NOT LISTED FOR SALE

576 Fernhurst Ct Lake Orion, MI 48362

Estimated Value: $626,000 - $697,000

3 Beds
2 Baths
1,573 Sq Ft
$413/Sq Ft Est. Value

Last Sold July 30, 2020

Last sale price $444,000 $282 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,938/month

37 Days on Market

Highlights

  • 98 Feet of Waterfront
  • Deck
  • Ground Level Unit
  • Paint Creek Elementary School Rated A-
  • Contemporary Architecture
  • No HOA

About This Home

As of July 2020

STUNNING TWO STORY CONTEMPORARY LAKEFRONT OFFERING THAT TRUE UP NORTH FEELING. THIS HOME OFFERS AN OPEN FLOOR PLAN WITH BEAUTIFUL CHERRY HARDWOOD FLOORS THROUGHOUT MAIN LEVEL. THE GREAT ROOM DISPLAYS GENEROUS LIVING SPACE WITH DUAL BUILT IN'S AND A DRAMATIC VAULTED CEILING. HOME FEATURES 3 BEDROOMS, 2 FULL BATHS AND TWO LARGE DECKS OVERLOOKING THE LAKE, SANDY BEACH AREA, AND ROCK GARDEN WITH WATERFALL. THE FINISHED WALK OUT LOWER LEVEL HAS A GORGEOUS GAS FIREPLACE AND GIVES YOU APPROXIMATELY 400 SQUARE FEET OF ADDITIONAL LIVING SPACE. THE LOWER LEVEL ALSO INCLUDES A LARGE BONUS WORKSHOP AREA. THIS PROPERTY IS LOCATED ON A PEACEFUL COVE WITH WATER VIEWS FROM EVERY ROOM. IT FEATURES BEAUTIFUL LANDSCAPING WITH OVER 97 FEET OF LAKE FRONTAGE AND A 2 CAR GARAGE, LOCATED ON A LOW TRAFFIC DEAD END ROAD.

Last Agent to Sell the Property

John Bray

Real Estate One-Oxford License #6501311117 Listed on: 06/01/2020

Real Estate One-Oxford

Co-Listed By

Susan Bray

Real Estate One-Oxford License #6501389542

Last Buyer's Agent

Diane Suiter

National Realty Centers, Inc License #6501401947

National Realty Centers, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1989

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 92x48x110x97.5
  • 98 Feet of Waterfront
  • Lake Front
  • Sprinkler System

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,573 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Water Views

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Fireplace in Basement

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Seawall
  • Deck
  • Exterior Lighting
  • Porch

Location

  • Ground Level Unit

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 0903254035

Community Details

Overview

  • No Home Owners Association
  • Wilson's Sub Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,911

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Contemporary
  • Architecture Level: 2 Story
  • Assessment: 112.73
  • Year Built: 1989
  • State Equalized Value: 189000.0000
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Humidifier, Water Softener (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Basement
  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Free-Standing Electric Range, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 1973
  • Sq Ft Lower Floor: 400
  • Total Sq Ft: 1573
  • Sq Ft Total Bsmt: 800

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Lake Orion
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Vinyl
  • Construction Features: Platted Sub.
  • Exterior Features: Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 92
  • Porch Type: Deck, Porch
  • Road Frontage Type: Gravel
  • Sideof Street: E
  • Water Frontage Feet: 97.50
  • Waterfront Description: Lake Front

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, 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: Well (Existing)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Lake Orion

Lot Info

  • Homestead: Yes
  • List Price per Acre: 2968750.0000
  • Lot Features: Sprinkler(s), Water View
  • Lot Size Area: 0.16
  • Lot Dimensions: 92x48x110x97.5
  • Parcel Number: 0903254035

Tax Info

  • Tax Amount Summer: 2749.0000
  • Tax Amount Winter: 1162.0000
  • Total Tax: 3911.0000
  • Taxable Value: 113300.0000

Multi Family

  • Waterfront Features: All Sports Lake, Sea Wall

MLS Schools

  • School District: Lake Orion

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2020
Closed on
Jul 30, 2020
Sold by
Wold Eric C and Wold Eric
Bought by
Suiter Daniel Nathan
Seller's Agent
John Bray
Real Estate One-Oxford
Buyer's Agent
Diane Suiter
National Realty Centers, Inc
List Price
$525,000
Sold Price
$444,000
Premium/Discount to List
-$81,000
-15.43%
Current Estimated Value
$649,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,415
Avg. Annual Appreciation
7.66%
Original Mortgage
$399,600
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 1997
Sold by
Loerch Donald B
Bought by
Wold Eric C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.26%
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
Suiter Daniel Nathan $444,000 None Available
Wold Eric C $262,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Suiter Daniel Nathan $395,308
Previous Owner Suiter Daniel Nathan $399,600
Previous Owner Wold Eric C $184,300
Previous Owner Wold Eric C $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2020 07/30/20 Sold $444,000 -6.5% $282 / Sq Ft
07/09/2020 07/09/20 Pending -- -- --
06/15/2020 06/15/20 Price Changed $475,000 -9.5% $302 / Sq Ft
06/01/2020 06/01/20 For Sale $525,000 -- $334 / 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 $6,111 $302,780 $0 $0
2023 $5,830 $269,010 $0 $0
2022 $8,645 $234,000 $0 $0
2021 $8,108 $223,960 $0 $0
2020 $2,792 $207,800 $0 $0
2019 $3,911 $189,000 $0 $0
2018 $3,898 $188,510 $0 $0
2017 $3,723 $188,510 $0 $0
2016 $3,708 $172,850 $0 $0
2015 -- $153,180 $0 $0
2014 -- $134,240 $0 $0
2011 -- $98,670 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200038389

Realcomp

APN: 09-03-254-035