Sold
5506 Cruse Avenue, Waterford, MI 48327
Sold on 04/03/2026 for$345,000
MLS # 20251053842 (Realcomp)
4 beds3 baths2,566 sqftBuilt 19510.65 acres
1 / 46
Listing Description
Opportunity Awaits! Unique Mid Century Modern Elements. Waterford Township along with buildable lot(s). 3-5 bedroom home with spacious rooms, Two natural fireplaces (Living room and LL family room). Hardwood flooring is in excellent condition. Sun-drenched Upper level could become an amazing Owners suite with its own balcony overlooking the back yard. Basement is partially finished and includes one of the two fireplaces. Vacant lots included with sale T3N, R9E, Sec 21 Crescent Lake Country Club Sub Lots 10, 11 & 12 BLK 10 9-18-90 FR 031 &032 ( property ID 1321451034) Check with Waterford Township for specifications regarding building on vacant lot(s). May be possible to add a pole barn for the car buff. Lake privileges are voluntary for lake access onto Crescent Lake. Fenced beach on Elizabeth Lake road close to public launch. Immediate possession!
Source: SparkMLS
About this home
Located in Waterford Township in Waterford, this property offers 4-bedroom, 3-bath, 2,566 sq ft, with original construction dating to 1951.
This home sold for $345,000 (about $134/sq ft).
Estimated annual property tax: $3,901, or about $325 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. Fiber internet is available at this address with download speeds up to 5,000 Mbps across 9 providers.
Tour
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms4
Bathrooms3
Living Area2,566 sqft
Lot Size0.65 acres
Year Built1951
Stories2
Location
CityWaterford
MunicipalityWaterford Twp
Zip Code48327
CountyOakland
School DistrictWaterford
Construction & Systems
BasementPartial
Garage2.5 spaces
HeatingForced Air, Space Heater
SewerPublic
InteriorBasement Partially Finished, Home Warranty
Sale & Financing
Listed11/16/2025
Sold Date4/2/2026
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$2,602
State Equalized Value$128,300
Taxable Value$60,840
Parcel #1321451009
Source: Public Records
Legal Description
T3N, R9E, SEC 21 CRESCENT LAKE COUNTRY CLUB SUB LOTS 13 & 14, ALSO 1/2 OF LOT 15 BLK10
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Denise Misaras
Howard Hanna Clarkston
Frequently Asked Questions about 5506 Cruse Avenue, Waterford, MI 48327
Which school district serves 5506 Cruse Avenue, Waterford, MI 48327?
Per MLS# 20251053842, 5506 Cruse Avenue, 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.
What type of financing is accepted for this listing?
Per MLS# 20251053842, 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 5506 Cruse Avenue, Waterford, MI 48327?
Per public tax records, annual property taxes for this property are $2,602. 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, 5506 Cruse Avenue, 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 5506 Cruse Avenue, 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 5506 Cruse Avenue, 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 5506 Cruse Avenue, Waterford, MI 48327?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Sewer: 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$3,901
Monthly$325
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$2,595
Principal & interest$2,269
Property taxes$325
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
5506 Cruse Avenue, Waterford, MI 48327
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Municipality
Waterford Township
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County
Oakland County
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