340 Lake St
Lake Orion, MI 48362
3 bd 1 ba 988 sqft Built 1930 Lot 3,920 sqft single_family
Most recent sale
$245,000
Sep 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 15, 2022 | Sold | $245,000 | Public Record |
| Aug 8, 2022 | Price changed | $249,900 | MLS #20221015983 |
| Jul 25, 2022 | Price changed | $265,000 | MLS #20221015983 |
| Jul 8, 2022 | Listed | $279,000 | MLS #20221015983 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $64,430 | $1,928 |
| 2020 | — | — | $58,700 | $2,171 |
| 2019 | — | — | $53,700 | $2,103 |
| 2018 | — | — | $54,000 | $2,420 |
| 2017 | — | — | $53,700 | $2,253 |
| 2016 | — | — | $49,860 | $2,235 |
| 2015 | — | — | $46,250 | $2,248 |
| 2014 | — | — | $41,770 | $2,223 |
| 2013 | — | — | $36,970 | $2,137 |
| 2012 | — | — | $36,910 | $2,125 |
| 2011 | — | — | $38,790 | $1,995 |
| 2010 | — | — | $48,640 | $1,962 |
| 2009 | — | — | $54,160 | $1,958 |
| 2008 | — | — | $62,880 | $1,709 |
Property facts
Year built
1930
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
988 sqft
Lot size
3,920 sqft
ZIP code
48362
City
Lake Orion
Street
Lake St
Coordinates
42.78409, -83.24685
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,482
Gross rental yield
7.26%
Implied cap rate
4.72%
Trend-extrapolated value
—
Frequently asked questions
When did 340 Lake St last sell?
340 Lake St most recently sold on Sep 15, 2022 for $245,000.
What is the current tax assessment for 340 Lake St?
The most recent total assessment for 340 Lake St (year 2021) is $64,430 with $1,928 in property tax.
How does 340 Lake St's assessment compare to its last sale price?
The current assessment is 73.7% below the last sale price of $245,000.
When was 340 Lake St built?
340 Lake St was built in 1930.
How does 340 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 340 Lake St?
340 Lake St is a 3 bed, 1 bath, 988 sqft, 3,920 sqft lot single_family.
Is 340 Lake St a flip candidate?
No — 340 Lake St does not appear in our flips dataset.
Is 340 Lake St a tax-appeal candidate?
No — 340 Lake St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.5%
Implied 1-yr
-6.0%
2026 Q3
$317K
2026 Q4
$311.7K
ZIP 48362 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lake St