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29130 Tessmer Ct, Madison Heights, MI, 48071

2beds
2baths
1,120sqft
$148,900
$133price/sqft
$1,164/moest. monthly cost
$46,560/yrincome needed

About This Home

*Open House Sunday July 19th from Noon-2pm* Come check out this two bedroom condo located in a great complex in Madison Heights. Hardwood floors, Partially finished basement, one year ago new furnace, hardwood floors, updated windows, updated main bathroom, second bathroom newer toilet and vanity. Three years ago all new kitchen appliances and two years ago new dryer.

Getting Around

77
WalkingVery Walkable
0
TransitVery Limited Transit
50
BikeBikeable

Schools

6/10
Simonds Elementary SchoolGrades PK-50.5 mi
6/10
Page Middle SchoolGrades 6-80.7 mi
7/10
Lamphere High SchoolGrades 9-121.6 mi

Construction

Condition

  • Year built: 1957

Materials

  • Foundation: Basement
  • Construction materials: Brick

Type & Style

  • Home type: Condo
  • Architectural style: Colonial
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Range/Oven,Refrigerator,Washer
  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Partially Finished

Bathroom1

  • Level: Second

Bedroom1

  • Level: Second
  • Area: 143

Bedroom2

  • Level: Second
  • Area: 108

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Finished area below ground: 200
  • Finished area above ground: 920

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,380
  • Total interior livable area: 1,120 sqft

Kitchen

  • Level: Entry
  • Area: 120

Living Room

  • Level: Entry
  • Area: 195

Property

Details

  • Parcel number: 2512478082
  • Special condition: Private

Features

  • Levels: Two
  • Stories: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Inland Flooding
Heat Wave
Ice Storm
Strong Wind
Winter Weather

FEMA Declared Disasters in Oakland County and Michigan

Flood
Severe Ice Storm
Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $752$9,024
Home Insurance *$69$828
Property Taxes $155$1,860
Electricity $188$2,259
Total$1,164$13,968
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$39,908/yr
40% on housing$34,920/yr
45% on housing$31,040/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.2%
14.2%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.0%
0.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$133This listing

vs Other Active Listings

Avg $/sqft

ZIP 48071$113
Oakland County$199

vs Homes Sold Last Month

Median $/sqft

ZIP 48071$181
Oakland County$192

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-09Price change$145,800
2026-07-10Price change$148,900
2026-06-01Listed for sale$150,000
2009-06-11Listing removed$79,000
2009-06-04Listed for sale$79,000

For Sale by Agent

AgentElena Kaseta
BrokerageJD & Associates Realtors

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