NOT LISTED FOR SALE

1018 Granger Ave Ann Arbor, MI 48104

Lower Burns Park Neighborhood

Estimated Value: $812,000 - $1,022,000

-- Bed
4 Baths
-- Sq Ft
1922 Built

Last Sold January 29, 2014

Last sale price $470,000

Est. 96% increase in value since last sale

Current estimated payment $5,885/month

69 Days on Market

Highlights

  • Central Air
  • Laundry Facilities
  • 4-minute walk to Graydon Park
  • Burns Park Elementary School Rated A

About This Home

As of January 2014

This home is located at 1018 Granger Ave, Ann Arbor, MI 48104 since 12 November 2013 and is currently estimated at $922,017. This property was built in 1922. 1018 Granger 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

Stephanie Savarino

Savarino Properties Inc License #6502112383 Listed on: 11/12/2013

Co-Listed By

John Wade

Savarino Properties Inc License #6506029391

Last Buyer's Agent

James Giacalone

National Realty Centers License #6501303551

National Realty Centers

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,712

Year Built

  • Built in 1922

Schools

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

Additional Features

  • Basement Fills Entire Space Under The House
  • Central Air

Listing and Financial Details

  • Tenant pays for electric, water

Community Details

Amenities

  • Laundry Facilities

Building Details

  • Insurance Expense $100
  • Gross Income $42,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,712

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • Year Built: 1922
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:Basement: Yes
  • Tax Info:Zoning3: R2A
  • General Property Info:Total _pound_ Units: 1
  • Air Conditioning:Central Air: Yes
  • Substructure:Full: 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
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Block
  • List Price: 479000.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Schools

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

Lot Info

  • Zoning Description: R2A

Rental Info

  • Tenant Pays: Electric, Water

Multi Family

  • Gross Income: 42900.0
  • Insurance Expense: 100.0
  • Number of Units Total: 1

Tax Info

  • Tax Annual Amount: 9711.79
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2022
Sold by
Lynn Emadi and Lynn Stacy
Bought by
Emadi Shervin and Emadi Stacy Lynn
Current Estimated Value
$922,017

Purchase Details

Listed on
Nov 12, 2013
Closed on
Jan 28, 2014
Sold by
Ann Arbor Rental Homes Llc
Bought by
Emadi Shervin and Emadi Stacy L
Seller's Agent
Stephanie Savarino
Savarino Properties Inc
Buyer's Agent
James Giacalone
National Realty Centers
List Price
$449,900
Sold Price
$470,000
Premium/Discount to List
$20,100
4.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.79%

Purchase Details

Closed on
Jan 3, 2007
Sold by
Hiller Linda L
Bought by
Ann Arbor Rental Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.75%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Emadi Shervin -- None Listed On Document
Emadi Shervin $470,000 None Available
Ann Arbor Rental Homes Llc $250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ann Arbor Rental Homes Llc $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2014 01/29/14 Sold $470,000 +4.5% --
01/20/2014 01/20/14 Pending -- -- --
11/12/2013 11/12/13 For Sale $449,900 -- --
Source: MichRIC

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 $13,330 $319,700 $0 $0
2024 $12,965 $299,500 $0 $0
2023 $11,971 $277,300 $0 $0
2022 $14,489 $239,600 $0 $0
2021 $14,080 $254,700 $0 $0
2020 $13,637 $249,400 $0 $0
2019 $13,008 $236,900 $236,900 $0
2018 $12,762 $220,400 $0 $0
2017 $12,311 $226,900 $0 $0
2016 $11,996 $193,879 $0 $0
2015 $10,120 $193,300 $0 $0
2014 $10,120 $164,744 $0 $0
2013 -- $164,744 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Savarino

    Seller's Agent in 2014

    Stephanie Savarino

    Savarino Properties Inc

    (734) 994-6050

    1 in this area

    47 Total Sales

    Stephanie Savarino
    Section Image

  • J

    Seller Co-Listing Agent in 2014

    John Wade

    Savarino Properties Inc

    (734) 320-6543

    3 in this area

    7 Total Sales

    John Wade
    Section Image
  • James Giacalone

    Buyer's Agent in 2014

    James Giacalone

    National Realty Centers

    (734) 395-6533

    46 Total Sales

    James Giacalone
    Section Image
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Map

Source: MichRIC

MLS Number: 17753

MichRIC

APN: 09-33-330-002

Michigan Washtenaw County Ann Arbor 48104 Lower Burns Park

1018 Granger Ave, Ann Arbor, MI

Not Listed for Sale

MultiFamily

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