Sold
15724 Waterloo Road, Grass Lake, MI 49240
Sold on 10/17/2025 for$204,900
MLS # 25046929 (Michigan Regional Information Center (MichRIC))
2 beds2 baths1,736 sqftBuilt 19750.5 acres
1 / 18
Listing Description
Great investment opportunity or first time homebuyers for this 2 bed/2 bath ranch with full walk out basement on the Mill Pond! Located in the heart of Waterloo Rec area, enjoy the quiet waterfront with great fishing, just a short trip to town and Chelsea School District. Open kitchen/dining area with door wall to rear deck (needs work) overlooking the pond as well as ample living room and two main floor bedrooms and full bath. Walk out basement is a great opportunity for mother in law quarters with 2nd kitchen and 2nd full bath. Cozy brick wood burning fireplace in the family room & flex room for potential to be 3rd bedroom. Price reflects needed TLC, bring your ideas to bring it back to life and make it your own.
Source: SparkMLS
About this home
2-bedroom, 2-bath, 1,736 sq ft home in Waterloo Township in Grass Lake built in 1975.
Closed at $204,900 (about $118/sq ft).
Estimated annual property tax: $2,505, or about $209 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company. Fiber internet is available at this address with download speeds up to 1,000 Mbps across 7 providers.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms2
Bathrooms2
Living Area1,736 sqft
Lot Size0.5 acres
Year Built1975
Stories1
Location
CityGrass Lake
MunicipalityWaterloo Twp
Zip Code49240
CountyJackson
School DistrictChelsea School District
Construction & Systems
StyleRanch
ConstructionVinyl Siding, Other
BasementFull, Walk-Out Access
Garage2 spaces
HeatingForced Air
WaterWell
SewerSeptic Tank
UtilitiesNatural Gas Connected
InteriorCeiling Fan(s)
Sale & Financing
Listed9/12/2025
Sold Date10/16/2025
Terms AcceptedCash, Conventional
Concessions$6,100
Source: SparkMLS
Tax Information
Annual Tax$2,505
Tax Year2025
Assessed Value$77,753
Parcel #000-052540500400
Source: SparkMLS
Legal Description
SE 1/4 OF SEC 25 AND A PART OF THE PLAT OF WATERLOO VILLAGE WHICH SD ENTIRE PCL IS DESCD AS FOLLOWS ---LOT 1 BLK 14 ACCD TO SD PLAT ALSO BEG AT SW COR OF SD LOT TH W ALG N LN OF PEARL ST TO A PT D ISTANT 438 FT E OF N&S 1/4 LN OF SEC 25 TH N PAR WITH SD N&S 1/4 LN TO SHORE OF WATERLOO MILL POND TH ELY ALG SD SHORE LN TO A PT DIRECTLY N OF NE COR OF LOT 1 IN SD BLK 14 TH S TO NE COR OF SD LOT 1 TH
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Jeffrey Klink
The Charles Reinhart Company
Frequently Asked Questions about 15724 Waterloo Road, Grass Lake, MI 49240
Which school district serves 15724 Waterloo Road, Grass Lake, MI 49240?
Per MLS# 25046929, 15724 Waterloo Road, Grass Lake, MI 49240 is in the Chelsea School District boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Chelsea School District directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 25046929, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 15724 Waterloo Road, Grass Lake, MI 49240?
Per public tax records, annual property taxes for this property are $2,505 (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.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 15724 Waterloo Road, Grass Lake, MI 49240 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 15724 Waterloo Road, Grass Lake, MI 49240 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. 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.
What internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is available at 15724 Waterloo Road, Grass Lake, MI 49240. The maximum advertised download speed is 1.0 Gbps. 7 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 15724 Waterloo Road, Grass Lake, MI 49240?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: Consumers Energy Company. Sewer: Septic Tank. Water: Well. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the Waterloo Twp police department or the Jackson County sheriff's office.
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Monthly payment$1,297
Principal & interest$1,297
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Internet
FiberDownload
1 Gbps
Upload
1 Gbps
FiberLicensed Fixed WirelessGSO SatelliteUnlicensed Fixed WirelessSatellite
7 providers at this address
1 Gbps
VerizonLicensed Fixed Wireless
300 MbpsStarlinkGSO Satellite
280 MbpsMercury FiberUnlicensed Fixed Wireless
150 MbpsHughesNetSatellite
100 MbpsViasat IncSatellite
100 MbpsGreat Lakes High Speed LLCUnlicensed Fixed Wireless
30 MbpsFCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
Consumers Energy Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
15724 Waterloo Road, Grass Lake, MI 49240
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Municipality
Waterloo Township
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County
Jackson County
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