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1302 Madison St

Ann Arbor, MI 48103

2 bd 2 ba 988 sqft Built 1939 Lot 9,148 sqft single_family
Most recent sale
$515,000
Jul 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 6, 2022 Sold $515,000 Public Record
Jul 5, 2022 Listed $459,000 MLS #3288268
Jul 1, 2022 Sold $515,000 MLS #3288268
May 26, 2022 Listed $459,000 MLS #3288268
Aug 23, 2019 Price changed for rent $1,900 AppfolioUnits
Aug 22, 2019 Price changed for rent $2,100 AppfolioUnits
Aug 13, 2019 Price changed for rent $2,250 AppfolioUnits
Aug 3, 2019 Price changed for rent $2,350 AppfolioUnits
Jul 20, 2019 Listed for rent $2,400 AppfolioUnits
Mar 14, 2018 Listed for rent $2,200 AppfolioUnits
Jun 22, 2016 Listing removed $2,000 AppfolioUnits
Jun 16, 2016 Listed for rent $2,000 AppfolioUnits
Sep 1, 1994 Sold $125,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $191,600 $4,567
2020 $194,600 $5,197
2019 $186,400 $4,946
2018 $183,300 $5,099
2017 $164,900 $4,743
2016 $146,200 $4,576
2015 $131,800 $4,425
2014 $127,600 $4,358
2013 $127,100 $4,167
2012 $127,600 $4,126
2011 $129,000 $3,986
2010 $127,000 $3,925
2009 $130,300 $3,917
2008 $136,400 $3,385

Property facts

Year built
1939
Property type
single_family
Stories
Beds
2
Baths
2
Living area
988 sqft
Lot size
9,148 sqft
ZIP code
48103
City
Ann Arbor
Street
Madison St
Coordinates
42.27372, -83.76311

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,090
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1302 Madison St last sell?
1302 Madison St most recently sold on Jul 6, 2022 for $515,000.
What is the current tax assessment for 1302 Madison St?
The most recent total assessment for 1302 Madison St (year 2021) is $191,600 with $4,567 in property tax.
How does 1302 Madison St's assessment compare to its last sale price?
The current assessment is 62.8% below the last sale price of $515,000.
When was 1302 Madison St built?
1302 Madison St was built in 1939.
How does 1302 Madison St compare to others on Madison St?
We track 8 other properties on Madison St. Browse the list under "Other properties on Madison St" to compare beds, baths, and sale history.
What are the property facts for 1302 Madison St?
1302 Madison St is a 2 bed, 2 bath, 988 sqft, 9,148 sqft lot single_family.
Is 1302 Madison St a flip candidate?
No — 1302 Madison St does not appear in our flips dataset.
Is 1302 Madison St a tax-appeal candidate?
No — 1302 Madison St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.8%
Implied 1-yr
+7.2%
2026 Q3
$666.5K
2026 Q4
$677.3K
ZIP 48103 — Median Price History + Forecast

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