NOT LISTED FOR SALE

111 N 7th St Ann Arbor, MI 48103

Arborview Neighborhood

Estimated Value: $529,680 - $575,000

2 Beds
3 Baths
-- Sq Ft
2,657 Sq Ft Lot

Last Sold November 30, 2020

Last sale price $395,000

Est. 39% increase in value since last sale

Current estimated payment $3,986/month

50 Days on Market

About This Home

As of November 2020

This home is located at 111 N 7th St, Ann Arbor, MI 48103 since 01 October 2020 and is currently estimated at $548,670. This property was built in 1901. 111 N 7th St is a home located in Washtenaw County with nearby schools including Bach Elementary School, Slauson Middle School, and Skyline High School.

Last Agent to Sell the Property

Michael Price

Key Realty One LLC License #6501273091 Listed on: 10/01/2020

Key Realty One LLC

Last Buyer's Agent

No Member

Non Member Sales

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,015

Year Built

  • Built in 1901

Lot Details

  • 2,657 Sq Ft Lot
  • Lot Dimensions are 32 x 83

Parking

  • 2 Parking Spaces

Schools

  • Bach Elementary School
  • Slauson Middle School
  • Pioneer High School

Utilities

  • Cable TV Available

Additional Features

  • Basement

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units

Amenities

  • Community Storage Space

Building Details

  • Insurance Expense $14,792
  • Gross Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,015

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1901
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:Lot Dimensions: 32 x 83
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 9015.0
  • Tax Info:Zoning3: R4C
  • General Property Info:Total _pound_ Units: 2
  • General Property Info Elementary School2: Bach
  • General Property Info High School: Pioneer
  • General Property Info Middle School2: Slauson
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes

Exterior Features

  • Construction Materials: Other
  • List Price: 395000.0

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Condo/Co-op/Association

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

Association/Amenities

  • Assoc Amenities:Cable TV: Yes
  • Assoc Amenities:Storage: Yes

Schools

  • Elementary School: Bach
  • High School: Pioneer
  • Middle/Junior School: Slauson

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Dimensions: 32 x 83
  • Lot Size Sq Ft: 2657.0
  • Zoning Description: R4C
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 36000.0
  • Insurance Expense: 14792.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 9015.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2020
Closed on
Nov 20, 2020
Sold by
Ersoy Edward E
Bought by
Trinh Sarah Lam
Seller's Agent
Michael Price
Key Realty One LLC
Buyer's Agent
No Member
Non Member Sales
List Price
$395,000
Sold Price
$395,000
Current Estimated Value
$548,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,670
Avg. Annual Appreciation
6.97%
Original Mortgage
$316,000
Outstanding Balance
$283,749
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$259,512

Purchase Details

Listed on
Nov 7, 2018
Closed on
Jan 11, 2019
Sold by
Briceno Carlos M and Briceno Mariolga B
Bought by
Ersoy Edward E
Seller's Agent
James Giacalone
RE/MAX Platinum
Buyer's Agent
Michael Price
Key Realty One LLC
List Price
$349,900
Sold Price
$345,000
Premium/Discount to List
-$4,900
-1.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.42%
Original Mortgage
$338,751
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 19, 2014
Closed on
Oct 31, 2014
Sold by
Kohn Leslie and Weiss Kohn Helene
Bought by
Briceno Carlos M and Briceno Mariolga
Seller's Agent
Suzanne Betz
Real Estate One Inc
Buyer's Agent
James Giacalone
RE/MAX Platinum
List Price
$289,900
Sold Price
$275,700
Premium/Discount to List
-$14,200
-4.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.48%
Original Mortgage
$206,775
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2003
Sold by
Weiss Daniel and Weiss Katharine
Bought by
Weiss Kohn Leslie and Weiss Kohn Helene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,600
Interest Rate
5.62%
Mortgage Type
Unknown
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
Trinh Sarah Lam $395,000 State Street Title Agcy Llc
Ersoy Edward E $345,000 None Available
Briceno Carlos M $275,700 None Available
Weiss Kohn Leslie $267,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trinh Sarah Lam $316,000
Previous Owner Ersoy Edward E $338,369
Previous Owner Ersoy Edward $338,751
Previous Owner Briceno Carlos M $206,775
Previous Owner Kohn Leslie $240,000
Previous Owner Weiss Kohn Leslie $213,600
Closed Weiss Kohn Leslie $21,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2020 11/30/20 Sold $395,000 0.0% --
11/20/2020 11/20/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $395,000 +14.5% --
01/11/2019 01/11/19 Sold $345,000 -1.4% --
01/10/2019 01/10/19 Pending -- -- --
11/07/2018 11/07/18 For Sale $349,900 +26.9% --
10/31/2014 10/31/14 Sold $275,700 -4.9% --
10/27/2014 10/27/14 Pending -- -- --
06/19/2014 06/19/14 For Sale $289,900 -- --
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 $11,950 $212,900 $0 $0
2024 $10,040 $192,200 $0 $0
2023 $9,271 $177,500 $0 $0
2022 $11,416 $172,000 $0 $0
2021 $11,200 $168,100 $0 $0
2020 $9,016 $176,900 $0 $0
2019 $7,292 $176,000 $176,000 $0
2018 $8,715 $169,400 $0 $0
2017 $8,407 $154,700 $0 $0
2016 $6,542 $132,396 $0 $0
2015 $7,201 $132,000 $0 $0
2014 $7,201 $118,300 $0 $0
2013 -- $118,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Price

    Seller's Agent in 2020

    Michael Price

    Key Realty One LLC

    (734) 216-9920

    1 in this area

    87 Total Sales

    Michael Price
    Section Image

  • N

    Buyer's Agent in 2020

    No Member

    Non Member Sales

  • James Giacalone

    Seller's Agent in 2019

    James Giacalone

    RE/MAX Michigan

    (734) 395-6533

    50 Total Sales

    James Giacalone
    Section Image
  • Suzanne Betz

    Seller's Agent in 2014

    Suzanne Betz

    Real Estate One Inc

    (734) 646-7975

    102 Total Sales

    Suzanne Betz
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19918

Southwestern Michigan Association of REALTORS®

APN: 09-29-203-010

Michigan Washtenaw County Ann Arbor 48103 Arborview

111 N 7th St, Ann Arbor, MI

This home is located at 111 N 7th St, Ann Arbor, MI 48103 since 01 October 2020 and is currently estimated at $548,670. This property was built in 1901. 111 N 7th St is a home located in Washtenaw County with nearby schools including Bach Elementary School, Slauson 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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