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.
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.
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.
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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.
I bet Lady Gaga will buy it...that carzy woman is so obseesed with Madonna and tries to literally be her....
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.
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.
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.
About Teresa Mears
Teresa Mears is a veteran journalist who has been interested in houses since her father took her to tax auctions to carry the cash at age 10. A former editor of The Miami Herald's Home & Design section, she lives in South Florida where, in addition to writing about real estate, she publishes Miami on the Cheap to help her neighbors adjust to the loss of 60% of their property value.