$499,000 - $539,000
RENTED AUG 11, 2025

5245 Riverwalk Trail Commerce Township, MI 48382

4 Beds
2.5 Baths
2,359 Sq Ft
$221 Price per Sq Ft

Highlights

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

About This Home

As of August 2025

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!!

Last Agent to Rent the Property

Terry Asmar

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

Last Renter's Agent

Terry Asmar

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

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,080

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
  • Fireplace
  • 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

  • Security Deposit $4,500
  • 24 Month Lease Term
  • Negotiable Lease Term
  • Application Fee: 50.00
  • 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

Est. Annual Taxes

$5,080

Year Built

Built in 1998

Lot Details

0

HOA Fees

$18 per month

Rental Info

  • Application Fee: 50.00
  • Lease Type: Single Family House
  • Security Deposit: 4500.00

Listing Details

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

Interior Features

  • Room Count: 12
  • 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

Fee Information

  • Additional Fee: 300.00

Schools

  • School District: Walled Lake

Lot Info

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

Multi Family

  • Length of Lease: Negotiable, 13-24 Months, 25-36 Months
  • Waterfront Features: All Sports Lake

MLS Schools

  • School District: Walled Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2002
Sold by
Merwell
Bought by
Fachou Faris
Current Estimated Value
$521,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.63%

Purchase Details

Closed on
Jul 12, 1996
Sold by
E R Thomas Dev Co
Bought by
J C Development

Purchase Details

Closed on
Jul 2, 1996
Sold by
River Club East Dev Inc
Bought by
Thomas Barnett Tr

Purchase Details

Closed on
Aug 17, 1994
Sold by
Irving Lichtman Trust
Bought by
Thomas Barnett Trust

Purchase Details

Closed on
Aug 11, 1994
Sold by
River Club East Dev Inc
Bought by
Thomas Barnett Trust
Source: Public Records

Range of Values:

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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
Fachou Faris $150,000 --
Merwell -- --
J C Development $95,000 --
Thomas Barnett Tr -- --
Thomas Barnett Trust $23,500 --
Thomas Barnett Trust $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Merwell $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2025 08/11/25 Rented $3,000 0.0% --
08/05/2025 08/05/25 Under Contract -- -- --
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

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 $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

Agents Affiliated with this Home

  • Terry Asmar

    Landlord's Agent in 2025

    Terry Asmar

    My Realty LLC

    (248) 419-3999

    75 Total Sales

    Terry Asmar
    Section Image
  • Joseph Manuel

    Seller's Agent in 2017

    Joseph Manuel

    My Realty LLC

    (734) 793-3001

    2 in this area

    55 Total Sales

    Joseph Manuel
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20251020858

Realcomp

APN: 17-03-451-017

Michigan Oakland County Commerce Township 48382

5245 Riverwalk Trail, Commerce Township, MI

This home is located at 5245 Riverwalk Trail, Commerce Township, MI 48382 since 28 July 2025 and is currently priced at $521,676. This property was built in 1998. 5245 Riverwalk Trail is a home located in Oakland County with nearby schools including Commerce Elementary School, Clifford H. Smart Middle School, and Walled Lake Northern High School.

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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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