7109 Colonial Oaks Drive
Waterford, MI 48327
Condominium · MLS # 20261071346 · Listing courtesy of Real Estate For A CAUSE
About this home
Charming, multi level townhouse condominium with covered porch, finished walk out, and attached garage. Entryway foyer with coat closet provides access to either upper or lower level. Spacious great room features sliding glass door leading to elevated deck with shady tree cover. Also on the first floor is the kitchen and dining area with laminate wood floors, and a nearby half bath. Upstairs features a master bedroom with a vaulted ceiling and two closets, a large second bedroom, and a full bathroom with tub/shower and ceramic floor. Lower level family room, or potential extra bedroom, contains laminate wood floors and sliding glass door that leads to a covered paved patio. Lower level storage closet gives access to furnace and hot water tank. Conveniently located at the garage entryway is a mud hall with a laundry closet containing washer and dryer. New furnace installed 2018, updated roof and gutters to be installed later this fall. Two cats living at home.
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 $244,900, or $124 per square foot, 28% 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 $4,009 a year. A buyer who lives here would pay about $3,134 to $4,561 a year once the taxable value resets after the sale, at the 2025 homestead rate of 36.88 mills for Waterford Twp and Waterford 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
Similar homes in Waterford
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