Sold
159 N WASHINGTON Street, Lake Orion, MI 48362
Sold on 09/12/2023 for$300,000
MLS # 20230057291 (Realcomp)
3 beds2 baths1,399 sqftBuilt 19470.31 acres
1 / 20
Listing Description
Hard To Come By Village Charmer On Double Lot & 3 Car Garage!! Inside boasts 3 bedrooms, 2 baths and two large living areas. Basement is unfinished but could easily be finished for additional square footage. Enjoy village living - walking to all of the restaurants, parks and amenities Lake Orion has to offer! Award winning Lake Orion Schools. Updates Include- Newer Furnace(2023), Minisplit AC/HEAT Just Installed In Upper Level (2023), New Carpet (2022), Paint(2023), Second Full Bathroom Remodel In Basement & New Side Door To Be Installed. Hurry, this is a great opportunity and won't last! Land contract terms available at 20% down, 9% interest rate, interest only payment, 3 yrs term
Source: SparkMLS
About this home
This 3-bedroom, 2-bath, 1,399 sq ft home built in 1947 sits in Lake Orion Village in Lake Orion.
Final sale price: $300,000 (about $214/sq ft).
Estimated annual property tax: $4,916, or about $410 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
Bedrooms3
Bathrooms2
Living Area1,399 sqft
Lot Size0.31 acres
Year Built1947
Stories2
Location
CityLake Orion
MunicipalityLake Orion Vlg
Zip Code48362
CountyOakland
School DistrictLake Orion
Construction & Systems
ConstructionVinyl Siding
BasementCrawl Space
Garage3 spaces
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed7/12/2023
Sold Date9/11/2023
Original Price$325,000
Terms AcceptedCash, Conventional, FHA, Land Contract, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$4,916
State Equalized Value$150,410
Taxable Value$135,680
Parcel #0902444009
Source: Public Records
Legal Description
T4N, R10E, SEC 2 HEMINGWAY'S PLAT LOTS 1 & 2 BLK 11 1-31-18 FR 008
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Sarah Jones
Max Broock Realtors Oxford
Frequently Asked Questions about 159 N WASHINGTON Street, Lake Orion, MI 48362
Which school district serves 159 N WASHINGTON Street, Lake Orion, MI 48362?
Per MLS# 20230057291, 159 N WASHINGTON 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 financing options are available for 159 N WASHINGTON Street, Lake Orion, MI 48362?
Per MLS# 20230057291, this listing accepts Cash, Conventional, FHA, Land Contract, 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 159 N WASHINGTON Street, Lake Orion, MI 48362?
Per public tax records, annual property taxes for this property are $4,916. 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, 159 N WASHINGTON 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 159 N WASHINGTON 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 159 N WASHINGTON 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$1,945
Principal & interest$1,945
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
159 N WASHINGTON Street, Lake Orion, MI 48362
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Municipality
Lake Orion Village
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County
Oakland County
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