NOT LISTED FOR SALE

550 Wolverine Dr Wolverine Lake, MI 48390

Estimated Value: $891,000 - $1,016,142

4 Beds
3.5 Baths
3,054 Sq Ft
$317/Sq Ft Est. Value

Last Sold December 20, 2022

Last sale price $870,000 $285 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $6,352/month

71 Days on Market

Highlights

  • 150 Feet of Waterfront
  • Dock Facilities
  • Built-In Freezer
  • Loon Lake Elementary School Rated A-
  • Beach Access
  • Colonial Architecture

About This Home

As of December 2022

SPEND CAPTIVATING SUMMERS ON ALL SPORTS WOLVERINE LK W/150' OF LAKEFRONT ON A LUSH 1/2 ACRE. YOU WILL LOVE ALL THE UPDATES & OPEN FLR PLAN. NEWER ROOF,SIDING,PAINT,FIXTURES,BATHS & MORE. CENTRALLY LOCATED W/SPECTACULAR PANORAMIC VIEWS. NEWER BRIGHT WHT ISLAND KITCHEN W/PREMIUM BUILT IN STAINLESS APPLIANCES, SEATED PENINSULA & HIGH CEILINGS THAT OPEN TO A LAKESIDE GREAT RM/DINING RM W/WALLS OF WINDOWS,CUSTOM BUILT INS,STONE FIREPLACE & GLEAMING HARDWOOD FLRS. WRAP AROUND DECKING & CHARMING GAZEBO VIEW BLUE WATER ON ALL SIDES. UPDATED POWDER RM & MAIN HALL BATH. UPSTAIRS LEADS TO THE MASTER STE OF YOUR DREAMS! SO MUCH SPACE + A COZY FIREPLACE,WATERSIDE BALCONY,BATH W/TUB,SHOWER,DUAL SINKS & HUGE WALK IN CLOSET. 2 NICE SIZE BEDRMS & ANOTHER FULL STE IN THE FINISHED W/O LOWER LEVEL WITH A FAMILY RM OUT TO THE LK. YES,THERE'S MORE! A FULL APARTMENT OVER THE GARAGE THAT ADDS ANOTHER 657'. COMPLETE NEW SEAWALL 2017 & NO NEIGHBOR ON ONE SIDE, ALMOST NEVER USED SUB LOT GREAT FOR EXTRA PARKING!

Last Agent to Sell the Property

Melanie Bishop

KW Domain License #6501217402 Listed on: 09/26/2022

KW Domain

Co-Listed By

Noah Cohen

KW Domain License #6501360490

Last Buyer's Agent

Shelley Pies

EXP Realty License #RCO-6501371557

EXP Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1988 | Remodeled in 2014

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 150x261x30x250
  • 150 Feet of Waterfront
  • Lake Front
  • Irregular Lot
  • Sprinkler System

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,054 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Great Room with Fireplace
  • Water Views
  • Security System Owned

Kitchen

  • Free-Standing Gas Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Built-In Freezer
  • Built-In Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Sump Pump

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Beach Access
  • Dock Facilities
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Gazebo

Location

  • Ground Level

Utilities

  • Humidifier
  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Softener is Owned
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1727255009
  • $1,500 Seller Concession

Community Details

Overview

  • No Home Owners Association
  • Schulte Hoffman Spring Park Sub Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,873

Year Built

Built in 1988 | Remodeled in 2014

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 198.00
  • Year Built: 1988
  • State Equalized Value: 389370.0000
  • Year Renovated: 2014
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Humidifier, Security Alarm (owned), Water Softener (owned)
  • Fireplace: Yes
  • Fireplace Locations: Great Room, Primary Bedroom
  • Room Count: 13
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Built-In Freezer, Built-In Refrigerator, Dishwasher, Disposal, Dryer, Exhaust Fan, Free-Standing Gas Range, Microwave, Range Hood, Stainless Steel Appliance(s), Washer
  • Sq Ft Combined: 4154
  • Sq Ft Lower Floor: 1100
  • Total Sq Ft: 3054
  • Sq Ft Total Bsmt: 1171

