Seller's Agent in 2024
Kirk Glassel
The Charles Reinhart Company
(517) 812-7038
3 in this area
183 Total Sales
124 Allen Dr Ann Arbor, MI 48103
Vet's Park Triangle NeighborhoodEstimated Value: $369,000 - $485,000
4
Beds
2
Baths
--
Sq Ft
6,839
Sq Ft Lot
Highlights
- 1 Fireplace
- Hot Water Heating System
- Wood Siding
- Haisley Elementary School Rated A-
- Level Lot
About This Home
As of October 2024Excellent investment opportunity with this duplex that is 1-mile to the heart of downtown Ann Arbor. Nice gross income and the tenants pay for all utilities and are responsible for lawn care and snow removal. Public transportation is very convenient as well as access to grocery, retail, restaurants, expressways, and more. Home Energy Score of 5. Download the report at stream.a2gov.org.
Last Agent to Sell the Property
The Charles Reinhart Company License #6501384369 Listed on: 09/03/2024
Last Buyer's Agent
The Charles Reinhart Company License #6501384369 Listed on: 09/03/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,895
Year Built
- Built in 1964
Lot Details
- 6,839 Sq Ft Lot
- Lot Dimensions are 49'x140'
- Level Lot
Home Design
- Slab Foundation
- Wood Siding
Interior Spaces
- 1 Fireplace
- Laundry in Kitchen
Parking
- 2 Parking Spaces
- Gravel Driveway
Schools
- Haisley Elementary School
- Slauson Or Forsythe Middle School
- Skyline High School
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Hot Water Heating System
- Natural Gas Connected
- Cable TV Available
Listing and Financial Details
- Tenant pays for electric, water, sewer, gas
- The owner pays for trash collection
Community Details
Overview
- 2 Units
Building Details
- Gross Income $39,000
- Net Operating Income $28,726
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 3, 2024
Closed on
Oct 24, 2024
Sold by
Snkhtchian Levon
Bought by
Levson Capital Holdings Llc
Seller's Agent
Kirk Glassel
The Charles Reinhart Company
Buyer's Agent
Kirk Glassel
The Charles Reinhart Company
List Price
$499,950
Sold Price
$460,000
Premium/Discount to List
-$39,950
-7.99%
Views
5
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,158
Avg. Annual Appreciation
-2.61%
Original Mortgage
$345,000
Outstanding Balance
$341,191
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$104,651
Purchase Details
Listed on
Aug 9, 2018
Closed on
Sep 26, 2018
Sold by
Harvey Kaitlin
Bought by
Sibley Heather H
Seller's Agent
Cristine Wilson
The Charles Reinhart Company
Buyer's Agent
Cristine Wilson
The Charles Reinhart Company
List Price
$300,000
Sold Price
$300,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.30%
Purchase Details
Closed on
Aug 12, 2016
Sold by
The Graydon H Ellis Revocable Trust
Bought by
Harvey Kaitlin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,775
Interest Rate
3.42%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 5, 2010
Sold by
Ellis Graydon H
Bought by
Ellis Graydon H and Graydon H Ellis Jr Revocable Trust
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Levson Capital Holdings Llc | -- | None Listed On Document | |
| Snkhtchian Levon | $460,000 | None Listed On Document | |
| Sibley Heather H | $300,000 | None Available | |
| Harvey Kaitlin | $178,000 | Title Solutions Agency Llc | |
| Ellis Graydon H | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Snkhtchian Levon | $345,000 | |
| Previous Owner | Harvey Kaitlin | $174,775 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/24/2024 10/24/24 | Sold | $460,000 | -8.0% | -- | |
| 09/03/2024 09/03/24 | For Sale | $499,950 | 0.0% | -- | |
| 04/21/2024 04/21/24 | Rented | $1,650 | 0.0% | -- | |
| 01/21/2024 01/21/24 | Price Changed | $1,650 | -2.9% | $2 / Sq Ft | |
| 12/16/2023 12/16/23 | For Rent | $1,700 | +21.4% | -- | |
| 02/18/2022 02/18/22 | Rented | $1,400 | 0.0% | -- | |
| 02/18/2022 02/18/22 | Under Contract | -- | -- | -- | |
| 02/08/2022 02/08/22 | For Rent | $1,400 | 0.0% | -- | |
| 10/01/2018 10/01/18 | Sold | $300,000 | 0.0% | -- | View Prior Sale |
| 09/28/2018 09/28/18 | Pending | -- | -- | -- | |
| 08/09/2018 08/09/18 | For Sale | $300,000 | -- | -- |
Source: MichRIC
Tax History Compared to Growth
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 | $10,040 | $186,900 | $0 | $0 |
| 2024 | $8,592 | $159,500 | $0 | $0 |
| 2023 | $7,971 | $154,300 | $0 | $0 |
| 2022 | $7,453 | $150,300 | $0 | $0 |
| 2021 | $13,761 | $140,700 | $0 | $0 |
| 2020 | $9,301 | $143,300 | $0 | $0 |
| 2019 | $8,872 | $139,500 | $139,500 | $0 |
| 2018 | $6,344 | $149,300 | $0 | $0 |
| 2017 | $6,142 | $109,200 | $0 | $0 |
| 2016 | $3,763 | $68,351 | $0 | $0 |
| 2015 | $4,055 | $68,147 | $0 | $0 |
| 2014 | $4,055 | $66,018 | $0 | $0 |
| 2013 | -- | $66,018 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kirk Glassel
-
Jessy Glassel
Buyer Co-Listing Agent in 2024
Jessy Glassel
The Charles Reinhart Company
(734) 883-3050
3 in this area
133 Total Sales
-
Cristine Wilson
Seller's Agent in 2018
Cristine Wilson
The Charles Reinhart Company
(734) 669-6818
41 Total Sales
Map
Source: MichRIC
MLS Number: 24046219
APN: 09-30-220-010
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.
Information is deemed reliable but not guaranteed.
Copyright 2025 MichRIC, LLC. All rights reserved.
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