NOT LISTED FOR SALE

1221 Island Dr Unit 101 Ann Arbor, MI 48105

Broadway Neighborhood

Estimated Value: $284,938 - $300,000

2 Beds
1 Bath
871 Sq Ft
$213/mo HOA Fee

Last Sold June 02, 2022

Last sale price $273,000 $313 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,342/month

121 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • Eat-In Kitchen
  • Ann Arbor STEAM at Northside Rated A
  • 1 Car Detached Garage
  • 4-minute walk to Island Park

About This Home

As of June 2022

River House Condos has it all - walking distance to downtown Ann Arbor, U of M, the Medical Complex as well as multiple parks with gorgeous Huron River across the street. This updated, move-in ready two bedroom, 1 bath first floor condo features hardwood floors, an open floorplan with formal dining room and living room, plenty of storage and patio door wall. Other recent updates include kitchen and bathroom tile and cabinetry, all interior doors, windows, a/c & range. One deeded carport covered parking space is also included. HOA fee includes heat, water, trash, exterior building maintenance, pool, storage locker, snow removal, lawn care, and cooking gas - all you need to pay for is electric. Come see this gem today!

Last Agent to Sell the Property

Kristin Mills

Real Estate One Inc License #6501424885 Listed on: 02/01/2022

Real Estate One Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,138

Year Built

  • Built in 1964

HOA Fees

  • $213 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Carport

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 871 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • In Ground Pool
  • Patio

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Hot Water Heating System
  • Cable TV Available

Community Details

Overview

  • Association fees include water, trash, snow removal, lawn/yard care, heat
  • River House Condo Subdivision

Amenities

  • Laundry Facilities
  • Community Storage Space

Recreation

  • Community Pool
  • Trails

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,138

Year Built

Built in 1964

Lot Details

0

HOA Fees

$213 per month

Parking

1

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • Stories: 1
  • Year Built: 1964
  • ResoPropertyType: Residential
  • Appliances Refrigerators: Yes
  • Garage Type Detached: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Disposal, Dishwasher, 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
  • Basement: Slab
  • LivingArea: 871.0
  • Window Features: Window Treatments
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Patio
  • List Price: 275000.0
  • Lot Features: Sidewalk, Site Condo
  • Pool Features: Outdoor/Inground
  • Exterior Features:Patio: Yes

Garage/Parking

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

Utilities

  • Cooling: Window Unit(s), Wall Unit(s)
  • Cooling: Yes
  • Heating: Hot Water, Natural Gas
  • Heating: Yes
  • Laundry Features: Main Level
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Cable Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Laundry, Walking Trails, Storage, Pool
  • Association Fee: 213.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 213.0
  • Association Info:Assoc Fee Payable: Monthly
  • General Property Info:Association Contact: 734-585-5174officema
  • Assoc Amenities:Pool: Yes
  • Assoc Amenities:Storage: Yes

Fee Information

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

Schools

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

Lot Info

  • Zoning Description: R4A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6138.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2022
Closed on
Jun 2, 2022
Sold by
Alex Ginnard
Bought by
Rao Akshay Thota and Rao Janardhana T
Seller's Agent
Kristin Mills
Real Estate One Inc
List Price
$279,000
Sold Price
$273,000
Premium/Discount to List
-$6,000
-2.15%
Current Estimated Value
$295,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,735
Avg. Annual Appreciation
1.80%

Purchase Details

Closed on
Jul 8, 2021
Sold by
Saripalli Venkateswar Rao and Saripalli Anjali L
Bought by
Ginnard Alex

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,900
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2015
Sold by
Kruse Kathleen L and Kruse Robert A
Bought by
Saripalli Anjali L and Saripalli Venkateswar Rao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,800
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2011
Sold by
Spahlinger Carol S and Spahlinger David A
Bought by
Kruse Kathleen L and Kruse Robert A

Purchase Details

Closed on
May 18, 2007
Sold by
Molofsky Anna V and Molofsky Ari
Bought by
Spahlinger Carol S and Spahlinger David A

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
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 2002
Sold by
Noverr Andrew M
Bought by
Rotberg Anna Victoria

Purchase Details

Closed on
Jun 21, 2001
Sold by
Castle Arbor Llc
Bought by
Noverr Andrew M

Purchase Details

Closed on
Aug 21, 2000
Sold by
Materka Robert J
Bought by
Castle Arbor Llc

Purchase Details

Closed on
Jun 21, 2000
Sold by
Materka Robert J
Bought by
Materka Robert J
Source: Public Records

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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
Rao Akshay Thota $273,000 None Listed On Document
Ginnard Alex $270,000 Liberty Title
Saripalli Anjali L $179,000 Liberty Title
Kruse Kathleen L $163,500 Sur
Spahlinger Carol S $150,000 Sst
Rotberg Anna Victoria $117,000 --
Noverr Andrew M $108,000 --
Castle Arbor Llc -- --
Materka Robert J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ginnard Alex $261,900
Previous Owner Saripalli Anjali L $132,800
Previous Owner Spahlinger Carol S $120,000
Previous Owner Molofsky Ari $111,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2022 06/02/22 Sold $273,000 -2.2% $313 / Sq Ft
06/02/2022 06/02/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $279,000 -- $320 / 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 $5,840 $120,200 $0 $0
2024 $5,438 $118,700 $0 $0
2023 $5,014 $112,800 $0 $0
2022 $5,071 $99,700 $0 $0
2021 $5,433 $105,000 $0 $0
2020 $4,606 $98,700 $0 $0
2019 $4,383 $95,500 $95,500 $0
2018 $4,321 $86,600 $0 $0
2017 $4,356 $90,800 $0 $0
2016 $4,202 $87,100 $0 $0
2015 $3,825 $82,992 $0 $0
2014 $3,825 $80,400 $0 $0
2013 -- $80,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23089530

Southwestern Michigan Association of REALTORS®

APN: 09-21-401-119