Sold
4241 Island Park Drive, Waterford, MI 48329
Sold on 06/29/2026 for$430,000
MLS # 20261030838 (Realcomp)
3 beds3 baths2,600 sqftBuilt 20040.22 acres
1 / 49
Listing Description
Welcome to this beautifully updated 3-bedroom, 2.5-bath home offering approximately 2,600 sq ft of comfortable living space in desirable Waterford with lake access to all-sports Woodhull Lake! This move-in-ready home features spacious living areas, a finished basement perfect for entertaining or additional living space, and updated bathrooms with modern finishes throughout. Enjoy the convenience of main floor laundry, an oversized 2-car garage with plenty of storage space, and peace of mind with a new furnace and A/C installed in 2024. Whether you're relaxing at home or taking advantage of lake access for boating, kayaking, and year-round recreation, this property offers the perfect blend of comfort, updates, and lifestyle. **Multiple offers received, highest and best due by Sunday 5/17 at 9am.**
Source: SparkMLS
About this home
3-bedroom, 3-bath, 2,600 sq ft home in Waterford Township in Waterford built in 2004.
This home sold for $430,000 (about $165/sq ft).
Annual property taxes run approximately $5,919 ($493/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
Bathrooms3
Living Area2,600 sqft
Lot Size0.22 acres
Year Built2004
Stories2
Location
CityWaterford
MunicipalityWaterford Twp
Zip Code48329
CountyOakland
School DistrictWaterford
Construction & Systems
ConstructionBrick, Wood Siding
BasementWalk-Out Access
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
InteriorBasement Finished
Sale & Financing
Listed5/12/2026
Sold Date6/28/2026
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$3,285
State Equalized Value$194,650
Taxable Value$91,430
Parcel #1303252065
Source: Public Records
Legal Description
T3N, R9E, SEC 3 EYSTER'S WOODHULL LAKE FARMS PART OF LOT 53 BEG AT PT DIST N 71-35-00 W 70 FT FROM NE LOT COR, TH S 17-37-40 W 140.02 FT, TH N 71-35-00 W 70 FT, TH N 17-37-40 E 140.02 FT, TH S 71-35-00 E 70 FT TO BEG 4-16-03 FR 013
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Jada Stephenson
EXP Realty Romeo
Frequently Asked Questions about 4241 Island Park Drive, Waterford, MI 48329
What school district is 4241 Island Park Drive, Waterford, MI 48329 in?
Per MLS# 20261030838, this property is served by Waterford. 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# 20261030838, the seller has indicated this property accepts the following financing types: Cash, Conventional, FHA, VA Loan. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261030838, the most recent reported annual property tax for 4241 Island Park Drive, Waterford, MI 48329 is $3,285. 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 4241 Island Park Drive, Waterford, MI 48329 eligible for USDA financing?
Per USDA Rural Development boundary data, 4241 Island Park Drive, 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.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 4241 Island Park Drive, Waterford, MI 48329 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.
Who are the utility providers for this property?
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.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Oakland County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
Map
Tax Estimate
$
Annual tax$5,919
Monthly$493
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$2,990
Principal & interest$2,497
Property taxes$493
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
4241 Island Park Drive, Waterford, MI 48329
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Municipality
Waterford Township
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County
Oakland County
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