Sold
7704 Lake Ridge Drive, Waterford, MI 48327
Sold on 08/05/2025 for$182,000
MLS # 20251016501 (Realcomp)
2 beds2 baths990 sqftBuilt 1988
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Listing Description
Welcome to this clean, cozy, and fully updated condo in the highly desirable Lake Ridge community of Waterford! Recently renovated in 2022, this home has been professionally maintained and staged for today's buyer.Step inside to discover beautiful hardwood and laminate flooring, and a stylishly updated fireplace that adds warmth and charm to the living space. Featuring 2 spacious bedrooms and 2 modern, fully renovated bathrooms, this unit also offers new mechanicals, including a furnace, A/C, and water heater — ensuring year-round comfort and peace of mind.Enjoy the bright, open-concept layout, sun-filled dining and living area, and a private patio perfect for morning coffee or evening relaxation. The modern kitchen features stainless steel appliances and a smart, functional layout. Additional perks include in-unit laundry, ample storage, and low-maintenance living.Conveniently located near shopping, dining, parks, and major highways — this home offers the perfect combination of comfort, location, and value.Seller is highly motivated — bring all offers! Don’t miss this opportunity — schedule your showing today!
Source: SparkMLS
About this home
2-bedroom, 2-bath, 990 sq ft home in Waterford Township in Waterford built in 1988.
Final sale price: $182,000 (about $184/sq ft).
Property tax estimate: $2,394 per year ($200/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 SubtypeCondominium
Bedrooms2
Bathrooms2
Living Area990 sqft
Year Built1988
Stories2
Location
CityWaterford
MunicipalityWaterford Twp
Zip Code48327
CountyOakland
School DistrictWaterford
Construction & Systems
ConstructionBrick, Vinyl Siding
Garage1 space
HeatingForced Air
WaterPublic
SewerPublic
InteriorHumidifier
Sale & Financing
Listed7/10/2025
Sold Date8/4/2025
Original Price$179,800
Terms AcceptedCash, Conventional, FHA
HOA
HOA Fee$393 / Monthly
IncludesLawn/Yard Care, Snow Removal, Water
Source: SparkMLS
Tax Information
Annual Tax$2,422
State Equalized Value$78,730
Taxable Value$68,530
Parcel #1331377003
Source: Public Records
Legal Description
T3N, R9E, SEC 31 OAKLAND COUNTY CONDOMINIUM PLAN NO 530 LAKE RIDGE UNIT 3, BLDG 1 L 10306 P 315 2-18-88 FR 351-032 & 091
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Sarmad Jarwa-Yousuf
Real Estate One-Sterling Heights
Frequently Asked Questions about 7704 Lake Ridge Drive, Waterford, MI 48327
What school district is 7704 Lake Ridge Drive, Waterford, MI 48327 in?
Per MLS# 20251016501, 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# 20251016501, 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# 20251016501, the most recent reported annual property tax for 7704 Lake Ridge Drive, Waterford, MI 48327 is $2,422. 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 7704 Lake Ridge Drive, Waterford, MI 48327 eligible for USDA financing?
Per USDA Rural Development boundary data, 7704 Lake Ridge 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, 7704 Lake Ridge 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.
Map
Tax Estimate
$
Annual tax$2,394
Monthly$200
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$1,747
Principal & interest$1,154
Property taxes$200
HOA$393
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
7704 Lake Ridge Drive, Waterford, MI 48327
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Municipality
Waterford Township
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County
Oakland County
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