Sold
7053 Magnolia Lane, Waterford, MI 48327
Sold on 01/26/2026 for$235,000
MLS # 20251049931 (Realcomp)
2 beds2 baths1,150 sqftBuilt 20030 acres
1 / 19
Listing Description
This beautiful 2 bedroom, 2 bath, ranch condo located in Magnolia Park is ready for you! You will find this home to be in pristine condition and offering all the comforts for easy living! The open floor plan is perfect for your gatherings. The Great Room includes a beautiful gas fireplace with mantel, and a door wall leading to your own private deck. The kitchen boosts plenty of white cabinets, and gorgeous granite counters, along with snack bar seating. A dining area completes the area. The primary bedroom offers a double closet and ensuite bath with a tub. Plantation shutters grace the bedroom windows. The second full bath offers a convenient shower. You will enjoy the convenience of a first floor Laundry. This home has an attached 1 car garage and a full basement. The basement offers 9 ft ceiling and is ready for you to make it your way. Endless Possibilities! New Furnace 2021. Don't miss this opportunity! Make this your home!
Source: SparkMLS
About this home
This 2-bedroom, 2-bath, 1,150 sq ft home built in 2003 sits in Waterford Township in Waterford.
Closed at $235,000 (about $204/sq ft).
Property tax estimate: $3,106 per year ($259/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Broadband is available with download speeds up to 1,200 Mbps from 8 providers. Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms2
Bathrooms2
Living Area1,150 sqft
Year Built2003
Stories1
Location
CityWaterford
MunicipalityWaterford Twp
Zip Code48327
CountyOakland
School DistrictWaterford
Construction & Systems
ConstructionAluminum Siding, Brick, Vinyl Siding
Garage1 space
HeatingForced Air
SewerPublic
Sale & Financing
Listed10/29/2025
Sold Date1/25/2026
Terms AcceptedCash, Conventional
HOA
HOA Fee$240 / Monthly
IncludesLawn/Yard Care, Sewer, Snow Removal, Trash, Water
Source: SparkMLS
Tax Information
Annual Tax$3,144
State Equalized Value$102,130
Taxable Value$88,950
Parcel #1331427012
Source: Public Records
Legal Description
T3N, R9E, SEC 31 OAKLAND COUNTY CONDOMINIUM PLAN NO 1429 MAGNOLIA PARK CONDO UNIT 12 L 25303 P 830 4-8-02 FR 476-001
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Susan L Miller
National Realty Centers, Inc
Frequently Asked Questions about 7053 Magnolia Lane, Waterford, MI 48327
What school district is 7053 Magnolia Lane, Waterford, MI 48327 in?
Per MLS# 20251049931, this property is served by Waterford. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 20251049931, 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# 20251049931, the most recent reported annual property tax for 7053 Magnolia Lane, Waterford, MI 48327 is $3,144. 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 7053 Magnolia Lane, Waterford, MI 48327 eligible for USDA financing?
Per USDA Rural Development boundary data, 7053 Magnolia Lane, 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, 7053 Magnolia Lane, 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 7053 Magnolia Lane, Waterford, MI 48327?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 7053 Magnolia Lane, 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.
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. 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$3,106
Monthly$259
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$2,049
Principal & interest$1,550
Property taxes$259
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
7053 Magnolia Lane, Waterford, MI 48327
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Municipality
Waterford Township
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County
Oakland County
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