$539,900

5245 Riverwalk Trail Commerce Township, MI 48382

Estimated payment $3,423/month

Total Views 1,605
4 Beds
2.5 Baths
2,359 Sq Ft
$229 Price per Sq Ft

Highlights

  • Very Popular Property
  • 70 Feet of Waterfront
  • Ground Level Unit
  • Commerce Elementary School Rated A
  • Colonial Architecture
  • 2 Car Attached Garage

About This Home

Ready for Showings and a tenant!! Immediate occupancy . Meticulously beautiful Colonial in award-winning Walled Lake Schools. No expense spared to keep this home in tip-top shape. Gorgeous Waterfront with Huron River frontage! This spacious 4 Bedroom Colonial leads to Fox Lake. 2 Story Foyer, Hardwood floors throughout, and Finished Basement. Living room and Dining room have bay windows, Family room has fireplace. Beautiful Oak kitchen with Granite counters, and amazing view of the lake. Truly a Must See!!

Listing Agent

Terry Asmar

My Realty LLC License #6501408856 Listed on: 07/28/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 70x180
  • 70 Feet of Waterfront
  • River Front
  • Home fronts a canal

HOA Fees

  • $18 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2,359 Sq Ft Home
  • 1.5-Story Property
  • Finished Basement
  • Sump Pump

Kitchen

  • Free-Standing Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 1703451017

Community Details

Overview

  • River Club East Condo Occpn 753 Association
  • River Club East Condo Occpn 753 Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

0

HOA Fees

$18 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 1 1/2 Story
  • Year Built: 1998
  • State Equalized Value: 206390.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 13
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Free-Standing Electric Oven, Free-Standing Refrigerator, Microwave, Washer
  • Sq Ft Combined: 3546
  • Sq Ft Lower Floor: 1187
  • Total Sq Ft: 2359
  • Sq Ft Total Bsmt: 1187

Exterior Features

  • Waterfront Name: Fox Lake
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Foundation Materials: Poured
  • Frontage Feet: 70
  • Road Frontage Type: Paved
  • Water Frontage Feet: 70.00
  • Waterfront Description: Canal Front, River Front

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Well (Existing)

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Phone: riverclubeast@yahoo.com
  • Association Fee: 215
  • Association Contact: RIVER CLUB-EAST CONDO OCCPN 753
  • Association Fee: Yes

Schools

  • School District: Walled Lake

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.31
  • Lot Dimensions: 70x180
  • Parcel Number: 1703451017

Tax Info

  • Tax Amount Summer: 508020.0000
  • Tax Amount Winter: 136982.0000
  • Total Tax: 645002.0000
  • Taxable Value: 140360.0000

Multi Family

  • Waterfront Features: All Sports Lake

MLS Schools

  • School District: Walled Lake

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $5,080 $206,390 $0 $0
2023 $4,812 $194,620 $0 $0
2022 $6,392 $164,680 $0 $0
2021 $6,059 $162,360 $0 $0
2020 $4,437 $165,160 $0 $0
2019 $5,899 $158,080 $0 $0
2018 $3,963 $144,100 $0 $0
2017 $3,906 $144,100 $0 $0
2016 $3,890 $142,090 $0 $0
2015 -- $135,420 $0 $0
2014 -- $125,540 $0 $0
2011 -- $112,290 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2025 07/28/25 For Sale $539,900 0.0% $229 / Sq Ft
07/28/2025 07/28/25 For Rent $3,000 +7.1% --
06/15/2017 06/15/17 Rented $2,800 0.0% --
06/13/2017 06/13/17 Under Contract -- -- --
06/05/2017 06/05/17 For Rent $2,800 -- --
Source: Realcomp

Purchase History

Date Type Sale Price Title Company
Deed $150,000 --
Deed -- --
Deed $95,000 --
Deed -- --
Deed $23,500 --
Deed $90,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $242,400 Credit Line Revolving
Closed $200,000 Credit Line Revolving
Closed $100,000 New Conventional
Previous Owner $130,000 No Value Available
Source: Public Records

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Source: Realcomp

MLS Number: 20251021527

Realcomp

APN: 17-03-451-017