Sold
5540 River Park Drive, Waterford, MI 48327
Sold on 02/09/2026 for$386,000
MLS # 20251023962 (Realcomp)
3 beds4 baths2,949 sqftBuilt 2004
1 / 40
Listing Description
Welcome to this beautifully maintained detached condo offering low-maintenance living with the comfort and space of a traditional home. Enjoy peace of mind with NEW GUTTERS, NEW FURNACE, NEW A/C, and NEW RADON MITIGATION SYSTEM, all just 2 years old, plus a washer and dryer (also 2 years old) included in the sale. Ideally located at the Cass Elizabeth and Cooley Lake junction, you’re just minutes from parks, lakes, dining, and everyday amenities—a perfect blend of convenience and lifestyle.Featuring a main-level primary suite with direct access to the rear deck, ideal for morning coffee or relaxing evenings. The sun-soaked breakfast nook, and open-concept flow create a warm, welcoming atmosphere throughout. UPDATED BLINDS throughout ($20,000+ upgrade!)Downstairs, the finished basement adds fantastic flexibility with a full bath, a dedicated office or craft space, and ample room to entertain or unwind. Upstairs, you'll find two bedrooms and an extra full bath, ideal for guests or additional family.Even better? All furnishings and personal property are negotiable, making this an easy move-in-ready opportunity.Whether you’re looking to simplify, downsize, or find a turnkey second home, this condo checks all the boxes!A licensed Michigan Realtor must be present for the duration of all showings and appointments. BATVAI.
Source: SparkMLS
About this home
3-bedroom, 4-bath, 2,949 sq ft home in Waterford Township in Waterford built in 2004.
Final sale price: $386,000 (about $131/sq ft).
Estimated annual property tax: $5,716, or about $476 monthly. Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Fiber internet is available at this address with download speeds up to 5,000 Mbps across 9 providers. Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms3
Bathrooms4
Living Area2,949 sqft
Year Built2004
Stories2
Location
CityWaterford
MunicipalityWaterford Twp
Zip Code48327
CountyOakland
School DistrictWaterford
Construction & Systems
ConstructionBrick
Garage2 spaces
HeatingForced Air
WaterPublic
InteriorBasement Finished, Basement Plumbed for Bath, Security System
Sale & Financing
Listed8/7/2025
Sold Date2/8/2026
Original Price$445,000
Terms AcceptedCash, Conventional
HOA
HOA Fee$200 / Monthly
IncludesLawn/Yard Care, Snow Removal
Source: SparkMLS
Tax Information
Annual Tax$6,449
State Equalized Value$187,980
Taxable Value$187,980
Parcel #1333126047
Source: Public Records
Legal Description
T3N, R9E, SEC 33 OAKLAND COUNTY CONDOMINIUM PLAN NO 1523 RIVER PARK UNIT 12 L 28661 P 067 4-3-03 FR 006
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Lauren Fortinberry
Century 21 Professionals Clarkston
Frequently Asked Questions about 5540 River Park Drive, Waterford, MI 48327
What school district is 5540 River Park Drive, Waterford, MI 48327 in?
Per MLS# 20251023962, this property is served by Waterford. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 5540 River Park Drive, Waterford, MI 48327?
Per MLS# 20251023962, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20251023962, the most recent reported annual property tax for 5540 River Park Drive, Waterford, MI 48327 is $6,449. 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 5540 River Park Drive, Waterford, MI 48327 eligible for USDA financing?
Per USDA Rural Development boundary data, 5540 River Park Drive, 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, 5540 River Park Drive, 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.
Is fiber internet available at 5540 River Park Drive, Waterford, MI 48327?
Per FCC broadband data, this property has access to fiber internet service. The maximum advertised download speed is 5.0 Gbps. 9 internet providers serve this address. Confirm availability and speeds directly with providers.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. 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$5,716
Monthly$476
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$3,238
Principal & interest$2,562
Property taxes$476
HOA$200
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 SatelliteDSLSatellite
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
5540 River Park Drive, Waterford, MI 48327
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Municipality
Waterford Township
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County
Oakland County
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