$250,000
SOLD SEP 10, 2025

7040 Banks Waterford, MI 48327

Waterford Township Neighborhood
4 Beds
2 Baths
1,663 Sq Ft
0.57 Acres

Recently Sold

$150 Per Sq Ft

13% Below List Price

53 Days on Market

Highlights

  • 0.57 Acre Lot
  • No HOA
  • 2 Car Attached Garage
  • Colonial Architecture
  • Breakfast Area or Nook
  • Forced Air Heating and Cooling System

About This Home

As of September 2025

On over a half acre lot in the heart of Waterford you will find this 4 bedroom 2 bath home with full basement and an attached garage. Large living room with big window for natural light. The formal dining room is open to the living room perfect for entertaining. Kitchen has a large pantry and is open to the breakfast area. The spacious family room has a natural fireplace and a door wall to the deck. Full basement can be finished off for more entertaining space. The pool table which stays with the home already is there for motivation. Attached garage has 220amp electrical service. Outside you will find a huge backyard with a large deck and a gazebo. The big shed can house your lawn equipment. Room for everything in the backyard including a pool and large gardens. Home is located close to shopping, restaurants and schools. Sold as is subject to probate court approval.

Last Agent to Sell the Property

Debra Skonieczny

New Door Realty License #6502421353 Listed on: 06/11/2025

Co-Listed By

Jason Skonieczny

New Door Realty License #6501452483

Last Buyer's Agent

Todd Fedie

KW Realty Livingston License #6501398299

KW Realty Livingston

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1972

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 100x200
  • Property fronts a private road

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 1,663 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Unfinished Basement

Kitchen

  • Breakfast Area or Nook
  • Free-Standing Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Suprvrs 45 Waterford Township Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1330226037

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,804

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1972
  • State Equalized Value: 138310.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Family Room
  • Room Count: 11
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 1663
  • Total Sq Ft: 1663
  • Sq Ft Total Bsmt: 648

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Poured
  • Frontage Feet: 100
  • Road Frontage Type: Private

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Waterford

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.57
  • Lot Dimensions: 100X200
  • Parcel Number: 1330226037

Tax Info

  • Tax Amount Summer: 2228.0000
  • Tax Amount Winter: 1576.0000
  • Total Tax: 3804.0000
  • Taxable Value: 138310.0000

MLS Schools

  • School District: Waterford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2015
Closed on
Sep 9, 2015
Sold by
Smart Richard W and Smart Mary J
Bought by
Clink Rachel L
Seller's Agent
William Amy
Real Estate One-Commerce
Buyer's Agent
Sandra McKolay
Preferred, Realtors® Ltd
List Price
$176,000
Sold Price
$180,000
Premium/Discount to List
$4,000
2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.19%
Original Mortgage
$176,739
Outstanding Balance
$139,531
Interest Rate
3.9%
Mortgage Type
FHA
Estimated Equity
$131,918

Purchase Details

Closed on
Jul 14, 1999
Sold by
Ledbetter Lewis E
Bought by
Smart Richard W
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $180,000 Title One Inc
Deed $158,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $176,739 FHA
Previous Owner $25,000 Credit Line Revolving
Previous Owner $90,000 Unknown
Previous Owner $16,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2025 09/10/25 Sold $250,000 0.0% $150 / Sq Ft
08/03/2025 08/03/25 Pending -- -- --
07/16/2025 07/16/25 Price Changed $250,000 -3.1% $150 / Sq Ft
06/24/2025 06/24/25 Price Changed $257,900 -10.4% $155 / Sq Ft
06/11/2025 06/11/25 For Sale $287,900 +59.9% $173 / Sq Ft
09/09/2015 09/09/15 Sold $180,000 +2.3% $108 / Sq Ft
07/04/2015 07/04/15 Pending -- -- --
06/25/2015 06/25/15 For Sale $176,000 -- $106 / 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 $2,228 $138,310 $0 $0
2023 $2,125 $133,040 $0 $0
2022 $4,552 $124,350 $0 $0
2021 $4,398 $123,110 $0 $0
2020 $1,945 $116,580 $0 $0
2019 $3,979 $101,050 $0 $0
2018 $3,754 $96,460 $0 $0
2017 $2,883 $96,460 $0 $0
2016 $2,877 $84,120 $0 $0
2015 -- $70,880 $0 $0
2014 -- $64,580 $0 $0
2011 -- $57,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2025

    Debra Skonieczny

    New Door Realty

    (248) 830-4037

    20 in this area

    97 Total Sales

    Debra Skonieczny
    Section Image

  • J

    Seller Co-Listing Agent in 2025

    Jason Skonieczny

    New Door Realty

    (248) 830-1431

    5 in this area

    13 Total Sales

    Jason Skonieczny
    Section Image
  • Todd Fedie

    Buyer's Agent in 2025

    Todd Fedie

    KW Realty Livingston

    (517) 304-3706

    3 in this area

    250 Total Sales

    Todd Fedie
    Section Image

  • D

    Buyer Co-Listing Agent in 2025

    Daniel Forsyth

    KW Realty Livingston

    (810) 599-9584

    29 Total Sales

    Daniel Forsyth
    Section Image

  • W

    Seller's Agent in 2015

    William Amy

    Real Estate One

  • S

    Buyer's Agent in 2015

    Sandra McKolay

    Preferred, Realtors® Ltd

    (313) 506-0219

    51 Total Sales

    Sandra McKolay
    Section Image
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Map

Source: Realcomp

MLS Number: 20251006808

Realcomp

APN: 13-30-226-037

Michigan Oakland County Waterford 48327 Waterford Township

7040 Banks, Waterford, MI

This home is located at 7040 Banks, Waterford, MI 48327 and is currently priced at $250,000, approximately $150 per square foot. This property was built in 1972. 7040 Banks is a home located in Oakland County with nearby schools including Beaumont Elementary School, Pierce Middle School, and Waterford Mott High School.

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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
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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