NOT LISTED FOR SALE

139 Draper Ave Waterford, MI 48328

Waterford Area

Estimated Value: $267,891

4 Beds
3 Baths
1,632 Sq Ft
$164/Sq Ft Est. Value

Sale Details

Date Sold: July 30, 2024

Last sale price $265,000 $162 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,916 / mo

37 Days on Market

Highlights

  • Laundry Room
  • Forced Air Heating System
  • 3 Car Garage

About This Home

As of July 2024

3 UNIT MULTI-FAMILY DWELLING, CURRENTLY INCOME GEN ON 2 OF THE 3. UNIT 1: 2 BD 1 BTH, BEAUTIFUL WOOD FLOORS & FRESH PAINT THRU-OUT W/ UPDTD KITCHEN & BTH. W/ TILED TUB & FLR & UPDTD PLUMBING. UNIT 2: (OCCUPIED $1073/MO) 2 BD 1 BTH 20 YR TENANT. BOTH TENANTS IN GOOD STANDING. UNIT 3 (OCCUPIED $1019/MO./ABV GARAGE) NEWER FLOORS IN KITCHEN AND BATH. NEWER APPLIANCES AND FRESH PAINT. TOTAL GROSS MONTHLY INCOME $3392, ANNUAL GROSS RENT $40,704. APPLIANCES STAY IN ALL 3 UNITS. 1 & 2 HAVE IDENTICAL FL PLANS. NEWER CONCRETE DRIVEWAY. UNIT 1 & 2 STORAGE IN BASEMENT OF MAIN HOUSE. NEW FLRNG IN ENTRYWAY. NEW H2O TANK 2023, SOME NEWER PLUMBING IN BSMNT. UNIT 2 RENT IS BELOW CURRENT MARKET RATE (20 YR. TENANT). LOTS OF INCOME POTENTIAL! SO MUCH TO LOVE ABOUT THIS PROPERTY! DON'T WAIT!

Last Agent to Sell the Property

Ralynda Moore

Keller Williams Professionals License #6501311068 Listed on: 06/29/2024

Keller Williams Professionals

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,377

Year Built

  • Built in 1928

Lot Details

  • 7,449 Sq Ft Lot
  • Lot Dimensions are 50.00x149.00

Parking

  • 3 Car Garage

Home Design

  • Aluminum Siding

Laundry

  • Laundry Room
  • Laundry in Garage
  • Sink Near Laundry
  • Washer and Gas Dryer Hookup

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,377

Year Built

Built in 1928

Lot Details

7,449 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1928
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50.00X149.00
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 2.0
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features In Basement: Yes
  • Laundry Features Sink: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Utilities Attached Cable Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Tax Info:Seller_squote_s Annual Property Tax2: 5377.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 274900.0
  • Number of Buildings: 2
  • Road Surface Type: Paved
  • Roof: Other
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0
  • Extras:Garages: Yes
  • Unit 3:Garage6: Yes
  • Laundry Features:In Garage: Yes

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Gas Dryer Hookup, In Basement, In Garage, Laundry Room, Sink, Washer Hookup
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Dimensions: 50.00X149.00
  • Lot Size Sq Ft: 7449.0

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electric, Gas

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 5377.0
  • Tax Year: 2022

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2024
Closed on
Jul 30, 2024
Sold by
Johnson Lenora
Bought by
Seller's Agent
Ralynda Moore
Keller Williams Professionals
Buyer's Agent
Ralynda Moore
Keller Williams Professionals
List Price
$274,900
Sold Price
$265,000
Premium/Discount to List
-$9,900
-3.6%
Views
24
Current Estimated Value
$267,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,891
Avg. Annual Appreciation
0.51%
Original Mortgage
$251,750
Outstanding Balance
$246,561
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$21,330

