 3110.0000
  • Tax Amount Winter: 994.0000
  • Total Tax: 4104.0000
  • Taxable Value: 84530.0000

Multi Family

  • Waterfront Features: All Sports Lake

MLS Schools

  • School District: Lake Orion

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2023
Sold by
Bourne-Nido Margaret Elizabeth
Bought by
Bourne-Nido Margaret Elizabeth and Doyle Shannon
Current Estimated Value
$520,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Outstanding Balance
$83,309
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$412,228

Purchase Details

Listed on
May 27, 2022
Closed on
Aug 1, 2022
Sold by
Kay Gillis Ellen
Bought by
Bourne-Nido Margaret Elizabeth
Seller's Agent
Paula Alliston
Berkshire Hathaway HomeServices Kee Realty Oxford
Buyer's Agent
Angelee Dobbins
Max Broock, REALTORS®-Birmingham
List Price
$499,900
Sold Price
$429,900
Premium/Discount to List
-$70,000
-14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.72%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bourne-Nido Margaret Elizabeth -- None Listed On Document
Bourne-Nido Margaret Elizabeth $427,900 Premier Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bourne-Nido Margaret Elizabeth $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2022 08/01/22 Sold $429,900 0.0% $391 / Sq Ft
06/24/2022 06/24/22 Pending -- -- --
06/20/2022 06/20/22 Price Changed $429,900 -7.5% $391 / Sq Ft
06/07/2022 06/07/22 Price Changed $465,000 -7.0% $423 / Sq Ft
05/27/2022 05/27/22 For Sale $499,900 -- $454 / 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 $10,537 $197,330 $0 $0
2023 $9,806 $179,350 $0 $0
2022 $4,002 $143,170 $0 $0
2021 $4,104 $142,420 $0 $0
2020 $3,088 $134,110 $0 $0
2019 $2,865 $127,400 $0 $0
2018 $3,879 $128,590 $0 $0
2017 $3,487 $128,590 $0 $0
2016 $3,465 $114,610 $0 $0
2015 -- $108,980 $0 $0
2014 -- $99,440 $0 $0
2011 -- $81,490 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Paula Alliston

    Seller's Agent in 2022

    Paula Alliston

    Berkshire Hathaway HomeServices Kee Realty Oxford

    (248) 877-5770

    66 Total Sales

    Paula Alliston
    Section Image

  • E

    Seller Co-Listing Agent in 2022

    Elaine Alliston

    Berkshire Hathaway HomeServices Kee Realty Oxford

    (586) 840-0400

    52 Total Sales

    Elaine Alliston
    Section Image

  • A

    Buyer's Agent in 2022

    Angelee Dobbins

    Max Broock, REALTORS®-Birmingham

    (248) 752-6714

    31 Total Sales

    Angelee Dobbins
    Section Image
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Map

Source: Realcomp

MLS Number: 2220040749

Realcomp

APN: 09-02-303-004

Michigan Oakland County Lake Orion 48362

362 Oak Ln, Lake Orion, MI

This home is located at 362 Oak Ln, Lake Orion, MI 48362 since 27 May 2022 and is currently estimated at $520,478, approximately $473 per square foot. This property was built in 1920. 362 Oak Ln 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
Copyright 2025 Realcomp II Ltd. Shareholders
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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