For Sale
935 Stratton Drive, Waterford, MI 48328
$899,000
MLS # 20240069003 (Realcomp)
4 beds4 baths4,848 sqftBuilt 19820.29 acres
1 / 30
Listing Description
REDUCED AND BACK ON MARKET. 3-story home situated on an island on Sylvan Lake, offering unique waterfront living. The home spans 4,848 square feet and includes: 4 bedrooms and 4 baths, indoor built-in swimming pool, sauna, and hot tub, 3-car tandem garage, painted exterior, spiral staircase. Potential buyers to add their own updates and improvements. It’s noted that taxes are non-homestead, which may impact the tax rate. Also, architectural drawings are available for those interested, and buyers' agents are advised to verify all information.
Source: SparkMLS
About this home
Located in Waterford Township in Waterford, this property offers 4-bedroom, 4-bath, 4,848 sq ft, with original construction dating to 1982.
Currently offered at $899,000 (about $185/sq ft).
Annual property taxes run approximately $18,485 ($1,540/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. Fiber internet is available at this address with download speeds up to 5,000 Mbps across 8 providers.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms4
Bathrooms4
Living Area4,848 sqft
Lot Size0.29 acres
Year Built1982
Stories3
Location
CityWaterford
MunicipalityWaterford Twp
Zip Code48328
CountyOakland
School DistrictWaterford
Construction & Systems
BasementSlab
Garage3 spaces
HeatingBaseboard, Hot Water, Radiant
SewerPublic
InteriorHot Tub Spa, Other
Sale & Financing
Listed9/12/2024
Original Price$999,000
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$26,291
State Equalized Value$607,910
Taxable Value$506,690
Parcel #1336154011
Source: Public Records
Legal Description
T3N, R9E, SEC 36 THE MEYERING LAND COMPANY'S CASS-SYLVAN LAKES COMMUNITY SUB NO 1 LOTS 351 & 352
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Karin M Nihls
DOBI Real Estate
Frequently Asked Questions about 935 Stratton Drive, Waterford, MI 48328
Which school district serves 935 Stratton Drive, Waterford, MI 48328?
Per MLS# 20240069003, 935 Stratton Drive, Waterford, MI 48328 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# 20240069003, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 935 Stratton Drive, Waterford, MI 48328?
Per public tax records, annual property taxes for this property are $26,291. 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, 935 Stratton Drive, Waterford, MI 48328 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 935 Stratton Drive, Waterford, MI 48328 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 available at 935 Stratton Drive, Waterford, MI 48328. The maximum advertised download speed is 5.0 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 935 Stratton Drive, Waterford, MI 48328?
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.
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Tax Estimate
$
Annual tax$18,485
Monthly$1,540
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$7,371
Principal & interest$5,831
Property taxes$1,540
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
5 Gbps
Upload
5 Gbps
FiberCableGSO SatelliteSatelliteLicensed Fixed WirelessDSL
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
935 Stratton Drive, Waterford, MI 48328
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Municipality
Waterford Township
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County
Oakland County
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