July 14

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HOW MUCH FOR MADONNA’S BURNED-OUT CHILDHOOD HOME?

In 2004, a fan purchased Madonna’s childhood home in Michigan for $324,000.  In 2009, the home was ravaged by fire, presumably by arson.  How much is it for sale for today?  This article from TopTenRealEstateDeals.com has the big reveal…

Madonna's burned-out childhood home

Madonna’s Detroit Childhood Home For Sale!

Whoa! Don’t they sell souvenirs on eBay? It worked the first time for this property, but that was when it was intact. Today, this rather nondescript former middleclass house in Rochester Hills is a burned out shell!

On slightly over a quarter acre, this home used to house eight people in 4 BR and 2 BA, in 2,639sf — pretty close quarters even if everyone got along. The thought of having six teenagers in there is enough to make most of us entertain nothing less than hari-kari!

Madonna shared the two-story home with her seven siblings, leaving home at age 18 to attend a few semesters at the University of Michigan before dropping out to pursue a dance career in New York City. Madonna’s father and stepmother moved out of the Colonial-style home in July 2001, selling the home for $270,000.

Like the Material Girl herself, the home is no stranger to bad press. The unassuming house first gained notoriety when it was placed for sale on eBay on November 17, 2001, attracting bidders from all over the U.S. The highest bidder, Sam Michael, took the property in 12 minutes with a purchase price of $331,000. He told the Detroit News that he hoped to make a profit reselling the wooded property.

But, it appears Michael’s plan didn’t work out that way. According to Zillow’s Price History chart, the home was then sold in 2004 for $324,000 and again in 2005 for $245,000.

The home received coverage again in 2008, when it was gutted by a weekend fire, presumably started by arson. The fire began in the living room when none of the home’s inhabitants were home, and was reported by a passerby. No official cause of fire has yet to be determined.

In 2009, as the home remained empty and fire damaged, residents of the Rochester Hills neighborhood began to complain about Madonna’s childhood home being a blight in the community.

Hope the lot is worth the $49k. There’s not much left to do but raze it and start over.  Once sold over $300k. Now only $49k for a unique Madonna souvenir.

Richard@TheBPlot.com

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