Purchase Details

Listed on
Oct 4, 2021
Closed on
Nov 23, 2021
Sold by
Edward A A and Edward Rebecca D
Bought by
Johnson Lenora
Seller's Agent
Kathryn Bradley
Wilhelm & Associates
Buyer's Agent
Ralynda Moore
KW Professionals
List Price
$174,900
Sold Price
$185,000
Premium/Discount to List
$10,100
5.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.35%

Purchase Details

Closed on
Dec 16, 2019
Sold by
Lauincer Rebecca D
Bought by
Revocable Living Trust Ofedward A & Rebe

Purchase Details

Closed on
Sep 30, 2016
Sold by
Klestinec Margaret Ann
Bought by
Lauinger Rebecca D
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Waterford, MI

  • Ryan Nelson Real Estate Agent - DOBI Real Estate

    Ryan Nelson

    Responds Quickly

    DOBI Real Estate

    (947) 210-6933

    134 Total Sales

    1 in Waterford

    $450,000 Price

    Ryan Nelson
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  • James White Real Estate Agent - 3DX Real Estate LLC Troy

    James White

    Responds Quickly

    3DX Real Estate LLC Troy

    (947) 210-7326

    66 Total Sales

    2 in Waterford

    $235K - $363K Price Range

    James White
     Section Image
  • Michele Murphy Real Estate Agent - Berkshire Hathaway HomeServices Kee Realty Washin

    Michele Murphy

    Berkshire Hathaway HomeServices Kee Realty Washin

    (947) 219-1407

    48 Total Sales

    1 in Waterford

    $195,000 Price

    Michele Murphy
     Section Image
  • Jill Powers Real Estate Agent - Epique Inc.

    Jill Powers

    Epique Inc.

    (586) 600-8313

    47 Total Sales

    2 in Waterford

    $348K - $410K Price Range

    Jill Powers
     Section Image
  • Teri Weems Real Estate Agent - Berkshire Hathaway HomeServices Kee Realty Wash

    Teri Weems

    Berkshire Hathaway HomeServices Kee Realty Wash

    (947) 210-7698

    54 Total Sales

    1 in Waterford

    $410,000 Price

    Teri Weems
     Section Image
  • Brian Loussia Real Estate Agent - EXP Realty Main

    Brian Loussia

    EXP Realty Main

    (248) 617-7374

    92 Total Sales

    2 in Waterford

    $238K - $245K Price Range

    Brian Loussia
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$265,000 Titleright Llc
Johnson Lenora $185,000 Ata National Title
Revocable Living Trust Ofedward A & Rebe -- None Available
Lauinger Rebecca D $129,000 First American Title Ins Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $251,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/30/2024 07/30/24 Sold $265,000 -3.6% $162 / Sq Ft
07/06/2024 07/06/24 Pending -- -- --
06/11/2024 06/11/24 For Sale $274,900 0.0% $168 / Sq Ft
06/04/2024 06/04/24 Pending -- -- --
05/30/2024 05/30/24 For Sale $274,900 +48.6% $168 / Sq Ft
11/23/2021 11/23/21 Sold $185,000 +5.8% $113 / Sq Ft View Prior Sale
10/07/2021 10/07/21 Pending -- -- --
10/04/2021 10/04/21 For Sale $174,900 -- $107 / Sq Ft
Source: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,831 $148,190 $0 $0
2024 $4,130 $132,010 $0 $0
2023 $3,897 $118,840 $0 $0
2022 $5,132 $95,230 $0 $0
2021 $1,847 $80,840 $0 $0
2020 $1,344 $70,500 $0 $0
2019 $1,809 $54,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • RM

    Seller's Agent in 2024

    Ralynda Moore

    Keller Williams Professionals

    (734) 612-2041

    96 Total Sales

    Ralynda Moore
    Section Image

  • KB

    Seller's Agent in 2021

    Kathryn Bradley

    Wilhelm & Associates

    Section Image
See All Agents

Map

Source: MichRIC

MLS Number: 24027079

MichRIC

APN: 13-36-231-003

Michigan Oakland County Waterford 48328

139 Draper Ave, Waterford, MI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MichRIC Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.

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