For Sale
492 Algene Street, Lake Orion, MI 48362
$338,000
MLS # 20261041460 (Realcomp)
3 beds2 baths1,037 sqftBuilt 19500.2 acres
1 / 26
Listing Description
Imagine 492 Algene St, a residence designed for everyday practicality and comfort, with thoughtful enhancements throughout. The kitchen features an accent backsplash and contains all stainless steel appliances, providing a streamlined culinary environment. An exterior patio extends to a fully fenced in backyard, providing functional outdoor space. Experience a blend of modern style and functional living. Buyer/agent advised to verify homestead vs non homestead tax status with a tax professional.Included 100-Day Home Warranty with buyer activation
Source: SparkMLS
About this home
3-bedroom, 2-bath, 1,037 sq ft home in Orion Township in Lake Orion built in 1950.
Listed at $338,000 (about $326/sq ft).
Property tax estimate: $2,327 per year ($194/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
Bedrooms3
Bathrooms2
Living Area1,037 sqft
Lot Size0.2 acres
Year Built1950
Stories2
Location
CityLake Orion
MunicipalityOrion Charter Twp
Zip Code48362
CountyOakland
School DistrictLake Orion
Construction & Systems
ConstructionAluminum Siding, Vinyl Siding
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed6/4/2026
Terms AcceptedCash, Conventional, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$2,327
State Equalized Value$94,980
Taxable Value$53,360
Parcel #0911184008
Source: Public Records
Legal Description
T4N, R10E, SEC 11 RECREATION HEIGHTS ADD LOT 41
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Daniel Beirne
OpenDoor Brokerage LLC
Frequently Asked Questions about 492 Algene Street, Lake Orion, MI 48362
Which school district serves 492 Algene Street, Lake Orion, MI 48362?
Per MLS# 20261041460, 492 Algene 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 492 Algene Street, Lake Orion, MI 48362?
Per MLS# 20261041460, this listing accepts Cash, Conventional, VA Loan financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 492 Algene Street, Lake Orion, MI 48362?
Per public tax records, annual property taxes for this property are $2,327. 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, 492 Algene 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 492 Algene 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 492 Algene 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.
Map
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Monthly payment$2,192
Principal & interest$2,192
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
492 Algene Street, Lake Orion, MI 48362
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Municipality
Orion Township
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County
Oakland County
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