NOT LISTED FOR SALE

1315 Sheehan Ave Ann Arbor, MI 48104

Lower Burns Park Neighborhood

Estimated Value: $589,000 - $610,000

4 Beds
3 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold August 23, 2021

Last sale price $452,500

Est. 32% increase in value since last sale

Current estimated payment $4,118/month

70 Days on Market

Highlights

  • Central Air
  • Laundry Facilities
  • 5-minute walk to Graydon Park
  • Burns Park Elementary School Rated A
  • Wood Siding

About This Home

As of August 2021

This home is located at 1315 Sheehan Ave, Ann Arbor, MI 48104 since 14 June 2021 and is currently estimated at $598,968. This property was built in 1928. 1315 Sheehan Ave is a home located in Washtenaw County with nearby schools including Burns Park Elementary School, Tappan Middle School, and Pioneer High School.

Last Agent to Sell the Property

Jonathan Holton

J Keller Properties, LLC License #6501401243 Listed on: 06/14/2021

Last Buyer's Agent

John Wade

Savarino Properties Inc License #6506029391

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,685

Year Built

  • Built in 1928

Lot Details

  • 2,614

Home Design

  • Slab Foundation
  • Wood Siding

Schools

  • Burns Park Elementary School
  • Tappan Middle School
  • Pioneer High School

Additional Features

  • Basement Fills Entire Space Under The House
  • 2,614 Sq Ft Lot
  • Central Air

Community Details

  • Hamilton Rose & Sheehan Add Subdivision
  • Laundry Facilities
  • Gross Income $38,400

Listing and Financial Details

  • Tenant pays for electric, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,685

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1928
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 9685.0
  • Tax Info:Zoning3: R2A
  • General Property Info:Total _pound_ Units: 1
  • Air Conditioning:Central Air: Yes
  • Substructure:Full: Yes
  • Substructure:Slab: Yes
  • Location Property Info:Subdivision2: Hamilton Rose & Sheehan Add
  • Extras:Laundry Facility: Yes
  • General Property Info Elementary School2: Burns Park
  • General Property Info High School: Pioneer
  • General Property Info Middle School2: Tappan
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab, Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 452500.0
  • Exterior Material:Wood Siding: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Schools

  • Elementary School: Burns Park
  • High School: Pioneer
  • Middle/Junior School: Tappan

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Sq Ft: 2614.0
  • Zoning Description: R2A
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electric, Water

Multi Family

  • Gross Income: 38400.0
  • Number of Units Total: 1

Tax Info

  • Tax Annual Amount: 9685.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2021
Closed on
Aug 20, 2021
Sold by
Young Tiffany and Young Gregory
Bought by
Young Tiffany and Young Gregory
Seller's Agent
Jonathan Holton
J Keller Properties, LLC
Buyer's Agent
John Wade
Savarino Properties Inc
List Price
$465,000
Sold Price
$452,500
Premium/Discount to List
-$12,500
-2.69%
Current Estimated Value
$598,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,468
Avg. Annual Appreciation
7.38%
Original Mortgage
$267,500
Outstanding Balance
$244,464
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$359,354

Purchase Details

Listed on
Aug 13, 2015
Closed on
Oct 28, 2015
Sold by
Cabrio Residential Fund Llc
Bought by
Narens James J and Narens Margot
Seller's Agent
Bennett Borsuk
Cabrio Group LLC
Buyer's Agent
Bennett Borsuk
Cabrio Group LLC
List Price
$749,000
Sold Price
$675,000
Premium/Discount to List
-$74,000
-9.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.64%
Original Mortgage
$253,125
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2013
Sold by
Tcf National Bank
Bought by
Cabrio Residential Fund Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
4.38%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 20, 2012
Sold by
Clark Whereas Francis and Chapman Wendy
Bought by
Tcf National Bank

Purchase Details

Closed on
Jul 12, 2006
Sold by
1315 Sheehan Llc
Bought by
Clark Francis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 2003
Sold by
Wiska Jeffrey R and Wiska Kimberly M
Bought by
1315 Sheehan Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,050
Interest Rate
6.18%
Mortgage Type
Unknown
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
Young Tiffany -- Devon Title Agency
Young Tiffany $452,500 None Available
Narens James J -- Liberty Title
Cabrio Residential Fund Llc $380,000 Liberty Title
Tcf National Bank $175,276 None Available
Clark Francis $196,250 None Available
1315 Sheehan Llc -- Liberty Title Agency
Wiska Jeffrey R -- Liberty Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Tiffany $267,500
Previous Owner Narens James J $253,125
Previous Owner Cabrio Residential Fund Llc $285,000
Previous Owner Clark Francis $185,000
Previous Owner Clark Francis $157,000
Previous Owner Wiska Jeffrey R $120,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2021 08/23/21 Sold $452,500 -2.7% --
08/23/2021 08/23/21 Pending -- -- --
06/14/2021 06/14/21 For Sale $465,000 -31.1% --
10/30/2015 10/30/15 Sold $675,000 -9.9% --
10/30/2015 10/30/15 Pending -- -- --
08/13/2015 08/13/15 For Sale $749,000 -- --
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 $10,547 $208,400 $0 $0
2024 $8,861 $191,800 $0 $0
2023 $8,182 $180,000 $0 $0
2022 $9,903 $149,200 $0 $0
2021 $10,000 $166,200 $0 $0
2020 $9,685 $163,600 $0 $0
2019 $9,239 $156,900 $156,900 $0
2018 $9,064 $151,700 $0 $0
2017 $8,911 $146,800 $0 $0
2016 $8,520 $137,700 $0 $0
2015 $6,046 $102,600 $0 $0
2014 $6,046 $95,831 $0 $0
2013 -- $95,831 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jonathan Holton

    J Keller Properties, LLC

    (734) 625-6452

    4 in this area

    8 Total Sales

    Jonathan Holton
    Section Image

  • J

    Buyer's Agent in 2021

    John Wade

    Savarino Properties Inc

    (734) 994-6050

    3 in this area

    6 Total Sales

    John Wade
    Section Image

  • B

    Seller's Agent in 2015

    Bennett Borsuk

    Cabrio Group LLC

    (248) 613-1637

    6 Total Sales

    Bennett Borsuk
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19971

Southwestern Michigan Association of REALTORS®

APN: 09-33-214-022

Michigan Washtenaw County Ann Arbor 48104 Lower Burns Park

1315 Sheehan Ave, Ann Arbor, MI

This home is located at 1315 Sheehan Ave, Ann Arbor, MI 48104 since 14 June 2021 and is currently estimated at $598,968. This property was built in 1928. 1315 Sheehan Ave is a home located in Washtenaw County with nearby schools including Burns Park Elementary School, Tappan Middle School, and Pioneer 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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