Xome Value®
The estimated value of your home calculated using our proprietary formulas and various currently available property data.
1
The estimated value of your home calculated using our proprietary formulas and various currently available property data.
$337,688
-3.7%
Since Jul 2024
Range: $304,347-$377,956
Evaluated June 4, 2025
1 Year
5 Years
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Property Facts
5285 Tamiami Trl, Waterford, MI is a condo home that contains 1,796 Sq. Ft. and was built in 1998. It contains 4 bedrooms and 2.5 bathrooms. This home last sold for $190,000 on 12/7/2000.
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County:OAKLAND
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Year Built:1998
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Living Area:1,796 Sq. Ft.
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Lot Size:8,843 Sq. Ft.
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Zone:KI
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Parcel:W -13-09-451-033
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Bedrooms:4
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Bathrooms:2.5
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Owner:JOEL R KROESING
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Property History
Price History
Date
Event
Price
Source
12/7/2000
Sold
$190,000
Public Records
8/12/1998
Sold
$46,000
Public Records
Sales in a non-disclosure state
Tax History
Year
Taxes
Total Assessment
2024
$2,546 (+5.12%)
$137,740 (+21.41%)
2022
$2,422 (+5.76%)
$113,450 (+2.28%)
2021
$2,290 (+0.39%)
$110,920 (+2.9%)
2020
$2,281 (0%)
$107,790 (+5.04%)
2019
$2,281 (+8.77%)
$102,620 (+12.51%)
2018
$2,097 (0%)
$91,210 (0%)
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Comparable Homes
Sales in a non-disclosure state
Address
Sold Price
Details
5285 Tamiami Trl
Waterford, MI 48329
This Property
-
4 Bed
2 Bath
1,796 Sq. Ft.
1998 Year Built
1
2596 BONITA
Waterford, MI 48329
$335,000
3 Bed
2 Bath
1,469 Sq. Ft.
1900 Year Built
2
2596 BONITA Drive
Waterford Twp, MI 48329
$335,000
3 Bed
2 Bath
1,469 Sq. Ft.
2000 Year Built
3
5240 HATCHERY Road
Waterford Twp, MI 48329
$274,900
3 Bed
2 Bath
1,555 Sq. Ft.
1955 Year Built
4
5240 HATCHERY
Waterford, MI 48329
$274,900
3 Bed
2 Bath
1,555 Sq. Ft.
1900 Year Built
5
2745 MOOSEWOOD Drive
Waterford Twp, MI 48329
$380,000
4 Bed
2 Bath
1,849 Sq. Ft.
1997 Year Built
6
2579 DRIFTWOOD Drive
Waterford Twp, MI 48329
$295,000
3 Bed
2 Bath
1,724 Sq. Ft.
1998 Year Built
7
2745 MOOSEWOOD
Waterford, MI 48329
$380,000
4 Bed
3 Bath
1,849 Sq. Ft.
1900 Year Built
8
2579 DRIFTWOOD
Waterford, MI 48329
$295,000
3 Bed
3 Bath
1,724 Sq. Ft.
1900 Year Built
9
4621 Forest Avenue
Waterford Twp, MI 48328
$629,900
4 Bed
3 Bath
1,780 Sq. Ft.
1948 Year Built
10
2580 BONITA Drive
Waterford Twp, MI 48329
$307,000
3 Bed
1 Bath
1,200 Sq. Ft.
1998 Year Built
Sales in a non-disclosure state
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Market Trends
Waterford
48329
Median Sold Price
The median sold price is the middle price of all the properties that have actually been sold within a specific period.
Using the median sold price can provide valuable insights into actual market transactions and buyer behavior.
Jun 2024
$275,000
May 2025
$285,000
Change
+3.6%
1 Year
2 Years
5 Years
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Median Sales Price Per Square Foot
Median Sales Price Per Square Foot provides a quick, high-level way to evaluate appreciation or depreciation of property
values over time in the selected area. Using the price per square foot can help you estimate a property's market value.
1 Year
2 Years
5 Years
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Average Days on Market
Average Days on Market represent the average number of days a property takes to sell. Using Average Days on Market
can help provide insights into the speed at which properties are selling in a particular area or market.
Jun 2024
48 Days
May 2025
58 Days
Change
+20.8%
1 Year
2 Years
5 Years
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Supply and Demand
The following chart shows the relationship between properties for sale (supply) and properties sold (demand) in the
specified market, where available.
For Sale
Sold
1 Year
2 Years
5 Years
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Months of Supply
This chart shows how many months it would take to sell the available inventory in the specified market. A higher Months of
Supply generally indicates a buyer's market while a lower Months of Supply generally indicates a seller's market.
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2 Years
5 Years
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Area Statistics
People
ZIP (48329)
City (Waterford)
Population
24,917
73,111
Population Density
2,443.1
2,425
People Per Household
2.4
2.3
Median Age
45.4
42.3
Median Household Income
$80,016
$68,279
Average Income
$40,133
$38,291
Economy
ZIP (48329)
City (Waterford)
Unemployment
1.60%
1.60%
Recent Job Growth
0.83%
0.83%
Future Job Growth
45.92%
45.92%
Sales Tax
6.00%
6.00%
Income Tax
4.25%
4.25%
Cost of Living Index
104.7
102.9
Environment
ZIP (48329)
City (Waterford)
Altitude
978
961
Rainfall (Inches Annually)
32.3
32.17
Snowfall (Inches Annually)
33.3
38.13
January Avg. Low Temp
15.5
15.5
July Avg. High Temp
81.5
81.5
Days of Precipitation Annually
120
129
Days Mostly Sunny Annually
173
177
Comfort Index (During Hot Weather)
6
6
Source: Sperling's Best Places
Nearby Schools
Rating
School Name
Grades
Distance
6-12
0.3 mi
K-5
1.3 mi
3-6, 8, 11
0.7 mi
K-8
3 mi
Data provided by GreatSchools.org © 2025.
All rights reserved.
