484 W Beechdale St · Wolverine Lake, MI 48382

$360,000

3 bd · 2.0 ba · 1,434 sqft · SingleFamily public records · 7 Days on market

Built 1978 10,019 sqft lot Est $297k · 21% over $2/mo HOA

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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 +19.1/30.0
• DSCR +6.0/10.0
• Schools +5.0/10.0
• 1% rule +4.7/10.0
• Livability +3.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Now is your opportunity to own this meticulously maintained 3-bedroom, 1.5-bath home with lake access to Fox Lake just down the road. The lower-level den offers flexible use as a potential 4th bedroom or a private home office - perfect for today's lifestyle. Move right in and enjoy the many updates throughout! The kitchen and bathroom were fully remodeled in 2019, featuring hickory soft-close cabinetry, granite countertops, hardwood floors, and stainless steel appliances. Major mechanicals - including the furnace, A/C, and water heater - have all been recently replaced for added peace of mind. Additional upgrades include recessed lighting, enhanced attic insulation, a custom closet organizer, and a reverse osmosis drinking water system. Wallside windows come with a transferable lifetime warranty. Need extra storage? The crawlspace has been thoughtfully finished with carpet over concrete and lighting - ideal for storing seasonal décor and belongings. Situated on a spacious corner lot, the fully fenced backyard offers room to relax and entertain with a stamped concrete patio, cozy bonfire area, and an elevated AstroTurf dog run. The home also features an updated 150-amp electrical panel, with and amazing oversized garage - 2 cars wide and double depth to accommodate 4 cars - and prepped for a 60-amp subpanel. There's ample space for vehicles, a boat, and additional storage for bikes, recreational gear, or hobby equipment. Located in a prime area close to schools, shopping, restaurants, and parks - and served by the highly regarded Walled Lake School District - this home truly checks all the boxes!

Key facts

• 0.23 acre lot
• 2 garage spots
• Built 1978

Property features AI

Finance

• HOA & community: Homeowners association with $20 annual fee (includes grounds maintenance)

Exterior

• Parking: Attached garage with direct access; 2-car garage; Driveway; Garage faces front with garage door opener
• Security: Smoke detectors
• Utilities: Private well water; Septic tank; Cable available
• Home design: Single-family residence; Residential property; Ground-level entry with steps
• Construction: Aluminum siding; Wood siding; Asphalt roof; Built above grade with finished living area and additional finished area below grade
• Exterior features: Patio; Porch; Outdoor lighting; Fenced backyard; Beach access and lake privileges on Fox Lake; Corner lot; Paved road

Interior

• Kitchen: Dishwasher; Free-standing gas range; Free-standing refrigerator; Microwave; Stainless steel appliances
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Forced air heating (natural gas); Central air conditioning; Ceiling fans
• Interior features: Entrance foyer; High-speed internet available; Smart thermostat; Finished basement with crawl space
• Laundry & utility: Laundry room; Washer hookup; Gas dryer hookup; Washer and dryer included; Gas water heater; Water softener (owned)

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $360k.

Deal economics

• At list price, monthly cash flow is $385 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $350k (2.8% below list).
• Recommended offer: $350k (2.8% below list) — sets the bar for 1% rule.
• Cap rate 7.6% 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: 173 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 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 $2k of loan paydown is wiped out by about $11k 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 7 days on market — expect competitive offers; lowballing is unlikely to land.
• 11 sale attempts since 26y 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.
• Current owner paid $250k; 44% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Recommended offer $350,000 (2.8% below list)

Questions for the listing agent

1. Built in 1978 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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: 0.97% ✗
• Cap rate: 7.58%
• Cash-on-cash: 4.59%
• DSCR: 1.20
• GRM: 8.6

CMA / ARV

• ARV (on-the-fly): $296,838
• Comps found: 8

Show comp detail 8 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5150 Carroll Lake Rd	0.52mi	3/2.0	1,401 (-2%)	7mo	$340,000	$243	66
5375 Barkley St	0.32mi	3/1.5	1,517 (+6%)	18mo	$313,500	$207	58
6045 Carroll Lake Rd	0.44mi	3/2.0	1,536 (+7%)	12mo	$303,000	$197	58
209 Annison Dr	0.61mi	3/2.0	1,400 (-2%)	12mo	$324,900	$232	57
1417 E Commerce Rd	0.62mi	3/2.0	1,469 (+2%)	14mo	$300,000	$204	55
306 Harpham St	0.54mi	3/1.0	1,560 (+9%)	24mo	$289,000	$185	36
585 Crystalia St	0.49mi	2/2.0 (-1)	1,619 (+13%)	22mo	$323,000	$200	32
6115 Borowy Dr	0.65mi	2/2.0 (-1)	1,300 (-9%)	21mo	$330,000	$254	32

