This property is $5K less than the Median Sold Price and $85/SqFt more than other homes in Southfield, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Realcomp II Ltd
MLS Number: #20240023593
Listing Office:
Office Name: Expert Realty Solutions Inc
Office Phone: (800) 979-3591
Listing Agent: Willie Graham
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,166
Per Month
Principal & Interest
$1,099
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$726
Powered By
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Middle School
4
/10
Thompson K-8 International Academy
16300 Lincoln Dr
Distance between this listing and this school0.58 miles
Public District Grades KG-8
Nearby Schools
5
/10
Angell Elementary School
3849 Beverly Blvd
Distance between this listing and this school1.03 miles
Public District Grades KG-5
6
/10
Vandenberg Elementary School
16100 Edwards Ave
Distance between this listing and this school1.11 miles
Public Magnet Grades KG-5
5
/10
McIntyre Elementary School
19600 Saratoga Blvd
Distance between this listing and this school1.25 miles
Public District Grades KG-5
Assigned Schools
4
/10
Thompson K-8 International Academy
16300 Lincoln Dr
Distance between this listing and this school0.58 miles
Public District Grades KG-8
Nearby Schools
7
/10
Anderson Middle School
3205 Catalpa Dr
Distance between this listing and this school1.21 miles
Public District Grades 6-8
3
/10
Alice M. Birney K-8 School
27225 Evergreen Rd
Distance between this listing and this school1.52 miles
Public District Grades KG-8
Nearby Schools
4
/10
Crescent Academy Middle/High School (K)
17570 W 12 Mile Rd
Distance between this listing and this school0.93 miles
Public Charter Grades 6-12
7
/10
Berkley High School
2325 Catalpa Dr
Distance between this listing and this school1.71 miles
Public District Grades 9-12
2
/10
Nexus Academy of Royal Oak
31333 Southfield Rd
Distance between this listing and this school2.08 miles
The neighbors living near this home have an average income of $59,868. Residents of Southfield, MI typically earn between $35k-100k each year. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 27294 Lexington Pkwy
What is the listing price of this property?
The listing price of 27294 Lexington Pkwy property is $220,000.
What type of property is this?
The property 27294 Lexington Pkwy is a house located in Southfield, Michigan, 48076.
Is this property for sale now?
Sale Pending: 27294 Lexington Pkwy is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
What are the assigned schools for this property?
The assigned schools for 27294 Lexington Pkwy are: Thompson K-8 International Academy: GreatSchools Rating 4/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $3,774 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on December 6, 2013 for $48,830. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 27294 Lexington Pkwy has 2 bedrooms and 1 bathroom.
What is the square footage of this property?
The property 27294 Lexington Pkwy is 952 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 27294 Lexington Pkwy is 1953.
This home is located at 27294 Lexington Pkwy in Southfield, MI and zip code 48076. This 952 square foot home, which was built in 1953, sits on a 0.18 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 26, 2024 and is currently priced at $220,000.
In April 2024, from all listings sold in Southfield, MI there were more than 15 sold above asking price, over 22 sold below and more than 7 were sold right at the asked price. The number of homes for sale in Southfield, MI increased by 14.2% between March 2024 and April 2024. In April 2024, listings were on the market for 56 days. During the same period, the median list price in this real estate market was $225,000.
From Rocket Homes Real Estate and based on county public records data.