Sold
5460 MILL RACE Way, Commerce Twp, MI 48382
Sold on 05/30/2024 for$515,000
MLS # 20240021149 (Realcomp)
4 beds4 baths3,584 sqftBuilt 20000.44 acres
1 / 27
Listing Description
Original owner with a remarkable home with so much to offer from solar panels saving you 50% on your energy bill, easy access to various highways from M5, I96, I696, M59 along with a variety of upgrades all within 2020, new windows by Anderson with transferable warranty for 20+ years (2022), along with new furnace (2023). Cozy and clean home with fresh coat of paint, open floor plan with kitchen leading into family room, finished basement with a dry/wet sauna and so much more. Add your final touches and don't stress the big-ticket items as this house is like new and is turnkey ready for any family to call home.
Source: SparkMLS
About this home
Located in Commerce Township in Commerce Twp, this property offers 4-bedroom, 4-bath, 3,584 sq ft, with original construction dating to 2000.
Closed at $515,000 (about $144/sq ft).
Annual property taxes run approximately $6,448 ($537/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Broadband is available with download speeds up to 2,000 Mbps from 8 providers. Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Tour
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms4
Bathrooms4
Living Area3,584 sqft
Lot Size0.44 acres
Year Built2000
Stories2
Location
CityCommerce Twp
MunicipalityCommerce Twp
Zip Code48382
CountyOakland
School DistrictWalled Lake
Construction & Systems
ConstructionBrick
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
InteriorBasement Finished
Sale & Financing
Listed4/4/2024
Sold Date5/29/2024
Terms AcceptedCash, Conventional, FHA, Rural Development
HOA
HOA Fee$215 / Annually
Source: SparkMLS
Tax Information
Annual Tax$4,036
State Equalized Value$234,290
Taxable Value$234,290
Parcel #1703435011
Source: Public Records
Legal Description
T2N, R8E, SEC 3 OAKLAND COUNTY CONDOMINIUM PLAN NO 753 RIVER CLUB-EAST CONDOMINIUM UNIT 71 L 12443 P 508 7-21-98 FR 480-006
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Frank Hermiz
Community Choice Realty Associates, LLC
Frequently Asked Questions about 5460 MILL RACE Way, Commerce Twp, MI 48382
What school district is 5460 MILL RACE Way, Commerce Twp, MI 48382 in?
Per MLS# 20240021149, this property is served by Walled Lake. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 5460 MILL RACE Way, Commerce Twp, MI 48382?
Per MLS# 20240021149, the seller has indicated this property accepts the following financing types: Cash, Conventional, FHA, Rural Development. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20240021149, the most recent reported annual property tax for 5460 MILL RACE Way, Commerce Twp, MI 48382 is $4,036. 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.
Is 5460 MILL RACE Way, Commerce Twp, MI 48382 eligible for USDA financing?
Per USDA Rural Development boundary data, 5460 MILL RACE Way, 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.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 5460 MILL RACE Way, Commerce Twp, MI 48382 is in flood zone X (minimal risk). 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.
Is fiber internet available at 5460 MILL RACE Way, Commerce Twp, MI 48382?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 5460 MILL RACE Way, Commerce Twp, MI 48382. The maximum advertised download speed is 2.0 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
Who are the utility providers for this property?
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.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Oakland County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
Map
Tax Estimate
$
Annual tax$6,448
Monthly$537
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$3,960
Principal & interest$3,405
Property taxes$537
HOA$18
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 SatelliteSatelliteDSL
8 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
5460 MILL RACE Way, Commerce Twp, MI 48382
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Municipality
Commerce Township
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County
Oakland County
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