NOT LISTED FOR SALE

1201 Island Dr Unit 203 Ann Arbor, MI 48105

Broadway Neighborhood

Estimated Value: $291,621 - $315,000

2 Beds
1 Bath
871 Sq Ft
$209/mo HOA Fee

Last Sold July 12, 2019

Last sale price $255,000 $293 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,330/month

64 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • Community Pool
  • Ann Arbor STEAM at Northside Rated A
  • End Unit
  • 4-minute walk to Island Park

About This Home

As of July 2019

Walk to school/work while enjoying a stunning view of the Huron River in this beautifully renovated top-floor River House condo! Light and bright from the large glass balcony door and completely open floorplan, you'll immediately notice the remodeled kitchen with sleek granite counters and expansive island workspace with extra storage. This space flows right into the dining room and living room for easy entertaining. Your private balcony overlooks the river and Island Park. Two bedrooms with ample closet space, elegant moldings, and refinished wood floors share the impressive full bathroom. The bathroom, split into two distinct spaces, was recently remodeled. The main bathroom includes a new vanity with marble counter, toilet, and a luxurious tile shower with two showerheads. The second sp space offers an additional vanity and an in-unit washer and dryer, which is rare for this development! Central AC, one assigned carport space, and plenty of extra parking complete this perfect package. Short walk to UM hospital campus or take one of four bus lines to the north side, UM main campus, or downtown Ann Arbor. For those who work or study at UM's medical campus, it's the closest River House building to the hospital!

Last Agent to Sell the Property

Alex Milshteyn

Real Estate One Inc License #6506037173 Listed on: 05/09/2019

Real Estate One Inc

Last Buyer's Agent

Martin Bouma

Keller Williams Ann Arbor Mrkt License #6501205750

Keller Williams Ann Arbor Mrkt

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,234

Year Built

  • Built in 1964

Lot Details

  • Property fronts a private road
  • End Unit

HOA Fees

  • $209 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Carport

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 871 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Water Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Schools

  • Ann Arbor Steam @ Northside Elementary School
  • Clague Middle School
  • Skyline High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Cable TV Available

Community Details

Overview

  • Association fees include water, trash, snow removal, lawn/yard care, heat

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,234

Year Built

Built in 1964

Lot Details

0

HOA Fees

$209 per month

Parking

1

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1964
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:New Construction2: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 871.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: Yes
  • General Property Info:Design: Ranch
  • Tax Info:Annual Property Tax: 4233.76
  • Tax Info:Zoning3: R4A
  • Air Conditioning:Central Air: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Heat Type:Hot Water: Yes
  • Additional Items:Ceramic Floor: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Additional Items:Wood Floor: Yes
  • General Property Info:SqFt Above Grade: 871.0
  • Additional Items:Tile Floor: Yes
  • Laundry Features Main Level: Yes
  • General Property Info Elementary School2: Ann Arbor STEAM @ Northside
  • General Property Info High School: Skyline
  • General Property Info Middle School2: Clague
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Washer, Disposal, Dishwasher, Microwave, Oven, Range, Refrigerator
  • Interior Amenities: Ceramic Floor, Wood Floor, Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 871.0
  • Window Features: Window Treatments
  • General Property Info:Stories2: 1.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Breakfast Nook: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Common Walls: End Unit
  • Construction Materials: Brick
  • Exterior Features: Balcony
  • List Price: 265000.0
  • Lot Features: Sidewalk, Site Condo
  • Road Frontage Type: Private Road
  • Exterior Material:Brick: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Carport: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
  • Garage:Garage2: Yes
  • Garage Type:Carport: Yes
  • Garage Type:_one_: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Hot Water, Natural Gas
  • Heating: Yes
  • Laundry Features: Main Level
  • Sewer: Public Sewer
  • Utilities: Storm Sewer Available, Natural Gas Connected, Cable Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Pool
  • Association Fee: 209.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 209.0
  • Association Info:Assoc Fee Payable: Monthly
  • Water Fea Amenities:View: Yes
  • General Property Info:Association Contact: (734) 585-5174
  • Assoc Amenities:End Unit: Yes
  • Assoc Amenities:Pool: Yes

Fee Information

  • Association Fee Includes: Water, Trash, Snow Removal, Lawn/Yard Care, Heat

Schools

  • Elementary School: Ann Arbor STEAM @ Northside
  • High School: Skyline
  • Middle/Junior School: Clague

Lot Info

  • Zoning Description: R4A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4233.76
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2021
Sold by
Park Jiwon V
Bought by
Prak Jiwon V and Yoo Jin Soung
Current Estimated Value
$301,332

Purchase Details

Listed on
May 9, 2019
Closed on
Jul 12, 2019
Sold by
Billi Allison
Bought by
Park Jiwon V
Seller's Agent
Alex Milshteyn
Real Estate One Inc
Buyer's Agent
Martin Bouma
Keller Williams Ann Arbor Mrkt
List Price
$265,000
Sold Price
$255,000
Premium/Discount to List
-$10,000
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.26%
Original Mortgage
$232,750
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2007
Sold by
Livingstone Teresa
Bought by
Billi Allison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 2000
Sold by
Bhabhrawala Irfan
Bought by
Valdez Cesar

Purchase Details

Closed on
Jun 21, 2000
Sold by
Materka Robert J
Bought by
Materka Robert J

Purchase Details

Closed on
Jan 28, 2000
Sold by
Ang Eugenius S B C
Bought by
Fauman Michael

Purchase Details

Closed on
Nov 7, 1997
Sold by
Schermerhorn Robert E
Bought by
Chen I and Chen Wu

Purchase Details

Closed on
Aug 8, 1997
Sold by
Drake Dee E
Bought by
Irfan Bhabhrawala

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,400
Interest Rate
7.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 1997
Sold by
Valente Don
Bought by
Jafri Mohd S and Jafri Najma S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,400
Interest Rate
7.71%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Prak Jiwon V -- Transtar National Title
Park Jiwon V $255,000 None Available
Billi Allison $160,000 Sst
Valdez Cesar $84,000 --
Materka Robert J -- --
Fauman Michael $87,750 --
Chen I $73,000 --
Irfan Bhabhrawala $53,000 --
Jafri Mohd S $79,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Park Jiwon V $232,750
Previous Owner Billi Allison $116,625
Previous Owner Billi Allison $120,000
Previous Owner Irfan Bhabhrawala $42,400
Previous Owner Jafri Mohd S $63,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2019 07/12/19 Sold $255,000 -3.8% $293 / Sq Ft
07/12/2019 07/12/19 Pending -- -- --
05/09/2019 05/09/19 For Sale $265,000 -- $304 / 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 $5,664 $126,400 $0 $0
2024 $5,664 $124,800 $0 $0
2023 $4,864 $118,300 $0 $0
2022 $5,300 $104,200 $0 $0
2021 $5,171 $109,100 $0 $0
2020 $5,066 $99,400 $0 $0
2019 $4,294 $97,300 $97,300 $0
2018 $4,234 $87,400 $0 $0
2017 $4,118 $92,000 $0 $0
2016 $3,973 $82,357 $0 $0
2015 $3,784 $82,111 $0 $0
2014 $3,784 $79,546 $0 $0
2013 -- $79,546 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 50225

Southwestern Michigan Association of REALTORS®

APN: 09-21-401-008