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26475 Lorenz St, Madison Heights, MI, 48071

2beds
1baths
725sqft
$139,900
$193price/sqft
$1,104/moest. monthly cost
$44,160/yrincome needed

About This Home

This freshly remodeled two-bedroom, one-bath home in Madison Heights combines modern updates with everyday comfort in a convenient location. The brand-new kitchen features quartz countertops and new cabinetry, creating a clean and functional space that’s ready to enjoy. The interior has been thoughtfully refreshed with new flooring, fixtures, and finishes throughout, giving the home a bright and inviting feel. With its move-in ready condition and easy access to nearby shops, restaurants, and major roads, this property offers a simple, well-done renovation in a great spot that’s ready for its next owner.

Getting Around

69
WalkingSomewhat Walkable
0
TransitVery Limited Transit
57
BikeBikeable

Schools

2/10
Madison Elementary SchoolGrades PK-50.4 mi
3/10
Wilkinson Middle SchoolGrades 6-80.2 mi

Construction

Condition

  • Year built: 1956

Materials

  • Foundation: Crawl Space
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Bedroom

  • Level: Entry
  • Area: 81
  • Dimensions: 9 X 9

Bedroom

  • Level: Entry
  • Area: 90
  • Dimensions: 10 X 9

Bedrooms & Bathrooms

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

Features

  • Finished area above ground: 725

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Ceiling Fans

Interior Area

  • Total interior livable area: 725 sqft

Kitchen

  • Level: Entry
  • Area: 48
  • Dimensions: 8 X 6

Living Room

  • Level: Entry
  • Area: 120
  • Dimensions: 12 X 10

Other

  • Level: Entry

Property

Details

  • Parcel number: 2524108016
  • Special condition: Short Sale No,Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: GroundLevelwSteps
  • Pool features: None
  • Fencing: Back Yard

Lot

  • Lot size: 4,356 sqft
  • Features: Corner Lot
  • Lot size dimensions: 40 x 106

Parking

  • Parking features: No Garage

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

  • Cold Wave
    Cold WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Tornado
Heat Wave
Ice Storm
Strong Wind

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 $707$8,484
Home Insurance *$64$768
Property Taxes $145$1,740
Electricity $188$2,259
Total$1,104$13,248
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$37,851/yr
40% on housing$33,120/yr
45% on housing$29,440/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

$193This 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
2026-04-08Price change$154,900
2025-10-30Listed for sale$165,900
2016-09-12Sold$51,000
2016-08-06Pending sale$54,000
2016-07-18Price change$54,000
2016-06-30Listed for sale$59,000
2009-07-18Listing removed$77,500
2009-01-01Listed for sale$77,500
2008-11-23Listing removed$77,500
2008-08-05Listed for sale$77,500
1996-06-18Sold$27,500

For Sale by Agent

AgentMichael W Niemi
BrokerageKeller Williams Realty-Great Lakes

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