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Sold for $122,500
  • $122,500

    129 N Slater St, Lake Orion, MI 48362

    3beds
    984sqft
    Single Family Residence
    Built in 1951
    4,356 Square Feet Lot
    $125,500 Zestimate®
    $124/sqft
    $2,052 Estimated rent

    Home value

    $125,500

    $119,000 - $132,000

    $2,052/mo

    Zestimate® history
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    What's special

    Fenced yardCovered porchDetached two-car garageSome plumbing updatesNewer hot water heaterDining room
    Exceptional opportunity in the heart of Lake Orion’s historic village. As the community experiences rapid growth—with new residential development, expanding businesses, and increasing demand for walkable living—properties like this are becoming harder to find. Originally a barn and converted to a residence mid-century, this home offers a unique piece of village history that cannot be recreated. Located just a few short blocks from downtown’s shops, dining, and year-round events, the property provides a prime setting for a full renovation or future redevelopment. Features include a living room, dining room, kitchen, two bedrooms plus a non-conforming third room, two full baths, updated electrical panel and wiring, some plumbing updates, newer hot water heater, some updates to boiler, a 2013 roof, dry basement with large glass block windows, covered porch, fenced yard, and detached two-car garage. The property requires extensive renovation inside and out and may not qualify for all financing types. Ideal for investors or buyers seeking a project with strong equity potential—recent sales support values well above the current list price. Buyers must be accompanied by MI licensed agent for all showings and inspections. Property is being sold As-is, Where-is. Seller will make no repairs. Seller is motivated and will consider all offers. Info deemed reliable but not guaranteed - Buyers to verify all info.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jacqueline McMahon 248-807-1967,

    MBA Real Estate Services

    Bought with:

    Garrett Moreau, 6501407347

    Anthony Djon Luxury Real Estate

    Source: Realcomp II,MLS#: 20251058576MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Bedroom
    • Level: Second
    • Area: 108
    • Dimensions: 12 X 9
    Bedroom
    • Level: Second
    • Area: 108
    • Dimensions: 12 X 9
    Bedroom
    • Level: Second
    • Area: 120
    • Dimensions: 10 X 12
    Other
    • Level: Entry
    • Area: 40
    • Dimensions: 8 X 5
    Other
    • Level: Second
    • Area: 45
    • Dimensions: 9 X 5
    Dining room
    • Level: Entry
    • Area: 144
    • Dimensions: 12 X 12
    Kitchen
    • Level: Entry
    • Area: 120
    • Dimensions: 12 X 10
    Living room
    • Level: Entry
    • Area: 228
    • Dimensions: 19 X 12
    Heating
    • Baseboard, Hot Water, Natural Gas
    Appliances
    • Laundry: Electric Dryer Hookup, Washer Hookup
    Features
    • Basement: Interior Entry,Partial,Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 984 sqft
    • Finished area above ground: 984

    Property

    Parking
    • Total spaces: 2
    • Parking features: Two Car Garage, Detached
    • Garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: GroundLevelwSteps
    • Patio & porch: Covered, Porch
    • Pool features: None
    Lot
    • Size: 4,356 Square Feet
    • Dimensions: 60 x 70 x 60 x 70
    Details
    • Parcel number: 0902443004
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other
    • Property subtype: Single Family Residence
    Materials
    • Asbestos, Other, Wood Siding
    • Foundation: Basement, Block, Crawl Space
    Condition
    • New construction: No
    • Year built: 1951

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: HEMINGWAYS
    HOA
    • Has HOA: No
    Location
    • Region: Lake Orion

    Financial & listing details

    • Price per square foot: $124/sqft
    • Tax assessed value: $48,330
    • Annual tax amount: $2,174
    • Date on market: 12/6/2025
    • Cumulative days on market: 30 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA 203K

    Price history

    DateEventPrice
    1/20/2026Sold$122,500-18.3%$124/sqft
    Source: Realcomp II #20251058576 Report a problem
    1/7/2026Pending sale$150,000$152/sqft
    Source: Realcomp II #20251058576 Report a problem
    12/30/2025Price change$150,000-11.8%$152/sqft
    Source: Realcomp II #20251058576 Report a problem
    12/22/2025Price change$170,000-2.9%$173/sqft
    Source: Realcomp II #20251058576 Report a problem
    12/13/2025Price change$175,000-7.4%$178/sqft
    Source: Realcomp II #20251058576 Report a problem
    12/6/2025Listed for sale$189,000$192/sqft
    Source: Realcomp II #20251058576 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,477 +5%$86,220 +10.2%
    2023$1,407 +5%$78,250 +11.1%
    2022$1,340 +1%$70,410 +7.5%
    2021$1,327 $65,500 +9.6%
    2020-- $59,750 +9.2%
    2019$1,822 +52.4%$54,700 +0.3%
    2018$1,195 $54,520
    2017-- $54,520 +7.7%
    2016-- $50,640 +7.7%
    2015-- $47,000 +10.6%
    2014-- $42,480 +3.6%
    2011-- $40,990 -24.5%
    2010-- $54,320 -12.7%
    2009-- $62,210 -6.9%
    2003-- $66,830 +28.4%
    2002-- $52,060 +38.7%
    2001$1,569 +5.3%$37,540 +3.2%
    2000$1,490 $36,380
    Find assessor info on the county website

    Neighborhood: 48362

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $125,500
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $125,500