NOT LISTED FOR SALE

1035 N Main St Ann Arbor, MI 48104

Water Hill Neighborhood

Estimated Value: $436,731 - $697,000

3 Beds
2 Baths
-- Sq Ft
3,049 Sq Ft Lot

Last Sold September 01, 2022

Last sale price $1,425,000

Current estimated payment $3,552/month

108 Days on Market

Highlights

  • Water Views
  • Central Air
  • Community Storage Space
  • Wines Elementary School Rated A
  • Laundry Facilities
  • Wood Siding

About This Home

As of September 2022

This home is located at 1035 N Main St, Ann Arbor, MI 48104 since 16 May 2022 and is currently estimated at $567,683. This property was built in 1931. 1035 N Main St is a home located in Washtenaw County with nearby schools including Wines Elementary School, Forsythe Middle School, and Skyline High School.

Last Agent to Sell the Property

Chris Vessels

Metro Property Services License #6501392137 Listed on: 05/16/2022

Last Buyer's Agent

Jessy Glassel

The Charles Reinhart Company License #6501377281

The Charles Reinhart Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,231

Year Built

  • Built in 1931

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 281x98

Parking

  • 12 Parking Spaces

Home Design

  • Wood Siding

Schools

  • Wines Elementary School
  • Forsythe Middle School
  • Skyline High School

Utilities

  • Central Air
  • Cable TV Available

Additional Features

  • Water Views
  • Michigan Basement

Listing and Financial Details

  • Tenant pays for electric, water

Community Details

Overview

  • Property has a Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities
  • Community Storage Space

Building Details

  • Insurance Expense $27,540
  • Gross Income $115,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,231

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1931
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding, Block
  • List Price: 1425000.0

Garage/Parking

  • Total Parking Spaces: 12.0
  • General Property Info:Total Parking Spaces: 12.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association Amenities: Cable TV, Storage
  • Association: Yes

Association/Amenities

  • Water Fea Amenities:View: Yes
  • Assoc Amenities:Cable TV: Yes
  • Assoc Amenities:Storage: Yes

Schools

  • Elementary School: Wines
  • High School: Skyline
  • Middle/Junior School: Forsythe

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Dimensions: 281x98
  • Lot Size Sq Ft: 3049.0
  • Zoning Description: R4C
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electric, Water

Multi Family

  • Gross Income: 115200.0
  • Insurance Expense: 27540.0
  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 5231.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2022
Sold by
Wang Wei
Bought by
Gk1035 Llc
Total Days on Market
108
Current Estimated Value
$567,683

Purchase Details

Listed on
May 16, 2022
Closed on
Aug 31, 2022
Sold by
1035 N Main Llc
Bought by
Wang Wei
Seller's Agent
Chris Vessels
Metro Property Services
Buyer's Agent
Jessy Glassel
The Charles Reinhart Company
List Price
$1,425,000
Sold Price
$1,425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.30%
Original Mortgage
$253,000
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2022
Sold by
Zaki Alawi
Bought by
1035 N Main Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,500,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2016
Sold by
Larosa Mary Lou
Bought by
Vigo Joseph G and Vigo Ruth Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.79%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 25, 2016
Sold by
Defilippui Brodget J
Bought by
Np

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.79%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 20, 2014
Sold by
Larosa Vincent L and Larosa Benedict
Bought by
Vigo Joseph G and Vigo Ruth Ann

Purchase Details

Closed on
Jan 22, 2009
Sold by
Larosa Vincent
Bought by
Doyle Rosaria
Source: Public Records

Range of Values:

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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
Gk1035 Llc -- --
Wang Wei -- Devon Title Agency
1035 N Main Llc -- Devon Title Agency
Vigo Joseph G -- Liberty Title
Np -- Liberty Title
Vigo Joseph G -- Liberty Title
Vigo Joseph G $40,000 None Available
Doyle Rosaria -- None Available
Larosa Benedict -- None Available
Larosa Vincent L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wang Wei $253,000
Previous Owner 1315 Cambridge Road Llc $13,500,000
Previous Owner 1035 N Main Llc $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2022 09/01/22 Sold $1,425,000 0.0% --
09/01/2022 09/01/22 Pending -- -- --
05/16/2022 05/16/22 For Sale $1,425,000 -- --
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
2024 $4,816 $103,600 $0 $0
2023 $4,447 $90,300 $0 $0
2022 $5,383 $94,300 $0 $0
2021 $5,231 $94,900 $0 $0
2020 $5,066 $91,000 $0 $0
2019 $4,833 $79,200 $79,200 $0
2018 $4,567 $74,100 $0 $0
2017 $4,405 $70,000 $0 $0
2016 $3,187 $64,492 $0 $0
2015 $3,520 $64,300 $0 $0
2014 $3,520 $57,300 $0 $0
2013 -- $57,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Vessels

    Seller's Agent in 2022

    Chris Vessels

    Metro Property Services

    (734) 649-2409

    2 in this area

    21 Total Sales

    Chris Vessels
    Section Image
  • Jessy Glassel

    Buyer's Agent in 2022

    Jessy Glassel

    The Charles Reinhart Company

    (734) 883-3050

    1 in this area

    132 Total Sales

    Jessy Glassel
    Section Image
  • Kirk Glassel

    Buyer Co-Listing Agent in 2022

    Kirk Glassel

    The Charles Reinhart Company

    (517) 812-7038

    1 in this area

    198 Total Sales

    Kirk Glassel
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20095

Southwestern Michigan Association of REALTORS®

APN: 09-20-404-008

Michigan Washtenaw County Ann Arbor 48103 Water Hill

1035 N Main St, Ann Arbor, MI

This home is located at 1035 N Main St, Ann Arbor, MI 48104 since 16 May 2022 and is currently estimated at $567,683. This property was built in 1931. 1035 N Main St is a home located in Washtenaw County with nearby schools including Wines Elementary School, Forsythe Middle School, and Skyline 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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