Active listing · MLS #20261048678

561 E Walled Lake Drive, Walled Lake

$800,000

Photo 1 of 561 E Walled Lake Drive
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About this home

Lake Front!! (Two Lots) on all sports lake (Walled Lake)! Just like a new home! Your own private dock! Everything is new this year; New Roof, New Siding, New Windows, New Doors, New furnace, New central air, New tankless hot water tank. New Kitchen cabinets with granite counter tops with ceramic backsplash and all New stainless steel appliances (Refrigerator, Electric Stove, Dishwasher, Microwave and hood); First floor laundry with new Washer & Dryer; Tile throughout the first fllor; New Engineered Hardwood floors throughout the 2nd floor. New blinds. New Paint. New light fixtures, 3 bedrooms, ( Four (4) full and One (1/2) bath) remodeled baths with ceramic tile, Large living room; Master suite with walk in closet & private bath. Finished basement (Basement walls are original) with rec-room and full bath; New Driveway. All measurement & data is approximate. Must See !!

The facts

Price$800,000
Original price$900,000
Price cut−$100,000
Beds3
Baths4 full, 1 half
Square feet2,850
TypeSingle family residence
SubdivisionSUPRVRS 1 - WALLED LAKE
CountyOakland
MLS #20261048678
Listed2026-06-27
Days on market120
Year built1923
PossessionAt closing
Stories2 stories
BasementFinished
HeatingForced air, Natural gas
FoundationBasement, Poured
Water / SewerCity water & sewer
WaterfrontWalled Lake
Parcel number173442801
Listing officeInternet Real Estate, Inc

Property taxes: the seller's bill vs. yours

This seller today You, the year after buying
Taxable value$109,310about $400,000
Yearly property tax$6,807about $16,400

Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $9,593 a year more than this seller pays. The assessor's state equalized value (SEV) is $109,310. Your taxable value resets to the SEV the year after you buy, and assessors usually raise it to about half the sale price. Estimate uses Walled Lake's 2025 homestead rate of 41.00 mills and assumes you claim the homestead exemption. See Walled Lake's full tax breakdown or run the uncapping calculator.

Ask Match Realty about this home

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