$417,500
SOLD SEP 20, 2019

1702 Reserve Way Ann Arbor, MI 48103

4 Beds
3.5 Baths
3,035 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$138 Per Sq Ft

3% Below List Price

68 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Vaulted Ceiling
  • Dicken Elementary School Rated A
  • Recreation Room
  • Wood Flooring

About This Home

As of September 2019

Comfy, cozy home in the Ravines backing up to serene stream and woods. Spacious updated kitchen with stainless steel appliances, granite counter tops make for easy entertaining. Kitchen overlooks family room with stone fireplace and private back deck overlooking the woods. This lot is one of the few lots that backs up to the woods, no house behind. Beautiful, light hardwood floors on first floor. Three large bedrooms up, 3rd bedroom connected to Bonus Room with Fairy Door, kids play haven. Upstairs includes loft/study area which can easily be converted to a 4th bedroom. Rec room finished in the lower level with 5th bedroom and full bath. Kitchen area in lower level allows fro continuation of entertaining needs. Walk-out in lower level leads to brick paver patio with stream with bridg bridge as the back drop. Shed in backyard for extra storage. Lovely home, move in ready. Walking paths throughout, township taxes and within 10 minutes of Ann Arbor's everything., Primary Bath, Rec Room: Finished

Last Agent to Sell the Property

Patricia Edwards

The Charles Reinhart Company License #6501257809 Listed on: 07/05/2019

The Charles Reinhart Company

Last Buyer's Agent

The Chenevey Group

Keller Williams Ann Arbor Mrkt License #6501155728

Keller Williams Ann Arbor Mrkt

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,321

Year Built

  • Built in 1998

Lot Details

  • 5,227 Sq Ft Lot
  • Sprinkler System
  • Property is zoned PUD, PUD

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick or Stone Mason
  • Slab Foundation
  • Vinyl Siding
  • Stone

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Window Treatments
  • Dining Area
  • Recreation Room
  • Home Security System

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Patio
  • Shed
  • Porch

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,321

Year Built

Built in 1998

Lot Details

0

HOA Fees

$29 per month

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1998
  • ResoPropertyType: Residential
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Microwave: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer, Refrigerator, Range, Oven, Microwave, Dryer, Dishwasher
  • Interior Amenities: Ceiling Fan(s), Ceramic Floor, Garage Door Opener, Security System, Wood Floor, Eat-in Kitchen
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Basement: Full, Slab, Walk-Out Access
  • LivingArea: 3035.0
  • Window Features: Window Treatments
  • Basement Rooms:Basement Finished SQFT: 700.0
  • Basement Rooms:Total Basement SQFT: 1096.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Breakfast Nook: Yes
  • Appliances Dishwasher: Yes
  • Below Grade Sq Ft: 700.0

Exterior Features

  • Construction Materials: Stone, Vinyl Siding
  • Exterior Features: Porch(es), Patio, Deck(s)
  • List Price: 429900.0
  • Lot Features: Sidewalk, Site Condo
  • Other Structures: Shed(s)
  • Exterior Features:Patio: Yes
  • Exterior Features:Deck(s): Yes
  • Exterior Features:Porch(es): 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
  • Laundry Features: Main Level
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Storm Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Playground
  • Association Fee: 350.0
  • Association Fee Frequency: Annually
  • Association: No
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Info:Approx Assoc Fee2: 350.0
  • Association Info:Assoc Fee Payable: Annually
  • General Property Info:Association Contact: management@thecondop
  • Assoc Amenities:Playground: Yes

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5227.0
  • Zoning Description: PUD
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5321.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2019
Closed on
Sep 28, 2019
Sold by
Edwards Lisa
Bought by
Hayward Alexandra M and Koralcwski Sara E
Seller's Agent
Patricia Edwards
The Charles Reinhart Company
Buyer's Agent
The Chenevey Group
Keller Williams Ann Arbor Mrkt
List Price
$429,900
Sold Price
$417,500
Premium/Discount to List
-$12,400
-2.88%
Total Days on Market
68
Current Estimated Value
$568,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,578
Avg. Annual Appreciation
6.21%
Original Mortgage
$375,750
Outstanding Balance
$332,780
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$256,602

Purchase Details

Closed on
Sep 27, 2016
Sold by
Edwards James
Bought by
Edwards Lisa

Purchase Details

Listed on
Oct 1, 2015
Closed on
Dec 15, 2015
Sold by
Jarjoura Joseph and Jarjoura Reema
Bought by
Edwards Lisa
Seller's Agent
Linda Ansara
Brookstone, REALTORS®
Buyer's Agent
Patricia Edwards
The Charles Reinhart Company
List Price
$369,900
Sold Price
$364,900
Premium/Discount to List
-$5,000
-1.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.18%

Purchase Details

Closed on
Dec 31, 1997
Sold by
John Richards Homes and John Wexf
Bought by
Jarjoura Joseph and Jarjoura Reema

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 1997
Sold by
Chase Co
Bought by
Building Co John Richards Homes & Wexford Hom
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 Type Sale Price Title Company
Warranty Deed $417,500 Preferred Title
Quit Claim Deed -- None Available
Warranty Deed $364,900 --
Deed $228,944 --
Deed $45,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $375,750 New Conventional
Previous Owner $36,100 Credit Line Revolving
Previous Owner $230,000 New Conventional
Previous Owner $232,200 New Conventional
Previous Owner $239,225 New Conventional
Previous Owner $206,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2019 09/20/19 Sold $417,500 -2.9% $138 / Sq Ft
09/11/2019 09/11/19 Pending -- -- --
07/05/2019 07/05/19 For Sale $429,900 +17.8% $142 / Sq Ft
12/11/2015 12/11/15 Sold $364,900 -1.4% $119 / Sq Ft
12/09/2015 12/09/15 Pending -- -- --
10/01/2015 10/01/15 For Sale $369,900 -- $121 / Sq Ft
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 $4,615 $227,200 $0 $0
2023 $4,435 $183,100 $0 $0
2022 $6,129 $163,200 $0 $0
2021 $5,905 $160,200 $0 $0
2020 $6,048 $158,000 $0 $0
2019 $5,345 $148,500 $148,500 $0
2018 $5,321 $151,300 $0 $0
2017 $5,127 $149,900 $0 $0
2016 $3,662 $144,000 $0 $0
2015 -- $118,018 $0 $0
2014 -- $114,331 $0 $0
2013 -- $114,331 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23102662

Southwestern Michigan Association of REALTORS®

APN: 08-36-435-028