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$695,000

Beds
3
Baths
2.5
sq ft
1,954

423 Heights Rd, Lake Orion, MI 48362

423 Heights Rd

OrionCharterTownship_Oakland, MI 48362

  • Coming soon
Rare opportunity to purchase an updated home and property with one of the highest points on Lake Orion. The main attraction to this home is the 100 feet of lake front property with private parking at lake front to be enjoyed throughout every season in Michigan. The owner spared no expense adding a newer retaining wall (2018), seawall (2022), dedicated lake front electric service and newer fire pit. This is perfect for any boat lovers looking to live their dream on an all sports lake. The home itself features three bedrooms, two in a half bath and a newer kitchen (2018). The kitchen includes granite countertops, newer stainless steel appliances, newer cabinets and subway tile backsplash. The main living area of the home features Brazilian cherry wood floors and breathtaking views of Lake Orion to be cherished everyday living in the home. The main level includes a walkout deck that is perfect for barbecuing during the fall and summer months. The updated entry level features a new mudroom, finished full bathroom and laundry room with newer washer and dryer. The home also includes a newer boiler and generator hook up to the house. Included in the sale is a 70x50 lot located above the home that overlooks Lake Orion with fantastic views and unlimited possibilities for guest living. There's endless options what a new owner could do with this open lot. Don't miss out on this great chance to own lake front property before summer hits!

Details

Property type

Single Family Residence

Est. home value

$435,561

Lot size

0.25 acres

Price per sq ft

$356

Year built

1930

Annual property taxes

$5,695

HOA

No

Price History

04/02/2024
Realcomp

Realcomp #20230098542

Removed
$779,900
01/27/2024
Realcomp

Realcomp #20230098542

Price change
$779,900
-3.7%
11/19/2023
Realcomp

Realcomp #20230098542

Listed
$809,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

LakeOrion

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$392,577
Asking price
$695,000
Closing costs (~8% of asking)
-$55,600
Est. remaining loan balance
-$246,823
Cash to seller
$392,577

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Independent Bank

Loan start date

February 2021

Original loan amount

$273,000

Est. remaining balance

$246,823

Interest rate

2.67%

Loan type

New Conventional, 30 year

Seller

Matthew Taylor Ramin and Matthew Ramin

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Coming Soon

Tomo last checked: 04/03/2025 at 10:25 PM

Listing updated: 04/02/2025 at 6:06 AM

Listed by: Bryant Charters, Good Company Phone #: (248) 733-5811

MLS: Realcomp #20250019944

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