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -9.2%
• Equity multiple: 0.66×
• Total profit: $-33,809
• Equity at exit: $53,677

10-year hold

• IRR: 0.3%
• Equity multiple: 1.02×
• Total profit: $2,104
• Equity at exit: $31,126

Cash invested: $100,800 (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 48382

• Active inventory: 173
• Price-to-rent: 8.6×

Monthly cashflow live

• Estimated rent: $3,500 medium
• Mortgage (P&I): −$1,888
• Tax from tax record: −$340 /mo · $4,078/yr
• Insurance: −$150
• HOA: −$2
• Vacancy / Maint / Mgmt: −$735
• Net cashflow: $385

Break-even live

Break-even rent $3,012

Max offer price $360,000

Occupancy floor 84%

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: $90,000
• Closing costs: $10,800
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
486 Charlevoix St Commerce Township, MI	3.0	2.0	1740	$3,500	$2.01	2d	1	0.22mi

HOA detail

• Monthly dues: $2 · $24/yr
• Likely covers: waterelectric

Listing history 33 events

1. 2026-04-16
   status Pending 1629-char remark

   Show marketing remark (1629 chars)

   Now is your opportunity to own this meticulously maintained 3-bedroom, 1.5-bath home with lake access to Fox Lake just down the road. The lower-level den offers flexible use as a potential 4th bedroom or a private home office - perfect for today's lifestyle. Move right in and enjoy the many updates throughout! The kitchen and bathroom were fully remodeled in 2019, featuring hickory soft-close cabinetry, granite countertops, hardwood floors, and stainless steel appliances. Major mechanicals - including the furnace, A/C, and water heater - have all been recently replaced for added peace of mind. Additional upgrades include recessed lighting, enhanced attic insulation, a custom closet organizer, and a reverse osmosis drinking water system. Wallside windows come with a transferable lifetime warranty. Need extra storage? The crawlspace has been thoughtfully finished with carpet over concrete and lighting - ideal for storing seasonal décor and belongings. Situated on a spacious corner lot, the fully fenced backyard offers room to relax and entertain with a stamped concrete patio, cozy bonfire area, and an elevated AstroTurf dog run. The home also features an updated 150-amp electrical panel, with and amazing oversized garage - 2 cars wide and double depth to accommodate 4 cars - and prepped for a 60-amp subpanel. There's ample space for vehicles, a boat, and additional storage for bikes, recreational gear, or hobby equipment. Located in a prime area close to schools, shopping, restaurants, and parks - and served by the highly regarded Walled Lake School District - this home truly checks all the boxes!

2. 2026-04-16
   status Pending

   Show marketing remark (1629 chars)

   Now is your opportunity to own this meticulously maintained 3-bedroom, 1.5-bath home with lake access to Fox Lake just down the road. The lower-level den offers flexible use as a potential 4th bedroom or a private home office - perfect for today's lifestyle. Move right in and enjoy the many updates throughout! The kitchen and bathroom were fully remodeled in 2019, featuring hickory soft-close cabinetry, granite countertops, hardwood floors, and stainless steel appliances. Major mechanicals - including the furnace, A/C, and water heater - have all been recently replaced for added peace of mind. Additional upgrades include recessed lighting, enhanced attic insulation, a custom closet organizer, and a reverse osmosis drinking water system. Wallside windows come with a transferable lifetime warranty. Need extra storage? The crawlspace has been thoughtfully finished with carpet over concrete and lighting - ideal for storing seasonal décor and belongings. Situated on a spacious corner lot, the fully fenced backyard offers room to relax and entertain with a stamped concrete patio, cozy bonfire area, and an elevated AstroTurf dog run. The home also features an updated 150-amp electrical panel, with and amazing oversized garage - 2 cars wide and double depth to accommodate 4 cars - and prepped for a 60-amp subpanel. There's ample space for vehicles, a boat, and additional storage for bikes, recreational gear, or hobby equipment. Located in a prime area close to schools, shopping, restaurants, and parks - and served by the highly regarded Walled Lake School District - this home truly checks all the boxes!

