NOT LISTED FOR SALE

1225 Fairmount Dr Ann Arbor, MI 48105

Estimated Value: $733,000 - $917,000

4 Beds
3.5 Baths
3,936 Sq Ft
$208/Sq Ft Est. Value

Last Sold July 18, 2013

Last sale price $482,000 $122 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $5,646/month

12 Days on Market

Highlights

  • Spa
  • Colonial Architecture
  • Vaulted Ceiling
  • Martin Luther King Elementary School Rated A
  • Deck
  • 4-minute walk to Windemere Park

About This Home

As of July 2013

This is a clean, sharp, move-in-condition home with lots of extras - updated Kitchen, family room with cathedral ceiling and skylights, french doors for the living room and dinning room, and an awesome finished basement with a huge recreation room including a full service kitchen with built in dining table and benches - A Must See Home!, Primary Bath, Rec Room: Finished

Last Agent to Sell the Property

Jeffrey Gallatin

Gallatin Realty Co. License #6502128807 Listed on: 06/08/2013

Last Buyer's Agent

Laurie Schultz

Keller Williams Ann Arbor Mrkt License #6501374187

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,977

Year Built

  • Built in 1981

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 103 x 146
  • Sprinkler System
  • Property is zoned R1B, R1B

HOA Fees

  • $6 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • <<doubleOvenToken>>
  • Range<<rangeHoodToken>>
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • Attached Garage
  • Garage Door Opener

Outdoor Features

  • Spa
  • Deck

Schools

  • King Elementary School
  • Clague Middle School
  • Huron High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,977

Year Built

Built in 1981

Lot Details

0

HOA Fees

$6 per month

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Colonial
  • Stories: 2
  • Year Built: 1981
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 103 x 146
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 3936.0
  • General Property Info:Main Level Laundry: Yes
  • General Property Info:Design: Colonial
  • Tax Info:Annual Property Tax: 7977.0
  • Tax Info:Zoning3: R1B
  • Garage Type Attached: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Substructure:Full: Yes
  • Appliances Refrigerators: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: Yes
  • Additional Items:Ceramic Floor: Yes
  • Landscape:Underground Sprinkler: Yes
  • Additional Items:Wood Floor: Yes
  • Windows:Skylight(s): Yes
  • Additional Items:Hot Tub Spa: Yes
  • General Property Info:SqFt Above Grade: 2736.0
  • Additional Items:Carpet Floor: Yes
  • Additional Items:Tile Floor: Yes
  • Additional Items:Vaulted Ceilings: Yes
  • Laundry Features Main Level: Yes
  • General Property Info Elementary School2: King
  • General Property Info High School: Huron
  • General Property Info Middle School2: Clague
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dishwasher, Oven, Range, Refrigerator
  • Interior Amenities: Ceramic Floor, Garage Door Opener, Hot Tub Spa, Wood Floor, Eat-in Kitchen
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Basement: Full
  • LivingArea: 3936.0
  • Window Features: Skylight(s)
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Basement Half Baths: 1
  • Basement Rooms:Basement Finished SQFT: 1200.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Breakfast Nook: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Double Oven: Yes
  • Below Grade Sq Ft: 1200.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: Deck(s)
  • List Price: 494900.0
  • Lot Features: Sidewalk
  • Exterior Material:Vinyl Siding: Yes
  • Exterior Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage: Yes
  • Parking Features: Attached
  • Garage:Garage2: Yes
  • Additional Items:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, 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 Fee: 75.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Info:Approx Assoc Fee2: 75.0
  • Association Info:Assoc Fee Payable: Annually

Schools

  • Elementary School: King
  • High School: Huron
  • Middle/Junior School: Clague

Lot Info

  • Lot Size Acres: 0.34
  • Lot Size Area: 0.34
  • Lot Dimensions: 103 x 146
  • Lot Size Sq Ft: 14723.0
  • Zoning Description: R1B
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7977.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2022
Sold by
Reed Matthew P and Reed Miriam A
Bought by
Reed Matthew P and Manary Miriam A
Current Estimated Value
$816,920

Purchase Details

Listed on
Jun 8, 2013
Closed on
Jul 18, 2013
Sold by
Bigler William W and Bigler Mary A
Bought by
Reed Matthew P and Manary Miriam A
Seller's Agent
Jeffrey Gallatin
Gallatin Realty Co.
Buyer's Agent
Laurie Schultz
Keller Williams Ann Arbor Mrkt
List Price
$459,900
Sold Price
$482,000
Premium/Discount to List
$22,100
4.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.63%
Original Mortgage
$380,000
Interest Rate
3.93%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Reed Matthew P -- --
Reed Matthew P $482,000 Devon Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reed Matthew P $375,000
Previous Owner Reed Matthew P $64,700
Previous Owner Miriam Matthew Reed $375,300
Previous Owner Reed Matthew P $64,680
Previous Owner Reed Matthew P $416,929
Previous Owner Reed Matthew P $380,000
Previous Owner Bigler William W $71,000
Previous Owner Bigler William W $213,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2013 07/18/13 Sold $482,000 +4.8% $122 / Sq Ft
06/20/2013 06/20/13 Pending -- -- --
06/08/2013 06/08/13 For Sale $459,900 -- $117 / 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 $13,385 $331,500 $0 $0
2024 $12,464 $295,400 $0 $0
2023 $11,493 $275,300 $0 $0
2022 $12,524 $273,100 $0 $0
2021 $12,229 $257,000 $0 $0
2020 $11,982 $241,900 $0 $0
2019 $11,403 $249,200 $249,200 $0
2018 $11,242 $234,800 $0 $0
2017 $10,936 $243,200 $0 $0
2016 $9,315 $218,687 $0 $0
2015 $10,048 $218,033 $0 $0
2014 $10,048 $177,152 $0 $0
2013 -- $177,152 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23097047

Southwestern Michigan Association of REALTORS®

APN: 09-23-403-050