Sold
4976 LEDGEWOOD Drive, Commerce Twp, MI 48382
Sold on 07/24/2025 for$750,000
MLS # 20250034323 (Realcomp)
4 beds4 baths4,632 sqftBuilt 19740.31 acres
1 / 42
Listing Description
GREAT NEW PRICE ON THIS LAKE SHERWOOD LAKEFRONT! DISCOVER ONE OF THE LARGER LAKEFRONT RANCH STYLE HOMES IN THIS SOUGHT AFTER COMMUNITY. This quality brick home boasts over 4600 square feet of living space and offers a spacious finished walk-out basement, a 3 car garage, and 92 feet of private lake frontage. Enjoy the expansive lake views from most every room. Step inside and you’ll notice the open floor plan with vaulted ceilings throughout most of the main floor. The lakeside kitchen was recently renovated and features quartz counters, classic wood flooring, a full wall of windows, and maple cabinets. A generous 9 x 4 pantry and newer appliances make it as functional as it is beautiful. You can relax and enjoy your morning coffee in the cozy breakfast nook that sits next to the two-way brick fireplace. Your guests will appreciate the 21 x 18 great room that features a volume ceiling, small wet bar, and large brick fireplace. You’ll have plenty of space to relax in the 20 x 13 lakeside primary bedroom with walk-in closet. Hosting large gatherings will be a breeze in this large living room and the lakeside dining room which leads to the sturdy deck. The wide open finished basement has so much to offer. You’ll find a second fireplace, another lakeside bedroom and a full bath. Guest parking will not be an issue with the sweeping circular driveway that welcomes them. Many owners prefer this quiet type lake setting. The main lake for your all sports activities in just a short boat ride away. This preferred level lakeside lot allows for large gathers and a nice swimming area for everyone to enjoy. Newer quality windows, newer roof shingles and a one year HWA home warranty will provide peace of mind while you make this home your own. Home warranty is included. All is is deemed to be correct but not warranted.
Source: SparkMLS
About this home
4-bedroom, 4-bath, 4,632 sq ft home in Commerce Township in Commerce Twp built in 1974.
Final sale price: $750,000 (about $162/sq ft).
Annual property taxes run approximately $8,496 ($708/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. Broadband is available with download speeds up to 2,000 Mbps from 7 providers.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms4
Bathrooms4
Living Area4,632 sqft
Lot Size0.31 acres
Year Built1974
Stories1
Location
CityCommerce Twp
MunicipalityCommerce Twp
Zip Code48382
CountyOakland
School DistrictHuron Valley
Construction & Systems
ConstructionBrick, Wood Siding
BasementWalk-Out Access
Garage3 spaces
HeatingForced Air
WaterWell
SewerSeptic Tank
InteriorBasement Finished, Home Warranty, Humidifier, Water Softener/Owned
Sale & Financing
Listed5/28/2025
Sold Date7/23/2025
Original Price$895,000
Terms AcceptedCash, Conventional
HOA
HOA Fee$500 / Annually
Source: SparkMLS
Tax Information
Annual Tax$7,726
State Equalized Value$308,720
Taxable Value$239,610
Parcel #1708152002
Source: Public Records
Legal Description
T2N, R8E, SEC 8 LAKE SHERWOOD SUB NO 13 LOT 255
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Jim Mandeville
Real Estate One-Milford
Frequently Asked Questions about 4976 LEDGEWOOD Drive, Commerce Twp, MI 48382
Which school district serves 4976 LEDGEWOOD Drive, Commerce Twp, MI 48382?
Per MLS# 20250034323, 4976 LEDGEWOOD Drive, Commerce Twp, MI 48382 is in the Huron Valley boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Huron Valley directly to confirm enrollment eligibility.
What type of financing is accepted for this listing?
Per MLS# 20250034323, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 4976 LEDGEWOOD Drive, Commerce Twp, MI 48382?
Per public tax records, annual property taxes for this property are $7,726. 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, 4976 LEDGEWOOD Drive, Commerce Twp, MI 48382 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 4976 LEDGEWOOD Drive, Commerce Twp, MI 48382 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 internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 4976 LEDGEWOOD Drive, Commerce Twp, MI 48382. The maximum advertised download speed is 2.0 Gbps. 7 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 4976 LEDGEWOOD Drive, Commerce Twp, MI 48382?
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.
Map
Tax Estimate
$
Annual tax$8,496
Monthly$708
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$6,101
Principal & interest$5,351
Property taxes$708
HOA$42
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
2 Gbps
Upload
250 Mbps
CableLicensed Fixed WirelessGSO SatelliteSatellite
7 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
4976 LEDGEWOOD Drive, Commerce Twp, MI 48382
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Municipality
Commerce Township
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County
Oakland County
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