Welcome Home! Charming, Updated Ranch Near Crescent Lake
Discover the perfect combination of comfort, convenience, and value in this beautifully updated single-story home, ideally situated on a spacious corner lot in a peaceful residential neighborhood near Crescent Lake.
Offering approximately 1,197 square feet of comfortable living space, this home has been thoughtfully refreshed to provide a clean, modern, and welcoming atmosphere. The updated kitchen and bathrooms bring a fresh look and feel, while new flooring throughout adds warmth and style to the entire home.
The convenient ranch-style layout makes everyday living easy, with everything comfortably located on one level. Whether you're a first-time home buyer, growing family, looking to downsize, or searching for an investment property, this home offers a versatile layout and excellent potential.Step outside and enjoy the generous fully fenced yard, perfect for relaxing, entertaining, gardening, pets, or creating a space where family and friends can gather. The spacious corner lot provides plenty of room to enjoy the outdoors and adds to the property's overall appeal.Another standout feature is the heated two-car garage. Enjoy the convenience of warm, protected parking during Michigan winters, along with valuable additional space for storage, hobbies, a workshop, or recreational equipment.One of the home's most appealing features is its location near Crescent Lake. Living close to the lake offers the opportunity to enjoy a more relaxed, outdoor-oriented lifestyle while remaining close to everyday conveniences.
Accepting backups
Price cut: $30K (9/3)
$199,995
5028 Pheasant Rd, Waterford, MI 48327
2beds
1,197sqft
Single Family Residence
Built in 1949
9,147 Square Feet Lot
$193,700 Zestimate®
$167/sqft
$-- HOA
What's special
- 105 days
- 2,357
- 167
Zillow last checked:
Listing updated:
Listed by:
Alexander Kallo 248-985-9961,
ICON Realty Experts, LLC 248-985-9961
Source: Realcomp II,MLS#: 20261045905
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: Entry
- Area: 170
- Dimensions: 10 X 17
Bedroom
- Level: Entry
- Area: 120
- Dimensions: 10 X 12
Other
- Level: Entry
Other
- Level: Entry
Heating
- Forced Air, Natural Gas
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 1,197 sqft
- Finished area above ground: 1,197
Property
Parking
- Total spaces: 2
- Parking features: Two Car Garage, Attached
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: GroundLevel
- Pool features: None
Lot
- Size: 9,147 Square Feet
- Dimensions: 110 x 82.85
Details
- Parcel number: 1321427075
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Slab
Condition
- New construction: No
- Year built: 1949
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: PHEASANT RIDGE
HOA
- Has HOA: No
Location
- Region: Waterford
Financial & listing details
- Price per square foot: $167/sqft
- Tax assessed value: $37,330
- Annual tax amount: $2,249
- Date on market: 6/22/2026
- Cumulative days on market: 105 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,Va Loan
Estimated market value
$193,700
$184,000 - $203,000
$1,775/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/3/2026 | Price change | $199,995-13%$167/sqft |
Source: | ||
| 8/19/2026 | Price change | $229,995+1.1%$192/sqft |
Source: | ||
| 8/10/2026 | Price change | $227,500-0.2%$190/sqft |
Source: | ||
| 7/13/2026 | Price change | $227,995-5%$190/sqft |
Source: | ||
| 7/2/2026 | Price change | $239,995-5.1%$200/sqft |
Source: | ||
| 6/22/2026 | Listed for sale | $252,995+63.2%$211/sqft |
Source: | ||
| 3/15/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 8/11/2020 | Listing removed | $155,000$129/sqft |
Source: Owner Report a problem | ||
| 7/14/2020 | Listed for sale | $155,000-6.1%$129/sqft |
Source: Owner Report a problem | ||
| 5/6/2020 | Listing removed | $165,000$138/sqft |
Source: Owner Report a problem | ||
| 2/6/2020 | Price change | $165,000-5.7%$138/sqft |
Source: Owner Report a problem | ||
| 12/11/2019 | Listed for sale | $175,000+224.1%$146/sqft |
Source: Owner Report a problem | ||
| 7/20/2009 | Sold | $54,000-35.1%$45/sqft |
Source: Public Record Report a problem | ||
| 10/14/2008 | Sold | $83,205-44.5%$70/sqft |
Source: Public Record Report a problem | ||
| 1/18/2006 | Sold | $150,000$125/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,972 -8.3% | $87,040 +9.6% |
| 2024 | $2,151 +5.4% | $79,430 +9.6% |
| 2023 | $2,041 +13% | $72,460 +8% |
| 2022 | $1,807 +7.3% | $67,080 +9.4% |
| 2021 | $1,684 | $61,310 +5.7% |
| 2020 | -- | $57,990 -0.9% |
| 2019 | $1,660 +8.4% | $58,530 +39.5% |
| 2018 | $1,532 | $41,960 |
| 2017 | -- | $41,960 +17.2% |
| 2016 | -- | $35,810 +15.2% |
| 2015 | -- | $31,090 +8.4% |
| 2014 | -- | $28,680 -9.2% |
| 2011 | -- | $31,590 -15% |
| 2010 | $1,852 -22.5% | $37,170 -25.8% |
| 2009 | $2,389 | $50,120 |
Find assessor info on the county website
Monthly payment
Est. payment






