NOT LISTED FOR SALE

1950 Shankin Dr Wolverine Lake, MI 48390

Estimated Value: $901,000 - $986,000

6 Beds
3.5 Baths
3,000 Sq Ft
$312/Sq Ft Est. Value

Last Sold July 29, 2017

Last sale price $550,000 $183 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $5,990/month

22 Days on Market

Highlights

  • 45 Feet of Waterfront
  • Dock Facilities
  • 0.58 Acre Lot
  • James R Geisler Middle School Rated A-
  • In Ground Pool
  • Lake Privileges

About This Home

As of July 2017

RELOCATING SELLERS ARE SAD TO LEAVE THIS HOME W/ SPECTACULAR VIEWS OF WOLVERINE LAKE, SIDES TO CANAL, DOCK PRIV* ON WOLVERINE LAKE, 4850 COMBINED SQ FT W/ WALKOUT, CUSTOM GOURMET GRANITE KITCHEN W/ MAPLE GLAZED CABINETS, SS/ APPL, GAS STOVE, HARDWD FLRS, CROWN MOLDING, LIBRARY/DEN, NEWER CARPET, LARGE 1ST FLR MASTER SUITE W/ OVERSIZED W.I.C., SPA BATH W/ DEEP GARDEN TUB & SEPARATE LARGE SHOWER, DUAL SINKS, FORMAL DINING RM, NEUTRAL PAINT, SCREENED IN PORCH TO NEW 2 LEVEL DECK, ATTIC STORAGE W/ LIGHTING, BEAUTIFUL FINISHED WALKOUT BASEMENT W/ FAMILY ROOM, BILLIARD AREA, IN-LAW SUITE OR AUPAIR SUITE W/ WIC & BEDROOM 6, FULL 2ND KITCHEN & FULL BATH, BASEMENT WALKS OUT TO GORGEOUS PAVER PATIO TO INGROUND POOL W/ SERENE PRIVATE SETTING , LARGE POOL DECK AREA, DIVING BOARD, SHALLOW KIDS AREA, NEWER POOL HTR, ALL POOL EQUIPMENT TO REMAIN, (SALT WATER SYSTEM NOT IN USE), NEW WELL PUMP, IRON FILTRATION SYSTEM, NEWER FURNACE, 3 CAR GARAGE W/DIRECT BASEMENT ACCESS. MEAS APPRX.

Last Agent to Sell the Property

Heidi Rhome

Keller Williams Advantage Northville License #6501333244 Listed on: 05/28/2017

Keller Williams Advantage Northville

Last Buyer's Agent

Brian Butterfield

KW Metro License #6501337180

KW Metro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1992 | Remodeled in 2011

Lot Details

  • 0.58 Acre Lot
  • Lot Dimensions are 64x165
  • 45 Feet of Waterfront
  • River Front
  • Home fronts a canal
  • Fenced

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 3,000 Sq Ft Home
  • 1.5-Story Property
  • Living Room with Fireplace
  • Water Views

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Sump Pump
  • Fireplace in Basement

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • In Ground Pool
  • Dock Facilities
  • Boat Facilities
  • Lake Privileges
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1727277026

Community Details

Overview

  • No Home Owners Association
  • Wolverine Bluff Sub Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,903

Year Built

Built in 1992 | Remodeled in 2011

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Cape Cod
  • Architecture Level: 1 1/2 Story
  • Year Built: 1992
  • Year Renovated: 2011
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, Humidifier, Water Softener (owned)
  • Fireplace: Yes
  • Fireplace Locations: Basement, Living Room
  • Room Count: 20
  • Total Bedrooms: 6
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 4850
  • Sq Ft Lower Floor: 1850
  • Total Sq Ft: 3000
  • Sq Ft Total Bsmt: 2000

Exterior Features

  • Waterfront Name: WOLVERINE LAKE/CANAL
  • Pool: Yes
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Exterior Features: Fenced, Lighting, Pool - Inground
  • Foundation Materials: Poured
  • Frontage Feet: 64
  • Porch Type: Deck, Porch, Porch - Covered
  • Road Frontage Type: Paved
  • Water Frontage Feet: 45.00
  • Waterfront Description: Canal Front, Lake/River Priv, River Front