3. 2026-04-10
   listed $360,000 Active

   Show marketing remark (1629 chars)

   Now is your opportunity to own this meticulously maintained 3-bedroom, 1.5-bath home with lake access to Fox Lake just down the road. The lower-level den offers flexible use as a potential 4th bedroom or a private home office - perfect for today's lifestyle. Move right in and enjoy the many updates throughout! The kitchen and bathroom were fully remodeled in 2019, featuring hickory soft-close cabinetry, granite countertops, hardwood floors, and stainless steel appliances. Major mechanicals - including the furnace, A/C, and water heater - have all been recently replaced for added peace of mind. Additional upgrades include recessed lighting, enhanced attic insulation, a custom closet organizer, and a reverse osmosis drinking water system. Wallside windows come with a transferable lifetime warranty. Need extra storage? The crawlspace has been thoughtfully finished with carpet over concrete and lighting - ideal for storing seasonal décor and belongings. Situated on a spacious corner lot, the fully fenced backyard offers room to relax and entertain with a stamped concrete patio, cozy bonfire area, and an elevated AstroTurf dog run. The home also features an updated 150-amp electrical panel, with and amazing oversized garage - 2 cars wide and double depth to accommodate 4 cars - and prepped for a 60-amp subpanel. There's ample space for vehicles, a boat, and additional storage for bikes, recreational gear, or hobby equipment. Located in a prime area close to schools, shopping, restaurants, and parks - and served by the highly regarded Walled Lake School District - this home truly checks all the boxes!

4. 2026-04-10
   listed $360,000 Active 1629-char remark

   Show marketing remark (1629 chars)

   Now is your opportunity to own this meticulously maintained 3-bedroom, 1.5-bath home with lake access to Fox Lake just down the road. The lower-level den offers flexible use as a potential 4th bedroom or a private home office - perfect for today's lifestyle. Move right in and enjoy the many updates throughout! The kitchen and bathroom were fully remodeled in 2019, featuring hickory soft-close cabinetry, granite countertops, hardwood floors, and stainless steel appliances. Major mechanicals - including the furnace, A/C, and water heater - have all been recently replaced for added peace of mind. Additional upgrades include recessed lighting, enhanced attic insulation, a custom closet organizer, and a reverse osmosis drinking water system. Wallside windows come with a transferable lifetime warranty. Need extra storage? The crawlspace has been thoughtfully finished with carpet over concrete and lighting - ideal for storing seasonal décor and belongings. Situated on a spacious corner lot, the fully fenced backyard offers room to relax and entertain with a stamped concrete patio, cozy bonfire area, and an elevated AstroTurf dog run. The home also features an updated 150-amp electrical panel, with and amazing oversized garage - 2 cars wide and double depth to accommodate 4 cars - and prepped for a 60-amp subpanel. There's ample space for vehicles, a boat, and additional storage for bikes, recreational gear, or hobby equipment. Located in a prime area close to schools, shopping, restaurants, and parks - and served by the highly regarded Walled Lake School District - this home truly checks all the boxes!

5. 2026-04-09
   historical $360,000 1629-char remark

   Show marketing remark (1629 chars)

   Now is your opportunity to own this meticulously maintained 3-bedroom, 1.5-bath home with lake access to Fox Lake just down the road. The lower-level den offers flexible use as a potential 4th bedroom or a private home office - perfect for today's lifestyle. Move right in and enjoy the many updates throughout! The kitchen and bathroom were fully remodeled in 2019, featuring hickory soft-close cabinetry, granite countertops, hardwood floors, and stainless steel appliances. Major mechanicals - including the furnace, A/C, and water heater - have all been recently replaced for added peace of mind. Additional upgrades include recessed lighting, enhanced attic insulation, a custom closet organizer, and a reverse osmosis drinking water system. Wallside windows come with a transferable lifetime warranty. Need extra storage? The crawlspace has been thoughtfully finished with carpet over concrete and lighting - ideal for storing seasonal décor and belongings. Situated on a spacious corner lot, the fully fenced backyard offers room to relax and entertain with a stamped concrete patio, cozy bonfire area, and an elevated AstroTurf dog run. The home also features an updated 150-amp electrical panel, with and amazing oversized garage - 2 cars wide and double depth to accommodate 4 cars - and prepped for a 60-amp subpanel. There's ample space for vehicles, a boat, and additional storage for bikes, recreational gear, or hobby equipment. Located in a prime area close to schools, shopping, restaurants, and parks - and served by the highly regarded Walled Lake School District - this home truly checks all the boxes!

