NOT LISTED FOR SALE

Estimated Value: $1,192,000 - $1,697,000

1.05 Acres
$1,381,442 Price per Acre
45,738 Sq Ft Lot

Last Sold March 10, 2022

Last sale price $279,000

Est. 420% increase in value since last sale

Current estimated payment $9,412/month

195 Days on Market

About This Lot

As of March 2022

Pine Ridge Estates is the ideal place to build your dream home. This neighborhood features finely crafted custom homes exclusively built by Main Street Homes. Work directly with their team of professionals and be involved throughout the planning, designing, and building process. Tailor your new home to meet your lifestyle needs all while combining high quality construction and luxury finishes. Located in a serene country setting on a private cul-de-sac surrounded by towering trees, Pine Ridge Estates is mere minutes commute to University of Michigan, highways, and downtown Ann Arbor. Situated on more than 1 acre lots, these exceptional homes begin at $1,200,000. The design is in the details, and Main Street Homes will surpass your expectations with their craftsmanship throughout the home, with thoughtful finishes like mudrooms, built-ins, lower levels plumbed for bath, and many more additions. Only a few homesites remain among the exclusive twelve house development. Homeowners will especially appreciate the Ann Arbor School District, Ann Arbor Mailing Address, and Scio Township taxes.

Last Agent to Sell the Property

Martin Bouma

Keller Williams Ann Arbor Mrkt License #6501205750 Listed on: 08/20/2021

Keller Williams Ann Arbor Mrkt

Last Buyer's Agent

Rob Ewing

Real Estate One Inc License #6501277007

Real Estate One Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,361

Lot Details

  • 1.05 Acre Lot
  • Property fronts a private road
  • Finished Lot(s)
  • Property is zoned PUD, PUD

HOA Fees

  • $67 Monthly HOA Fees

Schools

  • Abbot Elementary School
  • Forsythe Middle School
  • Skyline High School

Utilities

  • Septic Tank
  • Phone Available
  • Cable TV Available

Property Details

Property Type

Land

Est. Annual Taxes

$1,361

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • Property Type: Land
  • ResoPropertyType: Land
  • Tax Info:Annual Property Tax: 1360.87
  • Tax Info:Zoning3: PUD
  • Utilities Attached:Electric4: Yes
  • Utilities Attached:Natural Gas: Yes
  • Utilities Attached:Septic: Yes
  • Util Avail at Street:Cable2: Yes
  • Utilities Attached:Telephone Line: Yes
  • General Property Info Elementary School2: Abbot
  • General Property Info High School: Skyline
  • General Property Info Middle School2: Forsythe
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 279000.0
  • Lot Features: Buildable
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved

Utilities

  • Utilities: None Connected, Phone Connected, Septic Connected, Natural Gas Connected, Electric Connected, Cable Available

Condo/Co-op/Association

  • Association Fee: 800.0
  • Association Fee Frequency: Annually
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Info:Approx Assoc Fee2: 800.0
  • Association Info:Assoc Fee Payable: Annually

Schools

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

Lot Info

  • Lot Size Acres: 1.05
  • Lot Size Area: 1.05
  • Lot Size Sq Ft: 45738.0
  • Zoning Description: PUD
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1360.87
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2021
Closed on
Apr 8, 2022
Sold by
Teresa A Ayers Trust
Bought by
Ayers Jonathan and Ayers Teresa
Seller's Agent
Martin Bouma
Keller Williams Ann Arbor Mrkt
Buyer's Agent
Rob Ewing
Real Estate One Inc
List Price
$279,000
Sold Price
$279,000
Current Estimated Value
$1,450,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,171,514
Avg. Annual Appreciation
56.33%
Original Mortgage
$1,275,000
Outstanding Balance
$1,192,145
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$176,957

Purchase Details

Listed on
Aug 20, 2021
Closed on
Mar 10, 2022
Sold by
Pratt Road Property Development Llc
Bought by
Teresa A Ayers Trust
Seller's Agent
Martin Bouma
Keller Williams Ann Arbor Mrkt
Buyer's Agent
Rob Ewing
Real Estate One Inc
List Price
$279,000
Sold Price
$279,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,275,000
Outstanding Balance
$1,192,145
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$176,957
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
Ayers Jonathan -- None Listed On Document
Teresa A Ayers Trust $279,000 American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ayers Jonathan $1,275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2022 03/10/22 Sold $279,000 0.0% --
03/03/2022 03/03/22 Pending -- -- --
08/20/2021 08/20/21 For Sale $279,000 -- --
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 -- $922,900 $0 $0
2024 $19,847 $773,700 $0 $0
2023 $9,232 $274,300 $0 $0
2022 $1,425 $100,000 $0 $0
2021 $1,356 $100,000 $0 $0
2020 $1,352 $100,000 $0 $0
2019 $1,262 $100,000 $100,000 $0
2018 $1,225 $100,000 $0 $0
2017 $1,171 $49,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23036278

Southwestern Michigan Association of REALTORS®

APN: 08-14-395-008