NOT LISTED FOR SALE

3940 Kelsey Rd Unit 16 Lake Orion, MI 48360

Estimated Value: $504,000 - $573,000

4 Beds
3.5 Baths
2,597 Sq Ft
$209/Sq Ft Est. Value

Last Sold July 15, 2021

Last sale price $374,000 $144 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,026/month

52 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • 2 Car Direct Access Garage
  • Stadium Drive Elementary School Rated A
  • Jetted Tub in Primary Bathroom
  • Porch

About This Home

As of July 2021

Charming 4 bedroom, 3 1/2 bath colonial in the highly desired Silverbell Oaks Subdivision. Finished basement with rec room, office and additional full bath. Master bedroom with vaulted ceiling, large walk in closet and master bath with dual sinks, walk in shower and jetted tub. Conveniently located upper level laundry room. Kitchen with oak cabinets, laminate counters and open to the great room with natural fireplace. Relax on the deck overlooking the backyard. Hanson's windows with transferrable warranty and hot water heater replaced in 2021. Appliances included. Immediate occupancy available. Award winning Lake Orion Schools. Home is back on market due to Buyer's inability to secure financing for the home.

Last Agent to Sell the Property

Keri Sorenson

National Realty Centers, Inc License #6501364767 Listed on: 04/09/2021

National Realty Centers, Inc

Last Buyer's Agent

Julius Harris

EXP Realty LLC License #RCO-6501400925

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1993

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 91x186x129x149
  • Sprinkler System

HOA Fees

  • $23 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,597 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • Finished Basement
  • Sump Pump

Kitchen

  • Built-In Electric Oven
  • Built-In Electric Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Exterior Lighting
  • Porch

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Silver Bell Oaks Occpn 814 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0925352028
  • $10,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,118

Year Built

Built in 1993

Lot Details

0

HOA Fees

$23 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 800.05
  • Year Built: 1993
  • State Equalized Value: 147580.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Humidifier, High Spd Internet Avail, Jetted Tub, Cable Available
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Great Room
  • Room Count: 15
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Built-In Electric Oven, Built-In Electric Range, Dishwasher, Disposal, Dryer, Exhaust Fan, Free-Standing Refrigerator, Microwave, Washer
  • Sq Ft Combined: 3398
  • Sq Ft Lower Floor: 801
  • Total Sq Ft: 2597
  • Sq Ft Total Bsmt: 905

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl, Wood
  • Exterior Features: Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 91
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Direct Access, Electricity, Door Opener, Attached
  • 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)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fee: 275
  • Association Fee: Yes

Schools

  • School District: Lake Orion

Lot Info

  • Homestead: Yes
  • List Price per Acre: 926585.3600
  • Lot Features: Sprinkler(s)
  • Lot Size Area: 0.41
  • Lot Dimensions: 91x186x129x149
  • Parcel Number: 0925352028

Tax Info

  • Tax Amount Summer: 2830.0000
  • Tax Amount Winter: 1288.0000
  • Total Tax: 4118.0000
  • Taxable Value: 117000.0000

MLS Schools

  • School District: Lake Orion

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
Jul 15, 2021
Sold by
Hope Roger Alan
Bought by
Terry Tremeal L
Seller's Agent
Keri Sorenson
National Realty Centers, Inc
Buyer's Agent
Julius Harris
EXP Realty LLC
List Price
$379,900
Sold Price
$374,000
Premium/Discount to List
-$5,900
-1.55%
Current Estimated Value
$485,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,552
Avg. Annual Appreciation
9.57%
Original Mortgage
$361,517
Outstanding Balance
$329,920
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$212,507

Purchase Details

Closed on
Apr 29, 2015
Sold by
Hope Melissa Ann
Bought by
Hope Roger Alan

Purchase Details

Closed on
Feb 26, 2008
Sold by
Burke Douglas Alan and Burke Sharon I
Bought by
Household Finance Corp Iii

Purchase Details

Closed on
Jul 16, 1996
Sold by
Ferguson Donald M
Bought by
Burke Douglas Alan

Purchase Details

Closed on
Apr 20, 1992
Sold by
Silver Bell Ltd Ptns
Bought by
Jaikins Investment Group Inc
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
Terry Tremeal L $374,000 First American Title
Hope Roger Alan -- Attorney
Household Finance Corp Iii $294,381 None Available
Burke Douglas Alan $255,444 --
Jaikins Investment Group Inc $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Terry Tremeal L $361,517
Previous Owner Hope Roger Alan $217,500
Previous Owner Hope Roger Alan $199,430
Previous Owner Hope Roger $8,046
Previous Owner Hope Roger $199,323
Previous Owner Burke Douglas Alan $55,000
Previous Owner Burke Douglas Alan $385,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2021 07/15/21 Sold $374,000 -1.6% $144 / Sq Ft
06/01/2021 06/01/21 Pending -- -- --
05/13/2021 05/13/21 Price Changed $379,900 0.0% $146 / Sq Ft
05/13/2021 05/13/21 For Sale $379,900 -2.6% $146 / Sq Ft
05/02/2021 05/02/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $389,900 -- $150 / 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 $4,133 $192,130 $0 $0
2023 $3,943 $173,990 $0 $0
2022 $5,561 $156,470 $0 $0
2021 $4,157 $149,310 $0 $0
2020 $2,830 $147,580 $0 $0
2019 $5,330 $146,220 $0 $0
2018 $4,884 $139,150 $0 $0
2017 $4,474 $139,150 $0 $0
2016 $4,131 $133,770 $0 $0
2015 -- $123,400 $0 $0
2014 -- $109,970 $0 $0
2011 -- $101,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210024076

Realcomp

APN: 09-25-352-028