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Backup Offers

520 W Madison St, Ann Arbor, MI, 48103

$445,000

Home List Price

$5,284*

Closing Credit

2 Bedrooms
1 Full Bath
1,145 SqFt
$389/SqFt
House
Schools Nearby

Location

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520 W Madison St, Ann Arbor$445,000

Buyer Closing Credits

$5,284*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDoor Opener, Detached
Garage1 space
Year Built1901
HeatingNatural Gas, Forced Air
CoolingCeiling Fan(s), Window Unit(s)
BasementYes
MLS #54024018750
Lot Size0.10 Acres
StatusAccepting Backup Offers
(Contingent - Continue To Show)

About 520 W Madison St

OFFERS DUE THUR 4/25 AT 2PM. Move-in ready, light filled ''Little Blue House''. Fantastic OWS location-short walk to downtown restaurants, shopping, Central Campus, Argus Farm, the Big House, Blank Slate, Jefferson Market, Wurster Park (and more!). Many updates made, while still retaining historical charm. List of these is attached to the MLS & incl a new furnace, hot water heater, washer, dryer & fridge. Large kitchen pantry, bathroom with double vanity and clawfoot tub, and two separate WFH desk options are highlights. The backyard is a real treat in the warmer months - ideal to sit on the deck with a good book, or host friends for a magical evening surrounded by fireflies. Stays cool in summer even w/o central AC (window unit on 2nd floor is sufficient.) 1145 SF. 2 beds. 1 full bath a

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1901
  • Stories: 2
  • Living Area: 1,145 SqFt

Listing Office:

  • Office Name: The Charles Reinhart Company
  • Office Phone: (734) 665-0300
  • Listing Agent: Debora Odom Stern

Interior Features

Interior Information:

  • Appliances: Electric Oven, Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Basement: Yes
  • Interior: Cable Available, Laundry Facility

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Fenced

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Door Opener, Detached

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Ceiling Fan(s), Window Unit(s)

School Info

Assigned Schools Information:

  • Pioneer High School, Public District Grades 9-12
  • Slauson Middle School, Public District Grades 6-8
  • Bach Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: On the corner of Madison & 4th Street directly across from Wurster Park.

Price Information

Listing Price Info

Price Summary:

  • List Price: $445,000
  • Price Per SqFt: $389/SqFt

Tax Information:

  • Annual Amount: $8,217
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Ann Arbor, MI.

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Ann Arbor, MI

City

Med. Sold Price

$489.7K

Med. Price/SqFt

$276

Avg. Days On Market

34

# of Sold Homes

128

520 W Madison St vs Ann Arbor

13 DAYS ON ROCKET

-21 Days

$445,000

-$44.7K Less

$389/SqFt

+$112 More

KEY TAKEAWAY

This property is $44.7K less than the Median Sold Price and $112/SqFt more than other homes in Ann Arbor, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Ann Arbor Area Board of REALTORS®
  • MLS Number: #54024018750

Listing Office:

  • Office Name: The Charles Reinhart Company
  • Office Phone: (734) 665-0300
  • Listing Agent: Debora Odom Stern

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 12:15:24 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 25, 2017Home Sold
$305,000
Dec 15, 2016Home Sold
$230,000
Apr 02, 2002Home Sold
$223,000
Apr 12, 1996Home Sold
$104,500

Tax History

YEARPROP. TAXASSESSMENT
2021$8,217$167,200
2020$7,709$163,000
2019$7,325$159,000
2018$5,601$154,500
2017$5,415$147,800

History based on county public records data.

Payment Calculator

$2,288

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,401

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NMLS#3030

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.

Elementary School

school-card-donut-4760341
9
/10

  • Bach Elementary School

  • 600 W Jefferson St

  • 0.17 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4760342
8
/10

  • Slauson Middle School

  • 1019 W Washington St

  • 0.51 miles

  • Public District Grades 6-8

High School

school-card-donut-4760343
8
/10

  • Pioneer High School

  • 601 W Stadium Blvd

  • 0.82 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 $59,398. The majority of Ann Arbor, MI residents have income between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 520 W Madison St

What is the listing price of this property?

The listing price of 520 W Madison St property is $445,000.

What type of property is this?

The property 520 W Madison St is a house located in Ann Arbor, Michigan, 48103.

Is this property for sale now?

Accepting Backup Offers: 520 W Madison St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 520 W Madison St are:
Bach Elementary School: GreatSchools Rating 9/10
Slauson Middle School: GreatSchools Rating 8/10
Pioneer High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $8,217 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 25, 2017 for $305,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 520 W Madison St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 520 W Madison St is 1,145 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 520 W Madison St is 1901.

Rocket Homes›Michigan›Washtenaw County›Ann Arbor›48103›520 W Madison St

This home is located at 520 W Madison St in Ann Arbor, MI and zip code 48103 in the Bach neighborhood. This 1,145 square foot home, which was built in 1901, sits on a 0.10 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 19, 2024 and is currently priced at $445,000.

In April 2024, from all listings sold in Ann Arbor, MI there were more than 73 sold above asking price, over 42 sold below and more than 13 were sold right at the asked price. The number of homes for sale in Ann Arbor, MI increased by 30.6% between March 2024 and April 2024. The median list price of listings available in April 2024 was $489,700, while the average time on the real estate market was 34 days.

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

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