555 Winwood CT , Walled Lake, MI 48390
Price cut $9,900 since it was listed at $239,900
Est. $2,268/mo with current taxes · · See the breakdown
About this home
Looking for a low maintenance condo with great potential in a quiet peaceful setting? This 2 bedroom, 1.5 bath Contemporary condo sits at the end of a quiet, low traffic cul-de-sac and offers beautiful wooded views from the comfort of your home. Inside, you'll find a open layout. Half bath on the first floor. Living room has gas fireplace with large floor to ceiling windows letting in plenty of natural light and giving great views of the wooded area outside. Dining room also has floor to ceiling windows with a sliding glass door leading out to a wooden deck. Kitchen offers plenty of cabinet and counter space. ALL APPLIANCES INCLUDED!! FIRST FLOOR LAUNDRY!! Upstairs has a loft area leading to 2 large size bedrooms. Primary bedroom has vaulted ceiling, walk in closet, powder room, and private access to second floor bathroom. Unfinished daylight basement gives you extra room to expand, with plumbing already in place for an additional bathroom. Outside the big ticket improvements are already taken care of, condo has a new roof, freshly painted siding, and a new driveway. Located conveniently near Mercer Park, shopping, restaurants, golf courses, and major expressways. Within walking distance of the water. This condo is full of possibilities.
Monthly payment
The tax line is the seller's current bill from the MLS. Michigan uncaps the taxable value the year after a sale, so tap See uncapped taxes for what a buyer will likely pay then.The uncapped tax line is this home's bill after it uncaps: half the price times 41.00 mills, the 2025 homestead rate here. Insurance is a $2,400/yr placeholder and PMI 0.55% of the loan below 20% down. An estimate, not a loan quote.
The facts
| Price | $230,000 |
| Original price | $239,900 |
| Price cut | −$9,900 |
| Beds | 2 |
| Baths | 1 full, 1 half |
| Square feet | 1,570 |
| Type | Condominium |
| Subdivision | WINWOOD PLACE OCCPN 660 |
| County | Oakland |
| MLS # | 20261085537 |
| Listed | 2026-10-22 |
| Days on market | 11 |
| Year built | 1995 |
| Possession | At closing |
| Stories | 2 stories |
| Basement | Daylight, Interior entry, Unfinished |
| Heating | Forced air, Natural gas |
| Foundation | Basement, Poured, Sump pump |
| Garage spaces | 2.0 |
| Water / Sewer | City water & sewer |
| Fireplace | Yes |
| Parcel number | 1734278128 |
| Listing office | National Realty Centers, Inc |
Property taxes: the seller's bill vs. yours
| This seller today | You, the year after buying | |
|---|---|---|
| Taxable value | $63,740 | about $115,000 |
| Yearly property tax | $3,776 | about $4,715 |
Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $939 a year more than this seller pays. The assessor's state equalized value (SEV) is $141,320. 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.
Location
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 2026-11-02T23:11+00:00; refreshed at least twice daily.