NOT LISTED FOR SALE

Estimated Value: $435,000 - $548,000

4 Beds
1 Bath
-- Sq Ft
7,405 Sq Ft Lot

Last Sold November 17, 2021

Last sale price $350,000

Est. 40% increase in value since last sale

Current estimated payment $3,741/month

33 Days on Market

About This Home

As of November 2021

This home is located at 1111 Elder Blvd, Ann Arbor, MI 48103 since 07 October 2021 and is currently estimated at $497,548. This property was built in 1975. 1111 Elder Blvd is a home located in Washtenaw County with nearby schools including Eberwhite Elementary School, Slauson Middle School, and Pioneer High School.

Last Agent to Sell the Property

Kim Peoples

The Charles Reinhart Company License #6501284214 Listed on: 10/07/2021

The Charles Reinhart Company

Last Buyer's Agent

Patricia Mueller

Associates in Real Estate License #6504254344

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,890

Year Built

  • Built in 1975

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 146

Parking

  • 2 Parking Spaces

Home Design

  • Slab Foundation

Schools

  • Eberwhite Elementary School
  • Slauson Middle School
  • Pioneer High School

Listing and Financial Details

  • Tenant pays for electric

Community Details

Overview

  • 2 Units
  • Eber White 1St Add Aac Subdivision

Additional Features

  • Laundry Facilities
  • Gross Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,890

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1975
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:Lot Dimensions: 50 x 146
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 7889.86
  • Tax Info:Zoning3: R2A
  • General Property Info:Total _pound_ Units: 2
  • Substructure:Slab: Yes
  • Location Property Info:Subdivision2: Eber White 1st Add Aac
  • Extras:Laundry Facility: Yes
  • General Property Info Elementary School2: Eberwhite
  • General Property Info High School: Pioneer
  • General Property Info Middle School2: Slauson
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab
  • Basement: No

Exterior Features

  • Construction Materials: Other
  • List Price: 359000.0

Garage/Parking

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

Schools

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

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Dimensions: 50 x 146
  • Lot Size Sq Ft: 7405.0
  • Zoning Description: R2A
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electric

Multi Family

  • Gross Income: 30000.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 7889.86
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2021
Closed on
Nov 18, 2021
Sold by
Okey Dokey Investments Llc
Bought by
Battey Luke and Volpenhein Kelly
Seller's Agent
Kim Peoples
The Charles Reinhart Company
Buyer's Agent
Patricia Mueller
Associates in Real Estate
List Price
$359,000
Sold Price
$350,000
Premium/Discount to List
-$9,000
-2.51%
Current Estimated Value
$490,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,654
Avg. Annual Appreciation
9.86%
Original Mortgage
$262,500
Outstanding Balance
$242,359
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$255,189

Purchase Details

Listed on
Oct 7, 2021
Closed on
Nov 11, 2021
Sold by
Jones Paul L and Paul L Jones Revocable Trust
Bought by
Okey Dokey Investments Llc
Seller's Agent
Kim Peoples
The Charles Reinhart Company
Buyer's Agent
Patricia Mueller
Associates in Real Estate
List Price
$359,000
Sold Price
$350,000
Premium/Discount to List
-$9,000
-2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Outstanding Balance
$242,359
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$255,189

Purchase Details

Closed on
Jun 27, 2005
Sold by
Jones Paul L
Bought by
Okey Dokey Investments Llc

Purchase Details

Closed on
Dec 24, 2002
Sold by
Jones Paul L and Jones Francine S
Bought by
Jones Paul L and Jones Francine S
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
Battey Luke $350,000 None Available
Okey Dokey Investments Llc $202,725 American Ttl Co Of Washtenaw
Okey Dokey Investments Llc -- --
Jones Paul L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Battey Luke $262,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2021 11/17/21 Sold $350,000 -2.5% --
11/09/2021 11/09/21 Pending -- -- --
10/07/2021 10/07/21 For Sale $359,000 -- --
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 $12,650 $230,300 $0 $0
2024 $10,628 $207,600 $0 $0
2023 $9,814 $187,900 $0 $0
2022 $12,412 $187,000 $0 $0
2021 $7,622 $175,400 $0 $0
2020 $7,383 $175,200 $0 $0
2019 $7,042 $173,800 $173,800 $0
2018 $6,909 $163,100 $0 $0
2017 $6,665 $125,400 $0 $0
2016 $6,494 $104,961 $0 $0
2015 $6,228 $104,648 $0 $0
2014 $6,228 $101,888 $0 $0
2013 -- $101,888 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18188

Southwestern Michigan Association of REALTORS®

APN: 09-30-407-001