NOT LISTED FOR SALE

55 S Slater St Lake Orion, MI 48362

Estimated Value: $319,000 - $381,000

3 Beds
2 Baths
1,459 Sq Ft
$240/Sq Ft Est. Value

Last Sold October 02, 2017

Last sale price $223,000 $153 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,344/month

4 Days on Market

Highlights

  • Boat Facilities
  • Lake Privileges
  • Wooded Lot
  • Blanche Sims Elementary School Rated A-
  • Deck
  • 5-minute walk to Children's Park

About This Home

As of October 2017

Are you kidding me? This is a drop dead gorgeous! Right smack dab in the heart of the Village of Lake Orion so enjoy all the amenities this growing niche' community has to offer. This bungalow is completely updated and decorated for today's discriminating buyers. All the right colors and accents too. Amazing trim, original wood floors, newer roof & windows. The kitchen is stunning, completely updated, the dining room is beautiful. New full bath upstairs w/all Restoration Hardware components. The free standing tub is insulated to keep the water warm forever! The master bedroom has 2 lg walk in closets. The 2nd bedroom has a huge walk in as well. There's an office on the main floor that could be turned into another master BR w/another amazing full bath next door. The basement is finished, it's a perfect getaway. The fenced yard & patio are lovely. The garage trusses are rebuilt. This is turn key ready, come quick!!

Last Agent to Sell the Property

Patti Gilman

Keller Williams Premier License #6501264708 Listed on: 08/11/2017

Keller Williams Premier

Last Buyer's Agent

Kristine Lambrecht

Real Estate One License #6501340499

Real Estate One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1925 | Remodeled in 2015

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 60 x 120
  • Level Lot
  • Wooded Lot

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof
  • Chimney Cap
  • Cedar

Interior Spaces

  • 1,459 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Awning
  • Finished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Boat Facilities
  • Lake Privileges
  • Deck
  • Enclosed patio or porch
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 0902485006

Community Details

Overview

  • No Home Owners Association
  • Lake Orion Assembly Resort Subdivision
  • Swim Association

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,690

Year Built

Built in 1925 | Remodeled in 2015

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1925
  • Year Renovated: 2015
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Programmable Thermostat
  • Room Count: 11
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 2059
  • Sq Ft Lower Floor: 600
  • Total Sq Ft: 1459
  • Sq Ft Total Bsmt: 956

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Lake Orion
  • Foundation Details: Basement
  • Construction Materials: Cedar
  • Construction Features: Platted Sub.
  • Exterior Features: Awning/Overhang(s), Chimney Cap(s), Lighting
  • Foundation Materials: Block
  • Frontage Feet: 60
  • Porch Type: Deck, Porch - Enclosed
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Waterfront Description: Lake/River Priv

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached, Door Opener, Electricity
  • 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)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Lake Orion

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1466000.0000
  • Lot Features: Level, Wooded
  • Lot Size Area: 0.15
  • Lot Dimensions: 60 x 120
  • Parcel Number: 0902485006

Tax Info

  • Tax Amount Summer: 2006.0000
  • Tax Amount Winter: 684.0000
  • Total Tax: 2690.0000

Multi Family

  • Waterfront Features: All Sports Lake, Boat Facilities, Swim Association

MLS Schools

  • School District: Lake Orion

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2017
Closed on
Oct 2, 2017
Sold by
Mogill Benjamin and Bono Claire
Bought by
Relter Michelle J
Seller's Agent
Patti Gilman
Keller Williams Premier
Buyer's Agent
Kristine Lambrecht
Real Estate One
List Price
$219,900
Sold Price
$223,000
Premium/Discount to List
$3,100
1.41%
Total Days on Market
4
Current Estimated Value
$350,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,527
Avg. Annual Appreciation
6.44%
Original Mortgage
$218,960
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Listed on
May 15, 2013
Closed on
Jul 31, 2013
Sold by
Lessuise Brent
Bought by
Mogill Benjamin and Bono Claire
Seller's Agent
Heidi Mclellan
Solutions Realty Group LLC
Buyer's Agent
Heidi Mclellan
Solutions Realty Group LLC
List Price
$178,500
Sold Price
$175,000
Premium/Discount to List
-$3,500
-1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.97%
Original Mortgage
$162,800
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 26, 2010
Sold by
Everhome Mortgage Company
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 19, 2010
Sold by
Horger Steve and Horger Joan M
Bought by
Everhome Mortgage Company
Source: Public Records

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Range of Values:

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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
Relter Michelle J $223,000 Bankers Title Settlement Ser
Mogill Benjamin $175,000 None Available
Federal National Mortgage Association -- None Available
Everhome Mortgage Company $148,200 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reiter Michelle J $218,500
Closed Reiter Michelle J $218,960
Previous Owner Mogill Benjamin $162,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2017 10/02/17 Sold $223,000 +1.4% $153 / Sq Ft
08/15/2017 08/15/17 Pending -- -- --
08/11/2017 08/11/17 For Sale $219,900 +25.7% $151 / Sq Ft
07/31/2013 07/31/13 Sold $175,000 -2.0% $132 / Sq Ft
05/31/2013 05/31/13 Pending -- -- --
05/15/2013 05/15/13 For Sale $178,500 +223.8% $134 / Sq Ft
07/27/2012 07/27/12 Sold $55,123 -2.4% $47 / Sq Ft
07/26/2012 07/26/12 Pending -- -- --
05/01/2012 05/01/12 For Sale $56,500 -- $48 / 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 $4,515 $157,130 $0 $0
2023 $4,310 $143,580 $0 $0
2022 $5,011 $128,300 $0 $0
2021 $4,794 $124,210 $0 $0
2020 $3,958 $118,500 $0 $0
2019 $3,211 $106,350 $0 $0
2018 $4,548 $90,020 $0 $0
2017 $2,706 $90,020 $0 $0
2016 $2,691 $82,320 $0 $0
2015 -- $65,980 $0 $0
2014 -- $58,570 $0 $0
2011 -- $47,430 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 217072138

Realcomp

APN: 09-02-485-006