NOT LISTED FOR SALE

1407 E Park Place Ann Arbor, MI 48104

Lower Burns Park Neighborhood

Estimated Value: $636,000 - $742,484

3 Beds
2.5 Baths
1,452 Sq Ft
$487/Sq Ft Est. Value

Last Sold October 11, 2017

Last sale price $431,000 $297 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,646/month

Highlights

  • Deck
  • Wood Flooring
  • Breakfast Area or Nook
  • Burns Park Elementary School Rated A
  • No HOA
  • 2-minute walk to Graydon Park

About This Home

As of October 2017

Entered for comp purposes only.

Last Agent to Sell the Property

Nancy Paterson

@properties Christie's Int'lAA Listed on: 10/11/2017

Last Buyer's Agent

Nancy Paterson

Howard Hanna Real Estate License #6506046872

Howard Hanna Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,729

Year Built

  • Built in 1928

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 39 x 132
  • Private Entrance
  • Back Yard Fenced
  • Property is zoned R1D, R1D

Parking

  • 1 Car Detached Garage

Home Design

  • Aluminum Siding

Interior Spaces

  • 1,452 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Skylights
  • Living Room
  • Dining Area
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,729

Year Built

Built in 1928

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1928
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 39 x 132
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1452.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 6729.0
  • Tax Info:Zoning3: R1D
  • Air Conditioning:Central Air: Yes
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Additional Items:Ceiling Fans: Yes
  • Windows:Skylight(s): Yes
  • General Property Info:Entry Type: Private
  • General Property Info:SqFt Above Grade: 1452.0
  • Laundry Features Lower Level: Yes
  • General Property Info Elementary School2: Burns Park Elementary School
  • General Property Info High School: Pioneer High School
  • General Property Info Middle School2: Tappan Middle School
  • General Property Info Garage YN: Yes
  • Flooring:Wood Floor: Yes
  • Fencing:Fenced Back: Yes
  • Flooring:Tile Floor: Yes
  • Flooring:Ceramic Floor: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Oven, Range, Refrigerator, Washer
  • Flooring: Ceramic Tile, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Full
  • LivingArea: 1452.0
  • Window Features: Skylight(s)
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Basement Full Baths: 1
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Breakfast Nook: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • Fencing: Fenced Back
  • List Price: 425000.0
  • Lot Features: Sidewalk
  • Patio and Porch Features: Deck, Porch(es)
  • Exterior Material:Aluminum Siding: Yes
  • Patio and Porch Features:Porch(es): Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Laundry Features: Lower Level
  • Sewer: Public
  • Utilities: Natural Gas Connected, Cable Connected, Storm Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Dimensions: 39 x 132
  • Lot Size Sq Ft: 5227.0
  • Zoning Description: R1D
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6729.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2017
Closed on
Aug 14, 2017
Sold by
Young James E and Young Michaelle M
Bought by
Grace Kathryn R and Grace Peter
Seller's Agent
Nancy Paterson
@properties Christie's Int'lAA
Buyer's Agent
Nancy Paterson
Howard Hanna Real Estate
List Price
$425,000
Sold Price
$431,000
Premium/Discount to List
$6,000
1.41%
Current Estimated Value
$707,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,371
Avg. Annual Appreciation
6.17%
Original Mortgage
$431,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 6, 2012
Closed on
Feb 10, 2012
Sold by
Young James E and Young Michelle M
Bought by
Young James E and Young Michelle M
Seller's Agent
Martin Bouma
Keller Williams Ann Arbor Mrkt
Buyer's Agent
Marjorie Bolgos
The Charles Reinhart Company
List Price
$279,000
Sold Price
$265,500
Premium/Discount to List
-$13,500
-4.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.92%

Purchase Details

Listed on
Jan 6, 2012
Closed on
Feb 6, 2012
Sold by
Beale Stella Katherine and Allen Stella B
Bought by
Young James E and Young Michelle M
Seller's Agent
Martin Bouma
Keller Williams Ann Arbor Mrkt
Buyer's Agent
Marjorie Bolgos
The Charles Reinhart Company
List Price
$279,000
Sold Price
$265,500
Premium/Discount to List
-$13,500
-4.84%

Purchase Details

Closed on
Jan 21, 2005
Sold by
Allen Jeffrey K
Bought by
Allen Stella B

Purchase Details

Closed on
Jul 18, 2000
Sold by
Andrews Kenneth
Bought by
Allen Jeffrey K
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Grace Kathryn R -- Preferred Title
Young James E -- Liberty Title
Young James E $265,500 Liberty Title
Allen Stella B -- --
Allen Jeffrey K $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grace Kathryn R $431,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2017 10/11/17 Sold $431,000 +1.4% $297 / Sq Ft
10/11/2017 10/11/17 Pending -- -- --
10/11/2017 10/11/17 For Sale $425,000 +60.1% $293 / Sq Ft
02/10/2012 02/10/12 Sold $265,500 -4.8% $183 / Sq Ft
01/20/2012 01/20/12 Pending -- -- --
01/06/2012 01/06/12 For Sale $279,000 -- $192 / Sq Ft
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 $10,734 $261,300 $0 $0
2024 $9,996 $242,100 $0 $0
2023 $9,217 $227,400 $0 $0
2022 $10,043 $198,900 $0 $0
2021 $9,807 $216,900 $0 $0
2020 $9,578 $200,600 $0 $0
2019 $9,116 $189,600 $189,600 $0
2018 $8,987 $180,100 $0 $0
2017 $6,974 $176,200 $0 $0
2016 $6,729 $139,461 $0 $0
2015 $6,408 $139,044 $0 $0
2014 $6,408 $134,700 $0 $0
2013 -- $134,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2017

    Nancy Paterson

    @properties Christie's Int'lAA

  • Martin Bouma

    Seller's Agent in 2012

    Martin Bouma

    Keller Williams Ann Arbor Mrkt

    (734) 761-3060

    1 in this area

    771 Total Sales

    Martin Bouma
    Section Image

  • M

    Buyer's Agent in 2012

    Marjorie Bolgos

    The Charles Reinhart Company

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23082525

Southwestern Michigan Association of REALTORS®

APN: 09-33-330-007

Michigan Washtenaw County Ann Arbor 48104 Lower Burns Park

1407 E Park Place, Ann Arbor, MI

This home is located at 1407 E Park Place, Ann Arbor, MI 48104 since 11 October 2017 and is currently estimated at $707,371, approximately $487 per square foot. This property was built in 1928. 1407 E Park Place 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.

Nearby Homes