30885 LEE FRANK Lane
Madison Heights, MI 48071
Condominium · MLS # 20261066855 · Listing courtesy of 1st Choice Realty Inc
About this home
Welcome to this beautiful, move-in-ready ranch-style condo located in the heart of Madison Heights! Offering 2 bedrooms and 1.5 baths, with the half bath located in the basement. This home features a desirable open floor plan with a spacious family room showcasing a cathedral ceiling and cozy fireplace. Freshly painted throughout with new laminate flooring, a clean kitchen with dining area, and all stainless steel appliances included. Enjoy a spacious basement offering plenty of storage, washer and dryer, and an additional half bath. Updates include a new sump pump (2026), new water heater (2026), new bathroom toilets, and new closet doors. Step outside to a nice deck overlooking a beautiful backyard. The association allows rentals, making this an excellent opportunity! Association fees include lawn care and snow removal. Pets permitted subject to association rules. Conveniently located near shopping, parks, hospitals, and major freeways. Excellent opportunity for homeowners or investors!
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Madison Heights
Over the last 90 days, 91 homes sold in Madison Heights for a median of $230,000, about $158 per square foot, and the typical one went under contract in 14 days. This home is listed at $200,000, or $179 per square foot, 13% above the city median, and has been on the market 1 day. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Madison Heights sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $5,648 a year. A buyer who lives here would pay about $5,284 to $5,850 a year once the taxable value resets after the sale, at the 2025 homestead rate of 57.92 mills for Madison Heights City and Lamphere schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.
Monthly payment estimate
Estimate only, 30 year fixed, includes taxes at a new owner's rate and HOA when listed. Ask us for a lender quote.
Location
Similar homes in Madison Heights
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