NOT LISTED FOR SALE

529 Madison Ave Rochester, MI 48307

Estimated Value: $438,000 - $513,000

3 Beds
2 Baths
1,498 Sq Ft
$316/Sq Ft Est. Value

Last Sold July 19, 2022

Last sale price $387,500 $259 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,951/month

16 Days on Market

Highlights

  • Wood Siding
  • Historic Home
  • 1-minute walk to Elizabeth Park
  • Long Meadow Elementary School Rated A
  • Carpet

About This Home

As of July 2022

Downtown Gold Coast property awaiting your vision or new construction. This is the one property you have been waiting for… 60’ x 150’ prime location lot walkable to everything downtown and only steps from the park and tennis courts. 2 bedroom, 2 bathroom with a formal parlor / potential third bedroom. Across the street from Rochester Municipal Park, beautifully framed by 6th street. Last remaining original home on the block. House is being sold as is and located amongst $1million plus homes. Realtor owned property.

Last Agent to Sell the Property

John Petchul

EXP Realty LLC License #MISPE-6501416258 Listed on: 05/09/2022

EXP Realty LLC

Last Buyer's Agent

Michelle Parker

RE/MAX Defined-Oakland License #RCO-6501314748

RE/MAX Defined-Oakland

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1903

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 60 x 149.58
  • Historic Home

Home Design

  • Wood Siding

Interior Spaces

  • 1,498 Sq Ft Home
  • 2-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Partial Basement
  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 68-15-10-455-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,426

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Historic
  • Structure Style: 2 Story
  • Total Tax Amount: 8426
  • Year Built: 1903
  • Mail City: Rochester
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Yes
  • Bedrooms: 3
  • Bedroom 1: On 2nd Floor, Dimensions: 19 x 10
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: Dimensions: 14 x 11
  • Bedroom 3: Dimensions: 16 x 12
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Second
  • Below Grade Sq Ft: 644
  • Above Grade Finished Sq Ft: 1498
  • Total Finished Sq Ft: 1498

Exterior Features

  • Exterior: Wood
  • Foundation: Crawl, Partial Basement
  • Frontage: 60

Garage/Parking

  • Garage: No

Utilities

  • Sewer: Public Sanitary
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 68-15-10-455-011
  • Lot Dimensions: 60 x 149.58
  • Acreage: 0.2
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2021, Amount: $6,487.00
  • Winter Tax: Year: 2021, Amount: $1,939.00
  • Total Tax: Amount: $8,426.00

MLS Schools

  • School District: Rochester Community School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2022
Closed on
Jul 19, 2022
Sold by
Intrepid Capital Investments Ii Llc
Bought by
Mcneil Hayden and Johnson Julia
Seller's Agent
John Petchul
EXP Realty LLC
Buyer's Agent
Michelle Parker
RE/MAX Defined-Oakland
List Price
$425,000
Sold Price
$387,500
Premium/Discount to List
-$37,500
-8.82%
Current Estimated Value
$455,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,704
Avg. Annual Appreciation
5.20%
Original Mortgage
$305,600
Outstanding Balance
$294,710
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$157,830

Purchase Details

Listed on
Apr 20, 2018
Closed on
Jun 13, 2018
Sold by
Ellis Robert P and The Doris J Ellis Trust
Bought by
Intrepid Capital Investments Ii Llc and Petchul John
Seller's Agent
Jason Gault
Real Estate One-Ortonville
Buyer's Agent
Mike Blake
Epique Inc.
List Price
$374,900
Sold Price
$295,000
Premium/Discount to List
-$79,900
-21.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.88%

Purchase Details

Closed on
Sep 28, 2017
Sold by
Ellis Doris J
Bought by
Ellis Doris J and Doris J Ellis Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mcneil Hayden $387,500 None Listed On Document
Intrepid Capital Investments Ii Llc $295,000 None Available
Ellis Doris J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcneil Hayden $305,600
Previous Owner Ellis Doris Janet $16,120
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2022 07/19/22 Sold $387,500 -2.9% $259 / Sq Ft
05/27/2022 05/27/22 Pending -- -- --
05/17/2022 05/17/22 Price Changed $399,000 -6.1% $266 / Sq Ft
05/10/2022 05/10/22 For Sale $425,000 +44.1% $284 / Sq Ft
06/13/2018 06/13/18 Sold $295,000 -7.8% $197 / Sq Ft
05/25/2018 05/25/18 Pending -- -- --
05/16/2018 05/16/18 Price Changed $319,999 -11.1% $214 / Sq Ft
05/04/2018 05/04/18 Price Changed $359,900 -4.0% $240 / Sq Ft
04/20/2018 04/20/18 For Sale $374,900 -- $250 / Sq Ft
Source: Michigan Multiple Listing Service

Tax History Compared to Growth

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
2024 $5,509 $188,530 $0 $0
2023 $5,530 $188,240 $0 $0
2022 $6,981 $166,610 $0 $0
2021 $8,427 $168,470 $0 $0
2020 $6,570 $166,740 $0 $0
2019 $8,618 $165,270 $0 $0
2018 $1,882 $156,240 $0 $0
2017 $1,845 $147,350 $0 $0
2016 $1,786 $138,510 $0 $0
2015 -- $126,900 $0 $0
2014 -- $113,870 $0 $0
2011 -- $77,370 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50073516

Michigan Multiple Listing Service

APN: 15-10-455-011