Sold
205 Royal Park Lane, Madison Heights, MI 48071
Sold on 04/30/2026 for$310,000
MLS # 20261022932 (Realcomp)
3 beds2 baths1,953 sqftBuilt 19560.14 acres
1 / 44
Listing Description
Welcome to this beautifully updated ranch home in Madison Heights! This property features 3 bedrooms and 1.5 bathrooms with a comfortable and functional layout. The main level showcases recently refinished hardwood flooring, along with a fully remodeled kitchen featuring brand new cabinetry, quartz countertops, a luxury backsplash, and brand new stainless steel appliances. Additional updates include a newer roof, gutters, windows, garage door, A/C unit, water heater, and front door. Furthermore, the electrical panel has been fully upgraded with permits, ensuring modern safety. The entire plumbing system has been replaced with durable PVC piping. The spacious finished basement features luxury vinyl flooring, a large bedroom, additional living space, and a convenient half bathroom perfect for guests or extended use. Conveniently located near shopping, dining, and major roads. A great opportunity you don’t want to miss schedule your showing today!
Source: SparkMLS
About this home
Located in Madison Heights in Madison Heights, this property offers 3-bedroom, 2-bath, 1,953 sq ft, with original construction dating to 1956.
This home sold for $310,000 (about $159/sq ft).
Annual property taxes run approximately $2,552 ($213/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms2
Living Area1,953 sqft
Lot Size0.14 acres
Year Built1956
Stories1
Location
CityMadison Heights
MunicipalityMadison Heights
Zip Code48071
CountyOakland
School DistrictMadison
Construction & Systems
ConstructionBrick
Garage2 spaces
HeatingForced Air
SewerPublic
InteriorBasement Finished
Sale & Financing
Listed4/6/2026
Sold Date4/29/2026
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$2,552
State Equalized Value$104,280
Taxable Value$42,710
Parcel #2514430042
Source: Public Records
Legal Description
T1N, R11E, SEC 14 MAX SPOON SUB LOT 61
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Sinan Ghareeb
National Realty Centers, Inc
Frequently Asked Questions about 205 Royal Park Lane, Madison Heights, MI 48071
Which school district serves 205 Royal Park Lane, Madison Heights, MI 48071?
Per MLS# 20261022932, 205 Royal Park Lane, Madison Heights, MI 48071 is in the Madison boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Madison directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 20261022932, this listing accepts Cash, Conventional, FHA, VA Loan financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 205 Royal Park Lane, Madison Heights, MI 48071?
Per public tax records, annual property taxes for this property are $2,552. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 205 Royal Park Lane, Madison Heights, MI 48071 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 205 Royal Park Lane, Madison Heights, MI 48071 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 205 Royal Park Lane, Madison Heights, MI 48071?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Sewer: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Oakland County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
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Monthly payment$2,010
Principal & interest$2,010
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
205 Royal Park Lane, Madison Heights, MI 48071
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Municipality
Madison Heights
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County
Oakland County
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