Madonna's childhood home for sale for $48,600

Michigan home's bargain price for a four-bedroom house is because of fire damage. The Material Girl herself is renovating a $32 million place in New York.

By Teresa at MSN Real Estate May 10, 2011 11:22AM

Madonna's childhood home in Rochester Hills, Mich. (© Realtor.com)Usually celebrity real-estate news involves homes that cost millions of dollars. Most of us can't afford to buy those homes, but it's fun to look at the photos.

Here's a celebrity home that many of us could afford: Madonna's childhood home in Rochester Hills, Mich., is on the market for $48,600. The seller is willing to pay closing costs for an owner-occupant.

 

Even in Michigan, that's a low price for a four-bedroom, two-bath home on 1.22 acres. The median home value in Rochester Hills, about 25 miles north of Detroit, is $173,800, according to Zillow.

The reason Madonna's old home is going so cheap is because it needs lots of work after a fire blamed on arson gutted the home in 2008. It has been sitting empty since then, which is never good for a house. Curbed has additional photos, some of which show the fire damage.

 

The house was built in 1969. We don't know for sure whether her family were the original owners, but Madonna lived in the home from about age 12 until she left for New York in 1977. (Singer Bob Seger once lived on nearby property.)

Madonna's father and stepmother sold the house for $270,000 in July 2001, Zillow reports.

 

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That buyer sold it on eBay for $331,000 in November 2001, apparently the highest price for the house. It subsequently sold for $324,000 in 2004 and $245,000 in 2005, according to Zillow's data.

The fire was believed to have been arson, and problems collecting the insurance and other financial reversals apparently kept the couple who owned the home from fixing it, despite fines by the city.

No one expects Madonna to come back and rescue the house. She makes her home in London and New York and is finishing renovations on a $32 million mansion in Manhattan.

 

Tags: celebrity
 
15Comments
May 24, 2011 3:16AM
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Madonna lived in Bay City Mich when she was younger. Smile
May 11, 2011 1:33PM
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what kills me is this is considered news and worthy of mention...my childhood home is up for sale too....where's the love....lol...
May 11, 2011 10:32AM
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I bet Lady Gaga will buy it...that carzy woman is so obseesed with Madonna and tries to literally be her....

May 11, 2011 10:01AM
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take a look at the photos of this place on curbed...i wouldn't let my dog take a dump in that dump...another J** fire obviously in our "new economy"...hope they don't enjoy the insurance money.
May 11, 2011 8:11AM
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I'm very sentimental, and sometimes that's not so good.  However, if I had the money I would fix the problems and restore the home to my childhood memories.  If Madonna lived there at 12, she may have many fond memories.  I'm sure she has family pictures at that house.  I would make it available  for free public viewing and hire responsible local people to manage the home and maintain the grounds. I would also leave it to my children, so that from time to time, they could see where their Mom lived and bring them back down to the reality of life.  It may be hard for them to keep their feet on the ground with the money they have.  Coming back to Mom's home would help them understand how blessed they are to have been born with means.  Many people on this planet don't even have a shack to live in.   Or, if this doesn't work, I would still restore it very nicely and bid it off then give the proceeds to charity.    Oh well, dream on!
May 11, 2011 7:57AM
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It could be the next Graceland. Too funny.
May 11, 2011 7:44AM
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So much for Madonna being poor growing up, as has always been stated.....


May 11, 2011 6:12AM
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Too small for a museum, and who would want to go to Michigan......Here's how you make money... certify 10,000 chunks about the size of a pencil to be authentic madonna's childhood home pieces, frame them and put them on e-*** for 35-50 bucks...... This way you take the home worldwide to the fans for cheap and they can own a piece of Madonna... profit about 300 thousand....
May 11, 2011 5:45AM
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I often pass by my childhood home and look at it with fond memories of the good times there. At $48K (and she can probably get it cheaper if she tried), that is a drop in the bucket for Madonna. If I were her, I'd buy it back and send a construction crew in there to restore it. What would it be worth then, I wonder? Probably lots! But, maybe she does not care about preserving her past. 

May 11, 2011 4:24AM
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should make it into a musuem and a tourist attraction.

 

it would be interesting to see all the pointing steel bra's she wore on stage and costumes. 

 

could also sell all her dvd's and cd and posters too.

May 10, 2011 6:29PM
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What a shame, seems like a nice lot and could be a great house still.....


May 10, 2011 4:12PM
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After seeing photos of the fire damage I can't imagine anyone wanting the property except for the lot, which is a good price for its size.
May 10, 2011 3:32PM
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Madonna's mother died and her father married his housekeeper. Her father is alive and living by Traverse City with her stepmother. The article is incorrect.

 

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