$849,900
$100K PRICE DROP

1324 Wells St Ann Arbor, MI 48104

North Burns Park Neighborhood

Estimated payment $6,585/month

Total Views 11,319
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Level Lot
  • Burns Park Elementary School Rated A
  • High Speed Internet

About This Home

Rare Burns Park 1927 Duplex on large lot. Lower unit rented ($2,600/mo) thru August 2025, upper is vacant and ready to go. Two @1050 sq ft 2/1 units. Completely redone inside and out - NEW siding, roof, concrete,original hardwood floors just refinished, new kitchens and much more. Home offers original charm with beautiful hearth, original woodwork, each unit offers a screened sitting porch for those hot summer evenings. Historic out building, large yard. Walkout basement could be third unit. Located in the heart of Burns Park one block to elementary school and Packard St. Easy walk or bus to University of Michigan campus. There is one set of utilities for both units, common laundry in basement. Don't miss this opportunity for a turn key investment in Burns Park!

Listing Agent

Andrew Piper

@properties Christie's Int'lAA License #6501323056 Listed on: 05/02/2025

@properties Christie's Int'lAA

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 7,884 Sq Ft Lot
  • Lot Dimensions are 64 x 123
  • Level Lot

Home Design

  • Composition Roof

Interior Spaces

  • 1 Fireplace

Laundry

  • Sink Near Laundry
  • Washer and Gas Dryer Hookup

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 2 Parking Spaces
  • Driveway

Schools

  • Burns Park Elementary School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Community Details

Overview

  • 2 Units
  • Built by built in 1927
  • Burns Park Subdivision

Building Details

  • Gross Income $5,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1927
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 64 x 123
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 24423.7
  • Tax Info:Zoning3: R2A
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Lot Description:Level: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Util Avail at Street:Broadband: Yes
  • Location Property Info:Subdivision2: Burns Park
  • Location Property Info:Builder Name: built in 1927
  • Laundry Features In Basement: Yes
  • Laundry Features Sink: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Lower Level: Yes
  • Laundry Features Washer Hookup: Yes
  • General Property Info Elementary School2: Burns Park Elementary School
  • Laundry Features Electric Dryer Hookup: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Cable Available: Yes
  • Util Avail at Street Phone Available: Yes
  • Utilities Attached Cable Connected: Yes
  • Utilities Attached Phone Connected: Yes
  • Substructure Walk-Out Access2: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Broadband
  • Fireplaces: 1
  • Basement: Full, Walk-Out Access
  • Basement: Yes

Exterior Features

  • Builder Name: built in 1927
  • Construction Materials: Other
  • List Price: 849900.0
  • Lot Features: Level, Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, In Basement, Lower Level, Sink, Washer Hookup
  • Sewer: Public Sewer
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected, Storm Sewer

Schools

  • Elementary School: Burns Park Elementary School

Lot Info

  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Dimensions: 64 x 123
  • Lot Size Sq Ft: 7884.0
  • Zoning Description: R2A

Rental Info

  • Owner Pays: Trash Collection, Electricity, Water, Sewer, Gas
  • Tenant Pays: None

Multi Family

  • Gross Income: 5200.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 24423.7
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $22,540 $408,400 $0 $0
2024 $18,937 $368,100 $0 $0
2023 $17,486 $334,800 $0 $0
2022 $13,763 $330,400 $0 $0
2021 $13,374 $314,200 $0 $0
2020 $12,953 $309,200 $0 $0
2019 $12,355 $303,800 $303,800 $0
2018 $12,122 $293,300 $0 $0
2017 $11,694 $261,100 $0 $0
2016 $11,395 $184,156 $0 $0
2015 $10,927 $183,606 $0 $0
2014 $10,927 $177,870 $0 $0
2013 -- $177,870 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 Price Changed $849,900 -5.6% $399 / Sq Ft
06/02/2025 06/02/25 Price Changed $899,900 -5.3% $422 / Sq Ft
05/02/2025 05/02/25 For Sale $950,000 -- $446 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- First American Title
Warranty Deed $700,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $250,000 New Conventional
Source: Public Records

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 25018993

Southwestern Michigan Association of REALTORS®

APN: 09-33-230-015

Michigan Washtenaw County Ann Arbor 48104 North Burns Park

1324 Wells St, Ann Arbor, MI

This home is located at 1324 Wells St, Ann Arbor, MI 48104 and is currently priced at $849,900. This property was built in 1927. 1324 Wells St 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.
Copyright 2025 MichRIC, LLC. All rights reserved.

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Andrew Piper
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Andrew Piper
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@properties Christie's Int'lAA
(734) 521-4851