Seller's Agent in 2023
Kathleen Sanchez
Real Estate One
(248) 969-8018
15 in this area
66 Total Sales
367 Oak Ln Lake Orion, MI 48362
Estimated Value: $314,000 - $497,000
3
Beds
2
Baths
1,152
Sq Ft
$373/Sq Ft
Est. Value
Highlights
- 159 Feet of Waterfront
- Deck
- Hot Water Heating System
- Paint Creek Elementary School Rated A-
- No HOA
About This Home
As of August 2023Your Chance to Secure a Double Lakefront Location with House on Lake Orion and Enchanting Life on “The Lake” ***
This Spot is Spectacular *** Oak Lane, A Dead-End Street Boasts only a Hand Full of Houses and This House is the Only One on North Side of Street.
You Will Not Be Cramped Here, No House is Nearby so Plenty of Room to Rehab, Add on or Start Over ***
Original Owner Thoughtfully Designed the House to Offer Bewitching Angles, via Use of Post and Beam Construction ***
Full Basement is Noteworthy with a Walk Out Towards the Lake *** Two Road Frontages Help Insure No Other Houses Nearby and Ample Parking, Another Unique Feature that Can Be so Rare on the Lake.
Full Brick Fireplace *** Two Slides to Deck Offer Paramount Views of the Lake *** Plenty of Mature Trees add to Seclusion and Tranquil Atmosphere ***
This Property Needs a Total Redo Top to Bottom *** Property is being sold “as-is, where-is” CASH only.
Please stay off the deck!
Last Agent to Sell the Property
Real Estate One-Oxford License #6501263015 Listed on: 07/24/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
Year Built
- Built in 1928 | Remodeled in 1968
Lot Details
- 0.3 Acre Lot
- Lot Dimensions are 218 x 159 x 122 x 72
- 159 Feet of Waterfront
- Lake Front
- Street terminates at a dead end
- Irregular Lot
Home Design
- Block Foundation
- Asphalt Roof
Interior Spaces
- 1,152 Sq Ft Home
- 2-Story Property
- Great Room with Fireplace
- Unfinished Basement
- Walk-Out Basement
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Utilities
- Hot Water Heating System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Additional Features
- Deck
- Ground Level
Listing and Financial Details
- Assessor Parcel Number 0902301004
Community Details
Overview
- No Home Owners Association
Recreation
- Water Sports
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 26, 2024
Sold by
Helms Kevin E and Helms Sara L
Bought by
Woods Timothy and Woods Dawn
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,500
Outstanding Balance
$397,563
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$32,426
Purchase Details
Listed on
Jul 24, 2023
Closed on
Aug 11, 2023
Sold by
Heslip Patrick
Bought by
Helms Kevin E and Helms Sara L
Seller's Agent
Kathleen Sanchez
Real Estate One-Oxford
Buyer's Agent
Brian Bischer
Utica Realty LLC
List Price
$400,000
Sold Price
$360,000
Premium/Discount to List
-$40,000
-10%
Views
120
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.66%
Purchase Details
Listed on
Jul 24, 2023
Closed on
Aug 1, 2023
Sold by
Borg Richard A
Bought by
Borg Richard A and Heslip Patrick
Seller's Agent
Kathleen Sanchez
Real Estate One-Oxford
Buyer's Agent
Brian Bischer
Utica Realty LLC
List Price
$400,000
Sold Price
$360,000
Premium/Discount to List
-$40,000
-10%
Views
120
Purchase Details
Closed on
Apr 23, 1998
Sold by
Borg Pauline
Bought by
Borg Richard
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7.25%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Woods Timothy | $459,000 | None Listed On Document | |
| Woods Timothy | $459,000 | None Listed On Document | |
| Helms Kevin E | $360,000 | None Listed On Document | |
| Helms Kevin E | $360,000 | None Listed On Document | |
| Borg Richard A | -- | None Listed On Document | |
| Borg Richard | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Woods Timothy | $409,500 | |
| Closed | Woods Timothy | $409,500 | |
| Previous Owner | Borg Richard | $25,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/10/2023 08/10/23 | Sold | $360,000 | -10.0% | $313 / Sq Ft |
| 08/03/2023 08/03/23 | Pending | -- | -- | -- |
| 07/24/2023 07/24/23 | For Sale | $400,000 | -- | $347 / Sq Ft |
Source: Realcomp
Tax History Compared to Growth
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 | $7,960 | $145,810 | $0 | $0 |
| 2023 | $3,567 | $174,740 | $0 | $0 |
| 2022 | $4,577 | $142,260 | $0 | $0 |
| 2021 | $4,392 | $141,240 | $0 | $0 |
| 2020 | $3,276 | $125,120 | $0 | $0 |
| 2019 | $3,074 | $121,500 | $0 | $0 |
| 2018 | $4,151 | $120,820 | $0 | $0 |
| 2017 | $3,748 | $120,820 | $0 | $0 |
| 2016 | $3,723 | $106,080 | $0 | $0 |
| 2015 | -- | $98,600 | $0 | $0 |
| 2014 | -- | $94,560 | $0 | $0 |
| 2011 | -- | $87,540 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kathleen Sanchez
-
Brian Bischer
B
Buyer's Agent in 2023
Brian Bischer
Utica Realty LLC
(248) 875-6962
12 in this area
21 Total Sales
Map
Source: Realcomp
MLS Number: 20230059938
APN: 09-02-301-004
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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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