NOT LISTED FOR SALE

Estimated Value: $739,000 - $1,055,000

-- Bed
4 Baths
-- Sq Ft
3,877 Sq Ft Lot

Last Sold July 31, 2017

Last sale price $689,000

Est. 26% increase in value since last sale

Current estimated payment $5,702/month

48 Days on Market

Highlights

  • Laundry Facilities
  • Wood Siding
  • 3-minute walk to Forsythe Park
  • Burns Park Elementary School Rated A

About This Home

As of July 2017

This home is located at 1006 Packard St, Ann Arbor, MI 48104 since 22 May 2017 and is currently estimated at $867,529. This property was built in 1925. 1006 Packard St 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

John Wade

Savarino Properties Inc License #6506029391 Listed on: 05/22/2017

Last Buyer's Agent

Ariel Hurwitz-Greene

@properties Christie's Int'lAA License #6506048591

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,758

Year Built

  • Built in 1925

Lot Details

  • 3,877 Sq Ft Lot
  • Lot Dimensions are 82 x 47.5

Parking

  • 4 Parking Spaces

Home Design

  • Slab Foundation
  • Wood Siding

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

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

Community Details

  • 3 Units
  • Laundry Facilities
  • Gross Income $64,020

Listing and Financial Details

  • Tenant pays for electric, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,758

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1925
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 82 x 47.5
  • General Property Info:Basement: Yes
  • Tax Info:Zoning3: R4C
  • General Property Info:Total _pound_ Units: 3
  • Substructure:Full: Yes
  • Substructure:Slab: Yes
  • Extras:Laundry Facility: Yes
  • General Property Info Elementary School2: Burns Park Elementary School
  • General Property Info High School: Pioneer High School
  • General Property Info Middle School2: Tappan Middle School
  • Substructure Walk-Out Access2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Slab, Walk-Out Access
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 689000.0
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Schools

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

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Dimensions: 82 x 47.5
  • Lot Size Sq Ft: 3877.0
  • Zoning Description: R4C

Rental Info

  • Tenant Pays: Electric, Water

Multi Family

  • Gross Income: 64020.0
  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 10758.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2021
Sold by
Raval Tarun
Bought by
1006 Packard St Llc
Current Estimated Value
$867,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,000
Outstanding Balance
$255,891
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$611,638

Purchase Details

Closed on
Oct 13, 2021
Sold by
1006 Packard St Llc
Bought by
Raval Tarun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,000
Outstanding Balance
$255,891
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$611,638

Purchase Details

Listed on
May 22, 2017
Closed on
Aug 4, 2017
Sold by
Raval Tarun
Bought by
1006 Packard St Llc
Seller's Agent
John Wade
Savarino Properties Inc
Buyer's Agent
Ariel Hurwitz-Greene
@properties Christie's Int'lAA
List Price
$689,000
Sold Price
$689,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.75%
Original Mortgage
$424,100
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 22, 2017
Closed on
Jul 28, 2017
Sold by
Dune Properties Lllc
Bought by
Raval Taruna
Seller's Agent
John Wade
Savarino Properties Inc
Buyer's Agent
Ariel Hurwitz-Greene
@properties Christie's Int'lAA
List Price
$689,000
Sold Price
$689,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,100
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2013
Sold by
Learman Stanley J
Bought by
Dune Properties Llc

Purchase Details

Closed on
Oct 21, 2013
Sold by
Dune Properties Llc
Bought by
Learman Stanley J

Purchase Details

Closed on
Aug 17, 2011
Sold by
Learman Stanley J
Bought by
Dune Properties Llc

Purchase Details

Closed on
Apr 15, 2011
Sold by
Blanton Jeffrey T
Bought by
Learman Stanley J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,293
Interest Rate
4.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2011
Sold by
Blanton Jennifer Lynn
Bought by
Blanton Jeffrey T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,293
Interest Rate
4.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2006
Sold by
Jones Daniel R and Jones Tracy L
Bought by
Blanton Jeffrey T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
6.78%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 8, 2005
Sold by
Foss Merle L and Foss Peggy J
Bought by
Jones Daniel R and Jones Tracy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,430
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
1006 Packard St Llc -- Addison Title Services
Raval Tarun -- Addison Title Services
1006 Packard St Llc -- None Available
Raval Taruna $689,000 None Available
Dune Properties Llc -- None Available
Learman Stanley J -- None Available
Dune Properties Llc -- None Available
Learman Stanley J $335,000 Cis
Blanton Jeffrey T -- None Available
Blanton Jeffrey T $415,000 Mst
Jones Daniel R -- --
Foss Merle L -- Main Street Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raval Tarun $333,000
Previous Owner Raval Taruna $424,100
Previous Owner Learman Stanley J $250,293
Previous Owner Blanton Jeffrey T $384,000
Previous Owner Jones Daniel R $276,430
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2017 07/31/17 Sold $689,000 0.0% --
07/09/2017 07/09/17 Pending -- -- --
05/22/2017 05/22/17 For Sale $689,000 -- --
Source: MichRIC

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 $14,306 $260,300 $0 $0
2024 $6,000 $245,900 $0 $0
2023 $11,099 $212,500 $0 $0
2022 $16,361 $246,500 $0 $0
2021 $16,181 $248,400 $0 $0
2020 $16,596 $239,500 $0 $0
2019 $15,161 $245,700 $245,700 $0
2018 $14,875 $232,800 $0 $0
2017 $11,041 $210,900 $0 $0
2016 $10,758 $173,871 $0 $0
2015 $10,316 $173,351 $0 $0
2014 $10,316 $167,936 $0 $0
2013 -- $167,936 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 23062885

MichRIC

APN: 09-33-217-012