NOT LISTED FOR SALE

494 N Broadway St Lake Orion, MI 48362

Estimated Value: $500,402 - $531,000

4 Beds
2.5 Baths
2,335 Sq Ft
$220/Sq Ft Est. Value

Last Sold October 01, 2021

Last sale price $395,000 $169 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,401/month

3 Days on Market

Highlights

  • Beach Access
  • Lake Privileges
  • Stainless Steel Appliances
  • Paint Creek Elementary School Rated A-
  • Colonial Architecture
  • 2 Car Direct Access Garage

About This Home

As of October 2021

Welcome Home to this Fantastic 4 Bedroom brick colonial in the Highly Desired Shores of Long Lake subdivision! Located in the Village and just a few blocks to the heart of Downtown Lake Orion, this community has something for everyone! You can enjoy restaurants, shopping, concerts in the park, art fairs, social district & more! If you feel like spending a day at the beach, walk down the neighborhood's private beach with pavilion on Long Lake! Or bring down your kayak or paddle board & explore the lake! If you feel like staying home, enjoy your morning cup of coffee or evening beverage on the beautiful paver patio! Inside this home doesn't disappoint! With a New Kitchen ('14), New HWH ('21), New AC ('18), New Roof ('13), Finished Basement with tons of storage space and a Large Master Retreat, you can enjoy entertaining or peaceful bliss! Welcome Home!

Last Agent to Sell the Property

Tracy Woodrum

National Realty Centers, Inc License #6501313480 Listed on: 08/27/2021

National Realty Centers, Inc

Last Buyer's Agent

Ashley Smith

EXP Realty LLC License #RCO-6501403031

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2000 | Remodeled in 2014

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 113x120

HOA Fees

  • $21 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,335 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Finished Basement
  • Sump Pump

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Beach Access
  • Lake Privileges
  • Patio
  • Exterior Lighting
  • Porch

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0902427023

Community Details

Overview

  • Shores Of Long Lake Association
  • Village By The Shores Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,168

Year Built

Built in 2000 | Remodeled in 2014

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 2000
  • State Equalized Value: 174720.0000
  • Year Renovated: 2014
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Family Room
  • Room Count: 14
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Free-Standing Electric Range, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s)
  • Sq Ft Combined: 3135
  • Sq Ft Lower Floor: 800
  • Total Sq Ft: 2335
  • Sq Ft Total Bsmt: 1097

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Long Lake
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Construction Features: Platted Sub.
  • Exterior Features: Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 113
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Waterfront Description: Beach Access, Lake Privileges

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Direct Access, Electricity, Door Opener, Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fee: 250
  • Association Contact: Shores of Long Lake
  • Association Fee: Yes

Schools

  • School District: Lake Orion

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.26
  • Lot Dimensions: 113x120
  • Parcel Number: 0902427023

Tax Info

  • Tax Amount Summer: 4302.0000
  • Tax Amount Winter: 866.0000
  • Total Tax: 5168.0000
  • Taxable Value: 116930.0000

Multi Family

  • Waterfront Features: All Sports Lake

MLS Schools

  • School District: Lake Orion

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2021
Closed on
Oct 1, 2021
Sold by
Kinkade Danual T and Kinkade Martine
Bought by
Franceschi Eric Micheal and Franceschi Katherine Theresa
Seller's Agent
Tracy Woodrum
National Realty Centers, Inc
Buyer's Agent
Ashley Smith
EXP Realty LLC
List Price
$389,000
Sold Price
$395,000
Premium/Discount to List
$6,000
1.54%
Current Estimated Value
$513,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,851
Avg. Annual Appreciation
5.57%
Original Mortgage
$362,598
Outstanding Balance
$334,222
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$153,998

Purchase Details

Closed on
Sep 16, 2004
Sold by
Marion Laura J
Bought by
Kinkade Danual T and Kinkade Martine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,600
Interest Rate
4.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 6, 2000
Sold by
Robertson Orion
Bought by
Marion Laura J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,100
Interest Rate
7.86%

Purchase Details

Closed on
Jul 1, 1999
Sold by
Settleme Franklin Wright
Bought by
Marion Laura J
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
Franceschi Eric Micheal $395,000 First American Title
Kinkade Danual T $297,000 Capital Title Ins Agency
Marion Laura J $251,300 --
Marion Laura J $6,529 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franceschi Katherine Theresa $362,598
Previous Owner Kinkade Danuel T $214,635
Previous Owner Kinkade Danual T $238,000
Previous Owner Kinkade Danual Thomas $237,600
Previous Owner Marion Todd A $201,000
Previous Owner Marion Laura J $25,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2021 10/01/21 Sold $395,000 +1.5% $169 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
08/27/2021 08/27/21 For Sale $389,000 -- $167 / 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 $7,224 $219,310 $0 $0
2023 $6,895 $200,660 $0 $0
2022 $8,017 $179,060 $0 $0
2021 $5,173 $174,720 $0 $0
2020 $4,271 $200,820 $0 $0
2019 $3,466 $179,090 $0 $0
2018 $4,908 $172,870 $0 $0
2017 $4,711 $172,870 $0 $0
2016 $4,685 $156,800 $0 $0
2015 -- $141,850 $0 $0
2014 -- $123,630 $0 $0
2011 -- $110,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210068776

Realcomp

APN: 09-02-427-023