Sold
5850 Eldridge Drive, Waterford, MI 48327
Sold on 06/17/2026 for$242,000
MLS # 20261034910 (Realcomp)
3 beds2 baths1,325 sqftBuilt 19570.34 acres
1 / 25
Listing Description
One of the best values in Waterford! This charming 3-bedroom ranch has been lovingly owned and cared for by the same family since it was built. Now it’s ready for a new chapter—perfect for creating lasting memories in a warm, welcoming home. Situated on a double lot on a quiet street, the home features a spacious, fully fenced backyard ideal for family gatherings, backyard games, and cozy fall nights roasting marshmallows around the fire. The covered patio offers a great spot to enjoy the outdoors regardless of sun or rain. For a reasonable yearly fee, residents enjoy access to a huge private beach on all-sports Crescent Lake—perfect for kayaking, fishing, swimming, and letting the kids play. Knudson Elementary is just two blocks away, making this an ideal location for families. The attached garage is truly oversized, easily fitting two full-size trucks or SUVs with plenty of room left for tools, toys, and storage. Inside, the main floor offers comfortable living with carpet over hardwood floors throughout. The coved ceilings and arched openings add a nice touch to the living areas. The kitchen features re-faced oak cabinets and a wonderful view of the private backyard. The bright family room, with generous windows overlooking the yard, is the perfect space for movie nights and family time. Downstairs, the dry basement provides excellent potential for additional living space or storage and includes a convenient bathroom with shower. Bring your decorating ideas and personal touches to make this house your own. You’ll feel the care and love the moment you walk through the door.
Source: SparkMLS
About this home
This 3-bedroom, 2-bath, 1,325 sq ft home built in 1957 sits in Waterford Township in Waterford.
Closed at $242,000 (about $183/sq ft).
Property tax estimate: $3,695 per year ($308/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.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms2
Living Area1,325 sqft
Lot Size0.34 acres
Year Built1957
Stories1
Location
CityWaterford
MunicipalityWaterford Twp
Zip Code48327
CountyOakland
School DistrictWaterford
Construction & Systems
ConstructionVinyl Siding
BasementSlab
Garage2.5 spaces
HeatingBaseboard, Hot Water
WaterPublic
SewerPublic
InteriorBasement Plumbed for Bath, Water Softener/Owned
Sale & Financing
Listed5/13/2026
Sold Date6/16/2026
Terms AcceptedCash, Conventional, FHA
Source: SparkMLS
Tax Information
Annual Tax$1,988
State Equalized Value$121,520
Taxable Value$55,310
Parcel #1328154026
Source: Public Records
Legal Description
T3N, R9E, SEC 28 CRESCENT LAKE ESTATES NO 1 LOTS 522 & 523
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Jim Vitasinsky
National Realty Centers, Inc
Frequently Asked Questions about 5850 Eldridge Drive, Waterford, MI 48327
What school district is 5850 Eldridge Drive, Waterford, MI 48327 in?
Per MLS# 20261034910, this property is served by Waterford. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What type of financing is accepted for this listing?
Per MLS# 20261034910, the seller has indicated this property accepts the following financing types: Cash, Conventional, FHA. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261034910, the most recent reported annual property tax for 5850 Eldridge Drive, Waterford, MI 48327 is $1,988. 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 5850 Eldridge Drive, Waterford, MI 48327 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 5850 Eldridge 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.
Who are the utility providers for this property?
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.
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.
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Tax Estimate
$
Annual tax$3,695
Monthly$308
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$1,923
Principal & interest$1,615
Property taxes$308
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
5850 Eldridge Drive, Waterford, MI 48327
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Municipality
Waterford Township
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County
Oakland County
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