NOT LISTED FOR SALE

1692 Scio Ridge Rd Ann Arbor, MI 48103

Estimated Value: $535,170 - $578,000

3 Beds
3.5 Baths
2,929 Sq Ft
$189/Sq Ft Est. Value

Last Sold December 20, 2021

Last sale price $451,500 $154 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,687/month

57 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • No HOA
  • Dicken Elementary School Rated A
  • Wood Flooring
  • Breakfast Area or Nook

About This Home

As of December 2021

Great opportunity to own this investment with 4 years rental contract signed!! Welcome to this sun-filled gorgeous single house in Ravines neighborhood. 3 beds, 3.5 baths with finished basement. Open spacious 2 stories entrance, and living room with grand windows. The beautiful white staircase provides an elegant view from the 2nd floor. The kitchen has an oak cabinet with a breakfast nook. Carpet throughout the first and second floors. Master suite with vaulted ceiling, walk-in closet, shower, and bathtub. Finished basement with wood floor, and full bath. Study room with double French door. Brand new driveway, new paint on the deck, 2017 roof, new dryer. Easy to access to freeways, downtown Ann Arbor, parks. Township taxes, Ann Arbor Public Schools. The current tenant has the lease contract till 2025. 24 hours notice is needed., Primary Bath

Last Agent to Sell the Property

Kathy Li

The Charles Reinhart Company License #6501429924 Listed on: 10/19/2021

The Charles Reinhart Company

Co-Listed By

Judie Wu

The Charles Reinhart Company License #6501380541

Last Buyer's Agent

Kathy Li

The Charles Reinhart Company License #6501429924 Listed on: 10/19/2021

The Charles Reinhart Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,338

Year Built

  • Built in 1997

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Window Treatments
  • Living Room
  • Dining Area

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Patio

Schools

  • Dicken Elementary School
  • Slauson Middle School
  • Pioneer High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • The Ravines Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,338

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1997
  • ResoPropertyType: Residential
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Microwave: Yes
  • Architectural Style:Colonial: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Flooring: Carpet, Laminate, Vinyl, Wood
  • Interior Amenities: Garage Door Opener, Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Basement: Daylight, Full, Slab
  • LivingArea: 2929.0
  • Window Features: Window Treatments
  • Basement Rooms:Basement Full Baths: 1
  • Basement Rooms:Basement Finished SQFT: 850.0
  • Basement Rooms:Total Basement SQFT: 2079.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Breakfast Nook: Yes
  • Appliances Dishwasher: Yes
  • Below Grade Sq Ft: 850.0

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • List Price: 473000.0
  • Lot Features: Sidewalk
  • Patio and Porch Features: Deck, Patio
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Hot Water
  • Heating: Yes
  • Sewer: Public
  • Utilities: Storm Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6098.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6338.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2021
Sold by
Yu Qing
Bought by
Yu Qing
Total Days on Market
57
Current Estimated Value
$553,793

Purchase Details

Closed on
Aug 20, 2021
Sold by
Yu
Bought by
Zhang Zhe and Wang He

Purchase Details

Closed on
Dec 16, 2001
Sold by
Nallakatla Mahesh
Bought by
Yang Weidong

Purchase Details

Closed on
Aug 20, 1998
Sold by
Chase Co
Bought by
John Richards Wexford Homes Llc

Purchase Details

Closed on
Oct 15, 1997
Sold by
John Richards Homes and John Wexf
Bought by
Nallakatla Mahesh and Nallakatla Suneeta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,100
Interest Rate
7.65%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Yu Qing -- None Available
Zhang Zhe $451,500 None Available
Yu Qing -- None Available
Yang Weidong $255,000 --
John Richards Wexford Homes Llc $58,000 --
Nallakatla Mahesh $181,641 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Zhe $330,000
Previous Owner Yang Weidong $88,350
Previous Owner Nallakatla Mahesh $153,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2021 12/20/21 Sold $451,500 -4.5% $154 / Sq Ft
12/15/2021 12/15/21 Pending -- -- --
10/19/2021 10/19/21 For Sale $473,000 0.0% $161 / Sq Ft
04/26/2021 04/26/21 Rented $2,400 -7.7% --
04/26/2021 04/26/21 Under Contract -- -- --
04/01/2021 04/01/21 For Rent $2,600 +7.0% --
09/01/2015 09/01/15 Rented $2,430 +1.3% --
09/01/2015 09/01/15 Under Contract -- -- --
07/07/2015 07/07/15 For Rent $2,400 -- --
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
2024 $7,075 $231,900 $0 $0
2023 $6,748 $210,300 $0 $0
2022 $8,372 $158,100 $0 $0
2021 $6,305 $155,100 $0 $0
2020 $6,284 $153,000 $0 $0
2019 $5,866 $145,000 $145,000 $0
2018 $5,694 $142,800 $0 $0
2017 $5,442 $140,700 $0 $0
2016 $3,574 $110,841 $0 $0
2015 -- $110,510 $0 $0
2014 -- $107,058 $0 $0
2013 -- $107,058 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23089806

Southwestern Michigan Association of REALTORS®

APN: 08-36-435-056