For Sale
5028 Pheasant Road, Waterford, MI 48327
$227,995
MLS # 20261045905 (Realcomp)
2 beds2 baths1,197 sqftBuilt 19490.21 acres
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Listing Description
This beautiful home is a wonderful place to live, offering comfort, convenience, and great value. Situated on a spacious corner lot near Crescent Lake, the property features approximately 1,197 square feet of living space, a recently updated kitchen and bathrooms with all new flooring and a two-car garage. The single-story layout provides easy living, while the generous yard offers plenty of space for relaxation, entertaining, or family activities. Its location in a quiet residential neighborhood combines a peaceful setting with convenient access to local amenities, shopping, schools, and recreation. Whether you're a first-time home buyer, downsizing, or looking for a solid investment opportunity, this charming home has plenty to offer.
Source: SparkMLS
About this home
2-bedroom, 2-bath, 1,197 sq ft home in Waterford Township in Waterford built in 1949.
Asking $227,995 (about $190/sq ft).
Estimated annual property tax: $2,647, or about $221 monthly. 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
Bedrooms2
Bathrooms2
Living Area1,197 sqft
Lot Size0.21 acres
Year Built1949
Stories1
Location
CityWaterford
MunicipalityWaterford Twp
Zip Code48327
CountyOakland
School DistrictWaterford
Construction & Systems
ConstructionVinyl Siding
BasementSlab
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed6/15/2026
Original Price$252,995
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$2,249
State Equalized Value$87,040
Taxable Value$37,330
Parcel #1321427075
Source: Public Records
Legal Description
T3N, R9E, SEC 21 PHEASANT RIDGE LOT 14, ALSO S 32.85 FT OF LOT 15 1-19-06 FR 025 & 026
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Alexander Kallo
ICON Realty Experts, LLC
Frequently Asked Questions about 5028 Pheasant Road, Waterford, MI 48327
What school district is 5028 Pheasant Road, Waterford, MI 48327 in?
Per MLS# 20261045905, 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# 20261045905, 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# 20261045905, the most recent reported annual property tax for 5028 Pheasant Road, Waterford, MI 48327 is $2,249. 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 5028 Pheasant Road, Waterford, MI 48327 eligible for USDA financing?
Per USDA Rural Development boundary data, 5028 Pheasant Road, Waterford, MI 48327 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, 5028 Pheasant Road, Waterford, MI 48327 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$2,647
Monthly$221
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$1,699
Principal & interest$1,479
Property taxes$221
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
5028 Pheasant Road, Waterford, MI 48327
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Municipality
Waterford Township
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County
Oakland County
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