$101,000
SOLD FEB 10, 2012

1265 Joyce Ln Unit 6 Ann Arbor, MI 48103

2 Beds
2 Baths
1,160 Sq Ft
$76/mo HOA Fee

Recently Sold

$87 Per Sq Ft

14% Below List Price

107 Days on Market

Highlights

  • Deck
  • 1 Car Detached Garage
  • Living Room
  • Lakewood Elementary School Rated A-
  • Eat-In Kitchen
  • Ceramic Tile Flooring

About This Home

As of February 2012

Great Condo On Ann Arbor's West Side. Walnut Glen Condo Community.New Caprets, And Freshly Painted. 2 Bedroom With Master Bath. 2nd Floor Corner Unit With Screened Deck. Very Close To Shops And Restaurants, And The Bus Line. This Is A Fannie Mae Homepath Property. Purchase This Condo For As Little As 3% Down. This Property Is Approved For Homepath And Renovation Mortgage Financing. Visit Homepath.Com For More Details.

Last Agent to Sell the Property

Kirk Keebler

Jodie Franklin Realty LLC License #6501357854 Listed on: 10/25/2011

Last Buyer's Agent

Allison Fishwick

Howard Hanna Real Estate License #6506043205

Howard Hanna Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,765

Year Built

  • Built in 2002

HOA Fees

  • $76 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,160 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Living Room
  • Eat-In Kitchen

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Lakewood Elementary School
  • Slauson Middle School
  • Pioneer High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Deck
  • Property fronts a private road

Listing and Financial Details

  • REO, home is currently bank or lender owned

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,765

Year Built

Built in 2002

Lot Details

0

HOA Fees

$76 per month

Parking

1

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 2002
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:New Construction2: No
  • General Property Info:Total Fin SqFt All Levels: 1160.0
  • Tax Info:Annual Property Tax: 1765.0
  • Tax Info:Zoning3: Res
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Additional Items:Window Treatments: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1160.0
  • General Property Info Elementary School2: Lakewood Elementary School
  • General Property Info High School: Pioneer High School
  • General Property Info Middle School2: Slauson Middle School
  • General Property Info Garage YN: Yes
  • Flooring:Carpet Floor: Yes
  • Flooring:Tile Floor: Yes
  • Flooring:Ceramic Floor: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Ceramic Tile, Tile
  • Interior Amenities: Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • LivingArea: 1160.0
  • Window Features: Window Treatments
  • General Property Info:Stories2: 2.0
  • Kitchen Features:Eating Area: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 103000.0
  • Lot Features: Sidewalk
  • Patio and Porch Features: Deck
  • Road Frontage Type: Private Road
  • Exterior Material:Vinyl Siding: Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 228.0
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 228.0
  • Association Info:Assoc Fee Payable: Quarterly

Schools

  • Elementary School: Lakewood Elementary School
  • High School: Pioneer High School
  • Middle/Junior School: Slauson Middle School

Lot Info

  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1765.0
  • Tax Year: 11

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
$279,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,574
Avg. Annual Appreciation
7.74%
Original Mortgage
$70,000
Outstanding Balance
$48,258
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$229,871

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:

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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 Type Sale Price Title Company
Deed $101,000 Etitle Agency Inc
Sheriffs Deed $145,722 None Available
Quit Claim Deed -- Great Lakes Title Michigan
Interfamily Deed Transfer -- Great Lakes Title Of Mi
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $70,000 New Conventional
Previous Owner $135,200 Unknown
Previous Owner $25,350 Credit Line Revolving
Previous Owner $162,000 Fannie Mae Freddie Mac
Previous Owner $128,000 Credit Line Revolving
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
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 -- $125,800 $0 $0
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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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23095780

Southwestern Michigan Association of REALTORS®

APN: 08-36-230-006