NOT LISTED FOR SALE

525 Wolverine Dr Wolverine Lake, MI 48390

Estimated Value: $310,000 - $351,000

3 Beds
1.5 Baths
1,615 Sq Ft
$201/Sq Ft Est. Value

Last Sold September 26, 2023

Last sale price $299,000 $185 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,159/month

12 Days on Market

Highlights

  • Boat Facilities
  • Beach Access
  • Porch
  • Loon Lake Elementary School Rated A-
  • Deck
  • 2 Car Attached Garage

About This Home

As of September 2023

Beautiful, totally remodeled 3 bdrm. split level right across from Wolverine Lake includes private beach & boat launch access, modern/open floor plan, lovely refinished hardwood floors, remod. kitchen w/granite, new backsplash, new sink & garbage disp. (incls. stainless stove, dishwasher & brand NEW fridge), updated sliding door to deck & yard (playscape stays), large patio, new HWH, new central air 2022, primary suite w/half bath & walk-in closet, brand new dimensional roof & gutters 2023, updated vinyl windows, new interior paint, gorgeous remod. full bath & much more. Walk-up from lower level to insulated att. garage w/smart exhaust system & door opener. Association fee $70/year provides access to beach & boat launch. Sellers spent $20K to hook up to sewer system.

Last Agent to Sell the Property

Cheryl Parisi

Berkshire Hathaway HomeServices Kee Realty License #6501354749 Listed on: 08/11/2023

Berkshire Hathaway HomeServices Kee Realty

Co-Listed By

Flo Abke

Berkshire Hathaway HomeServices Kee Realty SCS License #6504178685

Last Buyer's Agent

Anthony Misplon

Wentworth Real Estate Group License #6501447565

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1967 | Remodeled in 2023

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 128x97x105x123
  • Sprinkler System

HOA Fees

  • $6 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • 1,615 Sq Ft Home
  • Split Level Home
  • Bi-Level Home
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Kitchen

  • Free-Standing Gas Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Partially Finished Basement

  • Walk-Up Access
  • Sump Pump

Outdoor Features

  • Beach Access
  • Boat Facilities
  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Dryer
  • Mid level unit with steps

Listing and Financial Details

  • Assessor Parcel Number 1727404002

Community Details

Overview

  • Nantucket Homeowners Association
  • Penny Lake Woods Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,893

Year Built

Built in 1967 | Remodeled in 2023

Lot Details

0

HOA Fees

$6 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Split Level
  • Architecture Level: Bi-Level
  • Year Built: 1967
  • State Equalized Value: 116010.0000
  • Year Renovated: 2023
  • Foundation Features: Sump Pump
  • Entry Location: Mid Level w/Steps
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Circuit Breakers
  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished, Walk-Up Access
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Free-Standing Gas Oven, Free-Standing Refrigerator, Microwave
  • Sq Ft Combined: 2615
  • Sq Ft Lower Floor: 1000
  • Total Sq Ft: 1615
  • Sq Ft Total Bsmt: 1615

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Foundation Materials: Poured
  • Frontage Feet: 128
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved
  • Sideof Street: W
  • Waterfront Description: Beach Access

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 Heater Fuel: Natural Gas
  • Water Source: Community

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Phone: www.nantuckethomeownersassociation.com
  • Association Fee: 70
  • Association Contact: Nantucket Homeowners Association
  • Association Fee: Yes

Schools

  • School District: Walled Lake

Lot Info

  • Homestead: Yes
  • Lot Features: Sprinkler(s)
  • Lot Size Area: 0.31
  • Lot Dimensions: 128X97X105X123
  • Parcel Number: 1727404002

Tax Info

  • Tax Amount Summer: 2329.0000
  • Tax Amount Winter: 564.0000
  • Total Tax: 2893.0000
  • Taxable Value: 74000.0000

Multi Family

  • Waterfront Features: All Sports Lake, Boat Facilities

MLS Schools

  • School District: Walled Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2023
Closed on
Sep 27, 2023
Sold by
Holt Danny and Holt Lorrayne
Bought by
Bowles Ronald and Bowles Victoria
Seller's Agent
Cheryl Parisi
Berkshire Hathaway HomeServices Kee Realty
Buyer's Agent
Anthony Misplon
Wentworth Real Estate Group
List Price
$324,900
Sold Price
$299,000
Premium/Discount to List
-$25,900
-7.97%
Views
114
Current Estimated Value
$324,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,167
Avg. Annual Appreciation
4.78%
Original Mortgage
$284,050
Outstanding Balance
$279,719
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$44,448

Purchase Details

Closed on
Nov 13, 2013
Sold by
A & L Elias Property Llc
Bought by
Holt Danny and Holt Lorrayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 3, 2004
Sold by
Elias Ayad and Elias Lahib
Bought by
A & I Elias Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
5.88%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 10, 2002
Sold by
Dojcsak Pal
Bought by
Elias Ayad

Purchase Details

Closed on
Jan 7, 2002
Sold by
Doucsak Pal
Bought by
Elias Ayad

Purchase Details

Closed on
Oct 23, 1998
Sold by
Green Allen R
Bought by
Green Allen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,650
Interest Rate
7.02%
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
Bowles Ronald $299,000 Premier Title
Holt Danny $105,000 First American Title
Holt Danny -- Capital Title Ins Agency
A & I Elias Property Llc -- --
Elias Ayad -- --
Elias Ayad -- --
Green Allen R $152,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowles Ronald $284,050
Previous Owner Holt Danny $115,000
Previous Owner Holt Danny $110,000
Previous Owner Elias Ayad $127,500
Previous Owner Green Allen R $114,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2023 09/26/23 Sold $299,000 -8.0% $185 / Sq Ft
08/23/2023 08/23/23 Pending -- -- --
08/11/2023 08/11/23 For Sale $324,900 -- $201 / 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 $4,179 $137,030 $0 $0
2023 $2,442 $124,850 $0 $0
2022 $2,893 $116,010 $0 $0
2021 $2,834 $107,720 $0 $0
2020 $2,340 $99,530 $0 $0
2019 $1,862 $95,200 $0 $0
2018 $2,684 $86,930 $0 $0
2017 $2,646 $86,930 $0 $0
2016 $2,614 $82,340 $0 $0
2015 -- $78,270 $0 $0
2014 -- $64,530 $0 $0
2011 -- $56,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230057670

Realcomp

APN: 17-27-404-002