NOT LISTED FOR SALE

1229 Island Dr Unit 203 Ann Arbor, MI 48105

Broadway Neighborhood

Estimated Value: $259,670 - $303,000

2 Beds
1 Bath
868 Sq Ft
$189/mo HOA Fee

Last Sold June 03, 2015

Last sale price $182,000 $210 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,425/month

35 Days on Market

Highlights

  • Wood Flooring
  • Community Pool
  • Forced Air Heating and Cooling System
  • Ann Arbor STEAM at Northside Rated A
  • Patio
  • 4-minute walk to Island Park

About This Home

As of June 2015

This River House condominium is as convenient as possible to the U of M medical campus. It is across the street from Island Park, where there is a river, picnic tables, a playground, etc. This unit has hardwood floors, two bedrooms, one full bath, a kitchen with some updates, a spacious eating area and a little balcony. The laundry room is outside of the building at the entry level. This unit is on the second floor.

Last Agent to Sell the Property

Kathy Jackson

Howard Hanna Real Estate License #6502365484 Listed on: 04/28/2015

Last Buyer's Agent

Martin Bouma

Keller Williams Ann Arbor Mrkt License #6501205750

Keller Williams Ann Arbor Mrkt

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,195

Year Built

  • Built in 1964

HOA Fees

  • $189 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 868 Sq Ft Home
  • 1-Story Property
  • Laundry on main level

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio

Schools

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

Utilities

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

Community Details

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,195

Year Built

Built in 1964

Lot Details

0

HOA Fees

$189 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • Stories: 1
  • Year Built: 1964
  • ResoPropertyType: Residential
  • Appliances Refrigerators: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Oven, Range, Refrigerator
  • Interior Amenities: Ceramic Floor, Wood Floor
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Slab
  • LivingArea: 868.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Patio
  • List Price: 180000.0
  • Lot Features: Sidewalk, Site Condo
  • Exterior Features:Patio: Yes

Garage/Parking

  • Garage: No
  • Garage:Garage2: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Hot Water, 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 Amenities: Pool
  • Association Fee: 189.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 189.0
  • Association Info:Assoc Fee Payable: Monthly
  • Assoc Amenities:Pool: Yes

Schools

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

Lot Info

  • Zoning Description: R4A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3195.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2022
Sold by
Henry Kuang
Bought by
Bao Jiangyin and Chen Zhimin
Current Estimated Value
$289,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,525
Outstanding Balance
$175,090
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$114,828

Purchase Details

Listed on
Apr 28, 2015
Closed on
Jun 3, 2015
Sold by
Lumeng Carey Nien Kai and Lumeng Julie
Bought by
Kuang Henry
Seller's Agent
Kathy Jackson
Howard Hanna Real Estate
Buyer's Agent
Martin Bouma
Keller Williams Ann Arbor Mrkt
List Price
$180,000
Sold Price
$182,000
Premium/Discount to List
$2,000
1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.73%
Original Mortgage
$145,600
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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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
Bao Jiangyin $244,700 None Listed On Document
Kuang Henry $182,000 Barristers Settlement & Titl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bao Jiangyin $183,525
Previous Owner Kuang Henry $145,600
Previous Owner Lumeng Carey N $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2015 06/03/15 Sold $182,000 +1.1% $210 / Sq Ft
06/02/2015 06/02/15 Pending -- -- --
04/28/2015 04/28/15 For Sale $180,000 -- $207 / 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 $7,540 $119,300 $0 $0
2024 $6,335 $117,900 $0 $0
2023 $5,850 $112,000 $0 $0
2022 $4,770 $99,000 $0 $0
2021 $4,657 $104,300 $0 $0
2020 $4,563 $98,100 $0 $0
2019 $4,343 $95,000 $95,000 $0
2018 $4,282 $85,800 $0 $0
2017 $4,296 $89,600 $0 $0
2016 $3,659 $85,900 $0 $0
2015 $3,194 $53,677 $0 $0
2014 $3,194 $52,000 $0 $0
2013 -- $52,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23078483

Southwestern Michigan Association of REALTORS®

APN: 09-21-401-114