9 days on rocket

5028 Oakwood, Commerce Twp, MI, 48382

$1,595,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
4 Full Baths
4,070 SqFt
$392/SqFt
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

5028 Oakwood, Commerce Charter Township$1,595,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
ParkingSide Entrance, Direct Access, Electricity, Door Opener, Attached
Attached Garage3 spaces
Year Built1988
HeatingNatural Gas, Zoned
CoolingCentral Air, Humidity Control
BasementYes
WaterfrontLake, Boat Facilities, Dock Facilities
MLS #20240083134
Lot Size0.92 Acres
StatusActive

About 5028 Oakwood

Phenomenal - One of a Kind - Custom Built Waterfront Home located in highly sought after Lake Sherwood Sub! Set way back from the road and surrounded by trees, this large (.92 acre) lot includes a charming paver stone driveway and ample parking. The private estate includes a striking raised porch and entry, multiple covered patios, outdoor kitchen and 368 feet of shoreline on Lake Sherwood. This stunning contemporary offers 5,785 SF of luxurious living space featuring elegant marble flooring, pillars, and unique ceiling details with back lit etched glass. An extensive use of glass extending from the floor to the ceiling provides breathtaking lake views from every major living area. The open concept features extended sight lines from the spacious Foyer to the Great Room, Dining Room and Gourmet Kitchen. The Great Room features a unique, curved glass and marble wet bar and French door leading to the patio. The Island Kitchen is furnished with an abundance of custom cabinetry, granite counters, premium appliances and walk-in pantry. Beautiful French doors open to the Owner's Suite featuring two walk-in closets with built-in organizers, French door leading to a covered patio and a gorgeous Ensuite featuring dual vanities, free standing tub and large Euroglass enclosed shower. The Lower Level features 2 Bedrooms, full Bath and Wine Cellar. Finished Basement includes a huge Family/Rec Room, Craft Room, Den/Flex Room and Storage Rooms. First floor Laundry Room is equipped with storage cabinets, utility sink and ceramic flooring. 3 Car Garage is fully finished with drywall, insulation, paint, raised bumper, epoxy coated floors and openers.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, Split Level
  • Year Built: 1988
  • Stories: 4
  • Living Area: 4,070 SqFt

Listing Office:

  • Office Name: KW Showcase Realty
  • Office Phone: (248) 360-2900
  • Listing Agent: Janet K Stockton

Interior Features

Interior Information:

  • Appliances: Gas Oven, Gas Range, Convection Oven, Dishwasher, Disposal, Gas Cooktop, Microwave, Stainless Steel Appliance(s), Warming Drawer
  • Basement: Yes
  • Interior: Smoke Alarm, Cable Available, Carbon Monoxide Alarm(s), Circuit Breakers, Egress Window(s), High Spd Internet Avail, Humidifier, Programmable Thermostat, Security Alarm (owned), Sound System, Furnished - No, Water Softener (owned), Wet Bar

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Lake, Boat Facilities, Dock Facilities
  • Exterior: Whole House Generator, Lighting

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Side Entrance, Direct Access, Electricity, Door Opener, Attached

Virtual/3D Tour

  • 3D Tour: 5028 Oakwood
3D Tour

Lot Features

Lot Information:

  • Lot: Dead End Street, Irregular Lot, Level, Wooded, Views
  • Lot Size: 0.92 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Zoned
  • Cooling: Central Air, Humidity Control

Other

Directions Information:

  • Directions: South on Oakwood Court off Commerce Road

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,595,000
  • Price Per SqFt: $392/SqFt

HOA Fees:

  • Amount: $400
  • Frequency: Annually
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Commerce Charter Township, MI.

Med. Sold Price

$370.8K

Med. Price/SqFt

$217

Avg. Days On Market

24

# of Sold Homes

33

5028 Oakwood vs Commerce Charter Township

9 DAYS ON ROCKET

-15 Days

$1,595,000

+$1.2M More

$392/SqFt

+$175 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $175/SqFt more than other homes in Commerce Charter Township, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240083134

Listing Office:

  • Office Name: KW Showcase Realty
  • Office Phone: (248) 360-2900
  • Listing Agent: Janet K Stockton

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 1:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$8,061

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,848

Powered By

Rocket Mortgage

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-36632
5
/10
  • Country Oaks Elementary School

  • 5070 S Duck Lake Rd

  • 1.27 miles

  • Public District Grades EE-5

school-card-donut-36633
6
/10
  • Lakewood Elementary School

  • 1500 Bogie Lake Rd

  • 2.09 miles

  • Public District Grades EE-5

school-card-donut-36634
9
/10
  • Commerce Elementary School

  • 520 Farr St

  • 2.41 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $125,268. Most Commerce Charter Township, MI residents have annual incomes between $100k-200k. The majority of families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5028 Oakwood

What is the listing price of this property?

The listing price of 5028 Oakwood property is $1,595,000.

What type of property is this?

The property 5028 Oakwood is a house located in Commerce Twp, Michigan, 48382.

Is this property for sale now?

Active Listing: 5028 Oakwood is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 5028 Oakwood has 4 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 5028 Oakwood is 4,070 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5028 Oakwood is 1988.

Rocket Homes›Michigan›Oakland County›Commerce Charter Township›48382›5028 Oakwood

This home is located at 5028 Oakwood in Commerce Twp, MI and zip code 48382. This 4,070 square foot home, which was built in 1988, sits on a 0.92 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 05, 2024 and is currently priced at $1,595,000.

Over 8 listings were sold over their listed price in October 2024 in Commerce Charter Township, MI. In the same period over 18 listings were sold below the listed price and 7 listings were sold for the listed price. The inventory of homes for sale in Commerce Charter Township, MI between September 2024 and October 2024 decreased by 3.8%. Listings spent 24 days on the market in October 2024, and had a median list price of $370,833 during the same period.

From Rocket Homes Real Estate and based on county public records data.

More Resources