591 Wallace Street

About this home

Located in the heart of Birmingham, curb appeal is just the beginning. Upon arrival, you will find the light-filled main level greets you with gracious gathering spaces, including a custom Chef's kitchen open to a lovely family room with a fireplace & access to a relaxing patio. Enjoy the expansive dining room featuring a custom full bar with seating & the perfect space for all of your entertaining needs. Wood floors & high-end finishes throughout. The spacious second level features three outstanding bedrooms, with suited baths. The generous primary suite offers natural light, tray ceilings, and a spa bath with heated floors. The 17 X 12 landing/flex space, outfitted with a bar fridge, dishwasher, & sink, is presently the perfect home office. A convenient laundry room with a washer & dryer completes the upstairs. Stay fit in the lower level with a workout room and great storage. 2-car heated garage. You will love the beautiful corner lot in an excellent location close to all of Birmingham's finest amenities. Award-winning Birmingham & Private schools.

Interior

Systems and utilities

Exterior and lot

Taxes, HOA and more

Schools

How it compares in Birmingham

Over the last 90 days, 102 homes sold in Birmingham for a median of $907,000, about $331 per square foot, and the typical one went under contract in 18 days. This home is listed at $1,450,000, or $375 per square foot, 13% above the city median, and has been on the market 4 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Birmingham sales or ask us for the comparable sales on this one.

Property taxes for a new owner

The current owner pays about $16,331 a year. A buyer who lives here would pay about $16,306 to $27,930 a year once the taxable value resets after the sale, at the 2025 homestead rate of 38.14 mills for Birmingham City and Birmingham schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.

Monthly payment estimate

Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.

Location

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