NOT LISTED FOR SALE

Estimated Value: $665,000 - $821,000

4 Beds
3 Baths
1,680 Sq Ft
$437/Sq Ft Est. Value

Last Sold September 01, 2016

Last sale price $386,000 $230 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $5,337/month

61 Days on Market

Highlights

  • Covered patio or porch
  • Balcony
  • Hot Water Heating System
  • Burns Park Elementary School Rated A
  • Ceiling Fan
  • 3 Car Garage

About This Home

As of September 2016

Prime U of M income property, located in lovely Burns Park neighborhood. Meticulously maintained 3 unit home is a 10 minute walk to U of M campus/5 minute walk to Athletic campus. This property has a strong rental history and all units have current tenants. Features include 2, 1 bedroom units and 1, 2 bedroom unit, a two car garage, three designated parking spaces, and common laundry facility in basement. LL unit is a cozy one BR, with kitchen, LR & bath. Daylight windows and outside access enhance this cute apartment which has also been tested negative for Radon and has had footing drains replaced by 'Affordable Dry'. 1st floor unit features 2 BR, LR, kitchen, bath and covered front porch (accessible to all tenants.) 2nd floor unit features 1 BR, LR, DR, kitchen, bath and private balcony. The home features 'James Hardy' siding, copper plumbing, new furnace 2008, ceiling fans, well insulated and hardwood floors. Up to date C/O.
PLEASE DO NOT DISTURB TENANTS!

Last Agent to Sell the Property

Paulette Alonso

Temporary Inactive Users License #6501385363 Listed on: 06/17/2016

Last Buyer's Agent

Paulette Alonso

Temporary Inactive Users License #RCO

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1928

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132
  • Private Entrance
  • Fenced

Home Design

  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 3 Full Bathrooms
  • 1,680 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Partially Finished Basement

  • Walk-Out Basement
  • Natural lighting in basement

Parking

  • 3 Car Garage
  • On-Street Parking
  • Unassigned Parking

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Exterior Lighting

Utilities

  • Window Unit Cooling System
  • Back Up Electric Heat Pump System
  • Hot Water Heating System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Separate Meters
  • Separate Water Meter
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 090933302011

Community Details

Overview

  • 3 Units
  • Hamilton Rose & Sheehan Add Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,061

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1928
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Laundry Facility
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Daylight, Partially Finished, Walkout Access
  • Sq Ft Combined: 2095
  • Sq Ft Lower Floor: 415
  • Total Sq Ft: 1680
  • Sq Ft Total Bsmt: 840

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Composition, Wood
  • Exterior Features: Fenced, Lighting, Private Entry
  • Foundation Materials: Block
  • Porch Type: Balcony, Porch - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • MF Parking: Garages, On Street, Unassigned/General
  • Total Parking Spaces: 3

Utilities

  • Heating Fuel: Electric, Natural Gas
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Heating: Hot Water, Separate Meters, Steam
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas, Separate Meters
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Ann Arbor

Lot Info

  • List Price per Acre: 2125000.0000
  • Lot Size Area: 0.20
  • Lot Dimensions: 66X132
  • Parcel Number: 090933302011
  • Zone Conform: Yes
  • Zoning: Residential

Rental Info

  • Rent Includes: Heat, Water/Sewer
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 2600

Tax Info

  • Tax Amount Summer: 5593.0000
  • Tax Amount Winter: 1468.0000
  • Total Tax: 7061.0000

Multi Family

  • Gross Scheduled Income: 31200.00
  • Number Of Units Total: 3
  • Number of One Bedroom Units: 2
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 3

MLS Schools

  • School District: Ann Arbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2025
Sold by
Dastmalchi Nas and Kamarhie Fatemeh
Bought by
Yekta Llc
Current Estimated Value
$733,784

Purchase Details

Listed on
Jun 17, 2016
Closed on
Sep 1, 2016
Sold by
Rohloff Bradley N and Rohloff Deann M
Bought by
Dastmalachi Nas
Seller's Agent
Paulette Alonso
Temporary Inactive Users
Buyer's Agent
Paulette Alonso
Temporary Inactive Users
List Price
$450,000
Sold Price
$386,000
Premium/Discount to List
-$64,000
-14.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.40%
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
Yekta Llc -- None Listed On Document
Dastmalachi Nas $386,000 Title Solutions Agency Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2016 09/01/16 Sold $386,000 -14.2% $230 / Sq Ft
08/17/2016 08/17/16 Pending -- -- --
06/17/2016 06/17/16 For Sale $450,000 -- $268 / Sq Ft
Source: Realcomp

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 $15,311 $286,500 $0 $0
2024 $12,864 $265,300 $0 $0
2023 $11,878 $249,700 $0 $0
2022 $14,377 $216,600 $0 $0
2021 $14,804 $236,900 $0 $0
2020 $14,338 $232,900 $0 $0
2019 $13,677 $219,800 $219,800 $0
2018 $13,418 $210,000 $0 $0
2017 $13,090 $208,000 $0 $0
2016 $7,237 $116,968 $0 $0
2015 $6,940 $116,619 $0 $0
2014 $6,940 $112,976 $0 $0
2013 -- $112,976 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216058014

Realcomp

APN: 09-33-302-011