3699 Percy King Road, Waterford Township, MI 48329
Est. $1,867/mo with current taxes · · See the breakdown
About this home
Ever Dream of living under a 1/2 mile from exclusive 185 acre ALL SPORTS LOTUS LAKE WITH YOUR OWN PRIVATE BEACH ASSOCIATION to boat, jet ski, fish, kayak and more in a beautiful park with launch? WELL NOW YOU CAN! This 3 bedroom 1.1 bath colonial with attached 2 garage and completely fenced backyard, covered front porch with huge shed for all your water toys and more is now available in the much sought after Lotus Lake Sub. This home features include a huge primary bedroom, large living room with beautiful windows throughout for tons of natural light, a gorgeous kitchen with eat-in dining, a multi purpose room off the kitchen that could be an office, formal dining, playroom or whatever your current lifestyle demands. First floor laundry and a convenient bath rounds out a great floor plan with endless potential! This home needs some cosmetic work and TLC and is perfect for buyers looking to customize and modernize a home with lake access to their own taste. Immediate Occupancy! BATVAI
Monthly payment
The tax line is the seller's current bill from the MLS. Michigan uncaps the taxable value the year after a sale, so tap See uncapped taxes for what a buyer will likely pay then.The uncapped tax line is this home's bill after it uncaps: half the price times 34.36 mills, the 2025 homestead rate here. Insurance is a $2,400/yr placeholder and PMI 0.55% of the loan below 20% down. An estimate, not a loan quote.
The facts
| Price | $239,900 |
| Beds | 3 |
| Baths | 1 full, 1 half |
| Square feet | 1,910 |
| Type | Single family residence |
| Subdivision | LOTUS LAKE |
| County | Oakland |
| MLS # | 20261077390 |
| Listed | 2026-10-29 |
| Days on market | 4 |
| Year built | 1960 |
| Possession | At closing |
| Stories | 2 stories |
| Heating | Forced air, Natural gas |
| Foundation | Slab |
| Garage spaces | 2.0 |
| Water / Sewer | City water / Sewer at street |
| Waterfront | Lotus Lake |
| Parcel number | 1305452008 |
| Listing office | National Realty Centers, Inc |
Property taxes: the seller's bill vs. yours
| This seller today | You, the year after buying | |
|---|---|---|
| Taxable value | $56,860 | about $119,950 |
| Yearly property tax | $2,350 | about $4,121 |
Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $1,771 a year more than this seller pays. The assessor's state equalized value (SEV) is $109,870. Your taxable value resets to the SEV the year after you buy, and assessors usually raise it to about half the sale price. Estimate uses Waterford Township's 2025 homestead rate of 34.36 mills and assumes you claim the homestead exemption. See Waterford Township's full tax breakdown or run the uncapping calculator.
Location
IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-11-02T23:11+00:00; refreshed at least twice daily.