NOT LISTED FOR SALE

1425 Shankin Dr Wolverine Lake, MI 48390

Estimated Value: $687,000 - $718,000

4 Beds
2.5 Baths
1,963 Sq Ft
$361/Sq Ft Est. Value

Last Sold December 02, 2022

Last sale price $450,000 $229 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,571/month

24 Days on Market

Highlights

  • 115 Feet of Waterfront
  • Colonial Architecture
  • Ground Level Unit
  • James R Geisler Middle School Rated A-
  • Deck
  • No HOA

About This Home

As of December 2022

Relax to Wolverine Lake Lifestyle! Beautiful lot on lake with 115ft of lake frontage. This property has great living space. Details include 4 bedrooms, large family room with a three seasons room attached that has a stunning view of the lake! Dining room and kitchen both have excellent views of lake. The finished basement is surely a plus to this property, it is finished with a kitchen , full bath and living room and an extra room that was used as a bedroom. This home offers plenty of opportunity to make this home your own!! There is plenty of storage and room for all your lake accessories! Make this your new home!

Last Agent to Sell the Property

Kristin Wengren

Real Estate One-Ortonville License #6501337899 Listed on: 09/22/2022

Real Estate One-Ortonville

Last Buyer's Agent

Liz Stevenson

Real Estate One-Northville License #6502138660

Real Estate One-Northville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1968

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 115x59x161x186
  • 115 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,963 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Water Views
  • Finished Basement

Kitchen

  • Free-Standing Gas Oven
  • Range Hood
  • Free-Standing Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Water Softener is Owned
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 1727427011

Community Details

Overview

  • No Home Owners Association
  • Penny Lake Estates Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,207

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 198.00
  • Year Built: 1968
  • State Equalized Value: 243810.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: High Spd Internet Avail, Humidifier, Water Softener (owned)
  • Fireplace: Yes
  • Fireplace Locations: Family Room
  • Room Count: 12
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walk-Out Access
  • Kitchen Appliances: Dishwasher, Dryer, Free-Standing Freezer, Free-Standing Gas Oven, Free-Standing Refrigerator, Range Hood, Washer
  • Sq Ft Combined: 2863
  • Sq Ft Lower Floor: 900
  • Total Sq Ft: 1963
  • Sq Ft Total Bsmt: 952

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Wolverine Lake
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Foundation Materials: Block
  • Frontage Feet: 59
  • Porch Type: Porch - Covered, Deck, Porch, Patio - Covered
  • Road Frontage Type: Paved
  • Water Frontage Feet: 115.00
  • Waterfront Description: Direct Water Frontage, Lake Front

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Well (Existing)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Walled Lake

Lot Info

  • Homestead: Yes
  • Lot Features: Water View
  • Lot Size Area: 0.33
  • Lot Dimensions: 115x59x161x186
  • Parcel Number: 1727427011

Tax Info

  • Tax Amount Summer: 5132.0000
  • Tax Amount Winter: 1075.0000
  • Total Tax: 6207.0000
  • Taxable Value: 171350.0000

Multi Family

  • Waterfront Features: All Sports Lake, DIRFRT

MLS Schools

  • School District: Walled Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2022
Closed on
Dec 2, 2022
Sold by
Mary A Waligore Family Trust
Bought by
Stevenson Frederick N and Stevenson Elizabeth A
Seller's Agent
Kristin Wengren
Real Estate One-Ortonville
Buyer's Agent
Liz Stevenson
Real Estate One-Northville
List Price
$549,900
Sold Price
$450,000
Premium/Discount to List
-$99,900
-18.17%
Views
1
Current Estimated Value
$708,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,806
Avg. Annual Appreciation
18.04%
Original Mortgage
$350,000
Outstanding Balance
$340,425
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$368,381

Purchase Details

Closed on
Aug 22, 2022
Sold by
Mary A Waligore Revocable Trust
Bought by
Mary A Waligore Family Trust

Purchase Details

Closed on
May 15, 2008
Sold by
Waligore Edward J and Waligore Mary A
Bought by
The Mary A Waligore Revocable Trust and Waligore Mary A
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Stevenson Frederick N $450,000 --
Mary A Waligore Family Trust -- --
The Mary A Waligore Revocable Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stevenson Frederick N $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2022 12/02/22 Sold $450,000 -14.3% $229 / Sq Ft
10/16/2022 10/16/22 Pending -- -- --
10/03/2022 10/03/22 Price Changed $525,000 -4.5% $267 / Sq Ft
09/22/2022 09/22/22 For Sale $549,900 -- $280 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,507 $290,740 $0 $0
2023 $8,059 $272,540 $0 $0
2022 $6,439 $243,810 $0 $0
2021 $6,306 $234,350 $0 $0
2020 $5,356 $229,760 $0 $0
2019 $4,311 $211,760 $0 $0
2018 $6,181 $203,300 $0 $0
2017 $6,100 $203,300 $0 $0
2016 $6,041 $193,400 $0 $0
2015 -- $181,400 $0 $0
2014 -- $162,620 $0 $0
2011 -- $145,110 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221044332

Realcomp

APN: 17-27-427-011