29130 Tessmer Court Tessmer CT 15 # 37, Madison Heights, MI 48071
Est. $1,421/mo with current taxes · · See the breakdown
About this home
This condo is truly maintenance free living and move in ready condition. Beautifully maintained 2 bedrooms, 1.5 updated bathrooms. Beautiful refinished solid oak floors in living room, 2nd floor hallway and bedrooms. The kitchen features a generous amount of cabinets and counter space plus a large pantry cabinet and all newer appliance in kitchen are included, newer garbage disposal, tile floor. 1/2 finished basement for additional living area with drop ceiling and carpet plus a separate laundry/mechanical room. The Laundry room is freshly painted, very clean, dry and offers plenty of storage and built in storage cabinets. Updated Circuit breaker box. Furnace is updated w/permit approval. Washer and dryer in laundry room also included. This condo no longer has wall AC units as the owner removed them and added central air conditioning at some point years back for nice even cool air in summer months. Windows have been updated throughout 1st and 2nd floor. The front and back entrance doors are not original and replaced along with self storing screen storm doors.There is a really nice patio/deck area out back w/plenty of common grass area so you are not on top of the assigned parking. This complex is well maintained, has a large pool area, Offers 1 assigned parking space (#37) and plenty of guest parking throughout the complex. Lamphere School District.
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 | $135,900 |
| Beds | 2 |
| Baths | 1 full, 1 half |
| Square feet | 1,150 |
| Type | Condominium |
| Subdivision | MADISON MANOR OCCPN 126 |
| County | Oakland |
| MLS # | 20261087677 |
| Listed | 2026-10-29 |
| Days on market | 4 |
| Year built | 1957 |
| Possession | At closing |
| Stories | 2 stories |
| Basement | Partially finished |
| Heating | Forced air, Natural gas |
| Foundation | Basement, Poured |
| Water / Sewer | City water & sewer |
| Pool | In-ground, Outdoor |
| Parcel number | 2512478082 |
| Listing office | Berkshire Hathaway HomeServices Kee Realty Bham |
Property taxes: the seller's bill vs. yours
| This seller today | You, the year after buying | |
|---|---|---|
| Taxable value | $18,920 | about $67,950 |
| Yearly property tax | $1,107 | about $3,936 |
Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $2,829 a year more than this seller pays. The assessor's state equalized value (SEV) is $64,310. 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.