2997 Woodlawn St · Wolverine Lake, MI 48390

$205,000

3 bd · 1.0 ba · 864 sqft · SingleFamily public records · 14 Days on market

Built 1971 5,227 sqft lot Est $222k · 8% under

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +12.7/30.0
• ARV discount +11.0/15.0
• Schools +5.0/10.0
• DSCR +3.8/10.0
• Livability +3.7/5.0
• 1% rule +3.5/10.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to beautiful commerce township, and this quaint, corner lot ranch. This move in ready home is perfect for summer getaways and can be used as a rental for passive income. An optional association fee gains you access to an all sports lake. the large, open concept basement is perfect for party's, or for storing lots of stuff. the appliances are all included in the sale and the furniture is negotiable if needed. don't miss your chance to own a home in this gorgeous city.

Key facts

• 5,227 sq ft lot
• Built 1971
• Listed 14 days

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $205k.

Deal economics

• At list price, monthly cash flow is $-22 ($-261/yr) — negative.
• To cash-flow at today's rent, offer at most $201k (1.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $174k (15.0% below list).
• Recommended offer: $174k (15.0% below list) — sets the bar for 1% rule.
• Cap rate 6.2% vs local median 3.7% in Wolverine Lake — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 73/100 on livability (#204 in MI) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, cost of living A+; Watch: schools D, amenities F, commute F.
• Walled Lake Consolidated Schools (suburban): math 52% / reading 60% proficiency, ranked #58 of 540 in MI (top 11%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 20% free/reduced lunch — higher-income household profile.
• Market conditions: Rents rising (+1.0%/yr); 158 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 2,614 units permitted in Oakland County in 2024 (721 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Oakland County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• Only 14 days on market — expect competitive offers; lowballing is unlikely to land.
• 10 sale attempts since 6y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Recommended offer $174,223 (15.0% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Built in 1971 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.85% ✗
• Cap rate: 6.17%
• Cash-on-cash: -0.45%
• DSCR: 0.98
• GRM: 9.8

CMA / ARV

• ARV (on-the-fly): $222,048
• Comps found: 10

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3025 Brisbane St	0.05mi	3/1.0	864 (0%)	23mo	$190,000	$220	79
3106 Woodlawn St	0.13mi	3/1.0	864 (0%)	18mo	$212,000	$245	78
3015 Roselawn St	0.10mi	3/1.0	864 (0%)	22mo	$225,000	$260	77
3010 Fisher Ave	0.08mi	2/1.0 (-1)	848 (-2%)	15mo	$228,000	$269	76
3015 Brisbane St	0.05mi	3/1.0	900 (+4%)	21mo	$231,000	$257	74
2901 Woodlawn St	0.10mi	3/1.0	960 (+11%)	13mo	$247,000	$257	66
2976 Brisbane St	0.03mi	3/1.0	981 (+14%)	14mo	$221,000	$225	64
3140 Woodlawn St	0.16mi	2/1.0 (-1)	768 (-11%)	6mo	$217,500	$283	64
1003 Vollmers St	0.53mi	2/1.0 (-1)	843 (-2%)	5mo	$225,000	$267	62
2975 Brisbane St	0.06mi	2/1.0 (-1)	756 (-12%)	19mo	$172,500	$228	55

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 1.04% rent growth · sell at horizon

5-year hold

• IRR: -19.2%
• Equity multiple: 0.34×
• Total profit: $-37,957
• Equity at exit: $30,566

10-year hold

• IRR: -16.5%
• Equity multiple: 0.16×
• Total profit: $-48,068
• Equity at exit: $17,725

Cash invested: $57,400 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 62 Landlord-Friendly
• State Michigan: 62 Landlord-Friendly · EVEN
• County: — inherits STATE
• City: — inherits STATE

7-day pay-or-quit; mixed climate; Detroit/AA have some protections.

