NOT LISTED FOR SALE

1700 Packard St Ann Arbor, MI 48104

Lower Burns Park Neighborhood

Estimated Value: $871,758 - $1,111,000

-- Bed
6 Baths
-- Sq Ft
6,621 Sq Ft Lot

Last Sold September 15, 2015

Last sale price $450,000

Est. 110% increase in value since last sale

Current estimated payment $6,309/month

30 Days on Market

About This Home

As of September 2015

This home is located at 1700 Packard St, Ann Arbor, MI 48104 since 06 April 2015 and is currently estimated at $973,690. This property was built in 1937. 1700 Packard St is a home located in Washtenaw County with nearby schools including Burns Park Elementary School, Tappan Middle School, and Pioneer High School.

Last Agent to Sell the Property

Bela Sipos

The Charles Reinhart Company License #6501223592 Listed on: 04/06/2015

The Charles Reinhart Company

Last Buyer's Agent

No Member

Non Member Sales

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,173

Year Built

  • Built in 1937

Lot Details

  • 6,621 Sq Ft Lot
  • Lot Dimensions are 50 x 132

Parking

  • 6 Parking Spaces

Basement

  • Basement Fills Entire Space Under The House

Schools

  • Burns Park Elementary School
  • Tappan Middle School
  • Pioneer High School

Community Details

  • 4 Units
  • Insurance Expense $2,760

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,173

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1937
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50 x 132
  • General Property Info:Basement: Yes
  • Tax Info:Zoning3: R4C
  • General Property Info:Total _pound_ Units: 4
  • Substructure:Full: Yes
  • General Property Info Elementary School2: Burns Park Elementary School
  • General Property Info High School: Pioneer High School
  • General Property Info Middle School2: Tappan Middle School
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Block
  • List Price: 540000.0

Garage/Parking

  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0

Schools

  • Elementary School: Burns Park Elementary School
  • High School: Pioneer High School
  • Middle/Junior School: Tappan Middle School

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Dimensions: 50 x 132
  • Lot Size Sq Ft: 6621.0
  • Zoning Description: R4C

Rental Info

  • Tenant Pays: Electric

Multi Family

  • Insurance Expense: 2760.0
  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 9173.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2016
Sold by
Mitchell Heidi
Bought by
1700 Packard Llc
Current Estimated Value
$944,357

Purchase Details

Listed on
Apr 6, 2015
Closed on
Sep 15, 2015
Sold by
Heald Stephen T and Heald Ann
Bought by
Mitchell Heidi
Seller's Agent
Bela Sipos
The Charles Reinhart Company
Buyer's Agent
No Member
Non Member Sales
List Price
$540,000
Sold Price
$450,000
Premium/Discount to List
-$90,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.74%
Original Mortgage
$412,500
Interest Rate
3.93%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
1700 Packard Llc -- None Available
Mitchell Heidi $450,000 Title Solutions
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mitchell Heidi $412,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2015 09/15/15 Sold $450,000 -16.7% --
05/06/2015 05/06/15 Pending -- -- --
04/06/2015 04/06/15 For Sale $540,000 -- --
Source: MichRIC

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 $17,032 $346,300 $0 $0
2024 $16,565 $325,000 $0 $0
2023 $15,296 $301,200 $0 $0
2022 $18,513 $281,100 $0 $0
2021 $17,990 $296,600 $0 $0
2020 $17,424 $290,400 $0 $0
2019 $17,009 $275,000 $275,000 $0
2018 $16,306 $255,200 $0 $0
2017 $16,785 $266,700 $0 $0
2016 $14,348 $230,000 $0 $0
2015 $9,173 $154,145 $0 $0
2014 $9,173 $149,329 $0 $0
2013 -- $149,329 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bela Sipos

    Seller's Agent in 2015

    Bela Sipos

    The Charles Reinhart Company

    (734) 669-5879

    3 Total Sales

    Bela Sipos
    Section Image

  • N

    Buyer's Agent in 2015

    No Member

    Non Member Sales

See All Agents

Map

Source: MichRIC

MLS Number: 17866

MichRIC

APN: 09-33-311-004

Michigan Washtenaw County Ann Arbor 48104 Lower Burns Park

1700 Packard St, Ann Arbor, MI

Not Listed for Sale

MultiFamily

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