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Attached, Basement Access, Direct Access, Door Opener, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Natural Gas
  • Water Source: Well (Existing)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Walled Lake

Lot Info

  • List Price per Acre: 1034310.3448
  • Lot Features: Water View
  • Lot Size Area: 0.58
  • Lot Dimensions: 64X165
  • Parcel Number: 1727277026

Tax Info

  • Tax Amount Summer: 7081.0000
  • Tax Amount Winter: 822.0000
  • Total Tax: 7903.0000

Multi Family

  • Waterfront Features: All Sports Lake, Boat Facilities, Dock Facilities

MLS Schools

  • School District: Walled Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2017
Closed on
Jul 29, 2017
Sold by
Lamb Adam and Lamb Michelle
Bought by
Cavanaugh John
Seller's Agent
Heidi Rhome
Keller Williams Advantage Northville
Buyer's Agent
Brian Butterfield
KW Metro
List Price
$639,900
Sold Price
$550,000
Premium/Discount to List
-$89,900
-14.05%
Current Estimated Value
$936,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$386,924
Avg. Annual Appreciation
5.95%
Original Mortgage
$440,000
Outstanding Balance
$368,031
Interest Rate
3.6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$511,390

Purchase Details

Closed on
Sep 9, 2015
Sold by
Lamb Adam and Lamb Michelle
Bought by
Lamb Family Trust and Lamb Michelle

Purchase Details

Closed on
May 21, 2013
Sold by
Mathieu Raymond
Bought by
Lamb Adam and Lamb Michelle

Purchase Details

Closed on
Oct 8, 2010
Sold by
Lamb Michelle and Lamb Adam
Bought by
Mathieu Raymond and Lamb Michelle

Purchase Details

Closed on
Feb 16, 2010
Sold by
Pepin Michael P and Pepin Toni M
Bought by
Citimortgage Inc

Purchase Details

Closed on
Mar 9, 2004
Sold by
Phillips Mark A and Phillips Dale Diane
Bought by
Pepin Michael and Pepin Toni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 26, 2001
Sold by
Stainbrook Jeremy T
Bought by
Phillips Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.69%

Purchase Details

Closed on
Apr 15, 1999
Sold by
Redmond John D
Bought by
Stainbrook Jeremy Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
7.04%
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
Cavanaugh John $550,000 None Available
Lamb Family Trust -- Attorney
Lamb Adam -- None Available
Mathieu Raymond -- None Available
Citimortgage Inc $161,292 None Available
Pepin Michael $555,000 --
Phillips Mark A $520,000 --
Stainbrook Jeremy Todd $391,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cavanaugh John P $440,000
Previous Owner Lamb Michelle $133,500
Previous Owner Lamb Michelle N $239,999
Previous Owner Lamb Adam $125,000
Previous Owner Pepin Michael $464,000
Previous Owner Phillips Mark A $275,000
Previous Owner Stainbrook Jeremy Todd $306,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2017 07/29/17 Sold $550,000 -8.3% $183 / Sq Ft
06/19/2017 06/19/17 Pending -- -- --
06/05/2017 06/05/17 Price Changed $599,900 -6.3% $200 / Sq Ft
05/28/2017 05/28/17 For Sale $639,900 -- $213 / 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 $11,092 $422,200 $0 $0
2023 $10,676 $375,580 $0 $0
2022 $12,467 $345,710 $0 $0
2021 $12,322 $325,330 $0 $0
2020 $10,543 $323,580 $0 $0
2019 $7,057 $306,390 $0 $0
2018 $11,324 $217,990 $0 $0
2017 $8,016 $217,990 $0 $0
2016 $7,903 $203,800 $0 $0
2015 -- $200,730 $0 $0
2014 -- $161,210 $0 $0
2011 -- $134,230 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 217044238

Realcomp

APN: 17-27-277-026