Methodology + full state rankings →

ZIP-level market 48390

• Rents YoY: 1.0%
• Active inventory: 158
• Price-to-rent: 9.8×

Monthly cashflow live

• Estimated rent: $1,742 medium
• Mortgage (P&I): −$1,075
• Tax from tax record: −$238 /mo · $2,851/yr
• Insurance: −$85
• HOA: −$0
• Vacancy / Maint / Mgmt: −$366
• Net cashflow: $-22

Break-even live

Break-even rent $1,770

Max offer price $201,165

Occupancy floor 96%

Sensitivity live

Price	-10% $94	-5% $36	+0% $-22	+5% $-80	+10% $-138
Rent	-10% $-159	-5% $-91	+0% $-22	+5% $47	+10% $116
Rate	-1.0pp $82	-0.5pp $30	base $-22	+0.5pp $-75	+1.0pp $-129

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $51,250
• Closing costs: $6,150
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3191 Fisher Ave Commerce Township, MI	2.0	1.0	725	$1,450	$2.00	25d	1	0.24mi
2177 Decker Rd Walled Lake, MI	2.0	1.0	900	$1,200	$1.33	44d	1	1.46mi
2175 Decker Rd Walled Lake, MI	2.0	1.0	875	$1,200	$1.37	25d	1	1.48mi
2161 Decker Rd Unit 24 Walled Lake, MI	2.0	1.0	950	$1,200	$1.26	44d	1	1.48mi

Listing history 36 events

1. 2024-12-17
   status Pending
2. 2023-07-21
   status Pending 479-char remark

   Show marketing remark (479 chars)

   Welcome to beautiful commerce township, and this quaint, corner lot ranch. This move in ready home is perfect for summer getaways and can be used as a rental for passive income. An optional association fee gains you access to an all sports lake. the large, open concept basement is perfect for party's, or for storing lots of stuff. the appliances are all included in the sale and the furniture is negotiable if needed. don't miss your chance to own a home in this gorgeous city.

3. 2023-07-21
   status Pending

   Show marketing remark (479 chars)

   Welcome to beautiful commerce township, and this quaint, corner lot ranch. This move in ready home is perfect for summer getaways and can be used as a rental for passive income. An optional association fee gains you access to an all sports lake. the large, open concept basement is perfect for party's, or for storing lots of stuff. the appliances are all included in the sale and the furniture is negotiable if needed. don't miss your chance to own a home in this gorgeous city.

4. 2023-07-13
   historical Accepting Backup Offers 479-char remark

   Show marketing remark (479 chars)

   Welcome to beautiful commerce township, and this quaint, corner lot ranch. This move in ready home is perfect for summer getaways and can be used as a rental for passive income. An optional association fee gains you access to an all sports lake. the large, open concept basement is perfect for party's, or for storing lots of stuff. the appliances are all included in the sale and the furniture is negotiable if needed. don't miss your chance to own a home in this gorgeous city.

5. 2023-07-13
   historical Accepting Backup Offers

   Show marketing remark (479 chars)

   Welcome to beautiful commerce township, and this quaint, corner lot ranch. This move in ready home is perfect for summer getaways and can be used as a rental for passive income. An optional association fee gains you access to an all sports lake. the large, open concept basement is perfect for party's, or for storing lots of stuff. the appliances are all included in the sale and the furniture is negotiable if needed. don't miss your chance to own a home in this gorgeous city.

6. 2023-07-07
   listed $205,000 Active

   Show marketing remark (479 chars)

   Welcome to beautiful commerce township, and this quaint, corner lot ranch. This move in ready home is perfect for summer getaways and can be used as a rental for passive income. An optional association fee gains you access to an all sports lake. the large, open concept basement is perfect for party's, or for storing lots of stuff. the appliances are all included in the sale and the furniture is negotiable if needed. don't miss your chance to own a home in this gorgeous city.

7. 2023-07-07
   listed $205,000 Active 479-char remark

   Show marketing remark (479 chars)

   Welcome to beautiful commerce township, and this quaint, corner lot ranch. This move in ready home is perfect for summer getaways and can be used as a rental for passive income. An optional association fee gains you access to an all sports lake. the large, open concept basement is perfect for party's, or for storing lots of stuff. the appliances are all included in the sale and the furniture is negotiable if needed. don't miss your chance to own a home in this gorgeous city.

8. 2022-02-02
   soldstatus $180,000
9. 2022-01-12
   soldstatus $180,000 Sold 726-char remark

   Show marketing remark (726 chars)

   Hard to find move in ready home in this price range. Freshly renovated ranch on a full basement with lake privileges available (2 blocks away. .. .. small optional association fee to private beach on all sports South Commerce Lake)). Kitchen features new white shaker style cabinets, granite counters and undermount stainless steel sink. Remodeled bath features new vanity & floor with porcelain tile shower. New flooring throughout with new carpet in bedrooms. New paint and fixtures throughout. New wall air unit in living room. Doorwall to large deck off dining area. Clean, open unfinished basement with 100amp electric. New windows, newer dimensional shingled roof and large shed in yard. Professionally landscaped.

