Sold
586 Bagley Street, Lake Orion, MI 48362
Sold on 06/02/2026 for$242,500
MLS # 20261024737 (Realcomp)
3 beds1 bath1,036 sqftBuilt 19500.18 acres
1 / 18
Listing Description
Welcome home! This beautifully updated three-bedroom, one-bath ranch home is nestled within walking distance of downtown Lake Orion. Indulge in the charm of downtown Lake Orion, where an array of delightful restaurants, cafes and boutique shops await. Enjoy the close proximity to Paint Creek Trail, Children's Park and Atwater Park as well as beach access to the All Sports Lake Orion and Greens Park within walking distance, perfect for outdoor enthusiats, summer fun and relaxation. This property offers the perfect blend of comfort and convenience—easy access to lively community amenities and peaceful living. Don’t miss the opportunity to make this beautifully renovated ranch home your own. With its unbeatable location and modern updates this home won't last long! Chest Freezer in laundry room is included in sale. A Licensed Michigan Agent must be physcially present at all showings to accompany buyers. No virtual showings allowed. Buyer agent to verify all information (BATVAI)*Seller need occupancy until June 5th*
Source: SparkMLS
About this home
Located in Orion Township in Lake Orion, this property offers 3-bedroom, 1-bath, 1,036 sq ft, with original construction dating to 1950.
Final sale price: $242,500 (about $234/sq ft).
Estimated annual property tax: $3,786, or about $315 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
Bathrooms1
Living Area1,036 sqft
Lot Size0.18 acres
Year Built1950
Stories1
Location
CityLake Orion
MunicipalityOrion Charter Twp
Zip Code48362
CountyOakland
School DistrictLake Orion
Construction & Systems
ConstructionAluminum Siding
BasementCrawl Space
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed4/14/2026
Sold Date6/1/2026
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$3,786
State Equalized Value$84,420
Taxable Value$84,420
Parcel #0912103015
Source: Public Records
Legal Description
T4N, R10E, SEC 12 BAGLEY'S SUB LOT 17
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Lori A Fox
National Realty Centers, Inc
Frequently Asked Questions about 586 Bagley Street, Lake Orion, MI 48362
What school district is 586 Bagley Street, Lake Orion, MI 48362 in?
Per MLS# 20261024737, this property is served by Lake Orion. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 586 Bagley Street, Lake Orion, MI 48362?
Per MLS# 20261024737, the seller has indicated this property accepts the following financing types: Cash, Conventional, FHA, VA Loan. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261024737, the most recent reported annual property tax for 586 Bagley Street, Lake Orion, MI 48362 is $3,786. 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 586 Bagley Street, Lake Orion, MI 48362 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 586 Bagley Street, 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. Sewer: Public. 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.
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Monthly payment$1,556
Principal & interest$1,556
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
586 Bagley Street, Lake Orion, MI 48362
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Municipality
Orion Township
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County
Oakland County
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