NOT LISTED FOR SALE

1316 Wright St Ann Arbor, MI 48105

Northern Ann Arbor Neighborhood

Estimated Value: $501,000 - $560,000

4 Beds
2 Baths
-- Sq Ft
7,841 Sq Ft Lot

Last Sold June 29, 2021

Last sale price $483,500

Est. 12% increase in value since last sale

Current estimated payment $3,592/month

3 Days on Market

Highlights

  • Central Air
  • Community Storage Space
  • 1-minute walk to Beckley Park
  • Ann Arbor STEAM at Northside Rated A
  • Wood Siding

About This Home

As of June 2021

This home is located at 1316 Wright St, Ann Arbor, MI 48105 since 21 May 2021 and is currently estimated at $542,166. This property was built in 1964. 1316 Wright St is a home located in Washtenaw County with nearby schools including Ann Arbor STEAM at Northside, Clague Middle School, and Skyline High School.

Last Agent to Sell the Property

Thomas Racine

Century 21 Affiliated License #6501210978 Listed on: 05/21/2021

Century 21 Affiliated

Last Buyer's Agent

Thomas Racine

Century 21 Affiliated License #6501210978 Listed on: 05/21/2021

Century 21 Affiliated

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,555

Year Built

  • Built in 1964

Lot Details

  • 7,841

Home Design

  • Slab Foundation
  • Wood Siding

Schools

  • Ann Arbor Steam @ Northside Elementary School
  • Clague Middle School
  • Skyline High School

Additional Features

  • Lot Dimensions are 59 x 132
  • Central Air

Listing and Financial Details

  • Tenant pays for electric

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units

Amenities

  • Community Storage Space

Building Details

  • Insurance Expense $1,900
  • Gross Income $43,130

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,555

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1964
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:Lot Dimensions: 59 x 132
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 5555.0
  • Tax Info:Zoning3: R2A
  • General Property Info:Total _pound_ Units: 2
  • Air Conditioning:Central Air: Yes
  • Substructure:Slab: Yes
  • General Property Info Elementary School2: Ann Arbor STEAM @ Northside
  • General Property Info High School: Skyline
  • General Property Info Middle School2: Clague
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab
  • Basement: No

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 449000.0
  • Exterior Material:Wood Siding: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association Amenities: Storage
  • Association: Yes

Association/Amenities

  • Assoc Amenities:Storage: Yes

Schools

  • Elementary School: Ann Arbor STEAM @ Northside
  • High School: Skyline
  • Middle/Junior School: Clague

Lot Info

  • Lot Dimensions: 59 x 132
  • Zoning Description: R2A
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electric

Multi Family

  • Gross Income: 43130.0
  • Insurance Expense: 1900.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 5555.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 2022
Sold by
Yin Topini and Yin Tracy
Bought by
Yu Haiwen and Topini Monica
Current Estimated Value
$542,166

Purchase Details

Listed on
May 21, 2021
Closed on
Jun 29, 2021
Sold by
Phillips John S
Bought by
Topini Guido and Topini Tracy Yin
Seller's Agent
Thomas Racine
Century 21 Affiliated
Buyer's Agent
Thomas Racine
Century 21 Affiliated
List Price
$449,000
Sold Price
$483,500
Premium/Discount to List
$34,500
7.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.71%
Original Mortgage
$185,000
Interest Rate
2.9%
Mortgage Type
Closed End Mortgage

Purchase Details

Closed on
May 24, 2016
Sold by
Philips Reginald W and Philips Narian
Bought by
Phillips John S

Purchase Details

Closed on
Dec 20, 1996
Sold by
Phillips Reginald W
Bought by
Phillips John

Purchase Details

Closed on
Apr 14, 1995
Sold by
Phillips Reginald W
Bought by
Phillips John S
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
Yu Haiwen -- None Listed On Document
Topini Guido $483,500 None Available
Phillips John S -- None Available
Phillips John $20,000 --
Phillips John S $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Topini Guido $185,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2021 06/29/21 Sold $483,500 +7.7% --
05/24/2021 05/24/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $449,000 0.0% --
05/03/2021 05/03/21 Rented $1,750 0.0% --
03/25/2021 03/25/21 Under Contract -- -- --
03/11/2021 03/11/21 For Rent $1,750 -10.3% --
09/18/2018 09/18/18 Rented $1,950 0.0% --
09/18/2018 09/18/18 Under Contract -- -- --
05/18/2018 05/18/18 For Rent $1,950 +8.3% --
08/23/2017 08/23/17 Rented $1,800 -7.7% --
07/13/2017 07/13/17 Under Contract -- -- --
03/22/2017 03/22/17 For Rent $1,950 -- --
Source: MichRIC

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 $8,981 $192,700 $0 $0
2024 $7,545 $148,300 $0 $0
2023 $6,967 $133,400 $0 $0
2022 $8,549 $128,800 $0 $0
2021 $5,736 $117,400 $0 $0
2020 $5,556 $115,800 $0 $0
2019 $5,300 $111,300 $111,300 $0
2018 $5,199 $122,200 $0 $0
2017 $5,016 $119,900 $0 $0
2016 $3,903 $78,992 $0 $0
2015 $4,687 $78,756 $0 $0
2014 $4,687 $76,296 $0 $0
2013 -- $76,296 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Thomas Racine

    Seller's Agent in 2021

    Thomas Racine

    Century 21 Affiliated

    (734) 657-3954

    1 in this area

    19 Total Sales

    Thomas Racine
    Section Image

  • N

    Buyer's Agent in 2018

    No Member

    Non Member Sales

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Map

Source: MichRIC

MLS Number: 18187

MichRIC

APN: 09-21-310-011

Michigan Washtenaw County Ann Arbor 48105 Northern Ann Arbor

1316 Wright St, Ann Arbor, MI

This home is located at 1316 Wright St, Ann Arbor, MI 48105 since 21 May 2021 and is currently estimated at $542,166. This property was built in 1964. 1316 Wright St is a home located in Washtenaw County with nearby schools including Ann Arbor STEAM at Northside, Clague Middle School, and Skyline 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.

MichRIC Information is deemed reliable but not guaranteed.
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