Sold
940 Mace Avenue, Madison Heights, MI 48071
Sold on 02/02/2026 for$162,000
MLS # 20251039848 (Realcomp)
3 beds1 bath912 sqftBuilt 19500.1 acres
1 / 26
Listing Description
Royal Oak Schools – Under $200K!Don’t be fooled by the exterior—this 3-bedroom, 1-bath ranch lives larger than it looks! Inside, you’ll find a functional floor plan with freshly painted rooms that feel bright and inviting. The fenced backyard is ideal for pets, play, or gardening, and the garage offers extra storage or a workshop space.Conveniently located near major transportation hubs, shopping, and dining, this home makes everyday living easy. Best of all, it’s in the highly regarded Royal Oak school district—an affordable opportunity that doesn’t come around often! 1 Year Home Warranty offered BY APHW. BATVAI
Source: SparkMLS
About this home
This 3-bedroom, 1-bath, 912 sq ft home built in 1950 sits in Madison Heights in Madison Heights.
This home sold for $162,000 (about $178/sq ft).
Estimated annual property tax: $1,203, or about $100 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. Broadband is available with download speeds up to 1,200 Mbps from 9 providers.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms1
Living Area912 sqft
Lot Size0.1 acres
Year Built1950
Stories1
Location
CityMadison Heights
MunicipalityMadison Heights
Zip Code48071
CountyOakland
School DistrictCity of Royal Oak
Construction & Systems
ConstructionAluminum Siding
BasementSlab
Garage2 spaces
HeatingForced Air
SewerPublic
Sale & Financing
Listed9/25/2025
Sold Date2/1/2026
Original Price$185,000
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$1,203
State Equalized Value$69,510
Taxable Value$26,430
Parcel #2514388010
Source: Public Records
Legal Description
T1N, R11E, SEC 14 STEPHENSON SUPER HWY SUB NO 6 LOT 2462
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Michael DeLorenzo
Arterra Realty Michigan LLC
Frequently Asked Questions about 940 Mace Avenue, Madison Heights, MI 48071
Which school district serves 940 Mace Avenue, Madison Heights, MI 48071?
Per MLS# 20251039848, 940 Mace Avenue, Madison Heights, MI 48071 is in the City of Royal Oak boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact City of Royal Oak directly to confirm enrollment eligibility.
What type of financing is accepted for this listing?
Per MLS# 20251039848, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 940 Mace Avenue, Madison Heights, MI 48071?
Per public tax records, annual property taxes for this property are $1,203. 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, 940 Mace Avenue, Madison Heights, MI 48071 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.
Is 940 Mace Avenue, Madison Heights, MI 48071 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 internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 940 Mace Avenue, Madison Heights, MI 48071. The maximum advertised download speed is 1.2 Gbps. 9 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 940 Mace Avenue, Madison Heights, MI 48071?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Sewer: 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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Monthly payment$1,070
Principal & interest$1,070
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
1.2 Gbps
Upload
50 Mbps
CableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
9 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
940 Mace Avenue, Madison Heights, MI 48071
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Municipality
Madison Heights
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County
Oakland County
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