NOT LISTED FOR SALE

2445 Ethel Dr Wolverine Lake, MI 48390

Estimated Value: $438,000 - $504,000

3 Beds
1.5 Baths
1,050 Sq Ft
$453/Sq Ft Est. Value

Last Sold July 22, 2020

Last sale price $361,000 $344 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,146/month

75 Days on Market

Highlights

  • Private Waterfront
  • Boat Facilities
  • Deck
  • James R Geisler Middle School Rated A-
  • Lake Privileges
  • Ranch Style House

About This Home

As of July 2020

Beautifully Updated Wolverine Lake Canal Front Home with Boat Dock ready for Summer!! 3 Bed, 1.5 Bath Ranch home with Finished Walkout Basement doubling the living space! 80 feet of waterfront with beach area on a private canal with direct access to the main lake for all the wonderful memories waiting to be made. Nothing was left untouched including new kitchen cabinets with self-closing doors/drawers, granite counters, under cabinet lighting, restored hardwood floors & recessed lighting throughout, new bath vanities/fixtures, main bath has new tile and tub; updated plumbing/electrical, new water softener, 2 panel interior doors, Walkout Basement with natural fireplace, new patio doors, new large concrete driveway with ample parking, and garage door. $2,500 Allowance towards Kitchen Appliances.Great location..close to freeways & shopping.. Award Winning Walled Lake Schools. Wolverine Lake is a hidden gem and is one of the best all sports lake communities in Oakland County. Tour Today!

Last Agent to Sell the Property

Janel Barber

Remerica Hometown One License #6501293713 Listed on: 05/07/2020

Co-Listed By

Joe Bertera

Remerica Hometown One License #6501356736

Last Buyer's Agent

Bradley Mangune

Realty Executives Home Towne License #RCO-6501399233

Realty Executives Home Towne

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1959 | Remodeled in 2019

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 69.00x46.70
  • Private Waterfront
  • 80 Feet of Waterfront
  • Home fronts navigable water
  • Home fronts a canal
  • Corner Lot
  • Sprinkler System

HOA Fees

  • $2 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Chimney Cap
  • Vinyl Construction Material

Interior Spaces

  • 1,050 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Water Views
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Fireplace in Basement

Parking

  • 2.5 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Seawall
  • Boat Facilities
  • Lake Privileges
  • Deck
  • Exterior Lighting

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1723351020
  • $6,950 Seller Concession

Community Details

Overview

  • Payne's Manor Sub Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,723

Year Built

Built in 1959 | Remodeled in 2019

Lot Details

0

HOA Fees

$2 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1959
  • State Equalized Value: 148840.0000
  • Year Renovated: 2019
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Programmable Thermostat
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Basement
  • Room Count: 10
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Disposal
  • Sq Ft Combined: 2000
  • Sq Ft Lower Floor: 950
  • Total Sq Ft: 1050
  • Sq Ft Total Bsmt: 1050

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Wolverine Lake
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exterior Features: Chimney Cap(s), Lighting
  • Foundation Materials: Block
  • Frontage Feet: 69
  • Porch Type: Deck
  • Road Frontage Type: Paved
  • Water Frontage Feet: 80.00
  • Waterfront Description: Canal Front, Lake Privileges, Private Water Frontage, Lake/River Priv

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Natural Gas
  • Water Source: Well (Existing)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fee: 20
  • Association Fee: Yes

Schools

  • School District: Walled Lake

Lot Info

  • List Price per Acre: 1499583.3333
  • Lot Features: Corner Lot, Sprinkler(s), Water View
  • Lot Size Area: 0.24
  • Lot Dimensions: 69.00X46.70
  • Parcel Number: 1723351020

Tax Info

  • Tax Amount Summer: 7080.0000
  • Tax Amount Winter: 643.0000
  • Total Tax: 7723.0000
  • Taxable Value: 148840.0000

Multi Family

  • Waterfront Features: All Sports Lake, Boat Facilities, Navigable, Sea Wall

MLS Schools

  • School District: Walled Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2020
Closed on
Jul 22, 2020
Sold by
Holman Robert and Hearn Jeffrey
Bought by
Sparks Karen A and Sparks James C
Seller's Agent
Janel Barber
Remerica Hometown One
Buyer's Agent
Bradley Mangune
Realty Executives Home Towne
List Price
$370,000
Sold Price
$361,000
Premium/Discount to List
-$9,000
-2.43%
Current Estimated Value
$475,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,666
Avg. Annual Appreciation
5.77%
Original Mortgage
$342,950
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 19, 2018
Closed on
Oct 4, 2018
Sold by
Bare Lloyd E
Bought by
Holman Robert and Hearn Jeffrey
Seller's Agent
John Pickell
RE/MAX Classic
Buyer's Agent
John Pickell
RE/MAX Classic
List Price
$259,000
Sold Price
$200,000
Premium/Discount to List
-$59,000
-22.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.83%

Purchase Details

Closed on
Oct 23, 2015
Sold by
Bare Lloyd E and Estate Of Mary C Richman
Bought by
Bare Lloyd E

Purchase Details

Closed on
Nov 16, 2004
Sold by
Richman Eddie and Richman Mary C
Bought by
Richman Mary C

Purchase Details

Closed on
Dec 17, 2001
Sold by
Richman Eddie
Bought by
Richman Mary C
Source: Public Records

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Range of Values:

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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
Sparks Karen A $361,000 None Available
Holman Robert $200,000 First American Title
Bare Lloyd E -- Attorney
Richman Mary C -- Lawyers Title Insurance Corp
Richman Mary C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sparks James C $252,700
Closed Sparks James C $342,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2020 07/22/20 Sold $361,000 +0.3% $344 / Sq Ft
07/22/2020 07/22/20 Pending -- -- --
06/15/2020 06/15/20 Price Changed $359,900 -1.4% $343 / Sq Ft
06/11/2020 06/11/20 Price Changed $364,900 -1.4% $348 / Sq Ft
06/06/2020 06/06/20 For Sale $370,000 0.0% $352 / Sq Ft
05/20/2020 05/20/20 Pending -- -- --
05/07/2020 05/07/20 For Sale $370,000 +85.0% $352 / Sq Ft
10/05/2018 10/05/18 Sold $200,000 -22.8% $192 / Sq Ft
10/02/2018 10/02/18 Pending -- -- --
09/28/2018 09/28/18 For Sale $259,000 0.0% $249 / Sq Ft
09/25/2018 09/25/18 Pending -- -- --
09/19/2018 09/19/18 For Sale $259,000 -- $249 / 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 $5,943 $209,730 $0 $0
2023 $5,633 $197,960 $0 $0
2022 $6,732 $181,810 $0 $0
2021 $6,594 $173,690 $0 $0
2020 $7,172 $170,270 $0 $0
2019 $6,337 $148,840 $0 $0
2018 $4,532 $141,880 $0 $0
2017 $4,477 $141,880 $0 $0
2016 $7,866 $136,040 $0 $0
2015 -- $124,010 $0 $0
2014 -- $112,940 $0 $0
2011 -- $100,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200030199

Realcomp

APN: 17-23-351-020