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Active · MLS #81026057563
$236,500 2 bd2 ba864 sqft

503 Park Place , Saline, MI 48176

Est. $2,331/mo with current taxes · · See the breakdown

TypeCondominium
Built1986
Garage1 spaces
Price/sqft$274
On market2 days
HOA$325/mo

About this home

Looking for easy condo living in Saline with extra privacy, this move-in ready end-unit condo in Saline Park Place is just the place for you! Offering 2 bedrooms, 2 full baths, and 1,320 square feet, the floor plan provides the convenience of a first-floor bedroom and full bath, along with plenty of flexibility. Step inside and you'll appreciate the vaulted ceilings in the great room, creating an open, airy feel. A sliding glass door leads to the private back deck, a wonderful spot to enjoy your morning coffee or relax at the end of the day. Upstairs, the vaulted loft/bedroom has its own full bath, making it an ideal space for guests, a home office, or additional living space. The full, unfinished basement offers plenty of storage, while the attached garage and covered front porch add to the appeal. Enjoy low-maintenance living in an established Saline community, just minutes from downtown, shopping, restaurants, and parks. Move right in and enjoy!

Monthly payment

$2,331per month
Principal & interest$1,345
Property tax, current$364
Homeowners insurance$200
Mortgage insurance (PMI)$98
HOA dues$325

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$236,500
Beds2
Baths2 full
Square feet864
TypeCondominium
Subdivision—
CountyWashtenaw
MLS #81026057563
Listed2026-10-27
Days on market2
Year built1986
PossessionAt closing
BasementFull
HeatingForced air, Natural gas
FoundationBasement
Garage spaces1.0
Water / SewerCity water & sewer
Parcel number181336456001
Listing officeReal Estate One Inc

Property taxes: the seller's bill vs. yours

This seller today You, the year after buying
Taxable value$86,659about $118,250
Yearly property tax$4,362about $5,741

Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $1,379 a year more than this seller pays. The assessor's state equalized value (SEV) is $146,200. 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 Saline's 2025 homestead rate of 48.55 mills and assumes you claim the homestead exemption. See Saline's full tax breakdown or run the uncapping calculator.

Location

IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Greater Metropolitan Association of REALTORS, ©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.

$236,500Est. $2,331/mo
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