NOT LISTED FOR SALE

1537 Packard St Ann Arbor, MI 48104

North Burns Park Neighborhood

Estimated Value: $1,161,000 - $1,677,508

12 Beds
6 Baths
-- Sq Ft
0.39 Acres

Last Sold March 21, 2019

Last sale price $762,584

Est. 88% increase in value since last sale

Current estimated payment $9,493/month

48 Days on Market

Highlights

  • 0.39 Acre Lot
  • Burns Park Elementary School Rated A
  • Laundry Facilities

About This Home

As of March 2019

This home is located at 1537 Packard St, Ann Arbor, MI 48104 since 31 January 2019 and is currently estimated at $1,436,627. This property was built in 1925. 1537 Packard St is a home located in Washtenaw County with nearby schools including Burns Park Elementary School, Tappan Middle School, and Pioneer High School.

Last Agent to Sell the Property

Katherine Mills

The Charles Reinhart Company License #6501404856 Listed on: 01/31/2019

Last Buyer's Agent

David Greiner

Greiner Realty Inc License #6502403402

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,271

Year Built

  • Built in 1925

Lot Details

  • 0.39

Schools

  • Burns Park Elementary School
  • Tappan Middle School
  • Pioneer High School

Additional Features

  • Basement Fills Entire Space Under The House
  • 0.39 Acre Lot

Community Details

  • 9 Units
  • Laundry Facilities
  • Gross Income $72,220

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,271

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi Family
  • Year Built: 1925
  • Location Property Info:Property Sub-Type: 5+ Units
  • General Property Info:Basement: Yes
  • Tax Info:Zoning3: R4C
  • General Property Info:Total _pound_ Units: 9
  • Substructure:Full: Yes
  • Extras:Laundry Facility: 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
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Other
  • List Price: 799000.0

Schools

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

Lot Info

  • Lot Size Acres: 0.39
  • Lot Size Area: 0.39
  • Lot Size Sq Ft: 16988.0
  • Zoning Description: R4C

Multi Family

  • Gross Income: 72220.0
  • Number of Units Total: 9

Tax Info

  • Tax Annual Amount: 10271.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2019
Closed on
May 14, 2019
Sold by
Jacobs Laura A
Bought by
Greiner David
Seller's Agent
Katherine Mills
The Charles Reinhart Company
Buyer's Agent
David Greiner
Greiner Realty Inc
List Price
$799,000
Sold Price
$762,584
Premium/Discount to List
-$36,416
-4.56%
Current Estimated Value
$1,436,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$674,043
Avg. Annual Appreciation
9.66%
Original Mortgage
$561,000
Outstanding Balance
$493,233
Interest Rate
4.2%
Mortgage Type
Commercial
Estimated Equity
$943,395

Purchase Details

Closed on
Jun 14, 2012
Sold by
Jacobs Laura A
Bought by
823 Dewey Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,930
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2002
Sold by
Jacobs Laura A
Bought by
823 Dewey Llc

Purchase Details

Closed on
Nov 12, 2002
Sold by
Jacobs Laura A
Bought by
1537 Packard Llc

Purchase Details

Closed on
Oct 8, 1998
Sold by
Hefner Robert A
Bought by
Jacobs Christine M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Greiner David $748,584 Barristers Setmnt & Ttl Agcy
Jacobs Laura A -- Barristers Title
823 Dewey Llc -- None Available
Jacobs Laura A -- None Available
823 Dewey Llc -- --
1537 Packard Llc -- --
Jacobs Christine M $370,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greiner David $561,000
Previous Owner Jacobs Laura A $328,930
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2019 03/21/19 Sold $762,584 -4.6% --
03/20/2019 03/20/19 Pending -- -- --
01/31/2019 01/31/19 For Sale $799,000 -- --
Source: MichRIC

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 $24,401 $583,600 $0 $0
2024 $23,732 $516,800 $0 $0
2023 $21,541 $432,600 $0 $0
2022 $26,071 $425,500 $0 $0
2021 $25,335 $399,600 $0 $0
2020 $24,538 $375,000 $0 $0
2019 $10,853 $368,700 $368,700 $0
2018 $10,648 $355,900 $0 $0
2017 $10,272 $351,700 $0 $0
2016 $10,009 $161,757 $0 $0
2015 $9,598 $161,274 $0 $0
2014 $9,598 $280,900 $0 $0
2013 -- $280,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2019

    Katherine Mills

    The Charles Reinhart Company

  • D

    Buyer's Agent in 2019

    David Greiner

    Greiner Realty Inc

    (734) 904-5972

    2 Total Sales

    David Greiner
    Section Image
See All Agents

Map

Source: MichRIC

MLS Number: 23063751

MichRIC

APN: 09-33-308-009

Michigan Washtenaw County Ann Arbor 48104 North Burns Park

1537 Packard St, Ann Arbor, MI

Not Listed for Sale

MultiFamily

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.

MichRIC Information is deemed reliable but not guaranteed.
Copyright 2025 MichRIC, LLC. All rights reserved.

Nearby Homes