NOT LISTED FOR SALE

482 Cushing St Lake Orion, MI 48362

Estimated Value: $461,000 - $598,000

2 Beds
1 Bath
632 Sq Ft
$791/Sq Ft Est. Value

Last Sold May 30, 2014

Last sale price $197,000 $312 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $3,128/month

113 Days on Market

Highlights

  • Lake Front
  • Boat Facilities
  • Ranch Style House
  • Paint Creek Elementary School Rated A-
  • Deck
  • No HOA

About This Home

As of May 2014

A rare find! Cottage on all sports Lake Orion that is very affordable, or a great area to build your new waterfront home. Beautiful views from this peninsula site. Value is in the property. When you come to look at it, you will see why! The four season small cottage has 2 bedrooms, one bath and is approximately 650 sq ft. Sellers will consider short term land contract.

Last Agent to Sell the Property

Jim Skylis

Wedgewood Realty Services License #6502118839 Listed on: 12/12/2013

Co-Listed By

Lee Barclay

Max Broock Realtors Oxford License #6501188098

Last Buyer's Agent

James Skylis

Wedgewood Realty Services License #RCO-6502118839

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1930

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 178x106x84
  • Lake Front

Home Design

  • Ranch Style House
  • Slab Foundation
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 632 Sq Ft Home
  • Water Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Seawall
  • Boat Facilities
  • Deck
  • Covered Patio or Porch
  • Shed

Utilities

  • Wall Furnace
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0903278025

Community Details

Overview

  • No Home Owners Association

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,601

Year Built

Built in 1930

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Appliances: Refrigerator, Range/Stove
  • Total Sq Ft: 632

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: LAKE ORION
  • Waterfront: Yes
  • Foundation Details: Slab
  • Construction Materials: Vinyl
  • Foundation Materials: Poured
  • Porch Type: Deck, Porch - Covered
  • Road Frontage Type: Gravel
  • Waterfront Description: Lake Front

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Wall/Floor Furnace
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Well (Existing)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • List Price per Acre: 913043.4783
  • Lot Features: Water View, Vacation Home
  • Lot Size Area: 0.23
  • Lot Dimensions: 178x106x84
  • Parcel Number: 0903278025

Rental Info

  • Deposit Amount: 44000.00

Tax Info

  • Tax Amount Summer: 2211.0000
  • Tax Amount Winter: 390.0000
  • Total Tax: 2601.0000

Multi Family

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

MLS Schools

  • School District: Lake Orion

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2013
Closed on
May 23, 2014
Sold by
Stressman Peter A and Stressman Julie
Bought by
Beaudet Edward M and Beaudet Kathleen A
Seller's Agent
Jim Skylis
Wedgewood Realty Services
Buyer's Agent
Jim Skylis
Wedgewood Realty Services
List Price
$220,000
Sold Price
$197,000
Premium/Discount to List
-$23,000
-10.45%
Current Estimated Value
$500,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,191
Avg. Annual Appreciation
8.19%
Original Mortgage
$157,600
Outstanding Balance
$45,239
Interest Rate
4.28%
Mortgage Type
New Conventional
Estimated Equity
$454,952

Purchase Details

Closed on
Sep 12, 2003
Sold by
Tucker Judith K
Bought by
Stressman Peter A and Stressman Julie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Beaudet Edward M $197,000 Liberty Title
Stressman Peter A $550,000 Philip R Seaver Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beaudet Edward M $157,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2014 05/30/14 Sold $197,000 -10.5% $312 / Sq Ft
04/04/2014 04/04/14 Pending -- -- --
12/12/2013 12/12/13 For Sale $220,000 -- $348 / Sq Ft
Source: Realcomp

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
2025 $5,961 $229,370 $0 $0
2024 $4,537 $207,910 $0 $0
2023 $4,325 $187,650 $0 $0
2022 $5,406 $154,820 $0 $0
2021 $5,185 $152,430 $0 $0
2020 $3,950 $113,750 $0 $0
2019 $4,876 $109,220 $0 $0
2018 $4,825 $108,960 $0 $0
2017 $4,649 $108,960 $0 $0
2016 $4,621 $96,800 $0 $0
2015 -- $84,140 $0 $0
2014 -- $80,060 $0 $0
2011 -- $58,490 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 213203775

Realcomp

APN: 09-03-278-025

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