10. 2022-01-12
    soldstatus $180,000 Closed

    Show marketing remark (726 chars)

    Hard to find move in ready home in this price range. Freshly renovated ranch on a full basement with lake privileges available (2 blocks away. .. .. small optional association fee to private beach on all sports South Commerce Lake)). Kitchen features new white shaker style cabinets, granite counters and undermount stainless steel sink. Remodeled bath features new vanity & floor with porcelain tile shower. New flooring throughout with new carpet in bedrooms. New paint and fixtures throughout. New wall air unit in living room. Doorwall to large deck off dining area. Clean, open unfinished basement with 100amp electric. New windows, newer dimensional shingled roof and large shed in yard. Professionally landscaped.

11. 2021-12-02
    status Pending

    Show marketing remark (726 chars)

    Hard to find move in ready home in this price range. Freshly renovated ranch on a full basement with lake privileges available (2 blocks away. .. .. small optional association fee to private beach on all sports South Commerce Lake)). Kitchen features new white shaker style cabinets, granite counters and undermount stainless steel sink. Remodeled bath features new vanity & floor with porcelain tile shower. New flooring throughout with new carpet in bedrooms. New paint and fixtures throughout. New wall air unit in living room. Doorwall to large deck off dining area. Clean, open unfinished basement with 100amp electric. New windows, newer dimensional shingled roof and large shed in yard. Professionally landscaped.

12. 2021-12-02
    status Pending 726-char remark

    Show marketing remark (726 chars)

    Hard to find move in ready home in this price range. Freshly renovated ranch on a full basement with lake privileges available (2 blocks away. .. .. small optional association fee to private beach on all sports South Commerce Lake)). Kitchen features new white shaker style cabinets, granite counters and undermount stainless steel sink. Remodeled bath features new vanity & floor with porcelain tile shower. New flooring throughout with new carpet in bedrooms. New paint and fixtures throughout. New wall air unit in living room. Doorwall to large deck off dining area. Clean, open unfinished basement with 100amp electric. New windows, newer dimensional shingled roof and large shed in yard. Professionally landscaped.

13. 2021-10-29
    price $187,999

    Show marketing remark (726 chars)

    Hard to find move in ready home in this price range. Freshly renovated ranch on a full basement with lake privileges available (2 blocks away. .. .. small optional association fee to private beach on all sports South Commerce Lake)). Kitchen features new white shaker style cabinets, granite counters and undermount stainless steel sink. Remodeled bath features new vanity & floor with porcelain tile shower. New flooring throughout with new carpet in bedrooms. New paint and fixtures throughout. New wall air unit in living room. Doorwall to large deck off dining area. Clean, open unfinished basement with 100amp electric. New windows, newer dimensional shingled roof and large shed in yard. Professionally landscaped.

14. 2021-10-29
    price $187,999 726-char remark

    Show marketing remark (726 chars)

    Hard to find move in ready home in this price range. Freshly renovated ranch on a full basement with lake privileges available (2 blocks away. .. .. small optional association fee to private beach on all sports South Commerce Lake)). Kitchen features new white shaker style cabinets, granite counters and undermount stainless steel sink. Remodeled bath features new vanity & floor with porcelain tile shower. New flooring throughout with new carpet in bedrooms. New paint and fixtures throughout. New wall air unit in living room. Doorwall to large deck off dining area. Clean, open unfinished basement with 100amp electric. New windows, newer dimensional shingled roof and large shed in yard. Professionally landscaped.

15. 2021-10-22
    status Active

    Show marketing remark (726 chars)

    Hard to find move in ready home in this price range. Freshly renovated ranch on a full basement with lake privileges available (2 blocks away. .. .. small optional association fee to private beach on all sports South Commerce Lake)). Kitchen features new white shaker style cabinets, granite counters and undermount stainless steel sink. Remodeled bath features new vanity & floor with porcelain tile shower. New flooring throughout with new carpet in bedrooms. New paint and fixtures throughout. New wall air unit in living room. Doorwall to large deck off dining area. Clean, open unfinished basement with 100amp electric. New windows, newer dimensional shingled roof and large shed in yard. Professionally landscaped.

