Sold
520 E KALAMA Avenue, Madison Heights, MI 48071
Sold on 11/29/2022 for$195,000
MLS # 20221048537 (Realcomp)
3 beds2 baths1,260 sqftBuilt 19510.1 acres
1 / 18
Listing Description
On trend, and ready for a new owner! This recently remodeled home has what you're looking for; 2 full baths that have been tastefully redone, a granite kitchen with stainless appliances and newer cabinets, newer flooring, first floor laundry, fenced yard, and newer windows. The second floor of this home hosts a loft area which can be converted to a 4th bedroom/nursery, or use it as-is for an office space or kids play area. The second full bath is located on the second floor, a perfect pairing with the upstairs master bedroom. Master bedroom complete with a walk in closet and secondary closet. New insulation in attic, and crawl, in addition to new crawl space barrier. 1 Car finished garage with plenty of storage. Conveniently located, just 1 minute from 696/75 interchange
Source: SparkMLS
About this home
This 3-bedroom, 2-bath, 1,260 sq ft home built in 1951 sits in Madison Heights.
Closed at $195,000 (about $155/sq ft).
Annual property taxes run approximately $3,313 ($276/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms2
Living Area1,260 sqft
Lot Size0.1 acres
Year Built1951
Stories2
Location
CityMadison Heights
MunicipalityMadison Heights
Zip Code48071
CountyOakland
School DistrictMadison
Construction & Systems
ConstructionAluminum Siding
BasementCrawl Space
Garage1 space
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed10/4/2022
Sold Date11/28/2022
Original Price$245,000
Terms AcceptedCash, Conventional, FHA
Source: SparkMLS
Tax Information
Annual Tax$3,313
State Equalized Value$93,740
Taxable Value$86,940
Parcel #2524308003
Source: Public Records
Legal Description
T1N, R11E, SEC 24 OAKLAWN SUB LOT 175
Property Records
USDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Wyatt Wilson
Real Estate by Tremaine
Frequently Asked Questions about 520 E KALAMA Avenue, Madison Heights, MI 48071
Which school district serves 520 E KALAMA Avenue, Madison Heights, MI 48071?
Per MLS# 20221048537, 520 E KALAMA Avenue, 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# 20221048537, this listing accepts Cash, Conventional, FHA 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 520 E KALAMA Avenue, Madison Heights, MI 48071?
Per public tax records, annual property taxes for this property are $3,313. 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, 520 E KALAMA Avenue, Madison Heights, MI 48071 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.
What utilities serve 520 E KALAMA Avenue, Madison Heights, MI 48071?
Per Michigan Public Service Commission service territory data: 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.
Mortgage Calculator
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Monthly payment$1,394
Principal & interest$1,394
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Property
520 E KALAMA Avenue, Madison Heights, MI 48071
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County
Oakland County
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