18 days on rocket

425 Madison Ave, Grosse Pointe Farms, MI, 48236

$399,000

Home List Price

$4,738*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,729 SqFt
$231/SqFt
House
Schools Nearby

Location

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425 Madison Ave, Grosse Pointe Farms$399,000

Buyer Closing Credits

$4,738*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage1 space
Year Built1948
HeatingNatural Gas, Forced Air
CoolingCentral Air
BasementYes
WaterfrontWater Access
FireplaceLivRoom Fireplace
Private PoolYes
MLS #50141775
Lot Size0.14 Acres
StatusActive
(Accepting Backup Offers)

About 425 Madison Ave

Charming renovated brick cape cod. New kitchen with white cabinets, quartz counters and gas cooktop. Spacious living room with natural fireplace. New first floor full bathroom and two large bedrooms. Main suite on second floor with new full bath, two walk-in-closets and a sitting area. Second floor also features a large walk-in cedar closet. Garage attached by covered breezeway. Wide Lot, 60ft. Generous storage. Hardwood floors. Close to schools, shopping and waterfront park. Move in ready.

Property Details

Property Features

Property Information:

  • Year Built: 1948
  • Stories: 1
  • Living Area: 1,729 SqFt

Listing Office:

  • Office Name: Real Estate One Grosse Pointe
  • Office Phone: (313) 886-1000
  • Listing Agent: Lisa Adams

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Hardwood Floors, Walk-In Closet
  • Fireplace: LivRoom Fireplace

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Water Access
  • Exterior: Fenced Yard, Patio

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Grosse Pointe South High School, Public District Grades 9-12
  • Brownell Middle School, Public District Grades 6-8

School District Information:

  • School District: Grosse Pointe Public Schools

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,000
  • Price Per SqFt: $231/SqFt

Agent Commission:

  • Buyer's Agent Commission: 3%
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Housing Market Comparison

See how this home compares to others in Grosse Pointe Farms, MI.

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Grosse Pointe Farms, MI

City

Med. Sold Price

$460K

Med. Price/SqFt

$244

Avg. Days On Market

27

# of Sold Homes

11

425 Madison Ave vs Grosse Pointe Farms

18 DAYS ON ROCKET

-9 Days

$399,000

-$61K Less

$231/SqFt

-$14 Less

KEY TAKEAWAY

This property is $61K less than the Median Sold Price and $14/SqFt less than other homes in Grosse Pointe Farms, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MiRealSource
  • MLS Number: #50141775

Listing Office:

  • Office Name: Real Estate One Grosse Pointe
  • Office Phone: (313) 886-1000
  • Listing Agent: Lisa Adams

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright MiRealSource.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 6/1/2024, 9:20:39 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-6244980
9
/10

  • Brownell Middle School

  • 260 Chalfonte Ave

  • 0.19 miles

  • Public District Grades 6-8

High School

school-card-donut-6244981
10
/10

  • Grosse Pointe South High School

  • 11 Grosse Pointe Blvd

  • 1.23 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $117,882. The majority of Grosse Pointe Farms, MI residents have income between $100k-200k annually. Residents typically live in married, with kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 425 Madison Ave

What is the listing price of this property?

The listing price of 425 Madison Ave property is $399,000.

What type of property is this?

The property 425 Madison Ave is a house located in Grosse Pointe Farms, Michigan, 48236.

Is this property for sale now?

Active Listing: 425 Madison Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 425 Madison Ave are:
Brownell Middle School: GreatSchools Rating 9/10
Grosse Pointe South High School: GreatSchools Rating 10/10

How many bedrooms and bathrooms does this property have?

The property at 425 Madison Ave has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 425 Madison Ave is 1,729 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 425 Madison Ave is 1948.

Rocket Homes›Michigan›Wayne County›Grosse Pointe Farms›48236›425 Madison Ave

This home is located at 425 Madison Ave in Grosse Pointe Farms, MI and zip code 48236. This 1,729 square foot home, which was built in 1948, sits on a 0.14 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 13, 2024 and is currently priced at $399,000.

In April 2024, from all listings sold in Grosse Pointe Farms, MI there were more than 2 sold above asking price, over 8 sold below and more than 1 were sold right at the asked price. The number of homes for sale in Grosse Pointe Farms, MI increased by 34.8% between March 2024 and April 2024. In April 2024, listings were on the market for 27 days. During the same period, the median list price in this real estate market was $460,000.

From Rocket Homes Real Estate and based on county public records data.

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