16. 2021-10-22
    status Active 726-char remark

    Show marketing remark (726 chars)

    Hard to find move in ready home in this price range. Freshly renovated ranch on a full basement with lake privileges available (2 blocks away. .. .. small optional association fee to private beach on all sports South Commerce Lake)). Kitchen features new white shaker style cabinets, granite counters and undermount stainless steel sink. Remodeled bath features new vanity & floor with porcelain tile shower. New flooring throughout with new carpet in bedrooms. New paint and fixtures throughout. New wall air unit in living room. Doorwall to large deck off dining area. Clean, open unfinished basement with 100amp electric. New windows, newer dimensional shingled roof and large shed in yard. Professionally landscaped.

17. 2021-10-21
    historical 726-char remark

    Show marketing remark (726 chars)

    Hard to find move in ready home in this price range. Freshly renovated ranch on a full basement with lake privileges available (2 blocks away. .. .. small optional association fee to private beach on all sports South Commerce Lake)). Kitchen features new white shaker style cabinets, granite counters and undermount stainless steel sink. Remodeled bath features new vanity & floor with porcelain tile shower. New flooring throughout with new carpet in bedrooms. New paint and fixtures throughout. New wall air unit in living room. Doorwall to large deck off dining area. Clean, open unfinished basement with 100amp electric. New windows, newer dimensional shingled roof and large shed in yard. Professionally landscaped.

18. 2021-10-21
    historical

    Show marketing remark (726 chars)

    Hard to find move in ready home in this price range. Freshly renovated ranch on a full basement with lake privileges available (2 blocks away. .. .. small optional association fee to private beach on all sports South Commerce Lake)). Kitchen features new white shaker style cabinets, granite counters and undermount stainless steel sink. Remodeled bath features new vanity & floor with porcelain tile shower. New flooring throughout with new carpet in bedrooms. New paint and fixtures throughout. New wall air unit in living room. Doorwall to large deck off dining area. Clean, open unfinished basement with 100amp electric. New windows, newer dimensional shingled roof and large shed in yard. Professionally landscaped.

19. 2021-10-11
    price $189,999

    Show marketing remark (726 chars)

    Hard to find move in ready home in this price range. Freshly renovated ranch on a full basement with lake privileges available (2 blocks away. .. .. small optional association fee to private beach on all sports South Commerce Lake)). Kitchen features new white shaker style cabinets, granite counters and undermount stainless steel sink. Remodeled bath features new vanity & floor with porcelain tile shower. New flooring throughout with new carpet in bedrooms. New paint and fixtures throughout. New wall air unit in living room. Doorwall to large deck off dining area. Clean, open unfinished basement with 100amp electric. New windows, newer dimensional shingled roof and large shed in yard. Professionally landscaped.

20. 2021-10-11
    price $189,999 726-char remark

    Show marketing remark (726 chars)

    Hard to find move in ready home in this price range. Freshly renovated ranch on a full basement with lake privileges available (2 blocks away. .. .. small optional association fee to private beach on all sports South Commerce Lake)). Kitchen features new white shaker style cabinets, granite counters and undermount stainless steel sink. Remodeled bath features new vanity & floor with porcelain tile shower. New flooring throughout with new carpet in bedrooms. New paint and fixtures throughout. New wall air unit in living room. Doorwall to large deck off dining area. Clean, open unfinished basement with 100amp electric. New windows, newer dimensional shingled roof and large shed in yard. Professionally landscaped.

21. 2021-10-02
    price $192,900
22. 2021-10-01
    price $192,900 726-char remark

    Show marketing remark (726 chars)

    Hard to find move in ready home in this price range. Freshly renovated ranch on a full basement with lake privileges available (2 blocks away. .. .. small optional association fee to private beach on all sports South Commerce Lake)). Kitchen features new white shaker style cabinets, granite counters and undermount stainless steel sink. Remodeled bath features new vanity & floor with porcelain tile shower. New flooring throughout with new carpet in bedrooms. New paint and fixtures throughout. New wall air unit in living room. Doorwall to large deck off dining area. Clean, open unfinished basement with 100amp electric. New windows, newer dimensional shingled roof and large shed in yard. Professionally landscaped.

