For Sale
VL RUSSELL Street, Southfield, MI 48075
$40,000
MLS # 20250036036 (Realcomp)
0.23 acres
1 / 11
Listing Description
Here’s your chance to bring your dream home to life on this beautiful 0.23-acre lot in the heart of Southfield. Located on Russell Street, this residential parcel sits in a well-established subdivision. The lot has been cleared, but not stripped—leaving just the right amount of greenery so you can enjoy shade, privacy, and a peaceful setting while still having a canvas to build. Whether you’re planning to build a custom home for yourself or looking to invest in land in a growing area, this parcel offers flexibility and value. The size is ideal—large enough to build with room to spread out, but manageable enough to maintain with ease. Come walk the lot and picture your future here. This land is ready for your vision—don’t miss out!
Source: SparkMLS
About this home
Listed at $40,000.
Annual property taxes run approximately $406 ($34/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Listing Property Details
Property TypeLand
Bathrooms0
Lot Size0.23 acres
Location
CitySouthfield
MunicipalitySouthfield City
Zip Code48075
CountyOakland
School DistrictSouthfield
Sale & Financing
Listed5/15/2025
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$536
State Equalized Value$15,840
Taxable Value$8,086
Parcel #2427376011
Source: Public Records
Legal Description
T1N,R10E,SEC 27 49A-2 SUPERVISORS PLAT NO.12 N 90 FT OF S 266.26 FT OF LOT 49
Property Records
USDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Timothy Gohl
Berkshire Hathaway Michigan
Frequently Asked Questions about VL RUSSELL Street, Southfield, MI 48075
What school district is VL RUSSELL Street, Southfield, MI 48075 in?
Per MLS# 20250036036, this property is served by Southfield. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for VL RUSSELL Street, Southfield, MI 48075?
Per MLS# 20250036036, 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# 20250036036, the most recent reported annual property tax for VL RUSSELL Street, Southfield, MI 48075 is $536. 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 VL RUSSELL Street, Southfield, MI 48075 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.
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.
Tax Estimate
$
Annual tax$406
Monthly$34
Millage rate25.6381 mills
Municipality: CITY OF SOUTHFIELD
School district: BIRMINGHAM CITY SCHOOL DIST
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
$
%
$
$
$
Monthly payment$293
Principal & interest$259
Property taxes$34
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Property
VL RUSSELL Street, Southfield, MI 48075
View full property history →
County
Oakland County
View county overview →
Get email alerts for new listings near VL RUSSELL Street
We’ll notify you when new listings match your interests.
Munro Real Estate · MI Broker #6502405404 · No spam, one-click unsubscribe.