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Sold for $435,000
  • $435,000

    54895 Arrowhead Dr, Shelby Township, MI 48315

    4beds
    3,650sqft
    Single Family Residence
    Built in 1975
    0.45 Acres Lot
    $514,700 Zestimate®
    $119/sqft
    $3,487 Estimated rent

    Home value

    $514,700

    $489,000 - $546,000

    $3,487/mo

    Zestimate® history
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    What's special

    Experience the beauty of waterfront living! This extraordinary home has a prime location backing onto the tranquil lake with recorded lake easement behind it providing breathtaking views and a sense of serenity like an up north getaway amidst the suburban bustle. Multiple balconies and patios provide ample space for relaxing and entertaining & oversized flowing rooms with bay windows frame sunset views perfectly. From the winding staircase & large living room to the natural stone fireplace & wet bar in the family room this home provides spacious rooms with custom features to live comfortably. An expansive kitchen in the heart of the home has ample maple cabinets, corian countertops, newer stainless appliances and a movable island with dining areas on both sides. Retreat upstairs to a serene owners suite with private bath and three additional bedrooms with a large loft area. A finished lower level with a pool table & doorwall to the oversized backyard allows for additional space for seamless entertaining. Don't miss the opportunity to experience the lifestyle this property offers!

    Zillow last checked:

    Listing updated:

    Listed by:

    Kimberly Drescher Tanascu 586-216-2088,

    Real Estate One Inc-Shelby,

    Robert Drescher 586-596-2110,

    Real Estate One Inc-Shelby

    Bought with:

    Jacob Comfort, 6501456141

    Real Broker LLC

    Source: MiRealSource,MLS#: 50144883MLS LogoOriginating MLS: MiRealSource

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Family Room, Laundry, Loft, Master Bedroom, Master Bathroom, First Flr Lavatory, Second Flr Full Bathroom, Breakfast Nook/Room, Dining Room
    Bedroom 1
    • Level: Second
    • Area: 320
    • Dimensions: 20 x 16
    Bedroom 2
    • Level: Second
    • Area: 252
    • Dimensions: 18 x 14
    Bedroom 3
    • Level: Second
    • Area: 224
    • Dimensions: 16 x 14
    Bedroom 4
    • Level: Second
    • Area: 224
    • Dimensions: 16 x 14
    Bathroom 1
    • Level: Second
    Bathroom 2
    • Level: Second
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer, Gas Water Heater
    • Laundry: First Floor Laundry
    Features
    • Sump Pump
    • Windows: Bay Window(s)
    • Basement: Finished,Full,Walk-Out Access,Concrete
    • Number of fireplaces: 1
    • Fireplace features: Family Room, Natural Fireplace
    Interior area
    • Total structure area: 4,026
    • Total interior livable area: 3,650 sqft
    • Finished area above ground: 2,850
    • Finished area below ground: 800

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Electric in Garage, Garage Door Opener, Garage Faces Side
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Patio
    • Exterior features: Balcony, Lawn Sprinkler
    • Has spa: Yes
    • Spa features: Spa/Jetted Tub
    • Waterfront features: No Gas Motors, Interior Lake
    • Frontage length: 100
    Lot
    • Size: 0.45 Acres
    • Dimensions: 100 x 130
    Details
    • Additional structures: Shed(s)
    • Parcel number: 230711128002
    • Zoning description: Residential
    • Special conditions: Private

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Single Family Residence
    Materials
    • Brick, Vinyl Siding
    • Foundation: Basement, Concrete Perimeter
    Condition
    • New construction: No
    • Year built: 1975

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Cable/Internet Avail.

    Community & HOA

    Community
    • Deposit fee: $0
    • Application fee: $0
    • Subdivision: Lake Arrowhead
    HOA
    • Has HOA: Yes
    • HOA fee: $770 annually
    • HOA name: Lake Arrowhead HOA
    • HOA phone: 586-323-5090
    Location
    • Region: Shelby Township

    Financial & listing details

    • Price per square foot: $119/sqft
    • Tax assessed value: $435,400
    • Annual tax amount: $6,450
    • Date on market: 6/11/2024
    • Cumulative days on market: 22 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/15/2024Sold$435,000-3.3%$119/sqft
    Source: MiRealSource #50144883 Report a problem
    7/4/2024Pending sale$449,900$123/sqft
    Source: MiRealSource #50144883 Report a problem
    6/21/2024Price change$449,900-4.3%$123/sqft
    Source: MiRealSource #50144883 Report a problem
    6/13/2024Listed for sale$469,900+91%$129/sqft
    Source: MiRealSource #50144883 Report a problem
    10/15/1997Sold$246,000$67/sqft
    Source: Public Record Report a problem
    8/11/1997Sold$246,000$67/sqft
    Source: MiRealSource #752735 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,185 -68.6%$217,700 +4.3%
    2024$6,963 +8%$208,800 +7.7%
    2023$6,450 +2.6%$193,900 +10%
    2022$6,285 +0.9%$176,300 +6.5%
    2021$6,226 $165,600 +4.6%
    2020$6,226 +5.5%$158,300 +2.1%
    2019$5,902 +63.8%$155,000 +6.4%
    2018$3,604 +2.2%$145,700 +5.4%
    2017$3,526 $138,200
    2016$3,526 $138,200 +5.7%
    2015$3,526 $130,750
    2012-- --
    2009-- --
    2001$3,291 +3.5%$118,770 +3.2%
    2000$3,180 $115,090
    Find assessor info on the county website

    Neighborhood: 48315

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Utica Community Schools

    Source: MiRealSource. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $514,700
    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
    $514,700