Sold
7747 Lake Ridge Drive, Waterford, MI 48327
Sold on 10/08/2025 for$170,000
MLS # 20251018687 (Realcomp)
2 beds2 baths1,500 sqftBuilt 1988
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Listing Description
Welcome to this beautifully maintained 2 bedroom, 1.5 bath condo located in the desirable Lake Ridge community in Waterford Township. This move-in ready home offers 1,000 square feet of finished living space with several updates completed in 2023, including vinyl plank flooring throughout the main living, dining, and kitchen areas, new bathroom tile, fresh interior paint, and kitchen improvements that add a modern touch. The spacious and open floor plan provides plenty of natural light and functional living space. The kitchen features ample cabinetry and flows seamlessly into the dining and living areas, perfect for everyday living and entertaining. The large primary bedroom offers a generous walk in closet, and the partially finished basement adds extra room for a additional living space, a home office, gym, or storage. Additional features include an attached 1 car garage, central air, natural gas, and public water and sewer. The HOA covers exterior maintenance, snow removal, landscaping, and water. Conveniently located near Cooley Lake Road with easy access to shopping, dining, parks, and more.
Source: SparkMLS
About this home
This 2-bedroom, 2-bath, 1,500 sq ft home built in 1988 sits in Waterford Township in Waterford.
Closed at $170,000 (about $113/sq ft).
Property tax estimate: $2,580 per year ($215/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.
Tour
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms2
Bathrooms2
Living Area1,500 sqft
Year Built1988
Stories2
Location
CityWaterford
MunicipalityWaterford Twp
Zip Code48327
CountyOakland
School DistrictWaterford
Construction & Systems
ConstructionBrick, Vinyl Siding
BasementPartial
Garage1 space
HeatingForced Air
SewerPublic
InteriorBasement Partially Finished
Sale & Financing
Listed7/18/2025
Sold Date10/7/2025
Original Price$178,900
Terms AcceptedCash, Conventional
HOA
HOA Fee$393 / Monthly
IncludesLawn/Yard Care, Snow Removal, Water
Source: SparkMLS
Tax Information
Annual Tax$2,739
State Equalized Value$84,860
Taxable Value$77,480
Parcel #1331377026
Source: Public Records
Legal Description
T3N, R9E, SEC 31 OAKLAND COUNTY CONDOMINIUM PLAN NO 530 LAKE RIDGE UNIT 26, BLDG 7 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 Tia Kreps
KW Showcase Realty
Frequently Asked Questions about 7747 Lake Ridge Drive, Waterford, MI 48327
Which school district serves 7747 Lake Ridge Drive, Waterford, MI 48327?
Per MLS# 20251018687, 7747 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.
What financing options are available for 7747 Lake Ridge Drive, Waterford, MI 48327?
Per MLS# 20251018687, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 7747 Lake Ridge Drive, Waterford, MI 48327?
Per public tax records, annual property taxes for this property are $2,739. 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, 7747 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 7747 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 internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 7747 Lake Ridge Drive, 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 7747 Lake Ridge Drive, Waterford, MI 48327?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Sewer: 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$2,580
Monthly$215
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$1,711
Principal & interest$1,103
Property taxes$215
HOA$393
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
7747 Lake Ridge Drive, Waterford, MI 48327
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Municipality
Waterford Township
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County
Oakland County
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