NOT LISTED FOR SALE

116 E Summit St Ann Arbor, MI 48104

Kerrytown Neighborhood

Estimated Value: $279,000 - $455,000

2 Beds
1 Bath
844 Sq Ft
$438/Sq Ft Est. Value

Last Sold August 02, 2021

Last sale price $175,000 $207 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $2,594/month

15 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Forced Air Heating System
  • Bach Elementary School Rated A
  • Living Room
  • 1-minute walk to Wheeler Park

About This Home

As of August 2021

Investment opportunity! Home is in need of repairs. Excellent location only seconds from Kerrytown and Downtown Ann Arbor. Please note that this Home is not currently livable. No current CO. Home is located in the flood-plane and this will affect build-ability. See attachments for required document before showing will be allowed. Agent reserves the right to attend all showings.

Last Agent to Sell the Property

Nathanial Foerg

The Charles Reinhart Company Listed on: 06/29/2021

Last Buyer's Agent

Chris Vessels

Metro Property Services License #6501392137

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 26x116

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 844 Sq Ft Home
  • 1-Story Property
  • Living Room

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement

Schools

  • Bach Elementary School
  • Slauson Middle School
  • Pioneer High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1900
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Lot Dimensions: 26X116
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 844.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 5869.41
  • Tax Info:Zoning3: Res
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Substructure:Michigan Basement: Yes
  • General Property Info:SqFt Above Grade: 844.0
  • General Property Info Elementary School2: Bach Elementary School
  • General Property Info High School: Pioneer High School
  • General Property Info Middle School2: Slauson Middle School
  • General Property Info Garage YN: No
  • Flooring:Wood Floor: Yes
  • Architectural Style:Ranch: Yes
  • Flooring:Vinyl Floor: Yes
  • Flooring:Carpet Floor: Yes
  • Flooring:Laminate Floor: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Laminate, Vinyl, Wood
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full, Michigan Basement, Other
  • LivingArea: 844.0
  • General Property Info:Stories2: 1.0

Exterior Features

  • Construction Materials: Brick
  • List Price: 199000.0
  • Lot Features: Sidewalk
  • Exterior Material:Brick: Yes

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Natural Gas Available, Storm Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Dimensions: 26X116
  • Lot Size Sq Ft: 3049.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5869.41
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2021
Closed on
Jul 30, 2021
Sold by
Kraim & Dickow Llc
Bought by
Vessels 116 Llc
Seller's Agent
Nathanial Foerg
The Charles Reinhart Company
Buyer's Agent
Chris Vessels
Metro Property Services
List Price
$199,000
Sold Price
$175,000
Premium/Discount to List
-$24,000
-12.06%
Current Estimated Value
$369,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,791
Avg. Annual Appreciation
20.28%

Purchase Details

Closed on
Dec 22, 2006
Sold by
Wilson Mary Lee
Bought by
Dickow Ayad
Source: Public Records

Range of Values:

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Average Value
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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
Vessels 116 Llc $175,000 None Available
Dickow Ayad $120,000 In Deed Title Agency Llc
Kraim & Dickow Llc -- Title Agency Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2021 08/02/21 Sold $175,000 -12.1% $207 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
06/29/2021 06/29/21 For Sale $199,000 -- $236 / 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 $7,136 $140,200 $0 $0
2024 $5,995 $120,300 $0 $0
2023 $5,536 $106,000 $0 $0
2022 $7,341 $110,600 $0 $0
2021 $6,060 $111,000 $0 $0
2020 $5,869 $106,300 $0 $0
2019 $5,599 $110,600 $110,600 $0
2018 $5,493 $105,100 $0 $0
2017 $5,299 $97,700 $0 $0
2016 $5,163 $83,448 $0 $0
2015 $4,951 $83,199 $0 $0
2014 $4,951 $80,600 $0 $0
2013 -- $80,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2021

    Nathanial Foerg

    The Charles Reinhart Company

  • Chris Vessels

    Buyer's Agent in 2021

    Chris Vessels

    Metro Property Services

    (734) 649-2409

    1 in this area

    20 Total Sales

    Chris Vessels
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23118624

Southwestern Michigan Association of REALTORS®

APN: 09-20-412-032

Michigan Washtenaw County Ann Arbor 48104 Kerrytown

116 E Summit St, Ann Arbor, MI

This home is located at 116 E Summit St, Ann Arbor, MI 48104 since 29 June 2021 and is currently estimated at $369,791, approximately $438 per square foot. This property was built in 1900. 116 E Summit St is a home located in Washtenaw County with nearby schools including Bach Elementary School, Slauson Middle School, and Skyline High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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