Sold
5496 Elizabeth Lake Road, Waterford, MI 48327
Sold on 07/25/2025 for$225,000
MLS # 20251008225 (Realcomp)
3 beds1 bath960 sqftBuilt 19870.16 acres
1 / 37
Listing Description
This well maintained ranch is ready for you to move in and start living! Upon entry you'll find a spacious living room leading to your large eat in kitchen with a breakfast bar and sliding doorwall leading out to your rear deck! Kitchen offers plenty of stoarge and prep space too! Down the hallway you'll find your laundry room, full bathroom, two nice sized bedrooms as well as the third primary bedroom with another doorwall leading to your rear deck! In the backyard you'll find a 2017 Viking hot tub off the deck for conveient relaxing enjoyment! Oversized 2.5 car garage with plenty of room for a small workshop perhaps. Home is built on a 4ft approx tall crawl space with room for storage possibly! Occupancy at close. There’s 2 crescent lake associations for a fee. One has weekend docking only available, please verify the association info. This home won't last long!!
Source: SparkMLS
About this home
Located in Waterford Township in Waterford, this property offers 3-bedroom, 1-bath, 960 sq ft, with original construction dating to 1987.
Final sale price: $225,000 (about $234/sq ft).
Annual property taxes run approximately $3,072 ($256/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
Bedrooms3
Bathrooms1
Living Area960 sqft
Lot Size0.16 acres
Year Built1987
Stories1
Location
CityWaterford
MunicipalityWaterford Twp
Zip Code48327
CountyOakland
School DistrictWaterford
Construction & Systems
ConstructionVinyl Siding
BasementCrawl Space
Garage2.5 spaces
HeatingForced Air
WaterPublic
SewerPublic
InteriorHot Tub Spa
Sale & Financing
Listed6/12/2025
Sold Date7/24/2025
Original Price$249,900
Terms AcceptedCash, Conventional, FHA
HOA
HOA Fee$100
Source: SparkMLS
Tax Information
Annual Tax$1,800
State Equalized Value$101,020
Taxable Value$50,930
Parcel #1321454038
Source: Public Records
Legal Description
T3N, R9E, SEC 21 CRESCENT LAKE COUNTRY CLUB SUB LOT 18, ALSO W 20 FT OF LOT 19 BLK 15 8/13/87 FR 015 & 016
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Lisa K Benfield
Millennium Prop & Mgt Co LLC
Frequently Asked Questions about 5496 Elizabeth Lake Road, Waterford, MI 48327
Which school district serves 5496 Elizabeth Lake Road, Waterford, MI 48327?
Per MLS# 20251008225, 5496 Elizabeth Lake Road, Waterford, MI 48327 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.
Can I use FHA or VA financing for this property?
Per MLS# 20251008225, this listing accepts Cash, Conventional, FHA 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 5496 Elizabeth Lake Road, Waterford, MI 48327?
Per public tax records, annual property taxes for this property are $1,800. 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, 5496 Elizabeth Lake 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.
Is 5496 Elizabeth Lake Road, Waterford, MI 48327 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 5496 Elizabeth Lake Road, Waterford, MI 48327. 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 5496 Elizabeth Lake Road, Waterford, MI 48327?
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$3,072
Monthly$256
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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%
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Monthly payment$1,847
Principal & interest$1,491
Property taxes$256
HOA$100
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
5496 Elizabeth Lake Road, Waterford, MI 48327
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Municipality
Waterford Township
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County
Oakland County
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