Seller's Agent in 2024
Rob Ewing
Real Estate One Inc
(734) 216-5955
4 in this area
370 Total Sales
1503 E Park Place Ann Arbor, MI 48104
Lower Burns Park NeighborhoodEstimated Value: $705,000 - $761,000
4
Beds
2
Baths
1,968
Sq Ft
$375/Sq Ft
Est. Value
Highlights
- HERS Index Rating of 1 | Net Zero energy home
- Deck
- 1 Car Detached Garage
- Burns Park Elementary School Rated A
- Tudor Architecture
- 1-minute walk to Graydon Park
About This Home
As of August 2024** OFFER RECEIVED. PLEASE SUBMIT HIGHEST/BEST OFFERS BY 5PM, SAT. 8/10.
Open house canceled on Sunday.
Absolutely charming Tudor on a corner lot in Burns Park neighborhood and just a short stroll away from the Big House. With just over 1600 Square feet, 4 bedrooms, 2 bathrooms, plus a partially finished basement, you have plenty of room!
Step inside to a huge living room with built-in bookcases, hardwood floors and a cozy fireplace- the ideal spot to wind down after a long day. Host family and friends' dinners in the large dining room, which flows seamlessly into the family room and has door wall out to the side deck and patio, beautifully landscaped and fenced in. The kitchen is updated with stainless steel appliances. On the second floor there are 3 spacious bedrooms with generous sized closets! The thoughtfully updated bathroom adds even more charm. There is even a large cedar closet off the hallway! The third-floor bedroom is very large and would also make a great office, rec. room, etc. The basement is partially finished and is another fabulous retreat with beautiful full bath, complete with claw foot tub.
Outside the home the fenced in yard adds privacy and just enough space to relax and entertain! The house was previously city approved short term rental (Airbnb) and made between $3,000-5000 on high demand times.
You can't beat this location with quiet tree lined streets and walkable to everything Ann Arbor and UofM has to offer!
More photos will be added 8/6. Sqft by level is estimated as it is not always available in tax records. City of Ann Arbor HERD ordinance score of 1 - Complete report attached to listing.
Last Agent to Sell the Property
Real Estate One Inc License #6501277007 Listed on: 08/08/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,789
Year Built
- Built in 1928
Lot Details
- 4,530
Parking
- 1 Car Detached Garage
Home Design
- Tudor Architecture
- Wood Siding
Interior Spaces
- 3-Story Property
- Gas Log Fireplace
Kitchen
- Eat-In Kitchen
- Oven
- Range
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Basement
- Partial Basement
- Laundry in Basement
Outdoor Features
- Deck
- Patio
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
- Cable TV Available
Additional Features
- HERS Index Rating of 1 | Net Zero energy home
- 4,530 Sq Ft Lot
Community Details
- Burns Park Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 8, 2024
Closed on
Aug 30, 2024
Sold by
Jones Phillip T
Bought by
Mitchell Olivia Ryan
Seller's Agent
Rob Ewing
Real Estate One Inc
Buyer's Agent
Marla Heatley
Cornerstone Real Estate
List Price
$699,900
Sold Price
$718,000
Premium/Discount to List
$18,100
2.59%
Views
146
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,464
Avg. Annual Appreciation
2.48%
Purchase Details
Listed on
May 26, 2021
Closed on
Jul 7, 2021
Sold by
Anderson Eric and Brown Kelly
Bought by
Jones Phillip
Seller's Agent
Susan Snyder
The Charles Reinhart Company
List Price
$560,000
Sold Price
$575,000
Premium/Discount to List
$15,000
2.68%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%
Original Mortgage
