NOT LISTED FOR SALE

42 Park Island Dr Unit 3 Lake Orion, MI 48362

Estimated Value: $322,398 - $455,000

2 Beds
2 Baths
1,331 Sq Ft
$175/mo HOA Fee

Last Sold November 03, 2017

Last sale price $246,900 $185 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,519/month

10 Days on Market

Highlights

  • 10 Feet of Waterfront
  • Dock Facilities
  • End Unit
  • Orion Oaks Elementary School Rated A-
  • Ranch Style House
  • Porch

About This Home

As of November 2017

ALL SPORTS LAKE FRONT ON LAKE ORION! 2 BEDROOMS AND 2 FULL BATH CONDO. FEATURES INCLUDE: LARGE GREAT ROOM WITH GAS FIREPLACE, WET BAR AND SPECTACULAR VIEWS. WALK TO DOWNTOWN, FEATURING LOTS OF GREAT RESTAURANTS AND SHOPPING. PARKING AND BOAT DOCKING FACILITIES + SHED AVAILABLE!

Last Agent to Sell the Property

James Upthegrove

Real Estate One-Oxford License #6501171372 Listed on: 09/19/2017

Real Estate One-Oxford

Last Buyer's Agent

Patricia Mobley

Berkshire Hathaway HomeServices Michigan Real Esta License #RCO-6501363578

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1998

Lot Details

  • 10 Feet of Waterfront
  • Lake Front
  • End Unit
  • Private Entrance

HOA Fees

  • $175 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,331 Sq Ft Home
  • Wet Bar
  • Ceiling Fan
  • Gas Fireplace
  • Water Views
  • Crawl Space

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Seawall
  • Dock Facilities
  • Boat Facilities
  • Patio
  • Exterior Lighting
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 0911226062

Community Details

Overview

  • Park Island Condo Subdivision
  • On-Site Maintenance

Recreation

  • Water Sports

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,547

Year Built

Built in 1998

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: End Unit, Ranch
  • Architecture Level: 1 Story
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, Wet Bar
  • Fireplace Fuel: Gas
  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 1331
  • Total Sq Ft: 1331

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Lake Orion
  • Waterfront: Yes
  • Foundation Details: Crawl
  • Construction Materials: Brick, Vinyl
  • Exterior Features: Grounds Maintenance, Lighting, Private Entry
  • Foundation Materials: Poured
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved
  • Water Frontage Feet: 10.00
  • Waterfront Description: Lake Front

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fee: 175
  • Association Fee: Yes

Schools

  • School District: Lake Orion

Lot Info

  • Lot Features: Water View
  • Parcel Number: 0911226062

Rental Info

  • Deposit Amount: 25000.00

Tax Info

  • Tax Amount Summer: 2088.0000
  • Tax Amount Winter: 459.0000
  • Total Tax: 2547.0000

Multi Family

  • Waterfront Features: All Sports Lake, Boat Facilities, Dock Facilities, Sea Wall

MLS Schools

  • School District: Lake Orion

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2020
Sold by
Wolverton Todd J
Bought by
Suspeck Todd Kenneth and Suspeck Laura Catherine
Current Estimated Value
$373,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,000
Outstanding Balance
$172,381
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$157,581

Purchase Details

Listed on
Sep 19, 2017
Closed on
Nov 3, 2017
Sold by
Taube Marlene
Bought by
Wolverton Todd J
Seller's Agent
James Upthegrove
Real Estate One-Oxford
Buyer's Agent
Patricia Mobley
Berkshire Hathaway HomeServices Michigan Real Esta
List Price
$249,900
Sold Price
$246,900
Premium/Discount to List
-$3,000
-1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.78%
Original Mortgage
$197,520
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2006
Sold by
Taube Marlene and Lisecki Beatrice
Bought by
Taube Marlene

Purchase Details

Closed on
Dec 19, 2003
Sold by
Taube Marlene
Bought by
Taube Marlene and Lisecki Beatrice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.91%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 22, 2000
Sold by
Taube Marlene
Bought by
Lake Edge Development Inc

Purchase Details

Closed on
Jan 22, 1997
Sold by
Parkhaven Investment Co
Bought by
Taube Marlene
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
Suspeck Todd Kenneth $291,000 Fnt
Wolverton Todd J $246,900 Troy Abstract & Title Agency
Taube Marlene -- None Available
Taube Marlene -- Philip R Seaver Title Co Inc
Taube Marlene $190,000 Philip R Seaver Title Co Inc
Lake Edge Development Inc -- --
Taube Marlene -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Suspeck Todd Kenneth $80,000
Closed Suspeck Todd Kenneth $60,000
Open Suspeck Todd K $191,000
Previous Owner Wolverton Todd J $197,520
Previous Owner Taube Marlene $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2017 11/03/17 Sold $246,900 -1.2% $185 / Sq Ft
09/29/2017 09/29/17 Pending -- -- --
09/19/2017 09/19/17 For Sale $249,900 0.0% $188 / Sq Ft
11/15/2014 11/15/14 Rented $1,300 +4.0% --
11/15/2014 11/15/14 Under Contract -- -- --
11/09/2014 11/09/14 For Rent $1,250 -- --
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 $3,732 $143,320 $0 $0
2023 $4,265 $134,610 $0 $0
2022 $4,959 $114,330 $0 $0
2021 $4,744 $107,230 $0 $0
2020 $3,260 $98,160 $0 $0
2019 $2,645 $94,730 $0 $0
2018 $3,746 $66,590 $0 $0
2017 $2,565 $66,590 $0 $0
2016 $2,548 $62,070 $0 $0
2015 -- $54,730 $0 $0
2014 -- $50,540 $0 $0
2011 -- $74,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 217084839

Realcomp

APN: 09-11-226-062