6. 2019-10-30
   soldstatus $250,000
7. 2019-10-24
   soldstatus $250,000 Sold 995-char remark

   Show marketing remark (995 chars)

   Don't miss out on your opportunity to see this completely updated home with an open entry floor plan and access to Fox Lake. Home features 3 bedrooms, with the possibility of using the lower level den as a 4th bedroom, both baths are completely updated with new ceramic tile, vanities, tub/shower in full bath. The kitchen is completely redone with hickory soft close cabinets, granite counter tops, hardwood floors, and stainless steel appliances. More updates include six panel doors, fresh paint throughout, and new trim. The electric panel has been updated to a 150 amp service with the garage ready for a 60 amp sub panel. The garage is over-sized and can accommodate more than 2 cars measuring 35X24. Roof is approximately 10 years old with dimensional shingles, Wallside windows that come with a lifetime guarantee, fenced in yard and corner lot. Access to the neighborhood beach is just down the road. Many neighbors take their kayaks out on Fox Lake. More to tell, but I'm out of space.

8. 2019-10-11
   status Pending

   Show marketing remark (995 chars)

   Don't miss out on your opportunity to see this completely updated home with an open entry floor plan and access to Fox Lake. Home features 3 bedrooms, with the possibility of using the lower level den as a 4th bedroom, both baths are completely updated with new ceramic tile, vanities, tub/shower in full bath. The kitchen is completely redone with hickory soft close cabinets, granite counter tops, hardwood floors, and stainless steel appliances. More updates include six panel doors, fresh paint throughout, and new trim. The electric panel has been updated to a 150 amp service with the garage ready for a 60 amp sub panel. The garage is over-sized and can accommodate more than 2 cars measuring 35X24. Roof is approximately 10 years old with dimensional shingles, Wallside windows that come with a lifetime guarantee, fenced in yard and corner lot. Access to the neighborhood beach is just down the road. Many neighbors take their kayaks out on Fox Lake. More to tell, but I'm out of space.

9. 2019-10-11
   status Pending 995-char remark

   Show marketing remark (995 chars)

   Don't miss out on your opportunity to see this completely updated home with an open entry floor plan and access to Fox Lake. Home features 3 bedrooms, with the possibility of using the lower level den as a 4th bedroom, both baths are completely updated with new ceramic tile, vanities, tub/shower in full bath. The kitchen is completely redone with hickory soft close cabinets, granite counter tops, hardwood floors, and stainless steel appliances. More updates include six panel doors, fresh paint throughout, and new trim. The electric panel has been updated to a 150 amp service with the garage ready for a 60 amp sub panel. The garage is over-sized and can accommodate more than 2 cars measuring 35X24. Roof is approximately 10 years old with dimensional shingles, Wallside windows that come with a lifetime guarantee, fenced in yard and corner lot. Access to the neighborhood beach is just down the road. Many neighbors take their kayaks out on Fox Lake. More to tell, but I'm out of space.

10. 2019-09-26
    historical Keep Showing-Contgcy Appl

    Show marketing remark (995 chars)

    Don't miss out on your opportunity to see this completely updated home with an open entry floor plan and access to Fox Lake. Home features 3 bedrooms, with the possibility of using the lower level den as a 4th bedroom, both baths are completely updated with new ceramic tile, vanities, tub/shower in full bath. The kitchen is completely redone with hickory soft close cabinets, granite counter tops, hardwood floors, and stainless steel appliances. More updates include six panel doors, fresh paint throughout, and new trim. The electric panel has been updated to a 150 amp service with the garage ready for a 60 amp sub panel. The garage is over-sized and can accommodate more than 2 cars measuring 35X24. Roof is approximately 10 years old with dimensional shingles, Wallside windows that come with a lifetime guarantee, fenced in yard and corner lot. Access to the neighborhood beach is just down the road. Many neighbors take their kayaks out on Fox Lake. More to tell, but I'm out of space.

