NOT LISTED FOR SALE

480 Manitou Ln Unit 2 Lake Orion, MI 48362

Estimated Value: $615,000 - $860,000

4 Beds
3 Baths
3,064 Sq Ft
$236/Sq Ft Est. Value

Last Sold February 13, 2015

Last sale price $555,000 $181 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,610/month

55 Days on Market

Highlights

  • Colonial Architecture
  • Hydromassage or Jetted Bathtub
  • 3 Car Attached Garage
  • Paint Creek Elementary School Rated A-
  • Porch
  • Intercom

About This Home

As of February 2015

.

Last Agent to Sell the Property

Leslie Mihalak

Re/Max Defined License #MISPE-6501195106 Listed on: 11/18/2014

Last Buyer's Agent

. Non Mls Member

NON MLS Member License #MISPE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,723

Year Built

  • Built in 2000

Lot Details

  • Lot Dimensions are 124x287
  • Sprinkler System

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 3,064 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • Intercom

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Sump Pump

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0435351002

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,723

Year Built

Built in 2000

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Colonial
  • Structure Style: 2 Story
  • Year Built: 2000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Spa/Jetted Tub, Sump Pump
  • Appliances: Dishwasher, Dryer, Humidifier, Intercom, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: Gas Fireplace, Grt Rm Fireplace
  • Basement: Yes
  • Basement: Walk Out, Poured
  • Bedrooms: 4
  • Bedroom 1: On Entry Level, Dimensions: 14 x 17
  • Bedroom 2: On Upper Floor, Dimensions: 11 x 30
  • Bedroom 3: On Upper Floor, Dimensions: 11 x 14
  • Bedroom 4: On Upper Floor, Dimensions: 13 x 14
  • Full Bathrooms: 3
  • Total Bathrooms: 4
  • Breakfast Nook: On Entry Level, Dimensions: 12 x 11
  • Dining Room: On Entry Level, Dimensions: 12 x 19
  • Great Room: On Entry Level, Dimensions: 16 x 21
  • Kitchen: On Entry Level, Dimensions: 14 x 11
  • Library Den: On Entry Level, Dimensions: 13 x 13
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 3064
  • Total Finished Sq Ft: 3064

Exterior Features

  • Exterior: Brick
  • Exterior Features: Lawn Sprinkler, Patio, Porch
  • Foundation: Basement
  • Frontage: 124
  • Road: Paved Street

Garage/Parking

  • Garage: Attached Garage, Electric in Garage, Gar Door Opener
  • Garage Spaces: 3
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Ceiling Fan(s), Central A/C

Condo/Co-op/Association

  • HOA Fees: 600
  • HOA Fee Frequency: Yearly
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 0435351002
  • Lot Dimensions: 124x287
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $3,035.00
  • Winter Tax: Amount: $2,688.00

MLS Schools

  • School District: Lake Orion Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2014
Closed on
Feb 13, 2015
Sold by
Bobbitt Larry A and Bobbitt Carrie D
Bought by
Cecil Joshua P and Cecil Leah Mj
Seller's Agent
Leslie Mihalak
Re/Max Defined
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$559,000
Sold Price
$555,000
Premium/Discount to List
-$4,000
-0.72%
Current Estimated Value
$723,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,757
Avg. Annual Appreciation
2.73%
Original Mortgage
$527,250
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 22, 2009
Sold by
Bobbitt Larry A and Bobbitt Carrie D
Bought by
Bobbitt Larry A and Bobbitt Carrie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,321
Interest Rate
4.86%
Mortgage Type
VA

Purchase Details

Closed on
Feb 14, 2008
Sold by
Bank Of New York
Bought by
Bobbitt Larry A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,000
Interest Rate
12%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 29, 2006
Sold by
Mortgage Electronic Registration Systems
Bought by
Bank Of New York and Cwabs Inc Asset Backed Certificates Seri

Purchase Details

Closed on
Nov 14, 2006
Sold by
Awdish Karim and Shammami Ahlam
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Sep 21, 2005
Sold by
Ishak Matti and Ishak Souad
Bought by
Awdish Karim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,500
Interest Rate
6.13%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 22, 2005
Sold by
Ishak & Family Inc
Bought by
Ishak Matti

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,600
Interest Rate
6.13%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 28, 2005
Sold by
Ishak & Family Inc
Bought by
Ishak Matti

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,600
Interest Rate
6.13%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 23, 2004
Sold by
Community Central Bank
Bought by
Ishak & Family Inc

Purchase Details

Closed on
Mar 30, 2004
Sold by
Gemcraft Homes Inc
Bought by
Community Central Bank
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
Cecil Joshua P $555,000 Seaver Title Agency
Bobbitt Larry A -- Title Direct Llc
Bank Of New York -- None Available
Mortgage Electronic Registration Systems $492,928 None Available
Awdish Karim $595,000 None Available
Ishak Matti -- --
Ishak Matti -- --
Ishak & Family Inc $470,000 --
Ishak & Family Inc -- --
Community Central Bank $506,926 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cecil Leah Mj $306,551
Open Cecil Joshua R $482,700
Closed Cecil Joshua $527,250
Previous Owner Bobbitt Larry A $392,623
Previous Owner Bobbitt Larry A $406,321
Previous Owner Bobbitt Larry A $398,738
Previous Owner Northern Venture Capital Holdings Llc $341,000
Previous Owner Awdish Karim $194,500
Previous Owner Awdish Karim $476,000
Previous Owner Awdish Karim $119,000
Previous Owner Ishak Matti $359,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2015 02/13/15 Sold $555,000 -0.7% $181 / Sq Ft
01/12/2015 01/12/15 Pending -- -- --
11/18/2014 11/18/14 For Sale $559,000 -- $182 / Sq Ft
Source: Michigan Multiple Listing Service

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 $6,753 $300,240 $0 $0
2023 $6,442 $287,880 $0 $0
2022 $9,549 $274,370 $0 $0
2021 $9,134 $270,190 $0 $0
2020 $5,903 $256,060 $0 $0
2019 $8,537 $240,290 $0 $0
2018 $8,376 $233,910 $0 $0
2017 $8,231 $237,650 $0 $0
2016 $8,215 $227,220 $0 $0
2015 -- $216,080 $0 $0
2014 -- $177,300 $0 $0
2011 -- $130,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31221274

Michigan Multiple Listing Service

APN: 04-35-351-002