2450 S Commerce Rd Walled Lake, MI 48390
Estimated payment $1,778/month
About This Lot
This 1.6 Acre property is ideal for single or multi-family development. Located between downtown Walled Lake and the Commerce/M-5 retail corridor, there is easy access from the property to the quaint lakeside downtown as well as major area retailers. The property is level with Wolverine Lake views, and the area rental market is strong with the neighboring Hawk Lake Apartments and Townhomes always at or near capacity. Note: The value of this property is in the land. The existing 1,828 SF home on the property is not in good condition. The property consists of two parcels (17-23-326-009, 17-23-326-010), totaling 1.6 Acres, that will be sold together.
Property Details
Property Type
- Land
Est. Annual Taxes
- $4,983
Lot Details
- 1.6 Acre Lot
- Lot Dimensions are 232x341
Utilities
- Well
- Septic Tank
- Septic System
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,362 | $100,080 | $0 | $0 |
| 2023 | $3,178 | $97,610 | $0 | $0 |
| 2022 | $3,123 | $86,070 | $0 | $0 |
| 2021 | $9,392 | $81,310 | $0 | $0 |
| 2020 | $2,950 | $73,770 | $0 | $0 |
| 2019 | $5,192 | $71,990 | $0 | $0 |
| 2018 | $4,239 | $70,560 | $0 | $0 |
| 2017 | $4,093 | $65,670 | $0 | $0 |
| 2016 | $4,194 | $61,290 | $0 | $0 |
| 2015 | -- | $52,930 | $0 | $0 |
| 2014 | -- | $48,150 | $0 | $0 |
| 2011 | -- | $54,500 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/22/2025 10/22/25 | Price Changed | $259,000 | -7.2% | -- |
| 12/04/2024 12/04/24 | For Sale | $279,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $300,000 | Metropolitan | |
| Quit Claim Deed | -- | Blue Water Title | |
| Warranty Deed | $244,500 | Complete Title Services Of S | |
| Warranty Deed | $244,500 | Title One Inc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $184,000 | Purchase Money Mortgage | |
| Previous Owner | $220,500 | Adjustable Rate Mortgage/ARM |
Source: MichRIC
MLS Number: 24061722
APN: 17-23-326-009
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Information is deemed reliable but not guaranteed.
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