$280,000
SOLD SEP 15, 2017

5105 Orchard Ridge Dr Rochester, MI 48306

2.1 Acres
$133,333 Price per Acre
91,476 Sq Ft Lot

Recently Sold

7% Below List Price

210 Days on Market

Highlights

  • Gated Community
  • Delta Kelly Elementary School Rated A
  • 2.1 Acre Lot

About This Lot

As of August 2024

Welcome to Orchard Ridge, a luxury estate community with a professionally guarded gatehouse in Oakland Township, MI. This pristine 100-acre sanctuary features a grand entry surrounded by woods, ponds and waterfalls with custom homes on estate-sized lots. Orchard Ridge delivers exclusivity redefined and the ultimate expression of sophisticated living in Oakland County.

Last Agent to Sell the Property

Michael Mason

The Agency Hall & Hunter License #6501344708 Listed on: 01/06/2017

The Agency Hall & Hunter

Last Buyer's Agent

Michael Mason

The Agency Hall & Hunter License #6501344708 Listed on: 01/06/2017

The Agency Hall & Hunter

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 2.1 Acre Lot
  • Lot Dimensions are 198 x 442 x 189 x 228 x 171
  • Property fronts a private road

HOA Fees

  • $500 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 1032226002

Community Details

Overview

  • Orchard Ridge Occpn 1031 Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$669

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Type: Vacant Land
  • Assessment: 78.12
  • State Equalized Value: 104150.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Feet: 198
  • Road Frontage Type: Paved, Private

Utilities

  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Community
  • High Speed Internet: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fee: 500

Schools

  • School District: Rochester

Lot Info

  • List Price per Acre: 142857.1429
  • Lot Features: Gated Community, Possible Walkout
  • Lot Size Area: 2.10
  • Lot Dimensions: 198 x 442 x 189 x 228 x 171
  • Parcel Number: 1032226002
  • Zoning: Residential
  • Improvements: Curbs, Electric, Gas
  • Sq Ft Minimum Lot: 5500
  • Survey: Yes

Tax Info

  • Tax Amount Summer: 348.0000
  • Tax Amount Winter: 321.0000
  • Total Tax: 669.0000

MLS Schools

  • School District: Rochester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2024
Closed on
Aug 9, 2024
Sold by
Scott Craig and Scott Kelly
Bought by
Studer Chad and Studer Michelle
Seller's Agent
Kyle Matta
@properties Christie's Int'l R E Rochester
Buyer's Agent
Kyle Matta
@properties Christie's Int'l R E Rochester
List Price
$4,395,000
Sold Price
$4,000,000
Premium/Discount to List
-$395,000
-8.99%
Views
125
Current Estimated Value
$3,939,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$60,421
Avg. Annual Appreciation
-1.64%
Original Mortgage
$2,800,000
Outstanding Balance
$2,781,077
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$1,158,502

Purchase Details

Closed on
Oct 22, 2021
Sold by
Craig Scott
Bought by
Scott Craig and Scott Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 6, 2017
Closed on
Sep 15, 2017
Sold by
Kay Buildings 7 Land Development Llc
Bought by
Scott Criag
Seller's Agent
Michael Mason
The Agency Hall & Hunter
Buyer's Agent
Michael Mason
Arterra Realty Michigan LLC
List Price
$300,000
Sold Price
$280,000
Premium/Discount to List
-$20,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.23%
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 Type Sale Price Title Company
Warranty Deed $4,000,000 Ata National Title
Quit Claim Deed -- Cislo Title
Warranty Deed $280,000 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,800,000 New Conventional
Previous Owner $2,400,000 New Conventional
Previous Owner $2,400,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2024 08/09/24 Sold $4,000,000 -9.0% $506 / Sq Ft
07/10/2024 07/10/24 Pending -- -- --
06/12/2024 06/12/24 For Sale $4,395,000 +1469.6% $556 / Sq Ft
09/15/2017 09/15/17 Sold $280,000 -6.7% --
08/04/2017 08/04/17 Pending -- -- --
01/06/2017 01/06/17 For Sale $300,000 -- --
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 $18,678 $1,161,560 $0 $0
2023 $18,088 $1,114,150 $0 $0
2022 $28,966 $1,144,460 $0 $0
2021 $35,652 $1,185,880 $0 $0
2020 $15,596 $594,150 $0 $0
2019 $6,689 $150,250 $0 $0
2018 $6,409 $140,250 $0 $0
2017 $594 $140,250 $0 $0
2016 $590 $140,250 $0 $0
2015 -- $140,250 $0 $0
2014 -- $104,150 $0 $0
2011 -- $104,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 217001610

Realcomp

APN: 10-32-226-002