15 days on rocket

Sale Pending

5501 Pontiac Lake Rd, Waterford, MI, 48327

$250,000

Home List Price

$2,969*

Closing Credit

3 Bedrooms
1 Full Bath
1,228 SqFt
$204/SqFt
House
Schools Nearby

Location

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5501 Pontiac Lake Rd, Waterford$250,000

Buyer Closing Credits

$2,969*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1938
HeatingNatural Gas, Forced Air
CoolingCentral Air
MLS #20240032727
Lot Size0.19 Acres
StatusSale Pending
(Pending)

About 5501 Pontiac Lake Rd

Welcome to your dream home! This beautifully renovated property at 5501 Pontiac Lake in Waterford, MI, offers modern comforts and stylish living in a prime location. With meticulous attention to detail, this 3-bedroom, 1-bathroom home has been fully updated to provide a fresh and inviting atmosphere.Key Features:New Floors: Enjoy the sleek, contemporary look and feel of brand-new flooring throughout the home.New Windows: Experience enhanced natural light and energy efficiency with all-new windows.Renovated Bathroom: The full bathroom has been tastefully updated with modern fixtures and finishes, offering a spa-like experience.Modern Kitchen: The kitchen boasts new cabinetry, countertops, and stainless steel appliances, perfect for cooking and entertaining.Updated Electrical and Plumbing: Benefit from peace of mind with completely updated electrical and plumbing systems.Situated in a friendly neighborhood with convenient access to local amenities, parks, and schools, this home is ideal for families, professionals, and anyone looking for a move-in-ready property. Don't miss your chance to own this exceptional home at 5501 Pontiac Lake. Schedule a showing today and see for yourself the quality and care put into every detail of this renovation!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1938
  • Stories: 1
  • Living Area: 1,228 SqFt

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 501-7085
  • Listing Agent: Christopher Deighton

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator, Gas Cooktop, Microwave
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Mott High School, Public District Grades 9-12
  • Pierce Middle School, Public District Grades 6-8
  • Riverside Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: House is located on the corner of Pinegrove and Pontiac Lake.

Price Information

Listing Price Info

Price Summary:

  • List Price: $250,000
  • Price Per SqFt: $204/SqFt

Tax Information:

  • Annual Amount: $936
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Waterford, MI.

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Waterford, MI

City

Med. Sold Price

$254.7K

Med. Price/SqFt

$188

Avg. Days On Market

15

# of Sold Homes

79

5501 Pontiac Lake Rd vs Waterford

15 DAYS ON ROCKET

-0 Day

$250,000

-$4.7K Less

$204/SqFt

+$15 More

KEY TAKEAWAY

This property is $4.7K less than the Median Sold Price and $15/SqFt more than other homes in Waterford, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240032727

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 501-7085
  • Listing Agent: Christopher Deighton

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/2/2024, 6:20:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$936$43,240
2020$918$39,780
2018$911$34,250
2017$841$35,030

History based on county public records data.

Payment Calculator

$1,315

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$816

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-7107640
4
/10

  • Riverside Elementary School

  • 5280 Farm Rd

  • 0.33 miles

  • Public District Grades KG-5

Middle School

school-card-donut-7107641
4
/10

  • Pierce Middle School

  • 5145 Hatchery Rd

  • 1.48 miles

  • Public District Grades 6-8

High School

school-card-donut-7107642
4
/10

  • Mott High School

  • 1151 Scott Lake Rd

  • 2.38 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,700. Most Waterford, MI residents have annual incomes less than $35k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5501 Pontiac Lake Rd

What is the listing price of this property?

The listing price of 5501 Pontiac Lake Rd property is $250,000.

What type of property is this?

The property 5501 Pontiac Lake Rd is a house located in Waterford, Michigan, 48327.

Is this property for sale now?

Sale Pending: 5501 Pontiac Lake Rd is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 5501 Pontiac Lake Rd are:
Riverside Elementary School: GreatSchools Rating 4/10
Pierce Middle School: GreatSchools Rating 4/10
Mott High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $936 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5501 Pontiac Lake Rd has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 5501 Pontiac Lake Rd is 1,228 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5501 Pontiac Lake Rd is 1938.

Rocket Homes›Michigan›Oakland County›Waterford›48327›5501 Pontiac Lake Rd

This home is located at 5501 Pontiac Lake Rd in Waterford, MI and zip code 48327. This 1,228 square foot home, which was built in 1938, sits on a 0.19 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $250,000.

Over 37 listings were sold over their listed price in May 2024 in Waterford, MI. In the same period over 27 listings were sold below the listed price and 15 listings were sold for the listed price. The number of homes for sale in Waterford, MI increased by 9.8% between April 2024 and May 2024. While the average time on the market in May 2024 was 15 days, the median list price was $254,733.

From Rocket Homes Real Estate and based on county public records data.

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