NOT LISTED FOR SALE

1229 Island Dr Unit 101 Ann Arbor, MI 48105

Broadway Neighborhood

Estimated Value: $264,572 - $316,000

2 Beds
1 Bath
871 Sq Ft
$340/Sq Ft Est. Value

Last Sold May 30, 2018

Last sale price $245,000 $281 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,236/month

About This Home

As of May 2018

Great opportunity to lease this unique, 2 bedroom plus study, Riverhouse condo. Walk to Fuller Park, University Hospital, UM Main Campus and so much more! This centrally located entry level unit features a rare bonus room that is perfect as a private study/flex space. This condo also boasts a light-filled living room with built-ins, hardwood floors, and access to the patio which is just steps to the well maintained community pool! Amenities include: storage unit, parking pass, laundry facilities and community pool. Rent includes water and heat. Sorry, no pets.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2018
Closed on
May 18, 2018
Sold by
Bateman Donald Andrew and Bateman Mary Arune
Bought by
Crispin Deborah
Seller's Agent
Elizabeth Brien
The Charles Reinhart Company
Buyer's Agent
Martin Bouma
Keller Williams Ann Arbor Mrkt
List Price
$239,000
Sold Price
$245,000
Premium/Discount to List
$6,000
2.51%
Current Estimated Value
$295,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,893
Avg. Annual Appreciation
2.71%

Purchase Details

Closed on
Nov 28, 2016
Sold by
Bateman Donald and Bateman Mary
Bought by
Bateman Donald Andrew and Bateman Mary Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 13, 2015
Closed on
May 8, 2015
Sold by
Revocabl Chapman Christopher H and Revocabl Christopher H Chapman
Bought by
Bateman Donald and Bateman Mary
Seller's Agent
Linda Lombardini
Trillium Real Estate
Buyer's Agent
Elizabeth Martin
Howard Hanna Real Estate
List Price
$180,000
Sold Price
$185,000
Premium/Discount to List
$5,000
2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.74%

Purchase Details

Closed on
Dec 29, 2009
Sold by
Chapman Christopher H
Bought by
Revocabl Chapman Christopher H and Revocabl Christopher H Chapamn

Purchase Details

Closed on
May 19, 2009
Sold by
Streeter Cory William and Streeter Leslie Ann
Bought by
Chapman Christopher H
Source: Public Records

Range of Values:

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ICE

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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
Crispin Deborah $245,000 Preferred Title
Bateman Donald Andrew -- None Available
Bateman Donald $185,000 None Available
Revocabl Chapman Christopher H -- None Available
Chapman Christopher H $155,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bateman Donald Andrew $138,750
Previous Owner Chapman Christopher Hans $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2023 05/12/23 Rented $1,800 0.0% --
05/11/2023 05/11/23 Under Contract -- -- --
05/11/2023 05/11/23 For Rent $1,800 +9.1% --
06/17/2022 06/17/22 Rented $1,650 0.0% --
04/08/2022 04/08/22 Under Contract -- -- --
03/25/2022 03/25/22 For Rent $1,650 +6.5% --
08/26/2021 08/26/21 Rented $1,550 0.0% --
07/20/2021 07/20/21 Under Contract -- -- --
07/19/2021 07/19/21 For Rent $1,550 0.0% --
07/31/2020 07/31/20 Rented $1,550 -3.1% --
07/27/2020 07/27/20 Under Contract -- -- --
07/08/2020 07/08/20 For Rent $1,600 0.0% --
08/08/2018 08/08/18 Rented $1,600 0.0% --
08/08/2018 08/08/18 Under Contract -- -- --
07/09/2018 07/09/18 For Rent $1,600 0.0% --
05/30/2018 05/30/18 Sold $245,000 +2.5% $280 / Sq Ft
05/29/2018 05/29/18 Pending -- -- --
05/09/2018 05/09/18 For Sale $239,000 +29.2% $273 / Sq Ft
05/08/2015 05/08/15 Sold $185,000 +2.8% $212 / Sq Ft
04/15/2015 04/15/15 Pending -- -- --
03/13/2015 03/13/15 For Sale $180,000 -- $207 / Sq Ft

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 $7,130 $122,900 $0 $0
2024 $5,990 $121,400 $0 $0
2023 $5,531 $115,200 $0 $0
2022 $6,695 $101,700 $0 $0
2021 $6,506 $106,800 $0 $0
2020 $6,301 $100,300 $0 $0
2019 $6,010 $94,500 $94,500 $0
2018 $4,272 $85,600 $0 $0
2017 $5,436 $89,300 $0 $0
2016 $4,230 $85,600 $0 $0
2015 $3,694 $80,150 $0 $0
2014 $3,694 $77,646 $0 $0
2013 -- $77,646 $0 $0
Source: Public Records

Agents Affiliated with this Home

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