NOT LISTED FOR SALE

120 N State St Ann Arbor, MI 48104

Old Fourth Ward Neighborhood

Estimated Value: $1,010,000 - $1,840,005

-- Bed
4 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold June 28, 2021

Last sale price $771,000

Est. 88% increase in value since last sale

Current estimated payment $8,973/month

Highlights

  • Central Air
  • Laundry Facilities
  • Wood Siding
  • Bach Elementary School Rated A

About This Home

As of June 2021

This home is located at 120 N State St, Ann Arbor, MI 48104 since 10 June 2021 and is currently estimated at $1,422,751. This property was built in 1900. 120 N State St is a home located in Washtenaw County with nearby schools including Bach Elementary School, Slauson Middle School, and Skyline High School.

Last Agent to Sell the Property

Jean Wedemeyer

The Charles Reinhart Company License #6501357880 Listed on: 06/10/2021

The Charles Reinhart Company

Last Buyer's Agent

Chris Vessels

Metro Property Services License #6501392137

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,815

Year Built

  • Built in 1900

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 31' x 80'

Parking

  • 2 Parking Spaces

Home Design

  • Wood Siding

Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement

Schools

  • Bach Elementary School
  • Forsythe Or Slauson Middle School
  • Skyline High School

Utilities

  • Central Air

Listing and Financial Details

  • Tenant pays for electric

Community Details

Overview

  • 3 Units
  • Eastern Add Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Insurance Expense $1,618
  • Gross Income $42,310

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,815

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 31' x 80'
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 12815.0
  • Tax Info:Zoning3: R4C
  • General Property Info:Total _pound_ Units: 3
  • Air Conditioning:Central Air: Yes
  • Substructure:Full: Yes
  • Location Property Info:Subdivision2: Eastern Add
  • Substructure:Michigan Basement: Yes
  • Extras:Laundry Facility: Yes
  • General Property Info Elementary School2: Bach
  • General Property Info High School: Skyline
  • General Property Info Middle School2: Forsythe or Slauson, Forsythe
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement, Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 600000.0
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Schools

  • Elementary School: Bach
  • High School: Skyline
  • Middle/Junior School: Forsythe or Slauson, Forsythe

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Dimensions: 31' x 80'
  • Lot Size Sq Ft: 2614.0
  • Zoning Description: R4C
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electric

Multi Family

  • Gross Income: 42310.0
  • Insurance Expense: 1618.0
  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 12815.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2021
Closed on
Jun 23, 2021
Sold by
Bank Of Ann Arbor
Bought by
120 North State Street Llc
Seller's Agent
Jean Wedemeyer
The Charles Reinhart Company
Buyer's Agent
Chris Vessels
Metro Property Services
List Price
$600,000
Sold Price
$771,000
Premium/Discount to List
$171,000
28.5%
Current Estimated Value
$1,446,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$675,143
Avg. Annual Appreciation
14.72%

Purchase Details

Closed on
Jun 6, 2014
Sold by
Miles Graham P and Miles Bonnie F
Bought by
Miles Graham P and Graham P Miles Revocable Trust

Purchase Details

Closed on
Jul 1, 2009
Sold by
Miles Bonnie F
Bought by
Miles Bonnie F and Bonnie F Miles Revocable Trust

Purchase Details

Closed on
Jun 25, 2009
Sold by
Miles Graham P and Miles Bonnie F
Bought by
Miles Bonnie F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
120 North State Street Llc $771,000 Preferred Ttl Agcy Of Ann Ab
Miles Graham P -- None Available
Miles Graham P -- None Available
Miles Bonnie F -- None Available
Miles Bonnie F -- None Available
Miles Graham P -- None Available
Miles Graham P -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2021 06/28/21 Sold $771,000 +28.5% --
06/10/2021 06/10/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $600,000 -- --
Source: MichRIC

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 $16,491 $387,100 $0 $0
2024 $16,098 $383,300 $0 $0
2023 $14,865 $297,700 $0 $0
2022 $16,952 $255,400 $0 $0
2021 $13,232 $273,300 $0 $0
2020 $12,816 $272,800 $0 $0
2019 $12,224 $280,400 $280,400 $0
2018 $11,994 $250,700 $0 $0
2017 $11,570 $219,300 $0 $0
2016 $11,274 $182,204 $0 $0
2015 $10,811 $181,660 $0 $0
2014 $10,811 $177,000 $0 $0
2013 -- $177,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jean Wedemeyer

    Seller's Agent in 2021

    Jean Wedemeyer

    The Charles Reinhart Company

    (734) 604-2523

    1 in this area

    342 Total Sales

    Jean Wedemeyer
    Section Image
  • Chris Vessels

    Buyer's Agent in 2021

    Chris Vessels

    Metro Property Services

    (734) 649-2409

    3 in this area

    23 Total Sales

    Chris Vessels
    Section Image
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Map

Source: MichRIC

MLS Number: 19968

MichRIC

APN: 09-28-208-008

Michigan Washtenaw County Ann Arbor 48104 Old Fourth Ward

120 N State St, Ann Arbor, MI

Not Listed for Sale

MultiFamily

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