NOT LISTED FOR SALE

1803 Independence Blvd Unit 5A Ann Arbor, MI 48104

Kimberly Hills Neighborhood

Estimated Value: $174,000 - $182,289

1 Bed
1 Bath
705 Sq Ft
$397/mo HOA Fee

Last Sold August 14, 2023

Last sale price $165,000 $234 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,697/month

21 Days on Market

Highlights

  • Ground Level Unit
  • 1-Story Property
  • Forced Air Heating System
  • Bryant Elementary School Rated A-

About This Home

As of August 2023

**GREAT ONE BEDROOM, ONE BATHROOM CONDO IN A WELL MAINTAINED COMPLEX**LARGE LIVING ROOM**NICE SIZE DINING AREA WITH DOORWALL LEADING TO THE PATIO**SPACIOUS KITCHEN WITH TONS OF CABINET SPACE**NICE SIZE BEDROOM**COMMON AREA LAUNDRY LOCATED IN THE SAME UNIT**CLUBHOUSE AND POOL!**HOA INCLUDES NEARLY ALL UTILITIES**COMPLEX IS CLOSE TO FREEWAYS, SHOPPING AND DINING**ANN ARBOR SCHOOL DISTRICT**WALKING DISTANCE TO DOWNTOWN ANN ARBOR**CLOSE TO THE UNIVERSITY OF MICHIGAN**

Last Agent to Sell the Property

Tim Hillmer

Century 21 Curran & Oberski License #6501385487 Listed on: 06/26/2023

Century 21 Curran & Oberski

Last Buyer's Agent

Michael Cutsinger

Preferred, Realtors® Ltd License #RCO-6501303618

Preferred, Realtors® Ltd

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1967

HOA Fees

  • $397 Monthly HOA Fees

Parking

  • 1 Parking Garage Space

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 705 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 091204111088

Community Details

Overview

  • Www.Ksmanagementservices.Com Association
  • Independence Condo Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,862

Year Built

Built in 1967

Lot Details

0

HOA Fees

$397 per month

Listing Details

  • Property Type: Condominium
  • Architecture Level: 1 Story Ground
  • Year Built: 1967
  • State Equalized Value: 65700.0000
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Room Count: 4
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Sq Ft Combined: 705
  • Total Sq Ft: 705

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Brick, Wood
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage
  • Garage Features: 1 Assigned Space

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Trash, Water
  • Association Fee Frequency: Monthly
  • Phone: lora@ksmanagement.org
  • Association Fee: 397
  • Association Contact: www.ksmanagementservices.com
  • Association Fee: Yes

Schools

  • School District: Ann Arbor

Lot Info

  • Parcel Number: 091204111088

Tax Info

  • Tax Amount Summer: 1593.0000
  • Tax Amount Winter: 269.0000
  • Total Tax: 1862.0000
  • Taxable Value: 36599.0000

MLS Schools

  • School District: Ann Arbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2023
Closed on
Aug 14, 2023
Sold by
Medonza Dharshan C
Bought by
Loretizo John Elmer and Amable Gina
Seller's Agent
Tim Hillmer
Century 21 Curran & Oberski
Buyer's Agent
Michael Cutsinger
Preferred, Realtors® Ltd
List Price
$174,999
Sold Price
$165,000
Premium/Discount to List
-$9,999
-5.71%
Total Days on Market
21
Views
619
Current Estimated Value
$176,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,822
Avg. Annual Appreciation
3.81%
Original Mortgage
$123,750
Outstanding Balance
$121,474
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$55,348

Purchase Details

Listed on
Feb 25, 2013
Closed on
Mar 29, 2013
Sold by
Boutette David
Bought by
Medonza Dharshan C
Seller's Agent
Alex Milshteyn
Real Estate One Inc
Buyer's Agent
Nancy Bowerbank
The Charles Reinhart Company
List Price
$52,500
Sold Price
$52,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.66%

Purchase Details

Closed on
Nov 28, 2011
Sold by
Fannie Mae
Bought by
Boutette David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,500
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2000
Sold by
Lee Y K
Bought by
Djamshidi Abbas

Purchase Details

Closed on
Jul 28, 1997
Sold by
Lee Y K
Bought by
Djamshidi Abbas and Djamshidi Roghieh J
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
Loretizo John Elmer $165,000 None Listed On Document
Loretizo John Elmer $165,000 None Listed On Document
Medonza Dharshan C $52,500 Barristers Settlement & Titl
Boutette David $45,000 Attorneys Title Agency Llc
Djamshidi Abbas $50,000 --
Djamshidi Abbas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loretizo John Elmer $123,750
Closed Loretizo John Elmer $123,750
Previous Owner Boutette David $40,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2023 08/14/23 Sold $165,000 -5.7% $234 / Sq Ft
07/17/2023 07/17/23 Pending -- -- --
06/26/2023 06/26/23 For Sale $174,999 +233.3% $248 / Sq Ft
03/29/2013 03/29/13 Sold $52,500 0.0% $74 / Sq Ft
03/01/2013 03/01/13 Pending -- -- --
02/25/2013 02/25/13 For Sale $52,500 -- $74 / Sq Ft
Source: Realcomp

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 $3,776 $70,100 $0 $0
2023 $1,708 $69,700 $0 $0
2022 $1,861 $65,700 $0 $0
2021 $1,818 $62,500 $0 $0
2020 $1,781 $60,700 $0 $0
2019 $1,695 $57,600 $57,600 $0
2018 $1,671 $52,500 $0 $0
2017 $1,626 $45,600 $0 $0
2016 $1,568 $32,507 $0 $0
2015 $1,494 $32,410 $0 $0
2014 $1,494 $31,129 $0 $0
2013 -- $31,129 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230051469

Realcomp

APN: 12-04-111-088