RENTED SEP 7, 2025

1615 E Greig Ave Madison Heights, MI 48071

Estimated Value: $162,000 - $178,000

3 Beds
1 Bath
936 Sq Ft
$180/Sq Ft Est. Value

Last Sold November 03, 2023

Last sale price $153,000 $163 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,286/month

Highlights

  • Ranch Style House
  • No HOA
  • Porch
  • Ground Level Unit
  • 1.5 Car Detached Garage
  • Patio

About This Home

As of September 2025

Nestled in the heart of Madison Heights, this charming 3-bedroom, 1-bath ranch offers comfort and convenience in a prime location. The kitchen features newly installed cabinets, quartz countertops, and modern appliances, maximizing functionality in a compact space. Fresh interior paint, new siding, and new luxury vinyl plank flooring (all completed in 2025) create a warm and inviting atmosphere throughout. Recent improvements, including a new furnace and central air system (2023), a new hot water heater (2024), and energy-efficient windows (2024), provide year-round comfort and efficiency. A spacious backyard offers additional outdoor enjoyment. Conveniently located near parks, schools, shopping, dining, and I-696, this move-in-ready home is a fantastic opportunity. Please note, the garage may experience water intrusion during heavy rainstorms. The property is available for immediate occupancy. No smokers. Minimum lease term is 1 year, with a preference for 2 or more years. Applicants must have a credit score of 700 or higher and a monthly income of at least three times the rent. All adults are required to complete an application, including a credit and background check. Please provide a copy of each adult applicant’s driver’s license, two months of recent pay stubs, and the 2024 tax return. A security deposit of 1.5 months’ rent and a $250 non-refundable cleaning fee. Pet fees will apply if applicable.

Last Agent to Rent the Property

Kenneth Lin

RE/MAX Showcase Homes License #6501393748 Listed on: 07/29/2025

RE/MAX Showcase Homes

Co-Listed By

Marina Huang

RE/MAX Showcase Homes License #6501456721

Last Renter's Agent

Kenneth Lin

RE/MAX Showcase Homes License #6501393748 Listed on: 07/29/2025

RE/MAX Showcase Homes

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955 | Remodeled in 2025

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50.00 x 150.00
  • Back Yard Fenced

Parking

  • 1.5 Car Detached Garage

Home Design

  • 936 Sq Ft Home
  • Ranch Style House
  • Slab Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Kitchen

  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Security Deposit $2,400
  • 12 Month Lease Term
  • 24 Month Lease Term
  • Application Fee: 49.99
  • Assessor Parcel Number 2524227020

Community Details

Overview

  • No Home Owners Association
  • Dequindre Estates Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Year Built

Built in 1955 | Remodeled in 2025

Lot Details

0

Rental Info

  • Application Fee: 49.99
  • Lease Type: Single Family House
  • Security Deposit: 2400.00

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1955
  • Year Renovated: 2025
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • AgentOnly_ListPriceByAcre: 9411.7600
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Furnished - No
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Free-Standing Refrigerator, Range Hood, Washer
  • Total Sq Ft: 936

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Vinyl
  • Exterior Features: Fenced
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Fencing: Back Yard, Fenced

Garage/Parking

  • Garage Size: 1.5 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Fee Information

  • Additional Fee: 250.00

Lot Info

  • Lot Size Area: 0.17
  • Lot Dimensions: 50.00 x 150.00
  • Parcel Number: 2524227020

Multi Family

  • Length of Lease: 12 Months, 13-24 Months, 25-36 Months

MLS Schools

  • School District: Madison (Madison Hts.)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2023
Closed on
Nov 3, 2023
Sold by
Mastroianni Frank
Bought by
Yay Llc
Seller's Agent
Kenneth Lin
RE/MAX Showcase Homes
Buyer's Agent
Lindsay King
Max Broock, REALTORS®-Birmingham
Sold Price
$1,600
Views
91
Current Estimated Value
$168,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,097
Avg. Annual Appreciation
4.58%

Purchase Details

Closed on
Jun 21, 2023
Sold by
Uitermarkt Brittany and Drenchko Nicholas
Bought by
Mastrioanni Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2023
Sold by
Gargus John Alan and Gargus Paula Marie
Bought by
Uitermarkt Brittany and Drenchko Nicholas

Purchase Details

Closed on
May 16, 2003
Sold by
Gargus Ella Nora
Bought by
Gargus Ella Nora and Gargus John Alan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Yay Llc $153,000 None Listed On Document
Yay Llc $153,000 None Listed On Document
Mastrioanni Frank $99,000 None Listed On Document
Uitermarkt Brittany $50,000 None Listed On Document
Gargus Ella Nora -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mastrioanni Frank $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/07/2025 09/07/25 Rented $1,600 0.0% --
09/02/2025 09/02/25 Under Contract -- -- --
08/18/2025 08/18/25 Price Changed $1,600 -5.9% $2 / Sq Ft
07/29/2025 07/29/25 For Rent $1,700 +6.3% --
12/27/2023 12/27/23 Rented $1,600 0.0% --
12/10/2023 12/10/23 Under Contract -- -- --
11/10/2023 11/10/23 For Rent $1,600 0.0% --
11/03/2023 11/03/23 Sold $153,000 -7.2% $163 / Sq Ft View Prior Sale
10/24/2023 10/24/23 Pending -- -- --
10/18/2023 10/18/23 Price Changed $164,900 -2.9% $176 / Sq Ft
10/03/2023 10/03/23 Price Changed $169,900 -5.6% $182 / Sq Ft
09/19/2023 09/19/23 For Sale $179,900 -- $192 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,845 $87,400 $0 $0
2024 $3,641 $71,600 $0 $0
2023 $1,082 $66,170 $0 $0
2022 $1,135 $57,270 $0 $0
2021 $1,106 $50,010 $0 $0
2020 $1,050 $44,780 $0 $0
2019 $1,139 $40,070 $0 $0
2018 $1,123 $31,130 $0 $0
2017 $1,090 $31,130 $0 $0
2016 $1,034 $28,340 $0 $0
2015 -- $24,270 $0 $0
2014 -- $21,510 $0 $0
2011 -- $28,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kenneth Lin

    Landlord's Agent in 2025

    Kenneth Lin

    RE/MAX

    (248) 629-0536

    3 in this area

    90 Total Sales

    Kenneth Lin
    Section Image

  • M

    Landlord's Co-Listing Agent in 2025

    Marina Huang

    RE/MAX

    Section Image
  • Gary DeGrandchamp

    Seller's Agent in 2023

    Gary DeGrandchamp

    Real Estate One

    (313) 530-8376

    1 in this area

    157 Total Sales

    Gary DeGrandchamp
    Section Image
  • Cindy Wang

    Seller Co-Listing Agent in 2023

    Cindy Wang

    RE/MAX

    (248) 825-3755

    3 in this area

    69 Total Sales

    Cindy Wang
    Section Image

  • L

    Buyer's Agent in 2023

    Lindsay King

    Max Broock, REALTORS®-Birmingham

    (586) 524-2596

    3 in this area

    58 Total Sales

    Lindsay King
    Section Image
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Map

Source: Realcomp

MLS Number: 20251021812

Realcomp

APN: 25-24-227-020

Michigan Oakland County Madison Heights 48071

1615 E Greig Ave, Madison Heights, MI

Not Listed for Sale

Detached

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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