23. 2021-09-21
    price $194,900

    Show marketing remark (726 chars)

    Hard to find move in ready home in this price range. Freshly renovated ranch on a full basement with lake privileges available (2 blocks away. .. .. small optional association fee to private beach on all sports South Commerce Lake)). Kitchen features new white shaker style cabinets, granite counters and undermount stainless steel sink. Remodeled bath features new vanity & floor with porcelain tile shower. New flooring throughout with new carpet in bedrooms. New paint and fixtures throughout. New wall air unit in living room. Doorwall to large deck off dining area. Clean, open unfinished basement with 100amp electric. New windows, newer dimensional shingled roof and large shed in yard. Professionally landscaped.

24. 2021-09-21
    price $194,900 726-char remark

    Show marketing remark (726 chars)

    Hard to find move in ready home in this price range. Freshly renovated ranch on a full basement with lake privileges available (2 blocks away. .. .. small optional association fee to private beach on all sports South Commerce Lake)). Kitchen features new white shaker style cabinets, granite counters and undermount stainless steel sink. Remodeled bath features new vanity & floor with porcelain tile shower. New flooring throughout with new carpet in bedrooms. New paint and fixtures throughout. New wall air unit in living room. Doorwall to large deck off dining area. Clean, open unfinished basement with 100amp electric. New windows, newer dimensional shingled roof and large shed in yard. Professionally landscaped.

25. 2021-09-09
    listed $199,900 Active 726-char remark

    Show marketing remark (726 chars)

    Hard to find move in ready home in this price range. Freshly renovated ranch on a full basement with lake privileges available (2 blocks away. .. .. small optional association fee to private beach on all sports South Commerce Lake)). Kitchen features new white shaker style cabinets, granite counters and undermount stainless steel sink. Remodeled bath features new vanity & floor with porcelain tile shower. New flooring throughout with new carpet in bedrooms. New paint and fixtures throughout. New wall air unit in living room. Doorwall to large deck off dining area. Clean, open unfinished basement with 100amp electric. New windows, newer dimensional shingled roof and large shed in yard. Professionally landscaped.

26. 2021-09-09
    listed $199,900 Active

    Show marketing remark (726 chars)

    Hard to find move in ready home in this price range. Freshly renovated ranch on a full basement with lake privileges available (2 blocks away. .. .. small optional association fee to private beach on all sports South Commerce Lake)). Kitchen features new white shaker style cabinets, granite counters and undermount stainless steel sink. Remodeled bath features new vanity & floor with porcelain tile shower. New flooring throughout with new carpet in bedrooms. New paint and fixtures throughout. New wall air unit in living room. Doorwall to large deck off dining area. Clean, open unfinished basement with 100amp electric. New windows, newer dimensional shingled roof and large shed in yard. Professionally landscaped.

27. 2020-12-18
    soldstatus $171,600
28. 2020-12-04
    soldstatus $171,600 Sold
29. 2020-10-16
    status Pending
30. 2020-10-16
    status Pending
31. 2020-10-12
    historical
32. 2020-10-12
    historical
33. 2020-10-11
    listed $169,900 Active
34. 2020-10-11
    listed $169,900 Active
35. 2020-10-08
    listed $169,900 Active
36. 2020-10-08
    listed $169,900 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MI · Partial reset (capped growth)

• Current annual tax: $2,851 · $238/mo
• Projected year-2 tax: $3,004 · $250/mo
• Expected delta: +$153/yr (+$13/mo · 5.4%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 2/10 Low 7 d/yr ≥96°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,907
• − Mortgage interest: −$11,483
• − Property taxes: −$2,851
• − Insurance: −$1,025
• − Repairs & maintenance: −$1,673
• − Management: −$1,673
• − Depreciation: −$5,964
• Taxable loss: −$3,762
• Est. tax savings @ 24.0%: +$903
• After-tax cash flow: $642/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Walled Lake Consolidated Schools
• NCES district ID: 2635160
• Math proficiency: 52% ▼ -4.00%
• Reading proficiency: 60% ▼ -1.00%
• Median HH income: $69,184
• Composite: 49.57/100
• National rank: #1987
• State rank: #58 of 540 in MI

Livability — Wolverine Lake

• Score: 73/100
• State rank: #204
• US rank: #5186

Category grades

Amenities F Commute F Cost of living A+ Crime A+ Employment A+ Housing A+ Health & safety F User ratings B

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Oakland County · 1,009,092 people
• Metro: Detroit-Warren-Dearborn, MI
• Population (ZIP): 23,939
• Household income: $91,381
• Rent vs Own: 25.3% rent · 74.7% own
• Severe rent burden: 514.0

