$315,000
SOLD APR 16, 2025

1201 Island Dr Unit 204 Ann Arbor, MI 48105

Broadway Neighborhood
2 Beds
1 Bath
871 Sq Ft
$280/mo HOA Fee

Recently Sold

$362 Per Sq Ft

10% Below List Price

16 Days on Market

Highlights

  • Community Pool
  • Balcony
  • Living Room
  • Ann Arbor STEAM at Northside Rated A
  • Cooling System Mounted In Outer Wall Opening
  • 4-minute walk to Island Park

About This Home

As of April 2025

*ACCEPTING BACK UP OFFERS* This beautifully renovated 2-bedroom, 1-bath condo on the 2nd floor offers a modern, comfortable living space with all the updates you've been looking for! Renovated Kitchen featuring brand new cabinetry, countertops, and appliances. Renovated bathroom with large walk-in shower, new vanity, new toilet and new mirror. The entire unit has been updated with new flooring, new lighting, and new doors enhancing the condo's fresh, updated look. In-unit combination washer and dryer for added convenience. Custom outfitted double closets in both bedrooms. Enjoy a contemporary living space that's steps away from U-M Medical Center. Directly across the street from the beautiful Huron River and Island Park. Also, within walking distance to Kellogg Eye Center U-M Campus and downtown Ann Arbor. HOA fees include maintenance, snow removal, lawn care, water, and trash. Community in ground pool and one designated parking spot is included.

Last Agent to Sell the Property

Diana Morning

Key Realty One LLC License #6501418509 Listed on: 03/18/2025

Key Realty One LLC

Last Buyer's Agent

Melissa Vandam

The Charles Reinhart Company License #6506044622

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,908

Year Built

  • Built in 1964

HOA Fees

  • $280 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 871 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Room

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Schools

  • Clague Middle School
  • Skyline High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Natural Gas Water Heater
  • High Speed Internet

Community Details

Overview

  • Association fees include water, trash, snow removal, lawn/yard care
  • Association Phone (734) 585-5174
  • River House Condos

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,908

Year Built

Built in 1964

Lot Details

0

HOA Fees

$280 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Other
  • Stories: 1
  • Year Built: 1964
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • OfficeContract Info:List PriceSqFt2: 401.84
  • General Property Info:New Construction2: No
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 871.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 5908.22
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • Air Conditioning:Wall Unit(s): Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Substructure:Slab: Yes
  • Additional Items:Ceiling Fans: Yes
  • Water Heater:Natural Gas4: Yes
  • Utilities Attached:High-Speed Internet: Yes
  • General Property Info:Condo Proj Name: River House
  • General Property Info:Pets YN: Yes
  • Heat Type:Baseboard: Yes
  • Roofing:Asphalt2: Yes
  • General Property Info:SqFt Above Grade: 871.0
  • Assoc Amenities:Laundry: Yes
  • General Property Info High School: Skyline High School
  • General Property Info Middle School2: Clague Middle School
  • General Property Info Garage YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), Pantry
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Slab
  • LivingArea: 871.0
  • General Property Info:Stories2: 1.0
  • Appliances Range: Yes
  • Kitchen Features Pantry: Yes
  • Appliances Dishwasher: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Balcony
  • List Price: 350000.0
  • Road Surface Type: Paved
  • Roof: Asphalt
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Baseboard
  • Heating: Yes
  • Laundry Features: In Unit
  • Sewer: Public
  • Utilities: High-Speed Internet
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Laundry, Pets Allowed, Pool
  • Association Fee: 280.0
  • Association Fee Frequency: Monthly
  • Association Phone: 734-585-5174
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 280.0
  • Association Info:Assoc Fee Payable: Monthly
  • Assoc Amenities:Pets Allowed2: Yes
  • Assoc Amenities:Pool: Yes
  • Association Info:Association Phone: 734-585-5174

Fee Information

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

Schools

  • High School: Skyline High School
  • Middle/Junior School: Clague Middle School

Lot Info

  • Lot Size Acres: 0.03
  • Lot Size Area: 0.03
  • Lot Size Sq Ft: 1216.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5908.22
  • Tax Year: 2025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2025
Closed on
Apr 15, 2025
Sold by
Rao T And Anita Gondy Family Trust and Gondy Samantha
Bought by
Chapel Arenberg Properties Llc
Seller's Agent
Diana Morning
Key Realty One LLC
Buyer's Agent
Melissa Vandam
The Charles Reinhart Company
List Price
$350,000
Sold Price
$315,000
Premium/Discount to List
-$35,000
-10%
Views
21
Current Estimated Value
$305,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,471
Avg. Annual Appreciation
-4.66%

Purchase Details

Listed on
Apr 18, 2021
Closed on
May 27, 2021
Sold by
Huang Ke
Bought by
Gondy Samantha and Ran T And Anita Gondy Family T
Seller's Agent
Judie Wu
The Charles Reinhart Company
Buyer's Agent
No Member
Non Member Sales
List Price
$258,000
Sold Price
$250,000
Premium/Discount to List
-$8,000
-3.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.12%

Purchase Details

Closed on
Sep 21, 2012
Sold by
Nayak Chandan
Bought by
Huang Ke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2002
Sold by
Eskandari Freydoon
Bought by
Nayak Chandan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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 Type Sale Price Title Company
Warranty Deed $315,000 Liberty Title
Warranty Deed $315,000 Liberty Title
Warranty Deed $250,000 None Available
Warranty Deed $155,000 Crossroads Title Agency
Deed $118,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $116,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/16/2025 04/16/25 Sold $315,000 -10.0% $362 / Sq Ft
03/26/2025 03/26/25 Pending -- -- --
03/09/2025 03/09/25 For Sale $350,000 +40.0% $402 / Sq Ft
05/28/2021 05/28/21 Sold $250,000 -3.1% $287 / Sq Ft View Prior Sale
05/25/2021 05/25/21 Pending -- -- --
04/18/2021 04/18/21 For Sale $258,000 -- $296 / Sq Ft
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 $5,149 $119,600 $0 $0
2024 $5,021 $118,100 $0 $0
2023 $4,630 $112,200 $0 $0
2022 $5,045 $99,200 $0 $0
2021 $5,267 $104,500 $0 $0
2020 $5,796 $98,300 $0 $0
2019 $6,057 $95,100 $95,100 $0
2018 $5,425 $85,900 $0 $0
2017 $5,316 $89,800 $0 $0
2016 $5,209 $82,412 $0 $0
2015 $4,890 $82,166 $0 $0
2014 $4,890 $79,600 $0 $0
2013 -- $79,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MichRIC

MLS Number: 25008578

MichRIC

APN: 09-21-401-010