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5826 Andersonville Rd, Waterford, MI, 48329

3beds
5baths
2,252sqft
$350,000
$155price/sqft
$2,548/moest. monthly cost
$101,920/yrincome needed

About This Home

Multi-family on beautiful private all sports Van Norman Lake. 2500 Square foot built in 1917 and recently updated with 3 official licensed rental status. Home has 5 bedrooms, 3 full baths, 2 fireplaces, and business office with a small art gallery. Includes 200 square foot furnished cottage with natural fireplace and includes 32 foot custom built Mississippi river paddle boat with custom dock.

Getting Around

55
WalkingSomewhat Walkable
0
TransitVery Limited Transit
37
BikeSomewhat Bikeable

Schools

--
Kingsley Montgomery SchoolGrades PK-120.6 mi
7/10
5/10
Mason Middle SchoolGrades 6-82.2 mi

Construction

Condition

  • Year built: 1928

Materials

  • Foundation: Slab
  • Roof: Asphalt
  • Construction materials: Brick,Wood Siding

Notable Dates

  • Major remodel year: 2018

Type & Style

  • Home type: MultiFamily
  • Architectural style: Colonial
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 5
  • Full bathrooms: 3
  • 1/2 bathrooms: 2

Features

  • Finished area above ground: 2,252

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total interior livable area: 2,252 sqft

Property

Details

  • Parcel number: 1304104013
  • Zoning description: MultiFamily, Office, Residential
  • Special condition: Short Sale No,Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Deck,Patio
  • Waterfront features: All Sports Lake
  • Waterbody name: Van Norman Lake

Lot

  • Lot size: 6,969 sqft
  • Lot size dimensions: 39.50 x 70.00

Parking

  • Total spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Heat Wave
Ice Storm
Strong Wind

FEMA Declared Disasters in Oakland County and Michigan

Flood
Severe Ice Storm
Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,769$21,228
Home Insurance *$170$2,040
Property Taxes $364$4,368
Electricity $245$2,947
Total$2,548$30,576
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$87,360/yr
40% on housing$76,440/yr
45% on housing$67,946/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.2%
14.2%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.0%
0.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$155This listing

vs Other Active Listings

Avg $/sqft

ZIP 48329$182
Oakland County$199

vs Homes Sold Last Month

Median $/sqft

ZIP 48329$199
Oakland County$192

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-30Price change$350,000
2026-03-10Price change$359,000
2026-01-30Price change$339,000
2026-01-03Price change$349,000
2025-12-06Price change$319,000
2025-12-01Price change$325,000
2025-11-20Price change$330,000
2025-11-13Price change$339,000
2025-11-04Price change$349,000
2025-10-23Price change$450,000
2025-09-03Price change$389,000
2025-08-07Price change$395,000
2025-07-14Price change$399,000
2025-05-22Price change$435,000
2024-11-18Listed for sale$439,900
2022-04-11Sold$149,720
2021-06-17Sold$149,720
2016-01-13Sold$75,069
2015-04-16Sold$71,936
2011-08-05Sold$60,000
2007-01-18Sold$67,500

For Sale by Agent

AgentLance Shamoo
BrokerageColdwell Banker Metro Real Estate

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