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228 Lookout Ln

Lake Orion, MI 48362

4 bd 2 ba 1,300 sqft Built 1930 Lot 3,485 sqft single_family
Most recent sale
$580,000
Feb 6, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 6, 2023 Sold $580,000 Realcomp
Dec 7, 2022 Listed $565,000 Realcomp
Dec 7, 2022 Listing removed Realcomp
Oct 28, 2022 Price changed $580,000 Realcomp
Oct 6, 2022 Listing removed Realcomp
Oct 6, 2022 Listed $600,000 MLS #20221049354
Oct 2, 2022 Price changed $600,000 MLS #20221044764
Sep 22, 2022 Listed $625,000 MLS #20221044764
Mar 31, 2020 Listing removed Realcomp
Mar 14, 2020 Price changed $390,000 MLS #2200014785
Feb 24, 2020 Listed $400,000 MLS #2200014785
May 6, 2016 Sold $245,000 Public Record
Feb 9, 2016 Listing removed $249,500 Realcomp
Nov 25, 2015 Price changed $249,500 MLS #215094240
Oct 27, 2015 Price changed $265,000 MLS #215094240
Sep 1, 2015 Listing removed $275,000 Realcomp
Aug 31, 2015 Listed $275,000 MLS #215094240
Aug 5, 2015 Price changed $275,000 MLS #215017403
Apr 17, 2015 Price changed $299,900 MLS #215017403
Mar 1, 2015 Listed $315,000 MLS #215017403
Sep 24, 2013 Listing removed $289,740 Realcomp
Aug 2, 2013 Listed $289,740 MLS #31159739
Aug 2, 2013 Listing removed $289,740 Realcomp
Jul 29, 2013 Listed $289,740 MLS #31152813
Jun 17, 2013 Listed $289,740 MLS #213058891
Jun 17, 2013 Listing removed $300,000 Realcomp
Apr 30, 2013 Listed $300,000 MLS #31145723
Apr 29, 2013 Listed $300,000 MLS #213039976
Apr 2, 2012 Listing removed $300,000 MiRealSource
Mar 1, 2012 Listed $300,000 MLS #212021678
Dec 4, 2011 Listing removed $289,000 ECAR
Sep 26, 2011 Price changed $289,000 MLS #30008114
Aug 30, 2011 Listed $318,900 MLS #30008114
May 29, 2011 Listing removed $319,900 ECAR
May 10, 2011 Listed $319,900 MLS #30004394
Oct 6, 1997 Sold $148,000 Public Record
May 24, 1994 Sold $86,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $176,340 $5,795
2020 $171,050 $7,035
2019 $159,490 $6,778
2018 $148,860 $6,721
2017 $151,050 $6,681
2016 $116,680 $3,783
2015 $112,040 $5,282
2014 $100,690 $3,576
2013 $98,840 $3,262
2012 $90,630 $3,451
2011 $89,290 $3,216
2010 $109,500 $3,146
2009 $116,660 $3,131
2008 $135,410 $2,541
2007 $139,980 $2,480

Property facts

Year built
1930
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,300 sqft
Lot size
3,485 sqft
ZIP code
48362
City
Lake Orion
Street
Lookout Ln
Coordinates
42.77725, -83.24515

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
$1,950
Gross rental yield
4.03%
Implied cap rate
2.62%
Trend-extrapolated value

Frequently asked questions

When did 228 Lookout Ln last sell?
228 Lookout Ln most recently sold on Feb 6, 2023 for $580,000.
What is the current tax assessment for 228 Lookout Ln?
The most recent total assessment for 228 Lookout Ln (year 2021) is $176,340 with $5,795 in property tax.
How does 228 Lookout Ln's assessment compare to its last sale price?
The current assessment is 69.6% below the last sale price of $580,000.
When was 228 Lookout Ln built?
228 Lookout Ln was built in 1930.
How does 228 Lookout Ln compare to others on Lookout Ln?
We track 2 other properties on Lookout Ln. Browse the list under "Other properties on Lookout Ln" to compare beds, baths, and sale history.
What are the property facts for 228 Lookout Ln?
228 Lookout Ln is a 4 bed, 2 bath, 1,300 sqft, 3,485 sqft lot single_family.
Is 228 Lookout Ln a flip candidate?
No — 228 Lookout Ln does not appear in our flips dataset.
Is 228 Lookout Ln a tax-appeal candidate?
No — 228 Lookout Ln 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

Explore nearby

Other properties on Lookout Ln