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142 E Rowland Ave, Madison Heights, MI, 48071

2beds
1baths
672sqft
$139,900
$208price/sqft
$1,189/moest. monthly cost
$47,560/yrincome needed

About This Home

This Ranch style single family home offers 2 bedrooms and 1 bathroom with approximately 672 square feet of living space on a 0.18 acre lot. There are no inspection or financing contingencies on this cash only purchase. The foreclosure deed has been recorded, allowing for shorter closing timelines. No Buyer Premium on this property. The seller has closing representation in this transaction. The buyer has the right to select their own title/closing company, or may use the sellers title company. The buyer is responsible for all closing costs in this transaction. In the event the buyer chooses their own title/closing company, the buyer will be responsible for additional costs for coordinating the closing that are completed by the sellers title company.

Getting Around

48
WalkingCar-Dependent
0
TransitVery Limited Transit
53
BikeBikeable

Schools

2/10
Madison Elementary SchoolGrades PK-51.1 mi
3/10
Wilkinson Middle SchoolGrades 6-80.7 mi

Construction

Condition

  • Year built: 1948

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

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

Interior Area

  • Total structure area: 672
  • Total interior livable area: 672 sqft

Property

Details

  • Parcel number: 2524353017
  • Special condition: Auction

Features

  • Stories: 1

Lot

  • Lot size: 7,840 sqft

Parking

  • Total spaces: 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

  • 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 $230$2,760
Electricity $188$2,259
Total$1,189$14,268
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$40,765/yr
40% on housing$35,670/yr
45% on housing$31,706/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

$208This 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
2026-03-03Sold$99,337
2022-08-23Listing removed--
2022-08-10Pending sale$130,000
2022-07-28Listed for sale$130,000
2022-07-14Pending sale$130,000
2022-07-09Listed for sale$130,000
2022-06-21Listing removed--
2022-06-13Pending sale$130,000
2022-06-10Listed for sale$130,000
2016-06-21Sold$53,800
2015-10-27Listing removed$64,900
2015-10-20Listed for sale$64,900
2014-11-01Listing removed$800
2014-10-01Listed for rent$800
2013-10-29Listing removed$750
2013-10-22Price change$750
2013-10-03Listed for rent$700
2012-10-31Listing removed$700
2012-10-22Listed for rent$700
2011-07-13Listing removed$67,900
2010-08-05Listed for sale$67,900
2010-03-26Listing removed$84,000
2009-06-13Price change$84,000
2009-03-14Listed for sale$99,000

Unknown Listed By

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