487 Madison St
Birmingham, MI 48009
4 bd 6 ba 4,300 sqft Built 2023 Lot 7,405 sqft single_family
Most recent sale
$500,000
Sep 21, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 24, 2024 | Sold | $2,050,000 | Realcomp |
| Nov 3, 2023 | Listed | $2,195,000 | Realcomp |
| Sep 21, 2022 | Sold | $500,000 | Public Record |
| Aug 25, 2022 | Sold | $500,000 | Realcomp |
| Jul 6, 2022 | Price changed | $550,000 | MLS #2220017525 |
| Jun 16, 2022 | Relisted | $650,000 | MLS #2220017525 |
| Jun 2, 2022 | Listing removed | — | Realcomp |
| May 27, 2022 | Listed | $650,000 | MLS #2220017525 |
| Jan 28, 2011 | Sold | $345,000 | Public Record |
| Dec 23, 2010 | Listing removed | $379,900 | Realcomp |
| Oct 6, 2010 | Price changed | $379,900 | MLS #210078365 |
| Jul 22, 2010 | Price changed | $399,999 | MLS #210078365 |
| Jul 6, 2010 | Listed | $405,000 | MLS #210078365 |
| Jun 1, 1985 | Sold | $136,750 | Public Record |
| Dec 1, 1983 | Sold | $112,000 | Public Record |
| Dec 1, 1982 | Sold | $100,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $281,990 | $7,554 |
| 2020 | — | — | $283,750 | $8,953 |
| 2019 | — | — | $281,620 | $8,662 |
| 2018 | — | — | $274,220 | $8,596 |
| 2017 | — | — | $265,320 | $8,582 |
| 2016 | — | — | $283,420 | $8,598 |
| 2015 | — | — | $252,840 | $8,649 |
| 2014 | — | — | $216,930 | $8,699 |
| 2013 | — | — | $189,380 | $8,614 |
| 2012 | — | — | $195,510 | $8,879 |
| 2011 | — | — | $193,420 | $8,687 |
| 2010 | — | — | $212,540 | $9,217 |
| 2009 | — | — | $232,260 | $9,531 |
| 2008 | — | — | $255,840 | $7,859 |
| 2007 | — | — | $303,610 | $7,855 |
Property facts
Year built
2023
Property type
single_family
Stories
3
Beds
4
Baths
6
Living area
4,300 sqft
Lot size
7,405 sqft
ZIP code
48009
City
Birmingham
Street
Madison St
Coordinates
42.55068, -83.21207
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,000
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 487 Madison St last sell?
487 Madison St most recently sold on Sep 21, 2022 for $500,000.
What is the current tax assessment for 487 Madison St?
The most recent total assessment for 487 Madison St (year 2021) is $281,990 with $7,554 in property tax.
How does 487 Madison St's assessment compare to its last sale price?
The current assessment is 43.6% below the last sale price of $500,000.
When was 487 Madison St built?
487 Madison St was built in 2023.
How does 487 Madison St compare to others on Madison St?
We track 6 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 487 Madison St?
487 Madison St is a 4 bed, 6 bath, 4,300 sqft, 7,405 sqft lot single_family.
Is 487 Madison St a flip candidate?
Yes — 487 Madison St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 487 Madison St a tax-appeal candidate?
No — 487 Madison St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.8%
Implied 1-yr
+7.3%
2026 Q3
$1.33M
2026 Q4
$1.35M
ZIP 48009 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Madison St