11. 2019-09-26
    historical Contingent - Continue To Show 995-char remark

    Show marketing remark (995 chars)

    Don't miss out on your opportunity to see this completely updated home with an open entry floor plan and access to Fox Lake. Home features 3 bedrooms, with the possibility of using the lower level den as a 4th bedroom, both baths are completely updated with new ceramic tile, vanities, tub/shower in full bath. The kitchen is completely redone with hickory soft close cabinets, granite counter tops, hardwood floors, and stainless steel appliances. More updates include six panel doors, fresh paint throughout, and new trim. The electric panel has been updated to a 150 amp service with the garage ready for a 60 amp sub panel. The garage is over-sized and can accommodate more than 2 cars measuring 35X24. Roof is approximately 10 years old with dimensional shingles, Wallside windows that come with a lifetime guarantee, fenced in yard and corner lot. Access to the neighborhood beach is just down the road. Many neighbors take their kayaks out on Fox Lake. More to tell, but I'm out of space.

12. 2019-09-16
    status Pending

    Show marketing remark (995 chars)

    Don't miss out on your opportunity to see this completely updated home with an open entry floor plan and access to Fox Lake. Home features 3 bedrooms, with the possibility of using the lower level den as a 4th bedroom, both baths are completely updated with new ceramic tile, vanities, tub/shower in full bath. The kitchen is completely redone with hickory soft close cabinets, granite counter tops, hardwood floors, and stainless steel appliances. More updates include six panel doors, fresh paint throughout, and new trim. The electric panel has been updated to a 150 amp service with the garage ready for a 60 amp sub panel. The garage is over-sized and can accommodate more than 2 cars measuring 35X24. Roof is approximately 10 years old with dimensional shingles, Wallside windows that come with a lifetime guarantee, fenced in yard and corner lot. Access to the neighborhood beach is just down the road. Many neighbors take their kayaks out on Fox Lake. More to tell, but I'm out of space.

13. 2019-09-16
    status Pending 995-char remark

    Show marketing remark (995 chars)

    Don't miss out on your opportunity to see this completely updated home with an open entry floor plan and access to Fox Lake. Home features 3 bedrooms, with the possibility of using the lower level den as a 4th bedroom, both baths are completely updated with new ceramic tile, vanities, tub/shower in full bath. The kitchen is completely redone with hickory soft close cabinets, granite counter tops, hardwood floors, and stainless steel appliances. More updates include six panel doors, fresh paint throughout, and new trim. The electric panel has been updated to a 150 amp service with the garage ready for a 60 amp sub panel. The garage is over-sized and can accommodate more than 2 cars measuring 35X24. Roof is approximately 10 years old with dimensional shingles, Wallside windows that come with a lifetime guarantee, fenced in yard and corner lot. Access to the neighborhood beach is just down the road. Many neighbors take their kayaks out on Fox Lake. More to tell, but I'm out of space.

14. 2019-08-27
    listed $250,000 Active 995-char remark

    Show marketing remark (995 chars)

    Don't miss out on your opportunity to see this completely updated home with an open entry floor plan and access to Fox Lake. Home features 3 bedrooms, with the possibility of using the lower level den as a 4th bedroom, both baths are completely updated with new ceramic tile, vanities, tub/shower in full bath. The kitchen is completely redone with hickory soft close cabinets, granite counter tops, hardwood floors, and stainless steel appliances. More updates include six panel doors, fresh paint throughout, and new trim. The electric panel has been updated to a 150 amp service with the garage ready for a 60 amp sub panel. The garage is over-sized and can accommodate more than 2 cars measuring 35X24. Roof is approximately 10 years old with dimensional shingles, Wallside windows that come with a lifetime guarantee, fenced in yard and corner lot. Access to the neighborhood beach is just down the road. Many neighbors take their kayaks out on Fox Lake. More to tell, but I'm out of space.

15. 2019-08-27
    listed $250,000 Active

    Show marketing remark (995 chars)

    Don't miss out on your opportunity to see this completely updated home with an open entry floor plan and access to Fox Lake. Home features 3 bedrooms, with the possibility of using the lower level den as a 4th bedroom, both baths are completely updated with new ceramic tile, vanities, tub/shower in full bath. The kitchen is completely redone with hickory soft close cabinets, granite counter tops, hardwood floors, and stainless steel appliances. More updates include six panel doors, fresh paint throughout, and new trim. The electric panel has been updated to a 150 amp service with the garage ready for a 60 amp sub panel. The garage is over-sized and can accommodate more than 2 cars measuring 35X24. Roof is approximately 10 years old with dimensional shingles, Wallside windows that come with a lifetime guarantee, fenced in yard and corner lot. Access to the neighborhood beach is just down the road. Many neighbors take their kayaks out on Fox Lake. More to tell, but I'm out of space.

