NOT LISTED FOR SALE

1116 Fountain St Unit A Ann Arbor, MI 48103

Water Hill Neighborhood

Estimated Value: $539,000 - $852,000

3 Beds
1 Bath
660 Sq Ft
$1,095/Sq Ft Est. Value

Highlights

  • 0.62 Acre Lot
  • Contemporary Architecture
  • Tile Flooring
  • Wines Elementary School Rated A
  • Cooling System Mounted In Outer Wall Opening
  • Ceiling Fan

About This Home

As of July 2024

For Rent & Available Immediately. Large fully furnished studio apartment (approx 22 x 30 ft) at the very top of Water Hill neighborhood. North of downtown, just west of Main St. Walk to Kerrytown, downtown Ann Arbor, and U of M Medical Center. Minutes to M-14 expressway connecting to US-23 & I-94. This 2nd floor apartment is above owner's garage and has private exterior entrance and front deck. Full modern kitchen with black appliances, dark cherry cabinetry and granite countertop. Outfitted with dishes, glassware, flatware and cooking equipment. Bathroom has walk-in shower, and laundry area with stacked washer/dryer. Ceramic tile with radiant electric heat, ceiling fan & air-conditioner. High ceilings, lots of windows, private deck, treehouse view of yard and gardens.

Last Agent to Rent the Property

Angela Rasmussen

The Charles Reinhart Company License #6501356371 Listed on: 05/07/2024

The Charles Reinhart Company

Last Renter's Agent

Angela Rasmussen

The Charles Reinhart Company License #6501356371 Listed on: 05/07/2024

The Charles Reinhart Company

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $12,537

Year Built

  • 2004

Lot Details

  • 0.62 Acre Lot

Parking

  • On-Street Parking

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1 Full Bathroom
  • 660 Sq Ft Home
  • Ceiling Fan
  • Tile Flooring

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

  • Wines Elementary School
  • Forsythe Middle School
  • Skyline High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Radiant Heating System
  • Window Unit Heating System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable/satellite, housekeeping, internet access, telephone
  • The owner pays for electricity, heat, lawn/yard care, linens, sewer, snow removal, water

Property Details

Home Type

Apartment

Est. Annual Taxes

$12,537

Year Built

2004

Lot Details

0

Rental Info

  • Owner Pays: Electricity, Heat, Lawn/Yard Care, Linens, Sewer, Snow Removal, Water
  • Tenant Pays: Cable/Satellite, Housekeeping, Internet Access, Telephone

Listing Details

  • Property Sub-Type: Apartment
  • Property Type: Residential Lease
  • ArchitecturalStyle: Contemporary
  • ResoPropertyType: ResidentialLease
  • Location Property Info:Property Sub-Type: Apartment
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 660.0
  • General Property Info:Design: Contemporary
  • Heat Type:Radiant: Yes
  • Location Property Info:Vacation Rental: No
  • Location Property Info:AptCondo Cmplx Name: NA
  • Air Conditioning:Window Unit(s)2: Yes
  • Air Conditioning:Wall Unit(s)2: Yes
  • Other Amenities:Tile Floor2: Yes
  • General Property Info Elementary School2: Wines
  • General Property Info High School: Skyline
  • General Property Info Middle School2: Forsythe
  • General Property Info Garage YN: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2004

Interior Features

  • Appliances: Gas Range, Dryer, CeilingFan, Dishwasher, Microwave, Refrigerator, Washer
  • Fireplace: No
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 660.0
  • Appliances Provided:Dishwasher2: Yes
  • Appliances Provided:Dryer2: Yes
  • Appliances Provided:Microwave2: Yes
  • Appliances Provided:Refrigerator2: Yes
  • Appliances Provided:Washer2: Yes
  • Appliances Provided:CeilingFan: Yes
  • Appliances Provided:Gas Range: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • List Price: 1950.0
  • Waterfront: No

Garage/Parking

  • Garage: No
  • General Property Info:Parking: On Street

Utilities

  • Cooling: Window Unit(s), Wall Unit(s)
  • Cooling: Yes
  • Heating: Radiant
  • Laundry Features: In Unit
  • Heat Source:Electric2: Yes

Association/Amenities

  • Other Amenities:Cable Hookup: Yes

Schools

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

Lot Info

  • Lot Size Acres: 0.62
  • Lot Size Area: 0.62
  • Lot Size Sq Ft: 27007.0
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2014
Sold by
Herlihy Stephen J and Herlihy Lisa G
Bought by
Jupena Urban R and Levicki Steven W
Current Estimated Value
$722,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,900
Outstanding Balance
$269,119
Interest Rate
4.11%
Mortgage Type
New Conventional
Estimated Equity
$453,818

Purchase Details

Closed on
Aug 17, 2001
Sold by
Hale Stephanie A
Bought by
Herlihy Stephen J

Purchase Details

Closed on
Aug 21, 1995
Sold by
Krohn Richard D
Bought by
Hale Stephanie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.43%
Mortgage Type
New Conventional
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
Jupena Urban R $469,900 Barristers Title
Herlihy Stephen J $245,000 --
Hale Stephanie A $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jupena Urban R $190,200
Open Jupena Urban R $349,900
Previous Owner Herlihy Stephen J $270,800
Previous Owner Herlihy Stephen J $75,000
Previous Owner Herlihy Stephen J $42,000
Previous Owner Herlihy Stephen J $260,000
Previous Owner Hale Stephanie A $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2024 07/18/24 Rented $1,950 0.0% --
06/20/2024 06/20/24 Under Contract -- -- --
05/07/2024 05/07/24 For Rent $1,950 +11.4% --
08/12/2022 08/12/22 Rented $1,750 -7.9% --
08/11/2022 08/11/22 Under Contract -- -- --
06/21/2022 06/21/22 For Rent $1,900 +15.2% --
06/02/2021 06/02/21 Rented $1,650 0.0% --
05/27/2021 05/27/21 Under Contract -- -- --
05/12/2021 05/12/21 For Rent $1,650 +3.1% --
02/15/2019 02/15/19 Rented $1,600 -3.0% --
02/07/2019 02/07/19 Under Contract -- -- --
10/23/2018 10/23/18 For Rent $1,650 0.0% --
10/01/2018 10/01/18 Rented $1,650 0.0% --
09/28/2018 09/28/18 Under Contract -- -- --
09/07/2018 09/07/18 For Rent $1,650 -- --
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 $12,537 $345,400 $0 $0
2024 $11,675 $311,800 $0 $0
2023 $10,765 $286,900 $0 $0
2022 $11,730 $280,600 $0 $0
2021 $11,454 $271,300 $0 $0
2020 $10,469 $252,500 $0 $0
2019 $9,963 $239,800 $239,800 $0
2018 $9,823 $221,700 $0 $0
2017 $9,555 $217,800 $0 $0
2016 $9,219 $191,071 $0 $0
2015 $7,026 $190,500 $0 $0
2014 $7,026 $147,700 $0 $0
2013 -- $147,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24022390

Southwestern Michigan Association of REALTORS®

APN: 09-20-301-058