$120,000
505 E Guthrie Ave , Madison Heights, MI 48071
- 2
- beds
- 1
- baths
- 545
- sqft
- 1942
- year built
- Status:
- Active
- MLS #:
- 61044454
- Neighborhood:
- John R Park
- County:
- Oakland
- Listed By:
- Katie Rife - Berkshire Hathaway HomeServices Kee Realty Bham
- Agent Phone:
- (248) 860-7149
- Agent Email:
- hello@katietheagent.com
Sponsoring Broker: Shawna Alt, First Weber
Step into this beautifully refreshed 2-bedroom, 1-bathroom Madison Heights gem -- a fully turn-key home that's ready for your next chapter. Whether you're a first-time buyer, looking to downsize, or hunting for a high-demand rental, this 545 sq. ft. corner-lot cutie delivers big impact in a compact footprint. Inside, you'll love the brand-new LVP flooring, fresh paint, and a completely updated kitchen featuring granite countertops, new appliances, and modern finishes that make cooking feel like a treat. The updated bathroom continues the clean, contemporary vibe -- move in and enjoy without lifting a finger. Outside, the home sits on a corner lot with a fully fenced backyard, perfect for pets, gardening, or creating your own outdoor hangout space. And with easy freeway access, your commute, errands, and weekend adventures stay effortlessly convenient. This is the kind of home that checks all the boxes: updated, low-maintenance, and positioned in one of Madison Heights' most accessible pockets. Turn the key and start living -- or start earning -- right away. This home may offer attractive financing options. Please consult your real estate professional for details.
Highlights
- Residential
- Single Family Residence
- Built in 1942
- 0.09 Acre Lot
- 9 days on Market
Open House
-
November 13, 20263:30pm - 5:30pm
-
November 14, 20262:00pm - 4:00pm
This open house information was last updated on 11/10/2026 06:43PM
-
- Bedrooms
- 2
-
- Bathrooms
- 1
-
- Year Built
- 1942
-
- Stories
- 1.0
-
- Architectural Style
- Ranch
-
- Construction Materials
- Aluminum Siding
-
- Parking Features
- Paved
-
- Living Area
- 545.0
-
- Appliances
- Electric Water Heater, Microwave, Refrigerator, Range, Oven
-
- Patio And Porch
- Patio, Porch
-
- Heating
- Forced Air, Natural Gas
-
- Basement
- Crawl Space
-
- Acres
- 0.09
-
- Water
- Public
-
- Area
- Madison Heights (63252)
-
- County
- Oakland
-
- City
- Madison Heights
-
- Neighborhood
- John R Park
-
- Zip Code
- 48071
-
Ask a Question
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Estimated Value
$109,955
Estimated Sales Price Range:
$89,063 - $130,846
Source: Constellation Data Labs
Price History
| 11/30/2023 | Sold | $87,500 |
| Source: Realcomp #20230076802 | ||
| 11/14/2023 | Price Changed | $98,000 |
| Source: Realcomp #20230076802 | ||
| Listed | $125,000 | |
| Source: Realcomp #20230076802 | ||
| 11/04/2026 | Listed | $120,000 |
| Source: MiRealSource #61044454 | ||
| 09/11/2023 | Off Market | — |
| Source: Realcomp #20230076802 | ||
| 12/07/2023 | Sold | $87,500 |
| Source: MiRealSource #50121569 | ||
| 12/06/2023 | Price Changed | $98,000 |
| Source: MiRealSource #50121569 | ||
| 09/10/2023 | Listed | $125,000 |
| Source: MiRealSource #50121569 | ||
| 11/30/2023 | Sold | $87,500 |
| Source: MiRealSource #60254188 | ||
| Price Changed | $98,000 | |
| Source: MiRealSource #60254188 | ||
| 09/10/2023 | Listed | $125,000 |
| Source: MiRealSource #60254188 | ||
Source: MLS Data
Deed History
| 01/22/2024 | Intrafamily Transfer - Transaction is between related parties for any reason & no consideration. | $0 |
| 12/08/2023 | Warranty Deed | $87,500 |
| 04/26/2000 | Deed | $60,000 |
| 06/24/1999 | Deed | $44,000 |
Source: Public records via Constellation Data Labs
Mortgage History
| 12/08/2023 | Conventional | $65,625 |
| 04/26/2000 | $32,100 |
Source: Public records via Constellation Data Labs
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Similar Listings
Look Throughout Madison Heights
There are currently 107 properties available in Madison Heights, with 11 under contract to close soon. Properties in the city have an average sale price of $235,587 and typically spend 56 days on the market before being sold.
Want to compare this property to others available for sale in the area? Use our search to find exactly what you want among our 2,000,000+ listings and to see incredible photos to show you what is possible.
With 72 zip codes in Oakland County, you have many options in the area. Be sure to claim your free ez Home Search account to make sure you get alerts when a property that meets your needs becomes available.
Source: ez Home Search, MLS Data
Frequently Asked Questions
How do I schedule a tour of 505 E Guthrie Ave?
We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 505 E Guthrie Ave.
They know residentials in the area well and can give you the guidance you need to buy with confidence.
How do I get more information about 505 E Guthrie Ave?
Click Ask a Question to talk with our team. You already know it is a 2 bed, 1 bath, listed for $120,000. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Madison Heights, and can even get you in to see the property quickly.
Are there any upcoming open houses for this property?
Yes—an open house is scheduled for . Let us connect you with our local expert before you go so they can help you prepare questions, highlight key features, and arrange a private tour if that time doesn't work.
How much is the monthly mortgage payment for 505 E Guthrie Ave?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 505 E Guthrie Ave at around $930. This includes estimated property taxes and insurance.
Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.
How do I get pre-approved to buy 505 E Guthrie Ave?
Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.
Or, let us connect you with our preferred local lender in Oakland County. They will give you all of your available financing options, based on your specific situation and what is available to you.
Can I negotiate the asking price for 505 E Guthrie Ave?
In most cases, yes. Whether 505 E Guthrie Ave is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Madison Heights's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on 505 E Guthrie Ave?
We can handle that for you. Our preferred local agent specializes in residentials in Madison Heights and can guide you through every step of the offer process.
You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
What is the price per square foot for this home?
This home is listed at $120,000 with 545 sqft of space—that comes out to approximately $220 per square foot.
How long has this property been on the market?
505 E Guthrie Ave was listed on November 04, 2026, which means it's been on the market for 9 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 1942, making it approximately 84 years old.
What is the lot size of this property?
505 E Guthrie Ave sits on a 0.09-acre lot, which is 3,920 square feet.
What are the property taxes for 505 E Guthrie Ave?
The most recent public record shows annual property taxes for 505 E Guthrie Ave were approximately $2,961. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.
Is 505 E Guthrie Ave still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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