Sold
3557 Frankman Avenue, Waterford, MI 48329
Sold on 07/08/2026 for$267,000
MLS # 20261038643 (Realcomp)
3 beds1 bath1,520 sqftBuilt 19540.24 acres
1 / 27
Listing Description
Welcome to this well-kept 3-bedroom, 1-bath ranch nestled in a quiet Waterford neighborhood with lake privileges on all-sports Lake Oakland. Inside, you'll find a comfortable living room with a cozy double-sided fireplace, along with a recently added Bonus Room with a view of the fireplace - ideal for additional living space, a home office, family room, or den. The kitchen offers a functional layout complete with stainless steel appliances. Conveniently located just off Dixie Hwy, this home provides easy access to shopping, dining, and major commuter routes while offering the added benefit of lake living. A great opportunity to enjoy extra space and a convenient location with lake access nearby.
Source: SparkMLS
About this home
This 3-bedroom, 1-bath, 1,520 sq ft home built in 1954 sits in Waterford Township in Waterford.
Closed at $267,000 (about $176/sq ft).
Annual property taxes run approximately $3,136 ($261/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms1
Living Area1,520 sqft
Lot Size0.24 acres
Year Built1954
Stories1
Location
CityWaterford
MunicipalityWaterford Twp
Zip Code48329
CountyOakland
School DistrictWaterford
Construction & Systems
ConstructionBrick, Vinyl Siding
BasementCrawl Space
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed5/28/2026
Sold Date7/7/2026
Original Price$275,000
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$3,224
State Equalized Value$103,140
Taxable Value$89,210
Parcel #1302353020
Source: Public Records
Legal Description
T3N, R9E, SEC 2 KRIVETSKY'S LAKE OAKLAND SUB LOT 49 EXC S 6 FT & S 34 FT OF LOT 50
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Jacob Comfort
Real Broker, LLC Clarkston
Frequently Asked Questions about 3557 Frankman Avenue, Waterford, MI 48329
Which school district serves 3557 Frankman Avenue, Waterford, MI 48329?
Per MLS# 20261038643, 3557 Frankman Avenue, Waterford, MI 48329 is in the Waterford boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Waterford directly to confirm enrollment eligibility.
What type of financing is accepted for this listing?
Per MLS# 20261038643, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 3557 Frankman Avenue, Waterford, MI 48329?
Per public tax records, annual property taxes for this property are $3,224. 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, 3557 Frankman Avenue, Waterford, MI 48329 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.
Is 3557 Frankman Avenue, Waterford, MI 48329 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 utilities serve 3557 Frankman Avenue, Waterford, MI 48329?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Sewer: Public. Water: Public. 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 source. Oakland County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
Map
Tax Estimate
$
Annual tax$3,136
Monthly$261
Millage rate30.4079 mills
Municipality: CHARTER TOWNSHIP OF WATERFORD
School district: PONTIAC CITY SCHOOL DISTRICT
County: Oakland
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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Monthly payment$1,980
Principal & interest$1,719
Property taxes$261
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
3557 Frankman Avenue, Waterford, MI 48329
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Municipality
Waterford Township
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County
Oakland County
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