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1092 Walloon Way

1092 Walloon Way, Lake Orion, MI 48360
Property in Orion
Sold Jan 02, 2018
$250,000
$235,000 by Us Bank Na
Mortgage Due Jan 01, 2048
Sold May 14, 2004
$245,000
$36,750 by Westminster Mortgage Corp
Mortgage Due Feb 20, 2014
Local assessors in Lake Orion, MI have categorized 1092 Walloon Way as a residential type of property. The home was built in 1992 and is 32 years old. The property's lot size has been calculated to be 14,070 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1092 Walloon Way has a total of 1,929 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 390 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with brick control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1092 Walloon Way was last sold in Dec 8, 2017 for $250,000. According to our calculations, that's $129.60 per sqft. Prior to that sales transaction, the property was sold for $245,000 in Feb 20, 2004. Current property owners are expected to pay $3,619 in taxes per year. The property on 1092 Walloon Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $110,890. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Quality: C
  • Construction Type: Brick
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 676
  • Garage Type: Garage
  • Garage Square Area: 390
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 14,070
  • Total Building Area: 1,929
  • Building Area: 1,929
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,929
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OAKLAND COUNTY CONDOMINIUM
  • Land Acres: 0.323
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: T4N, R10E, SEC 14 OAKLAND COUNTY CONDOMINIUM PLAN NO 727 HEMINGWAY WOODS CONDOMINIUM UNIT 2 L 11902 P 871 6-7-91 FR 100-002 &

Ownership

  • Current Owner : SERRA JOSEPH THOMAS
  • Current Owner 2: SERRA EMILY ANN
  • Previous Owner : ROEBUCK JOHN A
  • Owner Before Previous Owner: NIEMIEC JOSEPH
  • Owner Before Previous Owner 2: NIEMIEC GLORIA A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lake Orion Community Schools
  • School Tax School District: 63230
  • Census Tract: 128400

Zoning

  • Zoning: KI

Geography

  • District: O
  • Parcel: O -09-14-101-003
  • Meridian: SEC 14 TWN 04N RNG 10E
  • Municipality: ORION TWP
  • Latitude: 42.7665
  • Longitude: -83.2528

    Address

  • Full Address: 1092 Walloon Way
  • Legal Unit: 2
  • Address - House Number: 1092
  • Address - Street Name: Walloon
  • Address - Suffix Type: Way
  • State: MI
  • City Name: Lake Orion
  • Carrier Code: C037
  • 4-Digit Zip Code: 1318
  • Zip Code: 48360

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,619

    Appraisal Valuation

  • Standard Deviation: 0.1739
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 77
  • Final Value: 312,008
  • High Value: 366,271
  • Low Value: 257,744

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $235,000
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Jan 02, 2018
  • First Open Lien Mortgage Loan Amount: $235,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2048

    Market Valuation

  • Market Total Value: $221,780

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $110,890

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 08, 2017
  • Current Sale Recording Date: Jan 02, 2018
  • Current Sale Transaction ID: 11360886530
  • Current Sale Price: $250,000
  • Current Sale Document Type: Personal Representatives Deed
  • Current Sale Input Document Number: 000471
  • Previous Sale Recording Date: May 14, 2004
  • Previous Sale Contract Date: Feb 20, 2004
  • Previous Sale Amount: $245,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Jan 02, 2018
  • First Mortgage Loan Amount: $235,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: WESTMINSTER MORTGAGE CORP
  • Previous Mortgage Transaction Date: May 14, 2004
  • Previous Mortgage Loan Amount: $36,750
  • Previous Mortgage Term: 116
  • Previous Mortgage Loan Type: Credit Line (Revolving)
  • Previous Mortgage Loan Due Date: Feb 20, 2014

About Lake Orion



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Frequently Asked Questions

What neighborhood is 1092 Walloon Way located in?
The 1092 Walloon Way is a located in the neighborhood of Orion in Lake Orion, Lake Orion.
What is the average sales price for listings in 1092 Walloon Way?
The average sales price for units in 1092 Walloon Way is $0 currently.

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