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141 W Elizabeth St, Lake Orion, MI, 48362

$500,000

0.73 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Lot
MLS #24052650
Lot Size0.73 Acres
StatusActive

About 141 W Elizabeth St

Prime 3/4 acre lot for multifamily development in the Village of Lake Orion, steps away from Kroger and Walgreens, and M24. Proposed sixteen unit apartment building plans are available to buyer if desired.

Property Details

Property Features

Listing Office:

  • Office Name: eXp Realty, LLC
  • Office Phone: (269) 600-4397
  • Listing Agent: Jason Sousa

Lot Features

Lot Information:

  • Lot: Cleared
  • Lot Size: 0.73 Acres

Other

Directions Information:

  • Directions: M24 to W Elizabeth St. Property is on the south side of street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $500,000

Tax Information:

  • Annual Amount: $7,928
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Lake Orion, MI.

Med. Sold Price

$383.6K

Med. Price/SqFt

$206

Avg. Days On Market

21

# of Sold Homes

37

141 W Elizabeth St vs Lake Orion

39 DAYS ON ROCKET

+18 Days

$500,000

+$116.3K More

KEY TAKEAWAY

This property is $116.3K more than the Median Sold Price in Lake Orion, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24052650

Listing Office:

  • Office Name: eXp Realty, LLC
  • Office Phone: (269) 600-4397
  • Listing Agent: Jason Sousa

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 11:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 16, 2020Home Sold
$290,000

Tax History

YEARPROP. TAXASSESSMENT
2021$7,928$135,020
2020$4,521$126,750
2018$4,464$114,670
2017$4,311$113,940

History based on county public records data.

Payment Calculator

$2,563

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,566

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-236072
6
/10
  • Blanche Sims Elementary School

  • 465 E Jackson St

  • 0.51 miles

  • Public District Grades KG-5

school-card-donut-236073
8
/10
  • Stadium Drive Elementary School

  • 244 Stadium Dr

  • 2.38 miles

  • Public District Grades KG-5

school-card-donut-236074
6
/10
  • Oxford Elementary School

  • 109 Pontiac St

  • 2.41 miles

  • Public District Grades 3-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,016. Residents of Lake Orion, MI typically earn between $35k-100k each year. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 141 W Elizabeth St

What is the listing price of this property?

The listing price of 141 W Elizabeth St property is $500,000.

What type of property is this?

The property 141 W Elizabeth St is land located in Lake Orion, Michigan, 48362.

Is this property for sale now?

Active Listing: 141 W Elizabeth St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $7,928 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 16, 2020 for $290,000. (source: MLS/tax record).

How much acreage is this property?

The property 141 W Elizabeth St is 0.73 acres.
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Rocket HomesMichiganOakland CountyLake Orion48362141 W Elizabeth St

This home is located at 141 W Elizabeth St in Lake Orion, MI and zip code 48362. This home sits on a 0.73 acre lot. It has been listed on Rocket Homes since October 06, 2024 and is currently priced at $500,000.

Lake Orion, MI housing market in October 2024 saw over 11 listings sold above listed price, more than 4 sold at listed price and over 22 sold below. Between September 2024 and October 2024, Lake Orion, MI real estate market has seen increase in the number of listings by 7.3%. In October 2024, listings were on the market for 21 days. During the same period, the median list price in this real estate market was $383,625.

From Rocket Homes Real Estate and based on county public records data.

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