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5584 Water Way Ct

West Bloomfield Township, MI 48322

3 bd 4 ba 2,242 sqft Built 1981 condos
Most recent sale
$407,000
Feb 8, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 8, 2024 Sold $407,000 Realcomp
Jan 15, 2024 Listed $379,000 Realcomp
Apr 16, 2014 Sold $175,000 Public Record
Nov 13, 2009 Listing removed $200,000 Realcomp
Oct 14, 2009 Listed $200,000 Realcomp
Mar 23, 1998 Sold $250,000 Public Record
Feb 8, 1993 Sold $225,000 Public Record
Aug 14, 1992 Sold $80,610 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $156,040 $3,721
2020 $143,020 $3,691
2019 $123,530 $3,633
2018 $116,840 $3,619
2017 $114,500 $3,571
2016 $109,390 $3,564
2015 $112,890 $3,594
2014 $104,630 $3,590
2013 $95,980 $3,476
2012 $95,970 $3,432
2011 $103,150 $3,621
2010 $121,220 $3,884
2009 $139,120 $4,416
2008 $174,290 $3,235
2007 $174,420 $3,177

Property facts

Year built
1981
Property type
condos
Stories
1
Beds
3
Baths
4
Living area
2,242 sqft
Lot size
ZIP code
48322
City
West Bloomfield Township
Street
Water Way Ct
Coordinates
42.55512, -83.39964

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,363
Gross rental yield
9.92%
Implied cap rate
6.45%
Trend-extrapolated value

Frequently asked questions

When did 5584 Water Way Ct last sell?
5584 Water Way Ct most recently sold on Feb 8, 2024 for $407,000.
What is the current tax assessment for 5584 Water Way Ct?
The most recent total assessment for 5584 Water Way Ct (year 2021) is $156,040 with $3,721 in property tax.
How does 5584 Water Way Ct's assessment compare to its last sale price?
The current assessment is 61.7% below the last sale price of $407,000.
When was 5584 Water Way Ct built?
5584 Water Way Ct was built in 1981.
How does 5584 Water Way Ct compare to others on Water Way Ct?
We track 1 other property on Water Way Ct. Browse the list under "Other properties on Water Way Ct" to compare beds, baths, and sale history.
What are the property facts for 5584 Water Way Ct?
5584 Water Way Ct is a 3 bed, 4 bath, 2,242 sqft condos.
Is 5584 Water Way Ct a flip candidate?
No — 5584 Water Way Ct does not appear in our flips dataset.
Is 5584 Water Way Ct a tax-appeal candidate?
No — 5584 Water Way Ct 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
+4.1%
Implied 1-yr
+16.5%
2026 Q3
$615.1K
2026 Q4
$635.1K
ZIP 48322 — Median Price History + Forecast

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