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4361 Wausau Rd, Okemos, MI, 48864

5beds
4baths
3,905sqft
$545,000
$140price/sqft
$4,189/moest. monthly cost
$167,560/yrincome needed

About This Home

Beautifully updated 5-bedroom, 3.5-bath riverfront home in desirable Tacoma Hills and the award-winning Okemos School District. Situated on a quiet cul-de-sac, this spacious multi-level home features multiple living areas, a spacious, organized mudroom, oversized dining room with river views, gas fireplace, and a large primary suite with two walk-in closets and a private deck. Basement updates completed in 2024 include an expanded finished area, Ayers drain tile system, upgraded electrical panel, custom wet bar with a hand-selected live-edge epoxy bar top, sealed crawl space, garage drain tile with second sump pump, and whole-house dehumidifier (under warranty). New combination boiler/water heater (2026). Walk-out river access can be restored for launching a canoe or kayak.

Getting Around

9
WalkingCar-Dependent
0
TransitVery Limited Transit
36
BikeSomewhat Bikeable

Schools

8/10
Kinawa SchoolGrades 5-60.7 mi
10/10
Chippewa Middle SchoolGrades 6-80.7 mi
10/10
Okemos High SchoolGrades 9-122.3 mi

Construction

Condition

  • Year built: 1968

Materials

  • Roof: Shingle
  • Construction materials: Stone,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Disposal,Dryer,Electric Oven,Freezer,Gas Water Heater,Refrigerator,Washer,Water Softener Owned
  • Laundry features: Laundry Chute,Main Level

Basement

  • Has basement: Yes
  • Basement: Crawl Space,Full

Bedroom2

  • Level: Third
  • Area: 224

Bedroom3

  • Level: Third
  • Area: 156

Bedroom4

  • Level: Third
  • Area: 108

Bedroom5

  • Level: Third
  • Area: 108

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Dining Room

  • Level: Second
  • Area: 273

Features

  • Ceiling Fan(s),Wet Bar
  • Window features: Bay Window(s)
  • Flooring: Wood
  • Number of fireplaces: 1
  • Fireplace features: Living Room
  • Fireplace: Yes
  • Finished area below ground: 440
  • Finished area above ground: 3,465

Heating & Cooling

  • Heating features: Baseboard,Fireplace(s)
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 4,073
  • Total interior livable area: 3,905 sqft

Kitchen

  • Level: Second
  • Area: 252

Living Room

  • Level: Second
  • Area: 375

Master Bedroom

  • Level: Fourth
  • Area: 315

Property

Details

  • Parcel number: 33020228226015
  • Zoning description: Zoning
  • Foundation area: 608

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: Balcony
  • Fencing: Back Yard
  • Has view: Yes
  • View description: River
  • Has water view: Yes
  • Water view: River
  • On waterfront: Yes

Lot

  • Lot size: 0.36 Acres
  • Features: Cul-De-Sac,Views,Waterfront,Wooded
  • Lot size dimensions: 120 x 129

Parking

  • Total spaces: 2.5
  • Parking features: Attached,Garage,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2.5
  • Covered spaces: 2.5

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

  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Strong Wind
Cold Wave
Hail
Tornado

FEMA Declared Disasters in Ingham County and Michigan

Flood
Severe Ice Storm
Severe Storm
Tornado
Winter Storm

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

MonthlyAnnual
Mortgage $2,755$33,060
Home Insurance *$210$2,520
Property Taxes $799$9,588
Electricity $425$5,111
Total$4,189$50,268
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$143,622/yr
40% on housing$125,670/yr
45% on housing$111,706/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

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.

Insurance Growth Rate5-year average: 7.4%
7.4%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$140This listing

vs Other Active Listings

Avg $/sqft

ZIP 48864$186
Ingham County$118

vs Homes Sold Last Month

Median $/sqft

ZIP 48864$149
Ingham County$129

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

DateEventPrice
2026-08-05Price change$530,000
2026-07-17Listed for sale$545,000
2021-12-10Sold$365,000
2021-11-17Pending sale$380,000
2021-11-04Contingent$380,000
2021-10-18Price change$380,000
2021-09-16Price change$399,800
2021-09-08Price change$415,000
2021-08-02Listed for sale$429,800
2014-09-05Sold$273,500
2014-07-02Listed for sale$276,000

For Sale by Agent

AgentSarah Webb
BrokerageRedfin Corporation

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