Sold
75 CRESCENT Avenue, Lake Orion, MI 48362
Sold on 10/27/2023 for$925,000
MLS # 20230067843 (Realcomp)
5 beds4 baths4,148 sqftBuilt 19730.3 acres
1 / 50
Listing Description
Incredible views abound from this turn key, "everything's included" open concept lakefront ranch home. This meticulously maintained home was built in 1973 and was fully updated in 2023. 5 bedrooms, 3 1/2 bathrooms, plus a library. 4148 sq. ft. including 2074 sq. ft. of finished lower level walkout. Located on Lake Orion, a 500 acre all sports lake, the home occupies 3 lots with 100 ft. of frontage and a steel seawall. The attached 2+ car garage and 2 driveways provide parking for 12 vehicles. All furnishings, kitchenware, electronics, etc. are included. Also included is a full boating package: 2015, 25 ft. Berkshire tri-toon Entertainment Series pontoon with a 115 HP engine, 2019 dual axle trailer, remote controlled electric drive lake hoist with 30 ft. canopy. Lake entry stairs and 2 separate aluminum docks facilitate parking for up to 7 boats and 2 jet skis. Historic Bellevue Island is like its own little community including 2 parks with playground equipment and open space.
Source: SparkMLS
About this home
Located in Lake Orion Village in Lake Orion, this property offers 5-bedroom, 4-bath, 4,148 sq ft, with original construction dating to 1973.
Final sale price: $925,000 (about $223/sq ft).
Annual property taxes run approximately $11,285 ($940/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
Bedrooms5
Bathrooms4
Living Area4,148 sqft
Lot Size0.3 acres
Year Built1973
Stories1
Location
CityLake Orion
MunicipalityLake Orion Vlg
Zip Code48362
CountyOakland
School DistrictLake Orion
Construction & Systems
ConstructionStone
Garage2.5 spaces
HeatingForced Air
WaterPublic
InteriorBasement Finished, Other
Sale & Financing
Listed8/14/2023
Sold Date10/26/2023
Original Price$1,600,000
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$11,285
State Equalized Value$419,810
Taxable Value$402,660
Parcel #0902355015
Source: Public Records
Legal Description
T4N, R10E, SEC 2 ORION IMP COMPANY'S SUB NO 1 N 35 FT OF LOT 10, ALSO ALL OF LOTS 11 & 12 BLK 11 5-10-89 FROM 014
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Jeff Kermath
Kermath Realty LLC
Frequently Asked Questions about 75 CRESCENT Avenue, Lake Orion, MI 48362
What school district is 75 CRESCENT Avenue, Lake Orion, MI 48362 in?
Per MLS# 20230067843, 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 type of financing is accepted for this listing?
Per MLS# 20230067843, 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# 20230067843, the most recent reported annual property tax for 75 CRESCENT Avenue, Lake Orion, MI 48362 is $11,285. 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 75 CRESCENT Avenue, Lake Orion, MI 48362 eligible for USDA financing?
Per USDA Rural Development boundary data, 75 CRESCENT 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, 75 CRESCENT 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$8,431
Principal & interest$8,431
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
75 CRESCENT Avenue, Lake Orion, MI 48362
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Municipality
Lake Orion Village
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County
Oakland County
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