NOT LISTED FOR SALE

7040 Villa Dr Unit 1A Waterford, MI 48327

Waterford Township Neighborhood

Estimated Value: $107,000 - $126,000

2 Beds
1 Bath
907 Sq Ft
1969 Built

Last Sold March 25, 2014

Last sale price $20,000 $22 Per Sq Ft

Est. 477% increase in value since last sale

Current estimated payment $649/month

Highlights

  • No HOA
  • 1-Story Property
  • Baseboard Heating
  • Lobby
  • Ceiling Fan
  • High Speed Internet

About This Home

As of May 2019

Exceptionally updated entry level condo available at Villas on The Hill. Easy access to M-59, short distance to OCC Highland Lakes campus. Freshly painted. High-Quality improvements. 2 bedrooms both with ceiling fans, 1 full bath, dining room, living room and kitchen with all appliances. Master bedroom with walk-in closet and organizers. Combo washer/dryer in unit. Large living room with a picture window. Newer flooring through-out. Newer stainless steel appliances. Carport plus additional parking. Common basement with additional washer & dryer available for your use along with a storage area. Reference & credit report with score required with all applications. Immediate Occupancy. No Pets, No Smoking in unit. Minimum 1-year lease.

Last Agent to Rent the Property

Patricia Janette

RE/MAX Classic License #6505269513 Listed on: 05/01/2019

RE/MAX Classic

Last Renter's Agent

Patricia Janette

RE/MAX Classic License #6505269513 Listed on: 05/01/2019

RE/MAX Classic

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $517

Year Built

  • Built in 1969 | Remodeled in 2014

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 907 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Carport
  • Lighted Parking
  • Paved Parking
  • On-Street Parking
  • Assigned Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Window Unit Cooling System
  • Back Up Electric Heat Pump System
  • Baseboard Heating
  • Shared Water Meter
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $1,425
  • 12 Month Lease Term
  • 24 Month Lease Term
  • Assessor Parcel Number 1331476042

Community Details

Overview

  • No Home Owners Association
  • The Villas On The Hill Subdivision
  • On-Site Maintenance

Amenities

  • Lobby

Condo Details

Home Type

Condominium

Est. Annual Taxes

$517

Year Built

Built in 1969 | Remodeled in 2014

Lot Details

0

Rental Info

  • Lease Type: Condominium
  • Rent Includes: Association Fee, Snow Removal, Water/Sewer, Yard Maintenance
  • Security Deposit: 1425.00
  • Tenant Amenities: Laundry In-Unit, Laundry On Site, Wi-Fi Available

Listing Details

  • Property Type: Condominium
  • Architecture Style: Common Entry Building
  • Architecture Level: 1 Story Ground
  • Year Built: 1969
  • Year Renovated: 2014
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Intercom
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Common, Interior Entry (Interior Access)
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Total Sq Ft: 907

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Grounds Maintenance, Lighting
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage
  • Garage Features: Carport
  • MF Parking: Assigned Spaces, Lighted, On Street, Paved

Utilities

  • Heating Fuel: Electric
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Heating: Baseboard
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Common
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Fee Information

  • Additional Fee: 100.00

Lot Info

  • Parcel Number: 1331476042

Multi Family

  • Length of Lease: 12 Months, 13-24 Months, 25-36 Months

MLS Schools

  • School District: Waterford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2014
Sold by
Ivanov Nikolay
Bought by
Ni Properties & Management Llc
Current Estimated Value
$115,327

Purchase Details

Listed on
Jan 22, 2014
Closed on
Mar 24, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Ivanov Nikolay S
Seller's Agent
Connie Mack
RE/MAX Dream Properties
Buyer's Agent
Patricia Janette
RE/MAX Classic
List Price
$29,900
Sold Price
$20,000
Premium/Discount to List
-$9,900
-33.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.30%

Purchase Details

Closed on
Jun 18, 2013
Sold by
Donelow Elizabeth K and Standard Federal Bank
Bought by
Federal Home Loan Mortgage Corporation
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
Ni Properties & Management Llc -- None Available
Ivanov Nikolay S $20,000 Attorneys Title Agency Llc
Federal Home Loan Mortgage Corporation $31,500 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/05/2019 05/05/19 Rented $950 0.0% --
05/01/2019 05/01/19 For Rent $950 +22.6% --
04/24/2015 04/24/15 Rented $775 -13.9% --
04/09/2015 04/09/15 Under Contract -- -- --
01/08/2015 01/08/15 For Rent $900 0.0% --
03/25/2014 03/25/14 Sold $20,000 -33.1% $22 / Sq Ft View Prior Sale
02/25/2014 02/25/14 Pending -- -- --
01/22/2014 01/22/14 For Sale $29,900 -- $33 / 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 $517 $43,390 $0 $0
2023 $488 $31,870 $0 $0
2022 $641 $30,350 $0 $0
2021 $613 $30,660 $0 $0
2020 $451 $29,860 $0 $0
2019 $600 $29,230 $0 $0
2018 $593 $16,670 $0 $0
2017 $557 $16,670 $0 $0
2016 $555 $14,360 $0 $0
2015 -- $10,600 $0 $0
2014 -- $10,520 $0 $0
2011 -- $18,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Patricia Janette

    Landlord's Agent in 2019

    Patricia Janette

    RE/MAX of Southeast Michigan

    (248) 408-5409

    3 in this area

    30 Total Sales

    Patricia Janette
    Section Image
  • Connie Mack

    Seller's Agent in 2014

    Connie Mack

    RE/MAX Dream Properties

    (248) 363-8648

    10 in this area

    48 Total Sales

    Connie Mack
    Section Image
  • Wisam Putrus

    Seller Co-Listing Agent in 2014

    Wisam Putrus

    365 REALTY

    (248) 722-1614

    1 in this area

    44 Total Sales

    Wisam Putrus
    Section Image
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Map

Source: Realcomp

MLS Number: 219038646

Realcomp

APN: 13-31-476-042

Michigan Oakland County Waterford 48327 Waterford Township

7040 Villa Dr Unit 1A, Waterford, MI

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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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