Sold
2547 S COMMERCE Road, Wolverine Lake, MI 48390
Sold on 04/26/2024 for$600,000
MLS # 20230061932 (Realcomp)
4 beds3 baths2,846 sqftBuilt 19470.71 acres
1 / 72
Listing Description
IF YOU ARE LOOKING FOR A GORGEOUS, UPDATED LAKEFRONT HOME ON A HUGE LOT, LOOK NO FURTHER!!! IMAGINE COMING HOME TO STUNNING LAKE VIEWS AND BEAUTIFUL SUNSETS EVERY DAY!!! The owners have taken meticulous care of this home and have made many updates including a Marygrove retractable awning, granite countertops, glass tile backsplash, and stainless steel GE appliances in kitchen, new LVT on second level, new carpet, solid core doors, stair railing & bathroom renovation. Home has a newer roof, A/C, garage door/opener, boat dock, sprinkler system, and much more!
Source: SparkMLS
About this home
This 4-bedroom, 3-bath, 2,846 sq ft home built in 1947 sits in Wolverine Lake Village in Wolverine Lake.
Final sale price: $600,000 (about $211/sq ft).
Property tax estimate: $9,201 per year ($767/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
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Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms4
Bathrooms3
Living Area2,846 sqft
Lot Size0.71 acres
Year Built1947
Stories2
Location
CityWolverine Lake
MunicipalityWolverine Lake Vlg
Zip Code48390
CountyOakland
School DistrictWalled Lake
Construction & Systems
ConstructionBrick, Stucco, Wood Siding
BasementPartial
Garage2.5 spaces
HeatingForced Air
WaterWell
SewerSeptic Tank
InteriorBasement Partially Finished, Water Softener/Owned
Sale & Financing
Listed7/25/2023
Sold Date4/25/2024
Original Price$699,900
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$9,201
State Equalized Value$355,940
Taxable Value$355,940
Parcel #1723302039
Source: Public Records
Legal Description
T2N, R8E, SEC 23 PART OF SW 1/4 BEG AT PT DIST S 88-51-50 E 717.70 FT & S 46-40-50 E 519.90 FT & S 01-33-00 W 650.78 FT FROM W 1/4 COR, TH S 87-32-28 E 210.02 FT, TH S 01-33-00 W 95 FT, TH N 88-54-00 W 251.40 FT, TH S 73-40-00 W 200.70 FT, TH N 56-40-55 E 283.26 FT TO BEG 0.71 A 5-12-89 FR 033
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Debra Katz
Five Star Real Estate-Commerce
Frequently Asked Questions about 2547 S COMMERCE Road, Wolverine Lake, MI 48390
Which school district serves 2547 S COMMERCE Road, Wolverine Lake, MI 48390?
Per MLS# 20230061932, 2547 S COMMERCE Road, Wolverine Lake, 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.
Can I use FHA or VA financing for this property?
Per MLS# 20230061932, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 2547 S COMMERCE Road, Wolverine Lake, MI 48390?
Per public tax records, annual property taxes for this property are $9,201. 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, 2547 S COMMERCE Road, Wolverine Lake, 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 2547 S COMMERCE Road, Wolverine Lake, 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 2547 S COMMERCE Road, Wolverine Lake, MI 48390?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Sewer: Septic Tank. Water: Well. 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.
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Monthly payment$4,209
Principal & interest$4,209
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
2547 S COMMERCE Road, Wolverine Lake, MI 48390
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Municipality
Wolverine Lake Village
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County
Oakland County
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