NOT LISTED FOR SALE

Estimated Value: $843,000 - $1,834,088

0.51 Acre
$2,564,763 Price per Acre
22,216 Sq Ft Lot

Last Sold March 12, 2021

Last sale price $525,000

Est. 149% increase in value since last sale

Current estimated payment $8,630/month

17 Days on Market

About This Lot

As of March 2021

Incredible opportunity to custom build a home in highly sought after Ann Arbor Hills. Half acre lot on quiet paved road offering many options to build your dream home. Yard filled with mature trees surrounding future home. Garage is still on lot being used for storage.

Last Agent to Sell the Property

Patricia Edwards

The Charles Reinhart Company License #6501257809 Listed on: 02/22/2021

The Charles Reinhart Company

Last Buyer's Agent

Don Wurtzel

Cornerstone Real Estate License #6501366612

Cornerstone Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,828

Year Built

  • 1956

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 149 x 150
  • Property is zoned R1A, R1A

Schools

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

Utilities

  • Natural Gas Connected
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Assrs 41 Ann Arbor Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$9,828

Year Built

1956

Lot Details

0

Listing Details

  • Property Type: Land
  • ResoPropertyType: Land
  • Water Public Water2: Yes
  • Sewer Public Sewer2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1956

Exterior Features

  • List Price: 500000.0
  • Road Surface Type: Paved

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Connected, Electricity Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Size Acres: 0.51
  • Lot Size Area: 0.51
  • Lot Dimensions: 149 x 150
  • Lot Size Sq Ft: 22216.0
  • Zoning Description: R1A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9828.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2021
Closed on
Mar 12, 2021
Sold by
Hedges Scott A and Ohara Ann A
Bought by
Narayan Rishi and Narayan Alison
Seller's Agent
Patricia Edwards
The Charles Reinhart Company
Buyer's Agent
Don Wurtzel
Cornerstone Real Estate
List Price
$500,000
Sold Price
$525,000
Premium/Discount to List
$25,000
5%
Total Days on Market
17
Current Estimated Value
$1,308,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$783,029
Avg. Annual Appreciation
24.29%

Purchase Details

Listed on
Feb 20, 2017
Closed on
Mar 15, 2017
Sold by
Peterson Karen
Bought by
Hodges Scott A and Hara Ann A O
Seller's Agent
Alison Holcombe
Howard Hanna RE Services
Buyer's Agent
Martha Smith
Martha Smith Homes, Inc
List Price
$425,000
Sold Price
$450,500
Premium/Discount to List
$25,500
6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.91%

Purchase Details

Closed on
Aug 29, 2014
Sold by
Hauenstein Louise S and Hauenstein Nelson Matthews
Bought by
Hauenstein Gertrude Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,500
Interest Rate
3.81%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
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
Narayan Rishi $525,000 Preferred Ttl Agcy Of Ann Ab
Hodges Scott A $450,500 None Available
Hauenstein Gertrude Louise -- Title Connect Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Narayan Rishi $2,250,000
Previous Owner Hauenstein Gertrude Louise $592,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2021 03/12/21 Sold $525,000 +5.0% --
03/11/2021 03/11/21 Pending -- -- --
02/22/2021 02/22/21 For Sale $500,000 +11.0% --
03/15/2017 03/15/17 Sold $450,500 +6.0% $238 / Sq Ft
03/14/2017 03/14/17 Pending -- -- --
02/20/2017 02/20/17 For Sale $425,000 -- $225 / 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
2024 $46,612 $1,015,200 $0 $0
2023 $8,310 $159,100 $0 $0
2022 $10,109 $152,300 $0 $0
2021 $10,094 $151,500 $0 $0
2020 $9,828 $150,200 $0 $0
2019 $9,489 $149,200 $149,200 $0
2018 $9,711 $149,300 $0 $0
2017 $8,403 $225,900 $0 $0
2016 $7,157 $168,024 $0 $0
2015 $7,720 $167,522 $0 $0
2014 $7,720 $162,288 $0 $0
2013 -- $162,288 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23177

Southwestern Michigan Association of REALTORS®

APN: 09-34-111-006