For Sale
507 Lakeville Road, 7, Leonard, MI 48367
$650
MLS # 20261049446 (Realcomp)
1 bed1 bath200 sqftBuilt 1950
1 / 6
Listing Description
LEASE WELCOME TO "FLAT "OPEN FLOOR PLAN APARTMENT #1 .WITH A KITCHEN INCLUDING STOVE AND REFRIGERATOR, ONE FULL BATH, LIVING ROOM AREA AND BEDROOM. PARKING LOCATED IN FRONT OF THE UNTIS, CLOSE TO STORES AND RESTAURANTS. IMM POSS. $650. PER MONTH 1 OR 2 YEARS LEASE. INCLUDES GAS, HEAT, WATER , TRASH. PRIVATED ENTER. SEC URITY DEPOSIT $650 TOTAL DUE FOR KEYS $ 1,300. WILL EXCEPT SECTION 8. PLEASE FILL OUT APPLICATION, WILL NEED TO PROVIDE PROOF OF EMPLOYMENT , REFERENCE LETTER, W-2, DRIVERS LICENSE. YOU MAY HAVE ONE CAT.... Utilities, included gas, water and trash.
Source: SparkMLS
About this home
This 1-bedroom, 1-bath, 200 sq ft home built in 1950 sits in Addison Township in Leonard.
Listed at $650 (about $3/sq ft).
Property tax estimate: $4,587 per year ($382/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
Bedrooms1
Bathrooms1
Living Area200 sqft
Year Built1950
Stories1
Location
CityLeonard
MunicipalityAddison Twp
Zip Code48367
CountyOakland
School DistrictOxford
Construction & Systems
ConstructionWood Siding
BasementSlab
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed6/30/2026
Terms AcceptedCash
Source: SparkMLS
Tax Information
Annual Tax$6,176
State Equalized Value$127,480
Taxable Value$119,910
Parcel #0527329001
Source: Public Records
Legal Description
T5N, R11E, SEC 27 VILLAGE OF LAKEVILLE LOTS 3 & 4 BLK 16
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Linda K Rea
Real Estate One-Rochester
Frequently Asked Questions about 507 Lakeville Road, 7, Leonard, MI 48367
Which school district serves 507 Lakeville Road, 7, Leonard, MI 48367?
Per MLS# 20261049446, 507 Lakeville Road, 7, Leonard, MI 48367 is in the Oxford boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Oxford directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 20261049446, this listing accepts Cash financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 507 Lakeville Road, 7, Leonard, MI 48367?
Per public tax records, annual property taxes for this property are $6,176. 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, 507 Lakeville Road, 7, Leonard, MI 48367 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 507 Lakeville Road, 7, Leonard, MI 48367 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 507 Lakeville Road, 7, Leonard, MI 48367?
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.
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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Tax Estimate
$
Annual tax$4,587
Monthly$382
Millage rate35.9830 mills
Municipality: TOWNSHIP OF ADDISON
School district: TR-OXFORD/LK ORION
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$386
Principal & interest$4
Property taxes$382
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
507 Lakeville Road, 7, Leonard, MI 48367
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Municipality
Addison Township
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County
Oakland County
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