$300,000
SOLD MAY 2, 2025

1209 Island Dr Unit 202 Ann Arbor, MI 48105

Broadway Neighborhood
2 Beds
1 Bath
871 Sq Ft
$363/mo HOA Fee

Recently Sold

$344 Per Sq Ft

5% Below List Price

30 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Hot Water Heating System
  • Ann Arbor STEAM at Northside Rated A
  • Forced Air Heating and Cooling System
  • 4-minute walk to Island Park

About This Home

As of May 2025

Charming 2-Bedroom Condo Near University of Michigan & the Huron River – Located in the heart of Ann Arbor, this fantastic 2-bedroom, 1-bathroom condo offers the perfect blend of convenience and serenity. Just minutes from the University of Michigan Medical School and campus, this home is ideal for students, faculty. Enjoy the scenic beauty of nearby parks and the Huron River, perfect for outdoor activities, jogging, or kayaking. The condo features a spacious layout, modern kitchen, and ample natural light, creating a comfortable and inviting space. Why rent when you can own? This property is a smart investment with strong rental potential in a highly desirable location. Tenant occupied till August 2025

Last Agent to Sell the Property

Linda Rea

Real Estate One-Rochester License #6501077078 Listed on: 03/24/2025

Real Estate One-Rochester

Co-Listed By

Paula Johnston

Real Estate One-Rochester License #6501360023

Last Buyer's Agent

Jinny Yun

Century 21 Professionals Troy License #6501273296

Century 21 Professionals Troy

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1964

HOA Fees

  • $363 Monthly HOA Fees

Parking

  • Carport

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 871 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Dryer

Kitchen

  • Built-In Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Deck
  • Upper Level

Listing and Financial Details

  • Assessor Parcel Number 090921401128

Community Details

Overview

  • River House Condo@.Com Association, Phone Number (743) 458-5517
  • River House Condo Subdivision

Pet Policy

  • The building has rules on how big a pet can be within a unit

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,921

Year Built

Built in 1964

Lot Details

0

HOA Fees

$363 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Ranch
  • Architecture Level: 1 Story Up
  • Year Built: 1964
  • State Equalized Value: 119900.0000
  • Entry Location: Upper Level w/Steps
  • Pets Allowed: Size Limit, Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished, Common
  • Kitchen Appliances: Built-In Electric Oven, Dishwasher, Disposal, Dryer, Electric Cooktop, Free-Standing Refrigerator
  • Total Sq Ft: 871

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Porch Type: Deck
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage
  • Garage Features: Carport

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air, Hot Water
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Community

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Insurance, Maintenance Structure, Maintenance Grounds
  • Association Fee Frequency: Monthly
  • Phone: 743-458-5517
  • Association Fee: 363
  • Association Contact: River House condo@.com
  • Association Fee: Yes

Lot Info

  • Homestead: Yes
  • Parcel Number: 090921401128

Tax Info

  • Tax Amount Summer: 5463.0000
  • Tax Amount Winter: 1458.0000
  • Total Tax: 6921.0000
  • Taxable Value: 101411.0000

MLS Schools

  • School District: Ann Arbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2025
Closed on
May 2, 2025
Sold by
Sharma Jagmohan and Sharma Jaishree
Bought by
Oh Tae-Ju and Oh Joo Youen
Seller's Agent
Linda Rea
Real Estate One-Rochester
Buyer's Agent
Jinny Yun
Century 21 Professionals Troy
List Price
$315,000
Sold Price
$300,000
Premium/Discount to List
-$15,000
-4.76%
Views
21
Current Estimated Value
$292,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,410
Avg. Annual Appreciation
-4.08%

Purchase Details

Closed on
Dec 27, 2016
Sold by
Sharma Jagmohan and Sharma Jaishree
Bought by
Sharma Jagmohan and Sharma Jaishree

Purchase Details

Closed on
Jun 22, 2007
Sold by
Kangelaris Gerald T and Kangelaris Kirsten N
Bought by
Sharma Jagmohan and Sharma Aditi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,600
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 2000
Sold by
Ali Mohammad I
Bought by
Kangelaris Gerald T

Purchase Details

Closed on
Aug 18, 1997
Sold by
Carter Donald J
Bought by
Mohammad I Ali and Mohammad Shaiba Ansari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,600
Interest Rate
7.56%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $300,000 Capital Title
Warranty Deed $300,000 Capital Title
Interfamily Deed Transfer -- None Available
Warranty Deed $162,000 Capital Title Ins Agency
Deed $96,000 --
Deed $77,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $129,600 Purchase Money Mortgage
Previous Owner $61,600 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2025 05/02/25 Sold $300,000 -4.8% $344 / Sq Ft
04/23/2025 04/23/25 Pending -- -- --
03/24/2025 03/24/25 For Sale $315,000 0.0% $362 / Sq Ft
08/19/2024 08/19/24 Rented $1,800 0.0% --
08/11/2024 08/11/24 Under Contract -- -- --
07/27/2024 07/27/24 Price Changed $1,800 -10.0% $2 / Sq Ft
07/11/2024 07/11/24 Price Changed $2,000 -9.1% $2 / Sq Ft
06/13/2024 06/13/24 For Rent $2,200 -- --
Source: Realcomp

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 $5,617 $121,300 $0 $0
2024 $5,463 $119,900 $0 $0
2023 $5,044 $113,900 $0 $0
2022 $6,105 $100,500 $0 $0
2021 $5,933 $105,800 $0 $0
2020 $5,746 $99,400 $0 $0
2019 $5,481 $96,200 $96,200 $0
2018 $5,377 $86,900 $0 $0
2017 $5,188 $91,300 $0 $0
2016 $3,480 $81,694 $0 $0
2015 $3,754 $81,450 $0 $0
2014 $3,754 $78,906 $0 $0
2013 -- $78,906 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20250019328

Realcomp

APN: 09-21-401-128