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274 Lake St

Lake Orion, MI 48362

2 bd 3 ba 1,013 sqft Built 1970 Lot 5,227 sqft single_family
Most recent sale
$249,500
Jul 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 17, 2024 Listed for rent $2,495 Avail
Jul 29, 2022 Listing removed $229,900 MiRealSource
Jul 29, 2022 Sold $249,500 Public Record
Jun 17, 2022 Listed $229,900 MLS #20221005725
Jul 2, 2019 Sold $179,900 Public Record
Jun 21, 2019 Sold $179,900 Realcomp
Sep 10, 1999 Sold $130,000 Public Record
May 14, 1996 Sold $107,000 Public Record
Apr 15, 1994 Sold $79,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $89,580 $3,137
2020 $84,100 $3,747
2019 $72,060 $3,118
2018 $70,460 $3,079
2017 $70,040 $2,973
2016 $64,570 $2,953
2015 $59,440 $2,853
2014 $53,070 $2,815
2013 $46,260 $2,687
2012 $45,810 $2,813
2011 $49,730 $2,066
2010 $59,800 $2,471
2009 $66,790 $2,739
2008 $75,280 $2,615

Property facts

Year built
1970
Property type
single_family
Stories
1
Beds
2
Baths
3
Living area
1,013 sqft
Lot size
5,227 sqft
ZIP code
48362
City
Lake Orion
Street
Lake St
Coordinates
42.78408, -83.24572

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,520
Gross rental yield
7.31%
Implied cap rate
4.75%
Trend-extrapolated value

Frequently asked questions

When did 274 Lake St last sell?
274 Lake St most recently sold on Jul 29, 2022 for $249,500.
What is the current tax assessment for 274 Lake St?
The most recent total assessment for 274 Lake St (year 2021) is $89,580 with $3,137 in property tax.
How does 274 Lake St's assessment compare to its last sale price?
The current assessment is 64.1% below the last sale price of $249,500.
When was 274 Lake St built?
274 Lake St was built in 1970.
How does 274 Lake St compare to others on Lake St?
We track 5 other properties on Lake St. Browse the list under "Other properties on Lake St" to compare beds, baths, and sale history.
What are the property facts for 274 Lake St?
274 Lake St is a 2 bed, 3 bath, 1,013 sqft, 5,227 sqft lot single_family.
Is 274 Lake St a flip candidate?
No — 274 Lake St does not appear in our flips dataset.
Is 274 Lake St a tax-appeal candidate?
No — 274 Lake St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.5%
Implied 1-yr
-6.0%
2026 Q3
$317K
2026 Q4
$311.7K
ZIP 48362 — Median Price History + Forecast

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