For Sale
512 FERNHURST Court, Lake Orion, MI 48362
$1,200,000
MLS # 20221055222 (Realcomp)
2 beds2 baths981 sqftBuilt 19201.67 acres
1 / 16
Listing Description
Main VALUE IS IN THE LAND. Build your dream home or multiple homes on the phenomenal serene spectacular lot with Unlimited Amazing Possibilites!
Source: SparkMLS
About this home
This 2-bedroom, 2-bath, 981 sq ft home built in 1920 sits in Orion Township in Lake Orion.
Asking $1,200,000 (about $1,223/sq ft).
Estimated annual property tax: $11,199, or about $933 monthly. Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
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Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms2
Bathrooms2
Living Area981 sqft
Lot Size1.67 acres
Year Built1920
Stories2
Location
CityLake Orion
MunicipalityOrion Charter Twp
Zip Code48362
CountyOakland
School DistrictLake Orion
Construction & Systems
ConstructionAluminum Siding
BasementMichigan Basement
HeatingForced Air
WaterWell
SewerSeptic Tank
Sale & Financing
Listed10/24/2022
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$7,555
State Equalized Value$385,290
Taxable Value$154,180
Parcel #0903401008
Source: Public Records
Legal Description
T4N, R10E, SEC 3 LAKE ORION GROVES SUB LOTS 161 & 162, ALSO PART OF LOT 164, ALSO PART OF NE 1/4 ALL DESC AS BEG AT PT DIST S 88-48-20 E 789.45 FT FROM CEN OF SEC, TH N 74-53-40 E 243.53 FT, TH N 58-19-54 E 55.07 FT, TH N 36-27-25 E 41.97 FT, TH ALG CURVE TO LEFT, RAD 430 FT, CHORD BEARS S 18-25-54 W 47.54 FT, DIST OF 47.56 FT, TH ALG CURVE TO LEFT, RAD 110 FT, CHORD BEARS S 08-24-19 E 88.33 FT, D
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by John Pickell
RE/MAX Classic
Frequently Asked Questions about 512 FERNHURST Court, Lake Orion, MI 48362
Which school district serves 512 FERNHURST Court, Lake Orion, MI 48362?
Per MLS# 20221055222, 512 FERNHURST Court, 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 512 FERNHURST Court, Lake Orion, MI 48362?
Per MLS# 20221055222, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 512 FERNHURST Court, Lake Orion, MI 48362?
Per public tax records, annual property taxes for this property are $7,555. 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, 512 FERNHURST Court, 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 512 FERNHURST Court, 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 512 FERNHURST Court, Lake Orion, MI 48362?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Sewer: Septic Tank. Water: Well. 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
Tax Estimate
$
Annual tax$11,199
Monthly$933
Millage rate29.0657 mills
Municipality: CHARTER TOWNSHIP OF ORION
School district: PONTIAC CITY SCHOOL DISTRICT
County: Oakland
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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Monthly payment$8,716
Principal & interest$7,783
Property taxes$933
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
512 FERNHURST Court, Lake Orion, MI 48362
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Municipality
Orion Township
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County
Oakland County
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