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1053 Myrtle Ave, Waterford, MI, 48328

2beds
1baths
869sqft
$155,000
$178price/sqft
$1,236/moest. monthly cost
$49,440/yrincome needed

About This Home

Welcome to this 2-bedroom home offering great potential for a first-time buyer, investor, or anyone looking for an affordable property they can make their own. The home features newer windows and attractive, low-maintenance siding, adding both value and curb appeal. The oversized 2+ car garage offers plenty of room for vehicles, storage, hobbies, or a workshop, along with a separate finished area that could be used as a home office, recreation room, or additional flex space. The seller has recently completed a deep cleaning and removed most of the furniture, giving buyers a much better opportunity to see the home’s layout, available space, and full potential. The property is priced to reflect its condition and the previous owner’s smoking history. With fresh paint and some personal updates, this home offers an excellent opportunity to build equity, create a comfortable first home, or add a potential rental property to your investment portfolio. Come take a look and envision the possibilities!

Getting Around

75
WalkingVery Walkable
0
TransitVery Limited Transit
50
BikeBikeable

Schools

5/10
Mason Middle SchoolGrades 6-84.1 mi
5/10

Construction

Condition

  • Year built: 1915

Materials

  • Foundation: Basement,Crawl Space,Poured
  • Roof: E NE RG YS TA RShingles
  • Construction materials: Vinyl Siding

Notable Dates

  • Major remodel year: 2006

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Free Standing Electric Oven,Free Standing Electric Range,Free Standing Refrigerator,Microwave,Washer
  • Laundry features: Laundry Room

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedroom

  • Level: Entry
  • Area: 81
  • Dimensions: 9 X 9

Bedroom

  • Level: Entry
  • Area: 90
  • Dimensions: 9 X 10

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Level: Entry
  • Area: 72
  • Dimensions: 9 X 8

Features

  • Finished area above ground: 869

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Ceiling Fans,Window Units

Interior Area

  • Total interior livable area: 869 sqft

Kitchen

  • Level: Entry
  • Area: 117
  • Dimensions: 13 X 9

Laundry

  • Level: Basement
  • Area: 100
  • Dimensions: 10 X 10

Living Room

  • Level: Entry
  • Area: 171
  • Dimensions: 19 X 9

Other

  • Level: Entry
  • Area: 77
  • Dimensions: 7 X 11

Property

Details

  • Parcel number: 1325457005
  • Special condition: Short Sale No,Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: GroundLevelwSteps
  • Pool features: None
  • Patio & porch: Porch
  • Fencing: Fencing Allowed

Lot

  • Lot size: 5,662 sqft
  • Lot size dimensions: 50 x 115

Parking

  • Total spaces: 2.5
  • Parking features: Twoand Half Car Garage,Detached,Garage Faces Front
  • Has garage: Yes
  • Attached garage spaces: 2.5

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 $783$9,396
Home Insurance *$104$1,248
Property Taxes $161$1,932
Electricity $188$2,259
Total$1,236$14,832
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$42,377/yr
40% on housing$37,080/yr
45% on housing$32,960/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

$178This listing

vs Other Active Listings

Avg $/sqft

ZIP 48328$168
Oakland County$199

vs Homes Sold Last Month

Median $/sqft

ZIP 48328$185
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
2026-08-10Price change$155,000
2026-08-06Listed for sale$150,000
2021-11-22Sold$145,000
2021-07-31Pending sale$149,900
2021-07-13Listed for sale$149,900
2005-04-14Sold$65,000

For Sale by Agent

AgentNicholas Allen
BrokerageRE/MAX Showcase Homes

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