For Sale
940 Rowland Road, Leonard, MI 48367
$599,999
MLS # 20261039750 (Realcomp)
4 beds3 baths2,683 sqftBuilt 19757.43 acres
1 / 65
Listing Description
The estate you will never want to leave! Up north feel while never leaving Oakland county. Completely and beautifully renovated! 7.46 acres, brand new hot water heater, new vinyl siding, new pole bar, BBQ shed, beautiful pond, new flooring, new kitchen with stone counters, new AC, new Furnace, new gutters, attached 2 car garage and secondary one car detached/workshop. More storage than you can imagine and just to sweeten this up more the four wheeler and riding lawn mower are included! That's an over $10k value!
Source: SparkMLS
About this home
Located in Addison Township in Leonard, this property offers 4-bedroom, 3-bath, 2,683 sq ft, with original construction dating to 1975.
Currently offered at $599,999 (about $224/sq ft).
Annual property taxes run approximately $7,768 ($647/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 SubtypeSingle Family Residence
Bedrooms4
Bathrooms3
Living Area2,683 sqft
Lot Size7.43 acres
Year Built1975
Stories3
Location
CityLeonard
MunicipalityAddison Twp
Zip Code48367
CountyOakland
School DistrictOxford
Construction & Systems
ConstructionBrick, Vinyl Siding
Garage2 spaces
HeatingForced Air
WaterWell
SewerSeptic Tank
InteriorBasement Finished
Sale & Financing
Listed5/30/2026
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$6,671
State Equalized Value$215,880
Taxable Value$195,110
Parcel #0516277004
Source: Public Records
Legal Description
T5N, R11E, SEC 16 PART OF SE 1/4 OF NE 1/4 BEG AT E 1/4 COR, TH N 01-18-14 E 1311.88 FT, TH N 89-09-04 W 253.00 FT, TH SLY TO E & W 1/4 LINE, TH S 88-50-49 E 253.00 FT TO BEG 7.62 A
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 Shatay Acevedo
5th Avenue Realty Inc.
Frequently Asked Questions about 940 Rowland Road, Leonard, MI 48367
What school district is 940 Rowland Road, Leonard, MI 48367 in?
Per MLS# 20261039750, this property is served by Oxford. 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# 20261039750, 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# 20261039750, the most recent reported annual property tax for 940 Rowland Road, Leonard, MI 48367 is $6,671. 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 940 Rowland Road, Leonard, MI 48367 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, 940 Rowland Road, Leonard, MI 48367 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: Septic Tank. Water: Well. 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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Tax Estimate
$
Annual tax$7,768
Monthly$647
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$4,539
Principal & interest$3,892
Property taxes$647
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
940 Rowland Road, Leonard, MI 48367
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Municipality
Addison Township
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County
Oakland County
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