14113 Watersway DR # 58, Gibraltar, MI 48173
Price cut $5,000 since it was listed at $169,900
Est. $1,851/mo with current taxes · · See the breakdown
About this home
Welcome Home! Enjoy carefree condo living in this beautiful 2 bedroom, 1.5 bath Waters Edge condo, located in the charming city of Gibraltar. This lovely condo features an inviting open layout, with a spacious living room that flows into the nice dining area, and updated kitchen with granite countertops, with all the appliances included. A doorwall off the dining area opens to a private patio, perfect for relaxing or entertaining. The main floor offers an abundance of natural light, laminate flooring throughout, and a convenient half bath. The second floor also features laminate flooring throughout, a large primary bedroom with a walk-in closet, a good sized second bedroom, and a full bath. The basement offers additional living space and plenty of storage, and is just waiting for your finishing touch. There's also a 1-car attached garage with electric and an opener, and additional guest parking close by. Conveniently located near the Detroit River, Lake Erie, marinas, Lake Erie Metro Park, and local restaurants. Enjoy your summer boating, kayaking, biking and enjoying the many other activities that Gibraltar offers. Nothing to do but move in, and start enjoying carefree condo living in this wonderful community. Schedule a showing today!
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 50.25 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 | $164,900 |
| Original price | $169,900 |
| Price cut | −$5,000 |
| Beds | 2 |
| Baths | 1 full, 1 half |
| Square feet | 1,092 |
| Type | Condominium |
| Subdivision | WAYNE COUNTY CONDO SUB PLAN 576 |
| County | Wayne |
| MLS # | 20261083217 |
| Listed | 2026-10-13 |
| Days on market | 21 |
| Year built | 2004 |
| Possession | At closing |
| Stories | 2 stories |
| Basement | Unfinished |
| Heating | Forced air, Natural gas |
| Foundation | Basement, Poured |
| Garage spaces | 1.0 |
| Water / Sewer | City water & sewer |
| Parcel number | 36009030058000 |
| Listing office | Premiere Realty Group LLC |
Property taxes: the seller's bill vs. yours
| This seller today | You, the year after buying | |
|---|---|---|
| Taxable value | $61,636 | about $82,450 |
| Yearly property tax | $4,137 | about $4,143 |
Michigan caps a homeowner's taxable value until the home sells, then it resets. The assessor's state equalized value (SEV) is $82,400. 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 Gibraltar's 2025 homestead rate of 50.25 mills and assumes you claim the homestead exemption. See Gibraltar'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 2026-11-03T10:57+00:00; refreshed at least twice daily.