24 days on rocket

7040 Villa Dr Unit 2, Waterford, MI, 48327

$105,000

Home List Price

$1,247*

Closing Credit

2 Bedrooms
1 Full Bath
907 SqFt
$116/SqFt
Condo

Location

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7040 Villa Dr Unit 2, Waterford$105,000

Buyer Closing Credits

$1,247*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCarport
Year Built1969
HeatingElectric, Baseboard
CoolingWall Unit(s)
BasementYes
MLS #20240079138
StatusActive

About 7040 Villa Dr Unit 2

This bright first floor condo features fresh carpet and paint throughout, along with an updated kitchen with white cabinets and fresh counter tops. Updated bathroom vanity and fixtures. The spacious primary bedroom includes a walk-in closet, and this unit is one of the few that comes with a carport. Additional amenities include a wall AC unit, a dining room, and a common basement with a storage cage and coin-operated washer and dryer. Current tenants lease is up 9-29-25

Property Details

Property Features

Property Information:

  • Architectural Style: Common Entry Building
  • Year Built: 1969
  • Stories: 1
  • Living Area: 907 SqFt

Listing Office:

  • Office Name: @properties Christie's Int'l R.E. Birmingham
  • Office Phone: (248) 850-8632
  • Listing Agent: Ashley Mann

Interior Features

Interior Information:

  • Appliances: Electric Oven, Dishwasher, Refrigerator
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Carport

Utilities

Utilities Information:

  • Heating: Electric, Baseboard
  • Cooling: Wall Unit(s)

Other

Directions Information:

  • Directions: North of Cooley Lake Road and West of Hospital Road

Price Information

Listing Price Info

Price Summary:

  • List Price: $105,000
  • Price Per SqFt: $116/SqFt

HOA Fees:

  • Amount: $240
  • Frequency: Monthly
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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

7040 Villa Dr Unit 2 vs Waterford

24 DAYS ON ROCKET

+2 Days

$105,000

-$160K Less

$116/SqFt

-$76 Less

KEY TAKEAWAY

This property is $160K less than the Median Sold Price and $76/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: #20240079138

Listing Office:

  • Office Name: @properties Christie's Int'l R.E. Birmingham
  • Office Phone: (248) 850-8632
  • Listing Agent: Ashley Mann

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: 11/14/2024, 11:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$832

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$381

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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-297233
6
/10

  • Keith Elementary School

  • 2800 Keith Rd

  • 1.68 miles

  • Public District Grades KG-5

school-card-donut-297234
4
/10

  • Haviland Elementary School

  • 5305 Cass Elizabeth Rd

  • 1.79 miles

  • Public District Grades KG-5

school-card-donut-297235
5
/10

  • Beaumont Elementary School

  • 6532 Elizabeth Lake Rd

  • 1.92 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 $40,068. The most common annual income of people living in Waterford, MI is between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living 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.

What are the common housing types 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 are the advantages of living 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.

Are essential services in Waterford, MI convenient?

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.

How do Waterford, MI residents get around?

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 7040 Villa Dr Unit 2

What is the listing price of this property?

The listing price of 7040 Villa Dr Unit 2 property is $105,000.

What type of property is this?

The property 7040 Villa Dr Unit 2 is a condo located in Waterford, Michigan, 48327.

Is this property for sale now?

Active Listing: 7040 Villa Dr Unit 2 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 7040 Villa Dr Unit 2 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 7040 Villa Dr Unit 2 is 907 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7040 Villa Dr Unit 2 is 1969.

Rocket Homes›Michigan›Oakland County›Waterford›48327›7040 Villa Dr Unit 2

This home is located at 7040 Villa Dr Unit 2 in Waterford, MI and zip code 48327. This 907 square foot home was built in 1969. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 21, 2024 and is currently priced at $105,000.

While more than 25 listings in Waterford, MI in October 2024 were sold above asking price, there were more than 13 listings sold at asking price, and more than 26 were sold below. In October 2024 in Waterford, MI there were 3.9% more homes for sale than in September 2024. Listings spent 22 days on the market in October 2024, and had a median list price of $265,000 during the same period.

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

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