NOT LISTED FOR SALE

1225 Prospect Ave Ann Arbor, MI 48104

East Packard Neighborhood

Estimated Value: $707,000 - $805,000

5 Beds
3 Baths
1,144 Sq Ft
$681/Sq Ft Est. Value

About This Home

This home is located at 1225 Prospect Ave, Ann Arbor, MI 48104 and is currently estimated at $779,053, approximately $680 per square foot. 1225 Prospect Ave is a home located in Washtenaw County with nearby schools including Burns Park Elementary School, Tappan Middle School, and Pioneer High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 2024
Sold by
1225 Prospect Rental Llc
Bought by
Elahi H Damian
Current Estimated Value
$779,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$590,583
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$203,413

Purchase Details

Closed on
Jul 14, 2020
Sold by
Choi Joong Seon and Choi Seong Won
Bought by
1225 Prospect Rental Llc

Purchase Details

Closed on
Mar 20, 2020
Sold by
Alawi Zaki
Bought by
Choi Joong Seon and Choi Seong Won

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$459,750
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2006
Sold by
Alawi Catherine
Bought by
Alawi Zaki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,600
Interest Rate
5.35%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 14, 2005
Sold by
Deininger & Johnson Partnership
Bought by
Alawi Zaki and Alawi Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.93%
Mortgage Type
Unknown
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
Elahi H Damian $750,000 Devon Title
1225 Prospect Rental Llc -- Devon Title Agency
Choi Joong Seon -- Devon Title Agency
Alawi Zaki -- None Available
Alawi Zaki $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elahi H Damian $600,000
Previous Owner Choi Joong Seon $459,750
Previous Owner Choi Joong Seon $450,750
Previous Owner Alawi Zaki $414,000
Previous Owner Alawi Zaki $347,500
Previous Owner Alawi Zaki $345,600
Previous Owner Alawi Zaki $240,000
Source: Public Records

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 $10,900 $196,200 $0 $0
2024 $9,157 $183,700 $0 $0
2023 $8,456 $161,900 $0 $0
2022 $12,193 $183,700 $0 $0
2021 $12,499 $187,600 $0 $0
2020 $9,198 $181,600 $0 $0
2019 $9,092 $184,000 $184,000 $0
2018 $8,608 $182,600 $0 $0
2017 $8,304 $163,000 $0 $0
2016 $8,091 $130,766 $0 $0
2015 $7,759 $130,375 $0 $0
2014 $7,759 $126,302 $0 $0
2013 -- $126,302 $0 $0
Source: Public Records

Map

Michigan Washtenaw County Ann Arbor 48104 East Packard

1225 Prospect Ave, Ann Arbor, MI

This home is located at 1225 Prospect Ave, Ann Arbor, MI 48104 and is currently estimated at $779,053, approximately $680 per square foot. 1225 Prospect Ave is a home located in Washtenaw County with nearby schools including Burns Park Elementary School, Tappan Middle School, and Pioneer High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes