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  • $700,000

    1218 Waterways Dr, Ann Arbor, MI 48108

    5beds
    4,496sqft
    Single Family Residence
    Built in 1998
    0.96 Acres Lot
    $698,100 Zestimate®
    $156/sqft
    $5,733 Estimated rent

    Home value

    $698,100

    $621,000 - $782,000

    $5,733/mo

    Zestimate® history
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    What's special

    Offer deadline 6/23 at 5pm. Exceptional Home in The Waterways - Saline Schools, Scenic Setting, and Ideal Layout. Welcome to this beautifully updated 5-bedroom, 4 1/2 bath home in the highly sought-after Waterways community, nestled in a tranquil, wooded setting on just under an acre. Located in the award-winning Saline School District, this home offers space, comfort, and modern style just minutes from downtown Ann Arbor and Saline. The second level features four spacious bedrooms, including a luxurious primary suite with an updated bathroom, two walk-in closets, and serene backyard views. A charming princess suite includes its own private bath, while two additional bedrooms share a stylishly updated third full bathroom. The heart of the home is the updated kitchen with rich wood floors, granite countertops, stainless steel appliances, and a large center island-perfect for cooking and gathering. An adjacent dining area flows into the light-filled living room with soaring two-story ceilings. The spacious family room boasts hardwood floors, a cozy gas fireplace, and a stunning wall of windows that brings the outdoors in. A dedicated study with built-in bookcases, first-floor laundry, and a functional mudroom add to the everyday convenience. The walk-out lower level expands your living space with a large recreation room, bedroom, full bath, and abundant storage. Step outside to a large deck overlooking your private backyard retreat, framed by dense trees, perfect for relaxing or entertaining. Additional highlights include new roof 2024, whole house generator, shed, 3-car attached garage, low township taxes, and proximity to U of M, hospitals, schools, shopping, Costco, dining, and major expressway entrances. This home combines peaceful living with everyday accessibility-schedule your private tour today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Kim Peoples 734-646-4012,

    The Charles Reinhart Company

    Bought with:

    Louie Popovski

    Source: MichRIC,MLS#: 25021878MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
    • Laundry: Laundry Room, Main Level, Sink
    Features
    • Ceiling Fan(s), Central Vacuum, Center Island, Eat-in Kitchen, Pantry
    • Flooring: Carpet, Ceramic Tile, Wood
    • Windows: Skylight(s)
    • Basement: Daylight,Full,Walk-Out Access
    • Number of fireplaces: 1
    • Fireplace features: Family Room, Gas Log
    Interior area
    • Total structure area: 3,296
    • Total interior livable area: 4,496 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage Faces Front, Garage Door Opener, Attached
    • Garage spaces: 3
    Features
    • Stories: 2
    Lot
    • Size: 0.96 Acres
    • Dimensions: 135 x 290
    • Features: Wooded
    Details
    • Parcel number: L1220205091
    • Zoning description: PUD

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Single Family Residence
    Materials
    • Brick, Vinyl Siding
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1998

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Connected

    Community & HOA

    Community
    • Subdivision: The Waterways
    HOA
    • Has HOA: Yes
    • Services included: None
    • HOA fee: $750 annually
    • HOA phone: 734-585-5174
    Location
    • Region: Ann Arbor

    Financial & listing details

    • Price per square foot: $156/sqft
    • Tax assessed value: $317,624
    • Annual tax amount: $12,305
    • Date on market: 5/16/2025
    • Listing terms: Cash,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/16/2025Sold$700,000$156/sqft
    Source: MichRIC #25021878 Report a problem
    6/24/2025Contingent$700,000$156/sqft
    Source: MichRIC #25021878 Report a problem
    6/21/2025Price change$700,000-12.3%$156/sqft
    Source: MichRIC #25021878 Report a problem
    6/16/2025Price change$798,000-5.9%$177/sqft
    Source: MichRIC #25021878 Report a problem
    6/1/2025Price change$848,000-3.2%$189/sqft
    Source: MichRIC #25021878 Report a problem
    5/16/2025Listed for sale$876,000+80.6%$195/sqft
    Source: MichRIC #25021878 Report a problem
    9/28/2012Sold$485,000-7.1%$108/sqft
    Source: Public Record Report a problem
    3/19/2004Sold$522,000$116/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,307 $368,047 +8.8%
    2024-- $338,262 +10.5%
    2023-- $306,000 +1.7%
    2022-- $300,800 -0.2%
    2021-- $301,500 +1.5%
    2020$10,404 $297,000 +2.6%
    2019-- $289,600 -1.7%
    2018-- $294,500 +2.2%
    2017-- $288,300 +16.2%
    2016-- $248,173 +0.3%
    2015-- $247,431 +3.2%
    2014-- $239,700
    2013-- $239,700 +7.8%
    2012-- $222,321 +2.7%
    2011-- $216,477 +1.7%
    2010-- $212,859 -0.3%
    2009-- $213,500 -10.5%
    2008-- $238,600 -10.3%
    2007-- $265,900 +4%
    2005-- $255,700 +6.6%
    2004-- $239,800 +0.8%
    2003-- $238,000 +5.7%
    2002$6,948 +84.9%$225,200 +3.6%
    2001$3,758 +134.2%$217,400 +5.4%
    2000$1,605 +342.9%$206,200 +304.3%
    1999$362 $51,000
    Find assessor info on the county website

    Neighborhood: The Waterways

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: Saline Middle School
    • High: Saline High School

    Source: MichRIC. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $698,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $698,100