Welcome to 555 South Old Woodward Avenue, a building located in Downtown Birmingham, Birmingham, Birmingham in Birmingham, MI.
As a quick overview, these are the most up-to-date information we've collected about the property.
The building itself was built in 1978.
This is a relatively tall building with a total of 100 floors.
Finally, 555 South Old Woodward Avenue was most recently sold on Oct 19, 2010 for $3,750,000.
In total, the total market value of the property as a whole is $16,339,400.
According to local assessors, the total value of the building is currently valued at $8,169,700.
The building was last assessed in 2023.
There are another one buildings located on the same land that 555 South Old Woodward Avenue was built on.
Here's what we know about the features and amenities in this building.
While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead.
The building depends on for cooling.
Speaking of cooling systems, the heat in the building is controlled via .
There is no porch or patio on the premise of the property.
For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool.
The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
More About The Building
In total, the building area is listed as 245,740 square feet.
The building itself has 245,740 square footage of total floor area.
Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition.
The building class code for 555 South Old Woodward Avenue is unknown but given the importance of this information, we will work to update this data as soon as possible.
The overall condition of the building is considered to be average.
Interested in learning more about the neighborhood that the property is located in?
Buildings in the Downtown Birmingham area have a median price of $4,095.
Those in the 25th percentile, have a price around $3,115.
While those in the 75th percentile, have a price around $5,687.
Typically, the buildings in this area have a median sqft of 1,250.
That means that the median price per sqft is around $41.
In other words, the price per sqft for buildings in the 25th percentile is $40.
While the price per sqft for buildings in the 75th percentile is $42.
As a breakdown, we've included the following stats:
- There is currently one advertised studio listing.
The median price for these types of listings is $2,019.
That's $39.85 price per sqft.
- There is currently a single advertised one bedroom listing.
The median price for these types of listings is $2,831.
That's $41.33 price per sqft.
- There are currently a total of 2 two bedroom listings.
The median price for these types of listings is $4,095.
That's $39.31 price per sqft.
- There are currently a total of 2 three bedroom listings.
The median price for these types of listings is $6,294.
That's $42.52 price per sqft.
- There are currently no four bedroom listings being advertised in the area.
About The Area
555 South Old Woodward Avenue is located in 48009.
There are 20,653 people living here.
There are 8,935 households.
Most of these households have an average family size of 3.03 people.
According to the census, 25% are currently renting while 75% own their homes.
The median age of this population is around 41 years old.
On average, most folks in the zipcode are married.
About 9% of folks speak a language other than English in this area.
The area's employment rate is currently around 68%.
Speaking of employment, the median income is $112,545.
Most folks will commute by car for around 22.2 minutes.
Finally, we know that 6% of residents in the area have graduated with their high school degree.
Additionally, 39% and 39% have their Bachelor's and Master's degree, respectfully.
Moving on to the county level.
Oakland County, Michigan has a population of 1,235,215 people.
Based on census records, there are 496,727 registered households.
Families in this area are on average made up of 3.09 people per household.
Most folks are married.
They are also typically around 40.9 years old.
Does diversity matter to you? Right now, 15% of folks speak a language other than English here.
About 30% rent while 70% purchased their homes.
Right now, the community is made up of 20% of residents who have graduated with at least a high school degree.
On top of that, 26% have a Bachelor's degree and 19% have a Master's degree.
The employment rate is currently around 62.1%.
Those employed, have a median income of $69,850.
If you move here, you can expect to commute mostly by car for around 26.5 minutes.
Finally, let's take a look at the stats related to Detroit, MI Urban Area.
The urban area is home to 3,726,964 people.
A total of 1,455,538 households are registered here.
With average family sizes being listed at 3.22 people.
About 27% of residents have graduated with a high school degree.
Of the rest, 18% have their Bachelor's and 12% have their Master's degree.
Folks speaking a language other than English, make up about 14% of the population.
Speaking of your commute, 56.2% of people in this area are employed.
The recorded median income is currently at $52,546 per year.
The median population age has been listed at 39.4 years old.
Interestingly enough, unmarried people make up the majority of the population.
Last but not least, renters make up about 33% of the population while homeowners are at about 67% of the population.
$2,019
Studio Median Rent
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