NOT LISTED FOR SALE

74 Park Island Dr Lake Orion, MI 48362

Estimated Value: $469,000 - $736,000

3 Beds
2.5 Baths
1,466 Sq Ft
$443/Sq Ft Est. Value

Last Sold February 05, 2024

Last sale price $670,000 $457 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,306/month

86 Days on Market

Highlights

  • 62 Feet of Waterfront
  • Dock Facilities
  • Colonial Architecture
  • Orion Oaks Elementary School Rated A-
  • Lake Privileges
  • No HOA

About This Home

As of February 2024

Rare Opportunity, never been listed. This is the main home of three congruent properties the other two properties have three units each, (triplexe income properties). Buy one or all three. Welcome home to this prime Lakefront property on all sports Lake Orion, in the heart of Village. Two story home with walkout basement & four car garage. Walkout has a full bath, rec rm, wet bar, fireplace, hot tub, laundry room & gas line for 2nd stove. Garage is heated, utility sink, workbench. Updates: a few new vinyl windows & siding, GDOpeners, covered porch to the lakeside, boat well with lift & dock. Beautiful sunsets, all sports lake lifestyle, prime location to watch fireworks, 62' Lake frontage, sea wall, landscaping retaining wall & sea wall. Appliance included as is
Pre-approved buyers only.BATVAI

The seller will sell this property separately however they would welcome a package sale of all three properties. 74 Park Island MLS#20230092969 $700,000, 80, 82, 84 Park Island MLS# 202300949385 $800,000 & 88, 90 1 & 2 Park Island MLS#2023009440 $900,000. Shared irrigation system for all 3 properties, selling "as is."

Last Agent to Sell the Property

Andrea Elam White

Elam Realty License #6501266460 Listed on: 11/10/2023

Last Buyer's Agent

Jessica Juel

Arterra Luxe Collection LLC License #6501418220

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1940

Lot Details

  • 5,227 Sq Ft Lot
  • 62 Feet of Waterfront
  • Lake Front

Parking

  • 4 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Rubber Roof

Interior Spaces

  • 1,466 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Dryer

Kitchen

  • Built-In Electric Oven
  • Range Hood
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms

Partially Finished Basement

  • Walk-Out Basement
  • Fireplace in Basement
  • Basement Window Egress

Outdoor Features

  • Dock Facilities
  • Lake Privileges
  • Covered Patio or Porch

Location

  • Ground Level

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0911252002
  • $3,000 Seller Concession

Community Details

Overview

  • No Home Owners Association
  • Assr's Replat Of Decker's Add Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,861

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 3 Story
  • Assessment: 124.00; Lake Weed Control
  • Year Built: 1940
  • State Equalized Value: 226930.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Breed Restrictions, Call, Cats OK, Dogs OK, Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Cable Available, Circuit Breakers, Egress Window(s), Furnished - No, Wet Bar
  • Fireplace: Yes
  • Fireplace Locations: Basement
  • Room Count: 11
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished, Walkout Access
  • Kitchen Appliances: Built-In Electric Oven, Dryer, Free-Standing Refrigerator, Microwave, Range Hood
  • Sq Ft Combined: 2066
  • Sq Ft Lower Floor: 600
  • Total Sq Ft: 1466
  • Sq Ft Total Bsmt: 733

Exterior Features

  • Roof Material: Asphalt, Rubber
  • Waterfront Name: Lake Orion
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Foundation Materials: Block
  • Frontage Feet: 49
  • Porch Type: Porch - Covered, Patio, Porch
  • Road Frontage Type: Paved
  • Sideof Street: W
  • Water Frontage Feet: 62.00
  • Waterfront Description: Direct Water Frontage, Lake Front, Lake Privileges

Garage/Parking

  • Garage Size: 4 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Hot Water
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Lake Orion

Lot Info

  • Lot Size Area: 0.12
  • Lot Dimensions: 55x98 irrg
  • Parcel Number: 0911252002

Tax Info

  • Tax Amount Summer: 3914.0000
  • Tax Amount Winter: 947.0000
  • Total Tax: 4861.0000
  • Taxable Value: 106710.0000

Multi Family

  • Waterfront Features: All Sports Lake, Dock Facilities, DIRFRT

MLS Schools

  • School District: Lake Orion

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2023
Closed on
Jan 30, 2024
Sold by
Verpooten Christopher Casper and Pinckard Roxanne Marie
Bought by
Kullis Joshua G
Seller's Agent
Andrea Elam White
Elam Realty
Buyer's Agent
Jessica Juel
Arterra Luxe Collection LLC
List Price
$700,000
Sold Price
$670,000
Premium/Discount to List
-$30,000
-4.29%
Views
103
Current Estimated Value
$648,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,228
Avg. Annual Appreciation
-4.44%
Original Mortgage
$596,000
Outstanding Balance
$588,361
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$35,490

Purchase Details

Closed on
Sep 20, 2023
Sold by
Wilbert L Verpooten L and Wilbert Sylvia J
Bought by
Verpooten Christopher Casper and Pinckard Roxanne Marie

Purchase Details

Closed on
Feb 26, 2013
Sold by
Verpooten Sylvia and Verpooten Sylvia J
Bought by
Verpooten Sylvia J and The Wilbert L Verpooten & Sylv

Purchase Details

Closed on
Nov 16, 2001
Sold by
Verpooten Wilbert L
Bought by
Verpooten Wilbert L and Verpooten Sylvia J
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
Kullis Joshua G $670,000 None Listed On Document
Kullis Joshua G $670,000 None Listed On Document
Verpooten Christopher Casper -- None Listed On Document
Verpooten Sylvia J -- None Available
Verpooten Wilbert L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kullis Joshua G $596,000
Closed Kullis Joshua G $596,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2024 02/05/24 Sold $670,000 -4.3% $457 / Sq Ft
02/05/2024 02/05/24 Pending -- -- --
11/10/2023 11/10/23 For Sale $700,000 -- $477 / 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 $9,337 $249,700 $0 $0
2023 $3,914 $226,930 $0 $0
2022 $4,674 $192,090 $0 $0
2021 $4,472 $190,890 $0 $0
2020 $3,594 $181,410 $0 $0
2019 $3,029 $170,700 $0 $0
2018 $4,240 $166,440 $0 $0
2017 $4,072 $166,440 $0 $0
2016 $4,046 $149,030 $0 $0
2015 -- $142,680 $0 $0
2014 -- $125,330 $0 $0
2011 -- $104,490 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Andrea Elam White

    Elam Realty

    (248) 666-2095

    19 Total Sales

    Andrea Elam White
    Section Image
  • Jessica Juel

    Buyer's Agent in 2024

    Jessica Juel

    Arterra Luxe Collection LLC

    (248) 878-1961

    162 Total Sales

    Jessica Juel
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20230092969

Realcomp

APN: 09-11-252-002

Michigan Oakland County Lake Orion 48362

74 Park Island Dr, Lake Orion, MI

This home is located at 74 Park Island Dr, Lake Orion, MI 48362 since 10 November 2023 and is currently estimated at $648,772, approximately $442 per square foot. This property was built in 1940. 74 Park Island Dr is a home located in Oakland County with nearby schools including Orion Oaks Elementary School, Oakview Middle School, and Lake Orion Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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