$500,000
UNDER CONTRACT

Estimated payment $4,254/month

Total Views 537
1 Bed
1.5 Baths
934 Sq Ft
$535 Price per Sq Ft

Highlights

  • Deck
  • Covered Patio or Porch
  • Eat-In Kitchen
  • Wood Flooring
  • 2 Car Attached Garage
  • Kitchen Island

About This Home

Easy downtown Ann Arbor living with space, style, and a rare parking advantage! This spacious 1-bedroom, 1.5-bath condo includes a flexible bonus room—perfect for an office, den, or guest space—plus a private balcony, hardwood floors, granite countertops, stainless appliances, breakfast bar seating, and a storage locker. Secure lobby entry and elevator access make daily living simple. Best of all: TWO coveted heated, attached, secured parking spaces! Enjoy Main Street restaurants, shops, events, theaters, U-M campus, and UM Hospital just moments from your door. A fantastic opportunity for an effortless, connected downtown lifestyle.

Listing Agent

Michelle Shulman

The Charles Reinhart Company License #6501382026 Listed on: 07/23/2026

The Charles Reinhart Company

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2007

HOA Fees

  • $417 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Concrete Roof

Interior Spaces

  • 934 Sq Ft Home
  • 1-Story Property
  • Insulated Windows

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Deck
  • Covered Patio or Porch

Location

  • Interior Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • Association fees include water, snow removal, lawn/yard care, heat, trash, maintenance structure
  • Ashley Terrace Condos
  • Ashley Terrace Subdivision

Amenities

  • Elevator

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 2007

Lot Details

0 Sq Ft Lot

HOA Fees

$417 per month

Parking

2

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Other
  • Stories: 1
  • Year Built: 2007
  • General Property Info:Basement: No
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Condo Proj Name: Ashley Terrace
  • General Property Info:Entry Type: Common
  • General Property Info: Association YN: Yes
  • Driveway:Driveway: Concrete
  • Mineral Rights:Mineral Rights: No
  • Sewer:Sewer: Public Sewer
  • Additional Items:Additional Items: Garage Door Opener, Elevator
  • Util Avail at Street:Util Avail at Street: High Speed Internet, Cable Available, Electricity Available
  • Water Heater:Water Heater: Natural Gas
  • SourceMLSURL: https://sourcemls.org/api/v1/eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJTb3VyY2VTeXN0ZW1JRCI6IlQwMDAwMDAwNiIsIkxpc3RpbmdJRCI6IjI2MDM4MDkzIiwiU3RhbmRhcmRTdGF0dXMiOiJBY3RpdmUgVW5kZXIgQ29udHJhY3QiLCJNb2RpZmljYXRpb25UaW1lc3RhbXAiOiIyMDI2LTA3LTMxVDEzOjM0OjM2LjAwMFoiLCJMaWNlbnNlZUlEIjoib2F1dGgyXzE0NjI5IiwiTGljZW5zZWVOYW1lIjoiSG9tZXMgUHJvIn0.HaQ6yc-ixWbJykCK8-uHExO00XixqJ09gTIJKjChMnc/badge
  • Special Features: UnderContract
  • Property Sub Type: Condos

Interior Features

  • Appliances: Refrigerator, Oven, Microwave, Dishwasher, Disposal, Dryer, Washer, Range
  • Accessibility Features: Covered Entrance
  • Flooring: Wood, Tile
  • Interior Amenities: Garage Door Opener, Elevator, Kitchen Island, Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 1
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Other
  • LivingArea: 934.0
  • Window Features: Insulated Windows
  • Windows:Windows: Insulated Windows
  • Kitchen Features:Kitchen Features: Center Island, Eating Area

Exterior Features

  • Construction Materials: Concrete
  • List Price: 500000.0
  • Patio and Porch Features: Deck, Covered
  • Roof: Concrete
  • Waterfront: No
  • Access Feat:Accessibility Features2: Yes
  • Roofing:Roofing: Concrete

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Concrete, Attached

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Main Level
  • Security Features: Fire Sprinkler System, Smoke Detector(s)
  • Utilities: Natural Gas Connected, Cable Available, Electricity Available
  • Water Source: Public
  • Heat Source:Heat Source: Natural Gas
  • Heat Type:Heat Type: Forced Air
  • Utilities Attached:Utilities Attached: Natural Gas Connected

Condo/Co-op/Association

  • Association Amenities: Interior Unit, Storage
  • Association Fee: 416.67
  • Association Fee Frequency: Monthly
  • Association Phone: 313.855.7774
  • Association: Yes

Association/Amenities

  • Association Info:Assoc Buy in Fee: -

Fee Information

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

Lot Info

  • Zoning Description: D-1

Tax Info

  • Tax Annual Amount: 13072.49
  • Tax Year: 2025

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $13,072 $266,200 $0 $0
2025 $10,132 $266,200 $0 $0
2024 $9,854 $254,400 $0 $0
2023 $9,099 $238,100 $0 $0
2022 $8,439 $225,500 $0 $0
2021 $8,240 $218,800 $0 $0
2020 $8,074 $202,600 $0 $0
2019 $7,684 $216,800 $216,800 $0
2018 $9,700 $205,500 $0 $0
2017 $7,370 $196,000 $0 $0
2016 $6,277 $147,366 $0 $0
2015 $8,744 $146,926 $0 $0
2014 $8,744 $142,336 $0 $0
2013 -- $142,336 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/23/2026 07/23/26 For Sale $500,000 +14.9% $535 / Sq Ft
09/21/2022 09/21/22 Sold $435,000 -3.3% $466 / Sq Ft View Prior Sale
09/19/2022 09/19/22 Pending -- -- --
07/25/2022 07/25/22 For Sale $450,000 -- $482 / Sq Ft
Source: MichRIC

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $435,000 State Street Title
Warranty Deed $352,917 Fatco
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $326,250 New Conventional
Previous Owner $200,000 Credit Line Revolving
Previous Owner $150,000 Credit Line Revolving
Previous Owner $208,000 New Conventional
Previous Owner $250,050 Unknown
Source: Public Records

Source: MichRIC

MLS Number: 26038093

MichRIC

APN: 09-29-148-044

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