1425 Shankin Drive, Wolverine Lake Village
$700,000
About this home
Beautifully remodeled home with a walkout basement and 115 feet of lake frontage on Wolverine Lake. This home was completely updated in 2023 including all refinished flooring and a completely new kitchen featuring solid surface counters, stainless steel appliances, a beautiful backsplash, and new slow close cabinets. Enjoy stunning views of the water from the updated 3-season room, perfect for relaxing or entertaining. The spacious walkout basement is fully finished and includes a full bathroom, kitchenette, ample storage, and a large recreation area. Additional highlights include a 21x12 storage shed for lake gear or tools, a wide driveway with plenty of parking & tiered landscaping with auto-drip watering system. Close to Hiram Sims park, expressways, Novi shopping and restaurants and highly rated Walled Lake Schools. This incredible home is one you don't want to miss.
The facts
| Price | $700,000 |
| Original price | $740,000 |
| Price cut | −$40,000 |
| Beds | 3 |
| Baths | 2 full, 1 half |
| Square feet | 2,863 |
| Type | Single family residence |
| Subdivision | PENNY LAKE WOODS |
| County | Oakland |
| MLS # | 20261077124 |
| Listed | 2026-09-23 |
| Days on market | 32 |
| Year built | 1968 |
| Possession | 31–60 days after closing |
| Stories | 2 stories |
| Basement | Finished, Full, Walkout |
| Heating | Forced air, High-efficiency sealed combustion, Natural gas |
| Foundation | Basement, Poured |
| Garage spaces | 2.0 |
| Water / Sewer | Well / City sewer |
| Waterfront | Wolverine Lake |
| Fireplace | Yes |
| Parcel number | 1727427011 |
| Listing office | Real Estate One-Northville |
Property taxes: the seller's bill vs. yours
| This seller today | You, the year after buying | |
|---|---|---|
| Taxable value | $295,030 | about $350,000 |
| Yearly property tax | $11,072 | about $11,904 |
Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $832 a year more than this seller pays. The assessor's state equalized value (SEV) is $330,080. 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 Wolverine Lake Village's 2025 homestead rate of 34.01 mills and assumes you claim the homestead exemption. See Wolverine Lake Village's full tax breakdown or run the uncapping calculator.
Ask Match Realty about this home
IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-10-25T23:19+00:00; refreshed at least twice daily.