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Single Family ResidenceResidential
$183,539$205 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 91How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $180,000 on Jan 15, 2026

242 PRESTON AVE

WATERFORD, MI 48328
2
Beds
2
Baths
894 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.19 ac
Lot SizeThe size of the land the home sits on, from county records.
1949
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
4
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$184K
$167K low$200K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$180,000 · Jan 15, 2026

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,527 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$88,700 (2025)
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$86,090
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$177,400

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Ranch
CountyOAKLAND
Lot (acres)The size of the land the home sits on, from county records.0.19
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.None
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 162 ft²Patio · 162 ft²Porch · 80 ft²

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Donelson Hills Elementary SchoolD+
Elementary · Grades KG–5 · 0.4 mi
H
Mott High SchoolC-
High · Grades 9–12 · 1.5 mi
M
Mason Middle SchoolC-
Middle · Grades 6–8 · 3.9 mi

District: Waterford School District

Neighborhood · ZIP 48328These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.129
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.98
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.25

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.94%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.20%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.11%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.25,578
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,364 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$66,786
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$92,681
Average tempThe average temperature here across a full year.48°F
Annual precipHow much rain and melted snow falls here in a typical year.31 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.53%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

242 Preston Ave measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 89% of homes in Oakland County
  • Smaller than 94% of homes in Oakland County
  • Has a smaller lot than 71% of homes in Oakland County
  • Older than 83% of homes in Oakland County

What homes are worth in Waterford 48328

Each bar is how many homes fall in that price range. The marker is this home.

This home
$81K$873K

This home is worth more than 19% of homes in Waterford 48328.

How it measures up in Waterford 48328

The dot is this home. The mark in the middle is the typical home in Waterford 48328.

Estimated value$183,539
CheaperTypical $247,789Pricier

Pricier than 19% of homes nearby

Price per ft²$205
CheaperTypical $192Pricier

Pricier than 61% of homes nearby

Living area894 ft²
SmallerTypical 1,273 ft²Bigger

Bigger than 11% of homes nearby

Lot size0.19 ac
SmallerTypical 0.24 acBigger

Bigger than 40% of homes nearby

Year built1949
OlderTypical 1958Newer

Newer than 30% of homes nearby

How 242 Preston Ave ranks against every home in each area.
MeasureThis homeWaterford 48328Oakland County
Estimated valuepricier than$183,53919% of homes11% of homes
Price per ft²pricier than$20561% of homes41% of homes
Living areabigger than894 ft²11% of homes6% of homes
Lot sizebigger than0.19 ac40% of homes29% of homes
Year builtnewer than194930% of homes17% of homes

About 242 Preston Ave

How much is 242 Preston Ave, Waterford, MI worth?

The TopHap Estimate for 242 Preston Ave, Waterford, MI is $183,539 as of Sep 24, 2026. The likely range is $166,796 to $200,282. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 242 Preston Ave, Waterford, MI last sell?

242 Preston Ave, Waterford, MI last sold on Jan 15, 2026 for $180,000, according to the county's recorded deed.

How big is 242 Preston Ave, Waterford, MI?

242 Preston Ave, Waterford, MI has 2 bedrooms, 2 bathrooms, 894 square feet of living space and a 0.19-acre lot.

When was 242 Preston Ave, Waterford, MI built?

242 Preston Ave, Waterford, MI was built in 1949, making it 77 years old. It is a ranch home. The building has 1 story.

What schools serve 242 Preston Ave, Waterford, MI?

242 Preston Ave, Waterford, MI is assigned to Donelson Hills Elementary School (elementary), rated D+; Mott High School (high), rated C-; Mason Middle School (middle), rated C-. All sit in Waterford School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 242 Preston Ave, Waterford, MI compare to other homes in Waterford 48328?

Among the 8,726 homes in Waterford 48328, it is worth more than 19% of them ($183,539 against a typical $247,789), its price per square foot is higher than 61% of them ($205 against a typical $192), it is bigger than 11% of them (894 ft² against a typical 1,273 ft²), its lot is bigger than 40% of them (0.19 ac against a typical 0.24 ac) and it is newer than 30% of them (1949 against a typical 1958). Measured against all of Oakland County, it is worth more than 11% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 242 Preston Ave, Waterford, MI?

The 2025 property tax bill for 242 Preston Ave, Waterford, MI was $1,527. The county assessed it at $88,700.

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Assigned schools

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