NOT LISTED FOR SALE

320 Park Island Dr Lake Orion, MI 48362

Estimated Value: $1,149,000 - $1,985,000

3 Beds
3.5 Baths
4,087 Sq Ft
$388/Sq Ft Est. Value

Last Sold June 16, 2021

Last sale price $1,410,000 $345 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $10,941/month

2 Days on Market

Highlights

  • 264 Feet of Waterfront
  • Spa
  • Deck
  • Orion Oaks Elementary School Rated A-
  • Fireplace in Primary Bedroom
  • Contemporary Architecture

About This Home

As of June 2021

***** MULTIPLE OFFERS*****PLEASE SUBMIT HIGHEST AND BEST BY SUNDAY MAY 9, AT 3 PM. BEST LOCATION ON LAKE ORION ON SOUGHT AFTER HISTORIC PARK ISLAND DRIVE! THIS HOME WITH IT'S UNIQUE STYLE IS KNOWN ALL ACROSS THE LAKE! NOT ONLY ARE THE VIEWS FROM THE PROPERTY THE BEST, BUT YOU SHOULD SEE THE VIEW FROM THE INSIDE! THREE BEDROOMS (WITH A 4TH POSSIBLE) EACH WITH THEIR OWN EN SUITE AND WALK IN CLOSET, TWO FAMILY ROOMS (ONE UP AND ONE ON MAIN LVL). CURRENT OWNERS HAVE INVESTED UPWARDS OF 400K IN UPDATES/UPGRADES INCLUDING REFINISHED HARDWOODS, UPDATED STAIRWAY, REMODELED KITCHEN, MASTER BATH WITH SAUNALARGE W/IN MASTER CLOSET, HOME OFFICE, ELEGANT ENTRY FOYER, WET BAR, WHOLE HOUSE GENERATOR, INDOOR AND OUTDOOR SOUND SYSTEM, HARDIE PLANK AND AZEK EXTERIORNEW GARAGE DOORS, HOME SECURITY SYSTEMOUTDOOR LIGHTING, AND THE LIST GOES ON AND ON.THE GORGEOUS VAULTED PLANKED CEILING AND FLOOR TO CEILING WINDOWS MAKE THE INTERIOR TRULY UNIQUE AND BREATHTAKING! BONUS:FLORIDA ROOM & 3 CAR HEATED GARAGE!

Last Listed By

Cheryl Wilson

RE/MAX Eclipse License #6501409871 Listed on: 05/07/2021

RE/MAX Eclipse

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1991 | Remodeled in 2015

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 264.00x21.80
  • 264 Feet of Waterfront
  • Lake Front
  • Irregular Lot
  • Sprinkler System

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Asphalt Roof
  • Shingle Siding
  • Stone Siding
  • Chimney Cap

Interior Spaces

  • 4,087 Sq Ft Home
  • 1.5-Story Property
  • Wet Bar
  • Sound System
  • Bar Fridge
  • Ceiling Fan
  • Gas Fireplace
  • Awning
  • Great Room with Fireplace
  • Water Views

Kitchen

  • Built-In Electric Oven
  • Gas Cooktop
  • Down Draft Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • ENERGY STAR Qualified Skylights

Laundry

  • Dryer
  • Washer

Basement

  • Sump Pump
  • Crawl Space

Home Security

  • Security System Owned
  • Carbon Monoxide Detectors

Parking

  • 3 Car Direct Access Garage
  • Heated Garage
  • Garage Door Opener

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Accessible Common Area
  • Accessible Kitchen
  • Central Living Area
  • Accessible Hallway
  • Accessible Closets
  • Accessible Washer and Dryer
  • Customized Wheelchair Accessible
  • Accessible Doors
  • Accessible Entrance
  • Safe Emergency Egress From Home
  • Accessible Electrical and Environmental Controls
  • Standby Generator

Outdoor Features

  • Spa
  • Seawall
  • Balcony
  • Deck
  • Covered patio or porch
  • Exterior Lighting
  • Breezeway

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating system powered by renewable energy
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Whole House Permanent Generator
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0911127001

Community Details

Overview

  • No Home Owners Association
  • Park Island Estates No 3 Subdivision

Recreation

  • Water Sports

Additional Features

  • Community Barbecue Grill
  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,156