$400,000
Interest Rate
2.96%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 6, 2015
Closed on
May 7, 2015
Sold by
Dresser Saprina M
Bought by
Dresser Christopher D
Seller's Agent
Terry Gazaui
Brookstone, REALTORS®
Buyer's Agent
Susan Snyder
The Charles Reinhart Company
List Price
$399,000
Sold Price
$371,000
Premium/Discount to List
-$28,000
-7.02%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.34%
Original Mortgage
$352,450
Interest Rate
3.62%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 6, 2015
Closed on
May 6, 2015
Sold by
Dresser Christopher D
Bought by
Anderson Eric and Brown Kelly
Seller's Agent
Terry Gazaui
Brookstone, REALTORS®
Buyer's Agent
Susan Snyder
The Charles Reinhart Company
List Price
$399,000
Sold Price
$371,000
Premium/Discount to List
-$28,000
-7.02%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,450
Interest Rate
3.62%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 23, 2009
Sold by
Clipson Thea and Clipson Ann G
Bought by
Dresser Christopher D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.05%
Mortgage Type
Unknown
Purchase Details
Closed on
Dec 10, 2001
Sold by
Clipson Ann G
Bought by
Clipson Colin W Trust
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mitchell Olivia Ryan | $718,000 | Ata National Title | |
| Mitchell Olivia Ryan | $718,000 | Ata National Title | |
| Jones Phillip | $575,000 | Preferred Title | |
| Dresser Christopher D | -- | None Available | |
| Anderson Eric | $371,000 | None Available | |
| Dresser Christopher D | $225,000 | None Available | |
| Clipson Colin W Trust | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Anderson Eric | $352,450 | |
| Previous Owner | Dresser Christopher D | $180,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/30/2024 08/30/24 | Sold | $718,000 | +2.6% | $365 / Sq Ft |
| 08/08/2024 08/08/24 | For Sale | $699,900 | +21.7% | $356 / Sq Ft |
| 07/12/2021 07/12/21 | Sold | $575,000 | +2.7% | $246 / Sq Ft |
| 06/24/2021 06/24/21 | Pending | -- | -- | -- |
| 05/26/2021 05/26/21 | For Sale | $560,000 | +50.9% | $239 / Sq Ft |
| 05/07/2015 05/07/15 | Sold | $371,000 | -7.0% | $191 / Sq Ft |
| 05/07/2015 05/07/15 | Pending | -- | -- | -- |
| 03/06/2015 03/06/15 | For Sale | $399,000 | -- | $206 / Sq Ft |
Source: Southwestern Michigan Association of REALTORS®
Tax History Compared to Growth
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 | $10,992 | $265,800 | $0 | $0 |
| 2024 | $10,235 | $247,100 | $0 | $0 |
| 2023 | $9,438 | $231,500 | $0 | $0 |
| 2022 | $10,284 | $202,200 | $0 | $0 |
| 2021 | $10,183 | $219,300 | $0 | $0 |
| 2020 | $9,977 | $215,500 | $0 | $0 |
| 2019 | $9,495 | $205,500 | $205,500 | $0 |
| 2018 | $9,361 | $194,600 | $0 | $0 |
| 2017 | $9,107 | $195,400 | $0 | $0 |
| 2016 | $8,786 | $182,100 | $0 | $0 |
| 2015 | $6,969 | $151,225 | $0 | $0 |
| 2014 | $6,969 | $146,500 | $0 | $0 |
| 2013 | -- | $146,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Rob Ewing
-
Marla Heatley
M
Buyer's Agent in 2024
Marla Heatley
Cornerstone Real Estate
(734) 216-3228
1 in this area
72 Total Sales
-
Susan Snyder
S
Seller's Agent in 2021
Susan Snyder
The Charles Reinhart Company
(734) 395-6924
1 in this area
37 Total Sales
-
Ren Snyder
R
Seller Co-Listing Agent in 2021
Ren Snyder
The Charles Reinhart Company
(734) 395-6923
3 in this area
44 Total Sales
-
Terry Gazaui
Seller's Agent in 2015
Terry Gazaui
Brookstone, REALTORS®
(734) 260-8656
34 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 24040165
APN: 09-33-322-009
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