NOT LISTED FOR SALE

1338 N Bay Dr Unit 141 Ann Arbor, MI 48103

Estimated Value: $564,000 - $586,000

5 Beds
3.5 Baths
2,260 Sq Ft
$255/Sq Ft Est. Value

Last Sold December 28, 2018

Last sale price $380,000 $168 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,596/month

53 Days on Market

Highlights

  • Contemporary Architecture
  • 2 Car Direct Access Garage
  • Patio
  • Lakewood Elementary School Rated A-
  • Porch
  • Forced Air Heating and Cooling System

About This Home

As of December 2018

Located in popular Hometown Village subdivision, a family friendly neighborhood with a playground and access to walking trails, this 2-story 2260 SqFt contemporaty house has 5 bedroom 3 1/2 bath is ready to go!
10 Foot ceiling, freshly painted, hardwood floor throughout first floor. It features a den, spacious great room with fireplace and build-in bookshelves, and kitchen with center island and nook on the main level.
Spacious master suite with walk-in closets and master bath, plus 3 additional bedrooms and a hall bath on the second floor. Fully-finished basement has one additional bedroom, a full bath, and a large open space.
You will have plenty of room for all of your needs.
Close to downtown, shopping, highways, public utilities, and fantastic Ann Arbor schools, everything Ann Arbor has to offer yet with low township taxes.

Last Agent to Sell the Property

Jeffry Kermath

Kermath Realty LLC License #6502334057 Listed on: 10/09/2018

Last Buyer's Agent

Nancy Bishop

The Charles Reinhart Company License #6506044662

The Charles Reinhart Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2004

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 52x125

HOA Fees

  • $80 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,260 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Great Room with Fireplace
  • Partially Finished Basement
  • Natural lighting in basement

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Porch

Utilities

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

Community Details

  • Hometown Village Of Ann Arbor Subdivision

Listing and Financial Details

  • Assessor Parcel Number H00836295141

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,859

Year Built

Built in 2004

Lot Details

0

HOA Fees

$80 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Contemporary
  • Architecture Level: 2 Story
  • Assessment: 206.76
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Room Count: 15
  • Total Bedrooms: 5
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Daylight, Partially Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Washer
  • Sq Ft Combined: 2996
  • Sq Ft Lower Floor: 736
  • Total Sq Ft: 2260
  • Sq Ft Total Bsmt: 1106

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl, Wood
  • Foundation Materials: Poured
  • Frontage Feet: 52
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Detached, Direct Access, Door Opener, Electricity
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fee: 80
  • Association Fee: Yes

Schools

  • School District: Ann Arbor

Lot Info

  • Homestead: Yes
  • List Price per Acre: 2487500.0000
  • Lot Size Area: 0.16
  • Lot Dimensions: 52x125
  • Parcel Number: H00836295141

Tax Info

  • Tax Amount Summer: 3535.0000
  • Tax Amount Winter: 1324.0000
  • Total Tax: 4859.0000

MLS Schools

  • School District: Ann Arbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2018
Closed on
Dec 28, 2018
Sold by
Yang Fulun and Yang Jie
Bought by
Hom Justin and Cordero Jessica
Seller's Agent
Jeffry Kermath
Kermath Realty LLC
Buyer's Agent
Nancy Bishop
The Charles Reinhart Company
List Price
$415,000
Sold Price
$380,000
Premium/Discount to List
-$35,000
-8.43%
Current Estimated Value
$577,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,020
Avg. Annual Appreciation
6.33%
Original Mortgage
$280,000
Outstanding Balance
$179,809
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$397,211

Purchase Details

Closed on
Jun 29, 2007
Sold by
Prudential Relocation Inc
Bought by
Yang Fulun and Yang Jie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,600
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 2004
Sold by
Delcor Homes Hometown Vlg Ann Arbor Ltd
Bought by
Xu Wenjian and Zhong Hua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,700
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage
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
Hom Justin $380,000 Liberty Title
Yang Fulun $259,500 None Available
Prudential Relocation Inc $259,900 None Available
Xu Wenjian $53,500 Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hom Justin $280,000
Previous Owner Yang Fulun $207,600
Previous Owner Xu Wenjian $229,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2018 12/28/18 Sold $380,000 -4.5% $168 / Sq Ft
12/01/2018 12/01/18 Pending -- -- --
11/14/2018 11/14/18 Price Changed $398,000 -1.7% $176 / Sq Ft
10/24/2018 10/24/18 Price Changed $405,000 -2.4% $179 / Sq Ft
10/09/2018 10/09/18 For Sale $415,000 -- $184 / 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 -- $253,300 $0 $0
2024 $5,445 $238,600 $0 $0
2023 $5,232 $213,000 $0 $0
2022 $7,230 $210,900 $0 $0
2021 $6,870 $208,600 $0 $0
2020 $7,037 $193,300 $0 $0
2019 $6,493 $180,400 $180,400 $0
2018 $5,040 $175,100 $0 $0
2017 $4,859 $169,500 $0 $0
2016 $3,410 $134,090 $0 $0
2015 -- $133,689 $0 $0
2014 -- $118,784 $0 $0
2013 -- $118,784 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218098161

Realcomp

APN: 08-36-295-141