31529 Augusta Drive #72

About this home

Welcome to this charming 3-bedroom, 3-bathroom condominium located in The Ponds at Gateway community in Romulus, Michigan. Don't miss this opportunity, builder offering $2,500 toward purchaser closing costs! This thoughtfully designed residence offers 1,474 square feet of finished living space, providing ample room for comfortable daily living. The property features a convenient 2-car garage, ideal for vehicle storage and protection from the elements. Situated on a compact lot of 2,081 square feet, this home offers an efficient layout perfect for those seeking a low-maintenance lifestyle. This condominium presents an excellent opportunity for buyers looking for well-proportioned living quarters with practical amenities in an established community.

Interior

Systems and utilities

Exterior and lot

Taxes, HOA and more

Schools

How it compares in Romulus

Over the last 90 days, 62 homes sold in Romulus for a median of $224,950, about $141 per square foot, and the typical one went under contract in 18 days. This home is listed at $321,500, or $218 per square foot, 55% above the city median, and has been on the market 212 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Romulus sales or ask us for the comparable sales on this one.

Property taxes for a new owner

The current owner pays about $497 a year. A buyer who lives here would pay about $367 to $8,230 a year once the taxable value resets after the sale, at the 2025 homestead rate of 50.69 mills for Romulus City and Romulus 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

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