Seller's Agent in 2025
Trevor McIlwaine
Berkshire Hathaway HomeService
(734) 645-5159
1 in this area
48 Total Sales
117 E Summit St Ann Arbor, MI 48104
Kerrytown Neighborhood
--
Bed
--
Bath
--
Sq Ft
3,485
Sq Ft Lot
Highlights
- No HOA
- Forced Air Heating System
- 1-minute walk to Wheeler Park
- Bach Elementary School Rated A
About This Home
As of November 2025Located in the heart of downtown Ann Arbor's desirable Kerrytown neighborhood, 117 E Summit Street presents an exceptional duplex opportunity close to the city's vibrant dining, shopping, and cultural attractions. This well-maintained property features two updated units, each offering modern comfort and strong rental potential. The first-floor unit includes 2 bedrooms, an updated kitchen, and a refreshed bathroom. It is currently leased through summer 2026 at $1,800 per month. The upper unit offers 1 bedroom with an updated kitchen and bathroom, leased at $1,200 per month. Both units include in-unit washer and dryer for added convenience. With current rents below market value, this property provides immediate income with the opportunity for increased returns in the future. Whether you are an investor looking to expand your portfolio or a buyer interested in downtown Ann Arbor living with rental income, this duplex is a rare find in one of the city's most desirable locations. Subject to tenant rights; all showing require a minimum of 24 hours notice to show. Download HERD report at osi.a2.goc/herd, HES: 3
Last Agent to Sell the Property
Berkshire Hathaway HomeService License #6501386865 Listed on: 09/17/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,651
Year Built
- Built in 1901
Lot Details
- 3,485 Sq Ft Lot
- Lot Dimensions are 66 x 50
Home Design
- Vinyl Siding
Parking
- 2 Parking Spaces
- Gravel Driveway
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Connected
- Individual Gas Meter
- Cable TV Available
Additional Features
- Laundry in unit
- Michigan Basement
Listing and Financial Details
- Tenant pays for electric, gas
- The owner pays for water, sewer
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Insurance Expense $2,269
- Maintenance Expense $1,426
- Utility Expense $550
- Operating Expense $14,246
- Gross Income $36,000
- Net Operating Income $21,754
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 17, 2017
Closed on
Apr 25, 2017
Sold by
Weber Michael H
Bought by
Weber Michael H and Michael H Weber Revocable Trust
Seller's Agent
Martin Bouma
Keller Williams Ann Arbor Mrkt
Buyer's Agent
No Member
Non Member Sales
List Price
$275,000
Sold Price
$255,000
Premium/Discount to List
-$20,000
-7.27%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.91%
Purchase Details
Listed on
Jan 17, 2017
Closed on
Mar 4, 2017
Sold by
Warner Anthony
Bought by
Weber Michael
Seller's Agent
Martin Bouma
Keller Williams Ann Arbor Mrkt
Buyer's Agent
No Member
Non Member Sales
List Price
$275,000
Sold Price
$255,000
Premium/Discount to List
-$20,000
-7.27%
Purchase Details
Listed on
Feb 1, 2012
Closed on
Mar 30, 2012
Sold by
117 Summit Llc
Bought by
Warner Anthony
Seller's Agent
MaryAnne Telese
Howard Hanna Real Estate
Buyer's Agent
Allison Fishwick
Howard Hanna Real Estate
List Price
$149,900
Sold Price
$140,000
Premium/Discount to List
-$9,900
-6.6%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.91%
Purchase Details
Closed on
Sep 26, 2005
Sold by
Solecki Frank and Solecki Diane E
Bought by
117 Summit Llc
Purchase Details
Closed on
Apr 4, 1993
Sold by
Shores Perry L and Shores Jeannine M
Bought by
Solecki Frank and Solecki Diane E
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $255,000 | American Title Co Of Washten | |
| Warranty Deed | $140,000 | Sur | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | -- | Sur |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/24/2025 11/24/25 | Sold | $445,000 | -10.1% | -- | |
| 09/23/2025 09/23/25 | Pending | -- | -- | -- | |
| 09/17/2025 09/17/25 | For Sale | $495,000 | +94.1% | -- | |
| 03/07/2017 03/07/17 | Sold | $255,000 | -7.3% | -- | View Prior Sale |
| 03/01/2017 03/01/17 | Pending | -- | -- | -- | |
| 01/17/2017 01/17/17 | For Sale | $275,000 | +96.4% | -- | |
| 03/30/2012 03/30/12 | Sold | $140,000 | -6.6% | -- | View Prior Sale |
| 03/28/2012 03/28/12 | Pending | -- | -- | -- | |
| 02/01/2012 02/01/12 | For Sale | $149,900 | -- | -- |
Source: MichRIC
Tax History Compared to Growth
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 | $8,907 | $175,400 | $0 | $0 |
| 2024 | $7,483 | $151,000 | $0 | $0 |
| 2023 | $8,907 | $132,300 | $0 | $0 |
| 2022 | $9,186 | $138,400 | $0 | $0 |
| 2021 | $8,936 | $138,200 | $0 | $0 |
| 2020 | $8,655 | $132,600 | $0 | $0 |
| 2019 | $8,255 | $129,800 | $129,800 | $0 |
| 2018 | $8,466 | $132,500 | $0 | $0 |
| 2017 | $6,699 | $124,700 | $0 | $0 |
| 2016 | $6,528 | $105,501 | $0 | $0 |
| 2015 | $6,260 | $105,186 | $0 | $0 |
| 2014 | $6,260 | $101,900 | $0 | $0 |
| 2013 | -- | $101,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Trevor McIlwaine
-
George Abro
Buyer's Agent in 2025
George Abro
Altitude Commercial Real Estat
(248) 404-7281
2 in this area
6 Total Sales
-
Martin Bouma
Seller's Agent in 2017
Martin Bouma
Keller Williams Ann Arbor Mrkt
(734) 761-3060
3 in this area
749 Total Sales
-
N
Buyer's Agent in 2017
No Member
Non Member Sales
-
M
Seller's Agent in 2012
MaryAnne Telese
Howard Hanna Real Estate
-
A
Buyer's Agent in 2012
Allison Fishwick
Howard Hanna Real Estate
Map
Source: MichRIC
MLS Number: 25047672
APN: 09-20-411-005
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.
Information is deemed reliable but not guaranteed.
Copyright 2025 MichRIC, LLC. All rights reserved.
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