NOT LISTED FOR SALE

250 Oak Island Dr Wolverine Lake, MI 48390

Estimated Value: $460,000 - $841,000

3 Beds
2 Baths
2,163 Sq Ft
$336/Sq Ft Est. Value

Last Sold December 05, 2024

Last sale price $825,000 $381 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $5,264/month

19 Days on Market

Highlights

  • 621 Feet of Waterfront
  • Dock Facilities
  • Spa
  • Glengary Elementary School Rated A-
  • Beach Access
  • Cape Cod Architecture

About This Home

As of December 2024

Beautiful home nestled on its own peninsula right on Wolverine Lake! Amazing opportunity that you cannot pass up. Tremendous outdoor space with private beach, newly painted deck (2024), garage roof (2021), and basketball hoop (2021). First floor bedroom with walk-in closet and new laminate floors (2021). Gourmet kitchen with granite, new faucet (2021), and new Thermador stainless steel appliances – 5 burner gas range, microwave, refrigerator, dishwasher (2023). Open floor plan from kitchen leading to dining room and family room. Hardwood floors, new Pottery Barn chandelier (2021), and full bath vanity (2021). New carpeted stairs (2021) leading to the second floor. New laminate flooring (2021) for both bedrooms. Great loft space for an office. New water heater (2018), 1st floor A/C and furnace (2017). Newer 2nd floor furnace and A/C (recently serviced July 2024) and Andersen windows. Incredible waterfront home you must see!

Last Agent to Sell the Property

John Goodman

Century 21 Curran & Oberski License #6501250708 Listed on: 10/02/2024

Century 21 Curran & Oberski

Last Buyer's Agent

Gregory Morad

GEM Realty & Development License #6502387767

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1940

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 386x74
  • 621 Feet of Waterfront
  • Lake Front
  • Sprinkler System

Parking

  • 1.5 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Colonial Architecture
  • Cottage
  • Composition Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,163 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • South/West Shading
  • Great Room with Fireplace
  • Water Views
  • Basement

Kitchen

  • Free-Standing Gas Oven
  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • ENERGY STAR Qualified Dryer
  • ENERGY STAR Qualified Washer

Outdoor Features

  • Spa
  • Beach Access
  • Seawall
  • Dock Facilities
  • Deck
  • Exterior Lighting

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Dehumidifier
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Purifier is Owned
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 1722433001

Community Details

Overview

  • No Home Owners Association

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,125

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Cape Cod, Colonial, Cottage
  • Architecture Level: 2 Story
  • Assessment: 202.00
  • Year Built: 1940
  • State Equalized Value: 311060.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: De-Humidifier, High Spd Internet Avail
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Room Count: 13
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Kitchen Appliances: ENERGY STAR® qualified dryer, ENERGY STAR® qualified washer, Water Purifier Owned, Dishwasher, Disposal, Free-Standing Gas Oven, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s), Trash Compactor
  • Sq Ft Combined: 2163
  • Total Sq Ft: 2163
  • Sq Ft Total Bsmt: 838

Exterior Features

  • Roof Material: Asphalt, Composition
  • Waterfront Name: Wolverine Lake
  • Waterfront: Yes
  • Foundation Details: Michigan Basement
  • Construction Materials: Vinyl, Wood
  • Exterior Features: Spa/Hot-tub, Lighting
  • Frontage Feet: 74
  • Porch Type: Deck
  • Road Frontage Type: Paved
  • Sideof Street: W
  • Water Frontage Feet: 621.00
  • Waterfront Description: Beach Access, Direct Water Frontage, Lake Front, Water Front

Garage/Parking

  • Garage Size: 1.5 Car
  • Garage Features: Electricity, Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air, Window Unit(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary), Shared Septic (Common)
  • Water Heater Fuel: Natural Gas
  • Water Source: Well (Existing)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Walled Lake

Lot Info

  • Lot Features: South/West Shading, Sprinkler(s), Vacation Home, Water View
  • Lot Size Area: 0.11
  • Lot Dimensions: 386x74
  • Parcel Number: 1722433001

