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331 Summit Boulevard

331 Summit Boulevard, Lake Orion, MI 48362
Property in Orion
Sold Sep 02, 2021
$234,000
$210,600 by Homesite Mortgage Llc
Mortgage Due Sep 01, 2051
Sold Jan 03, 2012
$66,000
331 Summit Boulevard in Lake Orion, MI was first built in 1978 and is 46 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a tri-level style. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 331 Summit Boulevard has 1,415 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 720 ft and the linear feet between the front and back of the lot is 1,280. In total, the area measurement of the land is 8,625 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 429 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of wood siding. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 331 Summit Boulevard was last sold in Aug 13, 2021 for $234,000. According to our calculations, that's $165.37 per sqft. Prior to that sales transaction, the property was sold for $66,000 in Dec 20, 2011. Current property owners are expected to pay $3,256 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2016. The property on 331 Summit Boulevard was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $100,270. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1978
  • Effective Year Built: 1978
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Quality: C
  • Building Style: Tri-level
  • Exterior Walls Type: Wood siding
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 429
  • Garage Type: Garage
  • Garage Square Area: 429
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,625
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 720
  • Total Building Area: 1,415
  • Building Area: 1,415
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,415
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKE ORION COUNTRY CLUB
  • Land Acres: 0.198
  • Standard Land Use Code: Single family residential
  • Legal Description 1: T4N, R10E, SEC 11 LAKE ORION COUNTRY CLUB LOTS 5 & 6 BLK 2

Ownership

  • Current Owner : SMITH ERIN R
  • Previous Owner : COLEMAN CATHERINE J
  • Owner Before Previous Owner: FEDERAL HOME LOAN MORTGAGE CORPORATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lake Orion Community Schools
  • School Tax School District: 63230
  • Census Tract: 128500

Zoning

  • Zoning: SI

Geography

  • District: O
  • Parcel: O -09-11-340-059
  • Block: 2
  • Lot: 5-6
  • Meridian: SEC 11 TWN 04N RNG 10E
  • Municipality: ORION TWP
  • Latitude: 42.7732
  • Longitude: -83.2455

    Address

  • Full Address: 331 Summit Blvd
  • Address - House Number: 331
  • Address - Street Name: Summit
  • Address - Suffix Type: Blvd
  • State: MI
  • City Name: Lake Orion
  • Carrier Code: C028
  • 4-Digit Zip Code: 2876
  • Zip Code: 48362

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,256
  • Intital Tax Deliquent Year: 2016

    Appraisal Valuation

  • Standard Deviation: 0.1965
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 73
  • Final Value: 274,117
  • High Value: 327,994
  • Low Value: 220,239

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $210,600
  • First Open Lien Mortgage Lender: HOMESITE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Sep 02, 2021
  • First Open Lien Mortgage Loan Amount: $210,600
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $200,540

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $100,270

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 13, 2021
  • Current Sale Recording Date: Sep 02, 2021
  • Current Sale Transaction ID: 11855728899
  • Current Sale Price: $234,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 213676
  • Previous Sale Recording Date: Jan 03, 2012
  • Previous Sale Contract Date: Dec 20, 2011
  • Previous Sale Amount: $66,000
  • Previous Sale Document Type: Other

    Last Sale Mortgage

  • First Mortgage Lender: HOMESITE MORTGAGE LLC
  • First Mortgage Transaction Date: Sep 02, 2021
  • First Mortgage Loan Amount: $210,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

About Lake Orion



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Frequently Asked Questions

What neighborhood is 331 Summit Boulevard located in?
The 331 Summit Boulevard is a located in the neighborhood of Orion in Lake Orion, Lake Orion.
What is the average sales price for listings in 331 Summit Boulevard?
The average sales price for units in 331 Summit Boulevard is $0 currently.

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