2 months on rocket

520 W Madison St, Ann Arbor, MI, 48103

$495,000

Home List Price

$5,878*

Closing Credit

2 Bedrooms
1 Full Bath
1,145 SqFt
$432/SqFt
House

Location

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520 W Madison St, Ann Arbor$495,000

Buyer Closing Credits

$5,878*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
ParkingDetached
Garage1 space
Year Built1901
HeatingNatural Gas, Forced Air
CoolingCeiling Fan(s), Window Unit(s)
BasementYes
MLS #20240068259
Lot Size0.10 Acres
StatusActive

About 520 W Madison St

Recently renovated move in ready bungalow ready for its new owners! Amazing old west side location, a short walk to downtown, the Big House and Campus! Right across the street from Wurster Park and one block to Bach Elementary. Updates include brand new kitchen w/ new cabinets, quartz counters, and cafe appliances. New flooring throughout first floor. Remodeled bathroom, updated landscaping, radon mitigation system, newer furnace, hot water tank and more! Two work from home spaces, large kitchen pantry, large closets in the bedrooms, and the quaint backyard courtyard are other notable highlights. Immediate Occupancy! Home Energy Score of 1. Report available in docs.

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: Century 21 Curran & Oberski
  • Office Phone: (734) 464-6400
  • Listing Agent: Ashley Jolley

Interior Features

Interior Information:

  • Appliances: Electric Oven, Dishwasher, Disposal, Dryer, Electric Range, Refrigerator, Microwave, Washer
  • Basement: Yes
  • Interior: Furnished - Negotiable

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Fenced

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: 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)

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: $495,000
  • Price Per SqFt: $432/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

$500.1K

Med. Price/SqFt

$254

Avg. Days On Market

32

# of Sold Homes

110

520 W Madison St vs Ann Arbor

72 DAYS ON ROCKET

+40 Days

$495,000

-$5.1K Less

$432/SqFt

+$177 More

KEY TAKEAWAY

This property is $5.1K less than the Median Sold Price and $177/SqFt more than other homes in Ann Arbor, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240068259

Listing Office:

  • Office Name: Century 21 Curran & Oberski
  • Office Phone: (734) 464-6400
  • Listing Agent: Ashley Jolley

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: 11/23/2024, 10:20:53 AM 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

$2,538

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,551

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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.

Nearby Schools

school-card-donut-864578
7
/10

  • Bach Elementary School

  • 600 W Jefferson St

  • 0.16 miles

  • Public District Grades KG-5

school-card-donut-864579
5
/10

  • Dicken Elementary School

  • 2135 Runnymede Blvd

  • 1.36 miles

  • Public District Grades KG-5

school-card-donut-864580
6
/10

  • Burns Park Elementary School

  • 1414 Wells St

  • 1.36 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,398. Typical income of Ann Arbor, MI residents is between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

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 $495,000.

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?

Active Listing: 520 W Madison St is For Sale (Active/New) which means the seller is accepting offers.

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 September 11, 2024 and is currently priced at $495,000.

In October 2024, from all listings sold in Ann Arbor, MI there were more than 43 sold above asking price, over 53 sold below and more than 14 were sold right at the asked price. The number of homes for sale in Ann Arbor, MI increased by 8.8% between September 2024 and October 2024. Listings spent 32 days on the market in October 2024, and had a median list price of $500,181 during the same period.

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

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