Year Built

Built in 1991 | Remodeled in 2015

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Contemporary
  • Architecture Level: 1 1/2 Story
  • Assessment: 144.81
  • Year Built: 1991
  • State Equalized Value: 574290.0000
  • Year Renovated: 2015
  • Accessibility Features: Accessible Bedroom, Accessible Central Living Area, Accessible Closets, Accessible Common Area, Accessible Doors, Accessible Electrical and Environmental Controls, Accessible Entrance, Accessible Full Bath, Accessible Hallway(s), Accessible Kitchen, Accessible Washer/Dryer, Central Living Area, Common Area, Customized Wheelchair Accessible, Safe Emergency Egress from Home, Standby Generator
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Humidifier, High Spd Internet Avail, Programmable Thermostat, Sound System, Spa/Hot-tub, Wet Bar, Carbon Monoxide Alarm(s), Security Alarm (owned), Cable Available
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room, Primary Bedroom
  • Room Count: 15
  • Total Bedrooms: 3
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Kitchen Appliances: Built-In Electric Oven, Dishwasher, Disposal, Down Draft, Dryer, Exhaust Fan, Free-Standing Refrigerator, Gas Cooktop, Microwave, Stainless Steel Appliance(s), Washer, Bar Fridge
  • Sq Ft Combined: 4087
  • Total Sq Ft: 4087

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: LAKE ORION
  • Waterfront: Yes
  • Foundation Details: Crawl
  • Construction Materials: Stone, Shingle Siding
  • Exclusions: Yes
  • Exterior Features: Spa/Hot-tub, Whole House Generator, Awning/Overhang(s), BBQ Grill, Chimney Cap(s), ENERGY STAR® Qualified Skylights, Lighting, Security Patrol
  • Foundation Materials: Poured
  • Frontage Feet: 20
  • Porch Type: Balcony, Porch - Covered, Deck, Patio, Porch, Breezeway
  • Road Frontage Type: Paved
  • Water Frontage Feet: 264.00
  • Waterfront Description: Direct Water Frontage, Lake Front, Water Front

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Direct Access, Electricity, Door Opener, Side Entrance, Heated, Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: ENERGY STAR® Qualified Furnace Equipment, Forced Air, Hot Water
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Lake Orion

Lot Info

  • Homestead: Yes
  • Lot Features: Irregular, Sprinkler(s), Water View
  • Lot Size Area: 0.41
  • Lot Dimensions: 264.00X21.80
  • Parcel Number: 0911127001

Tax Info

  • Tax Amount Summer: 10817.0000
  • Tax Amount Winter: 2339.0000
  • Total Tax: 13156.0000
  • Taxable Value: 292070.0000

Multi Family

  • Waterfront Features: All Sports Lake, Sea Wall, DIRFRT

MLS Schools

  • School District: Lake Orion

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2021
Closed on
Jun 16, 2021
Sold by
Schnurr Michael R
Bought by
Vitale Gaspare and Vitale Renata
Seller's Agent
Cheryl Wilson
RE/MAX Eclipse
Buyer's Agent
Brent Pasquantonio
Kaiser Realty Group LLC
List Price
$1,190,000
Sold Price
$1,410,000
Premium/Discount to List
$220,000
18.49%
Total Days on Market
2
Current Estimated Value
$1,583,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,888
Avg. Annual Appreciation
1.18%
Original Mortgage
$1,080,000
Outstanding Balance
$998,847
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$476,405

Purchase Details

Closed on
Aug 13, 2009
Sold by
Roberts George F and Roberts Claudia H
Bought by
Schnurr Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2008
Sold by
Reinhardt Frederick and Reinhardt Rosalind
Bought by
Roberts George F and Roberts Claudia H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.15%
Mortgage Type
Unknown

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vitale Gaspare $1,410,000 Ata National Title Group Llc
Schnurr Michael R $848,318 Century Title Company
Roberts George F $750,000 Philip R Seaver Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vitale Gaspare $1,080,000
Previous Owner Schnurr Michael R $173,990
Previous Owner Schnurr Michael R $350,000
Previous Owner Roberts George F $300,000
Previous Owner Roberts George F $300,000
Previous Owner Roberts George $300,000
Previous Owner Roberts George F $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2021 06/16/21 Sold $1,410,000 +18.5% $345 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $1,190,000 -- $291 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $25,215 $744,690 $0 $0
2023 $24,069 $679,000 $0 $0
2022 $28,140 $625,000 $0 $0
2021 $13,252 $594,500 $0 $0
2020 $10,817 $574,290 $0 $0
2019 $8,918 $540,840 $0 $0
2018 $12,569 $487,260 $0 $0
2017 $12,066 $487,260 $0 $0
2016 $11,995 $436,740 $0 $0
2015 -- $418,390 $0 $0
2014 -- $374,600 $0 $0
2011 -- $298,710 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Realcomp

MLS Number: 2210030555

Realcomp

APN: 09-11-127-001