316 E Madison St Ann Arbor, MI 48104
Elbel Neighborhood
2
Beds
1
Bath
--
Sq Ft
26,136
Sq Ft Lot
About This Home
This home is located at 316 E Madison St, Ann Arbor, MI 48104. 316 E Madison St is a home located in Washtenaw County with nearby schools including Bach Elementary School, Slauson Middle School, and Pioneer High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 5, 2023
Sold by
Mckinley Associates Acquisitions Llc
Bought by
Regents Of The University Of Michigan
Purchase Details
Closed on
Nov 4, 2022
Sold by
Madison Management Company De Llc
Bought by
Mckinley Associates Acquisitions Llc
Purchase Details
Closed on
Sep 9, 2014
Sold by
Madison Management Company Ca Llc
Bought by
Madison Management Company De Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,900,000
Interest Rate
4.08%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
May 1, 2006
Sold by
Madison Management Co
Bought by
Madison Management Co Ca Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,400,000
Interest Rate
6.37%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 8, 1998
Sold by
Marvin A Gilbar Trust
Bought by
Madison Management Co
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Regents Of The University Of Michigan | -- | None Listed On Document | |
| Mckinley Associates Acquisitions Llc | -- | Liberty Title | |
| Madison Management Company De Llc | -- | Title Connect Llc | |
| Madison Management Co Ca Llc | -- | None Available | |
| Madison Management Co | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Madison Management Company De Llc | $3,900,000 | |
| Previous Owner | Madison Management Co Ca Llc | $8,400,000 |
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 | $91,896 | $0 | $0 | $0 |
| 2024 | $91,896 | $0 | $0 | $0 |
| 2023 | $71,292 | $2,113,700 | $0 | $0 |
| 2022 | $86,286 | $1,922,100 | $0 | $0 |
| 2021 | $83,886 | $1,816,200 | $0 | $0 |
| 2020 | $81,210 | $1,602,300 | $0 | $0 |
| 2019 | $77,462 | $1,524,400 | $1,524,400 | $0 |
| 2018 | $75,999 | $1,477,500 | $0 | $0 |
| 2017 | $73,315 | $1,374,200 | $0 | $0 |
| 2016 | $57,048 | $1,154,553 | $0 | $0 |
| 2015 | $39,037 | $1,151,100 | $0 | $0 |
| 2014 | $39,037 | $632,208 | $0 | $0 |
| 2013 | -- | $632,208 | $0 | $0 |
Source: Public Records
Map
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