NOT LISTED FOR SALE

8596 Cooley Lake Rd Commerce Township, MI 48382

Estimated Value: $536,362 - $632,000

3 Beds
2.5 Baths
2,880 Sq Ft
$205/Sq Ft Est. Value

Highlights

  • 85 Feet of Waterfront
  • Spa
  • Deck
  • Clifford H. Smart Middle School Rated A-
  • Colonial Architecture
  • Ground Level Unit

About This Home

As of June 2020

Commerce twp lakefront home with 85ft of frontage on All Sports Cooley Lake! Updated Master suite w/ WIC custom MB w/ marble floors, Euro shower, double vanity and large garden tub. Fully Updated Kitchen w/ Granite tops, hardwood flooring thru out Living room, Great Room, family room and upper level. Custom Oak Built-ins, Natural Stone Fireplace, Wet bar and High Ceilings in the Great Room. 2 Custom Oak Staircases. Great Views of Cooley lake from the Master Bedroom, Great Room, Living Room and Dining Room. Private fenced in lakefront of the home hosts a custom cedar bar, In-ground fire pit, 2 elevated decks and a ground level deck with a built in Hot tub. Extensive stone work thru out. SS Appliances w/ dbl oven. Back yard is wonderful to entertain or simply relax and enjoy the wonderful lake views. Price reflects the fact that the home needs windows and a new roof.

Last Agent to Rent the Property

Heath Little

Lakeside Realty of Michigan Inc License #6501326570 Listed on: 06/24/2020

Last Renter's Agent

Bruce Green

Keller Williams Advantage License #RCO-6501381000

Keller Williams Advantage

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920 | Remodeled in 1999

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 106x85x85x95
  • 85 Feet of Waterfront
  • Lake Front
  • Fenced

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,880 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bar Fridge
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Water Views
  • Crawl Space

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Spa
  • Seawall
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Shed

Location

  • Ground Level Unit

Utilities

  • Forced Air 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

  • 12 Month Lease Term
  • Assessor Parcel Number 1701128002

Community Details

Overview

  • Pete Rabaut / Russell Beach Homeowners Association
  • Russell Beach Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Year Built

Built in 1920 | Remodeled in 1999

Lot Details

0

HOA Fees

$10 per month

Rental Info

  • Lease Type: Single Family House
  • Security Deposit: 100.00

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1920
  • Year Renovated: 1999
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Water Softener (owned), Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Gas, Natural
  • Fireplace Locations: Family Room, Great Room
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Kitchen Appliances: Bar Fridge, Dishwasher, Disposal, Microwave
  • Total Sq Ft: 2880

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Cooley Lake
  • Waterfront: Yes
  • Foundation Details: Crawl
  • Construction Materials: Vinyl
  • Construction Features: Platted Sub.
  • Exterior Features: Fenced, Lighting, Spa/Hot-tub
  • Foundation Materials: Block
  • Porch Type: Balcony, Deck, Porch - Covered
  • Road Frontage Type: Paved
  • Water Frontage Feet: 85.00
  • Waterfront Description: Lake Front

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Water at Street, Well (Existing)
  • Laundry Facilities: No

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds
  • Association Fee Frequency: Annually
  • Phone: prabaut@sbcglobal.net
  • Association Fee: 125
  • Association Contact: Pete Rabaut / Russell Beach Homeowners Association
  • Association Fee: Yes

Lot Info

  • List Price per Acre: 14210.5263
  • Lot Features: Water View
  • Lot Size Area: 0.19
  • Lot Dimensions: 106x85x85x95
  • Parcel Number: 1701128002

Multi Family

  • Length of Lease: 12 Months
  • Waterfront Features: All Sports Lake, Sea Wall

MLS Schools

  • School District: Walled Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2021
Sold by
Gammerath Michael F and Gammerath Catrina
Bought by
Ismail Ghazwan
Current Estimated Value
$586,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,000
Outstanding Balance
$276,559
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$312,532

Purchase Details

Closed on
Sep 12, 2007
Sold by
Vinch Daniel A
Bought by
Gammerath Michael F and Gammerath Catrina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,500
Interest Rate
6.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 1995
Sold by
Edwards Patricia E
Bought by
Cary Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,250
Interest Rate
7.78%
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
Ismail Ghazwan $390,000 None Listed On Document
Ismail Ghazwan $390,000 None Listed On Document
Gammerath Michael F $365,000 None Available
Cary Michael A $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ismail Ghazwan $309,000
Closed Ismail Ghazwan $309,000
Previous Owner Gammerath Michael F $359,500
Previous Owner Cary Michael A $166,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2020 06/24/20 For Rent $27,000 +900.0% --
06/21/2020 06/21/20 Rented $2,700 -6.9% --
06/15/2017 06/15/17 Rented $2,900 -3.3% --
06/07/2017 06/07/17 Under Contract -- -- --
05/30/2017 05/30/17 For Rent $3,000 -- --
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 $10,818 $244,700 $0 $0
2024 $7,804 $232,750 $0 $0
2023 $7,393 $217,280 $0 $0
2022 $9,466 $195,590 $0 $0
2021 $5,445 $205,990 $0 $0
2020 $4,018 $204,720 $0 $0
2019 $5,833 $194,500 $0 $0
2018 $5,618 $162,460 $0 $0
2017 $4,047 $162,460 $0 $0
2016 $3,403 $163,170 $0 $0
2015 -- $149,820 $0 $0
2014 -- $124,560 $0 $0
2011 -- $99,670 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200047431

Realcomp

APN: 17-01-128-002