NOT LISTED FOR SALE

1327 Heatherwood Ln Unit 54 Ann Arbor, MI 48108

Estimated Value: $274,716 - $280,000

2 Beds
2 Baths
1,252 Sq Ft
1997 Built

Last Sold April 06, 2021

Last sale price $190,000 $152 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,953/month

Highlights

  • Ranch Style House
  • Ground Level Unit
  • 1 Car Detached Garage
  • Bryant Elementary School Rated A-
  • No HOA
  • Porch

About This Home

As of May 2023

Entry level light filled south facing condo in a a private setting backing to woods. This 2 bedroom, 2 bath unit features neutral paint and newer laminate wood throughout and boasts a sunny study off the living room that could serve as a potential third bedroom. Open living area with galley kitchen, plenty of cabinets and counter space with a pass through breakfast bar overlooking the large living and dining area. Off the kitchen is a laundry and a walk-in pantry. Large master bedroom suite with two closets and master bath. Second bedroom is good sized and directly across the hall from its own bathroom. Screen porch off living area a perfect spot for that morning cup of coffee. One car detached garage is truly deep with plenty of storage shelves. Perfect location - New Kohl's, Meijers, Whole Foods, Best Buy ...., Just minutes to Downtown Ann Arber, near parks, and Stonebridge Golfing Community, on the BUS LIN to down town or to U of M.

Last Agent to Rent the Property

Julie Zhu

LT International Realty License #6502392918 Listed on: 04/13/2023

Last Renter's Agent

Angelica Cook

Real Estate One-Brighton License #6501445088

Real Estate One-Brighton

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,757

Year Built

  • Built in 1997 | Remodeled in 2022

Parking

  • 1 Car Detached Garage

Home Design

  • 1,252 Sq Ft Home
  • Ranch Style House
  • Slab Foundation
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Exterior Lighting
  • Porch

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Security Deposit $2,700
  • 12 Month Lease Term
  • 24 Month Lease Term
  • Application Fee: 60.00
  • Assessor Parcel Number L01208260054

Community Details

Overview

  • No Home Owners Association
  • Heatherwood Condo Subdivision
  • On-Site Maintenance

Pet Policy

  • Limit on the number of pets

Recreation

  • Tennis Courts

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,757

Year Built

Built in 1997 | Remodeled in 2022

Lot Details

0

Rental Info

  • Application Fee: 60.00
  • Lease Type: Condominium
  • Rent Includes: Association Fee, Water/Sewer, Snow Removal, Trash Collection (Garbage Pickup), Water, Yard Maintenance
  • Security Deposit: 2700.00

Listing Details

  • Property Type: Condominium
  • Architecture Style: Ranch
  • Architecture Level: 1 Story Ground
  • Year Built: 1997
  • Year Renovated: 2022
  • Entry Location: Ground Level
  • Pets Allowed: Number Limit | Yes
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Room Count: 8
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Sq Ft Combined: 1252
  • Total Sq Ft: 1252

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Vinyl
  • Exterior Features: Grounds Maintenance, Lighting, Tennis Court
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Fee Information

  • Additional Fee: 250.00

Schools

  • School District: Ann Arbor

Lot Info

  • Parcel Number: L01208260054

Multi Family

  • Length of Lease: 12 Months, 13-24 Months, 25-36 Months

MLS Schools

  • School District: Ann Arbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2020
Closed on
Apr 2, 2021
Sold by
Felix Sherry
Bought by
Huang Guolin
Seller's Agent
Carolyn Lepard
The Charles Reinhart Company
Buyer's Agent
No Member
Non Member Sales
List Price
$196,000
Sold Price
$190,000
Premium/Discount to List
-$6,000
-3.06%
Current Estimated Value
$276,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,679
Avg. Annual Appreciation
8.69%

Purchase Details

Closed on
Dec 17, 2018
Sold by
Fox Mark H and Fox Elizabeth M
Bought by
Felix Sherry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 10, 2008
Sold by
Fox Elizabeth M
Bought by
Fox Elizabeth M and Fox Mark H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
May 15, 2008
Sold by
Park Lawrence and Siu Wendy
Bought by
Fox Elizabeth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 30, 2003
Sold by
Desue John L and Desue Susan
Bought by
Park Lawrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 1, 1997
Sold by
Heatherwood Of Ann Arbor
Bought by
Desue John L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
6.88%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Huang Guolin $190,000 Liberty Title
Felix Sherry $190,000 None Available
Fox Elizabeth M -- None Available
Fox Elizabeth M $125,000 None Available
Park Lawrence $169,000 --
Desue John L $119,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Felix Sherry $142,500
Previous Owner Fox Elizabeth M $100,000
Previous Owner Park Lawrence $120,000
Previous Owner Desue John L $112,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/01/2023 05/01/23 Rented $1,800 0.0% --
04/13/2023 04/13/23 For Rent $1,800 +12.5% --
06/30/2021 06/30/21 Rented $1,600 0.0% --
06/02/2021 06/02/21 Under Contract -- -- --
05/04/2021 05/04/21 For Rent $1,600 0.0% --
04/06/2021 04/06/21 Sold $190,000 -3.1% $152 / Sq Ft View Prior Sale
03/21/2021 03/21/21 Pending -- -- --
11/02/2020 11/02/20 For Sale $196,000 -- $157 / Sq Ft
Source: Realcomp

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 $5,757 $124,347 $0 $0
2024 $3,649 $114,200 $0 $0
2023 $3,481 $103,500 $0 $0
2022 $5,551 $98,500 $0 $0
2021 $5,254 $98,800 $0 $0
2020 $5,083 $97,500 $0 $0
2019 $4,815 $90,000 $90,000 $0
2018 $2,253 $85,800 $0 $0
2017 $2,183 $82,900 $0 $0
2016 $1,402 $55,128 $0 $0
2015 -- $54,964 $0 $0
2014 -- $53,248 $0 $0
2013 -- $53,248 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230027525

Realcomp

APN: 12-08-260-054