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Sold for $300,000
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  • $300,000

    523 E Walled Lake Dr, Walled Lake, MI 48390

    3beds
    1,500sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $312,100 Zestimate®
    $200/sqft
    $2,511 Estimated rent

    Home value

    $312,100

    $293,000 - $331,000

    $2,511/mo

    Zestimate® history
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    What's special

    Small shed for storageFront patioUpper deckNew sidingDrawer microwaveEngineered wood floors throughout
    Available for rent June 1st! This extensively updated 1,500 square-foot home is located on the northeast side of Walled Lake, with spectacular views of Walled Lake both from the open floor plan main floor and from the upstairs master bedroom. This two-story, 3-bedroom, 2 full bath gem of a house was completely renovated in 2024 and boasts new siding, windows, doors, patio doors, decking, wiring, plumbing, insulation, HVAC, and water heater at that time. The kitchen is equipped with brand new GE Cafe kitchen appliances with a drawer microwave and beverage center on the island. The laundry room/mudroom has a new washer and dryer. Engineered wood floors throughout except for the tiled baths and laundry/mudroom. The front patio and upper deck offer you a serene space for you to enjoy the glistening lake and witness firsthand all of the activity on and around the lake. This rental home is centrally located with quick and easy access to M5 and I96, 4 miles to Twelve Oaks Mall and Providence Hospital, and 30 miles to Metro Detroit Airport. It is situated across the street from the biking/walking path along Walled Lake and blocks away from access to the Michigan Air Line biking trail. A public beach, restaurants (one open and one coming soon), and a convenience store are all a block away and other restaurants are less than a mile away. This lake house does not include lake frontage property, but it is right across from the easement that grants you convenient rights to access and use Walled Lake (a private all-sports lake) for kayaking, paddle boarding, and swimming. The backyard is a quiet place with a built-in propane grill and a small shed for storage. This home is not furnished other than as described above. There is no garage on the property, but the side drive and if needed the front yard offer plenty of parking. Seeking long-term tenant. Brokers Welcome. Tenant must pass credit and background check and accept and sign separate company lease outside of Zillow. Other terms apply; inquire for details. Tenant pays for water, gas and electric. No smoking permitted. Long-term lease preferred. Pets will be considered but not guaranteed and an extra security deposit would be required..

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Washer
    • Laundry: In Unit
    Features
    • View
    Interior area
    • Total interior livable area: 1,500 sqft

    Property

    Parking
    • Details: Contact manager
    Features
    • Exterior features: Bicycle storage, Brand New HVAC and Appliances, Electricity not included in rent, Gas not included in rent, Heating system: Forced Air, No garage but plenty of parking on the property, View Type: Lake View, Water not included in rent
    Details
    • Parcel number: 1734428010

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Community & HOA

    Community
    • Deposit fee: $3,500
    Location
    • Region: Walled Lake

    Financial & listing details

    • Price per square foot: $200/sqft
    • Tax assessed value: $325,000
    • Annual tax amount: $6,885
    • Date on market: 2/11/2026
    • Date available: 05/01/2026
    • Lease term: 1 Year

    Price history

    DateEventPrice
    5/29/2026Listing removed$3,000$2/sqft
    Source: Zillow Rentals Report a problem
    5/8/2026Price change$3,000-14.3%$2/sqft
    Source: Zillow Rentals Report a problem
    4/14/2026Price change$3,500-6.7%$2/sqft
    Source: Zillow Rentals Report a problem
    2/11/2026Listed for rent$3,750$3/sqft
    Source: Zillow Rentals Report a problem
    8/30/2025Listing removed$3,750$3/sqft
    Source: Zillow Rentals Report a problem
    8/29/2025Listed for rent$3,750$3/sqft
    Source: Zillow Rentals Report a problem
    6/8/2024Listing removed--
    Source: Zillow Rentals Report a problem
    4/22/2024Listed for rent$3,750$3/sqft
    Source: Zillow Rentals Report a problem
    12/26/2023Sold$300,000+120.6%$200/sqft
    Source: Public Record Report a problem
    10/14/2022Sold$136,000-14.5%$91/sqft
    Source: Realcomp II #2220031104 Report a problem
    10/4/2022Pending sale$159,000$106/sqft
    Source: Realcomp II #2220031104 Report a problem
    7/25/2022Listed for sale$159,000$106/sqft
    Source: Realcomp II #2220031104 Report a problem
    7/5/2022Pending sale$159,000$106/sqft
    Source: Realcomp II #2220031104 Report a problem
    5/21/2022Price change$159,000-11.2%$106/sqft
    Source: Realcomp II #2220031104 Report a problem
    5/7/2022Price change$179,000-10.1%$119/sqft
    Source: Realcomp II #2220031104 Report a problem
    4/30/2022Listed for sale$199,000+41.6%$133/sqft
    Source: Realcomp II #2220031104 Report a problem
    12/5/2014Sold$140,500-9.3%$94/sqft
    Source: Public Record Report a problem
    8/30/2014Listed for sale$154,900$103/sqft
    Source: RE/MAX Classic #214089950 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,885 +32.3%$162,500 +44.5%
    2024$5,206 +49.8%$112,480 +29.6%
    2023$3,476 -9.3%$86,820 +22%
    2022$3,834 +18.4%$71,140 +3.6%
    2021$3,238 $68,680 +1.1%
    2020-- $67,910 +4.3%
    2019$12,609 +309.1%$65,140 +7.9%
    2018$3,082 -18.1%$60,360 +6.6%
    2017$3,765 $56,610 -15.3%
    2016$3,765 $66,850 +24.3%
    2015-- $53,800 +7.7%
    2014-- $49,940 +2%
    2011-- $48,970 -8.3%
    2010$1,692 +12.7%$53,430 -12.8%
    2009$1,501 +24.9%$61,270 -34.6%
    2005$1,201 $93,740 +52.1%
    2003-- $61,630 +9%
    2002-- $56,560 +93%
    2001$1,219 +6.3%$29,300 +3.2%
    2000$1,147 $28,400
    Find assessor info on the county website

    Neighborhood: 48390

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $312,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $312,100