Sold
Last Sold Price
4 beds3,900 sqft$60/sqft
527 Heights Road, Lake Orion, MI 48362
Multi FamilyProperty Type
1942Year Built
$60/sq ftPrice per sq ft
4 carsParking Spaces

Description

Sweet investment property with views of lake orion! Great rental area. Coin laundry generates extra income. Allow 48 hours to show.Sweet investment property with views of lake orion! Great rental area. Coin laundry generates extra income. Allow 48 hours to show.
  • Listed by: Lawrence Krefman 248.330.8741 larrykrefman@hotmail.com Brokerage DRE #6503289780 • REAL ESTATE ONE-WB/FH
Listing closed: 11/12/2004 12:00 AM • Source: Realcomp, MLS#: 24101872

Recent comparable sales

Median sold price

$700,000

Avg days on market

22

Sale-to-list ratio

99.7%

Lake Orion, MI

9 comparable properties found

$700,000 | 173 North North Shore Drive, Lake Orion, MI 48362
1/73
1

$700,000

Sold 09/15/25

4
Bedrooms
2,684
Square Feet
0.2
Acres
$675,000 | 273 Franklin Wright Boulevard, Lake Orion, MI 48362
1/52
2

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Sold 10/09/24

4
Bedrooms
4,212
Square Feet
0.33
Acres
$565,000 | 1248 Ridgeview Circle, Lake Orion, MI 48362
1/75
3

$565,000

Sold 02/11/26

4
Bedrooms
3,396
Square Feet
0.35
Acres
$686,000 | 568 Berridge Circle, Lake Orion, MI 48360
1/43
4

$686,000

Sold 12/16/25

4
Bedrooms
4,534
Square Feet
0.35
Acres
$520,000 | 1062 Key W Court, Lake Orion, MI 48360
1/66
5

$520,000

Sold 02/19/26

4
Bedrooms
3,458
Square Feet
0.28
Acres
$837,900 | 1162 Heights Road, Lake Orion, MI 48362
1/60
6

$837,900

Sold 06/24/25

4
Bedrooms
3,921
Square Feet
0.45
Acres
$1,237,000 | 1157 Arbroak Court, Lake Orion, MI 48362
1/90
7

$1,237,000

Sold 06/10/25

4
Bedrooms
3,929
Square Feet
0.38
Acres
$950,000 | 1412 Marina Pointe Boulevard, Lake Orion, MI 48362
1/77
8

$950,000

Sold 02/20/26

4
Bedrooms
4,272
Square Feet
0.28
Acres
$850,000 | 1377 Lake Shore Boulevard, Lake Orion, MI 48362
1/35
9

$850,000

Sold 07/03/25

4
Bedrooms
3,702
Square Feet
0.3
Acres

Location

Listing Courtesy of REAL ESTATE ONE-WB/FH

Sold By REAL ESTATE ONE-WB/FH

Add your commute

Payment Calculator

$1,432 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,194

Property Taxes

$237

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 527 Heights Road

Property Details
  • Taxes: $2,845 / year
  • MLS Type: Residential Income / Multi Family
  • Subdivision Name: SUPERVISOR'S PLAT NO 4 - ORION TWP
  • Architectural Style: Quadruplex
  • Waterfront: No
  • Zoning Description: Multi Family
Building Information
  • Residences: 4
  • Year Built: 1942
Summary
Location and General Information
  • Directions: WEST OFF M-24 ONTO HEIGHTS WEST CORNER OF FERNDALE
  • Latitude: 42.773432
  • Longitude: -83.25237
  • Cross Street: S of Heights/W of Ferndale
  • MLS Area Major: Area02091Orion Twp
  • Water Body Name: LAKE ORION
Taxes and HOA
  • Parcel Number: 0911306031
  • Tax Amount Summer: $2,210.00
  • Tax Amount Winter: $635.00
  • Tax Annual Amount: $2,845.00
  • Tax Legal Description: LOTS 34 & 35 SUPERVISOR'S PLAT NO. 4
  • Tax Other Annual Assessment Description: NONE KNOWN
School Information
  • High School District: Lake Orion
Parking
  • Parking Total: 4.0
  • Parking Features: Assigned, Paved
Property
Lot Information
  • Lot Size Dimensions: 79X66X122X144
  • Encroachment: No
  • Road Frontage Type: Paved
Property and Assessments
  • Living Area: 3900.0
  • Above Grade Finished Area: 3000.0
  • Below Grade Finished Area: 900.0
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Units: Square Feet
  • Class Name: Residential Income
  • Living Area Source: Estimated
  • Living Area Units: Square Feet
  • Other Structures: Sheds
  • Year Built: 1942
Building Features
  • Construction Materials: Aluminum Siding
  • Foundation Details: Basement
  • Levels: Two
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Bathrooms Total Notational: 4.0
  • Basement: Finished, Walk Out Access
  • Has Basement: Yes
  • Bathrooms Full: 4
  • Bathrooms Total Integer: 4
  • Cooling: Window Units
  • Has Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
  • Laundry Features: Laundry Room
  • Security Features: Smoke Detectors
  • Water Heater Fuel: Natural Gas
  • UnitOneBedNumberOf: 4
Exterior Features
  • Exterior Features: Lighting
  • Fencing: Fenced
Multi Family
Multi Family Information
  • Number of Units Total: 4
Income & Expenses
  • Gross Scheduled Income: $27,600.00
  • Net Operating Income: $20,800.00
  • Operating Expense: $6,800.00
Agent
Sale and Listings
  • Public GLR Website: Yes
Rental
Rent Information
  • Monthly Rental Income: $2,300.00
  • APODAvailable: No
  • Rent Includes: Electricity, Heat, Sewer, Snow Removal, Trash Collection, Water

Property History for 527 Heights Road

DateEvent & SourcePriceAppreciation
Nov 12, 2004

Sold (Public Record)

Public Record #155692128

$235,000
Nov 12, 2004

Sold

Realcomp #24101872

$235,000
Oct 26, 2004

Contract Signed

Realcomp #24101872

DateEvent & SourcePrice
11/12/2004

Sold (Public Record)

Public Record #155692128

$235,000
11/12/2004

Sold

Realcomp #24101872

$235,000
10/26/2004

Contract Signed

Realcomp #24101872

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 527 Heights Road

Taxable ValueLand-Additions-Total-
Tax Record2024$3,717 ($310 / month)
Home Facts
Beds4Baths4Total Finished SqFt1,920 SqFtAbove Grade Finished SqFt1,920 SqFtStories2Lot Size9,888 SqFtStyleSingle Family ResidenceYear Built1945ZoningRICountyOAKLANDAPNO -09-11-306-031

Schools near 527 Heights Road

This home is within Lake Orion Community Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Orion Oaks Elementary School
PublicPK to 5

Oakview Middle School
Public6 to 8

Lake Orion Community High School
Public9 to 12

Pine Tree Center
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of REAL ESTATE ONE-WB/FH

IDX provided courtesy of Realcomp II Ltd. via Compass and its related brokerages. Copyright 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The data relating to real estate properties on this website was last updated on 09/24/2023 05:35 AM PST