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Wolverine Lake
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exterior Features: Lighting, Gazebo
  • Foundation Materials: Poured
  • Frontage Feet: 30
  • Porch Type: Balcony, Porch - Covered, Deck, Patio, Porch, Patio - Covered
  • Road Frontage Type: Paved
  • Water Frontage Feet: 150.00
  • Waterfront Description: Beach Access, Direct Water Frontage, Lake Front, Water Front

Garage/Parking

  • Garage Size: 2.5 Car
  • Garage Features: Electricity, Door Opener, Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Zoned
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Well (Existing)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Walled Lake

Lot Info

  • Homestead: Yes
  • Lot Features: Irregular, Sprinkler(s), Water View
  • Lot Size Area: 0.50
  • Lot Dimensions: 150x261x30x250
  • Parcel Number: 1727255009

Tax Info

  • Tax Amount Summer: 5679.0000
  • Tax Amount Winter: 1194.0000
  • Total Tax: 6873.0000
  • Taxable Value: 190350.0000

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
Sep 26, 2022
Closed on
Dec 20, 2022
Sold by
Berkman Mark E
Bought by
Packer Garrett
Seller's Agent
Melanie Bishop
KW Domain
Buyer's Agent
Shelley Pies
EXP Realty
List Price
$950,000
Sold Price
$870,000
Premium/Discount to List
-$80,000
-8.42%
Views
7
Current Estimated Value
$969,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,286
Avg. Annual Appreciation
4.07%
Original Mortgage
$705,000
Outstanding Balance
$682,800
Interest Rate
6.31%
Estimated Equity
$286,486

Purchase Details

Closed on
May 16, 2005
Sold by
Lipkin Howard D and Pitone Lipkin Kathryn
Bought by
Berkman Mark E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,475
Interest Rate
6.07%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 14, 1995
Sold by
Katzman Steven
Bought by
Lipkin Howard D and Lipkin Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,750
Interest Rate
8.38%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Packer Garrett $870,000 --
Berkman Mark E $612,375 Metropolitan Title Company
Lipkin Howard D $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Packer Garrett $705,000
Closed Packer Garrett $50,000
Previous Owner Berkman Mark E $122,475
Previous Owner Berkman Mark E $489,900
Previous Owner Lipkin Howard D $403,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2022 12/20/22 Sold $870,000 -8.4% $285 / Sq Ft
12/06/2022 12/06/22 Pending -- -- --
09/26/2022 09/26/22 For Sale $950,000 -- $311 / 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 $13,339 $471,630 $0 $0
2023 $12,630 $431,110 $0 $0
2022 $7,131 $389,370 $0 $0
2021 $6,984 $381,710 $0 $0
2020 $5,727 $369,500 $0 $0
2019 $4,789 $349,550 $0 $0
2018 $6,628 $306,450 $0 $0
2017 $6,529 $306,450 $0 $0
2016 $7,997 $286,570 $0 $0
2015 -- $283,800 $0 $0
2014 -- $236,680 $0 $0
2011 -- $155,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Melanie Bishop

    Seller's Agent in 2022

    Melanie Bishop

    KW Domain

    (248) 867-7800

    1 in this area

    403 Total Sales

    Melanie Bishop
    Section Image
  • Noah Cohen

    Seller Co-Listing Agent in 2022

    Noah Cohen

    KW Domain

    (248) 867-4877

    1 in this area

    317 Total Sales

    Noah Cohen
    Section Image
  • Shelley Pies

    Buyer's Agent in 2022

    Shelley Pies

    EXP Realty

    (517) 404-9411

    1 in this area

    59 Total Sales

    Shelley Pies
    Section Image
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Map

Source: Realcomp

MLS Number: 20221045883

Realcomp

APN: 17-27-255-009

Michigan Oakland County Wolverine Lake 48390

550 Wolverine Dr, Wolverine Lake, MI

This home is located at 550 Wolverine Dr, Wolverine Lake, MI 48390 since 26 September 2022 and is currently estimated at $969,286, approximately $317 per square foot. This property was built in 1988. 550 Wolverine Dr is a home located in Oakland County with nearby schools including Loon Lake Elementary School, James R Geisler Middle School, and Walled Lake Central 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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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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