Sold
197 Shore Brook Lane, Commerce Twp, MI 48390
Sold on 07/24/2023 for$280,000
MLS # 20230047974 (Realcomp)
2 beds3 baths2,398 sqftBuilt 19970 acres
1 / 20
Listing Description
Take a walk in the park! Or a bike ride to the lake for dinner! Amazing location for the conveniences of shopping, going to the gym, catching a movie, jumping on M-5 to get to the freeways in just a few minutes. Bring your great updating ideas with you to make this awesome diamond in the rough your own. Desirable end-unit condo with soaring ceilings, 2-story entry, open staircase to finished lower-level w/ full bath, separate mudroom/laundry room w/ utility tub and pantry conveniently located just off the 2-car attached garage. All appliances and Buyer Home Warranty included. Showings by appointment only. BATVAI.
Source: SparkMLS
About this home
Located in Oakbrook Village in Commerce Twp, this property offers 2-bedroom, 3-bath, 2,398 sq ft, with original construction dating to 1997.
Closed at $280,000 (about $117/sq ft).
Annual property taxes run approximately $4,397 ($366/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms2
Bathrooms3
Living Area2,398 sqft
Year Built1997
Stories1
Location
CityCommerce Twp
MunicipalityCommerce Twp
Zip Code48390
CountyOakland
School DistrictWalled Lake
Construction & Systems
ConstructionBrick, Vinyl Siding
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
InteriorBasement Finished, Other
Sale & Financing
Listed6/14/2023
Sold Date7/23/2023
Terms AcceptedCash, Conventional, FHA
HOA
HOA Fee$290 / Monthly
IncludesLawn/Yard Care, Snow Removal
Source: SparkMLS
Tax Information
Annual Tax$2,333
State Equalized Value$159,770
Taxable Value$154,900
Parcel #1736352014
Source: Public Records
Legal Description
T2N, R8E, SEC 36 OAKLAND COUNTY CONDOMINIUM PLAN NO 1055 OAKBROOK RIDGE UNIT 14 L 17351 P 496 8-4-97 FR 300-009
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAPrice & Status History
Jul 24, 2023
Sale recorded
$280,000
Jun 15, 2023
Listed for sale
$290,000
Listed by Rhonda C Copas
Real Estate One-Commerce
Frequently Asked Questions about 197 Shore Brook Lane, Commerce Twp, MI 48390
Which school district serves 197 Shore Brook Lane, Commerce Twp, MI 48390?
Per MLS# 20230047974, 197 Shore Brook Lane, Commerce Twp, MI 48390 is in the Walled Lake boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Walled Lake directly to confirm enrollment eligibility.
What type of financing is accepted for this listing?
Per MLS# 20230047974, this listing accepts Cash, Conventional, FHA financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 197 Shore Brook Lane, Commerce Twp, MI 48390?
Per public tax records, annual property taxes for this property are $2,333. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 197 Shore Brook Lane, Commerce Twp, MI 48390 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 197 Shore Brook Lane, Commerce Twp, MI 48390 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 197 Shore Brook Lane, Commerce Twp, MI 48390?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Oakland County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
Map
Tax Estimate
$
Annual tax$4,397
Monthly$366
Millage rate27.5203 mills
Municipality: CHARTER TOWNSHIP OF COMMERCE
School district: HURON VALLEY SCHOOLS
County: Oakland
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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Monthly payment$2,537
Principal & interest$1,881
Property taxes$366
HOA$290
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
197 Shore Brook Lane, Commerce Twp, MI 48390
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Neighborhood
Oakbrook Village
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Community
Walled Lake
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County
Oakland County
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