$360,000
SOLD DEC 13, 2024

228 W Oakbrook Dr Unit 39 Ann Arbor, MI 48103

Briarwood Neighborhood
2 Beds
2.5 Baths
1,430 Sq Ft
$245/mo HOA Fee

Recently Sold

$252 Per Sq Ft

3% Below List Price

125 Days on Market

Highlights

  • Colonial Architecture
  • 1 Car Attached Garage
  • 5-minute walk to Ward Park
  • Bach Elementary School Rated A
  • Forced Air Heating System

About This Home

As of December 2024

Experience cosmopolitan living at Balmoral Park Condominiums! This main level condo, currently rented, offers a fantastic investment opportunity in addition to its elegant features like granite counters, stainless steel appliances, and maple cabinets. The finished lower level includes a versatile study/family room with an extra half bath. Conveniently located near shopping, dining, the I94 Expressway, and on the city bus route, this condo is a short distance to Pioneer High School and the UofM Football Stadium. With low association fees and a washer/dryer included, this is a not-to-be-missed opportunity for both homeowners and investors alike!

Last Agent to Sell the Property

Diane Crouch

Keller Williams Ann Arbor Mrkt Listed on: 11/10/2024

Last Buyer's Agent

Faye Rowland

Real Estate One Inc License #6501412664

Real Estate One Inc

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2005

HOA Fees

  • $245 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,430 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Association fees include water, trash, snow removal, sewer, lawn/yard care
  • Association Phone (734) 994-7374
  • Balmoral Park Condo Subdivision

Property Details

Home Type

Condominium

Year Built

Built in 2005

Lot Details

0

HOA Fees

$245 per month

Parking

1

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Colonial
  • Stories: 2
  • Year Built: 2005
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 0
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1430.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 10712.0
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Location Property Info:Subdivision2: Balmoral Park Condo
  • General Property Info:SqFt Above Grade: 1250.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Colonial: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Full
  • LivingArea: 1430.0
  • General Property Info:Stories2: 2.0
  • Laundry Features:In Unit: Yes

Exterior Features

  • Construction Materials: Brick
  • List Price: 362500.0
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Attached
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: In Unit
  • Sewer: Public
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 245.0
  • Association Fee Frequency: Monthly
  • Association Phone: 734-994-7374
  • Association: Yes

Association/Amenities

  • Association Info:Approx Assoc Fee2: 245.0
  • Association Info:Assoc Fee Payable: Monthly
  • Association Info:Association Phone: 734-994-7374

Fee Information

  • Association Fee Includes: Water, Trash, Snow Removal, Sewer, Lawn/Yard Care

Lot Info

  • Lot Dimensions: 0

Tax Info

  • Tax Annual Amount: 10712.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2024
Closed on
Dec 13, 2024
Sold by
Menon Madhavchandra N and Menon Sabine
Bought by
Davila Ana L
Seller's Agent
Diane Crouch
Keller Williams Ann Arbor Mrkt
Buyer's Agent
Faye Rowland
Real Estate One Inc
List Price
$369,900
Sold Price
$360,000
Premium/Discount to List
-$9,900
-2.68%
Views
27
Current Estimated Value
$367,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,734
Avg. Annual Appreciation
3.06%

Purchase Details

Listed on
May 7, 2020
Closed on
Apr 15, 2020
Sold by
Naida John D and Naida Laura R
Bought by
Menon Madhavchandra N and Menon Sabine
Seller's Agent
Diane Crouch
Real Broker Ann Arbor
Buyer's Agent
Diane Crouch
Real Broker Ann Arbor
Sold Price
$1,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.91%
Original Mortgage
$252,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 16, 2012
Closed on
May 30, 2012
Sold by
Whang Rhee Que and Rhee Alice
Bought by
Naida John D and Naida Laura R
Seller's Agent
Tammi Ebenhoeh
The Charles Reinhart Company
Buyer's Agent
James McCarthy
Real Estate One Inc
List Price
$229,000
Sold Price
$205,000
Premium/Discount to List
-$24,000
-10.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.60%
Original Mortgage
$153,750
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2012
Sold by
Rhee Kyong Sook
Bought by
Rhee Que Whang and Rhee Alice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,500
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2007
Sold by
Oxford Condominium Associates Llc
Bought by
Rhee Que Whang and Rhee Kyong Sook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
6.31%
Mortgage Type
Unknown
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 $360,000 State Street Title
Warranty Deed $315,000 None Available
Warranty Deed $205,000 Liberty Title
Interfamily Deed Transfer -- Title Direct Llc
Warranty Deed $254,980 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $252,000 New Conventional
Previous Owner $153,750 New Conventional
Previous Owner $159,500 New Conventional
Previous Owner $42,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2024 12/13/24 Sold $360,000 -0.7% $252 / Sq Ft
11/17/2024 11/17/24 Pending -- -- --
11/12/2024 11/12/24 Price Changed $362,500 -0.7% $253 / Sq Ft
11/12/2024 11/12/24 Price Changed $365,000 -1.3% $255 / Sq Ft
11/10/2024 11/10/24 For Sale $369,900 0.0% $259 / Sq Ft
10/27/2024 10/27/24 Off Market $369,900 -- --
10/11/2024 10/11/24 Pending -- -- --
09/27/2024 09/27/24 Price Changed $369,900 -1.4% $259 / Sq Ft
09/04/2024 09/04/24 Price Changed $375,000 0.0% $262 / Sq Ft
09/04/2024 09/04/24 For Sale $375,000 -3.4% $262 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
07/15/2024 07/15/24 For Sale $388,000 0.0% $271 / Sq Ft
07/17/2023 07/17/23 Rented $2,150 0.0% --
07/13/2023 07/13/23 Under Contract -- -- --
07/05/2023 07/05/23 For Rent $2,150 +13.2% --
05/30/2020 05/30/20 Rented $1,900 0.0% --
05/21/2020 05/21/20 Under Contract -- -- --
05/07/2020 05/07/20 For Rent $1,900 0.0% --
04/17/2020 04/17/20 Sold $315,000 0.0% $220 / Sq Ft
04/17/2020 04/17/20 Pending -- -- --
03/04/2020 03/04/20 For Sale $315,000 +53.7% $220 / Sq Ft
06/01/2012 06/01/12 Sold $205,000 -10.5% $139 / Sq Ft
04/22/2012 04/22/12 Pending -- -- --
04/16/2012 04/16/12 For Sale $229,000 -- $156 / 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
2025 $12,751 $221,700 $0 $0
2024 $10,713 $213,900 $0 $0
2023 $9,892 $189,400 $0 $0
2022 $12,417 $187,800 $0 $0
2021 $12,066 $181,100 $0 $0
2020 $7,355 $173,300 $0 $0
2019 $7,016 $155,600 $155,600 $0
2018 $6,883 $139,600 $0 $0
2017 $6,640 $145,000 $0 $0
2016 $5,167 $104,569 $0 $0
2015 $4,805 $104,257 $0 $0
2014 $4,805 $101,000 $0 $0
2013 -- $101,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24036071

Southwestern Michigan Association of REALTORS®

APN: 12-05-303-209