NOT LISTED FOR SALE

Estimated Value: $818,749 - $910,000

5 Beds
3 Baths
-- Sq Ft
8,712 Sq Ft Lot Lot

Sale Details

Date Sold: June 18, 2025

Last sale price $870,000

Est. 1% decrease in value since last sale

Current estimated payment $5,626 / mo

46 Days on Market

About This Home

As of June 2025

Beautifully renovated triplex in the heart of Ann Arbor. Perfect for investors or owner-occupants. This turnkey property offers 3 updated units, each with modern kitchens (quartz counters, stainless appliances, soft-close cabinets), stylish baths, in-unit laundry, and private decks. Updated mechanicals include new furnaces, A/C, and water heaters. Separately metered utilities are paid by tenants, boosting ROI. With strong rental history and projected rents of $6,300/month, plus off-street parking and professional management, this is a rare, high-demand opportunity.

Last Agent to Sell the Property

Jeffrey Post

@properties Christie's Int'lAA License #6501358845 Listed on: 05/03/2025

@properties Christie's Int'lAA

Last Buyer's Agent

Jeffrey Post

@properties Christie's Int'lAA License #6501358845 Listed on: 05/03/2025

@properties Christie's Int'lAA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,881

Year Built

  • Built in 1956

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132

Home Design

  • Composition Roof
  • Aluminum Siding
  • Concrete Siding

Parking

  • 6 Parking Spaces
  • Driveway

Schools

  • Northside Elementary School
  • Clague Middle School
  • Skyline High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Individual Gas Meter
  • Separate Water Meter
  • Shared Water Meter

Additional Features

  • Laundry in unit
  • Basement Fills Entire Space Under The House
  • Mineral Rights Excluded

Community Details

  • 3 Units
  • Gross Income $75,000

Listing and Financial Details

  • Tenant pays for electric, water, trash, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,881

Year Built

Built in 1956

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1956
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • OfficeContract Info:List PriceSqFt2: 481.91
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 66x132
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Zoning3: R1C
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Mineral Rights:No: Yes
  • Extras:Sep Gas Meter: Yes
  • Extras:Sep Water Meter: Yes
  • General Property Info Elementary School2: Northside Elementary School
  • General Property Info High School: Skyline High School
  • General Property Info Middle School2: Clague Middle School
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Construction Materials: Aluminum Siding, Concrete
  • List Price: 879000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Material:Concrete: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway
  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Electricity Connected, Storm Sewer

Schools

  • Elementary School: Northside Elementary School
  • High School: Skyline High School
  • Middle/Junior School: Clague Middle School

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Dimensions: 66x132
  • Lot Size Sq Ft: 8712.0
  • Zoning Description: R1C

Rental Info

  • Owner Pays: None
  • Tenant Pays: Electric, Water, Trash, Gas

Multi Family

  • Gross Income: 75000.0
  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 15881.19
  • Tax Year: 2025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2025
Closed on
Jun 18, 2025
Sold by
1615 Peach St Llc
Bought by
Pettie Seth and Pettie Elizabeth
Seller's Agent
Jeffrey Post
@properties Christie's Int'lAA
Buyer's Agent
Jeffrey Post
@properties Christie's Int'lAA
List Price
$925,000
Sold Price
$870,000
Premium/Discount to List
-$55,000
-5.95%
Views
25
Current Estimated Value
$858,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,313
Avg. Annual Appreciation
-1.51%
Original Mortgage
$652,500
Outstanding Balance
$649,088
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$209,599

Purchase Details

Closed on
Nov 22, 2023
Sold by
Pantaleo Ryan
Bought by
1615 Peach St Llc

Purchase Details

Closed on
May 13, 2021
Sold by
Armand P W Hewett Revocable Trust
Bought by
Pantaleo Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2001
Sold by
Hewett Armand P W
Bought by
Hewett Armand P W Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pettie Seth $870,000 Ata National Title
Pettie Seth $870,000 Ata National Title
1615 Peach St Llc -- None Listed On Document
1615 Peach St Llc -- None Listed On Document
Pantaleo Ryan $425,000 None Available
Hewett Armand P W Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pettie Seth $652,500
Closed Pettie Seth $652,500
Previous Owner Pantaleo Ryan $318,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2025 06/18/25 Sold $870,000 -1.0% --
05/29/2025 05/29/25 Price Changed $879,000 -5.0% --
05/03/2025 05/03/25 For Sale $925,000 -- --
Source: MichRIC

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 $12,875 $252,100 $0 $0
2024 $12,313 $234,400 $0 $0
2023 $11,370 $217,700 $0 $0
2022 $14,025 $211,300 $0 $0
2021 $6,714 $204,800 $0 $0
2020 $6,502 $202,900 $0 $0
2019 $6,202 $175,700 $175,700 $0
2018 $6,085 $168,100 $0 $0
2017 $5,870 $157,900 $0 $0
2016 $4,568 $92,448 $0 $0
2015 $5,485 $92,172 $0 $0
2014 $5,485 $89,293 $0 $0
2013 -- $89,293 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 25019478

MichRIC

APN: 09-21-210-006

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