Sold
355 PARK Avenue, Lake Orion, MI 48362
Sold on 06/30/2023 for$685,000
MLS # 20230012185 (Realcomp)
4 beds3 baths3,147 sqftBuilt 19830.12 acres
1 / 44
Listing Description
Peninsula location on all-sports Lake Orion! 45' of gorgeous water frontage with upgraded seawall & dock! Sunset views from the great room, deck, and 2 paver patios plus water views from the front yard. Contemporary style, 2 x 6 construction built in 1983 from the ground up on a great lot! Large, completely finished walkout basement with an extra block for high ceilings! Perfect for entertaining with a granite wet bar & suspended granite shelf, 2nd full kitchen, full bathroom, game area, and family room area with fireplace - open floor plan with recessed lighting. Two-story great room with 19' wood ceilings & unique design of 2 large, updated picture windows facing west! Extra large dining area open to the great rm with french doors to the deck. Kitchen has counter seating, pantry cabinet, and stainless appliances. First floor bedroom with 2 closets plus upgraded bathroom with granite vanity & custom tiled shower with glass doors. Full bathroom and 3 very large bedrooms upstairs plus a 12' x 14' loft overlooking the great rm. Attached finished garage, long driveway, and extra public parking along Park Ave, overlooking the beautiful park and play area. Ground level front entrance with paver walkway & stylish paver design. Roof is approx 2014. Hot water heater is approx 4-5 yrs old. Seawall and boardwalk patio / stonework are approx 2014. New exterior staircase May 2023, beautifully lined with perennials! Mostly brick exterior. Lots of closets. Neighboring Indianwood golf course and minutes to downtown Lake Orion restaurants & shopping. Summer and year-round fun!
Source: SparkMLS
About this home
4-bedroom, 3-bath, 3,147 sq ft home in Lake Orion Village in Lake Orion built in 1983.
Closed at $685,000 (about $218/sq ft).
Property tax estimate: $7,588 per year ($632/month). 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
Bedrooms4
Bathrooms3
Living Area3,147 sqft
Lot Size0.12 acres
Year Built1983
Stories2
Location
CityLake Orion
MunicipalityLake Orion Vlg
Zip Code48362
CountyOakland
School DistrictLake Orion
Construction & Systems
ConstructionBrick, Wood Siding
BasementWalk-Out Access
Garage2 spaces
HeatingForced Air
WaterPublic
InteriorBasement Finished
Sale & Financing
Listed2/20/2023
Sold Date6/29/2023
Original Price$715,000
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$7,588
State Equalized Value$340,040
Taxable Value$328,430
Parcel #0903431003
Source: Public Records
Legal Description
T4N, R10E, SEC 3 ORION SUMMER HOME CO'S SUB LOT 74
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Karen Dafoe
Epique Realty
Frequently Asked Questions about 355 PARK Avenue, Lake Orion, MI 48362
What school district is 355 PARK Avenue, Lake Orion, MI 48362 in?
Per MLS# 20230012185, this property is served by Lake Orion. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 20230012185, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20230012185, the most recent reported annual property tax for 355 PARK Avenue, Lake Orion, MI 48362 is $7,588. 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.
Is 355 PARK Avenue, Lake Orion, MI 48362 eligible for USDA financing?
Per USDA Rural Development boundary data, 355 PARK Avenue, 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.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 355 PARK Avenue, Lake Orion, MI 48362 is in flood zone X (minimal risk). 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.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Oakland County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
Map
Mortgage Calculator
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Monthly payment$4,443
Principal & interest$4,443
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
355 PARK Avenue, Lake Orion, MI 48362
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Municipality
Lake Orion Village
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County
Oakland County
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