$625,000
SOLD MAR 14, 2025

883 Madison St Birmingham, MI 48009

4 Beds
1.5 Baths
1,866 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$335 Per Sq Ft

7% Below List Price

65 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Heating System Uses Steam
  • Harlan Elementary School Rated A
  • 2 Car Detached Garage
  • 4-minute walk to Adams Park

About This Home

As of March 2025

Price Improvement. Offered for the 1st time. Absolutely prime location for this fantastic opportunity! Beautiful Corner Lot. Five Minute walk to Downtown Birmingham as well as Poppleton Park and yet Nestled in a Quaint & Distinguished Neighborhood - the Best of Both Worlds. Unfinished 3rd floor could be added living space. The home is being sold As-Is.

Last Agent to Sell the Property

Jamal Alaouieh

RE/MAX Team 2000 License #6501381369 Listed on: 12/14/2024

RE/MAX Team 2000

Last Buyer's Agent

Alan Amcheslavsky

Home One Realty LLC License #6501273744

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1924

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 54.00 x 135.00

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 1,866 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Location

  • Ground Level

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Highland View Add No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1925431009

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,747

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 3 Story
  • Year Built: 1924
  • State Equalized Value: 281300.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Total Bedrooms: 4
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1866

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum, Vinyl
  • Foundation Materials: Poured
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Steam
  • Sewer: Public Sewer (Sewer-Sanitary), Sewer at Street
  • Water Source: Public (Municipal), Water at Street

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.17
  • Lot Dimensions: 54.00 x 135.00
  • Parcel Number: 1925431009

Rental Info

  • Deposit Amount: 200000.00

Tax Info

  • Tax Amount Summer: 6010.0000
  • Tax Amount Winter: 737.0000
  • Total Tax: 6747.0000
  • Taxable Value: 176450.0000

MLS Schools

  • School District: Birmingham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2024
Closed on
Mar 14, 2025
Sold by
Sayers Mark Russell and Sayers Paul Timothy
Bought by
Ruby Jacob and Ruby Jenna
Seller's Agent
Jamal Alaouieh
RE/MAX Team 2000
Buyer's Agent
Alan Amcheslavsky
Home One Realty LLC
List Price
$674,900
Sold Price
$625,000
Premium/Discount to List
-$49,900
-7.39%
Views
178
Current Estimated Value
$651,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,619
Avg. Annual Appreciation
4.97%
Original Mortgage
$500,000
Outstanding Balance
$495,746
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$155,873
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Type Sale Price Title Company
Warranty Deed $625,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2025 03/14/25 Sold $625,000 0.0% $335 / Sq Ft
02/18/2025 02/18/25 Pending -- -- --
01/14/2025 01/14/25 Price Changed $624,900 -7.4% $335 / Sq Ft
12/14/2024 12/14/24 For Sale $674,900 -- $362 / Sq Ft
Source: Realcomp

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 $6,808 $300,210 $0 $0
2024 $6,010 $281,300 $0 $0
2023 $5,759 $268,390 $0 $0
2022 $6,175 $266,110 $0 $0
2021 $6,229 $249,550 $0 $0
2020 $5,551 $249,500 $0 $0
2019 $6,282 $248,160 $0 $0
2018 $6,234 $246,440 $0 $0
2017 $6,223 $237,700 $0 $0
2016 $6,235 $233,490 $0 $0
2015 -- $218,870 $0 $0
2014 -- $184,040 $0 $0
2011 -- $178,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240091651

Realcomp

APN: 19-25-431-009