Seller's Agent in 2023
Gwen Daubenmeyer
Keller Williams Paint Creek
(248) 850-1436
8 in this area
200 Total Sales
5471 Elizabeth Lake Rd Waterford, MI 48327
Waterford Township NeighborhoodEstimated Value: $205,000 - $233,000
3
Beds
1
Bath
1,056
Sq Ft
$209/Sq Ft
Est. Value
Highlights
- Boat Facilities
- Lake Privileges
- Patio
- Beach Access
- No HOA
- Bungalow
About This Home
As of April 2023Knock-Knock, it's opportunity at the door! Looking for a great investment property? This charming home is the perfect opportunity! Beyond the long, curved driveway set back off the road, a quaint stone patio entry welcomes you. The living room receives ample natural light and features original hardwood floors that continue throughout most of the main and upper levels. Three bedrooms with two residing upstairs and the bedroom on the first floor flexes as an office with french doors to the living room. The kitchen is spacious and offers a charming built-in pantry circa 1951 just waiting to be restored. The backyard is fully fenced and has potential for a great outdoor living space, has mature landscaping and a large storage shed. The property's lake privileges and beach access to Crescent Lake make this investment even more appealing, giving potential tenants a chance to enjoy the local lifestyle and attractions. This property provides the perfect balance of investment potential and practicality. Don't miss out on this chance to add to your real estate portfolio with a home that has exceptional potential. Voluntary HOA with lake access to Crescent Lake! Fresh paint top to bottom and refinishing of hardwood floors would make a world of difference! Pre-inspections are encouraged (with permission). Evidence of a roof leak which was repaired by DunRite Roofing but attention may be required in the future. A great opportunity for visionaries not afraid of a little work. More features in docs! Being sold as-is.
Last Agent to Sell the Property
Keller Williams Paint Creek License #6501211034 Listed on: 02/22/2023
Last Buyer's Agent
Donald Bickel
Keller Williams Paint Creek License #6501430586
Home Details
Home Type
- Single Family
Est. Annual Taxes
Year Built
- Built in 1951
Lot Details
- 0.46 Acre Lot
- Lot Dimensions are 114.00 x 117.40
- Back Yard Fenced
Home Design
- Bungalow
- Poured Concrete
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 1,056 Sq Ft Home
- 1.5-Story Property
- Unfinished Basement
Kitchen
- Free-Standing Electric Range
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Outdoor Features
- Beach Access
- Boat Facilities
- Lake Privileges
- Patio
- Exterior Lighting
- Shed
Location
- Ground Level
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Programmable Thermostat
- Natural Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 1328201005
Community Details
Overview
- No Home Owners Association
- Optional HOA For Lake Crescent Access Association
- Crescent Lake Estates Subdivision
Amenities
- Laundry Facilities
Recreation
- Water Sports
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 22, 2023
Closed on
Apr 28, 2023
Sold by
Stevenson Anthony and Stevenson Lillian
Bought by
Padvin Christina
Seller's Agent
Gwen Daubenmeyer
Keller Williams Paint Creek
Buyer's Agent
Donald Bickel
Keller Williams Paint Creek
List Price
$175,000
Sold Price
$167,000
Premium/Discount to List
-$8,000
-4.57%
Views
239
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,216
Avg. Annual Appreciation
11.70%
Original Mortgage
$133,600
Outstanding Balance
$129,838
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$90,379
Purchase Details
Closed on
Mar 7, 2003
Sold by
Odle Michael R and Odle Susan J
Bought by
Stevenson Anthony and Stevenson Lillian
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Padvin Christina | $167,000 | Fidelity National Title | |
| Stevenson Anthony | $101,000 | Philip R Seaver Title Co Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Padvin Christina | $133,600 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/28/2023 04/28/23 | Sold | $167,000 | -4.6% | $158 / Sq Ft |
| 04/08/2023 04/08/23 | Pending | -- | -- | -- |
| 02/22/2023 02/22/23 | For Sale | $175,000 | -- | $166 / Sq Ft |
Source: Realcomp
Tax History Compared to Growth
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 | $2,149 | $100,710 | $0 | $0 |
| 2023 | $853 | $83,500 | $0 | $0 |
| 2022 | $2,374 | $69,060 | $0 | $0 |
| 2021 | $2,187 | $64,010 | $0 | $0 |
| 2020 | $1,435 | $63,180 | $0 | $0 |
| 2019 | $1,911 | $58,400 | $0 | $0 |
| 2018 | $1,937 | $51,720 | $0 | $0 |
| 2017 | $1,823 | $51,720 | $0 | $0 |
| 2016 | $1,765 | $43,410 | $0 | $0 |
| 2015 | -- | $38,100 | $0 | $0 |
| 2014 | -- | $35,270 | $0 | $0 |
| 2011 | -- | $34,980 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Gwen Daubenmeyer
-
D
Buyer's Agent in 2023
Donald Bickel
Keller Williams Paint Creek
Map
Source: Realcomp
MLS Number: 20230011903
APN: 13-28-201-005
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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