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  • Price cut: $30K (9/3)
    $199,995

    5028 Pheasant Rd, Waterford, MI 48327

    2beds
    1,197sqft
    : 
    $1,509/mo
    Get pre-qualified
    Single Family Residence
    Built in 1949
    9,147 Square Feet Lot
    $193,700 Zestimate®
    $167/sqft
    $-- HOA

    What's special

    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.
    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#: 20261045905MLS Logo

      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

        DateEventPrice
        9/3/2026Price change$199,995-13%$167/sqft
        Source: Realcomp II #20261045905 Report a problem
        8/19/2026Price change$229,995+1.1%$192/sqft
        Source: Realcomp II #20261045905 Report a problem
        8/10/2026Price change$227,500-0.2%$190/sqft
        Source: Realcomp II #20261045905 Report a problem
        7/13/2026Price change$227,995-5%$190/sqft
        Source: Realcomp II #20261045905 Report a problem
        7/2/2026Price change$239,995-5.1%$200/sqft
        Source: Realcomp II #20261045905 Report a problem
        6/22/2026Listed for sale$252,995+63.2%$211/sqft
        Source: Realcomp II #20261045905 Report a problem
        3/15/2021Listing removed--
        Source: Owner Report a problem
        8/11/2020Listing removed$155,000$129/sqft
        Source: Owner Report a problem
        7/14/2020Listed for sale$155,000-6.1%$129/sqft
        Source: Owner Report a problem
        5/6/2020Listing removed$165,000$138/sqft
        Source: Owner Report a problem
        2/6/2020Price change$165,000-5.7%$138/sqft
        Source: Owner Report a problem
        12/11/2019Listed for sale$175,000+224.1%$146/sqft
        Source: Owner Report a problem
        7/20/2009Sold$54,000-35.1%$45/sqft
        Source: Public Record Report a problem
        10/14/2008Sold$83,205-44.5%$70/sqft
        Source: Public Record Report a problem
        1/18/2006Sold$150,000$125/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 48327

        Getting around

        37 / 100
        Car-Dependent
        34 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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