NOT LISTED FOR SALE

4102 Commerce Rd Orchard Lake, MI 48324

Estimated Value: $333,454 - $440,000

1.44 Acres
$258,933 Price per Acre
62,726 Sq Ft Lot

Last Sold October 19, 2018

Last sale price $225,000

Est. 66% increase in value since last sale

Current estimated payment $2,496/month

93 Days on Market

Highlights

  • 200 Feet of Waterfront
  • 1.44 Acre Lot
  • Wooded Lot
  • Roosevelt Elementary School Rated A-

About This Lot

As of October 2018

REMARKABLE OPPORTUNITY TO LIVE IN THE CITY OF ORCHARD LAKE WITH DEEDED EASEMENTS ON CASS & ORCHARD LAKES. INCREDIBLE AREA OF ESTATE MULTI-MILLION DOLLAR HOMES. NESTLED AMONG THE TREES WITH LAKE VIEWS. ENJOY LAKE LIVING IN AN INCOMPRABLE LOCATION.

Last Listed By

Melanie Bishop

KW Domain License #6501217402 Listed on: 07/11/2018

KW Domain

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 1.44 Acre Lot
  • Lot Dimensions are 208x301
  • 200 Feet of Waterfront
  • Lake Front
  • Wooded Lot

Additional Features

  • Water Views
  • Sewer in Street

Community Details

  • Water Sports

Listing and Financial Details

  • Assessor Parcel Number 1810276007

Property Details

Property Type

Land

Est. Annual Taxes

$2,996

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • Assessment: UNKNOWN
  • State Equalized Value: 102000.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Name: ORCHARD
  • Waterfront: Yes
  • Frontage Feet: 208
  • Road Frontage Type: Paved
  • Water Frontage Feet: 200.00
  • Waterfront Description: Lake Front

Utilities

  • Sewer: Sewer at Street, Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal), Water at Street

Schools

  • School District: West Bloomfield

Lot Info

  • List Price per Acre: 208263.8889
  • Lot Features: Water View, Possible Daylight, Possible Walkout, Wooded
  • Lot Size Area: 1.44
  • Lot Dimensions: 208X301
  • Parcel Number: 1810276007
  • Zoning: Residential
  • Improvements: Electric, Gas
  • Survey: Yes

Tax Info

  • Tax Amount Summer: 2864.0000
  • Tax Amount Winter: 132.0000
  • Total Tax: 2996.0000

Multi Family

  • Waterfront Features: All Sports Lake

MLS Schools

  • School District: West Bloomfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2018
Closed on
Oct 19, 2018
Sold by
Simon Andrea
Bought by
Poota Marvin
Seller's Agent
Melanie Bishop
KW Domain
Buyer's Agent
Melanie Bishop
KW Domain
List Price
$299,900
Sold Price
$225,000
Premium/Discount to List
-$74,900
-24.97%
Total Days on Market
93
Current Estimated Value
$372,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,864
Avg. Annual Appreciation
7.94%

Purchase Details

Closed on
Mar 13, 2015
Sold by
Cary Simon Construction Inc
Bought by
Simon Andrea

Purchase Details

Closed on
Oct 10, 2006
Sold by
Fuller Ernest and Reynolds Ronald E
Bought by
Cary Simon Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
9.5%
Mortgage Type
Unknown

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
Poota Marvin $225,000 None Available
Simon Andrea -- Fidelity National Title
Cary Simon Construction Inc $155,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cary Simon Construction Inc $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2018 10/19/18 Sold $225,000 -25.0% --
10/12/2018 10/12/18 Pending -- -- --
07/11/2018 07/11/18 For Sale $299,900 -- --
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 $4,900 $101,320 $0 $0
2023 $4,904 $101,320 $0 $0
2022 $4,904 $101,320 $0 $0
2021 $5,365 $106,900 $0 $0
2020 $5,132 $106,900 $0 $0
2019 $5,252 $106,900 $0 $0
2018 $5,311 $106,900 $0 $0
2017 $5,318 $106,900 $0 $0
2016 $5,400 $106,900 $0 $0
2015 -- $97,190 $0 $0
2014 -- $97,190 $0 $0
2011 -- $108,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218062505

Realcomp

APN: 18-10-276-007