Tax Info

  • Tax Amount Summer: 13843.0000
  • Tax Amount Winter: 2282.0000
  • Total Tax: 16125.0000
  • Taxable Value: 299310.0000

Multi Family

  • Waterfront Features: All Sports Lake, Dock Facilities, Sea Wall, DIRFRT

MLS Schools

  • School District: Walled Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2024
Closed on
Dec 3, 2024
Sold by
Grimes Eric W
Bought by
Scharrer Michael and Scharrer Brooke
Seller's Agent
John Goodman
Century 21 Curran & Oberski
Buyer's Agent
Gregory Morad
GEM Realty & Development
List Price
$850,000
Sold Price
$825,000
Premium/Discount to List
-$25,000
-2.94%
Total Days on Market
19
Views
22
Current Estimated Value
$726,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$98,374
Avg. Annual Appreciation
-20.95%
Original Mortgage
$783,750
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 10, 2021
Closed on
Jun 29, 2021
Sold by
Scott John H and Champagne Linda C
Bought by
Grimes Eric W
Seller's Agent
John Scott
RE/MAX Eclipse
Buyer's Agent
John Goodman
Coldwell Banker Weir Manuel-Northville
List Price
$659,500
Sold Price
$750,000
Premium/Discount to List
$90,500
13.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.82%
Original Mortgage
$548,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2011
Sold by
Champagne Linda C
Bought by
Scott John H and Champagne Linda C

Purchase Details

Closed on
May 19, 2009
Sold by
Scott John H and Champagne Linda C
Bought by
Champagne Linda C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,500
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 1999
Sold by
Robinson Eugene E
Bought by
Scott John H
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
Scharrer Michael $825,000 None Listed On Document
Grimes Eric W $735,000 None Available
Scott John H -- None Available
Champagne Linda C -- Metropolitan Title Company
Scott John H $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scharrer Brooke $782,250
Closed Scharrer Michael C $783,750
Previous Owner Grimes Eric Weldon $548,250
Previous Owner Champagne Linda C $125,000
Previous Owner Champagne Linda C $310,500
Previous Owner Champagne Linda C $307,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2024 12/05/24 Sold $825,000 -2.9% $381 / Sq Ft
10/22/2024 10/22/24 Pending -- -- --
10/02/2024 10/02/24 For Sale $850,000 +13.3% $393 / Sq Ft
07/01/2021 07/01/21 Sold $750,000 +13.7% $347 / Sq Ft
05/10/2021 05/10/21 For Sale $659,500 -- $305 / 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 $14,586 $330,740 $0 $0
2023 $13,843 $311,060 $0 $0
2022 $15,553 $285,060 $0 $0
2021 $8,509 $272,810 $0 $0
2020 $7,481 $267,770 $0 $0
2019 $4,200 $246,690 $0 $0
2018 $7,735 $227,890 $0 $0
2017 $6,014 $227,890 $0 $0
2016 $5,957 $217,500 $0 $0
2015 -- $188,350 $0 $0
2014 -- $169,010 $0 $0
2011 -- $136,230 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Goodman

    Seller's Agent in 2024

    John Goodman

    Century 21 Curran & Oberski

    (248) 532-0608

    3 in this area

    539 Total Sales

    John Goodman
    Section Image
  • Gregory Morad

    Buyer's Agent in 2024

    Gregory Morad

    GEM Realty & Development

    (734) 812-0088

    3 in this area

    140 Total Sales

    Gregory Morad
    Section Image
  • John Scott

    Seller's Agent in 2021

    John Scott

    RE/MAX

    (248) 310-1946

    3 in this area

    24 Total Sales

    John Scott
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20240070339

Realcomp

APN: 17-22-433-001

Michigan Oakland County Wolverine Lake 48390

250 Oak Island Dr, Wolverine Lake, MI

This home is located at 250 Oak Island Dr, Wolverine Lake, MI 48390 since 02 October 2024 and is currently estimated at $726,626, approximately $335 per square foot. This property was built in 1940. 250 Oak Island Dr is a home located in Oakland County with nearby schools including Glengary Elementary School, James R Geisler Middle School, and Walled Lake Northern 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.

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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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