$750,000
SOLD JUL 1, 2021

250 Oak Island Dr Wolverine Lake, MI 48390

3 Beds
2 Baths
2,163 Sq Ft
0.65 Acres

Recently Sold

$347 Per Sq Ft

14% Above List Price

51 Days on Market

Highlights

  • 621 Feet of Waterfront
  • Dock Facilities
  • Spa
  • Glengary Elementary School Rated A-
  • Beach Access
  • 0.65 Acre Lot

About This Home

As of December 2024

Ever dream of owning a home on an island at the end of the peninsula, make sure to visit this lakefront home today? This singularly unique home offers 360-degrees of panoramic lake views, over 425 feet of shoreline, the unique daily experience of experiencing sunrises and sunsets from three separate decks, a hot tub, or simply swim at the no-wake zone swim beach. There is more: Open floor plans, 3 large bedrooms, walk-in closets, lofted ceilings, 2 tiled full baths, tons of storage space, separate HVAC systems for each floor plus 2nd floor and basement laundries. It has convenient access to all the freeways, towns, and villages that surround it (Milford, Novi, Northville, Plymouth, Bloomfield, and the new planned Commerce Town center. This totally unique property is a must-see! BOTH the home and its contiguous buildable vacant lot are now individually. A comprehensive and transferable warranty is included.

Last Agent to Sell the Property

John Scott

RE/MAX Eclipse License #6501244929 Listed on: 05/10/2021

RE/MAX Eclipse

Last Buyer's Agent

John Goodman

Coldwell Banker Weir Manuel-Northville License #RCO-6501250708

Coldwell Banker Weir Manuel-Northville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1940 | Remodeled in 2014

Lot Details

  • 0.65 Acre Lot
  • Lot Dimensions are 386x74.00
  • 621 Feet of Waterfront
  • Lake Front
  • Sprinkler System

HOA Fees

  • $2 Monthly HOA Fees

Parking

  • 1.5 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Colonial Architecture
  • Cottage
  • Block Foundation
  • 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
  • Unfinished Basement
  • Walk-Up Access
  • Carbon Monoxide Detectors

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

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Dehumidifier
  • Heating system powered by renewable energy
  • Heating System Uses Natural Gas
  • ENERGY STAR Qualified Water Heater
  • Natural Gas Water Heater
  • Water Purifier is Owned
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Accessible Entrance
  • Ground Level Unit

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 1722433001

Community Details

Overview

  • Stuart's Oak Island Sub Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,391

Year Built

Built in 1940 | Remodeled in 2014

Lot Details

0

HOA Fees

$2 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Cape Cod, Colonial, Cottage
  • Architecture Level: 2 Story
  • Warranty: Yes
  • Year Built: 1940
  • State Equalized Value: 246690.0000
  • Year Renovated: 2014
  • Accessibility Features: Accessible Entrance
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: High Spd Internet Avail, De-Humidifier, Carbon Monoxide Alarm(s), Cable Available
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Room Count: 13
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished, Walk-Up Access
  • 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: Basement, Michigan Basement
  • Construction Materials: Vinyl, Wood
  • Exterior Features: Spa/Hot-tub, Lighting
  • Foundation Materials: Block
  • Frontage Feet: 74
  • Porch Type: Deck
  • Road Frontage Type: Paved
  • 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: ENERGY STAR® Qualified Furnace Equipment, Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary), Shared Septic (Common)
  • Water Heater Fuel: ENERGY STAR® Qualified Water Heater, Natural Gas
  • Water Source: Well (Existing)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fee: 25
  • Association Fee: Yes

Schools

  • School District: Walled Lake

Lot Info

  • Homestead: Yes
  • Lot Features: South/West Shading, Sprinkler(s), Vacation Home, Water View
  • Lot Size Area: 0.65
  • Lot Dimensions: 386X74.00
  • Parcel Number: 1722433001

Tax Info

  • Tax Amount Summer: 7484.0000
  • Tax Amount Winter: 907.0000
  • Total Tax: 8391.0000
  • Taxable Value: 156430.0000

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%
Views
22
Current Estimated Value
$727,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$97,307
Avg. Annual Appreciation
-17.74%
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 Type Sale Price Title Company
Warranty Deed $825,000 None Listed On Document
Warranty Deed $735,000 None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Metropolitan Title Company
Deed $195,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $782,250 New Conventional
Closed $783,750 New Conventional
Previous Owner $548,250 New Conventional
Previous Owner $125,000 Credit Line Revolving
Previous Owner $310,500 New Conventional
Previous Owner $307,000 New Conventional
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

    544 Total Sales

    Section Image
  • Gregory Morad

    Buyer's Agent in 2024

    Gregory Morad

    GEM Realty & Development

    (734) 812-0088

    3 in this area

    135 Total Sales

    Section Image
  • John Scott

    Seller's Agent in 2021

    John Scott

    RE/MAX

    (248) 310-1946

    3 in this area

    24 Total Sales

    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2210033210

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 and is currently priced at $750,000, approximately $346 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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