NOT LISTED FOR SALE

1001 Oakland Ave Ann Arbor, MI 48104

Estimated Value: $1,574,000 - $1,869,711

4 Beds
6 Baths
-- Sq Ft
0.31 Acres

Last Sold September 04, 2020

Last sale price $1,650,000

Est. 5% increase in value since last sale

Current estimated payment $11,013/month

11 Days on Market

Highlights

  • Laundry Facilities
  • Burns Park Elementary School Rated A
  • 5-minute walk to Forsythe Park

About This Home

As of September 2020

This home is located at 1001 Oakland Ave, Ann Arbor, MI 48104 since 17 August 2020 and is currently estimated at $1,733,570. This property was built in 1915. 1001 Oakland Ave is a home located in Washtenaw County with nearby schools including Burns Park Elementary School, Tappan Middle School, and Pioneer High School.

Last Agent to Sell the Property

Martin Bouma

Keller Williams Ann Arbor Mrkt License #6501205750 Listed on: 08/17/2020

Keller Williams Ann Arbor Mrkt

Last Buyer's Agent

Martin Bouma

Keller Williams Ann Arbor Mrkt License #6501205750 Listed on: 08/17/2020

Keller Williams Ann Arbor Mrkt

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,764

Year Built

  • Built in 1915

Lot Details

  • 0.31

Parking

  • 11 Parking Spaces

Schools

  • Burns Park Elementary School
  • Tappan Middle School
  • Pioneer High School

Additional Features

  • Basement Fills Entire Space Under The House
  • 0.31 Acre Lot
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric

Community Details

Overview

  • Property has a Home Owners Association
  • 5 Units
  • Tappan Park Subdivision

Additional Features

  • Laundry Facilities
  • Gross Income $122,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,764

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • Year Built: 1915
  • Location Property Info:Property Sub-Type: 5+ Units
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 8764.0
  • Tax Info:Zoning3: R4C
  • General Property Info:Total _pound_ Units: 5
  • Substructure:Full: Yes
  • Location Property Info:Subdivision2: Tappan Park
  • Extras:Laundry Facility: Yes
  • General Property Info Elementary School2: Burns Park
  • General Property Info High School: Pioneer
  • General Property Info Middle School2: Tappan
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Other
  • List Price: 1400000.0

Garage/Parking

  • Total Parking Spaces: 11.0
  • General Property Info:Total Parking Spaces: 11.0

Condo/Co-op/Association

  • Association Amenities: Cable TV
  • Association: Yes

Association/Amenities

  • Assoc Amenities:Cable TV: Yes

Schools

  • Elementary School: Burns Park
  • High School: Pioneer
  • Middle/Junior School: Tappan

Lot Info

  • Lot Size Acres: 0.31
  • Lot Size Area: 0.31
  • Lot Size Sq Ft: 13504.0
  • Zoning Description: R4C
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electric

Multi Family

  • Gross Income: 122100.0
  • Number of Units Total: 5

Tax Info

  • Tax Annual Amount: 8764.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2020
Closed on
Sep 4, 2020
Sold by
Neurology Ann Arbor and Judge Frank P
Bought by
Chau May
Seller's Agent
Martin Bouma
Keller Williams Ann Arbor Mrkt
Buyer's Agent
Martin Bouma
Keller Williams Ann Arbor Mrkt
List Price
$1,400,000
Sold Price
$1,650,000
Premium/Discount to List
$250,000
17.86%
Current Estimated Value
$1,733,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,570
Avg. Annual Appreciation
0.45%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chau May $1,650,000 State Sueet Title Agency Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2020 09/04/20 Sold $1,650,000 +17.9% --
08/28/2020 08/28/20 Pending -- -- --
08/17/2020 08/17/20 For Sale $1,400,000 -- --
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $19,685 $354,800 $0 $0
2024 $16,539 $333,300 $0 $0
2023 $15,272 $292,400 $0 $0
2022 $22,348 $336,700 $0 $0
2021 $22,840 $342,800 $0 $0
2020 $8,914 $331,500 $0 $0
2019 $8,503 $331,900 $331,900 $0
2018 $8,342 $311,500 $0 $0
2017 $8,048 $277,900 $0 $0
2016 $7,842 $126,734 $0 $0
2015 $7,520 $126,355 $0 $0
2014 $7,520 $122,408 $0 $0
2013 -- $122,408 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Martin Bouma

    Seller's Agent in 2020

    Martin Bouma

    Keller Williams Ann Arbor Mrkt

    (734) 761-3060

    776 Total Sales

    Martin Bouma
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19908

Southwestern Michigan Association of REALTORS®

APN: 09-33-205-016

Michigan Washtenaw County Ann Arbor 48104

1001 Oakland Ave, Ann Arbor, MI

This home is located at 1001 Oakland Ave, Ann Arbor, MI 48104 since 17 August 2020 and is currently estimated at $1,733,570. This property was built in 1915. 1001 Oakland Ave is a home located in Washtenaw County with nearby schools including Burns Park Elementary School, Tappan Middle School, and Pioneer High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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