1408 Madison Dr
Troy, MI 48083
4 bd 3 ba 2,180 sqft Built 1974 Lot 8,712 sqft single_family
Most recent sale
$393,000
Oct 11, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 11, 2022 | Sold | $393,000 | Public Record |
| Oct 5, 2022 | Sold | $393,000 | Realcomp |
| Aug 30, 2022 | Price changed | $393,000 | MLS #20221011159 |
| Jul 25, 2022 | Relisted | $399,900 | MLS #20221011159 |
| Jun 28, 2022 | Listed | $399,900 | MLS #20221011159 |
| Mar 14, 2001 | Sold | $200,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $159,700 | $3,135 |
| 2020 | — | — | $154,130 | $3,813 |
| 2019 | — | — | $142,470 | $3,784 |
| 2018 | — | — | $132,700 | $3,636 |
| 2017 | — | — | $128,840 | $3,571 |
| 2016 | — | — | $122,930 | $3,549 |
| 2015 | — | — | $112,370 | $3,496 |
| 2014 | — | — | $104,790 | $3,476 |
| 2013 | — | — | $94,930 | $3,396 |
| 2012 | — | — | $88,810 | $3,352 |
| 2011 | — | — | $88,400 | $3,262 |
| 2010 | — | — | $93,360 | $3,332 |
| 2009 | — | — | $109,460 | $3,786 |
| 2008 | — | — | $114,870 | $3,329 |
Property facts
Year built
1974
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,180 sqft
Lot size
8,712 sqft
ZIP code
48083
City
Troy
Street
Madison Dr
Coordinates
42.57052, -83.12010
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,270
Gross rental yield
9.98%
Implied cap rate
6.49%
Trend-extrapolated value
—
Frequently asked questions
When did 1408 Madison Dr last sell?
1408 Madison Dr most recently sold on Oct 11, 2022 for $393,000.
What is the current tax assessment for 1408 Madison Dr?
The most recent total assessment for 1408 Madison Dr (year 2021) is $159,700 with $3,135 in property tax.
How does 1408 Madison Dr's assessment compare to its last sale price?
The current assessment is 59.4% below the last sale price of $393,000.
When was 1408 Madison Dr built?
1408 Madison Dr was built in 1974.
How does 1408 Madison Dr compare to others on Madison Dr?
We track 4 other properties on Madison Dr. Browse the list under "Other properties on Madison Dr" to compare beds, baths, and sale history.
What are the property facts for 1408 Madison Dr?
1408 Madison Dr is a 4 bed, 3 bath, 2,180 sqft, 8,712 sqft lot single_family.
Is 1408 Madison Dr a flip candidate?
No — 1408 Madison Dr does not appear in our flips dataset.
Is 1408 Madison Dr a tax-appeal candidate?
No — 1408 Madison Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+5.3%
Implied 1-yr
+21.3%
2026 Q2
$613.2K
2026 Q3
$637.5K
ZIP 48083 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Madison Dr