NOT LISTED FOR SALE

1036 S Main St Ann Arbor, MI 48104

Allmendinger Neighborhood

Estimated Value: $4,785,992

-- Bed
1 Bath
12,778 Sq Ft
$375/Sq Ft Est. Value

Last Sold February 06, 2015

Last sale price $2,575,000 $202 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $31,724/month

1 Day on Market

About This Home

As of February 2015

This home is located at 1036 S Main St, Ann Arbor, MI 48104 since 05 February 2015 and is currently estimated at $4,785,992, approximately $374 per square foot. This property was built in 1963. 1036 S Main St is a home located in Washtenaw County with nearby schools including Bach Elementary School, Slauson Middle School, and Pioneer High School.

Last Agent to Sell the Property

Max Cope

Keller Williams Ann Arbor Mrkt License #6501375790 Listed on: 02/05/2015

Last Buyer's Agent

Jon Keller

J Keller Properties, LLC License #6502370935

J Keller Properties, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $32,759

Year Built

  • Built in 1963

Lot Details

  • 0.59

Additional Features

  • 0.59 Acre Lot
  • Central Air

Community Details

  • 25 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$32,759

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Block
  • List Price: 2575000.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Lot Size Acres: 0.59
  • Lot Size Area: 0.59
  • Lot Size Sq Ft: 25613.0
  • Zoning Description: O
  • ResoLotSizeUnits: Acres

Multi Family

  • Number of Units Total: 25

Tax Info

  • Tax Annual Amount: 32758.72
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2015
Closed on
Feb 6, 2015
Sold by
Iroquois Associates
Bought by
Cabrio On Main Llc
Seller's Agent
Max Cope
Keller Williams Ann Arbor Mrkt
Buyer's Agent
Jon Keller
J Keller Properties, LLC
List Price
$2,575,000
Sold Price
$2,575,000
Total Days on Market
1
Current Estimated Value
$4,785,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,210,992
Avg. Annual Appreciation
6.18%
Original Mortgage
$1,935,000
Outstanding Balance
$1,509,885
Interest Rate
3.72%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$3,276,107
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
Cabrio On Main Llc $2,575,000 Liberty Title
Iroquois Associates -- Liberty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cabrio On Main Llc $1,935,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2015 02/06/15 Sold $2,575,000 0.0% $202 / Sq Ft
02/06/2015 02/06/15 Pending -- -- --
02/05/2015 02/05/15 For Sale $2,575,000 -- $202 / Sq Ft
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 $59,516 $1,435,700 $0 $0
2023 $54,956 $1,400,200 $0 $0
2022 $66,514 $1,280,300 $0 $0
2021 $64,636 $1,186,600 $0 $0
2020 $62,601 $1,171,200 $0 $0
2019 $59,713 $1,100,600 $1,100,600 $0
2018 $58,585 $1,020,700 $0 $0
2017 $56,516 $954,000 $0 $0
2016 $55,069 $890,000 $0 $0
2015 $32,758 $550,445 $0 $0
2014 $32,758 $533,246 $0 $0
2013 -- $533,246 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Max Cope

    Keller Williams Ann Arbor Mrkt

  • Jon Keller

    Buyer's Agent in 2015

    Jon Keller

    J Keller Properties, LLC

    (734) 323-1072

    77 Total Sales

    Jon Keller
    Section Image

  • B

    Buyer Co-Listing Agent in 2015

    Bennett Borsuk

    Cabrio Group LLC

    (248) 613-1637

    7 Total Sales

    Bennett Borsuk
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17782

Southwestern Michigan Association of REALTORS®

APN: 09-32-230-024

Michigan Washtenaw County Ann Arbor 48103 Allmendinger

1036 S Main St, Ann Arbor, MI

This home is located at 1036 S Main St, Ann Arbor, MI 48104 since 05 February 2015 and is currently estimated at $4,785,992, approximately $374 per square foot. This property was built in 1963. 1036 S Main St is a home located in Washtenaw County with nearby schools including Bach Elementary School, Slauson 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.
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