NOT LISTED FOR SALE

Estimated Value: $644,000 - $752,000

-- Bed
1 Bath
-- Sq Ft
6,621 Sq Ft Lot

Last Sold February 27, 2013

Last sale price $280,000

Est. 142% increase in value since last sale

Current estimated payment $4,582/month

23 Days on Market

Highlights

  • Laundry Facilities
  • Wood Siding
  • 3-minute walk to Graydon Park
  • Burns Park Elementary School Rated A

About This Home

As of February 2013

This home is located at 1501 S State St, Ann Arbor, MI 48104 since 15 January 2013 and is currently estimated at $677,538. This property was built in 1935. 1501 S State St is a home located in Washtenaw County with nearby schools including Burns Park Elementary School, Tappan Middle School, and Pioneer High School.

Last Agent to Sell the Property

Lisa Black

Savarino Properties Inc License #6501277789 Listed on: 01/15/2013

Last Buyer's Agent

Jeffrey Post

@properties Christie's Int'lAA License #6501358845

@properties Christie's Int'lAA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,159

Year Built

  • Built in 1935

Lot Details

  • Lot Dimensions are 50x132

Home Design

  • Wood Siding

Additional Features

  • Basement

Community Details

  • Laundry Facilities
  • Gross Income $36,000

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,159

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1935
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding, Block
  • List Price: 299000.0

Lot Info

  • Lot Dimensions: 50X132
  • Zoning Description: R4C

Rental Info

  • Tenant Pays: Electric

Multi Family

  • Gross Income: 36000.0
  • Number of Units Total: 1

Tax Info

  • Tax Annual Amount: 6159.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2013
Closed on
Feb 27, 2013
Sold by
Fmf Investment Llc
Bought by
Peapod State St Llc
Seller's Agent
Lisa Black
Savarino Properties Inc
Buyer's Agent
Jeffrey Post
@properties Christie's Int'lAA
List Price
$299,000
Sold Price
$280,000
Premium/Discount to List
-$19,000
-6.35%
Total Days on Market
23
Current Estimated Value
$677,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,538
Avg. Annual Appreciation
7.49%

Purchase Details

Closed on
Mar 5, 2007
Sold by
Fleury Frank R and Fleury Matthew J
Bought by
Fmf Investment Llc
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
Peapod State St Llc $280,000 Liberty Title
Fmf Investment Llc -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2013 02/27/13 Sold $280,000 -6.4% --
02/07/2013 02/07/13 Pending -- -- --
01/15/2013 01/15/13 For Sale $299,000 -- --
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
2024 $11,836 $267,800 $0 $0
2023 $10,930 $250,900 $0 $0
2022 $13,228 $229,800 $0 $0
2021 $12,855 $247,800 $0 $0
2020 $12,450 $243,300 $0 $0
2019 $11,876 $228,700 $228,700 $0
2018 $11,652 $218,800 $0 $0
2017 $11,240 $221,800 $0 $0
2016 $8,746 $177,008 $0 $0
2015 $10,503 $176,479 $0 $0
2014 $10,503 $105,701 $0 $0
2013 -- $105,701 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17766

Southwestern Michigan Association of REALTORS®

APN: 09-33-318-004