NOT LISTED FOR SALE

1117 Prospect Ave Ann Arbor, MI 48104

East Packard Neighborhood

Estimated Value: $961,000 - $1,346,000

-- Bed
5 Baths
-- Sq Ft
4,356 Sq Ft Lot

Sale Details

Date Sold: April 1, 2021

Last sale price $1,315,000

Est. 18% decrease in value since last sale

Current estimated payment $7,060 / mo

293 Days on Market

Highlights

  • Central Air
  • Laundry Facilities
  • Wood Siding
  • Burns Park Elementary School Rated A

About This Home

As of April 2021

This home is located at 1117 Prospect Ave, Ann Arbor, MI 48104 since 12 June 2020 and is currently estimated at $1,078,394. This property was built in 1920. 1117 Prospect Ave is a home located in Washtenaw County with nearby schools including Burns Park Elementary School, Tappan Middle School, and Pioneer High School.

Last Agent to Sell the Property

Chris Vessels

Metro Property Services License #6501392137 Listed on: 06/12/2020

Last Buyer's Agent

No Member

Non Member Sales

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,018

Year Built

  • Built in 1920

Lot Details

  • 4,356

Parking

  • 8 Parking Spaces

Home Design

  • Slab Foundation
  • Wood Siding

Schools

  • Burns Park Elementary School
  • Tappan Middle School
  • Pioneer High School

Utilities

  • Central Air
  • Cable TV Available

Additional Features

  • Basement Fills Entire Space Under The House
  • 4,356 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for electric, water

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units

Additional Features

  • Laundry Facilities
  • Gross Income $118,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,018

Year Built

Built in 1920

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • Year Built: 1920
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:Basement: Yes
  • Tax Info:Zoning3: R4C
  • General Property Info:Total _pound_ Units: 2
  • Air Conditioning:Central Air: Yes
  • Substructure:Full: Yes
  • Substructure:Slab: Yes
  • Extras:Laundry Facility: Yes
  • General Property Info Elementary School2: Burns Park Elementary School
  • General Property Info High School: Pioneer High School
  • General Property Info Middle School2: Tappan Middle School
  • Tax Info:Seller_squote_s Annual Property Tax2: 13018.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Slab
  • Basement: Yes

Exterior Features

  • Construction Materials: Block, Wood Siding
  • List Price: 1475000.0
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 8.0
  • General Property Info:Total Parking Spaces: 8.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association Amenities: Cable TV
  • Association: Yes

Association/Amenities

  • Assoc Amenities:Cable TV: Yes

Schools

  • Elementary School: Burns Park Elementary School
  • High School: Pioneer High School
  • Middle/Junior School: Tappan Middle School

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4356.0
  • Zoning Description: R4C

Rental Info

  • Tenant Pays: Electric, Water

Multi Family

  • Gross Income: 118800.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 13018.0
  • Tax Year: 2019

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2020
Closed on
Apr 1, 2021
Sold by
Bought by
Seller's Agent
Chris Vessels
Metro Property Services
Buyer's Agent
No Member
Non Member Sales
List Price
$1,499,900
Sold Price
$1,315,000
Premium/Discount to List
-$184,900
-12.33%
Current Estimated Value
$1,078,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$236,606
Avg. Annual Appreciation
-3.73%

Purchase Details

Closed on
Apr 14, 2016
Sold by
Bought by

Purchase Details

Closed on
Apr 15, 2013
Sold by
Bought by

Purchase Details

Closed on
Sep 29, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
4.42%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Devon Title Agency
-- Devan Title Agency
-- None Available
$349,900 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $270,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/01/2021 04/01/21 Sold $1,315,000 -12.3% --
04/01/2021 04/01/21 Pending -- -- --
06/12/2020 06/12/20 For Sale $1,499,900 -- --
Source: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $15,243 $321,300 $0 $0
2024 $14,825 $303,900 $0 $0
2023 $13,689 $262,100 $0 $0
2022 $20,204 $304,400 $0 $0
2021 $14,091 $306,400 $0 $0
2020 $13,647 $295,400 $0 $0
2019 $13,018 $300,900 $300,900 $0
2018 $13,100 $276,800 $0 $0
2017 $12,321 $250,600 $0 $0
2016 $12,016 $194,027 $0 $0
2015 $11,512 $193,447 $0 $0
2014 $11,512 $187,403 $0 $0
2013 -- $187,403 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Vessels

    Seller's Agent in 2021

    Chris Vessels

    Metro Property Services

    (734) 649-2409

    1 in this area

    15 Total Sales

    Chris Vessels
    Section Image

  • N

    Buyer's Agent in 2021

    No Member

    Non Member Sales

See All Agents

Map

Source: MichRIC

MLS Number: 18178

MichRIC

APN: 09-33-222-011

Michigan Washtenaw County Ann Arbor 48104 East Packard

1117 Prospect Ave, Ann Arbor, MI

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MichRIC Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.

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