$1,875,000

722 Wallace St Birmingham, MI 48009

$10,000
Closing credit¹
3 beds
4 full, 1 partial
5,026 sqft
0.3 acres
$373 / sqft
House

Property details

About 722 Wallace St

An Urban Oasis in the Heart of Birmingham! Discover unparalleled luxury and tranquility in this beautifully landscaped private lot, ideally nestled in downtown Birmingham within walking distance of the city’s finest amenities. Step inside to a sophisticated, newly remodeled interior by Tutto Interiors that perfectly blends style and comfort. The open-concept floor plan centers around serene garden views, creating an inviting, peaceful ambiance throughout the home. Impeccably maintained, this home boasts a spacious, sunlit primary suite, soaring vaulted ceilings, refinished hardwood floors, elegant crown molding, and a striking curved staircase with custom nightlights. The large first-floor office is perfect for today’s work-from-home lifestyle, offering both functionality and beauty. The lower level has been transformed into a sleek, modern retreat with custom built-ins, elevating your entertainment and relaxation experience. Thoughtful upgrades include two new furnaces, two A/C units, an all-home natural gas-fed generator, two new fireplaces, two dishwashers, a natural gas grill, a sound system, all-home LED lighting, and a newer roof (2019). The space is illuminated by six exquisite high-end chandeliers, adding to the home’s elegance. While the interiors dazzle, the kitchen and primary bath await your personal touch—offering a blank canvas for you to create your dream spaces. This is more than a home; it’s a lifestyle of convenience, luxury, and comfort. Schedule your private showing today and experience this downtown Birmingham gem for yourself!

Highlights

Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusAccepting Backup Offers
CoolingCeiling Fan(s), Central Air
Size5,026 sqft
BasementYes
Lot size0.33 Acres
Year built1997
ParkingTwo Car Garage, Attached
MLS #20250004739
Attached garage2 spaces
FireplaceLiving Room, Master Bedroom

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Appliances: Refrigerator, Bar Fridge, Convection Oven, Dishwasher, Disposal, Double Oven, Microwave, Wine Cooler
  • Basement: Yes
  • Interior: Entrance Foyer, Sound System
  • Fireplace: Living Room, Master Bedroom
  • Total Bedroom Count: 3
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Two Car Garage, Attached
  • Exterior: Balcony, Barbecue, Gutter Guard System
  • Architectural Style: Other
  • Heating: Forced Air, Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • List Price: $1,875,000
  • Price/SqFt: $373
  • Annual Tax Amount: $23,289
  • Tax Year: 2024
  • Directions: North side of Wallace St between Watkins St and Southfield Rd
  • Year Built: 1997
  • Living Area: 5,026 SqFt
  • Lot Size: 0.33 Acres
  • MLS Number: 20250004739
  • MLS Name: Realcomp II Ltd
  • Office Name: The Agency Hall & Hunter
  • Office Phone: (248) 644-3500
  • Listing Agent: Renee Williams

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/12/2025, 5:20:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of front facade with a garage

$1,875,000

722 Wallace St

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 28, 2020
Home Sold
$998,153
Aug 01, 2014
Home Sold
$1,200,000
Sep 04, 2009
Home Sold
$850,000

Tax history

YearAssessmentProperty Tax
2024$648,040$23,289
2023$603,910$23,133
2022$573,770$22,136
2021$575,380$23,133
2020$681,410$25,062
2018$633,770$24,869
2017$609,500$24,827

History based on county public records data.

Nearby schools

8

Greenfield Elementary School

Public Magnet EE-5

1.7 mi

31200 Fairfax Ave

6

Alfred E. Upton Elementary School

Public District KG-5

2.0 mi

4400 Mandalay Ave

9

Harlan Elementary School

Public Magnet EE-5

2.2 mi

3595 N Adams Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $71,951. Residents of Birmingham, MI typically earn between $35k-100k each year. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

27%
<35k
34%
35k-100k
16%
100k-200k
23%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

63%
Single, No Kids
4%
Single, with Kids
21%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
6%
12-17 yrs old
12%
18-34 yrs old
42%
35-64 yrs old
30%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • Men's TennisMen's Tennis
  • SoccerSoccer

Where do the neighbors shop?

  • NordstromNordstrom
  • BloomingdalesBloomingdales
  • The Container StoreThe Container Store

Where do the neighbors go to eat?

  • California Pizza KitchenCalifornia Pizza Kitchen
  • Bonefish GrillBonefish Grill
  • StarbucksStarbucks

What do the neighbors drive?

  • BMWBMW
  • LexusLexus
  • CadillacCadillac

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • NewsNews
  • AlternativeAlternative
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 722 Wallace St

The listing price of 722 Wallace St property is $1,875,000.

The property 722 Wallace St is a house located in Birmingham, Michigan, 48009.

Accepting Backup Offers: 722 Wallace St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

The nearby schools for 722 Wallace St are: Greenfield Elementary School (GreatSchools Rating 8/10), Alfred E. Upton Elementary School (GreatSchools Rating 6/10), Harlan Elementary School (GreatSchools Rating 9/10), Derby Middle School (GreatSchools Rating 9/10), Birmingham Covington School (GreatSchools Rating 10/10), Berkshire Middle School (GreatSchools Rating 6/10), Ernest W. Seaholm High School (GreatSchools Rating 9/10), Wylie E. Groves High School (GreatSchools Rating 8/10), University High School Academy (GreatSchools Rating 10/10).

According to the records, the last property tax for 2024 is $23,289 (source: MLS/based on county public records data).

The last sale was on August 28, 2020 for $998,153 (source: MLS/tax record).

The property at 722 Wallace St has 3 bedrooms and 4 full and 1 half bathrooms.

The property 722 Wallace St is 5,026 SqFt (source: MLS/tax record).

The year of construction for 722 Wallace St is 1997.

This home is located at 722 Wallace St in Birmingham, MI and zip code 48009. This 5,026 square foot home, which was built in 1997, sits on a 0.33 acre lot. Features: 3 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since January 22, 2025 and is currently priced at $1,875,000.

In April 2025, from all listings sold in Birmingham, MI there were more than 9 sold above asking price, over 18 sold below and more than 5 were sold right at the asked price. Between March and April 2025, Birmingham, MI real estate market has seen increase in the number of listings by 25.6%. The median list price of listings available in April 2025 was $850,000, while the average time on the real estate market was 27 days.

From Rocket Homes Real Estate and based on county public records data.

More resources