Sold
7783 Lake Ridge Drive, Waterford, MI 48327
Sold on 09/05/2025 for$172,000
MLS # 20251015405 (Realcomp)
2 beds1 bath990 sqftBuilt 1988
1 / 30
Listing Description
This beautifully updated condo is nestled at the back of the community, offering privacy and serene views of the surrounding woods. Inside, you'll find a spacious primary bedroom featuring a walk-in closet, brand-new carpet, and luxury plank flooring. The unit boasts high ceilings, recessed lighting, and fresh paint throughout. Recent upgrades include a approx 3-year-old furnace, a brand-new hot water tank, and newer appliances. Additional features include vinyl windows, a balcony, a new front door, and updated smoke and CO2 detectors. Association fee includes snow removal, lawn maintenance, trash, water and sewer. Walk to the market, conveniently situated near restaurants, child care, and boating/beach activities.
Source: SparkMLS
About this home
This 2-bedroom, 1-bath, 990 sq ft home built in 1988 sits in Waterford Township in Waterford.
Closed at $172,000 (about $174/sq ft).
Annual property taxes run approximately $2,232 ($186/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
Bathrooms1
Living Area990 sqft
Year Built1988
Stories1
Location
CityWaterford
MunicipalityWaterford Twp
Zip Code48327
CountyOakland
School DistrictWaterford
Construction & Systems
ConstructionBrick, Vinyl Siding
BasementSlab
Garage1 space
HeatingForced Air
SewerPublic
Sale & Financing
Listed7/8/2025
Sold Date9/4/2025
Terms AcceptedCash, Conventional
HOA
HOA Fee$253 / Monthly
IncludesSewer, Trash, Water
Source: SparkMLS
Tax Information
Annual Tax$2,115
State Equalized Value$73,400
Taxable Value$59,850
Parcel #1331377044
Source: Public Records
Legal Description
T3N, R9E, SEC 31 OAKLAND COUNTY CONDOMINIUM PLAN NO 530 LAKE RIDGE UNIT 44, BLDG 11 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 Lisa Cutting
KW Showcase Realty
Frequently Asked Questions about 7783 Lake Ridge Drive, Waterford, MI 48327
Which school district serves 7783 Lake Ridge Drive, Waterford, MI 48327?
Per MLS# 20251015405, 7783 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 type of financing is accepted for this listing?
Per MLS# 20251015405, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 7783 Lake Ridge Drive, Waterford, MI 48327?
Per public tax records, annual property taxes for this property are $2,115. 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, 7783 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 7783 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 7783 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 7783 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$2,232
Monthly$186
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$1,600
Principal & interest$1,161
Property taxes$186
HOA$253
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
7783 Lake Ridge Drive, Waterford, MI 48327
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Municipality
Waterford Township
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County
Oakland County
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