64690 Gratiot Ave AVE, Lenox Township, MI 48050
Price cut $10,000 since it was listed at $275,000
Est. $1,973/mo with current taxes · · See the breakdown
About this home
*** OPEN HOUSE SUNDAY, OCTOBER 11th 1-3PM *** Nice home in wonderful area this property is zoned for both residential and commercial. The home has bean well maintained and updated with newer windows, siding and insulation, in addition there is a functioning wood burning stove to take the chill out of those frosty winter days. The attached 3 car garage with work area is also perfect for those home improvement or handyman projects. Additionally the property has bean professionally regraded and drain lines opened and cleaned to channel any water away from the home. City water and sewer is also a nice touch. ONE YEAR HOME WARRANTY INCLUDED WITH SALE
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 29.90 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 | $265,000 |
| Original price | $275,000 |
| Price cut | −$10,000 |
| Beds | 3 |
| Baths | 1 full, 1 half |
| Square feet | 1,400 |
| Type | Single family residence |
| Subdivision | NONE |
| County | Macomb |
| MLS # | 58050221562 |
| Listed | 2026-09-11 |
| Days on market | 28 |
| Year built | 1950 |
| Possession | At closing |
| Stories | 1 story |
| Basement | Block, Full |
| Heating | Oil, Steam |
| Foundation | Basement, Block |
| Garage spaces | 3.0 |
| Water / Sewer | City water & sewer |
| Parcel number | 190613102006 |
| Listing office | Berkshire Hathaway HomeServices Kee Realty NB |
Property taxes: the seller's bill vs. yours
| This seller today | You, the year after buying | |
|---|---|---|
| Taxable value | — | about $132,500 |
| Yearly property tax | $1,879 | about $3,962 |
Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $2,083 a year more than this seller pays. The assessor's state equalized value (SEV) is $95,300. 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 Lenox Township's 2025 homestead rate of 29.90 mills and assumes you claim the homestead exemption. See Lenox Township's full tax breakdown or run the uncapping calculator.
Location
IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and MiRealSource, ©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.