NOT LISTED FOR SALE

2345 Fernwood Ave Unit 238 Ann Arbor, MI 48104

Allen Neighborhood

Estimated Value: $221,000 - $241,000

2 Beds
1 Bath
703 Sq Ft
$345/mo HOA Fee

Last Sold July 10, 2017

Last sale price $136,000 $193 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,944/month

8 Days on Market

Highlights

  • Clubhouse
  • Wood Flooring
  • Community Pool
  • Pittsfield Elementary School Rated A-
  • End Unit
  • Community Playground

About This Home

As of July 2017

This 2BR end unit is centrally located within the Village: condo includes appliances, hardwood flooring in living areas, ceramic tile in the bath and kitchen, and a large deck featuring open views of the common area. Association fee includes access to the community pool, water, grounds care and snow removal. The Village is close to shopping, U of M, hospitals, expressways and bus lines. Showings begin June 3, 2017., Rec Room: Space

Last Agent to Sell the Property

Roger Higgins

Real Estate One Inc License #6501255382 Listed on: 05/31/2017

Real Estate One Inc

Last Buyer's Agent

Adam Eichner

Eichner Realty, LLC License #6502369625

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,514

Year Built

  • Built in 1945

Lot Details

  • End Unit

HOA Fees

  • $345 Monthly HOA Fees

Home Design

  • Wood Siding

Interior Spaces

  • 703 Sq Ft Home
  • Window Treatments
  • Partial Basement

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Pittsfield Elementary School
  • Scarlett Middle School
  • Huron High School

Utilities

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

Community Details

Overview

  • Association fees include water, trash, snow removal, lawn/yard care

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,514

Year Built

Built in 1945

Lot Details

0

HOA Fees

$345 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • Year Built: 1945
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:New Construction2: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 703.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 2514.0
  • Tax Info:Zoning3: R3
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • Substructure:Partial: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Additional Items:Ceramic Floor: Yes
  • Additional Items:Window Treatments: Yes
  • Additional Items:Wood Floor: Yes
  • General Property Info:SqFt Above Grade: 703.0
  • Additional Items:Tile Floor: Yes
  • General Property Info Elementary School2: Pittsfield
  • General Property Info High School: Huron
  • General Property Info Middle School2: Scarlett
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dryer, Washer, Disposal, Dishwasher, Oven, Range, Refrigerator
  • Interior Amenities: Ceramic Floor, Wood Floor
  • Fireplace: No
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Partial
  • LivingArea: 703.0
  • Window Features: Window Treatments
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Common Walls: End Unit
  • Construction Materials: Wood Siding
  • List Price: 134900.0
  • Lot Features: Sidewalk
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Garage: No
  • Garage:Garage2: No

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 Amenities: Club House, Playground, Pool
  • Association Fee: 345.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 345.0
  • Association Info:Assoc Fee Payable: Monthly
  • Assoc Amenities:End Unit: Yes
  • Assoc Amenities:Playground: Yes
  • Assoc Amenities:Club House: Yes
  • Assoc Amenities:Pool: Yes

Fee Information

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

Schools

  • Elementary School: Pittsfield
  • High School: Huron
  • Middle/Junior School: Scarlett

Lot Info

  • Zoning Description: R3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2514.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2017
Closed on
Jul 10, 2017
Sold by
Ruffin Silmore
Bought by
Cummings Shawn and Cummings Anne
Seller's Agent
Roger Higgins
Real Estate One Inc
Buyer's Agent
Adam Eichner
Eichner Realty, LLC
List Price
$134,900
Sold Price
$136,000
Premium/Discount to List
$1,100
0.82%
Current Estimated Value
$232,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,264
Avg. Annual Appreciation
6.59%

Purchase Details

Closed on
Oct 22, 2010
Sold by
Kraft Sharon M and The Constance V Kraft Revocabl
Bought by
Ruffin Silmore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,800
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2009
Sold by
The Village Cooperative Homes Inc
Bought by
Kraft Sharon M and Constance V Kraft Revocable Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
4.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Cummings Shawn $136,000 None Available
Ruffin Silmore $56,000 Liberty Title
Kraft Sharon M -- First Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ruffin Silmore $44,800
Previous Owner Kraft Sharon M $38,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2017 07/10/17 Sold $136,000 +0.8% $193 / Sq Ft
06/08/2017 06/08/17 Pending -- -- --
05/31/2017 05/31/17 For Sale $134,900 0.0% $192 / Sq Ft
04/11/2016 04/11/16 Rented $1,000 0.0% --
04/06/2016 04/06/16 Under Contract -- -- --
02/18/2016 02/18/16 For Rent $1,000 -- --
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 $3,801 $108,200 $0 $0
2024 $3,193 $100,600 $0 $0
2023 $2,948 $92,900 $0 $0
2022 $3,569 $85,500 $0 $0
2021 $3,468 $80,800 $0 $0
2020 $3,359 $77,300 $0 $0
2019 $3,204 $62,900 $62,900 $0
2018 $2,788 $49,000 $0 $0
2017 $1,905 $46,500 $0 $0
2016 $2,406 $30,002 $0 $0
2015 $1,780 $29,913 $0 $0
2014 $1,780 $28,979 $0 $0
2013 -- $28,979 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23081948

Southwestern Michigan Association of REALTORS®

APN: 12-02-202-040