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Sold for $545,000
  • $545,000

    54990 Sherwood Ln, Shelby Township, MI 48315

    4beds
    5,839sqft
    Single Family Residence
    Built in 1990
    0.41 Acres Lot
    $549,100 Zestimate®
    $93/sqft
    $5,332 Estimated rent

    Home value

    $549,100

    $522,000 - $577,000

    $5,332/mo

    Zestimate® history
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    What's special

    Imagine coming home to space, privacy, and freedom with no HOA restrictions and room to truly make it your own. Nestled in desirable Shelby Township, this beautifully maintained home offers the perfect blend of comfort, function, and timeless design. A welcoming cement walkway leads to the three car garage and into a grand foyer where real hardwood floors set the tone. The formal dining room is ideal for holidays and gatherings, while the private study behind French doors complete with custom built-in wood bookshelves creates the perfect home office or quiet retreat. At the heart of the home, the spacious kitchen is designed for both everyday living and entertaining, featuring upgraded appliances, double ovens, electric cooktop, tile backsplash, large butcher block center island, and walk-in pantry. The kitchen flows seamlessly into the dramatic two-story great room with soaring ceilings, floor-to-ceiling brick fireplace, skylights, Pella windows, and a built-in bar area all filled with natural light. Convenience meets functionality with first-floor laundry and a mudroom with built-ins. Step outside to a fully fenced backyard offering privacy and a large cement patio ready for summer gatherings. Upstairs, the generous primary suite includes a private bath, while three additional bedrooms and a full bath provide comfortable space for family or guests. The fully finished lower level expands your living area with a wet bar, recreation space, additional family room, and abundant storage. Located close to parks, shopping, dining, and easy freeway access, this home offers the lifestyle today’s buyers are searching for space to grow, freedom from HOA rules, and a prime Shelby Township

    Zillow last checked:

    Listing updated:

    Listed by:

    Linda K Rea 248-709-3786,

    Real Estate One-Rochester,

    Paula R Johnston 248-770-8661,

    Real Estate One-Rochester

    Bought with:

    Loren Shalom, 6501432147

    Real Estate One Sterling Heights

    Source: Realcomp II,MLS#: 20261002683MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Primary bedroom
    • Level: Second
    • Area: 396
    • Dimensions: 22 X 18
    Bedroom
    • Level: Second
    • Area: 156
    • Dimensions: 12 X 13
    Bedroom
    • Level: Second
    • Area: 225
    • Dimensions: 15 X 15
    Bedroom
    • Level: Second
    • Area: 210
    • Dimensions: 15 X 14
    Primary bathroom
    • Level: Second
    • Area: 80
    • Dimensions: 8 X 10
    Other
    • Level: Second
    • Area: 40
    • Dimensions: 5 X 8
    Other
    • Level: Second
    • Area: 64
    • Dimensions: 8 X 8
    Other
    • Level: Entry
    • Area: 30
    • Dimensions: 6 X 5
    Other
    • Level: Entry
    • Area: 196
    • Dimensions: 14 X 14
    Dining room
    • Level: Entry
    • Area: 224
    • Dimensions: 16 X 14
    Great room
    • Level: Entry
    • Area: 650
    • Dimensions: 25 X 26
    Kitchen
    • Level: Entry
    • Area: 196
    • Dimensions: 14 X 14
    Library
    • Level: Entry
    • Area: 160
    • Dimensions: 16 X 10
    Heating
    • Forced Air, Natural Gas
    Appliances
    • Included: Disposal, Free Standing Electric Oven, Free Standing Refrigerator
    • Laundry: Electric Dryer Hookup, Washer Hookup
    Features
    • Basement: Finished,Full
    • Has fireplace: Yes
    • Fireplace features: Gas, Great Room
    Interior area
    • Total interior livable area: 5,839 sqft
    • Finished area above ground: 3,339
    • Finished area below ground: 2,500

