$456,000
SOLD OCT 21, 2024
1 Bed
1 Bath
960 Sq Ft
$440/mo HOA Fee

Recently Sold

$475 Per Sq Ft

5% Below List Price

35 Days on Market

Highlights

  • Elevator
  • Converted Garage
  • Forced Air Heating and Cooling System
  • Bach Elementary School Rated A
  • Balcony
  • 5-minute walk to Sculpture Plaza

About This Home

As of October 2024

Perfect one bedroom downtown Ann Arbor condo overlooking the Big House. This beautifully appointed unit with solid 42' cabinets, granite counters, new appliances, new HVAC and in-unit laundry, is the perfect place to call home. The 8th floor unit soars above the surrounding buildings, providing sweeping views of the city and stadium. Assigned parking under the building provides ease and comfort in all weather conditions. The building is locked 24/7 with security features, cameras and building management. A few short blocks to campus and downtown, this unit is the perfect location for a student or young professional. Perfect way to invest and gain equity instead of renting.

Last Agent to Sell the Property

Erica Kohler

@properties Christie's Int'l License #6506048196 Listed on: 08/28/2024

@properties Christie's Int'l

Co-Listed By

Sara Maddock

@properties Christie's Int'lAA License #6506045089

Last Buyer's Agent

Timothy Powell

The Charles Reinhart Company License #6506046764

The Charles Reinhart Company

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2008

HOA Fees

  • $440 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Converted Garage

Home Design

  • 960 Sq Ft Home
  • Brick Exterior Construction
  • Slab Foundation

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

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

Additional Features

  • Mineral Rights Excluded

Community Details

Overview

  • Association fees include trash, snow removal, lawn/yard care
  • Association Phone (313) 319-2722
  • Ashley Terrace Condo
  • 10-Story Property

Amenities

  • Elevator

Property Details

Home Type

Condominium

Year Built

Built in 2008

Lot Details

0

HOA Fees

$440 per month

Parking

1

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 10
  • Year Built: 2008
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 0
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 960.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Design: Ranch
  • Tax Info:Annual Property Tax: 20991.4
  • Tax Info:Zoning3: residential
  • Waterfront Options:Water Access YN: No
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Substructure:Slab: Yes
  • Appliances Microwave: Yes
  • Water Heater:Natural Gas4: Yes
  • Mineral Rights:No: Yes
  • Utilities Attached:High-Speed Internet: Yes
  • General Property Info:Condo Proj Name: Ashley Terrace Condo
  • Additional Items:Elevator: Yes
  • General Property Info:SqFt Above Grade: 960.0
  • General Property Info Garage YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer, Refrigerator, Range, Microwave, Dryer, Disposal, Dishwasher
  • Interior Amenities: Elevator, Pantry
  • Fireplace: No
  • Total Bedrooms: 1
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Slab
  • LivingArea: 960.0
  • General Property Info:Stories2: 10.0
  • Appliances Range: Yes
  • Kitchen Features Pantry: Yes
  • Appliances Dishwasher: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Balcony
  • List Price: 479000.0
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Brick: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Converted Garage
  • Parking Features:Converted Garage: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Cable Connected, Public Water, Public Sewer, High-Speed Internet
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Storage
  • Association Fee: 440.0
  • Association Fee Frequency: Monthly
  • Association Phone: 313-319-2722
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 440.0
  • Association Info:Assoc Fee Payable: Monthly
  • Assoc Amenities:Storage: Yes
  • Association Info:Association Phone: 313-319-2722

Fee Information

  • Association Fee Includes: Other, Trash, Snow Removal, Lawn/Yard Care

Lot Info

  • Lot Dimensions: 0
  • Zoning Description: residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 20991.4
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2023
Sold by
Salvatore Louis R
Bought by
Salvatore Louis R
Current Estimated Value
$764,497

Purchase Details

Closed on
Apr 9, 2019
Sold by
Raft Jennifer K
Bought by
Salvatore Lou

Purchase Details

Closed on
May 4, 2012
Sold by
Alidade Ashley Terrace Llc
Bought by
Raft Jennifer K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,800
Interest Rate
4.87%
Mortgage Type
Assumption

Purchase Details

Closed on
Jun 29, 2011
Sold by
Special Services Asset Management Compan
Bought by
Alidade Ashley Terrace Llc

Purchase Details

Closed on
Jul 15, 2010
Sold by
Ashley Terrace Holdings Llc
Bought by
Special Services Asset Management Compan
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $759,901 None Available
Warranty Deed $404,000 Capital Title Insurance Agen
Deed -- None Available
Sheriffs Deed $468,825 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $282,800 Assumption
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2024 10/21/24 Sold $456,000 -4.8% $475 / Sq Ft
10/02/2024 10/02/24 Pending -- -- --
08/28/2024 08/28/24 For Sale $479,000 -- $499 / 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
2025 $20,992 $382,100 $0 $0
2024 $17,636 $363,800 $0 $0
2023 $16,285 $338,500 $0 $0
2022 $19,710 $319,000 $0 $0
2021 $19,153 $308,700 $0 $0
2020 $18,550 $283,500 $0 $0
2019 $11,249 $305,700 $305,700 $0
2018 $11,090 $297,600 $0 $0
2017 $10,788 $294,800 $0 $0
2016 $10,408 $215,732 $0 $0
2015 $9,912 $215,087 $0 $0
2014 $9,912 $208,500 $0 $0
2013 -- $208,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24045179

Southwestern Michigan Association of REALTORS®

APN: 09-29-148-102