NOT LISTED FOR SALE

505 E Flint St Lake Orion, MI 48362

Estimated Value: $225,000 - $306,000

3 Beds
1 Bath
1,112 Sq Ft
$234/Sq Ft Est. Value

Last Sold September 04, 2018

Last sale price $135,000 $121 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $1,727/month

4 Days on Market

Highlights

  • Lake Privileges
  • Ranch Style House
  • Covered Patio or Porch
  • Blanche Sims Elementary School Rated A-
  • No HOA
  • 5-minute walk to Atwater Park

About This Home

As of September 2018

On the Parade route! The two sided covered front porch is perfect for viewing the parades! Classic Lake Orion Village Home. Enjoy the Village amenities, the Great Restaurants, Shopping and Parks all within walking distance. Also walk to local Blanche Sims Elementary School. Lake Orion's elementary and middle schools have been recognized as Michigan Blue Ribbon Exemplary Schools. The home needs lots of updates but has tons of potential. This house is begging for the perfect family to make this house their home! It has generous room sizes and an unfinished Walk-Up Attic just waiting for your ideas or just use it for Awesome storage space. Newer Roof and Windows. Large Garage has an additional side Workshop for all your projects. Bring out the Beauty in this home with your creativity. All appliances are available with acceptable offer. This home is being sold AS IS with no repairs made by seller. Location, Location, Location!!

Last Agent to Sell the Property

Julie Perkins

Berkshire Hathaway HomeServices Kee Realty Oxford License #6501309329 Listed on: 08/01/2018

Berkshire Hathaway HomeServices Kee Realty Oxford

Last Buyer's Agent

Lindsay David

Blue Heron Realty License #6501403863

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1930

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 115 x 78 x 118 x 78

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,112 Sq Ft Home
  • Ceiling Fan
  • Unfinished Basement
  • Sump Pump

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Workshop in Garage
  • Garage Door Opener

Outdoor Features

  • Lake Privileges
  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0901302023

Community Details

Overview

  • No Home Owners Association
  • Assr's Plat No 1 Village Of Lake Orion Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,009

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: SUMMER INCLUDES VILLAGE TAX
  • Year Built: 1930
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available
  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dryer, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 1112
  • Total Sq Ft: 1112
  • Sq Ft Total Bsmt: 1024

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: LAKE ORION
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Vinyl
  • Exterior Features: Lighting
  • Foundation Materials: Block
  • Frontage Feet: 115
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved
  • Waterfront Description: Lake/River Priv

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: 2+ Assigned Spaces, Detached, Door Opener, Workshop
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Baseboard
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Lake Orion

Lot Info

  • Homestead: Yes
  • List Price per Acre: 750000.0000
  • Lot Size Area: 0.20
  • Lot Dimensions: 115 X 78 X 118 X 78
  • Parcel Number: 0901302023

Tax Info

  • Tax Amount Summer: 1729.8700
  • Tax Amount Winter: 279.0900
  • Total Tax: 2008.9600

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 1, 2018
Closed on
Sep 4, 2018
Sold by
Jarrett Catherine
Bought by
Morfitt Jacob R
Seller's Agent
Julie Perkins
Berkshire Hathaway HomeServices Kee Realty Oxford
Buyer's Agent
Lindsay David
Blue Heron Realty
List Price
$15,000,000
Sold Price
$135,000
Premium/Discount to List
-$14,865,000
-99.1%
Current Estimated Value
$259,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,939
Avg. Annual Appreciation
9.68%
Original Mortgage
$130,950
Outstanding Balance
$114,207
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$145,732
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
Morfitt Jacob R $135,000 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morfitt Jacob R $130,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2018 09/04/18 Sold $135,000 -99.1% $121 / Sq Ft
08/05/2018 08/05/18 Pending -- -- --
08/01/2018 08/01/18 For Sale $15,000,000 -- $13,489 / 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 $4,111 $106,290 $0 $0
2023 $3,443 $96,660 $0 $0
2022 $4,007 $86,930 $0 $0
2021 $3,718 $81,690 $0 $0
2020 $2,839 $75,080 $0 $0
2019 $2,095 $68,430 $0 $0
2018 $2,093 $65,100 $0 $0
2017 $2,009 $65,100 $0 $0
2016 $1,998 $60,300 $0 $0
2015 -- $55,790 $0 $0
2014 -- $50,190 $0 $0
2011 -- $47,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218073405

Realcomp

APN: 09-01-302-023