NOT LISTED FOR SALE

1016 Michigan Ave Ann Arbor, MI 48104

East Packard Neighborhood

Estimated Value: $874,903 - $946,000

-- Bed
4 Baths
-- Sq Ft
6,621 Sq Ft Lot

Last Sold October 31, 2017

Last sale price $645,000

Est. 41% increase in value since last sale

Current estimated payment $6,650/month

78 Days on Market

Highlights

  • Central Air
  • Laundry Facilities
  • Wood Siding
  • Burns Park Elementary School Rated A
  • Community Storage Space
  • 5-minute walk to Forsythe Park

About This Home

As of October 2017

This home is located at 1016 Michigan Ave, Ann Arbor, MI 48104 since 14 August 2017 and is currently estimated at $908,976. This property was built in 1910. 1016 Michigan 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

Chris Vessels

Metro Property Services License #6501392137 Listed on: 08/14/2017

Last Buyer's Agent

No Member

Non Member Sales

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,823

Year Built

  • Built in 1910

Lot Details

  • 6,621 Sq Ft Lot
  • Lot Dimensions are 50x132

Parking

  • 6 Parking Spaces

Home Design

  • Wood Siding

Schools

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

Utilities

  • Central Air

Additional Features

  • Basement

Listing and Financial Details

  • Tenant pays for electric, water

Community Details

Amenities

  • Laundry Facilities
  • Community Storage Space

Additional Features

  • Property has a Home Owners Association
  • Gross Income $64,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,823

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1910
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:Lot Dimensions: 50x132
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 10823.0
  • Tax Info:Zoning3: R2A
  • General Property Info:Total _pound_ Units: 1
  • Air Conditioning:Central Air: Yes
  • Extras:Laundry Facility: Yes
  • General Property Info Elementary School2: Burns Park
  • General Property Info High School: Huron
  • General Property Info Middle School2: Tappan
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 670000.0
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association Amenities: Storage
  • Association: Yes

Association/Amenities

  • Assoc Amenities:Storage: Yes

Schools

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

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Dimensions: 50x132
  • Lot Size Sq Ft: 6621.0
  • Zoning Description: R2A
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electric, Water

Multi Family

  • Gross Income: 64800.0
  • Number of Units Total: 1

Tax Info

  • Tax Annual Amount: 10823.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2017
Closed on
Oct 31, 2017
Sold by
Alawi Zaki
Bought by
Flmp Llc
Seller's Agent
Chris Vessels
Metro Property Services
Buyer's Agent
No Member
Non Member Sales
List Price
$670,000
Sold Price
$645,000
Premium/Discount to List
-$25,000
-3.73%
Current Estimated Value
$908,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,976
Avg. Annual Appreciation
4.42%
Original Mortgage
$516,000
Outstanding Balance
$432,155
Interest Rate
3.83%
Mortgage Type
Unknown
Estimated Equity
$476,821

Purchase Details

Closed on
Feb 17, 1999
Sold by
Williams Kathryn Louise
Bought by
Alawi Zaki
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Flmp Llc -- Devon Title Agency
Alawi Zaki $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flmp Llc $516,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2017 10/31/17 Sold $645,000 -3.7% --
10/31/2017 10/31/17 Pending -- -- --
08/14/2017 08/14/17 For Sale $670,000 -- --
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 $21,745 $389,800 $0 $0
2024 $18,269 $354,500 $0 $0
2023 $16,870 $323,000 $0 $0
2022 $20,776 $318,800 $0 $0
2021 $20,180 $303,500 $0 $0
2020 $19,545 $298,700 $0 $0
2019 $18,994 $293,400 $293,400 $0
2018 $18,338 $287,000 $0 $0
2017 $11,108 $254,800 $0 $0
2016 $10,824 $174,929 $0 $0
2015 $10,379 $174,406 $0 $0
2014 $10,379 $166,989 $0 $0
2013 -- $166,989 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Vessels

    Seller's Agent in 2017

    Chris Vessels

    Metro Property Services

    (734) 649-2409

    2 in this area

    21 Total Sales

    Chris Vessels
    Section Image

  • N

    Buyer's Agent in 2017

    No Member

    Non Member Sales

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23062893

Southwestern Michigan Association of REALTORS®

APN: 09-33-233-014

Michigan Washtenaw County Ann Arbor 48104 East Packard

1016 Michigan Ave, Ann Arbor, MI

This home is located at 1016 Michigan Ave, Ann Arbor, MI 48104 since 14 August 2017 and is currently estimated at $908,976. This property was built in 1910. 1016 Michigan 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.
Copyright 2025 MichRIC, LLC. All rights reserved.

Nearby Homes