NOT LISTED FOR SALE

501 Pine Tree Rd Lake Orion, MI 48362

Estimated Value: $333,000 - $407,000

4 Beds
2 Baths
2,000 Sq Ft
$191/Sq Ft Est. Value

Last Sold February 28, 2018

Last sale price $165,000 $82 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $2,262/month

14 Days on Market

Highlights

  • 75 Feet of Waterfront
  • Contemporary Architecture
  • Enclosed Patio or Porch
  • Orion Oaks Elementary School Rated A-
  • No HOA
  • 2 Car Detached Garage

About This Home

As of February 2018

Great opportunity on this large home sitting on a nice sized lot and being sold with a 1/16th interest in a lakefront lot on All Sport Lake Orion. Original owner is selling this home, first time ever on the market. Large home features a huge living room with hardwood floors under the carpeting. Master suite with a walk in closet and its own full bath. Two additional bedrooms on the main floor and then a 4th bedroom and attic space upstairs. Basement is a finished walkout. Home is outdated but priced to compensate. The lake lot is on Shady Oaks drive and per the seller you are able to use that to access the lake, pull your boat up to, swim from, have picnics/parties/bonfires, just can't leave anything there overnight. Buyer/Buyer Agent to verify all info. 1/16th interest is in Parcel ID 09-10-254-023

Last Agent to Sell the Property

Raymond Megie

Realty Executives Main St LLC License #6501280167 Listed on: 11/06/2017

Realty Executives Main St LLC

Last Buyer's Agent

Patricia Derkacz

Realty Executives Home Towne Shelby License #6501325422

Realty Executives Home Towne Shelby

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,872

Year Built

  • Built in 1950

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 160x105
  • 75 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Detached Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2,000 Sq Ft Home
  • 1.5-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Fireplace in Basement

Outdoor Features

  • Enclosed Patio or Porch
  • Breezeway

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0910251037
  • $4,950 Seller Concession

Community Details

Overview

  • No Home Owners Association
  • C Leidich's Orion Lakeview Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,872

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Contemporary
  • Architecture Level: 1 1/2 Story
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Basement
  • Room Count: 9
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Sq Ft Combined: 2600
  • Sq Ft Lower Floor: 600
  • Total Sq Ft: 2000
  • Sq Ft Total Bsmt: 1076

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Lake Orion
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Foundation Materials: Block
  • Frontage Feet: 160
  • Porch Type: Porch - Covered, Porch - Enclosed, Patio, Porch, Breezeway
  • Road Frontage Type: Paved
  • Water Frontage Feet: 75.00
  • Waterfront Description: Lake Front

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Electric
  • Water Source: Well (Existing)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Lake Orion

Lot Info

  • Homestead: Yes
  • List Price per Acre: 447105.2600
  • Lot Size Area: 0.38
  • Lot Dimensions: 160X105
  • Parcel Number: 0910251037

Multi Family

  • Waterfront Features: All Sports Lake

MLS Schools

  • School District: Lake Orion

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2025
Sold by
Nicholson Laura
Bought by
Nicholson Laura and Richards Richard
Current Estimated Value
$381,499

Purchase Details

Listed on
Nov 6, 2017
Closed on
Feb 28, 2018
Sold by
Crandall Stuart M
Bought by
Nicholson Laura
Seller's Agent
Raymond Megie
Realty Executives Main St LLC
Buyer's Agent
Patricia Derkacz
Realty Executives Home Towne Shelby
List Price
$169,900
Sold Price
$165,000
Premium/Discount to List
-$4,900
-2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.29%
Original Mortgage
$160,050
Interest Rate
4.22%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 15, 2008
Sold by
Crandall Stuart M and Crandall Barbara J
Bought by
Crandall Stuart M and Crandall Barbara J

Purchase Details

Closed on
Sep 12, 2008
Sold by
Mcmanus Barbara and Crandall Barbara J
Bought by
Crandall Stuart M and Crandall Barbara J
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
Nicholson Laura -- None Listed On Document
Nicholson Laura $165,000 Cislo Title Co
Crandall Stuart M -- None Available
Crandall Stuart M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nicholson Laura $160,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2018 02/28/18 Sold $165,000 -2.9% $83 / Sq Ft
11/20/2017 11/20/17 Pending -- -- --
11/06/2017 11/06/17 For Sale $169,900 -- $85 / 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 $2,872 $145,050 $0 $0
2023 $2,740 $133,620 $0 $0
2022 $3,864 $123,000 $0 $0
2021 $3,688 $117,710 $0 $0
2020 $3,654 $107,630 $0 $0
2019 $3,415 $101,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Raymond Megie

    Seller's Agent in 2018

    Raymond Megie

    Realty Executives

    (586) 634-1822

    2 in this area

    373 Total Sales

    Raymond Megie
    Section Image
  • Patricia Derkacz

    Buyer's Agent in 2018

    Patricia Derkacz

    Realty Executives

    (586) 709-4106

    38 Total Sales

    Patricia Derkacz
    Section Image
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Map

Source: Realcomp

MLS Number: 217098341

Realcomp

APN: 09-10-251-037

Michigan Oakland County Lake Orion 48362

501 Pine Tree Rd, Lake Orion, MI

This home is located at 501 Pine Tree Rd, Lake Orion, MI 48362 since 06 November 2017 and is currently estimated at $381,499, approximately $190 per square foot. This property was built in 1950. 501 Pine Tree Rd is a home located in Oakland County with nearby schools including Orion Oaks Elementary School, Oakview Middle School, and Lake Orion Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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