Population outlook (Oakland County) Hauer SSP2

• Today (2025): 1,335,747 people
• By 2030: 1,375,100 · +2.9%
• By 2040: 1,435,385 · +7.5%
• By 2050: 1,469,250 · +10.0%
• By 2075: 1,531,946 · +14.7%
• By 2100: 1,450,485 · +8.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (83%)
• Race & ethnicity: White 83% Asian 7% Two or more races 4% Hispanic / Latino 4% Black 3%
• Common ancestry: Romanian 12% Lithuanian 4% Slovak 3%
• Foreign-born: 16% · Canada, Vietnam, Dominican Republic
• Languages at home: 82% English-only · Other Indo-European 3% Other Asian/Pacific 3% Russian/Polish/Slavic 3%

Political lean MEDSL · Oakland

• 2024 margin: D (+10.6) · D 54.4% · R 43.8% · Other 1.9%
• 2008→2024 swing: -3.9pp toward R · 2008: 14.5pp · 2024: 10.6pp
• All cycles: 2024: D+10.6 2020: D+14.1 2016: D+8.1 2012: D+8.1 2008: D+14.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -344.88%
• Current HPI: 180.9641
• Rent YoY: ▲ 1.04%
• Metro: Detroit-Warren-Dearborn, MI
• State GDP YoY: ▲ 1.37%
• F500 in state: 28

Industry mix (Fortune 500 HQ in MI)

Industry	F500 HQs	Revenue
▸Automotive Parts	3	$48B
▸Automotive	2	$372B
▸Chemicals	1	$45B
▸Automotive Retail	1	$29B
▸Healthcare / Medical Devices	1	$23B
▸Automotive Technology	1	$20B

Price history

+20.7% since first listed

36 events — show timeline

• 2024-12-17 Pending — REALCOMP
• 2023-07-21 Pending — MiRealSource-MiMLS
• 2023-07-21 Pending — REALCOMP
• 2023-07-13 Contingent — MiRealSource-MiMLS
• 2023-07-13 Contingent — REALCOMP
• 2023-07-07 Listed $205,000 MiRealSource-MiMLS
• 2023-07-07 Listed $205,000 REALCOMP
• 2022-02-02 Sold (Public Records) $180,000 Public Records
• 2022-01-12 Sold (MLS) $180,000 MiRealSource-MiMLS
• 2022-01-12 Sold (MLS) $180,000 REALCOMP
• 2021-12-02 Pending — MiRealSource-MiMLS
• 2021-12-02 Pending — REALCOMP
• 2021-10-29 Price Changed $187,999 MiRealSource-MiMLS
• 2021-10-29 Price Changed $187,999 REALCOMP
• 2021-10-22 Relisted — MiRealSource-MiMLS
• 2021-10-22 Relisted — REALCOMP
• 2021-10-21 Listing Removed — REALCOMP
• 2021-10-21 Listing Removed — MiRealSource-MiMLS
• 2021-10-11 Price Changed $189,999 MiRealSource-MiMLS
• 2021-10-11 Price Changed $189,999 REALCOMP
• 2021-10-02 Price Changed $192,900 MiRealSource-MiMLS
• 2021-10-01 Price Changed $192,900 REALCOMP
• 2021-09-21 Price Changed $194,900 MiRealSource-MiMLS
• 2021-09-21 Price Changed $194,900 REALCOMP
• 2021-09-09 Listed $199,900 MiRealSource-MiMLS
• 2021-09-09 Listed $199,900 REALCOMP
• 2020-12-18 Sold (Public Records) $171,600 Public Records
• 2020-12-04 Sold (MLS) $171,600 REALCOMP
• 2020-10-16 Pending — MiRealSource-MiMLS
• 2020-10-16 Pending — REALCOMP
• 2020-10-12 Listing Removed — MiRealSource-MiMLS
• 2020-10-12 Listing Removed — REALCOMP
• 2020-10-11 Listed $169,900 MiRealSource-MiMLS
• 2020-10-11 Listed $169,900 REALCOMP
• 2020-10-08 Listed $169,900 MiRealSource-MiMLS
• 2020-10-08 Listed $169,900 REALCOMP

Property tax history

+3.4%/yr

Latest (2025): $2,851 · +3.9% YoY. Source: county tax records.