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3503 Watkins Lake Road

3503 Watkins Lake Road, Waterford, MI 48328
House in Waterford
Sold Nov 02, 2020
$155,000
Buyer
Seller
$150,350 by Gold Star Mortgage Financial G
Mortgage Due Nov 01, 2050
Sold Dec 12, 2012
$24,000
3503 Watkins Lake Road has been categorized by the local assessors in Waterford, MI as a residential type of property. The building on the property was first built in 1936 and is 88 years old. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3503 Watkins Lake Road has 728 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,640 ft and across the front of the lot is 420 ft. The area measurement of the land has been determined as 6,882 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 480 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. From what we've gathered, the quality of these control joints have been graded with a letter grade of C- by the local assessor. The building has a gable style roof. The exterior walls of the building are made of asbestos shingle. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 3503 Watkins Lake Road sold most recently in Oct 8, 2020 for a total of $155,000. If you work out the math, that's approximately a cost of $212.91 per sqft. Before that, the property was also sold for $24,000 in Nov 23, 2012. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,669 in taxes each year. 3503 Watkins Lake Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $80,990. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 1936
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 3
  • Building Quality: C-
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Asbestos shingle
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 598
  • Garage Type: Garage
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,882
  • Lot Size Depth Feet: 1,640
  • Lot Size Frontage Feet: 420
  • Total Building Area: 728
  • Building Area: 728
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 728
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WATKINS LAKE PARK
  • Land Acres: 0.158
  • Standard Land Use Code: Single family residential
  • Legal Description 1: T3N, R9E, SEC 14 WATKINS LAKE PARK LOT 48

Ownership

  • Current Owner : WONDERS RYAN
  • Previous Owner : ZHANG XIAOYU
  • Owner Before Previous Owner: WELLS FARGO BANK NA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Waterford School District
  • School Tax School District: 63300
  • Census Tract: 145700

Zoning

  • Zoning: SI

Geography

  • District: W
  • Parcel: W -13-14-377-018
  • Lot: 48
  • Meridian: SEC 14 TWN 03N RNG 09E
  • Municipality: WATERFORD TWP
  • Latitude: 42.6646
  • Longitude: -83.3569

    Address

  • Full Address: 3503 Watkins Lake Rd
  • Address - House Number: 3503
  • Address - Street Name: Watkins Lake
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Waterford
  • Carrier Code: C030
  • 4-Digit Zip Code: 1447
  • Zip Code: 48328

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,669

    Appraisal Valuation

  • Standard Deviation: 0.1974
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 73
  • Final Value: 205,747
  • High Value: 246,374
  • Low Value: 165,120

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,350
  • First Open Lien Mortgage Lender: GOLD STAR MORTGAGE FINANCIAL G
  • First Open Lien Mortgage Recording Date: Nov 02, 2020
  • First Open Lien Mortgage Loan Amount: $150,350
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2050

    Market Valuation

  • Market Total Value: $161,980

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $80,990

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 08, 2020
  • Current Sale Recording Date: Nov 02, 2020
  • Current Sale Transaction ID: 11801816833
  • Current Sale Price: $155,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 228534
  • Previous Sale Recording Date: Dec 12, 2012
  • Previous Sale Contract Date: Nov 23, 2012
  • Previous Sale Amount: $24,000
  • Previous Sale Document Type: Other

    Last Sale Mortgage

  • First Mortgage Lender: GOLD STAR MORTGAGE FINANCIAL G
  • First Mortgage Transaction Date: Nov 02, 2020
  • First Mortgage Loan Amount: $150,350
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

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Frequently Asked Questions

What neighborhood is 3503 Watkins Lake Road located in?
The 3503 Watkins Lake Road is a house located in the neighborhood of Waterford in Waterford, Waterford.
What is the average sales price for listings in 3503 Watkins Lake Road?
The average sales price for units in 3503 Watkins Lake Road is $0 currently.

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