NOT LISTED FOR SALE

205 W Summit St Unit 2 Ann Arbor, MI 48103

Water Hill Neighborhood

Estimated Value: $940,734 - $1,180,000

3 Beds
2.5 Baths
2,274 Sq Ft
$457/Sq Ft Est. Value

Last Sold January 26, 2012

Last sale price $460,000 $202 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $6,654/month

152 Days on Market

Highlights

  • 0.2 Acre Lot
  • Deck
  • Wood Flooring
  • Bach Elementary School Rated A
  • Vaulted Ceiling
  • 4-minute walk to Hunt Park

About This Home

As of January 2012

Steps From Main St And Downtown Ann Arbor Lifestyle, Sophisticatedrow House Is Better Than Brand New. Versatile Floor Plan Greets Guests W/Hardwood Flrs, 9ft Ceilings, Andersen Windows, Stunning Cherry Cabinetry, Walk In Pantry, Granite Chef Kitchen W/Stainless Steel Appliances. Fireplace In Great Rm, W/ Lovely Deck W/ Treetop Views Of Ann Arbor City Scape, Elevator Optional Spacious Lower Level Could Be Finished For Additional Bath/Bed, Office Or Rec Room. Enjoywalking To Kerrytown, Dowtown, Farmer's Market, U Of M Hospitals, Primary Bath, Rec Room: Finished

Last Agent to Sell the Property

Kathy Toth

Keller Williams Ann Arbor Mrkt License #6506040482 Listed on: 08/05/2011

Keller Williams Ann Arbor Mrkt

Last Buyer's Agent

Todd Lands

The Charles Reinhart Company License #6506044616

The Charles Reinhart Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,764

Year Built

  • Built in 2007

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 35x110

HOA Fees

  • $8 Monthly HOA Fees

Interior Spaces

  • 2,274 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement

Parking

  • Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Schools

  • Bach Elementary School
  • Slauson Middle School
  • Pioneer High School

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,764

Year Built

Built in 2007

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 2007
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 206.68
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 35X110
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2274.0
  • Tax Info:Annual Property Tax: 9764.0
  • Tax Info:Zoning3: Res
  • Garage Type Attached: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Substructure:Partial: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Ceramic Floor: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Additional Items:Wood Floor: Yes
  • General Property Info:SqFt Above Grade: 2274.0
  • Additional Items:Carpet Floor: Yes
  • Additional Items:Tile Floor: Yes
  • Additional Items:Vaulted Ceilings: Yes
  • General Property Info Elementary School2: Bach, Bach
  • General Property Info High School: Pioneer, Pioneer
  • General Property Info Middle School2: Slauson, Slauson
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer, Disposal, Dishwasher, Microwave, Oven, Range, Refrigerator
  • Interior Amenities: Ceiling Fans, Ceramic Floor, Garage Door Opener, Wood Floor, Eat-in Kitchen
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Full, Partial
  • LivingArea: 2274.0
  • Window Features: Window Treatments
  • General Property Info:Stories2: 2.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Exterior Features: Deck(s)
  • List Price: 470000.0
  • Lot Features: Sidewalk, Site Condo
  • Exterior Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage: Yes
  • Parking Features: Attached
  • Garage:Garage2: Yes
  • Additional Items:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Storm Sewer Available, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 100.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Info:Approx Assoc Fee2: 100.0
  • Association Info:Assoc Fee Payable: Annually

Schools

  • Elementary School: Bach, Bach
  • High School: Pioneer, Pioneer
  • Middle/Junior School: Slauson, Slauson

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Dimensions: 35X110
  • Lot Size Sq Ft: 8712.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9764.0
  • Tax Year: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2011
Closed on
Jan 27, 2012
Sold by
Nestor Susan
Bought by
Nestor Thomas E
Seller's Agent
Kathy Toth
Keller Williams Ann Arbor Mrkt
Buyer's Agent
Todd Lands
The Charles Reinhart Company
List Price
$485,000
Sold Price
$460,000
Premium/Discount to List
-$25,000
-5.15%
Current Estimated Value
$1,038,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$578,684
Avg. Annual Appreciation
6.05%
Original Mortgage
$368,000
Outstanding Balance
$252,239
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$786,445

Purchase Details

Listed on
Aug 5, 2011
Closed on
Jan 26, 2012
Sold by
Nestor Thomas E
Bought by
Schmipf Megan O
Seller's Agent
Kathy Toth
Keller Williams Ann Arbor Mrkt
Buyer's Agent
Todd Lands
The Charles Reinhart Company
List Price
$485,000
Sold Price
$460,000
Premium/Discount to List
-$25,000
-5.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Outstanding Balance
$252,239
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$786,445

Purchase Details

Closed on
Apr 9, 2008
Sold by
Huron Contracting Llc
Bought by
Nestor Thomas E and Nestor Susan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.37%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nestor Thomas E -- Liberty Title
Schmipf Megan O $460,000 Liberty Title
Nestor Thomas E $475,000 Ab
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmipf Megan O $368,000
Previous Owner Nestor Thomas E $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2012 01/26/12 Sold $460,000 -5.2% $202 / Sq Ft
01/04/2012 01/04/12 Pending -- -- --
08/05/2011 08/05/11 For Sale $485,000 -- $213 / Sq Ft
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 $14,182 $466,000 $0 $0
2024 $13,832 $409,700 $0 $0
2023 $12,754 $341,100 $0 $0
2022 $13,898 $360,000 $0 $0
2021 $13,571 $344,300 $0 $0
2020 $13,297 $332,600 $0 $0
2019 $12,654 $326,200 $326,200 $0
2018 $12,476 $306,700 $0 $0
2017 $12,136 $309,100 $0 $0
2016 $11,709 $242,685 $0 $0
2015 $11,151 $241,960 $0 $0
2014 $11,151 $234,400 $0 $0
2013 -- $234,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kathy Toth

    Seller's Agent in 2012

    Kathy Toth

    Keller Williams Ann Arbor Mrkt

    (734) 216-7845

    46 Total Sales

    Kathy Toth
    Section Image
  • Todd Lands

    Buyer's Agent in 2012

    Todd Lands

    The Charles Reinhart Company

    (734) 645-2637

    77 Total Sales

    Todd Lands
    Section Image
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Map

Source: MichRIC

MLS Number: 23106245

MichRIC

APN: 09-20-408-017

Michigan Washtenaw County Ann Arbor 48103 Water Hill

205 W Summit St Unit 2, Ann Arbor, MI

Not Listed for Sale

Detached

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