NOT LISTED FOR SALE

124 Allen Dr Ann Arbor, MI 48103

Vet's Park Triangle Neighborhood

Estimated Value: $395,000 - $500,000

4 Beds
2 Baths
-- Sq Ft
6,839 Sq Ft Lot

Sale Details

Date Sold: October 24, 2024

Last sale price $460,000

Current estimated payment $3,313 / mo

35 Days on Market

Highlights

  • Hot Water Heating System
  • Level Lot
  • Wood Siding
  • Haisley Elementary School Rated A-

About This Home

As of October 2024

Excellent 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

Kirk Glassel

The Charles Reinhart Company License #6501384369 Listed on: 09/03/2024

The Charles Reinhart Company

Last Buyer's Agent

Kirk Glassel

The Charles Reinhart Company License #6501384369 Listed on: 09/03/2024

The Charles Reinhart Company

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

Laundry

  • Laundry in Kitchen

Parking

  • 2 Parking Spaces
  • Gravel Driveway

Schools

  • Haisley Elementary School
  • Slauson 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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,895

Year Built

Built in 1964

Lot Details

6,839 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1964
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • OfficeContract Info:List PriceSqFt2: 306.34
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 49'x140'
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Source:Natural Gas3: Yes
  • Lot Description:Level: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Heat Type:Hot Water: Yes
  • Driveway:Gravel: Yes
  • Substructure:Slab: Yes
  • Driveway:Shared Unpaved: Yes
  • General Property Info Elementary School2: Haisley Elementary School
  • General Property Info High School: Skyline High School
  • General Property Info Middle School2: Slauson Middle School
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Utilities Attached Cable Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Tax Info:Seller_squote_s Annual Property Tax2: 10895.0
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab
  • Basement: No
  • Laundry Features:In Unit: Yes
  • Laundry Features:In Kitchen: Yes

Exterior Features

  • Construction Materials: Block, Wood Siding
  • List Price: 499950.0
  • Lot Features: Level
  • Number of Buildings: 1
  • Roof: Other
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel
  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Hot Water
  • Heating: Yes
  • Laundry Features: In Kitchen, In Unit
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Electricity Connected, Cable Connected

Schools

  • Elementary School: Haisley Elementary School
  • High School: Skyline High School
  • Middle/Junior School: Slauson Middle School

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Dimensions: 49'x140'
  • Lot Size Sq Ft: 6839.0

Rental Info

  • Owner Pays: Trash Collection
  • Tenant Pays: Electric, Water, Sewer, Gas

Multi Family

  • Gross Income: 39000.0
  • Net Operating Income: 28726.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 10895.0
  • Tax Year: 2024

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2024
Closed on
Oct 24, 2024
Sold by
Bought by
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
$458,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,593
Avg. Annual Appreciation
-0.21%
Original Mortgage
$345,000
Outstanding Balance
$341,191
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$117,216

Purchase Details

Listed on
Aug 9, 2018
Closed on
Sep 26, 2018
Sold by
Bought by
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
Bought by

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
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$460,000 None Listed On Document
$300,000 None Available
$178,000 Title Solutions Agency Llc
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $345,000
Previous Owner $174,775
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

    Seller's Agent in 2024

    Kirk Glassel

    The Charles Reinhart Company

    (517) 812-7038

    3 in this area

    174 Total Sales

    Kirk Glassel
    Section Image
  • Jessy Glassel

    Buyer Co-Listing Agent in 2024

    Jessy Glassel

    The Charles Reinhart Company

    (734) 883-3050

    3 in this area

    119 Total Sales

    Jessy Glassel
    Section Image
  • Cristine Wilson

    Seller's Agent in 2018

    Cristine Wilson

    The Charles Reinhart Company

    (734) 669-6818

    36 Total Sales

    Cristine Wilson
    Section Image
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Map

Source: MichRIC

MLS Number: 24046219

MichRIC

APN: 09-30-220-010

Michigan Washtenaw County Ann Arbor 48103 Vet's Park Triangle

124 Allen Dr, Ann Arbor, MI

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.

MichRIC Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.

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