29 days on rocket

5371 Cooley Lake Rd, Waterford, MI, 48327

$525,000

Home List Price

$6,234*

Closing Credit

3 Bedrooms
2 Full Baths
1,730 SqFt
$303/SqFt
House

Location

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5371 Cooley Lake Rd, Waterford$525,000

Buyer Closing Credits

$6,234*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
ParkingDirect Access, Electricity, Door Opener, Attached
Attached Garage2 spaces
Year Built1927
HeatingNatural Gas, Hot Water
CoolingCeiling Fan(s), Window Unit(s)
BasementYes
WaterfrontLake
FireplaceNatural, Living Room
MLS #20240078436
Lot Size0.25 Acres
StatusActive

About 5371 Cooley Lake Rd

Discover this main lakefront home on Elizabeth Lake, perfect for water skiing, jet skiing, and boating on one of the area's most coveted all-sports lakes. This 363-acre lake with a hard sand bottom offers expansive views across the water. Enjoy a beautiful sandy beach and swimming area. Fully updated in 2023, this stunning 1730-square-foot home features 2-3 bedrooms and 2 full baths. The primary bedroom includes an 11 x 10 dressing/flex room. Notice the solid construction with an extensive brick exterior. Unwind on the lakeside patio, which boasts an outdoor fireplace for the cooler evenings. The spacious family room provides lake views and a brick fireplace. A sizable dining room and kitchen offer ample cabinets and workspace. The home includes newer windows, new carpet 2021, and an oversized garage with an attached fenced dog run. Recent updates encompass a brand-new kitchen renovation with cabinets, counters, backsplash, and appliances, new laminate flooring throughout the main floor, renovated full bathrooms main and 2nd floor, new sump pump and new roof and gutters!

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1927
  • Stories: 2
  • Living Area: 1,730 SqFt

Listing Office:

  • Office Name: KW Showcase Realty
  • Office Phone: (248) 360-2900
  • Listing Agent: Debra Lenzen

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Refrigerator, Microwave, Stainless Steel Appliance(s)
  • Basement: Yes
  • Interior: High Spd Internet Avail, Programmable Thermostat, Water Softener (owned)
  • Fireplace: Natural, Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Lake

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Direct Access, Electricity, Door Opener, Attached

Virtual/3D Tour

  • Virtual Tour: 5371 Cooley Lake Rd
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Lot Features

Lot Information:

  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water
  • Cooling: Ceiling Fan(s), Window Unit(s)

Other

Directions Information:

  • Directions: N. of Cass Elizabeth

Price Information

Listing Price Info

Price Summary:

  • List Price: $525,000
  • Price Per SqFt: $303/SqFt

Tax Information:

  • Annual Amount: $4,220
  • 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

5371 Cooley Lake Rd vs Waterford

29 DAYS ON ROCKET

+7 Days

$525,000

+$260K More

$303/SqFt

+$111 More

KEY TAKEAWAY

This property is $260K more than the Median Sold Price and $111/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: #20240078436

Listing Office:

  • Office Name: KW Showcase Realty
  • Office Phone: (248) 360-2900
  • Listing Agent: Debra Lenzen

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: 11/15/2024, 2:20:51 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

Nov 17, 2003Home Sold
$295,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,220$214,020
2020$4,137$183,740
2018$4,105$140,830
2017$3,776$154,340

History based on county public records data.

Payment Calculator

$2,688

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,640

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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-346574
4
/10

  • Haviland Elementary School

  • 5305 Cass Elizabeth Rd

  • 0.39 miles

  • Public District Grades KG-5

school-card-donut-346575
4
/10

  • Knudsen Elementary School

  • 5449 Crescent Rd

  • 0.53 miles

  • Public District Grades KG-5

school-card-donut-346576
5
/10

  • Beaumont Elementary School

  • 6532 Elizabeth Lake Rd

  • 1.55 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,389. The majority of Waterford, MI residents have income between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

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.

Types of housing 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.

What is it like to live in Waterford, MI?

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.

Is it easy to get around Waterford, MI without a car?

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.

Transportation in Waterford, MI.

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 5371 Cooley Lake Rd

What is the listing price of this property?

The listing price of 5371 Cooley Lake Rd property is $525,000.

What type of property is this?

The property 5371 Cooley Lake Rd is a house located in Waterford, Michigan, 48327.

Is this property for sale now?

Active Listing: 5371 Cooley Lake Rd 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 $4,220 (source: MLS/based on county public records data).

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

The last sale was on November 17, 2003 for $295,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5371 Cooley Lake Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5371 Cooley Lake Rd is 1,730 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5371 Cooley Lake Rd is 1927.

Rocket Homes›Michigan›Oakland County›Waterford›48327›5371 Cooley Lake Rd

This home is located at 5371 Cooley Lake Rd in Waterford, MI and zip code 48327. This 1,730 square foot home, which was built in 1927, sits on a 0.25 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 16, 2024 and is currently priced at $525,000.

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. In October 2024, listings were on the market for 22 days. During the same period, the median list price in this real estate market was $265,000.

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

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