NOT LISTED FOR SALE

Estimated Value: $445,337 - $496,000

1 Bed
1 Bath
922 Sq Ft
$250/mo HOA Fee

Last Sold August 25, 2022

Last sale price $450,000 $488 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,916/month

32 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Breakfast Area or Nook
  • Bach Elementary School Rated A
  • End Unit
  • 4-minute walk to Sculpture Plaza

About This Home

As of August 2022

Enjoy the sophisticated corner, beautiful one bedroom condo at popular Ashley Terrace. Fantastic open floor plan combining the grand living room, dining room and kitchen. Grand windows provide an abundance of natural light. Hardwood floors throughout the main living space and carpet in the bedroom. New appliances, new bathroom vanity & toilet. Private 400 sqft terrace gives extra room perfect for friends, families, or even a relaxation space for yourself. Parking in designated premium spot on ground level and additional storage space is available in storage locker. HOA fee includes, water, exterior building maintenance and full time building manager. It is extremely convenient to travel to restaurants, shops and close to many U of M school buildings. This condo is the perfect place to to experience the downtown life. Easy go and show.

Last Listed By

Judie Wu

The Charles Reinhart Company License #6501380541 Listed on: 07/23/2022

The Charles Reinhart Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,752

Year Built

  • Built in 2007

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture

Interior Spaces

  • 922 Sq Ft Home
  • Window Treatments

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Bach Elementary School
  • Scarlett Middle School
  • Skyline High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • End Unit

Community Details

Overview

  • Association fees include water, trash, snow removal, sewer, lawn/yard care, heat
  • Ashley Terrace Condo Subdivision

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,752

Year Built

Built in 2007

Lot Details

0

HOA Fees

$250 per month

Parking

1

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • Year Built: 2007
  • ResoPropertyType: Residential
  • Garage Type Attached: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Microwave: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dryer, Washer, Disposal, Dishwasher, Microwave, Oven, Range, Refrigerator
  • Interior Amenities: Elevator, Garage Door Opener, Wood Floor, Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 1
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 922.0
  • Window Features: Window Treatments
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Breakfast Nook: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Common Walls: End Unit
  • Construction Materials: Other
  • Exterior Features: Balcony
  • List Price: 450000.0
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Attached
  • Garage:Garage2: Yes
  • Additional Items:Garage Door Opener: Yes
  • Garage Type:_one_: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Laundry Features: Main Level
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 250.15
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 250.15
  • Association Info:Assoc Fee Payable: Monthly
  • General Property Info:Association Contact: 734.459.5440 / tsnad
  • Assoc Amenities:End Unit: Yes

Fee Information

  • Association Fee Includes: Water, Trash, Snow Removal, Sewer, Lawn/Yard Care, Heat

Schools

  • Elementary School: Bach
  • High School: Skyline
  • Middle/Junior School: Scarlett

Lot Info

  • Zoning Description: C2B/
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 10752.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2022
Closed on
Aug 25, 2022
Sold by
Chuang Patrick
Bought by
Keith Adam
Seller's Agent
Judie Wu
The Charles Reinhart Company
Buyer's Agent
No Member
Non Member Sales
List Price
$450,000
Sold Price
$450,000
Total Days on Market
32
Current Estimated Value
$475,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,834
Avg. Annual Appreciation
2.10%
Original Mortgage
$337,500
Outstanding Balance
$324,788
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$151,046

Purchase Details

Closed on
Sep 15, 2014
Sold by
Davidson Aaron J
Bought by
Chuang Patrick

Purchase Details

Closed on
Aug 15, 2008
Sold by
Ashley Terrace Condominiums Llc
Bought by
Davidson Aaron J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,200
Interest Rate
6.31%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 12, 2008
Sold by
Ashley Terrace Holdings Llc
Bought by
Ashley Terrace Condominiums Llc

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
Keith Adam $450,000 None Listed On Document
Keith Adam $450,000 None Listed On Document
Chuang Patrick $350,000 Liberty Title
Davidson Aaron J $235,000 None Available
Ashley Terrace Condominiums Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keith Adam $337,500
Closed Keith Adam $337,500
Previous Owner Davidson Aaron J $199,000
Previous Owner Davidson Aaron J $205,000
Previous Owner Davidson Aaron J $18,000
Previous Owner Davidson Aaron J $188,000
Previous Owner Davidson Aaron J $173,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2022 08/25/22 Sold $450,000 0.0% $488 / Sq Ft
08/24/2022 08/24/22 Pending -- -- --
07/23/2022 07/23/22 For Sale $450,000 0.0% $488 / Sq Ft
07/25/2018 07/25/18 Rented $2,200 -12.0% --
07/16/2018 07/16/18 Under Contract -- -- --
05/21/2018 05/21/18 For Rent $2,500 -- --
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 $12,319 $231,900 $0 $0
2023 $11,375 $217,800 $0 $0
2022 $11,064 $206,900 $0 $0
2021 $10,751 $201,100 $0 $0
2020 $10,413 $187,100 $0 $0
2019 $9,932 $199,300 $199,300 $0
2018 $7,611 $188,300 $0 $0
2017 $7,403 $176,000 $0 $0
2016 $7,143 $148,042 $0 $0
2015 $6,201 $147,600 $0 $0
2014 $6,201 $130,355 $0 $0
2013 -- $130,355 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 54417

Southwestern Michigan Association of REALTORS®

APN: 09-29-148-019