NOT LISTED FOR SALE

1550 Franklin St Ann Arbor, MI 48103

Garden Homes Neighborhood

Estimated Value: $394,000 - $482,000

3 Beds
2 Baths
936 Sq Ft
$466/Sq Ft Est. Value

Last Sold January 28, 2021

Last sale price $370,000 $395 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,017/month

1 Day on Market

Highlights

  • 0.4 Acre Lot
  • Deck
  • Ground Level Unit
  • Wines Elementary School Rated A
  • Ranch Style House
  • 2-minute walk to Garden Homes Park

About This Home

As of January 2021

Fully updated & ready for you, this home has it all! A welcoming covered porch, fresh exterior paint, & a newly paved driveway lead the way to an all-new interior where luxury vinyl plank floors & crisp paint are the perfect backdrop for your personal touch. Featuring new windows, doors, fixtures, trim, carpet, & crown molding, you’ll diminish your project list. At the heart of the home mix up meals & memories in your kitchen with new appliances, quartz countertops, extra tall cabinets & beautiful custom tile backsplash. The partially finished basement extends the space for a rec room or den with ample storage & a new full bath. You’ll be able to enjoy the large double lot from the new back deck which spans the length of the home & overlooks the private tree-lined backyard. Conveniently nestled off M-14 just minutes from downtown & within walking distance to community parks, paths, & playgrounds, you’ll love the prime location & reputable Ann Arbor school district. Act now!

Last Agent to Sell the Property

Kelly Leone

Trowbridge Realty License #6501390265 Listed on: 11/18/2020

Last Buyer's Agent

Guillermo Fleuruqin

Coldwell Banker Realty License #6501387645

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1973 | Remodeled in 2020

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 72.00x239.00
  • Fenced

Home Design

  • Ranch Style House
  • Poured Concrete
  • Composition Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 936 Sq Ft Home
  • Ceiling Fan
  • Carbon Monoxide Detectors
  • Partially Finished Basement

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Liquid Propane Gas Water Heater
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 090919213017

Community Details

Overview

  • No Home Owners Association
  • Garden Homes Park Sub Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,000

Year Built

Built in 1973 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1973
  • State Equalized Value: 109000.0000
  • Year Renovated: 2020
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Carbon Monoxide Alarm(s)
  • Room Count: 10
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Free-Standing Gas Range, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 1336
  • Sq Ft Lower Floor: 400
  • Total Sq Ft: 936
  • Sq Ft Total Bsmt: 936

Exterior Features

  • Roof Material: Asphalt, Composition
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Fenced
  • Foundation Materials: Poured
  • Frontage Feet: 1500
  • Porch Type: Deck, Porch - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Sideof Street: E

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: LP Gas/Propane
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Heater Fuel: LP Gas/Propane
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ann Arbor

Lot Info

  • List Price per Acre: 912220.0000
  • Lot Size Area: 0.40
  • Lot Dimensions: 72.00X239.00
  • Parcel Number: 090919213017

Tax Info

  • Tax Amount Summer: 3000.0000
  • Tax Amount Winter: 1000.0000
  • Total Tax: 4000.0000
  • Taxable Value: 70747.0000

MLS Schools

  • School District: Ann Arbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2020
Closed on
Jan 28, 2021
Sold by
Bcb Llc
Bought by
Kortesoja Ellen and Moy Timothy
Seller's Agent
Kelly Leone
Trowbridge Realty
Buyer's Agent
Guillermo Fleuruqin
Coldwell Banker Realty
List Price
$364,888
Sold Price
$370,000
Premium/Discount to List
$5,112
1.4%
Current Estimated Value
$436,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,252
Avg. Annual Appreciation
3.40%
Original Mortgage
$333,000
Outstanding Balance
$298,688
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$132,492

Purchase Details

Closed on
Sep 15, 2020
Sold by
Szalay John J and Estate Of Jeanette Mary Szalay
Bought by
Bcb Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,000
Interest Rate
2.8%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Kortesoja Ellen $370,000 Ata National Title Group Llc
Bcb Llc $200,000 First American Title Ins Co
Ohio Limited Liability Company $200,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kortesoja Ellen $333,000
Previous Owner Bcb Llc $226,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2021 01/28/21 Sold $370,000 +1.4% $395 / Sq Ft
11/20/2020 11/20/20 Pending -- -- --
11/18/2020 11/18/20 For Sale $364,888 -- $390 / 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 $7,678 $184,300 $0 $0
2024 $7,149 $161,500 $0 $0
2023 $6,592 $148,300 $0 $0
2022 $7,772 $152,800 $0 $0
2021 $6,059 $118,100 $0 $0
2020 $3,606 $109,000 $0 $0
2019 $3,432 $96,400 $96,400 $0
2018 $3,383 $90,700 $0 $0
2017 $3,291 $93,000 $0 $0
2016 $3,175 $65,815 $0 $0
2015 $3,024 $65,619 $0 $0
2014 $3,024 $63,569 $0 $0
2013 -- $63,569 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kelly Leone

    Trowbridge Realty

    Section Image
  • Guillermo Fleuruqin

    Buyer's Agent in 2021

    Guillermo Fleuruqin

    Coldwell Banker Realty

    (734) 276-1701

    2 in this area

    211 Total Sales

    Guillermo Fleuruqin
    Section Image
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Map

Source: Realcomp

MLS Number: 2200094593

Realcomp

APN: 09-19-213-017

Michigan Washtenaw County Ann Arbor 48103 Garden Homes

1550 Franklin St, Ann Arbor, MI

This home is located at 1550 Franklin St, Ann Arbor, MI 48103 since 18 November 2020 and is currently estimated at $436,252, approximately $466 per square foot. This property was built in 1973. 1550 Franklin St is a home located in Washtenaw County with nearby schools including Wines Elementary School, Forsythe Middle School, and Skyline 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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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