1514 Golden Ave Ann Arbor, MI 48104
Lower Burns Park NeighborhoodEstimated payment $6,235/month
Highlights
- 1 Fireplace
- Forced Air Heating System
- 2-minute walk to Graydon Park
- Burns Park Elementary School Rated A
About This Home
This outstanding triplex is, as the street says, Golden with returns for its owner. Great floor plans with spaciousness, finishes, and sunlight make it easy to rent, and easy to maintain. First floor 2 bedroom has it's own lovely sitting porch, Second floor 2 bedroom has its own screen porch, and the lower 1 bedroom Garden unit is filled with light and charm. Current owners have seen year over year returns, and all units are receiving strong market rent rates! Whether seasoned or just starting, this income property is a resounding YES. Looking for an incredible investment opportunity in one of Ann Arbor's most sought after neighborhoods! Hurry and set up your visit now! Fully rented with above market rents! Huge UM Football parking opportunity as well Home Energy Score of 1. Download report at osi.a2gov.org/herd
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,068
Year Built
- Built in 1951
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 55x132
Home Design
- Composition Roof
- Aluminum Siding
Interior Spaces
- 1 Fireplace
- Laundry on lower level
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Natural lighting in basement
Parking
- 6 Parking Spaces
- Driveway
Location
- Mineral Rights Excluded
Schools
- Burns Park Elementary School
- Tappan Middle School
- Pioneer High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Connected
- Cable TV Available
Community Details
- 3 Units
- Laundry Facilities
- Gross Income $78,000
Listing and Financial Details
- The owner pays for water, gas
Map
Home Values in the Area
Average Home Value in this Area
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 | $15,276 | $289,000 | $0 | $0 |
| 2024 | $13,668 | $268,400 | $0 | $0 |
| 2023 | $11,851 | $251,900 | $0 | $0 |
| 2022 | $14,343 | $216,100 | $0 | $0 |
| 2021 | $14,755 | $235,300 | $0 | $0 |
| 2020 | $14,290 | $231,200 | $0 | $0 |
| 2019 | $13,631 | $217,900 | $217,900 | $0 |
| 2018 | $13,374 | $209,300 | $0 | $0 |
| 2017 | $13,695 | $217,600 | $0 | $0 |
| 2016 | $12,542 | $202,700 | $0 | $0 |
| 2015 | $8,766 | $147,298 | $0 | $0 |
| 2014 | $8,766 | $142,696 | $0 | $0 |
| 2013 | -- | $142,696 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/04/2025 06/04/25 | Price Changed | $885,000 | -4.8% | -- |
| 05/02/2025 05/02/25 | For Sale | $930,000 | +24.0% | -- |
| 08/11/2023 08/11/23 | Sold | $750,000 | +3.4% | -- |
| 07/20/2023 07/20/23 | Pending | -- | -- | -- |
| 07/14/2023 07/14/23 | For Sale | $725,000 | +49.5% | -- |
| 08/01/2017 08/01/17 | Sold | $485,000 | -9.3% | -- |
| 07/31/2017 07/31/17 | Pending | -- | -- | -- |
| 05/31/2017 05/31/17 | For Sale | $535,000 | +33.8% | -- |
| 10/29/2015 10/29/15 | Sold | $400,000 | -7.0% | -- |
| 10/22/2015 10/22/15 | Pending | -- | -- | -- |
| 08/14/2015 08/14/15 | For Sale | $430,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $750,000 | Preferred Title | |
| Warranty Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $485,000 | Devon Title Agency | |
| Quit Claim Deed | -- | Title Company Llc | |
| Warranty Deed | $400,000 | Devon Title Agency | |
| Deed | -- | First American Title Insuran | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $736,415 | FHA | |
| Previous Owner | $363,750 | Unknown | |
| Previous Owner | $280,000 | New Conventional | |
| Previous Owner | $200,659 | New Conventional |
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 25019387
APN: 09-33-322-003
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