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Active · MLS #20261087236
$309,900 3 bd2 ba1,400 sqft

14041 Balfour ST , Oak Park, MI 48237

Est. $2,490/mo with current taxes · · See the breakdown

TypeSingle family residence
Built1947
Lot0.19 acres
Garage1 spaces
Price/sqft$221
On market6 days

About this home

Charming three bedroom brick bungalow in Oak Park with Berkley schools. Large living room plus a bright family room with doorwall to the backyard. Updated kitchen with white cabinets, quartz countertops and stainless steel appliances. Spacious primary bedroom suite upstairs with lots of built in storage and private bathroom with ceramic tile bathroom with new shower door. Refinished hardwood floors, fresh interior paint and new interior doors. Updated first floor bathroom with new fixtures. Central air, updated plumbing and vinyl windows. Unfinished basement for storage or future finishing. One and a half car garage. Possession at closing. Agent owned.

Monthly payment

$2,490per month
Principal & interest$1,763
Property tax, current$399
Homeowners insurance$200
Mortgage insurance (PMI)$128

The tax line is the seller's current bill from the MLS. Michigan uncaps the taxable value the year after a sale, so tap See uncapped taxes for what a buyer will likely pay then. Insurance is a $2,400/yr placeholder and PMI 0.55% of the loan below 20% down. An estimate, not a loan quote.

The facts

Price$309,900
Beds3
Baths2 full
Square feet1,400
TypeSingle family residence
SubdivisionKENWOOD PARKNO 3
CountyOakland
MLS #20261087236
Listed2026-10-28
Days on market6
Year built1947
PossessionAt closing
Stories1.5 stories
BasementUnfinished
HeatingForced air, Natural gas
FoundationBasement, Block
Garage spaces1.0
Water / SewerCity water & sewer
Parcel number2519453014
Listing officeRE/MAX First

Property taxes: the seller's bill vs. yours

This seller today You, the year after buying
Taxable value$79,698about $154,950
Yearly property tax$4,792about $9,308

Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $4,516 a year more than this seller pays. The assessor's state equalized value (SEV) is $135,900. Your taxable value resets to the SEV the year after you buy, and assessors usually raise it to about half the sale price. Estimate uses Oak Park's 2025 homestead rate of 60.07 mills and assumes you claim the homestead exemption. See Oak Park's full tax breakdown or run the uncapping calculator.

Location

IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-11-03T10:57+00:00; refreshed at least twice daily.

$309,900Est. $2,490/mo
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