Photo 1 of 940 Rowland RD
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Active · MLS #20261088395
$580,000 4 bd3 ba2,683 sqft

940 Rowland RD , Addison Township, MI 48367

Est. $4,295/mo with current taxes · · See the breakdown

TypeSingle family residence
Built1975
Lot7.43 acres
Garage2 spaces
Price/sqft$216
On market0 days

About this home

The estate you will never want to leave! Up north feel while never leaving Oakland county. Completely and beautifully renovated! 7.46 acres, brand new hot water heater, new vinyl siding, new pole bar, BBQ shed, beautiful pond, new flooring, new kitchen with stone counters, new AC, new Furnace, new gutters, attached 2 car garage and secondary one car detached/workshop. More storage than you can imagine. Open kitchen and livingroom, upper level primary bedroom with a view so serene you will feel like you are on vacation every day!

Monthly payment

$4,295per month
Principal & interest$3,299
Property tax, current$556
Homeowners insurance$200
Mortgage insurance (PMI)$239

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$580,000
Beds4
Baths2 full, 1 half
Square feet2,683
TypeSingle family residence
Subdivision—
CountyOakland
MLS #20261088395
Listed2026-11-02
Days on market0
Year built1975
PossessionNegotiable
StoriesTri-level
BasementFinished
HeatingForced air, Natural gas
FoundationBasement, Poured
Garage spaces2.0
Water / SewerWell / Septic
Parcel number0516277004
Listing office5th Avenue Realty Inc.

Property taxes: the seller's bill vs. yours

This seller today You, the year after buying
Taxable value$195,110about $290,000
Yearly property tax$6,671about $7,958

Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $1,287 a year more than this seller pays. The assessor's state equalized value (SEV) is $215,880. 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 Addison Township's 2025 homestead rate of 27.44 mills and assumes you claim the homestead exemption. See Addison Township'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.

$580,000Est. $4,295/mo
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