3 months on rocket

8230 Highland Rd, White Lake, MI, 48386

$1,599,999

Home List Price

$10,000*

Closing Credit

22 Full Baths
17,480 SqFt
$92/SqFt
Multi
Schools Nearby

Location

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8230 Highland Rd, White Lake$1,599,999

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
Year Built1957
HeatingNatural Gas, Floor Furnace
WaterfrontLake, Boat Facilities, Dock Facilities, Seawall
MLS #20240001799
Lot Size1.51 Acres
StatusActive

About 8230 Highland Rd

This is Michigan Hotels and Housing Co, Inc. This property located in White Lake, Michigan, is approximately 2 acres wide extending from Highland Road at one end and Lake Pontiac at the other end. It has 133 feet of waterfront on the lake. Highland Road, also known as M59, has all the businesses lined up along it, most of which are within one mile of this motel including the Oakland International Airport, and a movie theatre. The State Recreational part is directly across the lake, three major Banks, Chase, Bank of America and Citizens, Walmart supercenter, Home depot and Lowes Home improvement (200 yards) many restaurants. So many people stay here and work which is why this motel is always full. There is also a party store and provision store next door which makes life very easy and convenient for tenants, just to name a few businesses nearby. It has a total of 32 rooms. Six of the rooms are assigned to the manager's residence which is secretly connected to the front office. Three of the rooms are used for storage and another 2 consist of the mechanical rooms. The remaining 21 rooms which are being rented out consist of 13 cabins, (one of which is a double cabin), and 8 motel rooms. One extra cabin is being used for storage, and can easily be converted bank to rental. Also, some of the six rooms assigned to the manager's residence can be converted into rentals for added value. There is also enough empty space to build 30 more motel rooms (with sufficient parking left) at the prompting of the city. The architect has already sketched the building plans and presented them to the city. We have our copies to hand over to any buyer. Property is being Sold As-IS.

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage, Ranch
  • Year Built: 1957
  • Stories: 1
  • Living Area: 17,480 SqFt

Listing Office:

  • Office Name: Wilhelm & Associates
  • Office Phone: (248) 625-9500
  • Listing Agent: Thomas Wilhelm

Interior Features

Interior Information:

  • Basement: No
  • Interior: Cable Available

Bedroom and Bathroom Information:

  • Full Bathrooms: 22

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Lake, Boat Facilities, Dock Facilities, Seawall

Virtual/3D Tour

  • Virtual Tour: 8230 Highland Rd

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Lot Features

Lot Information:

  • Lot Size: 1.51 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Floor Furnace

School Info

Assigned Schools Information:

  • Kettering High School, Public District Grades 9-12
  • Pierce Middle School, Public District Grades 6-8
  • Houghton Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: N of Highland/ W of Williams Lake Rd

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,599,999
  • Price Per SqFt: $92/SqFt

Tax Information:

  • Annual Amount: $15,807
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in White Lake, MI.

Med. Sold Price

$387.1K

Med. Price/SqFt

$205

Avg. Days On Market

37

# of Sold Homes

25

8230 Highland Rd vs White Lake

109 DAYS ON ROCKET

+72 Days

$1,599,999

+$1.2M More

$92/SqFt

-$113 Less

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $113/SqFt less than other homes in White Lake, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240001799

Listing Office:

  • Office Name: Wilhelm & Associates
  • Office Phone: (248) 625-9500
  • Listing Agent: Thomas Wilhelm

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: 4/27/2024, 7:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 09, 2020Home Sold
$400,000
Sep 07, 1999Home Sold
$290,000
Mar 23, 1999Home Sold
$253,000

Tax History

YEARPROP. TAXASSESSMENT
2021$15,807$269,990
2020$13,755$274,290
2018$15,784$258,490
2017$14,589$255,150

History based on county public records data.

Payment Calculator

$8,053

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,863

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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.

Elementary School

school-card-donut-1538218
7
/10
  • Houghton Elementary School

  • 8080 Elizabeth Lake Rd

  • 1.09 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1538219
4
/10
  • Pierce Middle School

  • 5145 Hatchery Rd

  • 3.10 miles

  • Public District Grades 6-8

High School

school-card-donut-1538220
5
/10
  • Kettering High School

  • 2800 Kettering Dr

  • 3.17 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $73,730. The majority of White Lake, MI residents have income between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesMichiganOakland CountyWhite Lake483868230 Highland Rd

This home is located at 8230 Highland Rd in White Lake, MI and zip code 48386. This 17,480 square foot home, which was built in 1957, sits on a 1.51 acre lot. Features: 22 bathrooms. It has been listed on Rocket Homes since January 09, 2024 and is currently priced at $1,599,999.

Over 8 listings were sold over their listed price in March 2024 in White Lake, MI. In the same period over 13 listings were sold below the listed price and 4 listings were sold for the listed price. Between February 2024 and March 2024, White Lake, MI real estate market has seen increase in the number of listings by 18.6%. In March 2024 median list price was $387,140 and the average listing age was 37 days.

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

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