NOT LISTED FOR SALE

1540 Siller Terrace Ann Arbor, MI 48103

Eberwhite Neighborhood

Estimated Value: $270,000 - $2,770,000

-- Bed
-- Bath
12,000 Sq Ft
$154/Sq Ft Est. Value

Last Sold April 07, 2023

Last sale price $4,120,000 $343 Per Sq Ft

Current estimated payment $13,209/month

76 Days on Market

Highlights

  • 1.06 Acre Lot
  • Central Air
  • 1-minute walk to Virginia Park
  • Eberwhite Elementary School Rated A
  • Laundry Facilities

About This Home

As of April 2023

This home is located at 1540 Siller Terrace, Ann Arbor, MI 48103 since 18 November 2022 and is currently estimated at $1,847,233, approximately $153 per square foot. This property was built in 1980. 1540 Siller Terrace is a home located in Washtenaw County with nearby schools including Eberwhite Elementary School, Slauson Middle School, and Pioneer High School.

Last Agent to Sell the Property

Andrea Gotcher

Resource Realty Group License #6502431234 Listed on: 11/18/2022

Last Buyer's Agent

Linda Lombardini

Trillium Real Estate License #6501255870

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $60,666

Year Built

  • Built in 1980

Lot Details

  • 1.06

Home Design

  • Slab Foundation

Schools

  • Eberwhite Elementary School
  • Slauson Middle School
  • Pioneer High School

Additional Features

  • 1.06 Acre Lot
  • Central Air

Community Details

Building Details

  • Insurance Expense $364,963
  • Gross Income $245,621

Additional Features

  • 8 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$60,666

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi Family
  • Year Built: 1980
  • Location Property Info:Property Sub-Type: 5+ Units
  • General Property Info:Basement: No
  • Tax Info:Zoning3: R2A
  • General Property Info:Total _pound_ Units: 8
  • Air Conditioning:Central Air: Yes
  • Substructure:Slab: Yes
  • Extras:Laundry Facility: Yes
  • General Property Info Elementary School2: Eberwhite Elementary School
  • General Property Info High School: Pioneer High School
  • General Property Info Middle School2: Slauson Middle School
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab
  • Basement: No

Exterior Features

  • Construction Materials: Other
  • List Price: 4200000.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Schools

  • Elementary School: Eberwhite Elementary School
  • High School: Pioneer High School
  • Middle/Junior School: Slauson Middle School

Lot Info

  • Lot Size Acres: 1.06
  • Lot Size Area: 1.06
  • Lot Size Sq Ft: 46174.0
  • Zoning Description: R2A

Multi Family

  • Gross Income: 245621.0
  • Insurance Expense: 364963.0
  • Number of Units Total: 8

Tax Info

  • Tax Annual Amount: 60666.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2022
Closed on
Apr 6, 2023
Sold by
Glorycrest Siller Terrace Inc
Bought by
Ann Arbor Housing Development Corporation
Seller's Agent
Andrea Gotcher
Resource Realty Group
Buyer's Agent
Linda Lombardini
Trillium Real Estate
List Price
$4,200,000
Sold Price
$4,120,000
Premium/Discount to List
-$80,000
-1.9%
Current Estimated Value
$1,847,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,272,767
Avg. Annual Appreciation
-20.90%
Original Mortgage
$1,500
Outstanding Balance
$1,462
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$2,323,510

Purchase Details

Listed on
May 17, 2017
Closed on
Nov 10, 2017
Sold by
Siller Terrace Llc
Bought by
Glorycrest Siller Terrace Inc
Seller's Agent
Gordon Taylor
Howard Hanna Real Estate
Buyer's Agent
No Member
Non Member Sales
List Price
$1,795,860
Sold Price
$1,479,000
Premium/Discount to List
-$316,860
-17.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.85%

Purchase Details

Closed on
Jan 5, 2006
Sold by
Siller John R
Bought by
Siller Terrace Llc
Source: Public Records

Range of Values:

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
Ann Arbor Housing Development Corporation -- Liberty Title
Glorycrest Siller Terrace Inc $1,479,000 American Title Co Of Washten
Siller Terrace Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ann Arbor Housing Development $1,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2023 04/07/23 Sold $4,120,000 -1.9% $343 / Sq Ft
02/02/2023 02/02/23 Pending -- -- --
11/18/2022 11/18/22 For Sale $4,200,000 0.0% $350 / Sq Ft
06/16/2021 06/16/21 Rented $1,500 +7.1% --
06/16/2021 06/16/21 Under Contract -- -- --
03/26/2021 03/26/21 For Rent $1,400 0.0% --
12/30/2020 12/30/20 Rented $1,400 -17.6% --
12/30/2020 12/30/20 Under Contract -- -- --
08/25/2020 08/25/20 For Rent $1,700 0.0% --
11/10/2017 11/10/17 Sold $1,479,000 -17.6% $123 / Sq Ft
11/10/2017 11/10/17 Pending -- -- --
05/17/2017 05/17/17 For Sale $1,795,860 -- $150 / 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 $40,403 $0 $0 $0
2024 $40,403 $0 $0 $0
2023 $31,344 $1,262,400 $0 $0
2022 $37,937 $1,151,600 $0 $0
2021 $55,411 $1,076,100 $0 $0
2020 $58,036 $1,065,700 $0 $0
2019 $55,747 $1,003,500 $1,003,500 $0
2018 $54,312 $850,000 $0 $0
2017 $28,275 $906,000 $0 $0
2016 $27,551 $445,268 $0 $0
2015 $26,420 $443,937 $0 $0
2014 $26,420 $430,065 $0 $0
2013 -- $430,065 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andrea Gotcher

    Seller's Agent in 2023

    Andrea Gotcher

    Resource Realty Group

    (248) 825-7500

    3 in this area

    105 Total Sales

    Andrea Gotcher
    Section Image
  • Linda Lombardini

    Buyer's Agent in 2023

    Linda Lombardini

    Trillium Real Estate

    (734) 216-6415

    8 in this area

    143 Total Sales

    Linda Lombardini
    Section Image

  • G

    Buyer Co-Listing Agent in 2023

    Gordon Loll

    Trillium Real Estate

    (734) 320-5747

    4 in this area

    42 Total Sales

    Gordon Loll
    Section Image

  • C

    Seller's Agent in 2021

    Carmel Mifsud

    Century 21 Affiliated

  • D

    Buyer's Agent in 2021

    Dennis Timmermann

    Century 21 Affiliated

    Section Image

  • G

    Seller's Agent in 2017

    Gordon Taylor

    Howard Hanna Real Estate

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20130

Southwestern Michigan Association of REALTORS®

APN: 09-30-401-011

Michigan Washtenaw County Ann Arbor 48103 Eberwhite

1540 Siller Terrace, Ann Arbor, MI

This home is located at 1540 Siller Terrace, Ann Arbor, MI 48103 since 18 November 2022 and is currently estimated at $1,847,233, approximately $153 per square foot. This property was built in 1980. 1540 Siller Terrace is a home located in Washtenaw County with nearby schools including Eberwhite Elementary School, Slauson 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.
Copyright 2025 MichRIC, LLC. All rights reserved.

Nearby Homes