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Oakland County Michigan Real Estate Homes for Sale Clarkston Real Estate


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Long Lake- Lake Orion Michigan Lakefront Real Estate Sales


Long Lake, Lake Orion Michigan Lakefront Real Estate Sales

long lake lake orion miLong Lake is a 94 acre all sports lake in Lake Orion MI. The lake itself pretty much looks like its name- it's long and kind of skinny with the "long" direction running pretty much east to west. The east third or so of the lake lies in the Bunny Run sub area. Bunny Run is a mix of older and newer homes and if you live in Bunny Run you have privileges on Long Lake. Bunny Run Country Club has a club house on the east end of the lake and a large beach that is private to subdivision residents.

On the west end of the lake is a new subdivision called the Shores of Long Lake. Since this is a much newer subdivision there are building restrictions making the lakefront homes much larger in general. The off the lake homes in the Shores of Long Lake and the Village by the Shores have privileges on Long Lake within their own sub.

No matter which part of Long Lake you live on or have access to, you will be conveniently located near BaldShores of Long Lake Lake Orion MI Mountain state land area, expressways, shopping, and downtown Lake Orion.

In 2010 there were 8 lakefront sales on all sports Long Lake- 3 short sales and 5 regular sales with prices ranging from $132,500-$432,000. The 5 highest priced sales were all in the Shores of Long Lake with lakefront prices within that sub ranging from $375,000-$432,000. In 2009 there were only 3 lakefront sales on Long Lake- all in the Shores of Long Lake with prices ranging from $347,000-$400,000 and one of those sales was a bank owned home.

The depressing news is that many of the newer homes had previously sold for $500,000 and $600,000 price ranges. The good news is there were more sales in 2010 than in 2009 and there were only 3 short sales and 1 foreclosure in that 2 year period. The great news is if you compare the newer homes between the 2 years is the bottom end started higher in 2010 and the top ended higher.

As of July 21, 2011 there were 2 sales pending - a bank owned home on Franklin Lake Blvd that has an asking price of $309,000 and  bank owned home on N Long Lake asking $66,000. There are currently 2 homes for sale on Long Lake asking $149,900 and $449,900.

Please don't hesitate to contact me for additional information about homes for sale on Long Lake. With prices so low, now is a good time to buy a cottage or upgrade to that lake house. Interest rates are still great. FHA will mortgage up to just under $300,000 and FHA 203K loan will allow for you t borrow for repairs at the same time.

 


 


Long Lake Lakefront Home Sales 2011


Address sq. ft. basement yr built 2011 SP Sale Type previous SP previous SP
               
694 N Long Lake 639 crawl 1940 $69,100 bank owned 2003- $174,500 2001- $167,000
581 N Long Lake 1290 unfin standard? 1932 $70,202 bank owned    
357 Franklin Wright Blvd 3163 fin walk out 2000 $300,000 bank owned 2002- $486,930  
959 S Long Lake Rd 2260 crawl 2003 $325,000      
81 Franklin Wright Blvd 3386 fin walk out 1999 $399,750   2001- $520,000 1999- $481,345
138 Overlake Dr 2175 fin walk out 1983 $416,000      

Sales data from Realcomp II MLS and prices reflect the price after subtracting any seller concessions that were reported

 



Long Lake, Lake Orion Lakefront Real Estate Sales in 2010


Address sq. ft. basement yr built 2010 SP Sale Type previous SP previous SP
374 Gan Eden 1160  slab 1953 $100,000 short sale  2004- $265,000   
903 S. Long Lake 1793  fin w/o 1945 $132,500 short sale  2004- $207,000   
484 Indian Lake Rd 842 slab 1950 $265,000      
164 Overlake 2000 fin w/o 1981 $269,000 short sale 1999- $350,000  
141 Franklin Wright 3386 unfin 1999 $375,000   2003- $562,000  
429 Franklin Wright 3404  fin w/o 2002 $384,120   2009- $347,000  2002- $499,500 
105 Franklin Wright 3386 fin daylight 1999 $392,000   2000- $470,370  
369 Franklin Wright  3404  fin w/o 2001 $401,000 short sale  2001- $595,000   
249 Franklin Wright 3735  fin w/o 2000 $432,000   2000- $631,945   

Sales data from Realcomp II MLS and prices reflect the price after subtracting any seller concessions that were reported

 


Sales in 2009

Address sq. ft. 2009 SP Sale Type previous SP previous SP
429 Franklin Wright Blvd 3400  $347,000   2002- $499,500   
453 Franklin Wright Blvd 3404 $384,000 bank owned 2001- $642,945   
321 Franklin Wright Blvd 3403 $400,000   2000- $557,205   

Sales data from Realcomp II MLS and prices reflect the price after subtracting any seller concessions that were reported

 


Sales in 2003

Address sq. ft. 2003 sale price
694 N Long Lake Blvd 823 $174,500
986 Forest Lake Blvd 1480 $199,900
1176 Forest Lake Blvd 1921 $224,000
1101 Clute Ct 2224 $390,000
815 S Long Lake Blvd 2446 $415,500
141 Franklin Wright Blvd 3386 $562,500

Sales data from Realcomp II MLS and prices reflect the price after subtracting any seller concessions that were reported

 


Real Estate Blog- For Buyers



Southeast Michigan Home Buyer Information
What Exactly Are Lakefront Taxes?
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Can A Seller REALLY Enforce That The Buyer Not Resell For A Specific Period Of Time?
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The Job of a Buyer’s Agent in Southeast Michigan
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Real Estate Blog- For Sellers



Southeast Michigan Real Estate- For Sellers
Clarkston MI Home Sales Up- AGAIN!! Can we stop calling this a declining market?
Clarkston MI Home Sales Up- AGAIN!! Can we stop calling this a declining market? I’ve been hearing on the news lately how foreclosure filings are up in the Detroit area. I wish the media would separate Oakland County from the Detroit area. What exactly is the “Detroit Area” anyway? When listening to the news it [...]
If Your Short Sale Agent Has A 90%+ Success Rate, Are They Really Looking Out For Your Best Interests?
If Your Short Sale Agent Has A 90%+ Success Rate, Are They Really Looking Out For Your Best Interests? It seems like every broker has one- a “company” or “group” who will handle short sales for their agents’ clients. I’m contacted a couple times a week with the common pitch: “All you have to do [...]
North Oakland County Homes- The Faster They Sell The Higher They Sell For
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What Sets Me Apart From Other Southeast Michigan Listing Agents?
What Sets Me Apart From Other Southeast Michigan Listing Agents? I’ve been showing houses quite a bit lately and have noticed some disturbing trends. Many of these trends are confined to foreclosure listings; or at least I thought the incomplete listings with no yard sign out front and no electricity on in the house was [...]
Rolling Meadows, Lake Orion MI Market Conditions- Good News If You’re Selling
Rolling Meadows, Lake Orion MI Market Conditions- Good News If You’re Selling Great news for homeowners in Rolling Meadows in Lake Orion Michigan. The median sales price is up for the 2nd year in a row! We’re still a long ways from the peak times, but better than 2009 or 2010. Median Sales Price: 2011- [...]

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Jackie Hawley



Jackie@JackieHawley.com
 

Jackie Hawley
 
Jackie Hawley
Email Jackie
 
Phone: (800)401-1444
Cell: (248)736-6407
Address: 6510 Town Center Dr Suite D
City: Clarkston
State: Michigan 48346
Country: United States

Oakland County Michigan Real Estate Homes for Sale Clarkston Real Estate


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