For Sale
7736 Lake Ridge Drive, Waterford, MI 48327
$175,000
MLS # 20261037387 (Realcomp)
2 beds2 baths990 sqftBuilt 1988
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Listing Description
Get ready to fall head over heels for this ready-to-move-in condominium at 7736 Lake Ridge Drive in Waterford. This colonial condo is just the spot you are looking for to start fresh as a new home owner or to downsize for simpler maintenance. attached garage gives you peace of mind and safety coming home at night. Step right in to your kitchen and dinning area and enjoy all the natural light from the large door wall. This home flows from one room to the next as you wrap around in the the living room, with a gas fire place welcoming you in. up stairs you have a large primary bedroom, ample storage space with a walk in closet and shelving organizers. second bedroom is the perfect space for an an home office or place for guest to stay. The open basement with high ceilings and lots of potential is ready for you to make it in to the best room of the house. A game room, maybe a gym, or even a giant library. This is a non smoking home that is clean and ready for you. the patio outside is a little nook to enjoy nature or plant a garden.
Source: SparkMLS
About this home
Located in Waterford Township in Waterford, this property offers 2-bedroom, 2-bath, 990 sq ft, with original construction dating to 1988.
Listed at $175,000 (about $177/sq ft).
Annual property taxes run approximately $2,401 ($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
ConstructionAluminum Siding
BasementSlab
Garage1 space
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed5/23/2026
Original Price$180,000
Terms AcceptedCash, Conventional, FHA, VA Loan
HOA
HOA Fee$292 / Monthly
IncludesLawn/Yard Care, Sewer, Snow Removal, Water
Source: SparkMLS
Tax Information
Annual Tax$3,122
State Equalized Value$78,950
Taxable Value$78,950
Parcel #1331377059
Source: Public Records
Legal Description
T3N, R9E, SEC 31 OAKLAND COUNTY CONDOMINIUM PLAN NO 530 LAKE RIDGE UNIT 59, BLDG 15 L 10306 P 315 9-12-88 FR 351-023,024,039 040 & 093
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Heather Kassab Linton
Real Estate One-Commerce
Frequently Asked Questions about 7736 Lake Ridge Drive, Waterford, MI 48327
Which school district serves 7736 Lake Ridge Drive, Waterford, MI 48327?
Per MLS# 20261037387, 7736 Lake Ridge Drive, 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.
Can I use FHA or VA financing for this property?
Per MLS# 20261037387, this listing accepts Cash, Conventional, FHA, VA Loan financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 7736 Lake Ridge Drive, Waterford, MI 48327?
Per public tax records, annual property taxes for this property are $3,122. 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, 7736 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.
Is 7736 Lake Ridge Drive, 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 utilities serve 7736 Lake Ridge Drive, 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$2,401
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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Monthly payment$1,627
Principal & interest$1,135
Property taxes$200
HOA$292
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
7736 Lake Ridge Drive, Waterford, MI 48327
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Municipality
Waterford Township
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County
Oakland County
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