Closed-sale statistics for Magnolia Park OCCPN 1429, with the property-tax reality attached — computed 2025-08-07 to 2026-08-11, not scraped from listings.
Median sale price
10 closed sales, 2025-08-07 to 2026-08-11
Median days on market
List-to-sale ratio
Median association fee
Michigan taxable value uncaps the year after you buy (MCL 211.27a). At this subdivision's median price of $238,000, in Waterford School District at 34.36 homestead mills, the year-two bill is approximately $4,089 — regardless of what the seller currently pays. The listing will almost certainly show less. Run your own number.
Before the mortgage, owning here runs about $581/month in taxes and association fees — the two lines portal estimates most often understate.
Median statistics cannot price a specific house. For one address we can compute the year-two tax bill, the escrow impact, eligibility for down-payment programs, and — if you own here — what a sale would actually net after transfer tax and payoff.
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The median closed sale price in Magnolia Park OCCPN 1429 (Waterford Township) is $238,000, from 10 sales 2025-08-07 to 2026-08-11.
At the median price, taxable value uncaps to roughly $119,000 and the year-two bill in Waterford School District is approximately $4,089 at homestead rates.
The median association fee across recent sales is $240 per month.
More context: Waterford Township property tax rates · school district breakdowns · all calculators