Sold
5418 LOCKWOOD Drive, Waterford, MI 48329
Sold on 03/28/2025 for$310,000
MLS # 20250012806 (Realcomp)
4 beds3 baths2,599 sqftBuilt 19980.16 acres
1 / 1
Listing Description
Great open floor plan, offering high ceiling and tons of space for family fun and entertainment. The large back porch offers tons of outdoor space in the summer with an open yard for pets and children. The basement is finished and offers more space to relax and enjoy the home. Located close to the local schools, freeways and many amazing activities offered in this area. Many trails, lakes, parks are close by for year round enjoyment.
Source: SparkMLS
About this home
4-bedroom, 3-bath, 2,599 sq ft home in Waterford Township in Waterford built in 1998.
Final sale price: $310,000 (about $119/sq ft).
Annual property taxes run approximately $4,746 ($396/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. Fiber internet is available at this address with download speeds up to 5,000 Mbps across 9 providers.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms4
Bathrooms3
Living Area2,599 sqft
Lot Size0.16 acres
Year Built1998
Stories2
Location
CityWaterford
MunicipalityWaterford Twp
Zip Code48329
CountyOakland
School DistrictWaterford
Construction & Systems
ConstructionAluminum Siding
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
InteriorBasement Finished
Sale & Financing
Listed2/27/2025
Sold Date3/27/2025
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$3,776
State Equalized Value$156,080
Taxable Value$109,870
Parcel #1309377162
Source: Public Records
Legal Description
T3N, R9E, SEC 9 OAKLAND COUNTY CONDOMINIUM PLAN NO 1056 THE HILLS OF WATERFORD UNIT 162 L 17355 P 462 7-22-97 FR 376-002, 005,008& 401-002
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Richard Clark
Gateway Brokerage
Frequently Asked Questions about 5418 LOCKWOOD Drive, Waterford, MI 48329
Which school district serves 5418 LOCKWOOD Drive, Waterford, MI 48329?
Per MLS# 20250012806, 5418 LOCKWOOD Drive, 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# 20250012806, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 5418 LOCKWOOD Drive, Waterford, MI 48329?
Per public tax records, annual property taxes for this property are $3,776. 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, 5418 LOCKWOOD 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.
Is 5418 LOCKWOOD Drive, 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 internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is available at 5418 LOCKWOOD Drive, Waterford, MI 48329. The maximum advertised download speed is 5.0 Gbps. 9 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 5418 LOCKWOOD Drive, 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$4,746
Monthly$396
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$2,406
Principal & interest$2,011
Property taxes$396
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
5 Gbps
Upload
5 Gbps
FiberCableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
9 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
5418 LOCKWOOD Drive, Waterford, MI 48329
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Municipality
Waterford Township
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County
Oakland County
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