$520,000
SOLD MAY 2, 2025
1 Bed
1.5 Baths
924 Sq Ft
$370/mo HOA Fee

Recently Sold

$563 Per Sq Ft

1% Below List Price

50 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot: Yes
  • 1 Car Attached Garage
  • Bach Elementary School Rated A
  • Balcony
  • 5-minute walk to Sculpture Plaza

About This Home

As of May 2025

Fabulous 8th floor condo in the heart of downtown Ann Arbor, located in the popular ''Ashley Terrace'' high-rise building with secure lobby, elevator, and onsite garage. This condo has been updated throughout and is tastefully & fully furnished to every detail! Features include spacious dining & living room w/balcony terrace, renovated kitchen, 1 large bedroom ensuite w/private bath & walk-in closet & a powder room. Kitchen has rich wood cabinets, newer wood floors, granite countertops including bar counter, newer SS appliances & mod tech lighting. Cool custom built-in serving bar is perfect for entertainment. Chic media/entertainment cabinets w/TV are built perfectly for the living room area. (Continued on Supplement) Floor to ceiling door & windows with southern views allow access to balcony to enjoy your morning coffee or relax for the evening. Generous primary suite has an incredible custom king size bed designed w/end tables & dresser to match to make this a truly dreamy retreat. Large "California" walk-in closet & ample tiled primary bath - everything has been thought of. Cute powder room has custom built storage cabinet. Convenient washer & dryer closet completes the unit. This is a perfect downtown abode Fully Furnished with stylish furniture, artwork, dishes & silverware, linens & more! Move right in to this modern residence that has been tastefully created for the perfect home or a care-free pied-à-terre! One dedicated Parking Place & a secure Storage Space are included. Terrific building with on-site maintenance manager. Available immediately - schedule your showing today!

Last Agent to Sell the Property

Elizabeth Brien

The Charles Reinhart Company License #6506044627 Listed on: 02/10/2025

The Charles Reinhart Company

Last Buyer's Agent

Patricia Edwards

The Charles Reinhart Company License #6501257809

The Charles Reinhart Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,160

Year Built

  • Built in 2007

HOA Fees

  • $370 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 924 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Window Treatments
  • Window Screens

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Bach Elementary School
  • Forsythe Middle School
  • Skyline High School

Utilities

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

Additional Features

  • Doors with lever handles

Community Details

Overview

  • Association fees include water, trash, snow removal, sewer
  • Association Phone (734) 459-5440
  • Ashley Terrace Condominium Condos

Additional Features

  • Security
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,160

Year Built

Built in 2007

Lot Details

0

HOA Fees

$370 per month

Parking

1

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 2007
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:New Construction2: No
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 924.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 12160.0
  • Tax Info:Zoning3: D1
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Windows:Insulated Windows: Yes
  • Windows:Screens: Yes
  • General Property Info:Fireplace: No
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Utilities Attached:High-Speed Internet: Yes
  • General Property Info:Condo Proj Name: Ashley Terrace Condominium
  • Accessibility Feat:Lever Door Handles: Yes
  • Water Heater Remarks: Yes
  • General Property Info:SqFt Above Grade: 924.0
  • Laundry Features Main Level: Yes
  • Laundry Features Laundry Closet: Yes
  • General Property Info Elementary School2: Bach Elementary School
  • General Property Info High School: Skyline High School
  • General Property Info Middle School2: Forsythe Middle School
  • General Property Info Garage YN: Yes
  • Flooring:Wood Floor: Yes
  • Architectural Style:Ranch: Yes
  • Flooring:Carpet Floor: Yes
  • Flooring:Ceramic Floor: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Accessibility Features: Lever Door Handles
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Broadband, Garage Door Opener, Pantry
  • Fireplace: No
  • Total Bedrooms: 1
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Other
  • LivingArea: 924.0
  • Window Features: Screens, Insulated Windows, Window Treatments
  • General Property Info:Stories2: 1.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features Pantry: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Snack Bar: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Balcony
  • List Price: 525000.0
  • Lot Features: Corner Lot, Sidewalk
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: Yes
  • Exterior Material:Brick: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: In Unit, Laundry Closet, Main Level
  • Sewer: Public
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Cable Connected, Storm Sewer, High-Speed Internet
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Security, Other
  • Association Fee: 370.0
  • Association Fee Frequency: Monthly
  • Association Phone: 734-459-5440
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 370.0
  • Association Info:Assoc Fee Payable: Monthly
  • General Property Info:Association Contact: Dan Herriman
  • Assoc Amenities:Security: Yes
  • Association Info:Association Phone: (734) 459-5440

Fee Information

  • Association Fee Includes: Water, Trash, Snow Removal, Sewer

Schools

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

Lot Info

  • Zoning Description: D1

Tax Info

  • Tax Annual Amount: 12160.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2025
Closed on
May 2, 2025
Sold by
Diane I Massignan Revocable Trust and Massignan Diane I
Bought by
Tian Yulun
Seller's Agent
Elizabeth Brien
The Charles Reinhart Company
Buyer's Agent
Patricia Edwards
The Charles Reinhart Company
List Price
$525,000
Sold Price
$520,000
Premium/Discount to List
-$5,000
-0.95%
Views
71

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.35%
Original Mortgage
$312,000
Outstanding Balance
$310,912
Interest Rate
5.83%
Mortgage Type
New Conventional
Estimated Equity
$201,303

Purchase Details

Closed on
Oct 2, 2008
Sold by
Massignan David E and Massignan Diane I
Bought by
Massignan Diane I and Massignan David E

Purchase Details

Closed on
Apr 23, 2008
Sold by
Ashley Terrace Condominiums Llc
Bought by
Massignan David E and Massignan Diane I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,600
Interest Rate
5.41%
Mortgage Type
New Conventional
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
Warranty Deed $520,000 Preferred Title
Warranty Deed $520,000 Preferred Title
Interfamily Deed Transfer -- None Available
Warranty Deed $314,621 Fatco
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $312,000 New Conventional
Closed $312,000 New Conventional
Previous Owner $203,900 Adjustable Rate Mortgage/ARM
Previous Owner $218,500 New Conventional
Previous Owner $251,600 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2025 05/02/25 Sold $520,000 -1.0% $563 / Sq Ft
02/10/2025 02/10/25 For Sale $525,000 -- $568 / 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 $11,425 $244,400 $0 $0
2024 $9,599 $234,000 $0 $0
2023 $8,864 $219,700 $0 $0
2022 $8,288 $208,600 $0 $0
2021 $10,425 $202,800 $0 $0
2020 $10,097 $188,600 $0 $0
2019 $9,631 $200,900 $200,900 $0
2018 $9,449 $200,100 $0 $0
2017 $9,115 $189,800 $0 $0
2016 $7,093 $143,549 $0 $0
2015 $8,517 $143,120 $0 $0
2014 $8,517 $138,649 $0 $0
2013 -- $138,649 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 25004907

Southwestern Michigan Association of REALTORS®

APN: 09-29-148-075