For Sale
5000 Town Center, 408, Southfield, MI 48075
$199,900
MLS # 20261021373 (Realcomp)
2 beds2 baths1,378 sqftBuilt 1982
1 / 27
Listing Description
Welcome to 5000 Town Center nestled in one of the area's most sought-after locations. This expansive condo offers unbeatable space and potential in a highly desirable area. Enjoy a large living room with stunning views, a spacious kitchen, and two generously sized bedrooms with ample closet space. Both full bathrooms are oversized, providing comfort and convenience. Residents also enjoy top-tier amenities including a community room with kitchenette, fitness center, sparkling pool, large tennis court, secure parking garage, and 24/7 security for added peace of mind. An excellent opportunity to own in a premier location—don’t miss it and schedule a tour today!
Source: SparkMLS
About this home
2-bedroom, 2-bath, 1,378 sq ft home in Southfield in Southfield built in 1982.
Currently offered at $199,900 (about $145/sq ft).
Annual property taxes run approximately $2,551 ($213/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms2
Bathrooms2
Living Area1,378 sqft
Year Built1982
Stories1
Location
CitySouthfield
MunicipalitySouthfield City
Zip Code48075
CountyOakland
School DistrictSouthfield
Construction & Systems
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed4/1/2026
Original Price$205,000
Terms AcceptedCash, Conventional
HOA
HOA Fee$743 / Monthly
Source: SparkMLS
Tax Information
Annual Tax$2,237
State Equalized Value$99,510
Taxable Value$39,181
Parcel #2422427024
Source: Public Records
Legal Description
T1N,R10E,SEC 22 FIVE THOUSAND AT TOWN CENTEROCC PLAN NO 323 UNIT 24
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Alexis Wiffen
National Realty Centers, Inc
Frequently Asked Questions about 5000 Town Center, 408, Southfield, MI 48075
What school district is 5000 Town Center, 408, Southfield, MI 48075 in?
Per MLS# 20261021373, this property is served by Southfield. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 5000 Town Center, 408, Southfield, MI 48075?
Per MLS# 20261021373, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261021373, the most recent reported annual property tax for 5000 Town Center, 408, Southfield, MI 48075 is $2,237. 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.
Is 5000 Town Center, 408, Southfield, MI 48075 eligible for USDA financing?
Per USDA Rural Development boundary data, 5000 Town Center, 408, Southfield, MI 48075 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.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 5000 Town Center, 408, Southfield, MI 48075 is in flood zone X (minimal risk). 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.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Oakland County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
Map
Tax Estimate
$
Annual tax$2,551
Monthly$213
Millage rate25.6381 mills
Municipality: CITY OF SOUTHFIELD
School district: BIRMINGHAM CITY SCHOOL DIST
County: Oakland
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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Monthly payment$2,252
Principal & interest$1,297
Property taxes$213
HOA$743
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
5000 Town Center, 408, Southfield, MI 48075
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Municipality
Southfield
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County
Oakland County
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