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7039 Colonial Oaks Dr

Waterford Township, MI 48327

2 bd 2 ba 1,153 sqft Built 1994 condos
Most recent sale
$166,000
Jun 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 17, 2022 Sold $166,000 Public Record
May 24, 2022 Sold $166,000 Realcomp
Apr 19, 2022 Listed $150,000 MLS #2220022162
Jul 17, 2020 Sold $132,000 Public Record
Jul 14, 2020 Sold $132,000 Realcomp
Nov 24, 1998 Sold $119,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $83,800 $1,752
2023 $76,030 $2,750
2022 $70,060 $2,441
2021 $65,440 $2,765
2020 $62,190 $1,055
2019 $56,050 $1,035
2018 $53,850 $1,027
2017 $51,660 $944
2016 $42,900 $943
2015 $39,290 $944
2014 $27,060 $933
2013 $26,730 $908
2012 $28,180 $919
2011 $29,270 $949
2010 $44,590 $1,418
2009 $60,280 $1,793
2008 $65,560 $1,233
2007 $71,300 $1,235

Property facts

Year built
1994
Property type
condos
Stories
2
Beds
2
Baths
2
Living area
1,153 sqft
Lot size
ZIP code
48327
City
Waterford Township
Street
Colonial Oaks Dr
Coordinates
42.62253, -83.42646

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,730
Gross rental yield
12.51%
Implied cap rate
8.13%
Trend-extrapolated value

Frequently asked questions

When did 7039 Colonial Oaks Dr last sell?
7039 Colonial Oaks Dr most recently sold on Jun 17, 2022 for $166,000.
What is the current tax assessment for 7039 Colonial Oaks Dr?
The most recent total assessment for 7039 Colonial Oaks Dr (year 2025) is $83,800 with $1,752 in property tax.
How does 7039 Colonial Oaks Dr's assessment compare to its last sale price?
The current assessment is 49.5% below the last sale price of $166,000.
When was 7039 Colonial Oaks Dr built?
7039 Colonial Oaks Dr was built in 1994.
How does 7039 Colonial Oaks Dr compare to others on Colonial Oaks Dr?
We track 6 other properties on Colonial Oaks Dr. Browse the list under "Other properties on Colonial Oaks Dr" to compare beds, baths, and sale history.
What are the property facts for 7039 Colonial Oaks Dr?
7039 Colonial Oaks Dr is a 2 bed, 2 bath, 1,153 sqft condos.
Is 7039 Colonial Oaks Dr a flip candidate?
Yes — 7039 Colonial Oaks Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 7039 Colonial Oaks Dr a tax-appeal candidate?
No — 7039 Colonial Oaks Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.4%
Implied 1-yr
+13.5%
2026 Q3
$338.6K
2026 Q4
$347.9K
ZIP 48327 — Median Price History + Forecast

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