NOT LISTED FOR SALE

525 James Ln Lake Orion, MI 48362

Estimated Value: $467,000 - $517,000

3 Beds
2.5 Baths
1,986 Sq Ft
$247/Sq Ft Est. Value

Last Sold May 19, 2022

Last sale price $400,000 $201 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,949/month

Highlights

  • Car Lift
  • Colonial Architecture
  • Ground Level Unit
  • Paint Creek Elementary School Rated A-
  • Deck
  • No HOA

About This Home

As of May 2022

This home is located at 525 James Ln, Lake Orion, MI 48362 since 16 May 2022 and is currently estimated at $490,840, approximately $247 per square foot. This property was built in 1984. 525 James Ln is a home located in Oakland County with nearby schools including Paint Creek Elementary School, Scripps Middle School, and Lake Orion Community High School.

Last Agent to Sell the Property

Steven Moore

KW Showcase Realty License #6501364186 Listed on: 05/16/2022

KW Showcase Realty

Last Buyer's Agent

Steven Moore

KW Showcase Realty License #6501364186 Listed on: 05/16/2022

KW Showcase Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1984

Lot Details

  • Lot Dimensions are 214x580x184x500
  • Property fronts a private road

Home Design

  • Colonial Architecture
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,986 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Flush Toilets

Laundry

  • Dryer
  • Washer

Parking

  • 6 Car Direct Access Garage
  • Car Lift
  • Heated Garage
  • Workshop in Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Exterior Lighting

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Heating System Uses Wood
  • Programmable Thermostat
  • Natural Gas Water Heater
  • Water Purifier is Owned
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0909327004

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,870

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1984
  • State Equalized Value: 167390.0000
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Humidifier, Dual-Flush Toilet(s), High Spd Internet Avail, Programmable Thermostat, Cable Available
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Living Room
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Water Purifier Owned, Dishwasher, Disposal, Dryer, Free-Standing Gas Range, Microwave, Washer
  • Total Sq Ft: 1986

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Wood
  • Exclusions: Yes
  • Exterior Features: Lighting
  • Foundation Materials: Block
  • Porch Type: Deck
  • Road Frontage Type: Paved, Private

Garage/Parking

  • Garage Size: 6 or More
  • Garage Features: Lift, Direct Access, Electricity, Door Opener, Side Entrance, Heated, Workshop, Attached, Basement Access
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas, Wood
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Natural Gas
  • Water Source: Well (Existing)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • Lot Dimensions: 214x580x184x500
  • Parcel Number: 0909327004

Tax Info

  • Tax Amount Summer: 4037.0000
  • Tax Amount Winter: 1833.0000
  • Total Tax: 5870.0000
  • Taxable Value: 137390.0000

MLS Schools

  • School District: Lake Orion

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2022
Closed on
May 19, 2022
Sold by
Edward Wright Charles
Bought by
Abate Corey
Seller's Agent
Steven Moore
KW Showcase Realty
Buyer's Agent
Steven Moore
KW Showcase Realty
List Price
$400,000
Sold Price
$400,000
Current Estimated Value
$490,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,840
Avg. Annual Appreciation
6.11%
Original Mortgage
$320,000
Outstanding Balance
$303,302
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$187,538

Purchase Details

Listed on
Feb 12, 2020
Closed on
Mar 17, 2020
Sold by
Kaplanov Andreos J and Kaplanov Nadine A
Bought by
Wright Charles Edward
Seller's Agent
Emily Ford
@properties Christie's Int'l R E Clarkston
Buyer's Agent
Michelle Thom
List Price
$357,900
Sold Price
$365,000
Premium/Discount to List
$7,100
1.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.31%

Purchase Details

Listed on
Jun 19, 2015
Closed on
Jul 31, 2015
Sold by
Antaya Charles B and Antaya Mary
Bought by
Kaplanov Andreos J and Kaplanov Nadine A
Seller's Agent
Jim Skylis
Wedgewood Realty Services
Buyer's Agent
Emily Ford
@properties Christie's Int'l R E Clarkston
List Price
$329,900
Sold Price
$327,000
Premium/Discount to List
-$2,900
-0.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.41%
Original Mortgage
$261,600
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Abate Corey $400,000 None Listed On Document
Wright Charles Edward $365,000 Ata National Title Group Llc
Kaplanov Andreos J $327,000 Liberty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abate Corey $320,000
Previous Owner Kaplanov Andreos J $261,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/19/2022 05/19/22 Sold $400,000 0.0% $201 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
05/16/2022 05/16/22 For Sale $400,000 +9.6% $201 / Sq Ft
03/17/2020 03/17/20 Sold $365,000 +2.0% $183 / Sq Ft View Prior Sale
02/18/2020 02/18/20 Pending -- -- --
02/12/2020 02/12/20 For Sale $357,900 +9.4% $179 / Sq Ft
08/03/2015 08/03/15 Sold $327,000 -0.9% $165 / Sq Ft View Prior Sale
06/30/2015 06/30/15 Pending -- -- --
06/19/2015 06/19/15 For Sale $329,900 -- $166 / 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 $4,497 $198,460 $0 $0
2023 $4,290 $178,730 $0 $0
2022 $6,063 $170,250 $0 $0
2021 $5,871 $167,390 $0 $0
2020 $3,115 $158,670 $0 $0
2019 $4,239 $149,660 $0 $0
2018 $4,227 $133,860 $0 $0
2017 $4,048 $133,860 $0 $0
2016 $4,034 $119,840 $0 $0
2015 -- $110,470 $0 $0
2014 -- $106,200 $0 $0
2011 -- $85,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2220035045

Realcomp

APN: 09-09-327-004