NOT LISTED FOR SALE

1237 Island Dr Unit 101 Ann Arbor, MI 48105

Broadway Neighborhood

Estimated Value: $266,670 - $302,000

2 Beds
1 Bath
871 Sq Ft
1964 Built

Highlights

  • In Ground Pool
  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Ann Arbor STEAM at Northside Rated A
  • Home Security System
  • 4-minute walk to Island Park

About This Home

As of May 2016

Walk to U of M Medical Hospitals, Condo was completely remodeled 5 years ago with one occupant since that time. Features new kitchen, new bath, refinished hardwood floors, new windows. Island Dr. borders the Huron River.A fantastic location for Medical school and Residents to walk to the U of M hospitals. This unit Includes one carport. Tenant can put in the lottery for an extra one or space to park. 24 hour notice tenants rights.

Last Agent to Rent the Property

Missy Caulk

Savvy Realty Group License #6502123547 Listed on: 04/16/2016

Last Renter's Agent

No Member

Non Member Sales

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,625

Year Built

  • Built in 1964

Interior Spaces

  • 871 Sq Ft Home
  • 1-Story Property
  • Home Security System

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Carport
  • 1 Parking Garage Space

Pool

  • In Ground Pool

Schools

  • Northside Elementary School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Forced Air Heating System
  • Window Unit Heating System
  • Hot Water Heating System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable/satellite, electric
  • The owner pays for association fees, heat, sewer, snow removal, water

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include lawn/yard care, snow removal, trash, water

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$6,625

Year Built

Built in 1964

Lot Details

0

Rental Info

  • Owner Pays: Association Fees, Heat, Sewer, Snow Removal, Water
  • Tenant Pays: Cable/Satellite, Electric

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential Lease
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1964
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 871.0
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Window Unit(s)2: Yes
  • General Property Info:_pound_ of Assigned Spaces: 1.0
  • Air Conditioning:Wall Unit(s)2: Yes
  • Heat Type:Hot Water2: Yes
  • General Property Info Elementary School2: Northside Elementary School
  • General Property Info Garage YN: No
  • Pet Details No2: Yes
  • Architectural Style:Ranch: Yes
  • Security Features Security System3: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace: No
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 871.0
  • General Property Info:Stories2: 1.0
  • Appliances Provided:Dishwasher2: Yes
  • Appliances Provided:Disposal2: Yes
  • Appliances Provided:Microwave2: Yes
  • Appliances Provided:Refrigerator2: Yes

Exterior Features

  • List Price: 1350.0
  • Pool:In Ground: Yes

Garage/Parking

  • Attached Garage: No
  • Carport: Yes
  • Garage: No
  • Parking Features: Carport
  • Parking Features Carport14: Yes

Utilities

  • Cooling: Wall Unit(s), Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air, Hot Water
  • Heating: Yes
  • Security Features: Security System

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Landlord Provides:Association Fees: Yes
  • Pool:Association2: Yes
  • Other Amenities:Sidewalk2: Yes
  • Other Amenities:Cable Hookup: Yes

Fee Information

  • Association Fee Includes: Lawn/Yard Care, Snow Removal, Trash, Water

Schools

  • Elementary School: Northside Elementary School

Tax Info

  • Tax Year: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2012
Sold by
Mahajan Prashant V and Rao Jayashree N
Bought by
1237 Island Llc
Current Estimated Value
$283,918

Purchase Details

Closed on
Mar 27, 2011
Sold by
Rice Brian R
Bought by
Mahajan Prashant and Rao Jayashree

Purchase Details

Closed on
Jul 16, 2004
Sold by
Padiyar Ramesh and Padiyar Malati R
Bought by
Rice Brian R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,500
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 18, 1996
Sold by
Lin Hua
Bought by
Padiyar Ramesh and Padiyar Malati R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,600
Interest Rate
7.24%
Mortgage Type
Balloon
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
1237 Island Llc -- None Available
Mahajan Prashant $163,000 American Title Co Washtenaw
Rice Brian R $143,500 Capital Title Ins Agency
Padiyar Ramesh $67,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rice Brian R $143,500
Previous Owner Padiyar Ramesh $53,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2016 05/19/16 Rented $1,350 0.0% --
05/19/2016 05/19/16 Under Contract -- -- --
04/16/2016 04/16/16 For Rent $1,350 -- --
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 $6,625 $120,200 $0 $0
2024 $5,566 $118,700 $0 $0
2023 $5,140 $112,800 $0 $0
2022 $6,221 $99,700 $0 $0
2021 $6,045 $105,000 $0 $0
2020 $5,855 $98,700 $0 $0
2019 $5,585 $95,500 $95,500 $0
2018 $5,479 $86,600 $0 $0
2017 $5,286 $90,800 $0 $0
2016 $5,150 $83,240 $0 $0
2015 $4,939 $82,992 $0 $0
2014 $4,939 $80,400 $0 $0
2013 -- $80,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Landlord's Agent in 2016

    Missy Caulk

    Savvy Realty Group

    Section Image

  • N

    Tenant's Agent in 2016

    No Member

    Non Member Sales

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23064935

Southwestern Michigan Association of REALTORS®

APN: 09-21-401-099

Michigan Washtenaw County Ann Arbor 48105 Broadway

1237 Island Dr Unit 101, Ann Arbor, MI

This home is located at 1237 Island Dr Unit 101, Ann Arbor, MI 48105 since 16 April 2016 and is currently priced at $283,918. This property was built in 1964. 1237 Island Dr Unit 101 is a home located in Washtenaw County with nearby schools including Ann Arbor STEAM at Northside, Clague Middle School, and Skyline 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.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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