31198 Edgeworth DR , Madison Heights, MI 48071
Est. $2,335/mo with current taxes · · See the breakdown
About this home
You won't want to miss this beautifully renovated home. The open floor plan with high end finishes is incredible. High ceilings, a waterfall oversized island, perfect for entertaining, and beautiful wood flooring throughout. The main bathroom has a walk-in shower with natural light pouring in. This home is situated in a great location with easy access to both I-75 and I-96, close to great dining, shopping and is only 10 minutes from downtown Royal Oak. The home also features a partially finished basement, with multiple Egress windows allowing for additional living space. The backyard is just as inviting with a deep private lot, mature trees and a great outdoor patio. This is the type of place you won't ever want to leave!
Monthly payment
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.The uncapped tax line is this home's bill after it uncaps: half the price times 57.92 mills, the 2025 homestead rate here. 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 | $315,000 |
| Beds | 3 |
| Baths | 1 full, 1 half |
| Square feet | 2,024 |
| Type | Single family residence |
| Subdivision | ROYAL MEADOWS 1 |
| County | Oakland |
| MLS # | 20261087478 |
| Listed | 2026-10-30 |
| Days on market | 3 |
| Year built | 1958 |
| Possession | At closing |
| Stories | 1 story |
| Basement | Partially finished |
| Heating | Forced air, Natural gas |
| Foundation | Basement, Poured |
| Garage spaces | 2.0 |
| Water / Sewer | City water / Sewer at street |
| Parcel number | 2502355014 |
| Listing office | National Realty Centers, Inc |
Property taxes: the seller's bill vs. yours
| This seller today | You, the year after buying | |
|---|---|---|
| Taxable value | $43,780 | about $157,500 |
| Yearly property tax | $2,561 | about $9,123 |
Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $6,562 a year more than this seller pays. The assessor's state equalized value (SEV) is $108,910. 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 Madison Heights's 2025 homestead rate of 57.92 mills and assumes you claim the homestead exemption. See Madison Heights'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 2026-11-02T23:11+00:00; refreshed at least twice daily.