Check Availability

223 East Elizabeth Street

223 East Elizabeth Street, Lake Orion, MI 48362
Property in Orion
Sold Mar 20, 2006
$320,000
$208,000 by Jpmorgan Chase Bank Na
Mortgage Due Mar 01, 2036
Sold Feb 08, 2001
$280,790
Local assessors in Lake Orion, MI have categorized 223 East Elizabeth Street as a residential type of property. The home was built in 2000 and is 24 years old. The property's lot size has been calculated to be 8,407 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 900 ft. 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 9 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 223 East Elizabeth Street has a total of 2,816 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 410 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 - B-. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 223 East Elizabeth Street sold most recently in Mar 15, 2006 for a total of $320,000. If you work out the math, that's approximately a cost of $113.64 per sqft. Before that, the property was also sold for $280,790 in Jan 19, 2001. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,852 in taxes each year. 223 East Elizabeth Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $227,720. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Quality: B-
  • Construction Type: Brick
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,509
  • Garage Type: Garage
  • Garage Square Area: 410
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 8,407
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 900
  • Total Building Area: 2,816
  • Building Area: 2,816
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,816
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VILLAGE BY THE SHORES
  • Land Acres: 0.193
  • Standard Land Use Code: Single family residential
  • Legal Description 1: T4N, R10E, SEC 2 THE VILLAGE BY THE SHORES LOT 10 2-16-99 FR 431-001

Ownership

  • Current Owner : MULCAHY MICHAEL
  • Current Owner 2: MULCAHY JULIE A
  • Previous Owner : FAUST ERIC RAINER
  • Previous Owner 2: FAUST ALEKSANDRA
  • Owner Before Previous Owner: ROBERTSON ORION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lake Orion Community Schools
  • School Tax School District: 63230
  • Census Tract: 129000

Zoning

  • Zoning: RI

Geography

  • District: OL
  • Parcel: OL-09-02-427-007
  • Lot: 2,10
  • Meridian: SEC 02 TWN 04N RNG 10E
  • Municipality: LAKE ORION VILLAGE
  • Latitude: 42.7882
  • Longitude: -83.2381

    Address

  • Full Address: 223 E Elizabeth St
  • Address - House Number: 223
  • Street Direction: E
  • Address - Street Name: Elizabeth
  • Address - Suffix Type: St
  • State: MI
  • City Name: Lake Orion
  • Carrier Code: C022
  • 4-Digit Zip Code: 3116
  • Zip Code: 48362

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,852

    Appraisal Valuation

  • Standard Deviation: 0.189
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 75
  • Final Value: 559,082
  • High Value: 664,763
  • Low Value: 453,402

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $208,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Mar 03, 2021
  • First Open Lien Mortgage Loan Amount: $208,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2036

    Market Valuation

  • Market Total Value: $455,440

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $227,720

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 15, 2006
  • Current Sale Recording Date: Mar 20, 2006
  • Current Sale Transaction ID: 1104607695
  • Current Sale Price: $320,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 72001
  • Previous Sale Recording Date: Feb 08, 2001
  • Previous Sale Contract Date: Jan 19, 2001
  • Previous Sale Amount: $280,790
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NATIONAL CITY MORTGAGE
  • First Mortgage Transaction Date: Mar 20, 2006
  • First Mortgage Loan Amount: $255,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2036

About Lake Orion



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 223 East Elizabeth Street located in?
The 223 East Elizabeth Street is a located in the neighborhood of Orion in Lake Orion, Lake Orion.
What is the average sales price for listings in 223 East Elizabeth Street?
The average sales price for units in 223 East Elizabeth Street is $0 currently.

Quantcast