NOT LISTED FOR SALE

4490 Dow Ridge Rd Orchard Lake, MI 48324

Estimated Value: $2,826,000 - $5,016,000

4 Beds
3.5 Baths
6,893 Sq Ft
$582/Sq Ft Est. Value

Last Sold October 12, 2017

Last sale price $1,400,000 $203 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $26,601/month

320 Days on Market

Highlights

  • 145 Feet of Waterfront
  • In Ground Pool
  • Lake Privileges
  • Dock Facilities
  • 1.26 Acre Lot
  • Contemporary Architecture

About This Home

As of October 2017

Price just reduced $200,000 by motivated seller looking to close an estate. It is once in a generation that a property of this caliber come on the market. Exclusive Cass Lake Lakefront with stunning views into breadth of Oakland County's largest and most exclusive lake. Prestigious Dow Ridge location. Magnificent contemporary design by renowned architect Don Paul Young.

Last Agent to Sell the Property

Kestutis Miskinis

Aspen Real Estate Corp License #6501114508 Listed on: 10/09/2016

Last Buyer's Agent

Kestutis Miskinis

Aspen Real Estate Corp License #6501114508 Listed on: 10/09/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1969 | Remodeled in 2000

Lot Details

  • 1.26 Acre Lot
  • Lot Dimensions are 145x440.20
  • 145 Feet of Waterfront
  • Lake Front

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Metal Roof

Interior Spaces

  • 6,893 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Water Views
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • In Ground Pool
  • Dock Facilities
  • Boat Facilities
  • Lake Privileges
  • Patio
  • Terrace

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1810101035
  • $84,000 Seller Concession

Community Details

Overview

  • No Home Owners Association
  • Assr's Plat Of Dow Ridge Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,039

Year Built

Built in 1969 | Remodeled in 2000

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Contemporary
  • Architecture Level: 2 Story
  • Assessment: 37.71
  • Year Built: 1969
  • Year Renovated: 2000
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Humidifier
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Great Room, Living Room
  • Room Count: 18
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Kitchen Appliances: Disposal
  • Sq Ft Combined: 6893
  • Total Sq Ft: 6893

Exterior Features

  • Roof Material: Metal
  • Waterfront Name: Cass Lake
  • Pool: Yes
  • Waterfront: Yes
  • Foundation Details: Slab
  • Construction Materials: Brick
  • Exterior Features: Pool - Inground
  • Foundation Materials: Poured
  • Frontage Feet: 145
  • Porch Type: Patio, Terrace
  • Road Frontage Type: Paved
  • Water Frontage Feet: 145.00
  • Waterfront Description: Lake Front, Lake/River Priv

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Attached, Direct Access, Door Opener, Side Entrance
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Well (Existing)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: West Bloomfield

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1329365.0794
  • Lot Features: Water View
  • Lot Size Area: 1.26
  • Lot Dimensions: 145X440.20
  • Parcel Number: 1810101035

Tax Info

  • Tax Amount Summer: 24280.0000
  • Tax Amount Winter: 759.0000
  • Total Tax: 25039.0000

Multi Family

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

MLS Schools

  • School District: West Bloomfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2016
Closed on
Oct 11, 2017
Sold by
Miskinis Kestrutis A
Bought by
Steven J Palermo Trust
Seller's Agent
Kestutis Miskinis
Aspen Real Estate Corp
Buyer's Agent
Kestutis Miskinis
Aspen Real Estate Corp
List Price
$1,875,000
Sold Price
$1,400,000
Premium/Discount to List
-$475,000
-25.33%
Current Estimated Value
$4,013,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,613,859
Avg. Annual Appreciation
14.28%
Original Mortgage
$900,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 27, 2009
Sold by
Miskinis Martyna
Bought by
Miskinis Kestutis A and Napoleonas Miskinis Living Trust

Purchase Details

Closed on
Aug 27, 2008
Sold by
Miskinis Kestutis A
Bought by
Miskinis Martyna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,150
Interest Rate
3.73%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
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
Steven J Palermo Trust $1,400,000 Title Connect Llc
Miskinis Kestutis A -- None Available
Miskinis Martyna -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palermo Steven J $2,464,211
Closed Palermo Steven J $200,000
Closed Steven J Paijerno Trust $2,480,000
Closed Steven J Palermo Trust $2,449,000
Closed Palermo Steven $900,000
Previous Owner Miskinis Martyna $339,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2017 10/12/17 Sold $1,400,000 -16.4% $203 / Sq Ft
08/25/2017 08/25/17 Pending -- -- --
06/14/2017 06/14/17 Price Changed $1,675,000 -10.7% $243 / Sq Ft
10/09/2016 10/09/16 For Sale $1,875,000 -- $272 / 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 $57,275 $1,804,560 $0 $0
2023 $54,873 $1,721,990 $0 $0
2022 $51,701 $1,658,010 $0 $0
2021 $60,076 $1,752,120 $0 $0
2020 $81,781 $1,703,360 $0 $0
2019 $38,535 $783,180 $0 $0
2018 $35,220 $708,180 $0 $0
2017 $35,285 $1,024,790 $0 $0
2016 $25,380 $991,540 $0 $0
2015 -- $915,540 $0 $0
2014 -- $791,220 $0 $0
2011 -- $749,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Kestutis Miskinis

    Aspen Real Estate Corp

    (248) 967-4474

    4 Total Sales

    Kestutis Miskinis
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Map

Source: Realcomp

MLS Number: 216099812

Realcomp

APN: 18-10-101-035

Michigan Oakland County Orchard Lake

4490 Dow Ridge Rd, Orchard Lake, MI

This home is located at 4490 Dow Ridge Rd, Orchard Lake, MI 48324 since 09 October 2016 and is currently estimated at $4,013,859, approximately $582 per square foot. This property was built in 1969. 4490 Dow Ridge Rd is a home located in Oakland County with nearby schools including The Susan And Rabbi Harold Loss Ecc, Brookfield Academy - West Bloomfield, and Our Lady Of Refuge School.

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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