




315 Common St, Walled Lake, MI, 48390
About This Home
Rare Gem: Updated Ground-Level Home with Massive 2.5-Car Climate-Controlled Garage and Walk to Walled Lake Beach! Welcome to the ultimate high-utility, low-maintenance property! Priced at an unbeatable $225,000, this unique Walled Lake home offers a perfect lock-and-leave lifestyle for seasonal travelers, an accessible single-level retreat, or a private alternative to crowded student apartments. Many Recent Major Upgrades (All Within Last 5 Years): Rest easy knowing the big-ticket maintenance items and premium details are already done for you: * Exterior & Structural: Brand new roof, newly poured driveway and patio, fresh exterior paint, and secure new front/back entry doors on both the house and garage. * Premium Finishes: Stunning new granite countertops in the kitchen, plus windows and doors featuring built-in, maintenance-free blinds between the glass. * Interior Comfort: Brand new flooring installed throughout, plus modern matching ceiling fans in every single room for perfect airflow and style. * Modernized Kitchen: Newly installed kitchen cabinets, brand-new stove, and new dishwasher (Refrigerator is also included!). * Updated Bathroom: New custom shower featuring a new sink and new bathroom cabinet, and new tiled shower with built in shower seat. * Laundry Upgrade: New space-saving stacked washer and dryer set included in the sale. The House: Accessible, Efficient Cottage Living Enjoy effortless, single-level living. This ground-level layout features absolutely zero stairs, offering enhanced daily accessibility and mobility. The cozy 1-bedroom retreat includes a spacious walk-in closet and an inviting living room centered around a wood-burning fireplace. In the heart of the home, the modernized kitchen features high-end granite countertops and a highly convenient, stacked laundry closet—giving you main-floor laundry access. From the kitchen, elegant French doors open directly to your private, fully fenced backyard and patio with a fire pit. The yard is a dog-lover's paradise, featuring a high, secure privacy fence built to keep even large dogs completely safe and contained. Enjoy a great outdoor space without the hassle of heavy yard maintenance. The Garage: A Tradesman & Car Enthusiast’s Dream The crown jewel of this property is the oversized, 2.5-car detached garage. Fully heated and cooled, this pristine climate-controlled space provides secure, year-round storage and utility for: * Luxury cars, watercraft, and recreational toys. * A premium contractor workshop or trade equipment storage. * Secure winter storage for seasonal snowbirds locking up their summer toys. The Location: Lakeside Living & University Access Nestled in a prime, central hub just steps from Walled Lake beaches, local dining, and scenic trails. Commuters and students will love the immediate expressway access to Metro Detroit, Ann Arbor, and Lansing. Seamlessly commute to local Oakland Community College campuses, Schoolcraft, Lawrence Tech, or U of M. Students may also attend the highly respected Walled Lake Consolidated School District. Schedule your private tour today to experience this turnkey, one-of-a-kind property!
Getting Around
Schools
Construction
Condition
- Year built: 1941
Materials
- Foundation: Crawl/Raised
- Roof: Asphalt
- Construction materials: Wood
Type & Style
- Home type: SingleFamily
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Freezer,Garbage disposal,Microwave,Range / Oven,Refrigerator,Washer
Basement
- Basement: None
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Features
- Flooring: Linoleum / Vinyl
- Fireplace: Yes
Heating & Cooling
- Heating features: Forced air,Gas
- Cooling features: Central
Interior Area
- Total interior livable area: 771 sqft
Property
Details
- Parcel number: 1734254010
Features
- Exterior features: Brick
- Has view: Yes
- View description: Park,City
Lot
- Lot size: 5,009 sqft
Parking
- Total spaces: 4
- Parking features: Garage - Detached,Off-street,On-street
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Tornado
- Cold Wave
- Heat Wave
- Ice Storm
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters in Oakland County and Michigan
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,259 | $15,108 |
| Home Insurance * | $111 | $1,332 |
| Property Taxes | $259 | $3,108 |
| Electricity | $188 | $2,259 |
| Total | $1,817 | $21,804 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-10 | Price change | $225,000 |
| 2026-08-02 | Listed for sale | $249,000 |
| 2021-07-28 | Sold | $115,000 |
| 2021-06-26 | Pending sale | $144,900 |
| 2021-05-12 | Price change | $144,900 |
| 2021-04-16 | Listed for sale | $149,900 |
| 2010-10-21 | Sold | $28,000 |
| 2010-07-27 | Price change | $29,600 |
| 2010-06-30 | Price change | $33,300 |
| 2010-05-25 | Listed for sale | $37,000 |
| 2008-08-12 | Sold | $127,007 |
| 2001-09-13 | Sold | $125,000 |