    Property

    Parking
    • Total spaces: 3
    • Parking features: Three Car Garage, Attached
    • Garage spaces: 3
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: GroundLevelwSteps
    • Pool features: None
    • Fencing: Back Yard,Fenced
    Lot
    • Size: 0.41 Acres
    • Dimensions: 117 x 146
    Details
    • Parcel number: 0712202001
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Single Family Residence
    Materials
    • Brick, Other
    • Foundation: Basement, Poured
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1990

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Community, Public

    Community & HOA

    Community
    • Subdivision: SHERWOOD FOREST SUB 3
    HOA
    • Has HOA: No
    Location
    • Region: Shelby Township

    Financial & listing details

    • Price per square foot: $93/sqft
    • Tax assessed value: $219,667
    • Annual tax amount: $6,553
    • Date on market: 1/17/2026
    • Cumulative days on market: 40 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Exclusions: Exclusion(s) Exist

    Price history

    DateEventPrice
    5/20/2026Sold$545,000$93/sqft
    Source: Realcomp II #20261002683 Report a problem
    4/25/2026Pending sale$545,000$93/sqft
    Source: Realcomp II #20261002683 Report a problem
    1/17/2026Listed for sale$545,000+67.7%$93/sqft
    Source: Realcomp II #20261002683 Report a problem
    8/26/2019Sold$325,000-7.1%$56/sqft
    Source: Public Record Report a problem
    7/1/2019Price change$349,900-2.8%$60/sqft
    Source: DOBI, REALTORS� #219032404 Report a problem
    6/7/2019Price change$359,900-2.5%$62/sqft
    Source: DOBI, REALTORS� #219032404 Report a problem
    5/14/2019Price change$369,000-5.1%$63/sqft
    Source: DOBI, REALTORS� #219032404 Report a problem
    5/3/2019Listed for sale$389,000+14.4%$67/sqft
    Source: DOBI, REALTORS� #219032404 Report a problem
    9/11/2016Listing removed$339,900$58/sqft
    Source: RE/MAX Suburban #31298130 Report a problem
    7/24/2016Price change$339,900-6.9%$58/sqft
    Source: RE/MAX Suburban #31298130 Report a problem
    7/19/2016Price change$364,900+4.3%$62/sqft
    Source: Visual Tour #31237405 Report a problem
    6/9/2016Price change$349,900-4.1%$60/sqft
    Source: RE/MAX Metropolitan #215032944 Report a problem
    2/22/2016Price change$364,900-3.9%$62/sqft
    Source: RE/MAX Metropolitan #215032944 Report a problem
    10/7/2015Price change$379,900-1.3%$65/sqft
    Source: RE/MAX Metropolitan #215032944 Report a problem
    9/6/2015Price change$385,000-3.7%$66/sqft
    Source: RE/MAX Metropolitan #215032944 Report a problem
    6/4/2015Price change$399,900-3.1%$68/sqft
    Source: RE/MAX Metropolitan #215032944 Report a problem
    4/13/2015Listed for sale$412,900$71/sqft
    Source: RE/MAX Metropolitan #215032944 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,555 +5%$266,600 +6.4%
    2024$6,240 +3.4%$250,500 +18.7%
    2023$6,036 +4.7%$211,100 +8.7%
    2022$5,765 -0.3%$194,200 +3.8%
    2021$5,780 $187,100 +1.4%
    2020$5,780 -3.5%$184,500 -3.6%
    2019$5,988 -16.3%$191,400 +4.1%
    2018$7,154 +62.9%$183,800 +1.3%
    2017$4,392 $181,400
    2016$4,392 $181,400 +10.5%
    2015$4,392 $164,100
    2012-- --
    2009-- --
    2001$3,781 +3.5%$136,430 +3.2%
    2000$3,653 $132,200
    Find assessor info on the county website

    Neighborhood: 48315

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $549,100
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    Estimated market value
    $549,100