723 W Madison St Ann Arbor, MI 48103
Old West Side Neighborhood
1
Bed
1
Bath
--
Sq Ft
0.3
Acres
About This Home
A beautiful private building with large balconies and amazing wood burning fireplaces available in several units. This apartment building is made up of one and two bedroom units with spacious living rooms and tons of storage space! On-site parking and laundry are included with rent.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 3, 2010
Sold by
723 West Madison Llc
Bought by
Gam Real Estate 3 Llc
Purchase Details
Closed on
Oct 24, 1997
Sold by
William L Vanfossen Est
Bought by
Seven Hundred Twenty Three West Madison
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.42%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Gam Real Estate 3 Llc | -- | None Available | |
Seven Hundred Twenty Three West Madison | $250,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Previous Owner | 723 West Madison Llc | $855,000 | |
Previous Owner | Seven Hundred Twenty Three West Madison | $300,000 |
Source: Public Records
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/21/2023 06/21/23 | For Rent | $1,775 | 0.0% | -- |
03/10/2023 03/10/23 | Price Changed | $1,775 | +14.6% | $2 / Sq Ft |
01/06/2023 01/06/23 | Price Changed | $1,549 | +9.9% | $2 / Sq Ft |
01/05/2023 01/05/23 | For Rent | $1,410 | -- | -- |
Tax History Compared to Growth
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 | $40,893 | $1,090,400 | $0 | $0 |
2024 | $34,356 | $1,027,500 | $0 | $0 |
2023 | $31,724 | $980,300 | $0 | $0 |
2022 | $38,397 | $889,300 | $0 | $0 |
2021 | $37,312 | $833,700 | $0 | $0 |
2020 | $36,138 | $826,800 | $0 | $0 |
2019 | $34,470 | $771,400 | $771,400 | $0 |
2018 | $33,819 | $694,200 | $0 | $0 |
2017 | $32,625 | $643,900 | $0 | $0 |
2016 | $32,156 | $513,771 | $0 | $0 |
2015 | $30,484 | $512,235 | $0 | $0 |
2014 | $30,484 | $496,230 | $0 | $0 |
2013 | -- | $496,230 | $0 | $0 |
Source: Public Records
Map
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