NOT LISTED FOR SALE

1227 S University Ave Ann Arbor, MI 48104

Downtown Ann Arbor Neighborhood
-- Bed
-- Bath
2,000 Sq Ft
0.52 Acres

About This Home

This home is located at 1227 S University Ave, Ann Arbor, MI 48104. 1227 S University 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 15, 2006
Sold by
University Towers Llc
Bought by
University Towers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,500,000
Outstanding Balance
$17,733,250
Interest Rate
6.2%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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 Buyer Sale Price Title Company
University Towers Llc -- Liberty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open University Towers Llc $31,500,000
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 $514,303 $35,451,400 $0 $0
2024 $432,093 $33,971,700 $0 $0
2023 $398,990 $33,403,600 $0 $0
2022 $482,905 $33,461,700 $0 $0
2021 $469,265 $31,796,600 $0 $0
2020 $454,495 $27,846,900 $0 $0
2019 $433,523 $27,190,300 $27,190,300 $0
2018 $425,335 $23,555,900 $0 $0
2017 $410,314 $21,554,200 $0 $0
2016 $400,085 $6,461,509 $0 $0
2015 $380,260 $6,442,183 $0 $0
2014 $380,260 $6,085,099 $0 $0
2013 -- $6,085,099 $0 $0
Source: Public Records

Map

Michigan Washtenaw County Ann Arbor 48104 Downtown Ann Arbor

1227 S University Ave, Ann Arbor, MI

This home is located at 1227 S University Ave, Ann Arbor, MI 48104. 1227 S University Ave is a home located in Washtenaw County with nearby schools including Burns Park Elementary School, Tappan Middle School, and Pioneer High School.

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