NOT LISTED FOR SALE

Estimated Value: $668,000 - $1,002,000

8 Beds
4 Baths
-- Sq Ft
9,148 Sq Ft Lot

Sale Details

Date Sold: March 23, 2023

Last sale price $1,890,000

Current estimated payment $5,878 / mo

177 Days on Market

Highlights

  • Laundry Facilities
  • Ann Arbor STEAM at Northside Rated A
  • Community Storage Space

About This Home

As of March 2023

This home is located at 1427 Broadway St, Ann Arbor, MI 48105 since 27 September 2022 and is currently estimated at $825,152. This property was built in 1901. 1427 Broadway 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

Suzanne Betz

Real Estate One Inc License #6501256197 Listed on: 09/27/2022

Real Estate One Inc

Last Buyer's Agent

Michael Schmidt

The Charles Reinhart Company License #6501443458

The Charles Reinhart Company

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,576

Year Built

  • Built in 1901

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 50 x 182

Parking

  • 5 Parking Spaces

Basement

  • Partial Basement
  • Crawl Space

Schools

  • Northside Elementary School
  • Clague Middle School
  • Skyline High School

Listing and Financial Details

  • Tenant pays for electric

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units
  • Traver Add Subdivision

Amenities

  • Laundry Facilities
  • Community Storage Space

Building Details

  • Insurance Expense $11,784
  • Gross Income $156,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,576

Year Built

Built in 1901

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1901
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50 x 182
  • General Property Info:Basement: Yes
  • Tax Info:Zoning3: R2A
  • General Property Info:Total _pound_ Units: 2
  • Substructure:Partial: Yes
  • Location Property Info:Subdivision2: Traver Add
  • Substructure:Crawl Space: Yes
  • Extras:Laundry Facility: Yes
  • General Property Info Elementary School2: Northside Elementary School
  • General Property Info High School: Skyline High School
  • General Property Info Middle School2: Clague Middle School
  • Tax Info:Seller_squote_s Annual Property Tax2: 8576.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space, Partial
  • Basement: Yes

Exterior Features

  • Construction Materials: Other
  • List Price: 2100000.0

Garage/Parking

  • Total Parking Spaces: 5.0
  • General Property Info:Total Parking Spaces: 5.0

Condo/Co-op/Association

  • Association Amenities: Storage
  • Association: Yes

Association/Amenities

  • Assoc Amenities:Storage: Yes

Schools

  • Elementary School: Northside Elementary School
  • High School: Skyline High School
  • Middle/Junior School: Clague Middle School

Lot Info

  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
  • Lot Dimensions: 50 x 182
  • Lot Size Sq Ft: 9148.0
  • Zoning Description: R2A

Rental Info

  • Tenant Pays: Electric

Multi Family

  • Gross Income: 156000.0
  • Insurance Expense: 11784.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 8576.0
  • Tax Year: 2022

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2022
Closed on
Mar 23, 2023
Sold by
Bought by
Seller's Agent
Suzanne Betz
Real Estate One Inc
Buyer's Agent
Michael Schmidt
The Charles Reinhart Company
List Price
$2,100,000
Sold Price
$1,890,000
Premium/Discount to List
-$210,000
-10%
Views
190
Current Estimated Value
$825,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,064,848
Avg. Annual Appreciation
-21.80%
Original Mortgage
$466,737
Outstanding Balance
$447,199
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$377,953

Purchase Details

Closed on
Jun 29, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$538,505
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 18, 2000
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Broadway, MI

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$900,000 --
-- None Available
$181,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $466,737
Previous Owner $538,505
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/23/2023 03/23/23 Sold $1,890,000 -10.0% --
03/23/2023 03/23/23 Pending -- -- --
09/27/2022 09/27/22 For Sale $2,100,000 -- --
Source: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $16,114 $297,800 $0 $0
2025 $12,490 $287,300 $0 $0
2024 $12,147 $225,500 $0 $0
2023 $7,135 $196,600 $0 $0
2022 $8,636 $188,500 $0 $0
2021 $8,392 $169,100 $0 $0
2020 $8,128 $166,300 $0 $0
2019 $7,753 $158,600 $158,600 $0
2018 $7,607 $176,900 $0 $0
2017 $7,338 $177,300 $0 $0
2016 $5,710 $115,560 $0 $0
2015 $6,857 $115,215 $0 $0
2014 $6,857 $111,616 $0 $0
2013 -- $111,616 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 23062922

MichRIC

APN: 09-21-300-011

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