NOT LISTED FOR SALE

1265 Joyce Ln Unit 6 Ann Arbor, MI 48103

Estimated Value: $260,000 - $281,000

2 Beds
2 Baths
1,160 Sq Ft
$234/Sq Ft Est. Value

Last Sold February 10, 2012

Last sale price $101,000 $87 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $1,650/month

About This Home

As of February 2012

Fantastic 2 bedroom, 2 bath condo on Ann Arbor's West Side in Walnut Glen. Super clean and move in ready. 2nd floor corner unit with screened in balcony and all appliances included. 1 car garage. Tenant pays all utilities. 1st month rent, 1.5 months rent as security deposit and $200 non refundable cleaning fee moves you in. Rental application, current credit report with score and copies of last 2 paystubs required for consideration. No pets / no smokers.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2011
Closed on
Feb 9, 2012
Sold by
Fannie Mae
Bought by
Spain John
Seller's Agent
Kirk Keebler
Jodie Franklin Realty LLC
Buyer's Agent
Allison Fishwick
Howard Hanna Real Estate
List Price
$118,000
Sold Price
$101,000
Premium/Discount to List
-$17,000
-14.41%
Current Estimated Value
$271,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,981
Avg. Annual Appreciation
7.66%
Original Mortgage
$70,000
Outstanding Balance
$48,775
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$221,099

Purchase Details

Closed on
Jan 13, 2011
Sold by
Brown Dean K and Brown Il Im
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 23, 2005
Sold by
Baek Jung Lee and Baek Young
Bought by
Brown Dean K and Brown Il Im

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
8.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 18, 2005
Sold by
Baek Sandra E and Baek Jung Lee
Bought by
Baek Jung Lee and Brown Dean K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.05%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Spain John $101,000 Etitle Agency Inc
Federal National Mortgage Association $145,722 None Available
Brown Dean K -- Great Lakes Title Michigan
Baek Jung Lee -- Great Lakes Title Of Mi
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spain John $70,000
Previous Owner Brown Dean K $135,200
Previous Owner Brown Dean K $25,350
Previous Owner Brown Dean K $162,000
Previous Owner Baek Sandra E $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2014 06/30/14 Rented $1,395 0.0% --
06/02/2014 06/02/14 Under Contract -- -- --
05/05/2014 05/05/14 For Rent $1,395 +16.3% --
04/26/2012 04/26/12 Rented $1,200 0.0% --
03/19/2012 03/19/12 Under Contract -- -- --
02/29/2012 02/29/12 For Rent $1,200 0.0% --
02/10/2012 02/10/12 Sold $101,000 -14.4% $87 / Sq Ft
02/09/2012 02/09/12 Pending -- -- --
10/25/2011 10/25/11 For Sale $118,000 -- $102 / 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
2024 $2,483 $123,800 $0 $0
2023 $2,369 $97,400 $0 $0
2022 $3,641 $98,600 $0 $0
2021 $3,471 $97,100 $0 $0
2020 $3,460 $94,300 $0 $0
2019 $3,235 $88,200 $88,200 $0
2018 $3,143 $84,300 $0 $0
2017 $3,008 $79,600 $0 $0
2016 $1,920 $59,532 $0 $0
2015 -- $59,354 $0 $0
2014 -- $57,500 $0 $0
2013 -- $57,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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