This fixer upper on a spacious 0.44 acre lot offers endless potential for the savvy investor or DIY enthusiast. Located in a prime Waterford location, this home is ready for a transformation. Whether you’re looking to renovate and flip, create a rental income property, or explore development opportunities, the possibilities are abundant. With its large lot and desirable location, you can bring your vision to life here. Don’t miss out on this exciting investment opportunity! This home is able to be viewed this Thursday, October 17th from 4PM to 6 PM and Saturday, October 19th from 12PM to 3 PM.
Sold for $130,000
$130,000
468 Oak Lake Dr, Waterford, MI 48327
2beds
1,142sqft
Single Family Residence
Built in 1930
0.44 Acres Lot
$167,600 Zestimate®
$114/sqft
$1,802 Estimated rent
Home value
$167,600
$149,000 - $186,000
$1,802/mo
Zestimate® history
Owner options
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$1,802/mo
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$1,802/mo
Rent Zestimate®
Refinance and save
$891/mo
Est. payment
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$891/mo
Est. payment
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List your homeWhat's special
Large lot
Zillow last checked:
Listing updated:
Listed by:
Barbara Schaefer 248-343-0231,
Berkshire Hathaway HomeServices Michigan Real Est,
Thomas B Schaefer Jr 248-625-5700,
Berkshire Hathaway HomeServices Michigan Real Est
Bought with:
Mark Schepansky, 6501315401
Jason Mitchell Real Estate Group Michigan LLC
Source: Realcomp II,MLS#: 20240077679
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: Entry
- Dimensions: 12 x 12
Bedroom
- Level: Second
- Dimensions: 11 x 11
Other
- Level: Entry
- Dimensions: 6 x 7
Dining room
- Level: Entry
- Dimensions: 7 x 9
Kitchen
- Level: Entry
- Dimensions: 9 x 12
Heating
- Forced Air, Natural Gas
Cooling
- Ceiling Fans
Appliances
- Included: Dishwasher, Dryer, Free Standing Electric Range, Free Standing Refrigerator, Washer
Features
- Basement: Full,Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 1,142 sqft
- Finished area above ground: 1,142
Property
Parking
- Total spaces: 1
- Parking features: One Car Garage, Detached
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Entry location: GroundLevelwSteps
- Patio & porch: Covered, Patio, Porch
- Pool features: None
Lot
- Size: 0.44 Acres
- Dimensions: 90.00 x 200.00
Details
- Additional structures: Sheds
- Parcel number: 1320401001
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Foundation: Basement, Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: KRENZ GARDENS
HOA
- Has HOA: No
Location
- Region: Waterford
Financial & listing details
- Price per square foot: $114/sqft
- Tax assessed value: $31,370
- Annual tax amount: $1,676
- Date on market: 10/14/2024
- Cumulative days on market: 10 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 12/12/2024 | Sold | $130,000$114/sqft |
Source:  Realcomp II #20240077679 Report a problem | ||
| 11/28/2024 | Pending sale | $130,000$114/sqft |
Source: Berkshire Hathaway HomeServices Michigan and Northern Indiana Real Estate #20240077679 Report a problem | ||
| 11/26/2024 | Listed for sale | $130,000$114/sqft |
Source: Berkshire Hathaway HomeServices Michigan and Northern Indiana Real Estate #20240077679 Report a problem | ||
| 10/24/2024 | Pending sale | $130,000$114/sqft |
Source: Realcomp II #20240077679 Report a problem | ||
| 10/14/2024 | Listed for sale | $130,000$114/sqft |
Source: Realcomp II #20240077679 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,708 +6.3% | $79,680 +14.2% |
| 2024 | $1,607 +5.1% | $69,770 +18.5% |
| 2023 | $1,529 +4.6% | $58,900 +7.3% |
| 2022 | $1,461 -3.2% | $54,890 +6.7% |
| 2021 | $1,510 | $51,440 +8.7% |
| 2020 | -- | $47,340 +7.3% |
| 2019 | $1,438 +8.4% | $44,100 +30.7% |
| 2018 | $1,327 | $33,750 |
| 2017 | -- | $33,750 +18.6% |
| 2016 | -- | $28,450 +10.5% |
| 2015 | -- | $25,750 +1.4% |
| 2014 | -- | $25,400 +10.8% |
| 2011 | -- | $22,930 -11.7% |
| 2010 | $826 -9.7% | $25,980 -22.3% |
| 2009 | $915 +111.9% | $33,450 -50.4% |
| 2005 | $432 | $67,410 +67.9% |
| 2003 | -- | $40,150 +19.9% |
| 2002 | -- | $33,500 +36% |
| 2001 | $702 +8.3% | $24,630 +3.2% |
| 2000 | $648 | $23,870 |
Find assessor info on the county website
Neighborhood: 48327
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Nearby schools
GreatSchools rating
- 4/10Knudsen Elementary SchoolGrades: K-5Distance: 1.4 mi
- 5/10Pierce Middle SchoolGrades: 6-8Distance: 2 mi
- 7/10Waterford Kettering High SchoolGrades: 7-12Distance: 2.3 mi
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Estimated market value
$167,600
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
$167,600
- Michigan
- Oakland County
- Waterford
- 48327
- 468 Oak Lake Dr
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