NOT LISTED FOR SALE

Estimated Value: $1,339,000 - $1,926,000

6 Beds
8 Baths
6,832 Sq Ft
$244/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $1,375,000 $201 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $10,503/month

14 Days on Market

Highlights

  • 790 Feet of Waterfront
  • Dock Facilities
  • In Ground Pool
  • Paint Creek Elementary School Rated A-
  • Beach Access
  • Second Garage

About This Home

As of August 2021

One of a kind setting is this idyllic, private sanctuary homestead situated on the waterfront peninsula of picturesque Heather Lake. This is the original, first home built in Heather Lake Estates over 100 years ago--at the end of the orig boulevard Heather Lake Dr. Enter the 5+ acre estate at the iron gates, take the private drive lined w/18 craftsman light posts, and be enveloped by the peace & tranquility of gardens and sweeping lake views that welcome you to this elegant historic craftsman home w/pool, guest home & boathouse bathed in sunshine and charm. Renovated in 1940 and remodeled in 2002, it is fastidiously and lovingly cared for. Pool reno 2015. Island has private secure beach for residents w/dock & picnic amenities. Home's close proximity to the water--770 feet of lakefront--is grandfathered unlike newer homes on the lake w/further setbacks. Subdivision roads new last year. Showings by appt after email of preapproval/funds. BATVAI.

Last Listed By

Lauren Buttazzoni

National Realty Centers, Inc License #6501429810 Listed on: 05/20/2021

National Realty Centers, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1901 | Remodeled in 2002

Lot Details

  • 5.2 Acre Lot
  • Lot Dimensions are 790.00x95.60
  • 790 Feet of Waterfront
  • Lake Front
  • Sprinkler System
  • Historic Home

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Craftsman Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • 6,832 Sq Ft Home
  • 1.5-Story Property
  • Wet Bar
  • Bar Fridge
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • Water Views
  • Partially Finished Basement

Kitchen

  • Built-In Electric Oven
  • Gas Cooktop
  • Recirculated Exhaust Fan
  • Built-In Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Detached Garage
  • Second Garage
  • Garage Door Opener

Outdoor Features

  • In Ground Pool
  • Beach Access
  • Dock Facilities
  • Lake Privileges
  • Deck
  • Covered patio or porch
  • Exterior Lighting

Location

  • Ground Level

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Sewer in Street
  • Cable TV Available

Community Details

  • Http://Heatherlakeestates.Athomenet.Com/ Association, Phone Number (248) 935-5330
  • Heather Lake Meadows No 1 Orion Twp Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0907351008

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,165

Year Built

Built in 1901 | Remodeled in 2002

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Historic, Craftsman
  • Architecture Level: 1 1/2 Story
  • Assessment: 58.51
  • Year Built: 1901
  • State Equalized Value: 487350.0000
  • Year Renovated: 2002
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Wet Bar, Cable Available
  • Fireplace: Yes
  • Fireplace Fuel: Gas, Natural
  • Fireplace Locations: Great Room, Primary Bedroom
  • Room Count: 16
  • Total Bedrooms: 6
  • Total Bathrooms: 6.20
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Partially Finished, Unfinished
  • Kitchen Appliances: Built-In Electric Oven, Built-In Refrigerator, Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Cooktop, Washer, Wine Refrigerator, Bar Fridge
  • Sq Ft Combined: 9432
  • Sq Ft Lower Floor: 2600
  • Total Sq Ft: 6832
  • Sq Ft Total Bsmt: 3617

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Heather Lake
  • Pool: Yes
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Stone, Wood
  • Exterior Features: Lighting, Pool - Inground
  • Foundation Materials: Block
  • Frontage Feet: 790
  • Porch Type: Porch - Covered, Deck, Patio, Porch
  • Road Frontage Type: Paved
  • Water Frontage Feet: 790.00
  • Waterfront Description: Beach Access, Lake Front, Lake Privileges, Water Front

Garage/Parking

  • Garage Size: 4 Car
  • Garage Features: Electricity, Door Opener, Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Steam, Zoned
  • Sewer: Septic Tank (Existing), Sewer at Street
  • Water Source: Well (Existing)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Phone: SueMarcus,SMarcus@inrhodes.com;248.935.5330
  • Association Fee: 500
  • Association Contact: http://heatherlakeestates.athomenet.com/
  • Association Fee: Yes

Schools

  • School District: Lake Orion

Lot Info

  • Homestead: Yes
  • List Price per Acre: 325000.0000
  • Lot Features: Sprinkler(s), Water View
  • Lot Size Area: 5.20
  • Lot Dimensions: 790.00X95.60
  • Parcel Number: 0907351008

Tax Info

  • Tax Amount Summer: 11754.0000
  • Tax Amount Winter: 5411.0000
  • Total Tax: 17165.0000
  • Taxable Value: 486020.0000

Multi Family

  • Waterfront Features: Dock Facilities

MLS Schools

  • School District: Lake Orion

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Jul 27, 2021
Sold by
Gunabalan Ram and Gunabalan Joanne
Bought by
Sharma Monish and Sharma Carrie
Seller's Agent
Lauren Buttazzoni
National Realty Centers, Inc
Buyer's Agent
Howard Genser
NHL Real Estate
List Price
$1,690,000
Sold Price
$1,375,000
Premium/Discount to List
-$315,000
-18.64%
Total Days on Market
14
Current Estimated Value
$1,665,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,255
Avg. Annual Appreciation
5.36%
Original Mortgage
$1,200,000
Outstanding Balance
$1,103,319
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$561,936

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
Sharma Monish $1,375,000 Ata National Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharma Monish $1,200,000
Previous Owner Gunabalan Ram $973,000
Previous Owner Gunabalan Ram $977,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2021 08/27/21 Sold $1,375,000 -18.6% $201 / Sq Ft
06/04/2021 06/04/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $1,690,000 -- $247 / 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 $13,987 $650,690 $0 $0
2023 $13,342 $586,940 $0 $0
2022 $18,912 $529,450 $0 $0
2021 $17,309 $502,070 $0 $0
2020 $11,754 $487,350 $0 $0
2019 $16,047 $480,650 $0 $0
2018 $16,007 $503,040 $0 $0
2017 $15,253 $503,040 $0 $0
2016 $15,199 $498,900 $0 $0
2015 -- $473,130 $0 $0
2014 -- $443,710 $0 $0
2011 -- $464,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Realcomp

MLS Number: 2210037330

Realcomp

APN: 09-07-351-008