NOT LISTED FOR SALE

1516 E Park Place Ann Arbor, MI 48104

Lower Burns Park Neighborhood

Estimated Value: $618,000 - $687,000

3 Beds
2 Baths
1,718 Sq Ft
$385/Sq Ft Est. Value

Last Sold March 24, 2021

Last sale price $420,000 $244 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,636/month

116 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Skylights
  • Burns Park Elementary School Rated A
  • No HOA
  • 1-minute walk to Graydon Park

About This Home

As of March 2021

Classic 1930s bungalow in Burns Park with huge sitting porch offers versatile living arrangement as owner-occupied rental with tenant already in place on second floor; additionally leasing first floor unit; later returning to single-family by removing interior door to upper unit. First floor modified as barrier-free with entrances from attached garage, breezeway in rear and ramp to front door.Huge master bedroom has large closet with adjoining office/study. Good-size second bedroom. Living/dining rooms feature maple floors, built-in cabinets, lots of windows. Kitchen has easy access, low Corian counters/wood cabinets, separate cooktop and oven, drawer dishwasher; convenient pantry. Wall was partially removed to open space to dining room. Spacious bathroom with vaulted ceiling and skyligh skylight, ceramic tile floor, jetted tub, storage drawers, shelving. Pastel colors throughout with some recent painting. Upstairs unit accessed via front has three large rooms with maple floors plus bathroom: one bedroom, living or work space room with walk-in closet, kitchen with oak cabinets/Formica counter, lots of windows, walk-in pantry. Central location convenient to downtown, U/M, retail.

Last Agent to Sell the Property

Pamela Sjo

The Charles Reinhart Company License #6501310361 Listed on: 11/19/2020

The Charles Reinhart Company

Last Buyer's Agent

David Willoughby

Guenther Homes, Inc. License #6501278712

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,393

Year Built

  • Built in 1930

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 52 x 107
  • Private Entrance
  • Back Yard Fenced
  • Property is zoned R12D, R12D

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Additional Parking

Home Design

  • Bungalow
  • Aluminum Siding
  • Shingle Siding

Interior Spaces

  • 1,718 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Skylights
  • Window Treatments
  • Living Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Outdoor Features

  • 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

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,393

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 1
  • Year Built: 1930
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 52 x 107
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1718.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 7393.0
  • Tax Info:Zoning3: R12D
  • 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
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Additional Items:Window Treatments: Yes
  • Location Property Info:Subdivision2: Hamilton Rose & Sheehan Add
  • Windows:Skylight(s): Yes
  • General Property Info:Entry Type: Private
  • General Property Info:SqFt Above Grade: 1718.0
  • Additional Items:Vaulted Ceilings: Yes
  • Laundry Features Lower Level: Yes
  • General Property Info Elementary School2: Burns Park Elementary School
  • General Property Info High School: Pioneer High School
  • General Property Info Middle School2: Tappan Middle School
  • General Property Info Garage YN: Yes
  • Flooring:Wood Floor: Yes
  • Flooring:Vinyl Floor: Yes
  • Flooring:Carpet Floor: Yes
  • Fencing:Fenced Back: Yes
  • Flooring:Tile Floor: Yes
  • Flooring:Ceramic Floor: Yes
  • Architectural Style Bungalow: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Oven, Range, Refrigerator, Washer
  • Flooring: Carpet, Ceramic Tile, Tile, Vinyl, Wood
  • Interior Amenities: Garage Door Opener
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1718.0
  • Window Features: Skylight(s), Window Treatments
  • General Property Info:Stories2: 1.5
  • Basement Rooms:Total Basement SQFT: 832.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Aluminum Siding, Shingle Siding
  • Fencing: Fenced Back
  • List Price: 435000.0
  • Lot Features: Sidewalk
  • Patio and Porch Features: Porch(es)
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Material:Shingle Siding: Yes
  • Patio and Porch Features:Porch(es): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Additional Parking, Attached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0
  • Parking Features:Additional Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Burns Park Elementary School
  • High School: Pioneer High School
  • Middle/Junior School: Tappan Middle School

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Dimensions: 52 x 107
  • Lot Size Sq Ft: 5663.0
  • Zoning Description: R12D
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7393.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2020
Closed on
Mar 24, 2021
Sold by
Neuhaus Evelyn Ruth and Evelyn Ruth Neuhaus Trust
Bought by
Baker Douglas M and Baker Jacob D
Seller's Agent
Pamela Sjo
The Charles Reinhart Company
Buyer's Agent
David Willoughby
Guenther Homes, Inc.
List Price
$435,000
Sold Price
$420,000
Premium/Discount to List
-$15,000
-3.45%
Current Estimated Value
$660,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,692
Avg. Annual Appreciation
10.69%
Original Mortgage
$315,000
Outstanding Balance
$284,116
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$376,576

Purchase Details

Closed on
Nov 11, 2009
Sold by
Neuhaus Evelyn Ruth and Neuhaus Evelyn R
Bought by
Neuhaus Evelyn Ruth and Evelyn Ruth Neuhaus Trust
Source: Public Records

Range of Values:

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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
Baker Douglas M $420,000 Preferred Ttl Agcy Of Ann Ab
Neuhaus Evelyn Ruth -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Douglas M $315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2021 03/24/21 Sold $420,000 -3.4% $244 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
11/19/2020 11/19/20 For Sale $435,000 -- $253 / 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 $12,767 $284,800 $0 $0
2024 $11,423 $265,200 $0 $0
2023 $10,538 $248,200 $0 $0
2022 $13,053 $213,100 $0 $0
2021 $7,708 $231,000 $0 $0
2020 $7,651 $226,800 $0 $0
2019 $7,161 $216,100 $216,100 $0
2018 $7,046 $201,200 $0 $0
2017 $6,832 $201,700 $0 $0
2016 $5,620 $125,131 $0 $0
2015 $6,319 $124,757 $0 $0
2014 $6,319 $120,860 $0 $0
2013 -- $120,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2021

    Pamela Sjo

    The Charles Reinhart Company

    (734) 417-9199

    1 in this area

    23 Total Sales

    Pamela Sjo
    Section Image

  • D

    Buyer's Agent in 2021

    David Willoughby

    Guenther Homes, Inc.

    (734) 417-1780

    1 in this area

    36 Total Sales

    David Willoughby
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 52298

Southwestern Michigan Association of REALTORS®

APN: 09-33-317-014

Michigan Washtenaw County Ann Arbor 48104 Lower Burns Park

1516 E Park Place, Ann Arbor, MI

This home is located at 1516 E Park Place, Ann Arbor, MI 48104 since 19 November 2020 and is currently estimated at $660,692, approximately $384 per square foot. This property was built in 1930. 1516 E Park Place is a home located in Washtenaw County with nearby schools including Burns Park Elementary School, Tappan Middle School, and Pioneer High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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