118 W Summit St Ann Arbor, MI 48103
Water Hill NeighborhoodEstimated payment $2,521/month
Highlights
- Bungalow
- Forced Air Heating System
- 3-minute walk to Wheeler Park
- Bach Elementary School Rated A
About This Home
Incredible opportunity to own a home within Ann Arbor’s C1 zoning district—one of the few areas that allows for non-owner occupied short-term (Airbnb, VRBO, etc.) rentals—at 118 W Summit St, Ann Arbor, MI 48103. Perfect for investors seeking a high-demand rental property or for use as your personal residence, this property is a blank slate with demolition and renovations already underway. Currently configured as a 2-bedroom, 1-bath home, it offers potential to add another bath and reimagine the living space to fit your needs. Located in the desirable Water Hill neighborhood near Kerrytown, the home boasts unbeatable walkability to Michigan Medicine, U-M Central Campus, Downtown, Kerrytown, the Farmers Market, scenic parks like Bandemer and Bird Hills, plus direct access to the new Barton-Bandemer pedestrian tunnel and expanded protected bike lanes, connecting you seamlessly to the entire city. Bring your vision and transform this property just minutes from Ann Arbor’s best destinations.
Listing Agent
Real Estate One/Max Broock Realtors License #MISPE-6501414164 Listed on: 08/13/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
Year Built
- Built in 1901
Lot Details
- 3,920 Sq Ft Lot
- Lot Dimensions are 45x90x45x90
Home Design
- Bungalow
Interior Spaces
- 1,056 Sq Ft Home
- 2-Story Property
- Basement
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number 09-09-20-410-003
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,347 | $160,900 | $0 | $0 |
| 2024 | $2,103 | $137,900 | $0 | $0 |
| 2023 | $1,940 | $121,800 | $0 | $0 |
| 2022 | $2,114 | $127,000 | $0 | $0 |
| 2021 | $2,064 | $127,700 | $0 | $0 |
| 2020 | $2,022 | $122,200 | $0 | $0 |
| 2019 | $1,924 | $119,800 | $119,800 | $0 |
| 2018 | $1,897 | $121,700 | $0 | $0 |
| 2017 | $1,846 | $112,800 | $0 | $0 |
| 2016 | $1,781 | $36,910 | $0 | $0 |
| 2015 | $1,696 | $36,800 | $0 | $0 |
| 2014 | $1,696 | $35,651 | $0 | $0 |
| 2013 | -- | $35,651 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/01/2026 04/01/26 | Price Changed | $352,500 | -3.4% | $334 / Sq Ft | |
| 04/01/2026 04/01/26 | For Sale | $365,000 | 0.0% | $346 / Sq Ft | |
| 03/31/2026 03/31/26 | Off Market | $365,000 | -- | -- | |
| 12/12/2025 12/12/25 | Price Changed | $365,000 | -2.7% | $346 / Sq Ft | |
| 09/04/2025 09/04/25 | Price Changed | $375,000 | -6.3% | $355 / Sq Ft | |
| 08/15/2025 08/15/25 | For Sale | $400,000 | +0.9% | $379 / Sq Ft | |
| 08/21/2024 08/21/24 | Sold | $396,500 | -0.6% | $375 / Sq Ft | View Prior Sale |
| 08/05/2024 08/05/24 | Pending | -- | -- | -- | |
| 07/18/2024 07/18/24 | For Sale | $399,000 | -- | $378 / Sq Ft |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $396,500 | Vanguard Title Company | |
| Deed | -- | -- |
Source: Michigan Multiple Listing Service
MLS Number: 50185013
APN: 09-20-410-003
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.
Source MLS: MiRealSource
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
- 811 N Main St
- 651 N 5th Ave
- 663 N 5th Ave Unit 8
- 408 Felch St
- 325 E Summit St Unit 101
- 510 Hiscock St
- 210 W Kingsley St
- 121 W Kingsley St Unit 502
- 111 W Kingsley St
- 414 N Main St Unit 14
- 606 W Summit St
- 530 N Division St Unit C
- 530 N Division St Unit A
- 530 N Division St Unit D
- 530 N Division St Unit B
- 410 N 1st St Unit 302
- 410 N 1st St Unit 307
- 607 Hiscock St
- 1128 Longshore Dr Unit 1
- 1128 Longshore Dr Unit 2
- 230-232 Brookridge Rd Unit 230
- 219 Brookridge Ct Unit 1
- 253 Brookridge Ct Unit 1
- 1043 N Main St
- 121 W Kingsley St Unit 502
- 118 E Kingsley St Unit 423-1
- 118 E Kingsley St Unit 423-2
- 536 Detroit St
- 522 N Division St
- 522 N Division St
- 529 Longshore Dr Unit A
- 509 Longshore Dr
- 533 Elizabeth St
- 543 Longshore Dr Unit B
- 221 N Ashley St
- 525 Long Shore Dr Unit 525B Longshore Dr
- 319 Catherine St
- 215-217 N Ashley St Unit 215 N. Ashley St
- 215-217 N Ashley St Unit 217 N. Ashley St
- 335 Catherine St Unit 335CAT
Ask me questions while you tour the home.