NOT LISTED FOR SALE

707 Fairledge St Lake Orion, MI 48362

Estimated Value: $445,000 - $616,443

3 Beds
3.5 Baths
2,177 Sq Ft
$247/Sq Ft Est. Value

Last Sold June 06, 2016

Last sale price $252,000 $116 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $3,207/month

4 Days on Market

Highlights

  • Dock Facilities
  • Lake Privileges
  • Deck
  • Orion Oaks Elementary School Rated A-
  • Cape Cod Architecture
  • Wooded Lot

About This Home

As of June 2016

BUY IN TIME TO ENJOY LAKE ORION THIS SUMMER! TOTALLY UPDATED NEWER CONSTRUCTION. WONDERFUL 2-STORY GREAT ROOM WITH FIREPLACE. HUGE KITCHEN WITH BREAKFAST AREA AND DOORWALL TO DECK. LARGE 1ST FLOOR MASTER SUITE WITH JETTED TUB AND STALL SHOWER. 1ST FLOOR LAUNDRY, HUGE WALK-IN PANTRY AND MUD ROOM OFF BACK HALL LEADING TO 2 CAR ATTACHED GARAGE. FINISHED DAYLIGHT BASEMENT WITH 4TH BEDROOM AND FULL BATH PLUS LARGE REC ROOM WITH CHALKBOARD WALL. PRIVATE LAKE ORION ACCESS AVAILABLE. BOAT SLIP -$225/YR, BEACH ACCESS $50/YR.HWH, WELL PUMP,DISHWASHER AND STOVE 2012 WASHING MACHINE 2016. NEW ATTIC FAN AND SOME CEILING FANS. NEW LIGHT FIXTURES. PRIVACY FENCE.

Last Agent to Sell the Property

Deborah Field Cavanaugh

Max Broock, REALTORS®-Bloomfield Hills License #6501155192 Listed on: 04/15/2016

Max Broock, REALTORS®-Bloomfield Hills

Last Buyer's Agent

Juliet Jozwick

Max Broock, REALTORS®-Bloomfield Hills License #RCO-6501293222

Max Broock, REALTORS®-Bloomfield Hills

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1996 | Remodeled in 2012

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 154x258
  • Property fronts a private road
  • Wooded Lot

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 2,177 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • Attic Fan

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Sump Pump
  • Natural lighting in basement

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Dock Facilities
  • Boat Facilities
  • Lake Privileges
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Shed

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 0910429059

Community Details

Overview

  • No Home Owners Association
  • Lake Orion Heights Subdivision
  • Swim Association

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,779

Year Built

Built in 1996 | Remodeled in 2012

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Cape Cod
  • Architecture Level: 1 1/2 Story
  • Warranty: Yes
  • Year Built: 1996
  • Year Renovated: 2012
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, Jetted Tub, Water Softener (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Room Count: 15
  • Total Bedrooms: 3
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Daylight, Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Washer
  • Sq Ft Combined: 3777
  • Sq Ft Lower Floor: 1600
  • Total Sq Ft: 2177
  • Sq Ft Total Bsmt: 1736

Exterior Features

  • Roof Material: Composition
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exclusions: Yes
  • Exterior Features: Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 154
  • Porch Type: Deck, Porch - Covered
  • Road Frontage Type: Gravel, Paved, Private
  • Waterfront Description: Lake/River Priv

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity, Side Entrance
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Attic Fan, Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Well (Existing)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Lake Orion

Lot Info

  • Homestead: Yes
  • List Price per Acre: 543478.2609
  • Lot Features: Wooded
  • Lot Size Area: 0.46
  • Lot Dimensions: 154X258
  • Parcel Number: 0910429059

Tax Info

  • Tax Amount Summer: 1983.0000
  • Tax Amount Winter: 796.0000
  • Total Tax: 2779.0000

Multi Family

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

MLS Schools

  • School District: Lake Orion

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2016
Closed on
Jun 6, 2016
Sold by
Tait Aaron and Tait Stefanie
Bought by
Schaub Thomas
Seller's Agent
Deborah Field Cavanaugh
Max Broock, REALTORS®-Bloomfield Hills
Buyer's Agent
Juliet Jozwick
Max Broock, REALTORS®-Bloomfield Hills
List Price
$250,000
Sold Price
$252,000
Premium/Discount to List
$2,000
0.8%
Current Estimated Value
$536,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,861
Avg. Annual Appreciation
8.11%
Original Mortgage
$239,400
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 29, 2011
Closed on
Apr 25, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Tait Aaron
Seller's Agent
Diane Hill
Benjamin Management Group, Inc
Buyer's Agent
Kristin Calvert
Heritage Real Estate
List Price
$224,000
Sold Price
$153,000
Premium/Discount to List
-$71,000
-31.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.91%
Original Mortgage
$149,121
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 4, 2010
Sold by
Palermo Joseph J and Arquette Palermo Michele R
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Jun 24, 2005
Sold by
Rohr Adam D and Rohr Kimberly L
Bought by
Palermo Joseph J and Palermo Michele R Arquette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,300
Interest Rate
5.75%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 29, 1996
Sold by
Mcdonald Thomas
Bought by
Rumptz Mark
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
Schaub Thomas $252,000 None Available
Federal Home Loan Mortgage Corp $131,787 None Available
Palermo Joseph J $276,500 Great Lakes Title Of Mi
Rumptz Mark -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaub Thomas $239,400
Previous Owner Palermo Joseph J $55,300
Previous Owner Palermo Joseph J $221,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2016 06/06/16 Sold $252,000 +0.8% $116 / Sq Ft
04/19/2016 04/19/16 Pending -- -- --
04/15/2016 04/15/16 For Sale $250,000 +63.4% $115 / Sq Ft
04/28/2012 04/28/12 Sold $153,000 -31.7% $70 / Sq Ft
04/23/2012 04/23/12 Pending -- -- --
12/29/2011 12/29/11 For Sale $224,000 -- $103 / 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 $4,330 $248,170 $0 $0
2023 $4,131 $227,640 $0 $0
2022 $5,826 $210,220 $0 $0
2021 $5,561 $203,110 $0 $0
2020 $3,785 $189,930 $0 $0
2019 $5,149 $178,550 $0 $0
2018 $5,135 $171,620 $0 $0
2017 $5,727 $171,620 $0 $0
2016 $2,963 $138,240 $0 $0
2015 -- $116,340 $0 $0
2014 -- $97,730 $0 $0
2011 -- $92,020 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216035259

Realcomp

APN: 09-10-429-059