2334 Silver Lake Rd Road

About this home

Welcome to 2334 Silver Lake Road! This 2 bed, 2 full bath single level bungalow is ready for a new owner to make this their own. There are many possibilities for this property. The sale includes the attached vacant lot. There is plenty of room for a garage or a shed or other out building. There are driveway options and so much more. THIS IS A FULL ACRE OF PROPERTY WITH BOTH LOTS TOGETHER. HOA dues are $50 per year and include private beach access on Upper Silver Lake! PROPERTY CONDITION NOTICE: prospective purchasers and accompanying agents are advised that suspected mold-like growth and/or moisture related conditions may be present within the property. The condition and extent of any potential mold or other toxin is unknown. Visitors should consider their individual health circumstances before entering and should avoid disturbing any suspected growth or affected materials. PROPERTY IS BEING SOLD AS-IS AND INCLUDES ALL PERSONAL PROPERTY INSIDE HOME AND SHED, AND THE ADJACENT VACANT PARCEL, PROPERTY ID# 1313205019

Interior

Systems and utilities

Exterior and lot

Taxes, HOA and more

Schools

How it compares in Waterford

Over the last 90 days, 251 homes sold in Waterford for a median of $268,000, about $172 per square foot, and the typical one went under contract in 12 days. This home is listed at $195,000, or $133 per square foot, 23% below the city median, and has been on the market 21 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Waterford sales or ask us for the comparable sales on this one.

Property taxes for a new owner

The current owner pays about $2,288 a year. A buyer who lives here would pay about $1,208 to $3,243 a year once the taxable value resets after the sale, at the 2025 homestead rate of 32.93 mills for Waterford Twp and Pontiac schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.

Monthly payment estimate

Estimate only, 30 year fixed, includes taxes at a new owner's rate and HOA when listed. Ask us for a lender quote.

Location

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