7720 Lake Ridge Dr
Waterford Township, MI 48327
2 bd 2 ba 1,000 sqft Built 1988 condos
Most recent sale
$155,000
Nov 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 15, 2022 | Sold | $155,000 | Realcomp |
| Oct 19, 2022 | Listed | $155,000 | Realcomp |
| Aug 1, 1988 | Sold | $71,120 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $58,910 | $1,460 |
| 2020 | — | — | $58,850 | $1,456 |
| 2019 | — | — | $52,850 | $1,429 |
| 2018 | — | — | $44,250 | $1,410 |
| 2017 | — | — | $40,170 | $1,325 |
| 2016 | — | — | $36,220 | $1,320 |
| 2015 | — | — | $32,630 | $1,320 |
| 2014 | — | — | $28,630 | $1,302 |
| 2013 | — | — | $24,440 | $1,270 |
| 2012 | — | — | $24,090 | $1,219 |
| 2011 | — | — | $29,740 | $1,500 |
| 2010 | — | — | $37,040 | $1,844 |
| 2009 | — | — | $53,000 | $2,520 |
| 2008 | — | — | $58,970 | $1,861 |
| 2007 | — | — | $60,080 | $1,819 |
Property facts
Year built
1988
Property type
condos
Stories
2
Beds
2
Baths
2
Living area
1,000 sqft
Lot size
—
ZIP code
48327
City
Waterford Township
Street
Lake Ridge Dr
Coordinates
42.61665, -83.43756
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,500
Gross rental yield
11.61%
Implied cap rate
7.55%
Trend-extrapolated value
—
Frequently asked questions
When did 7720 Lake Ridge Dr last sell?
7720 Lake Ridge Dr most recently sold on Nov 15, 2022 for $155,000.
What is the current tax assessment for 7720 Lake Ridge Dr?
The most recent total assessment for 7720 Lake Ridge Dr (year 2021) is $58,910 with $1,460 in property tax.
How does 7720 Lake Ridge Dr's assessment compare to its last sale price?
The current assessment is 62.0% below the last sale price of $155,000.
When was 7720 Lake Ridge Dr built?
7720 Lake Ridge Dr was built in 1988.
How does 7720 Lake Ridge Dr compare to others on Lake Ridge Dr?
We track 8 other properties on Lake Ridge Dr. Browse the list under "Other properties on Lake Ridge Dr" to compare beds, baths, and sale history.
What are the property facts for 7720 Lake Ridge Dr?
7720 Lake Ridge Dr is a 2 bed, 2 bath, 1,000 sqft condos.
Is 7720 Lake Ridge Dr a flip candidate?
No — 7720 Lake Ridge Dr does not appear in our flips dataset.
Is 7720 Lake Ridge Dr a tax-appeal candidate?
No — 7720 Lake Ridge Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.4%
Implied 1-yr
+13.5%
2026 Q3
$338.6K
2026 Q4
$347.9K
ZIP 48327 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lake Ridge Dr