$175,000
SOLD FEB 10, 2017

1516 Oakfield Dr Unit 220 Ann Arbor, MI 48108

2 Beds
2 Baths
1,101 Sq Ft
$305/mo HOA Fee

Recently Sold

$159 Per Sq Ft

2% Below List Price

6 Days on Market

Highlights

  • Deck
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Bryant Elementary School Rated A-

About This Home

As of August 2022

Move in condition. Great location in Southwest Ann Arbor. Beautiful and quiet Weatherstone community. The two bedrooms' apartment is on second floor with plenty of sunshine. Clean carpet and new painting. New deck. All brand new stainless appliances, including refrigerator, dishwasher, stove, hood, washing machine and dryer. Walking distance to supermarkets, restaurants, bus lines. Ten minutes' driving to downtown Ann Arbor, UM campus and hospital. Easy access to I-94. Water, sewer, exterior maintenance, snow removal, lawn care are included in the HOA. The use of outdoor pool and clubhouse are also included in the HOA.

Last Agent to Sell the Property

Ryan Gehris

USRealty.com, LLP License #6502366505 Listed on: 01/18/2017

Last Buyer's Agent

Tom Stachler

Real Estate One License #6506012423

Real Estate One

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1994

HOA Fees

  • $305 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Slab Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,101 Sq Ft Home
  • 2-Story Property
  • Washer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Sewer in Street

Community Details

  • Weatherstone Condo Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,166

Year Built

Built in 1994

Lot Details

0

HOA Fees

$305 per month

Listing Details

  • Property Type: Condominium
  • Architecture Level: 2 Story
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Kitchen Appliances: Washer
  • Sq Ft Combined: 1101
  • Total Sq Ft: 1101

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Vinyl
  • Porch Type: Deck
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Water at Street
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fee: 305
  • Association Fee: Yes

Schools

  • School District: Ann Arbor

Tax Info

  • Tax Amount Summer: 2277.0000
  • Tax Amount Winter: 889.0000
  • Total Tax: 3166.0000

MLS Schools

  • School District: Ann Arbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2022
Closed on
Aug 19, 2022
Sold by
Yuxuan Li
Bought by
Klozik Michael G
Seller's Agent
Tom Stachler
Real Estate One Inc
Buyer's Agent
Stacie Dugas
The Charles Reinhart Company
List Price
$219,900
Sold Price
$222,000
Premium/Discount to List
$2,100
0.95%
Current Estimated Value
$261,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,405
Avg. Annual Appreciation
5.18%
Original Mortgage
$130,000
Outstanding Balance
$124,787
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$132,994

Purchase Details

Listed on
Jan 18, 2017
Closed on
Feb 10, 2017
Sold by
Yang Qia and Liu Yuwei
Bought by
Li Yuxuan
Seller's Agent
Ryan Gehris
USRealty.com, LLP
Buyer's Agent
Tom Stachler
Real Estate One
List Price
$178,000
Sold Price
$175,000
Premium/Discount to List
-$3,000
-1.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.40%

Purchase Details

Listed on
Aug 19, 2016
Closed on
Sep 27, 2016
Sold by
Krishanan Kalliana R and Krishna Carol L
Bought by
Yang Qia and Liu Yuwei
Seller's Agent
Cheryl Clossick
Real Estate One Inc
Buyer's Agent
Jessy Glassel
The Charles Reinhart Company
List Price
$169,950
Sold Price
$157,000
Premium/Discount to List
-$12,950
-7.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.09%

Purchase Details

Closed on
Jun 1, 2015
Sold by
Krishnan Shree J and Krishnan Gail A
Bought by
Krishnan Kalliana R and Carol L Krishnan R

Purchase Details

Closed on
Nov 28, 2005
Sold by
Phillips Ruby E
Bought by
Krishnan Shree Jay and Krishnan Gail Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,250
Interest Rate
6.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 22, 1996
Sold by
Est Larry L Pomerville
Bought by
Phillips Ruby E

Purchase Details

Closed on
Jun 2, 1995
Sold by
Weatherstone Dev Corp
Bought by
Pomerville Larry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,750
Interest Rate
8.27%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $222,000 None Listed On Document
Warranty Deed $175,000 None Available
Warranty Deed $157,000 None Available
Warranty Deed $150,000 None Available
Warranty Deed $155,500 Central Title & Metropolitan
Deed $88,000 --
Deed $92,235 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $130,000 New Conventional
Previous Owner $116,250 Fannie Mae Freddie Mac
Previous Owner $73,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2022 08/19/22 Sold $222,000 +1.0% $202 / Sq Ft
08/19/2022 08/19/22 Pending -- -- --
07/12/2022 07/12/22 For Sale $219,900 +25.7% $200 / Sq Ft
02/10/2017 02/10/17 Sold $175,000 -1.7% $159 / Sq Ft
01/24/2017 01/24/17 Pending -- -- --
01/18/2017 01/18/17 For Sale $178,000 +13.4% $162 / Sq Ft
09/27/2016 09/27/16 Sold $157,000 -7.6% $143 / Sq Ft
09/26/2016 09/26/16 Pending -- -- --
08/19/2016 08/19/16 For Sale $169,950 -- $154 / Sq Ft
Source: Realcomp

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 $4,530 $128,846 $0 $0
2024 $3,030 $123,748 $0 $0
2023 $2,911 $112,500 $0 $0
2022 $3,838 $102,600 $0 $0
2021 $3,746 $96,600 $0 $0
2020 $3,676 $89,500 $0 $0
2019 $3,464 $88,000 $88,000 $0
2018 $3,409 $85,800 $0 $0
2017 $2,923 $74,300 $0 $0
2016 $2,277 $70,600 $0 $0
2015 -- $45,345 $0 $0
2014 -- $43,929 $0 $0
2013 -- $43,929 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 217004206

Realcomp

APN: 12-07-105-220