Sold
5597 Leafwood Drive, Commerce Twp, MI 48382
Sold on 04/28/2026 for$452,000
MLS # 20261011277 (Realcomp)
3 beds3 baths2,836 sqftBuilt 19680.65 acres
1 / 31
Listing Description
Enjoy spacious living and lake life in this beautifully updated 3-bedroom, 2.5-bath home offering 2,236 sq ft of thoughtfully designed space — complete with lake access to Lake Sherwood and the opportunity to purchase a nearby boat slip. Step inside to a fresh, neutral aesthetic with new paint and new flooring throughout. Every detail has been refreshed, including all new fixtures, outlets, switches, and receptacles in 2025 — giving the home a modern, move-in ready feel. The kitchen is both stylish and functional, featuring granite countertops, stainless steel appliances, and abundant cabinet space. Large windows fill the home with natural light, creating bright, welcoming spaces perfect for everyday living and entertaining. The living room offers a cozy fireplace and generous gathering space, while the large bedrooms provide comfort and flexibility for family, guests, or a home office .All bathrooms have been beautifully remodeled, including a full bath with a tiled walk-in shower. The basement was just finished in 2025, offering additional living space ideal for a recreation room, media area, or fitness space — finished with the same attention to detail found throughout the home. A three-season sunroom extends your living space and offers the perfect spot to relax and unwind. Step outside to the patio and large backyard, providing plenty of room for outdoor entertaining, gardening, or simply enjoying the peaceful setting. With extensive updates, generous living space, and coveted lake access, this home offers the perfect blend of comfort, style, and lifestyle.
Source: SparkMLS
About this home
3-bedroom, 3-bath, 2,836 sq ft home in Commerce Township in Commerce Twp built in 1968.
Closed at $452,000 (about $159/sq ft).
Estimated annual property tax: $4,132, or about $344 monthly. 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 SubtypeSingle Family Residence
Bedrooms3
Bathrooms3
Living Area2,836 sqft
Lot Size0.65 acres
Year Built1968
Stories2
Location
CityCommerce Twp
MunicipalityCommerce Twp
Zip Code48382
CountyOakland
School DistrictHuron Valley
Construction & Systems
ConstructionBrick
Garage2 spaces
HeatingForced Air
WaterWell
SewerSeptic Tank
InteriorBasement Finished
Sale & Financing
Listed2/25/2026
Sold Date4/27/2026
Terms AcceptedCash, Conventional, FHA, VA Loan
HOA
HOA Fee$500 / Annually
Source: SparkMLS
Tax Information
Annual Tax$3,754
State Equalized Value$150,130
Taxable Value$107,670
Parcel #1706451001
Source: Public Records
Legal Description
T2N, R8E, SEC 6 LAKE SHERWOOD SUB NO 10 LOT 192
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Jackie Ream
Wentworth Real Estate Group
Frequently Asked Questions about 5597 Leafwood Drive, Commerce Twp, MI 48382
What school district is 5597 Leafwood Drive, Commerce Twp, MI 48382 in?
Per MLS# 20261011277, this property is served by Huron Valley. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 20261011277, the seller has indicated this property accepts the following financing types: Cash, Conventional, FHA, VA Loan. 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# 20261011277, the most recent reported annual property tax for 5597 Leafwood Drive, Commerce Twp, MI 48382 is $3,754. 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 5597 Leafwood Drive, Commerce Twp, MI 48382 eligible for USDA financing?
Per USDA Rural Development boundary data, 5597 Leafwood 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.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 5597 Leafwood Drive, 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.
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: Septic Tank. Water: Well. 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$4,132
Monthly$344
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$3,467
Principal & interest$3,081
Property taxes$344
HOA$42
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
5597 Leafwood Drive, Commerce Twp, MI 48382
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Municipality
Commerce Township
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County
Oakland County
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