Sold
7040 Villa Drive, 8, Waterford, MI 48327
Sold on 06/06/2024 for$104,900
MLS # 20240024347 (Realcomp)
2 beds1 bath907 sqftBuilt 1969
1 / 27
Listing Description
Just reduced! Totally updated 2 bedroom, 1 bath upper level condo with an open concept floor plan located in the highly sought after Villas On The Hill neighborhood! Brand new kitchen w/light grey shaker style cabinetry, granite tops, white subway tile back splash, luxury vinyl plank flooring & appliances that stay! Large dining rm! Spacious living rm w/huge 9 foot door wall leading to the private balcony, brand new air conditioning unit & newer carpeting which continues through the hallway & bedrooms! Updated main bath with a premium maple vanity, granite counter top, tiled shower surround & luxury vinyl plank flooring! 2 generous bedrooms; the master features a large walk in closet! Assigned carport parking! Private storage unit in the basement along w/coin operated laundry facilities! Low association dues include water; owner only pays for electricity! Perfect for the 1st time buyer or investor looking for a turn key property!
Source: SparkMLS
About this home
Located in Waterford Township in Waterford, this property offers 2-bedroom, 1-bath, 907 sq ft, with original construction dating to 1969.
This home sold for $104,900 (about $116/sq ft).
Annual property taxes run approximately $1,646 ($137/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. Broadband is available with download speeds up to 1,200 Mbps from 8 providers.
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms2
Bathrooms1
Living Area907 sqft
Year Built1969
Stories1
Location
CityWaterford
MunicipalityWaterford Twp
Zip Code48327
CountyOakland
School DistrictWaterford
Construction & Systems
ConstructionBrick
HeatingBaseboard
WaterPublic
SewerPublic
Sale & Financing
Listed4/15/2024
Sold Date6/5/2024
Original Price$114,900
Terms AcceptedCash, Conventional
HOA
HOA Fee$240 / Monthly
IncludesLawn/Yard Care, Sewer, Snow Removal, Trash, Water
Source: SparkMLS
Tax Information
Annual Tax$1,630
State Equalized Value$54,130
Taxable Value$54,130
Parcel #1331476049
Source: Public Records
Legal Description
T3N, R9E, SEC 31 OAKLAND COUNTY CONDOMINIUM PLAN NO 283 THE VILLAS ON THE HILL BLDG 4, UNIT 32 L 7699 P 688
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Jason I Minnick
Market Elite Inc
Frequently Asked Questions about 7040 Villa Drive, 8, Waterford, MI 48327
Which school district serves 7040 Villa Drive, 8, Waterford, MI 48327?
Per MLS# 20240024347, 7040 Villa Drive, 8, 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# 20240024347, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 7040 Villa Drive, 8, Waterford, MI 48327?
Per public tax records, annual property taxes for this property are $1,630. 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, 7040 Villa Drive, 8, 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 7040 Villa Drive, 8, 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 not currently available at 7040 Villa Drive, 8, Waterford, MI 48327. The maximum advertised download speed is 1.2 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 7040 Villa Drive, 8, 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$1,646
Monthly$137
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$1,058
Principal & interest$680
Property taxes$137
HOA$240
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
1.2 Gbps
Upload
35 Mbps
CableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
8 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
7040 Villa Drive, 8, Waterford, MI 48327
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Municipality
Waterford Township
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County
Oakland County
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