Sold
144 W ELIZABETH Street, Lake Orion, MI 48362
Sold on 09/06/2023 for$190,000
MLS # 20221050730 (Realcomp)
2 beds1 bath720 sqftBuilt 19540.24 acres
1 / 15
Listing Description
Rare opportunity to own this beautiful Ranch. Walking distance from Downtown Lake Orion nearby major shops and attractions. Features include open living room and kitchen. Recently renovated bathroom and freshly painted walls throughout. And don't forget the large 24 ft long x 31 ft wide and 16 ft tall pole barn that contains two large commercial entries that can be used for a vast array of different things.
Source: SparkMLS
About this home
This 2-bedroom, 1-bath, 720 sq ft home built in 1954 sits in Lake Orion Village in Lake Orion.
This home sold for $190,000 (about $264/sq ft).
Estimated annual property tax: $3,417, or about $285 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms2
Bathrooms1
Living Area720 sqft
Lot Size0.24 acres
Year Built1954
Stories1
Location
CityLake Orion
MunicipalityLake Orion Vlg
Zip Code48362
CountyOakland
School DistrictLake Orion
Construction & Systems
ConstructionConcrete
BasementCrawl Space, Slab
Garage3.5 spaces
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed4/20/2023
Sold Date9/5/2023
Original Price$249,500
Terms AcceptedConventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$3,417
State Equalized Value$94,060
Taxable Value$89,990
Parcel #0902426001
Source: Public Records
Legal Description
T4N, R10E, SEC 2 SUPERVISOR'S PLAT NO 8 PART OF LOT 6 DESC AS BEG AT PT DIST N 58-37-00 W 212 FT FROM SE LOT COR, TH N 58-37-00 W 98.36 FT, TH ALG CURVE TO LEFT, RAD 354.10 FT, DIST OF 117.43 FT, TH S 89-10-00 E 251.58 FT, TH S 31-23-00 W 114.58 FT TO BEG
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by John Mina Ibrahim
The Nickola Real Estate Group LLC
Frequently Asked Questions about 144 W ELIZABETH Street, Lake Orion, MI 48362
Which school district serves 144 W ELIZABETH Street, Lake Orion, MI 48362?
Per MLS# 20221050730, 144 W ELIZABETH Street, Lake Orion, MI 48362 is in the Lake Orion boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Lake Orion directly to confirm enrollment eligibility.
What type of financing is accepted for this listing?
Per MLS# 20221050730, this listing accepts Conventional, FHA, VA Loan financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 144 W ELIZABETH Street, Lake Orion, MI 48362?
Per public tax records, annual property taxes for this property are $3,417. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 144 W ELIZABETH Street, Lake Orion, MI 48362 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 144 W ELIZABETH Street, Lake Orion, MI 48362 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 144 W ELIZABETH Street, Lake Orion, MI 48362?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Oakland County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
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Monthly payment$1,459
Principal & interest$1,459
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
144 W ELIZABETH Street, Lake Orion, MI 48362
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Municipality
Lake Orion Village
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County
Oakland County
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