Sold
569 E Guthrie Avenue, Madison Heights, MI 48071
Sold on 06/08/2026 for$145,000
MLS # 20261023816 (Realcomp)
2 beds1 bath640 sqftBuilt 19420.1 acres
1 / 25
Listing Description
Buyer’s financing fell through, creating a new opportunity for the next buyer! Back on market, contingent upon release of previous offer. The kind of opportunity buyers wait for, and it’s here! A smart buy in a location that keeps you connected, this two-bedroom ranch delivers value, flexibility, and potential from day one. Original wood floors lie beneath the newer flooring, offering the potential to bring added warmth and character throughout. The kitchen features a functional layout with stainless steel appliances, including a gas stove and vented hood fan, along with a cozy dining nook. Making this home perfect for easy, everyday living. Major updates have already been taken care of within the past 7–8 years, including the roof, furnace, added insulation, and driveway. Giving peace of mind where it counts.The primary bedroom includes pull-down attic access, providing convenient additional storage—an added bonus for keeping things organized. Step outside to a backyard with room to relax or make your own, complete with a gazebo and a 1.5-car garage that offers flexibility for storage, hobbies, or additional use. Whether you're looking for a primary residence, a manageable place to start, or a solid addition to your investment portfolio, this home offers versatility to fit a variety of needs. A great option for those looking to downsize or simplify, and a smart alternative to renting, making it an ideal entry point into homeownership. Investment potential adds to the overall appeal.Conveniently located with quick access to major freeways and just minutes from Royal Oak, Detroit, shopping, parks, schools, and the zoo—making it easy to stay connected while still having a place to unwind. A great opportunity in a location where value like this is getting harder to find. Schedule your showing and see it for yourself.EXCLUSIONS: Ring cameras and TV mounts.Seller requests post-closing occupancy.BATVAI.
Source: SparkMLS
About this home
This 2-bedroom, 1-bath, 640 sq ft home built in 1942 sits in Madison Heights in Madison Heights.
Closed at $145,000 (about $227/sq ft).
Estimated annual property tax: $2,594, or about $216 monthly. 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
Bedrooms2
Bathrooms1
Living Area640 sqft
Lot Size0.1 acres
Year Built1942
Stories1
Location
CityMadison Heights
MunicipalityMadison Heights
Zip Code48071
CountyOakland
School DistrictMadison
Construction & Systems
ConstructionVinyl Siding
BasementCrawl Space
Garage1.5 spaces
HeatingForced Air
SewerPublic
Sale & Financing
Listed4/10/2026
Sold Date6/7/2026
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$2,594
State Equalized Value$57,010
Taxable Value$51,200
Parcel #2524358026
Source: Public Records
Legal Description
T1N, R11E, SEC 24 JOHN R PARK LOT 164
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 Sharon Khousakoun
RE/MAX Eclipse
Frequently Asked Questions about 569 E Guthrie Avenue, Madison Heights, MI 48071
What school district is 569 E Guthrie Avenue, Madison Heights, MI 48071 in?
Per MLS# 20261023816, this property is served by Madison. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What type of financing is accepted for this listing?
Per MLS# 20261023816, the seller has indicated this property accepts the following financing types: Cash, Conventional, FHA, VA Loan. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261023816, the most recent reported annual property tax for 569 E Guthrie Avenue, Madison Heights, MI 48071 is $2,594. 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 569 E Guthrie Avenue, Madison Heights, MI 48071 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 569 E Guthrie Avenue, Madison Heights, MI 48071 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. 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.
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Monthly payment$908
Principal & interest$908
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
569 E Guthrie Avenue, Madison Heights, MI 48071
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Municipality
Madison Heights
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County
Oakland County
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