Pending
5382 Rural Terrace Court, Waterford, MI 48329
$335,000
MLS # 20261045895 (Realcomp)
3 beds3 baths2,500 sqftBuilt 20200.14 acres
1 / 35
Listing Description
Offer Deadline Sunday, June 21st at 5:00 PM. Welcome to 5382 Rural Terrace Court — a beautifully built 2020 home offering 1,800 square feet of modern, low-maintenance living in Waterford Township. With 3 bedrooms, 2.5 bathrooms, and a 2-car attached garage, this home delivers the comfort and convenience today's buyers are looking for, without the hassle of updating a thing. Step inside to an open-concept layout featuring luxury vinyl plank flooring throughout the entire first floor. The kitchen shines with grey shaker cabinets, stainless steel appliances, and a design that flows effortlessly into the living and dining spaces — perfect for everyday life and entertaining alike. Upstairs, the primary bedroom is generously sized and includes its own private full bathroom, offering a true retreat at the end of the day. The partially finished basement adds valuable bonus space, ideal for a home gym, playroom, or media area. Enjoy the luxury of a newer home where major updates simply aren't a concern for years to come. Conveniently located close to shopping, with easy access to Waterford's many parks, lakes, and outdoor recreation — including nearby Marshbank Park and Drayton Plains Nature Center. Schedule your showing today!
Source: SparkMLS
About this home
This 3-bedroom, 3-bath, 2,500 sq ft home built in 2020 sits in Waterford Township in Waterford.
Currently offered at $335,000 (about $134/sq ft).
Estimated annual property tax: $4,771, or about $398 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
Bedrooms3
Bathrooms3
Living Area2,500 sqft
Lot Size0.14 acres
Year Built2020
Stories2
Location
CityWaterford
MunicipalityWaterford Twp
Zip Code48329
CountyOakland
School DistrictWaterford
Construction & Systems
ConstructionVinyl Siding
BasementPartial
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
InteriorBasement Partially Finished
Sale & Financing
Listed6/16/2026
Terms AcceptedCash, Conventional, FHA, VA Loan
HOA
HOA Fee$60 / Quarterly
Source: SparkMLS
Tax Information
Annual Tax$6,968
State Equalized Value$156,900
Taxable Value$144,890
Parcel #1304254005
Source: Public Records
Legal Description
T3N, R9E, SEC 4 OAKLAND COUNTY CONDOMINIUM PLAN NO 2307 RURAL TERRACE UNIT 5 L 54513 P 432 7-21-20 FR 253-013
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Erik Wright
Social House Real Estate Group LLC
Frequently Asked Questions about 5382 Rural Terrace Court, Waterford, MI 48329
Which school district serves 5382 Rural Terrace Court, Waterford, MI 48329?
Per MLS# 20261045895, 5382 Rural Terrace Court, 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 financing options are available for 5382 Rural Terrace Court, Waterford, MI 48329?
Per MLS# 20261045895, this listing accepts Cash, Conventional, FHA, VA Loan financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 5382 Rural Terrace Court, Waterford, MI 48329?
Per public tax records, annual property taxes for this property are $6,968. 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, 5382 Rural Terrace Court, 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 5382 Rural Terrace Court, 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 5382 Rural Terrace Court, 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$4,771
Monthly$398
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$2,590
Principal & interest$2,173
Property taxes$398
HOA$20
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
5382 Rural Terrace Court, Waterford, MI 48329
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Municipality
Waterford Township
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County
Oakland County
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