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For sale
  • Price cut: $10K (7/29)
    $120,000

    5000 Town Ctr Suite 703, Southfield, MI 48075

    1beds
    928sqft
    : 
    $1,491/mo
    Get pre-qualified
    Condominium
    Built in 1982
    -- sqft lot
    $115,400 Zestimate®
    $129/sqft
    $499/mo HOA

    What's special

    Do you want to live in one of Southfield's unique HIGH RISE Condominiums? Located on the 7th floor, you can enjoy the luxury of full service, hotel-like hospitality with a distinctive lifestyle of COMFORT, CONVENIENCE and SECURITY. Where 75% of outside walls are windows, this unit has PANORAMIC and unobstructed city views. Newer Washer/dryer and refrigerator. The building reminds me of the sit- com Frasier! Beautifully landscaped outside grounds include heated POOL and TENNIS Courts. You could have a wonderful summer relaxing with your favorite drink POOLSIDE! Includes Fitness Center, shower and SAUNA. Underground walkway leads to assigned parking in a security-camera monitored garage. FREE maintenance and repair of heating and air conditioning. Situated on over 5 acres, the buildings curved shape was designed by Soloman Cordwell Buenz and Associates INC. This 33-story Condominium is located 15 miles northwest of downtown Detroit. Enjoy PICNIC areas equipped with grills/seating. Lovely Activity/banquet room for private functions that hold up to 100 guests. Concierge on duty and valet available 24/7. Includes snow removal and walkway care . Located near Golf courses, shopping, library, theaters and restaurants. Assistance loading and unloading vehicles and SMART bus access. This 1 bed 1.1 bath unit will not last long! Make your accepted offer today and Seller will pay HOA fees til the end of 2026 and $5,000. in concessions for paint at closing!
    86 days
    |
    444
    |
    20
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Rosemary Dickow 248-245-3322,

    KW Showcase Realty 248-360-2900

    Source: Realcomp II,MLS#: 20261024317MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      Primary bedroom
      • Level: Entry
      • Area: 165
      • Dimensions: 11 X 15
      Other
      • Level: Entry
      • Area: 40
      • Dimensions: 5 X 8
      Other
      • Level: Entry
      • Area: 25
      • Dimensions: 5 X 5
      Great room
      • Level: Entry
      • Area: 440
      • Dimensions: 20 X 22
      Kitchen
      • Level: Entry
      • Area: 132
      • Dimensions: 12 X 11
      Heating
      • Electric, Heat Pump, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Dryer, Free Standing Electric Oven, Free Standing Refrigerator, Microwave, Washer
      • Laundry: In Unit
      Features
      • Elevator, Entrance Foyer
      • Basement: Common,Finished,Interior Entry
      • Has fireplace: No
      Interior area
      • Total interior livable area: 928 sqft
      • Finished area above ground: 928
      Video & virtual tour

      Property

      Parking
      • Parking features: Assigned 1 Space, Detached, No Garage, Parking Structure
      Features
      • Levels: One
      • Stories: 1
      • Entry location: GroundLevel
      • Patio & porch: Patio
      • Exterior features: Awnings, Barbecue, Grounds Maintenance, Lighting, Tennis Courts
      • Pool features: Community, Outdoor Pool
      • Fencing: Fencing Requiredwith Pool
      Details
      • Parcel number: 2422427043
      • Special conditions: Short Sale No,Standard

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: High Rise
      • Property subtype: Condominium
      Materials
      • Other
      • Foundation: Basement, Poured
      Condition
      • New construction: No
      • Year built: 1982

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available

      Community & HOA

      Community
      • Features: Clubhouse, Fitness Center, Tennis Courts
      • Security: Twenty Four Hour Security
      • Subdivision: FIVE THOUSAND AT TOWN CENTER OCCPN 323
      HOA
      • Has HOA: Yes
      • Services included: Maintenance Grounds, Maintenance Structure, Snow Removal, Trash, Water
      • HOA fee: $499 monthly
      • HOA phone: 248-352-3860
      Location
      • Region: Southfield

      Financial & listing details

      • Price per square foot: $129/sqft
      • Tax assessed value: $137,620
      • Annual tax amount: $1,724
      • Date on market: 5/13/2026
      • Cumulative days on market: 86 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA

        Estimated market value

        $115,400

        $110,000 - $121,000

        $1,665/mo

        Price history

        DateEventPrice
        7/29/2026Price change$120,000-7.7%$129/sqft
        Source: Realcomp II #20261024317 Report a problem
        5/13/2026Listed for sale$130,000+38.3%$140/sqft
        Source: Realcomp II #20261024317 Report a problem
        8/20/1998Sold$94,000$101/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $68,810 +5.6%
        2024-- $65,170 +10.9%
        2023-- $58,760 +1.7%
        2022-- $57,800 +7%
        2021-- $54,000 +10.8%
        2020-- $48,730 +12.1%
        2019-- $43,480 +4.6%
        2018-- $41,550 +45.4%
        2015-- $28,570 +9.6%
        2014-- $26,070 +12.2%
        2011-- $23,240 -44.4%
        2010-- $41,820
        2009-- $41,820
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 48075

        Getting around

        65 / 100
        Somewhat Walkable
        44 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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