NOT LISTED FOR SALE

873 Merritt Ave Lake Orion, MI 48362

Estimated Value: $268,000 - $395,000

2 Beds
2 Baths
1,308 Sq Ft
$235/Sq Ft Est. Value

Last Sold December 22, 2023

Last sale price $240,000 $183 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,884/month

16 Days on Market

Highlights

  • Spa
  • Lake Privileges
  • Contemporary Architecture
  • Orion Oaks Elementary School Rated A-
  • Deck
  • Ground Level Unit

About This Home

As of December 2023

Make this home your own! Great two story with lots of potential.
Welcome to 873 Merritt Avenue where you'll find a charming two bedroom, two full bath home situated on a half acre lot. Upstairs you'll be greeted by a very large spacious family room with vaulted ceilings and beautiful wood beams. BATVAM

Last Agent to Sell the Property

Dianne Giovinazzo

Coldwell Banker Professionals License #6501377526 Listed on: 11/17/2023

Coldwell Banker Professionals

Last Buyer's Agent

Stephen Tersigni

Times Realty, LLC License #6501422044

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1937 | Remodeled in 2023

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 60x60x400x400
  • Fenced
  • Irregular Lot

Home Design

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

Interior Spaces

  • 1,308 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement
  • Walk-Out Basement
  • Attic Fan

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Spa
  • Lake Privileges
  • Deck
  • Patio
  • Shed

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0911351008

Community Details

Overview

  • No Home Owners Association
  • Lake Orion Heights No 1 Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,981

Year Built

Built in 1937 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Contemporary
  • Architecture Level: 2 Story
  • Year Built: 1937
  • State Equalized Value: 103790.0000
  • Year Renovated: 2023
  • Entry Location: Ground Level
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Partially Finished, Walkout Access
  • Sq Ft Combined: 1608
  • Sq Ft Lower Floor: 300
  • Total Sq Ft: 1308
  • Sq Ft Total Bsmt: 756

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Lake Orion
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Spa/Hot-tub, Fenced
  • Foundation Materials: Poured
  • Frontage Feet: 60
  • Porch Type: Deck, Patio
  • Road Frontage Type: Paved
  • Waterfront Description: Lake Privileges
  • Fencing: Fenced

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Attic Fan, Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Well (Existing)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Lake Orion

Lot Info

  • Lot Features: Irregular
  • Lot Size Area: 0.54
  • Lot Dimensions: 60x60x400x400
  • Parcel Number: 0911351008

Tax Info

  • Tax Amount Summer: 1338.0000
  • Tax Amount Winter: 643.0000
  • Total Tax: 1981.0000

Multi Family

  • Waterfront Features: All Sports Lake

MLS Schools

  • School District: Lake Orion

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2023
Closed on
Dec 22, 2023
Sold by
Balhorn Cynthia K
Bought by
Sweetman Thomas
Seller's Agent
Dianne Giovinazzo
Coldwell Banker Professionals
Buyer's Agent
Stephen Tersigni
Times Realty, LLC
List Price
$260,000
Sold Price
$240,000
Premium/Discount to List
-$20,000
-7.69%
Views
88
Current Estimated Value
$307,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,210
Avg. Annual Appreciation
14.79%
Source: Public Records

Range of Values:

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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
Sweetman Thomas $240,000 Ata National Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2023 12/22/23 Sold $240,000 -4.0% $183 / Sq Ft
12/04/2023 12/04/23 Pending -- -- --
11/26/2023 11/26/23 Price Changed $250,000 -3.8% $191 / Sq Ft
11/17/2023 11/17/23 For Sale $260,000 -- $199 / 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 $2,970 $123,960 $0 $0
2023 $1,405 $113,690 $0 $0
2022 $1,981 $103,790 $0 $0
2021 $1,891 $98,150 $0 $0
2020 $1,287 $89,480 $0 $0
2019 $1,751 $84,570 $0 $0
2018 $1,747 $81,450 $0 $0
2017 $1,668 $81,450 $0 $0
2016 $1,662 $73,120 $0 $0
2015 -- $62,680 $0 $0
2014 -- $53,800 $0 $0
2011 -- $50,170 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dianne Giovinazzo

    Seller's Agent in 2023

    Dianne Giovinazzo

    Coldwell Banker Professionals

    (248) 378-0226

    8 in this area

    83 Total Sales

    Dianne Giovinazzo
    Section Image

  • S

    Buyer's Agent in 2023

    Stephen Tersigni

    Times Realty, LLC

    (248) 303-4169

    1 in this area

    23 Total Sales

    Stephen Tersigni
    Section Image
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Map

Source: Realcomp

MLS Number: 20230093168

Realcomp

APN: 09-11-351-008

Michigan Oakland County Lake Orion 48362

873 Merritt Ave, Lake Orion, MI

This home is located at 873 Merritt Ave, Lake Orion, MI 48362 since 17 November 2023 and is currently estimated at $307,210, approximately $234 per square foot. This property was built in 1937. 873 Merritt Ave 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
Copyright 2025 Realcomp II Ltd. Shareholders
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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