new - 5 days on rocket

3860 Faber Ter, Waterford, MI, 48328

$299,900

Home List Price

$3,561*

Closing Credit

3 Bedrooms
3 Full Baths
1,632 SqFt
$184/SqFt
House

Location

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3860 Faber Ter, Waterford$299,900

Buyer Closing Credits

$3,561*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
ParkingAttached, Basement Access
Attached Garage1 space
Year Built1941
HeatingNatural Gas, Forced Air
CoolingCentral Air
BasementYes
FireplaceNatural, Living Room
MLS #20240085241
Lot Size0.29 Acres
StatusActive

About 3860 Faber Ter

Freshly renovated bungalow on over 1/4 acre fenced deep (140') double lot very close to Elizabeth Lake, Cass, Sylvan, Otter and Geneva Lakes. Large inviting covered front porch with swing. Kitchen features whte arch top raised panel door cabinets, new granite counters, undermount stainless steel sink and new floor. Bayed dining area with coved ceiling. Large living room with stone/ceramic face marble hearth fireplace and coved ceiling. First floor primary bedroom suite with double closets, private bath with new vanity, top acrylic tub surround, fixtures and doorwall to covered deck. Other first floor bedroom has walkin closet. Second first floor full bath with ceramic tub surround and new vanity, top and fixtures. Sunporch off kitchen area. Covered deck leads to huge open stepdown deck. Huge upper sitting area leads to large upper bedroom. New paint, fixtures and flooring throughout including new carpet in all bedrooms. Finished basement with a living area, separate room, full shower bath and kitchenette with gas cooktop and sink. Lower level garage with side storage area enters basement kitchenette. New roof. New extensive professional landscaping including retaining wall. Seller will supply new kitchen appliances but ONLY if it's negotiated in your offer. Owner is a licensed broker in the state of Michigan.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1941
  • Stories: 1
  • Living Area: 1,632 SqFt

Listing Office:

  • Office Name: John Graham Realty, LLC
  • Office Phone: (586) 799-4700
  • Listing Agent: John Graham

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: Natural, Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Fenced

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached, Basement Access

Lot Features

Lot Information:

  • Lot Size: 0.29 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Enter S Winding Dr south off Elizabeth Lake Rd then west on Faber Terrace

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,900
  • Price Per SqFt: $184/SqFt

Tax Information:

  • Annual Amount: $1,506
  • 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

$265K

Med. Price/SqFt

$192

Avg. Days On Market

22

# of Sold Homes

64

3860 Faber Ter vs Waterford

5 DAYS ON ROCKET

-17 Days

$299,900

+$34.9K More

$184/SqFt

-$8 Less

KEY TAKEAWAY

This property is $34.9K more than the Median Sold Price and $8/SqFt less 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: #20240085241

Listing Office:

  • Office Name: John Graham Realty, LLC
  • Office Phone: (586) 799-4700
  • Listing Agent: John Graham

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: 11/17/2024, 8:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 20, 2001Home Sold
$130,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,506$88,510
2020$1,478$79,730
2018$1,467$66,370
2017$1,355$59,360

History based on county public records data.

Payment Calculator

$1,564

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

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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.

Nearby Schools

school-card-donut-356069
3
/10

  • Donelson Hills Elementary School

  • 2690 Wewoka Rd

  • 1.43 miles

  • Public District Grades KG-5

school-card-donut-356070
4
/10

  • Haviland Elementary School

  • 5305 Cass Elizabeth Rd

  • 1.53 miles

  • Public District Grades KG-5

school-card-donut-356071
5
/10

  • Roosevelt Elementary School

  • 2065 Cass Lake Rd

  • 1.70 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $67,451. The most common annual income of people living in Waterford, MI is between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Waterford, MI

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Waterford, MI?

Waterford's housing market is diverse, offering a range of options from charming single-family homes to convenient apartment complexes and townhouses. The architectural styles vary, with a noticeable presence of ranch-style homes, colonials, and contemporary designs. A significant portion of the housing stock was built during the post-war era, reflecting the town's growth during the mid-20th century. The homeownership rate in Waterford is robust, with a majority of residents owning their homes, while a smaller percentage of the population opts for rental living arrangements.

Is Waterford, MI a good place to live?

Waterford is known for its welcoming community and serene suburban feel. The town prides itself on its numerous lakes and waterways, which provide residents with ample opportunities for outdoor recreation and scenic beauty. Seasonal events and local festivals contribute to the area's sense of community, with residents coming together to celebrate and enjoy the town's offerings. The presence of well-maintained parks and community centers underscores Waterford's commitment to fostering a family-friendly environment.

Are things conveniently located in Waterford, MI?

The community is served by a solid educational system, including several public schools that cater to different age groups, as well as private educational options. Healthcare needs are met by local clinics and nearby hospitals that offer a range of medical services. Waterford's public library system supports lifelong learning with a variety of programs and resources. The town also features a selection of retail and dining options that reflect the local culture, with both chain stores and independent businesses present.

What does the transportation in Waterford, MI look like?

Transportation in Waterford is facilitated by a network of major roads and highways, making it convenient for residents to commute to nearby cities and towns. Public transportation services are available, providing connections to key areas within the community. The town also supports ride-sharing options for added convenience. While Waterford has areas that are pedestrian-friendly, the use of a personal vehicle is common for most residents. Efforts to improve walkability and bikeability are ongoing, enhancing the accessibility of local amenities.

Frequently Asked Questions About 3860 Faber Ter

What is the listing price of this property?

The listing price of 3860 Faber Ter property is $299,900.

What type of property is this?

The property 3860 Faber Ter is a house located in Waterford, Michigan, 48328.

Is this property for sale now?

Active Listing: 3860 Faber Ter is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,506 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 20, 2001 for $130,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3860 Faber Ter has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 3860 Faber Ter is 1,632 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3860 Faber Ter is 1941.

Rocket Homes›Michigan›Oakland County›Waterford›48328›3860 Faber Ter

This home is located at 3860 Faber Ter in Waterford, MI and zip code 48328. This 1,632 square foot home, which was built in 1941, sits on a 0.29 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $299,900.

In October 2024 more than 25 listings in Waterford, MI were sold above the asking price. During the same period more than 13 listings were sold at asking price, while more than 26 were sold below. In October 2024 in Waterford, MI there were 3.9% more homes for sale than in September 2024. While the average time on the market in October 2024 was 22 days, the median list price was $265,000.

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

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