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616 Madison St

Ann Arbor, MI 48103

3 bd 2 ba 1,144 sqft Built 1922 Lot 4,356 sqft single_family
Most recent sale
$638,000
Aug 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 19, 2022 Sold $638,000 Public Record
Aug 17, 2022 Sold $638,000 MLS #3287783
May 11, 2022 Listed $575,000 MLS #3287783
Feb 7, 2018 Sold $407,900 MLS #3252208
Nov 27, 2017 Sold $408,000 Public Record
Nov 16, 2017 Sold $407,900 MichRic
Sep 21, 2017 Listed $435,000 MLS #3252208
Nov 30, 2010 Listing removed $247,500 AnnArbor
Nov 2, 2010 Listing removed $247,500 AnnArbor
Nov 1, 2010 Listed $247,500 MLS #3009618
Oct 31, 2010 Price changed $247,500 MLS #3002590
Oct 9, 2010 Price changed $260,000 MLS #3002590
Mar 22, 2010 Listed $275,000 MLS #3002590
Aug 29, 2001 Sold $213,000 Public Record
Aug 25, 1993 Sold $60,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $188,200 $8,179
2020 $182,900 $9,307
2019 $180,300 $8,858
2018 $175,000 $8,733
2017 $171,500 $8,348
2016 $151,700 $8,134
2015 $146,000 $7,936
2014 $144,700 $7,800
2013 $132,100 $7,523
2012 $124,000 $7,383
2011 $122,400 $7,245
2010 $121,900 $7,211
2009 $121,600 $7,214
2008 $127,700 $6,000

Property facts

Year built
1922
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,144 sqft
Lot size
4,356 sqft
ZIP code
48103
City
Ann Arbor
Street
Madison St
Coordinates
42.27417, -83.75574

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
$3,828
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 616 Madison St last sell?
616 Madison St most recently sold on Aug 17, 2022 for $638,000.
What is the current tax assessment for 616 Madison St?
The most recent total assessment for 616 Madison St (year 2021) is $188,200 with $8,179 in property tax.
How does 616 Madison St's assessment compare to its last sale price?
The current assessment is 70.5% below the last sale price of $638,000.
When was 616 Madison St built?
616 Madison St was built in 1922.
How does 616 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 616 Madison St?
616 Madison St is a 3 bed, 2 bath, 1,144 sqft, 4,356 sqft lot single_family.
Is 616 Madison St a flip candidate?
No — 616 Madison St does not appear in our flips dataset.
Is 616 Madison St a tax-appeal candidate?
No — 616 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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