Seller's Agent in 2021
Travis Otto
Cornerstone Real Estate
(734) 645-1496
1 in this area
79 Total Sales
1508 E Park Place Ann Arbor, MI 48104
Lower Burns Park NeighborhoodEstimated Value: $525,000 - $594,000
3
Beds
1
Bath
1,494
Sq Ft
$375/Sq Ft
Est. Value
Highlights
- Solar Power System
- Recreation Room
- 2 Fireplaces
- Burns Park Elementary School Rated A
- Wood Flooring
- 1-minute walk to Graydon Park
About This Home
As of May 2021Old world charm welcomes you to this incredibly well maintained Burns Park 2 story. Wood floors through the house & tiled bathroom floors, original woodwork & freshly repainted w/2 tone paint. This home also offers newer vinyl replacement windows, crown molding, updated fixtures, a beautiful wood burning fireplace in the living room & a wood fireplace insert in the basement. The list of upgrades continues with 2" cellulose insulation blankets in the partially finished basement, foam insulated bonds & Solar panels on the roof for an incredibly low energy bill. The basement is pre-plumbed for a 2 piece bath & has an egress window. New water heater, new A/C, brick paver front walkway, new roof in 2008, large bedroom closets for the age of the home & all appliances stay. Relax on your huge fro front porch or on the paver patio out back while cooking pizzas in your outdoor wood fired pizza oven!, Rec Room: Partially Finished, Rec Room: Finished
Last Agent to Sell the Property
Cornerstone Real Estate License #6502432234 Listed on: 04/16/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,204
Year Built
- Built in 1930
Lot Details
- 4,792 Sq Ft Lot
- Property is zoned R1D, R1D
Parking
- 2 Car Detached Garage
- Garage Door Opener
- Additional Parking
Home Design
- Bungalow
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Ceiling Fan
- 2 Fireplaces
- Wood Burning Fireplace
- Window Treatments
- Living Room
- Dining Area
- Recreation Room
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Oven
- Range
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry on lower level
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Natural lighting in basement
Eco-Friendly Details
- Solar Power System
- Solar Heating System
- Heating system powered by active solar
- Heating system powered by passive solar
Outdoor Features
- Balcony
- Patio
- Porch
Schools
- Burns Park Elementary School
- Tappan Middle School
- Pioneer High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Cable TV Available
Community Details
- No Home Owners Association
- Hamilton Rose & Sheehan Add Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 16, 2021
Closed on
May 14, 2021
Sold by
Coleman Jason C and Kerppola Marianna E
Bought by
Shorter Jeannette Louise
Seller's Agent
Travis Otto
Cornerstone Real Estate
Buyer's Agent
John Ramirez
Real Estate One Inc
List Price
$400,000
Sold Price
$404,000
Premium/Discount to List
$4,000
1%
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
$155,821
Avg. Annual Appreciation
7.37%
Original Mortgage
$323,200
Outstanding Balance
$294,327
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$254,845
Purchase Details
Closed on
Sep 9, 2019
Sold by
Coleman Jason C and Kerppol Marianna E
Bought by
Coleman Jason C and Kerppol Marianna E
Purchase Details
Closed on
Aug 29, 2012
Sold by
Wong Chung Audrey and Chung Audrey W
Bought by
Kerppola Marianna E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
3.56%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Shorter Jeannette Louise | -- | None Available | |
| Shorter Jeannette Louise | $404,000 | None Available | |
| Coleman Jason C | -- | None Available | |
| Coleman Jason C | -- | None Available | |
| Kerppola Marianna E | $245,000 | Liberty Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shorter Jeanette Louise | $323,200 | |
| Previous Owner | Coleman Jason C | $158,000 | |
| Previous Owner | Kerppola Marianna E | $196,000 | |
| Previous Owner | Chung Glen W | $97,268 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/14/2021 05/14/21 | Sold | $404,000 | +1.0% | $270 / Sq Ft |
| 05/10/2021 05/10/21 | Pending | -- | -- | -- |
| 04/16/2021 04/16/21 | For Sale | $400,000 | +63.3% | $268 / Sq Ft |
| 11/23/2012 11/23/12 | Sold | $245,000 | -7.5% | $178 / Sq Ft |
| 10/17/2012 10/17/12 | Pending | -- | -- | -- |
| 06/25/2012 06/25/12 | For Sale | $265,000 | -- | $193 / 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 | $9,051 | $220,200 | $0 | $0 |
| 2024 | $8,428 | $201,800 | $0 | $0 |
| 2023 | $7,771 | $191,800 | $0 | $0 |
| 2022 | $8,469 | $166,500 | $0 | $0 |
| 2021 | $7,353 | $185,600 | $0 | $0 |
| 2020 | $7,204 | $182,800 | $0 | $0 |
| 2019 | $6,856 | $175,200 | $175,200 | $0 |
| 2018 | $6,760 | $170,200 | $0 | $0 |
| 2017 | $6,576 | $164,500 | $0 | $0 |
| 2016 | $5,601 | $131,489 | $0 | $0 |
| 2015 | $6,041 | $131,096 | $0 | $0 |
| 2014 | $6,041 | $127,000 | $0 | $0 |
| 2013 | -- | $127,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Travis Otto
-
John Ramirez
J
Buyer's Agent in 2021
John Ramirez
Real Estate One Inc
(734) 260-0900
1 in this area
23 Total Sales
-
J
Seller's Agent in 2012
Judy Spaly-Ness
Spaly Group, Inc.
-
B
Buyer's Agent in 2012
Brian Vlazny
Keller Williams Ann Arbor Mrkt
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 23126258
APN: 09-33-317-013
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