16. 2013-06-17
    soldstatus $135,000
17. 2013-06-17
    soldstatus $135,000
18. 2013-05-03
    historical
19. 2013-05-03
    historical
20. 2013-03-07
    listed $139,900
21. 2013-03-07
    listed $139,900
22. 2006-01-12
    soldstatus $162,000
23. 2005-12-16
    soldstatus $162,000
24. 2005-11-11
    listed $169,000
25. 2005-11-11
    historical
26. 2005-10-03
    listed $174,000
27. 2005-10-03
    historical
28. 2005-08-19
    listed $179,000
29. 2005-08-19
    historical
30. 2005-07-09
    listed $189,000
31. 2000-08-24
    soldstatus $157,000
32. 2000-08-01
    soldstatus $157,000
33. 2000-07-05
    listed $159,900

ⓘ 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: $4,078 · $340/mo
• Projected year-2 tax: $4,811 · $401/mo
• Expected delta: +$733/yr (+$61/mo · 18.0%)

ⓘ 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 1/10 Low
• 🌡 Heat 2/10 Low 7 d/yr ≥95°F today · 14 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: $42,000
• − Mortgage interest: −$20,166
• − Property taxes: −$4,078
• − Insurance: −$1,800
• − Repairs & maintenance: −$3,360
• − Management: −$3,360
• − HOA: −$24
• − Depreciation: −$10,473
• Taxable loss: −$1,260
• Est. tax savings @ 24.0%: +$302
• After-tax cash flow: $4,926/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

• Population (ZIP): 23,550

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 (86%)
• Race & ethnicity: White 86% Two or more races 5% Hispanic / Latino 4% Asian 3% Black 3%
• Common ancestry: Romanian 11% Lithuanian 3% Slovak 3%
• Foreign-born: 9% · Canada, China, South Korea
• Languages at home: 90% English-only · Other Indo-European 2% Russian/Polish/Slavic 2% Arabic 1%

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: ▼ -265.18%
• Current HPI: 202.3058
• Rent YoY: —
• Metro: —
• 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

+125.1% since first listed

33 events — show timeline

• 2026-04-16 Pending — MiRealSource-MiMLS
• 2026-04-16 Pending — REALCOMP
• 2026-04-10 Listed $360,000 REALCOMP
• 2026-04-10 Listed $360,000 MiRealSource-MiMLS
• 2026-04-09 Coming Soon $360,000 MiRealSource-MiMLS
• 2019-10-30 Sold (Public Records) $250,000 Public Records
• 2019-10-24 Sold (MLS) $250,000 REALCOMP
• 2019-10-11 Pending — MiRealSource-MiMLS
• 2019-10-11 Pending — REALCOMP
• 2019-09-26 Contingent — MiRealSource-MiMLS
• 2019-09-26 Contingent — REALCOMP
• 2019-09-16 Pending — MiRealSource-MiMLS
• 2019-09-16 Pending — REALCOMP
• 2019-08-27 Listed $250,000 MiRealSource-MiMLS
• 2019-08-27 Listed $250,000 REALCOMP
• 2013-06-17 Sold (MLS) $135,000 MiRealSource-MiMLS
• 2013-06-17 Sold (MLS) $135,000 REALCOMP
• 2013-05-03 Listing Removed — MiRealSource-MiMLS
• 2013-05-03 Listing Removed — REALCOMP
• 2013-03-07 Listed $139,900 MiRealSource-MiMLS
• 2013-03-07 Listed $139,900 REALCOMP
• 2006-01-12 Sold (Public Records) $162,000 Public Records
• 2005-12-16 Sold (MLS) $162,000 REALCOMP
• 2005-11-11 Listing Removed — REALCOMP
• 2005-11-11 Listed $169,000 REALCOMP
• 2005-10-03 Listing Removed — REALCOMP
• 2005-10-03 Listed $174,000 REALCOMP
• 2005-08-19 Listing Removed — REALCOMP
• 2005-08-19 Listed $179,000 REALCOMP
• 2005-07-09 Listed $189,000 REALCOMP
• 2000-08-24 Sold (Public Records) $157,000 Public Records
• 2000-08-01 Sold (MLS) $157,000 REALCOMP
• 2000-07-05 Listed $159,900 REALCOMP

Property tax history

+7.7%/yr

Latest (2025): $4,078 · +3.8% YoY. Source: county tax records.