Sold
1218 Waterways Drive, Ann Arbor, MI 48108
Sold on 07/16/2025 for$700,000
MLS # 25021878 (Michigan Regional Information Center (MichRIC))
5 beds5 baths4,496 sqftBuilt 19980.96 acres
1 / 84
Listing Description
Offer deadline 6/23 at 5pm. Exceptional Home in The Waterways - Saline Schools, Scenic Setting, and Ideal Layout. Welcome to this beautifully updated 5-bedroom, 4 1/2 bath home in the highly sought-after Waterways community, nestled in a tranquil, wooded setting on just under an acre. Located in the award-winning Saline School District, this home offers space, comfort, and modern style just minutes from downtown Ann Arbor and Saline. The second level features four spacious bedrooms, including a luxurious primary suite with an updated bathroom, two walk-in closets, and serene backyard views. A charming princess suite includes its own private bath, while two additional bedrooms share a stylishly updated third full bathroom. The heart of the home is the updated kitchen with
Source: SparkMLS
About this home
5-bedroom, 5-bath, 4,496 sq ft home in Waterways in Ann Arbor built in 1998.
Closed at $700,000 (about $156/sq ft).
Property tax estimate: $12,305 per year ($1,025/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Fiber internet is available at this address with download speeds up to 5,120 Mbps across 9 providers. Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Tour
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms5
Bathrooms5
Living Area4,496 sqft
Lot Size0.96 acres
Year Built1998
Stories2
Location
CityAnn Arbor
MunicipalityPittsfield Charter Twp
Zip Code48108
CountyWashtenaw
School DistrictSaline Area Schools
Construction & Systems
StyleColonial
ConstructionBrick, Vinyl Siding
BasementDaylight, Full, Walk-Out Access
Garage3 spaces
HeatingForced Air
WaterPublic
SewerPublic
UtilitiesNatural Gas Connected
InteriorCeiling Fan(s), Broadband, Central Vacuum, Garage Door Opener, Center Island, Eat-in Kitchen, Pantry
Sale & Financing
Listed5/15/2025
Sold Date7/15/2025
Original Price$876,000
Terms AcceptedCash, Conventional
Concessions$6,000
Source: SparkMLS
Tax Information
Annual Tax$12,305
Tax Year2025
Assessed Value$317,624
Parcel #L1220205091
Source: SparkMLS
Legal Description
Unit 91 The Waterways Condo
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Kim Peoples
The Charles Reinhart Company
Frequently Asked Questions about 1218 Waterways Drive, Ann Arbor, MI 48108
What school district is 1218 Waterways Drive, Ann Arbor, MI 48108 in?
Per MLS# 25021878, this property is served by Saline Area Schools. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 25021878, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 25021878, the most recent reported annual property tax for 1218 Waterways Drive, Ann Arbor, MI 48108 is $12,305 (2025). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 1218 Waterways Drive, Ann Arbor, MI 48108 eligible for USDA financing?
Per USDA Rural Development boundary data, 1218 Waterways Drive, Ann Arbor, MI 48108 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 1218 Waterways Drive, Ann Arbor, MI 48108 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Is fiber internet available at 1218 Waterways Drive, Ann Arbor, MI 48108?
Per FCC broadband data, this property has access to fiber internet service. The maximum advertised download speed is 5.1 Gbps. 9 internet providers serve this address. Confirm availability and speeds directly with providers.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Washtenaw County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
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Monthly payment$4,540
Principal & interest$4,540
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
5.1 Gbps
Upload
5.1 Gbps
FiberCableGSO SatelliteUnlicensed Fixed WirelessSatelliteLicensed Fixed WirelessDSL
9 providers at this address
Metronet HoldingsFiber
5.1 GbpsXfinityCable
2 GbpsStarlinkGSO Satellite
280 MbpsMercury FiberUnlicensed Fixed Wireless
150 MbpsHughesNetSatellite
100 MbpsT-MobileLicensed Fixed Wireless
100 MbpsViasat IncSatellite
100 MbpsAT&TDSL
75 MbpsAT&TLicensed Fixed Wireless
25 MbpsFCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
1218 Waterways Drive, Ann Arbor, MI 48108
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Neighborhood
Waterways
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Community
Ann Arbor
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County
Washtenaw County
View county overview →
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