NOT LISTED FOR SALE

1481 Waterways Dr Unit 41 Ann Arbor, MI 48108

Estimated Value: $787,504 - $935,000

4 Beds
3.5 Baths
4,628 Sq Ft
$180/Sq Ft Est. Value

Last Sold August 26, 2015

Last sale price $548,500 $119 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $5,451/month

126 Days on Market

Highlights

  • Spa
  • Colonial Architecture
  • Vaulted Ceiling
  • Harvest Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of August 2015

Executive home featuring extensive kitchen and bath updates in the Waterways. 3473 Sf plus an additional 1155 SF in the finished basement with daylight windows, full bath, and kitchenette. The kitchen has been remodeled w/custom made cabinets, Silestone counters, Sub-Zero fridge, Wolf range/oven, & GE/Thermador ovens. The home features an open entertaining area w/vaulted ceiling and hardwood floors. Retreat to the large 1st floor master suite w/walk-in closet, a new bath that includes granite, new tile & fixtures, spa tub and large walk-in shower. Entertain in the dining room with bar sink and built in cabinets. Bonus spaces on the 1st floor include a study, a sitting room, & a laundry room w/GE Cabrio washer dryer. Second floor includes a full bath with 2 sinks, 3 large bedrooms & a lib library that is 14' x 34' w/skylights and plentiful built-ins. bookshelves. 3 car attached garage, whole house generator, sprinkler syst., Ann Arbor mailing address, low township taxes, & Saline Schools, Primary Bath, Rec Room: Finished

Last Agent to Sell the Property

Jean Wedemeyer

The Charles Reinhart Company License #6501357880 Listed on: 04/20/2015

The Charles Reinhart Company

Last Buyer's Agent

John Ramirez

Real Estate One Inc License #6501316902

Real Estate One Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,527

Year Built

  • Built in 1994

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 132.81x187.62x104x163.71
  • Sprinkler System
  • Property is zoned PUD, PUD

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Wood Siding
  • Shingle Siding
  • Vinyl Siding
  • Stone

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Window Treatments
  • Home Security System

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Parking

  • Attached Garage
  • Garage Door Opener

Outdoor Features

  • Spa
  • Deck

Schools

  • Harvest Elementary School
  • Saline Middle School
  • Saline High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,527

Year Built

Built in 1994

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Colonial
  • Stories: 2
  • Year Built: 1994
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 132.81x187.62x104x163.71
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 4628.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • General Property Info:Design: Colonial
  • Tax Info:Annual Property Tax: 8527.0
  • Tax Info:Zoning3: PUD
  • Garage Type Attached: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Ceramic Floor: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Landscape:Underground Sprinkler: Yes
  • Additional Items:Wood Floor: Yes
  • Substructure:Daylight: Yes
  • Additional Items:Security System: Yes
  • Windows:Skylight(s): Yes
  • Additional Items:Hot Tub Spa: Yes
  • General Property Info:SqFt Above Grade: 3473.0
  • Additional Items:Carpet Floor: Yes
  • Additional Items:Tile Floor: Yes
  • Additional Items:Vinyl Floor: Yes
  • Additional Items:Vaulted Ceilings: Yes
  • Laundry Features Main Level: Yes
  • General Property Info Elementary School2: Harvest
  • General Property Info High School: Saline
  • General Property Info Middle School2: Saline
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer, Disposal, Dishwasher, Freezer, Microwave, Oven, Range, Refrigerator
  • Interior Amenities: Ceiling Fans, Ceramic Floor, Garage Door Opener, Hot Tub Spa, Security System, Wood Floor, Eat-in Kitchen
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Main Level Bedrooms: 1
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Basement: Daylight, Full
  • LivingArea: 4628.0
  • Window Features: Skylight(s), Window Treatments
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Basement Full Baths: 1
  • Basement Rooms:Basement Finished SQFT: 1155.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Breakfast Nook: Yes
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Double Oven: Yes
  • Below Grade Sq Ft: 1155.0

Exterior Features

  • Construction Materials: Other, Wood Siding, Vinyl Siding, Stone, Shingle Siding, Brick
  • Exterior Features: Deck(s)
  • List Price: 575000.0
  • Lot Features: Sidewalk, Site Condo
  • Exterior Material:Vinyl Siding: Yes
  • Exterior Features:Deck(s): Yes
  • Exterior Material:Wood Siding: Yes
  • Exterior Material:Brick: Yes
  • Exterior Material:Stone: Yes
  • Exterior Material:Shingle Siding: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage: Yes
  • Parking Features: Attached
  • Garage:Garage2: Yes
  • Additional Items:Garage Door Opener: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 500.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Info:Approx Assoc Fee2: 500.0
  • Association Info:Assoc Fee Payable: Annually

Schools

  • Elementary School: Harvest
  • High School: Saline
  • Middle/Junior School: Saline

Lot Info

  • Lot Size Acres: 0.48
  • Lot Size Area: 0.48
  • Lot Dimensions: 132.81x187.62x104x163.71
  • Lot Size Sq Ft: 20909.0
  • Zoning Description: PUD
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8527.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 21, 2016
Sold by
Shafie Farouq R and Shafie Rabia
Bought by
Farouq And Rabia Shafie Trust
Current Estimated Value
$834,626

Purchase Details

Listed on
Apr 20, 2015
Closed on
Aug 19, 2015
Sold by
Zangrilli Joseph S and Zangrilli Mary Jo
Bought by
Shafie Farouq R and Shafie Rabia
Seller's Agent
Jean Wedemeyer
The Charles Reinhart Company
Buyer's Agent
John Ramirez
Real Estate One Inc
List Price
$609,000
Sold Price
$548,500
Premium/Discount to List
-$60,500
-9.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.24%

Purchase Details

Closed on
Jul 28, 2004
Sold by
Boyd Daniel and Peterson Elaine
Bought by
Zangrilli Joseph S and Zangrilli Mary Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 2002
Sold by
Quinnell Bruce A
Bought by
Boyd Daniel

Purchase Details

Closed on
Oct 28, 1994
Sold by
Waterways Developers Inc
Bought by
Wexford Builders Inc
Source: Public Records

Range of Values:

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Average Value
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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
Farouq And Rabia Shafie Trust -- None Available
Shafie Farouq R $548,500 Liberty Title
Zangrilli Joseph S $549,900 --
Boyd Daniel $532,000 --
Wexford Builders Inc $59,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zangrilli Joseph S $333,700
Closed Zangrilli Joseph S $106,220
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2015 08/26/15 Sold $548,500 -9.9% $119 / Sq Ft
08/24/2015 08/24/15 Pending -- -- --
04/20/2015 04/20/15 For Sale $609,000 -- $132 / 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 $11,604 $367,500 $0 $0
2024 $8,729 $337,630 $0 $0
2023 $8,329 $299,000 $0 $0
2022 $11,755 $293,900 $0 $0
2021 $11,692 $294,700 $0 $0
2020 $11,212 $290,400 $0 $0
2019 $10,924 $283,500 $283,500 $0
2018 $10,700 $290,700 $0 $0
2017 $10,302 $284,800 $0 $0
2016 $7,622 $267,100 $0 $0
2015 -- $240,776 $0 $0
2014 -- $233,253 $0 $0
2013 -- $233,253 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23116385

Southwestern Michigan Association of REALTORS®

APN: 12-20-205-041