NOT LISTED FOR SALE

1559 Shankin Dr Wolverine Lake, MI 48390

Estimated Value: $963,000 - $1,020,000

4 Beds
3.5 Baths
3,708 Sq Ft
$267/Sq Ft Est. Value

Last Sold March 25, 2022

Last sale price $865,000 $233 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $6,326/month

17 Days on Market

Highlights

  • 86 Feet of Waterfront
  • Traditional Architecture
  • Ground Level Unit
  • James R Geisler Middle School Rated A-
  • Jetted Tub in Primary Bathroom
  • No HOA

About This Home

As of March 2022

Multiple Offers due Thur 2/24@noon.This amazing multi-level home showcases an ’01 addition that will leave you breathless! The stunning “Great Rm” flaunts 12’tall ceil’s, walls of light&custom blt-ins, just perfect for recreation. Kitchen updated w/Kraftmaid cabinets,solid surface tops & gorgeous Brazilian cherry floors that spill into an extra large dining rm & family rm with firepl. The main bedrm suite is tucked away mid level with a spa-like Jacuzzi bath. 2 big bedrms on upper level with bath. 4th bedrm has its own easy bath access. Sprawling upper office provides lush panoramic views. Large storage rm w/natural light. Lofty flex room at entry. New, awesome laundry includes washer/dryer. Handy dual staircase. New Anderson doorwalls, driveway, water softener&some carpet. Paver patio. Seawall on 86' of lake frontage. SW exposure. Oversized garage. All-Sport 262 acre Wolverine Lake. Enjoy famous Tikki Night, Corn Roast, Raft Off, Tues in the Park, Trails+more! Close to x-ways.

Last Agent to Sell the Property

Diane Braykovich

RE/MAX Classic License #6501119640 Listed on: 02/17/2022

RE/MAX Classic

Last Buyer's Agent

Diane Braykovich

RE/MAX Classic License #RCO-6501119640

RE/MAX Classic

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1969 | Remodeled in 2001

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 86 x 161 x 71 x 161
  • 86 Feet of Waterfront
  • Lake Front

Home Design

  • Traditional Architecture
  • Split Level Home
  • Quad-Level Property
  • Brick Exterior Construction
  • Block Foundation
  • Slab Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,708 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2.5 Car Direct Access Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • Water Softener is Owned

Additional Features

  • Seawall
  • Ground Level Unit

Listing and Financial Details

  • Assessor Parcel Number 1727427004

Community Details

Overview

  • No Home Owners Association
  • Penny Lake Woods Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,971

Year Built

Built in 1969 | Remodeled in 2001

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Traditional, Split Level
  • Architecture Level: Quad-Level
  • Year Built: 1969
  • State Equalized Value: 368720.0000
  • Year Renovated: 2001
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 4

Interior Features

  • Interior Amenities: Jetted Tub, Programmable Thermostat, Water Softener (owned)
  • Fireplace Fuel: Gas, Natural
  • Room Count: 16
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Washer
  • Sq Ft Combined: 3708
  • Total Sq Ft: 3708

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Wolverine Lake
  • Waterfront: Yes
  • Foundation Details: Slab
  • Construction Materials: Brick, Vinyl
  • Exclusions: Yes
  • Foundation Materials: Block
  • Frontage Feet: 71
  • Road Frontage Type: Paved
  • Sideof Street: W
  • Water Frontage Feet: 86.00
  • Waterfront Description: Lake Front, Water Front

Garage/Parking

  • Garage Size: 2.5 Car
  • Garage Features: Direct Access, Electricity, Door Opener, Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Baseboard, Forced Air, Hot Water
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Well (Existing)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Walled Lake

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.29
  • Lot Dimensions: 86 x 161 x 71 x 161
  • Parcel Number: 1727427004

Tax Info

  • Tax Amount Summer: 6650.0000
  • Tax Amount Winter: 1321.0000
  • Total Tax: 7971.0000
  • Taxable Value: 212610.0000

Multi Family

  • Waterfront Features: All Sports Lake, Sea Wall

MLS Schools

  • School District: Walled Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2022
Closed on
Mar 25, 2022
Sold by
Kothari Rajesh U and Kothari Christine L
Bought by
Leyboum Jonathan A and Leybourn Erin
Seller's Agent
Diane Braykovich
RE/MAX Classic
Buyer's Agent
Diane Braykovich
RE/MAX Classic
List Price
$833,900
Sold Price
$865,000
Premium/Discount to List
$31,100
3.73%
Current Estimated Value
$990,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,678
Avg. Annual Appreciation
3.90%
Original Mortgage
$1,072,500
Outstanding Balance
$1,007,540
Interest Rate
4.42%
Mortgage Type
Balloon
Estimated Equity
-$16,862

Purchase Details

Closed on
Feb 13, 1996
Sold by
Vidu George I
Bought by
Kothari Rajesh U

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
7.16%
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
Leyboum Jonathan A $865,000 First American Title
Leyboum Jonathan A $865,000 First American Title
Kothari Rajesh U $232,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leyboum Jonathan A $1,072,500
Closed Leyboum Jonathan A $1,072,500
Previous Owner Kothari Rajesh U $186,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2022 03/25/22 Sold $865,000 +3.7% $233 / Sq Ft
03/07/2022 03/07/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $833,900 -- $225 / 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 $12,874 $455,240 $0 $0
2023 $12,189 $415,840 $0 $0
2022 $8,197 $375,530 $0 $0
2021 $8,028 $368,720 $0 $0
2020 $8,277 $359,040 $0 $0
2019 $5,526 $339,630 $0 $0
2018 $9,462 $295,270 $0 $0
2017 $9,421 $295,270 $0 $0
2016 $9,411 $275,960 $0 $0
2015 -- $274,350 $0 $0
2014 -- $238,400 $0 $0
2011 -- $179,190 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Diane Braykovich

    Seller's Agent in 2022

    Diane Braykovich

    RE/MAX of Southeast Michigan

    (248) 787-4545

    12 in this area

    78 Total Sales

    Diane Braykovich
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Map

Source: Realcomp

MLS Number: 2220010878

Realcomp

APN: 17-27-427-004

Michigan Oakland County Wolverine Lake 48390

1559 Shankin Dr, Wolverine Lake, MI

This home is located at 1559 Shankin Dr, Wolverine Lake, MI 48390 since 17 February 2022 and is currently estimated at $990,678, approximately $267 per square foot. This property was built in 1969. 1559 Shankin Dr is a home located in Oakland County with nearby schools including Mary Helen Guest Elementary School, James R Geisler Middle School, and Walled Lake Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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