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27305 Townley St, Madison Heights, MI, 48071

2beds
1baths
800sqft
$154,900
$194price/sqft
$1,203/moest. monthly cost
$48,120/yrincome needed

About This Home

Charming 2 bedroom, 1 bath ranch home situated on a spacious corner lot, perfect for those seeking comfort, convenience, and single-level living. This well-maintained property features a bright living area with plenty of natural light and new paint throughout, an efficient kitchen with ample cabinet space, and two generously sized bedrooms. The full bath is centrally located for easy access, and the thoughtful floor plan maximizes every square foot. Outside, the large corner lot provides room for gardening, play, or future outdoor projects, while the detached 1 car garage offers secure parking and additional storage. Located in a desirable neighborhood 1 block North of 11 mile (downtown Madison Heights) close to schools, shopping, and major routes, this inviting ranch is move-in ready and waiting for its next owner.

Getting Around

75
WalkingVery Walkable
0
TransitVery Limited Transit
52
BikeBikeable

Schools

2/10
Madison Elementary SchoolGrades PK-60.5 mi
3/10
Wilkinson Middle SchoolGrades 6-80.4 mi

Construction

Condition

  • Year built: 1948

Materials

  • Foundation: Block,Crawl Space
  • Roof: Asphalt
  • Construction materials: Aluminum Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Free Standing Gas Range,Free Standing Refrigerator,Microwave,Washer
  • Laundry features: Laundry Room

Bedroom

  • Level: Entry
  • Area: 110
  • Dimensions: 10 X 11

Bedrooms & Bathrooms

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

Dining Room

  • Level: Entry
  • Area: 60
  • Dimensions: 6 X 10

Features

  • Finished area above ground: 800

Heating & Cooling

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

Interior Area

  • Total interior livable area: 800 sqft

Kitchen

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

Laundry

  • Level: Entry
  • Area: 55
  • Dimensions: 5 X 11

Living Room

  • Level: Entry
  • Area: 187
  • Dimensions: 11 X 17

Other

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

Primary Bedroom

  • Level: Entry
  • Area: 110
  • Dimensions: 10 X 11

Property

Details

  • Parcel number: 2513352041
  • Special condition: Short Sale No,Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: GroundLevel
  • Pool features: None
  • Patio & porch: Covered,Patio
  • Exterior features: Awnings
  • Fencing: Fenced

Lot

  • Lot size: 5,227 sqft
  • Features: Corner Lot
  • Lot size dimensions: 40 x 125

Parking

  • Total spaces: 1
  • Parking features: One Car Garage,Detached,Electricityin Garage
  • Has garage: Yes
  • Attached garage spaces: 1

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 $783$9,396
Home Insurance *$71$852
Property Taxes $161$1,932
Electricity $188$2,259
Total$1,203$14,436
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$41,245/yr
40% on housing$36,090/yr
45% on housing$32,080/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

$194This 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
2026-08-07Price change$155,900
2026-07-21Price change$154,900
2026-07-07Price change$159,900
2026-06-25Price change$164,900
2026-06-19Price change$169,400
2026-06-05Listed for sale$169,900

For Sale by Agent

AgentRyan French
BrokerageReal Broker, LLC Troy

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