NOT LISTED FOR SALE

Estimated Value: $615,000 - $904,000

2 Beds
2.5 Baths
1,632 Sq Ft
$67/mo HOA Fee

Last Sold January 31, 2013

Last sale price $370,000 $227 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $4,875/month

293 Days on Market

Highlights

  • Contemporary Architecture
  • Recreation Room
  • Wood Flooring
  • Bach Elementary School Rated A
  • Vaulted Ceiling
  • 1-minute walk to Sculpture Plaza

About This Home

As of January 2013

Step Out The Front Door To The Best Shopping, Dining, And Entertainment In Ann Arbor! A Block Away From Kerrytown And The Farmer's Market, And A Short Walk To Central Campus, This Chic Armory Condo Isthe Quintessential Loft! With Exposed Ceilings, Brick And Cinder Block Walls, And Industrial Lighting, It Has An Architect-designed Kitchen With Stainless Steel Counters, A Terrific Living Area With Large Windows And A 3-story Vaulted Ceiling, Industrial Bath Fixtures With Slate Slab Counters, And Daylight Lower Level!, Rec Room: Finished

Last Agent to Sell the Property

Nancy Bishop

The Charles Reinhart Company License #6506044662 Listed on: 04/12/2012

The Charles Reinhart Company

Last Buyer's Agent

Melissa Vandam

The Charles Reinhart Company License #6506044622

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1930

HOA Fees

  • $67 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Vaulted Ceiling
  • Skylights
  • Family Room
  • Living Room
  • Dining Room
  • Recreation Room
  • Wood Flooring

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Patio

Schools

  • Bach Elementary School
  • Forsythe Middle School
  • Skyline High School

Utilities

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

Property Details

Home Type

Condominium

Year Built

Built in 1930

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Contemporary
  • Stories: 3
  • Year Built: 1930
  • Location Property Info:Property Sub-Type: Condominium
  • OfficeContract Info:List PriceSqFt2: 353.86
  • General Property Info:New Construction2: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1632.0
  • Tax Info:Annual Property Tax: 9920.0
  • Tax Info:Zoning3: C2a
  • 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
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Substructure:Daylight: Yes
  • Windows:Skylight(s): Yes
  • General Property Info:SqFt Above Grade: 1088.0
  • Additional Items:Vaulted Ceilings: Yes
  • Additional Items:Basement Finished: Yes
  • General Property Info Elementary School2: Bach Elementary School
  • General Property Info High School: Skyline High School
  • General Property Info Middle School2: Forsythe Middle School
  • Architectural Style:Contemporary: Yes
  • Flooring:Wood Floor: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Oven, Range, Refrigerator, Washer
  • Flooring: Wood
  • Fireplace: No
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Daylight, Full
  • LivingArea: 1632.0
  • Window Features: Skylight(s)
  • General Property Info:Stories2: 3.0
  • Basement Rooms:Basement Finished SQFT: 544.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Below Grade Sq Ft: 544.0

Exterior Features

  • Construction Materials: Brick
  • List Price: 385000.0
  • Lot Features: Sidewalk
  • Patio and Porch Features: Patio
  • Exterior Material:Brick: Yes
  • Patio And Porch Features:Patio: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 200.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Association Info:Approx Assoc Fee2: 200.0
  • Association Info:Assoc Fee Payable: Quarterly

Schools

  • Elementary School: Bach Elementary School
  • High School: Skyline High School
  • Middle/Junior School: Forsythe Middle School

Lot Info

  • Zoning Description: C2a

Tax Info

  • Tax Annual Amount: 9920.0
  • Tax Year: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2012
Closed on
Jan 23, 2013
Sold by
Worsham George F and Worsham Nancy
Bought by
Hughes Carrie J and Hughes David T
Seller's Agent
Nancy Bishop
The Charles Reinhart Company
Buyer's Agent
Melissa Vandam
The Charles Reinhart Company
List Price
$385,000
Sold Price
$370,000
Premium/Discount to List
-$15,000
-3.9%
Current Estimated Value
$759,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$389,265
Avg. Annual Appreciation
5.39%
Original Mortgage
$277,500
Outstanding Balance
$52,781
Interest Rate
3.34%
Mortgage Type
New Conventional
Estimated Equity
$679,189

Purchase Details

Closed on
Aug 11, 2006
Sold by
Afshar Nima and Dandu Madhavi
Bought by
Worsham George F and Worsham Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,200
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2004
Sold by
Taras Jeffrey J
Bought by
Afshar Nima and Dandu Madhavi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
6.17%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Hughes Carrie J $370,000 American Title Company Of Wa
Worsham George F $388,000 Liberty Title
Afshar Nima $367,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hughes Carrie J $277,500
Previous Owner Worsham George F $349,200
Previous Owner Afshar Nima $294,000
Closed Afshar Nima $55,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2013 01/31/13 Sold $370,000 -3.9% $227 / Sq Ft
01/30/2013 01/30/13 Pending -- -- --
04/12/2012 04/12/12 For Sale $385,000 -- $236 / 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 $10,380 $326,900 $0 $0
2024 $10,872 $313,800 $0 $0
2023 $9,335 $295,900 $0 $0
2022 $10,172 $282,200 $0 $0
2021 $9,932 $275,000 $0 $0
2020 $9,732 $256,900 $0 $0
2019 $9,261 $273,200 $273,200 $0
2018 $9,131 $258,700 $0 $0
2017 $8,882 $230,700 $0 $0
2016 $8,570 $177,619 $0 $0
2015 $8,161 $177,088 $0 $0
2014 $8,161 $171,622 $0 $0
2013 -- $171,622 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 23055838

MichRIC

APN: 09-29-125-020