Sold
7540 Prospect Avenue, Warren, MI 48091
Sold on 07/15/2026 for$51,500
MLS # 20261042012 (Realcomp)
3 beds1 bath799 sqftBuilt 19400.1 acres
1 / 11
Listing Description
Handyman Special; as it is condition . Amazing 2/3 bedrooms Ranch house with long concrete tiled Driveway now available for first time investor , first time buyer or fixflipper . House got huge potential at proper investment zone of nine mile warren areas with private fenced with small porch at the front and back. Seller never lived there and will not do any repair or renovation. COC buyer and his agents responsibility. Proper convenient location where groceries, school, park, mosque/church, community hall, mall, ride, major highways etc. within walking distance. Would not last long.
Source: SparkMLS
About this home
Located in Warren in Warren, this property offers 3-bedroom, 1-bath, 799 sq ft, with original construction dating to 1940.
Closed at $51,500 (about $64/sq ft).
Annual property taxes run approximately $703 ($59/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
Bathrooms1
Living Area799 sqft
Lot Size0.1 acres
Year Built1940
Stories2
Location
CityWarren
MunicipalityWarren
Zip Code48091
CountyMacomb
School DistrictVan Dyke
Construction & Systems
ConstructionAluminum Siding
BasementCrawl Space
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed6/5/2026
Sold Date7/14/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$703
State Equalized Value$27,270
Taxable Value$13,607
Parcel #13-33-429-014
Source: Public Records
Legal Description
LEO A. TEMROWSKI'S SUBDIVISION LOT 91 L7 P92
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Md Tawhedul Khan
American Realtors
Frequently Asked Questions about 7540 Prospect Avenue, Warren, MI 48091
What school district is 7540 Prospect Avenue, Warren, MI 48091 in?
Per MLS# 20261042012, this property is served by Van Dyke. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 20261042012, 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# 20261042012, the most recent reported annual property tax for 7540 Prospect Avenue, Warren, MI 48091 is $703. 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 7540 Prospect Avenue, Warren, MI 48091 eligible for USDA financing?
Per USDA Rural Development boundary data, 7540 Prospect Avenue, Warren, MI 48091 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, 7540 Prospect Avenue, Warren, MI 48091 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. Macomb County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
Map
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Monthly payment$363
Principal & interest$363
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
7540 Prospect Avenue, Warren, MI 48091
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Municipality
Warren
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County
Macomb County
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