Sold
941 W Farnum Avenue, Madison Heights, MI 48071
Sold on 06/04/2026 for$195,000
MLS # 20261027803 (Realcomp)
3 beds1 bath1,205 sqftBuilt 19470.12 acres
1 / 18
Listing Description
Welcome to 941 W Farnum Ave! Charming, move-in ready home that has been tastefully updated throughout. The main level features two bedrooms, a full bathroom, and a beautifully renovated kitchen complete with stainless steel appliances. A partially finished basement offers additional living or flex space, while the large, fully fenced backyard provides plenty of room for outdoor enjoyment. Conveniently located with easy access to the highway for commuting.
Source: SparkMLS
About this home
Located in Madison Heights in Madison Heights, this property offers 3-bedroom, 1-bath, 1,205 sq ft, with original construction dating to 1947.
Closed at $195,000 (about $162/sq ft).
Estimated annual property tax: $3,380, or about $282 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
Bedrooms3
Bathrooms1
Living Area1,205 sqft
Lot Size0.12 acres
Year Built1947
Stories2
Location
CityMadison Heights
MunicipalityMadison Heights
Zip Code48071
CountyOakland
School DistrictCity of Royal Oak
Construction & Systems
ConstructionVinyl Siding
BasementPartial
HeatingForced Air
WaterPublic
SewerPublic
InteriorBasement Partially Finished
Sale & Financing
Listed4/22/2026
Sold Date6/3/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$3,380
State Equalized Value$89,520
Taxable Value$72,410
Parcel #2514385005
Source: Public Records
Legal Description
T1N, R11E, SEC 14 STEPHENSON SUPER HWY SUB NO 6 LOT 2566
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 Tim Urso
Keller Williams Advantage
Frequently Asked Questions about 941 W Farnum Avenue, Madison Heights, MI 48071
Which school district serves 941 W Farnum Avenue, Madison Heights, MI 48071?
Per MLS# 20261027803, 941 W Farnum 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 financing options are available for 941 W Farnum Avenue, Madison Heights, MI 48071?
Per MLS# 20261027803, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 941 W Farnum Avenue, Madison Heights, MI 48071?
Per public tax records, annual property taxes for this property are $3,380. 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, 941 W Farnum 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.
Is 941 W Farnum 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 utilities serve 941 W Farnum Avenue, Madison Heights, MI 48071?
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.
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$1,297
Principal & interest$1,297
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
941 W Farnum Avenue, Madison Heights, MI 48071
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Municipality
Madison Heights
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County
Oakland County
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