NOT LISTED FOR SALE

816 Indian Lake Rd Lake Orion, MI 48362

Estimated Value: $430,000 - $462,000

4 Beds
3.5 Baths
1,699 Sq Ft
$259/Sq Ft Est. Value

Last Sold June 20, 2012

Last sale price $155,000 $91 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $2,512/month

199 Days on Market

Highlights

  • 0.83 Acre Lot
  • Lake Privileges
  • Ranch Style House
  • Blanche Sims Elementary School Rated A-
  • Deck
  • No HOA

About This Home

As of June 2012

Short Sale Approved at $155,000! Cash, FHA 203K or JAMCO 7 Mortgage Only! Roof must be replaced immediately after close. For JAMCO 7 mortgage call Lynne Droope at 248-608-8942. Cherished ranch w/lake privileges on lg lot has 4th Bdrm in Fin Walkout Basement w/ kitchen, full bath, gas fplace & doorwall to lg patio - could be in-law quarters! Has open flr plan, 2 gas Fplaces, MF laundry & doorwall to lg elevated deck overlooking yard & wetlands.

Last Agent to Sell the Property

Scott Sowles

Key Realty One License #6501315192 Listed on: 07/24/2011

Last Buyer's Agent

Michael Wang

Myco's Real Estate LLC License #6501111842

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1995

Lot Details

  • 0.83 Acre Lot
  • Lot Dimensions are 90 x 510

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,699 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Sump Pump
  • Fireplace in Basement

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Lake Privileges
  • Deck
  • Patio
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Bunny Run Country Club Annex No 4 Subdivision
  • Property is near a ravine

Listing and Financial Details

  • Assessor Parcel Number 0901128005

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,602

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: YES
  • Year Built: 1995
  • Foundation Features: Sump Pump
  • Special Features: 12
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Humidifier, Water Softener (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Basement, Great Room
  • Room Count: 13
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Refrigerator, Range/Stove
  • Sq Ft Combined: 2499
  • Sq Ft Lower Floor: 800
  • Total Sq Ft: 1699

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exterior Features: Lighting
  • Frontage Feet: 90
  • Porch Type: Deck, Patio
  • Road Frontage Type: Gravel
  • Sideof Street: S
  • Waterfront Description: Lake/River Priv

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • 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

Schools

  • School District: Lake Orion

Lot Info

  • Homestead: Yes
  • List Price per Acre: 186747.0000
  • Lot Features: Hilly-Ravine
  • Lot Size Area: 0.83
  • Lot Dimensions: 90 X 510
  • Parcel Number: 0901128005

Tax Info

  • Tax Amount Summer: 2048.0000
  • Tax Amount Winter: 554.0000
  • Total Tax: 2602.0000

MLS Schools

  • School District: Lake Orion

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2011
Closed on
Jun 20, 2012
Sold by
Fournier Tammy G and Spurrier James D
Bought by
Bilbrey Timothy John
Seller's Agent
Scott Sowles
Key Realty One
Buyer's Agent
Michael Wang
Myco's Real Estate LLC
List Price
$174,900
Sold Price
$155,000
Premium/Discount to List
-$19,900
-11.38%
Current Estimated Value
$439,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,247
Avg. Annual Appreciation
8.11%
Original Mortgage
$152,192
Outstanding Balance
$108,250
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$330,997

Purchase Details

Closed on
Jun 21, 2005
Sold by
Spurrier Tammy G and Courtney James W
Bought by
Spurrier James D and Spurrier Tammy G

Purchase Details

Closed on
Apr 8, 2005
Sold by
Spurrier Tammy G and Courtney James W
Bought by
Spurrier Tammy G and Courtney James W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
7.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2004
Sold by
Fournier Tammy G
Bought by
Fournier Tammy G and Courtney James W

Purchase Details

Closed on
Sep 26, 2003
Sold by
Fournier Ronald J
Bought by
Fournier Tammy G

Purchase Details

Closed on
Sep 12, 1995
Sold by
Vackaro Dan
Bought by
Fournier Ronald J and Fournier Tammy G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 1994
Sold by
Larry Mullins Trust
Bought by
Vackaro Dan
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
Bilbrey Timothy John $155,000 Multiple
Spurrier James D -- --
Spurrier Tammy G -- Northwest Title & Escrow
Fournier Tammy G -- --
Fournier Tammy G -- --
Fournier Ronald J $150,000 --
Vackaro Dan $32,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bilbrey Timothy John $152,192
Previous Owner Spurrier Tammy G $279,000
Previous Owner Fournier Ronald J $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2012 06/20/12 Sold $155,000 -11.4% $91 / Sq Ft
02/08/2012 02/08/12 Pending -- -- --
07/24/2011 07/24/11 For Sale $174,900 -- $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 $2,496 $193,710 $0 $0
2023 $2,381 $175,150 $0 $0
2022 $3,378 $160,790 $0 $0
2021 $3,225 $150,320 $0 $0
2020 $2,182 $144,710 $0 $0
2019 $2,985 $135,060 $0 $0
2018 $2,961 $124,140 $0 $0
2017 $2,827 $124,140 $0 $0
2016 $2,817 $119,400 $0 $0
2015 -- $104,740 $0 $0
2014 -- $93,620 $0 $0
2011 -- $86,490 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2012

    Scott Sowles

    Key Realty One

    Section Image

  • M

    Buyer's Agent in 2012

    Michael Wang

    Myco's Real Estate LLC

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Map

Source: Realcomp

MLS Number: 211081683

Realcomp

APN: 09-01-128-005

Michigan Oakland County Lake Orion 48362

816 Indian Lake Rd, Lake Orion, MI

This home is located at 816 Indian Lake Rd, Lake Orion, MI 48362 since 24 July 2011 and is currently estimated at $439,247, approximately $258 per square foot. This property was built in 1995. 816 Indian Lake Rd is a home located in Oakland County with nearby schools including Blanche Sims 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.

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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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