NOT LISTED FOR SALE

205 Gateway Dr Waterford, MI 48328

Waterford Township Neighborhood

Estimated Value: $245,000 - $265,000

4 Beds
2 Baths
1,540 Sq Ft
$167/Sq Ft Est. Value

Last Sold February 16, 2024

Last sale price $230,000 $149 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,432/month

18 Days on Market

Highlights

  • Boat Facilities
  • Corner Lot
  • 2 Car Detached Garage
  • Lake Privileges
  • No HOA
  • Porch

About This Home

As of February 2024

Let's start with the location. A corner lot, with peaceful views of the golf course across the street, with access to all-sports Elizabeth Lake. It doesn't get much better than that. And as for the home, it's a notably attractive size at over 1,500 sq.ft., accommodating many with two bedrooms and a full bath on the entry level, and another set upstairs that could serve as a primary suite with nursery/den. A fireplace makes for a cozy living room, and an abundance of windows turns the family room into a sanctuary of natural light, overlooking the private fenced backyard. With potential to create additional equity, don't expect this opportunity to remain available for long.

Last Agent to Sell the Property

Jordan Genso

RE/MAX Platinum License #6501327497 Listed on: 12/01/2023

RE/MAX Platinum

Last Buyer's Agent

Jonathan McCaffrey

Community Choice Realty Inc License #6501437968

Community Choice Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1940

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Fenced
  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,540 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Unfinished Basement

Kitchen

  • Free-Standing Gas Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Boat Facilities
  • Lake Privileges
  • Patio
  • Exterior Lighting
  • Porch

Location

  • Ground Level

Utilities

  • Central Air
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1327476001

Community Details

Overview

  • No Home Owners Association
  • Elizabeth Lake Estates No 3 Subdivision
  • Swim Association

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,475

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 15.00
  • Year Built: 1940
  • State Equalized Value: 85940.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Living Room
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Dryer, Free-Standing Gas Oven, Free-Standing Refrigerator, Washer
  • Total Sq Ft: 1540

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Elizabeth Lake
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exterior Features: Lighting, Fenced
  • Foundation Materials: Block
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved
  • Waterfront Description: Lake Privileges
  • Fencing: Fenced

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Electricity, Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Baseboard, Hot Water
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • Lot Features: Corner Lot
  • Lot Size Area: 0.17
  • Lot Dimensions: 50 x 150
  • Parcel Number: 1327476001

Tax Info

  • Tax Amount Summer: 881.0000
  • Tax Amount Winter: 594.0000
  • Total Tax: 1475.0000
  • Taxable Value: 41200.0000

Multi Family

  • Waterfront Features: All Sports Lake, Boat Facilities, Swim Association

MLS Schools

  • School District: Waterford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2023
Closed on
Feb 15, 2024
Sold by
Laurent Thierry S and Laurent Kathryn C
Bought by
Bonneville Nicole
Seller's Agent
Jordan Genso
RE/MAX Platinum
Buyer's Agent
Jonathan McCaffrey
Community Choice Realty Inc
List Price
$230,000
Sold Price
$230,000
Views
100
Current Estimated Value
$257,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,609
Avg. Annual Appreciation
6.90%
Original Mortgage
$218,500
Outstanding Balance
$214,675
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$42,934

Purchase Details

Closed on
Dec 4, 2003
Sold by
Thiemkey Dean C
Bought by
Laurent Thierry S and Laurent Kathryn C

Purchase Details

Closed on
Oct 15, 1999
Sold by
Gelow Greg L
Bought by
Thiemkey Dean C

Purchase Details

Closed on
Apr 20, 1998
Sold by
Hunter Nancy T
Bought by
Hunter Nancy T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
7.19%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bonneville Nicole $230,000 Select Title
Laurent Thierry S $165,000 Metropolitan Title Company
Thiemkey Dean C $135,000 --
Hunter Nancy T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bonneville Nicole $218,500
Previous Owner Hunter Nancy T $94,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2024 02/16/24 Sold $230,000 0.0% $149 / Sq Ft
12/19/2023 12/19/23 Pending -- -- --
12/01/2023 12/01/23 For Sale $230,000 -- $149 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $923 $109,490 $0 $0
2023 $881 $85,940 $0 $0
2022 $1,433 $79,820 $0 $0
2021 $1,356 $77,800 $0 $0
2020 $806 $71,330 $0 $0
2019 $1,325 $64,300 $0 $0
2018 $1,315 $55,460 $0 $0
2017 $1,211 $55,460 $0 $0
2016 $1,208 $48,210 $0 $0
2015 -- $40,690 $0 $0
2014 -- $35,670 $0 $0
2011 -- $37,230 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jordan Genso

    Seller's Agent in 2024

    Jordan Genso

    RE/MAX Michigan

    (248) 444-9777

    2 in this area

    59 Total Sales

    Jordan Genso
    Section Image

  • J

    Buyer's Agent in 2024

    Jonathan McCaffrey

    Community Choice Realty Inc

    (248) 217-4177

    4 in this area

    101 Total Sales

    Jonathan McCaffrey
    Section Image
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Map

Source: Realcomp

MLS Number: 20230101034

Realcomp

APN: 13-27-476-001

Michigan Oakland County Waterford 48328 Waterford Township

205 Gateway Dr, Waterford, MI

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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