NOT LISTED FOR SALE

Estimated Value: $294,000 - $489,000

2 Beds
3 Baths
-- Sq Ft
3,049 Sq Ft Lot

Last Sold October 07, 2022

Last sale price $200,000

Est. 97% increase in value since last sale

Current estimated payment $2,984/month

17 Days on Market

Highlights

  • Laundry Facilities
  • Wood Siding
  • 4-minute walk to Maryfield Wildwood Park
  • Haisley Elementary School Rated A

About This Home

As of October 2022

This home is located at 1601 Dexter Ave, Ann Arbor, MI 48103 since 14 July 2021 and is currently estimated at $394,792. This property was built in 1920. 1601 Dexter Ave is a home located in Washtenaw County with nearby schools including Haisley Elementary School, Slauson Middle School, and Skyline High School.

Last Agent to Sell the Property

Jim Manolakis

National Realty Centers License #6501321231 Listed on: 07/14/2021

National Realty Centers

Last Buyer's Agent

James Manolakis

Keller Williams Ann Arbor Mrkt

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 40 x 82

Parking

  • 2 Parking Spaces

Home Design

  • Wood Siding

Basement

  • Partial Basement
  • Crawl Space

Schools

  • Haisley Elementary School
  • Skyline High School

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric, water

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units
  • Grand View Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Insurance Expense $6,421
  • Gross Income $18,840

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1920
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 40 x 82
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 5317.0
  • Tax Info:Zoning3: R2A
  • General Property Info:Total _pound_ Units: 2
  • Substructure:Partial: Yes
  • Location Property Info:Subdivision2: Grand View
  • Substructure:Crawl Space: Yes
  • Extras:Laundry Facility: Yes
  • General Property Info Elementary School2: Haisley Elementary School
  • General Property Info High School: Skyline High School
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space, Partial
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 275000.0
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Condo/Co-op/Association

  • Association Amenities: Cable TV
  • Association: Yes

Association/Amenities

  • Assoc Amenities:Cable TV: Yes

Schools

  • Elementary School: Haisley Elementary School
  • High School: Skyline High School

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Dimensions: 40 x 82
  • Lot Size Sq Ft: 3049.0
  • Zoning Description: R2A

Rental Info

  • Tenant Pays: Electric, Water

Multi Family

  • Gross Income: 18840.0
  • Insurance Expense: 6421.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 5317.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2021
Closed on
Aug 30, 2022
Sold by
Michos Investment Company Llc
Bought by
Green And White Properties Llc
Seller's Agent
Jim Manolakis
National Realty Centers
Buyer's Agent
Jim Manolakis
National Realty Centers
List Price
$275,000
Sold Price
$200,000
Premium/Discount to List
-$75,000
-27.27%
Current Estimated Value
$394,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,792
Avg. Annual Appreciation
26.78%
Original Mortgage
$200,000
Outstanding Balance
$192,187
Interest Rate
5.66%
Mortgage Type
Credit Line Revolving
Estimated Equity
$194,645

Purchase Details

Closed on
Dec 4, 2001
Sold by
Michos Elaine N
Bought by
Michos Investment Co Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Green And White Properties Llc $200,000 --
Michos Investment Co Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Green And White Properties Llc $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2022 10/07/22 Sold $200,000 -27.3% --
07/31/2021 07/31/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $275,000 -- --
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 $9,649 $176,300 $0 $0
2024 $8,080 $150,000 $0 $0
2023 $7,469 $143,000 $0 $0
2022 $5,649 $139,100 $0 $0
2021 $5,504 $129,500 $0 $0
2020 $5,317 $131,500 $0 $0
2019 $5,071 $127,700 $127,700 $0
2018 $4,976 $141,500 $0 $0
2017 $4,800 $107,600 $0 $0
2016 $3,735 $75,591 $0 $0
2015 $4,485 $75,365 $0 $0
2014 $4,485 $73,011 $0 $0
2013 -- $73,011 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19986

Southwestern Michigan Association of REALTORS®

APN: 09-30-117-018