NOT LISTED FOR SALE

2547 S Commerce Rd Wolverine Lake, MI 48390

Estimated Value: $599,000 - $712,384

4 Beds
3 Baths
2,546 Sq Ft
$261/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $600,000 $236 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,075/month

247 Days on Market

Highlights

  • 25 Feet of Waterfront
  • Dock Facilities
  • Colonial Architecture
  • Glengary Elementary School Rated A-
  • 0.71 Acre Lot
  • No HOA

About This Home

As of April 2024

IF YOU ARE LOOKING FOR A GORGEOUS, UPDATED LAKEFRONT HOME ON A HUGE LOT, LOOK NO FURTHER!!! IMAGINE COMING HOME TO STUNNING LAKE VIEWS AND BEAUTIFUL SUNSETS EVERY DAY!!! The owners have taken meticulous care of this home and have made many updates including a Marygrove retractable awning, granite countertops, glass tile backsplash, and stainless steel GE appliances in kitchen, new LVT on second level, new carpet, solid core doors, stair railing & bathroom renovation. Home has a newer roof, A/C, garage door/opener, boat dock, sprinkler system, and much more!

Last Agent to Sell the Property

Debra Katz

Five Star Real Estate-Commerce License #6501430267 Listed on: 07/26/2023

Last Buyer's Agent

Jim Mandeville

Real Estate One-Milford License #6501240378

Real Estate One-Milford

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1947 | Remodeled in 2020

Lot Details

  • 0.71 Acre Lot
  • Lot Dimensions are 95x209x283x200x251
  • 25 Feet of Waterfront
  • Lake Front
  • Irregular Lot

Parking

  • 2.5 Car Detached Garage

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 2,546 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Awning
  • Dining Room with Fireplace
  • Partially Finished Basement
  • Fireplace in Basement

Kitchen

  • Self-Cleaning Oven
  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Dock Facilities
  • Covered Patio or Porch

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • ENERGY STAR Qualified Water Heater
  • Natural Gas Water Heater
  • Water Softener is Owned
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 1723302039

Community Details

Recreation

  • Water Sports

Additional Features

  • No Home Owners Association
  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,201

Year Built

Built in 1947 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial, Traditional
  • Architecture Level: 2 Story
  • Assessment: 198.00
  • Year Built: 1947
  • State Equalized Value: 275550.0000
  • Year Renovated: 2020
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • AgentOnly_ListPriceByAcre: 914084.5000
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: High Spd Internet Avail, Programmable Thermostat, Water Softener (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Basement, Dining Room
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Self Cleaning Oven, Stainless Steel Appliance(s), Washer
  • Total Sq Ft: 2546

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Wolverine Lake
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Stucco, Wood
  • Exterior Features: Awning/Overhang(s)
  • Foundation Materials: Block
  • Porch Type: Porch - Covered, Patio, Porch, Patio - Covered
  • Road Frontage Type: Paved
  • Sideof Street: W
  • Water Frontage Feet: 25.00
  • Waterfront Description: Direct Water Frontage, Lake Front

Garage/Parking

  • Garage Size: 2.5 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • Lot Features: Irregular
  • Lot Size Area: 0.71
  • Lot Dimensions: 95x209x283x200x251
  • Parcel Number: 1723302039

Tax Info

  • Tax Amount Summer: 7316.0000
  • Tax Amount Winter: 1885.0000
  • Total Tax: 9201.0000
  • Taxable Value: 247210.0000

Multi Family

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

MLS Schools

  • School District: Walled Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2023
Closed on
Apr 26, 2024
Sold by
Oliveri Anthony and Skikun Elizabeth C
Bought by
Wahlstrom Michael and Nguyen Kimberly
Seller's Agent
Debra Katz
Five Star Real Estate-Commerce
Buyer's Agent
Jim Mandeville
Real Estate One-Milford
List Price
$679,900
Sold Price
$600,000
Premium/Discount to List
-$79,900
-11.75%
Views
231
Current Estimated Value
$664,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,846
Avg. Annual Appreciation
6.08%
Original Mortgage
$450,000
Outstanding Balance
$419,738
Interest Rate
6.21%
Mortgage Type
New Conventional
Estimated Equity
$245,108

Purchase Details

Closed on
Oct 12, 2017
Sold by
Skikun Elizabeth C
Bought by
Skikun Elizabeth C

Purchase Details

Listed on
Feb 22, 2017
Closed on
Mar 29, 2017
Sold by
Deweerdt Kavin R and Deweerdt Jeanne M
Bought by
Oliveri Anthony and Skikun Elizabeth C
Seller's Agent
Jeff Glover
KW Professionals
Buyer's Agent
Mo Thweny
Real Estate One-W Blmfld
List Price
$449,900
Sold Price
$446,500
Premium/Discount to List
-$3,400
-0.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.62%
Original Mortgage
$357,200
Interest Rate
4.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Wahlstrom Michael $600,000 Cislo Title
Wahlstrom Michael $600,000 Cislo Title
Skikun Elizabeth C -- None Available
Oliveri Anthony $450,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wahlstrom Michael $450,000
Closed Wahlstrom Michael $450,000
Previous Owner Oliveri Anthony $357,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/26/2024 04/26/24 Sold $600,000 -7.6% $236 / Sq Ft
03/29/2024 03/29/24 Pending -- -- --
09/10/2023 09/10/23 Price Changed $649,000 -3.1% $255 / Sq Ft
09/06/2023 09/06/23 Price Changed $669,900 -1.5% $263 / Sq Ft
08/01/2023 08/01/23 For Sale $679,900 +13.3% $267 / Sq Ft
07/26/2023 07/26/23 Off Market $600,000 -- --
07/26/2023 07/26/23 For Sale $699,900 +56.8% $275 / Sq Ft
03/29/2017 03/29/17 Sold $446,500 -0.8% $175 / Sq Ft View Prior Sale
02/22/2017 02/22/17 Pending -- -- --
02/22/2017 02/22/17 For Sale $449,900 -- $177 / 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
2025 $7,460 $355,940 $0 $0
2024 $8,112 $322,930 $0 $0
2023 $7,685 $301,420 $0 $0
2022 $9,201 $275,550 $0 $0
2021 $9,013 $267,050 $0 $0
2020 $7,383 $255,460 $0 $0
2019 $6,219 $238,320 $0 $0
2018 $8,555 $206,520 $0 $0
2017 $5,084 $206,520 $0 $0
2016 $5,026 $196,500 $0 $0
2015 -- $185,050 $0 $0
2014 -- $165,790 $0 $0
2011 -- $147,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230061932

Realcomp

APN: 17-23-302-039