NOT LISTED FOR SALE

2518 N Madrono Ct Ann Arbor, MI 48103

Estimated Value: $374,000 - $517,000

4 Beds
3 Baths
1,950 Sq Ft
$224/Sq Ft Est. Value

Last Sold July 24, 2023

Last sale price $349,000 $179 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,765/month

43 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Porch
  • Heritage School Rated A
  • Breakfast Area or Nook
  • 2 Car Attached Garage

About This Home

As of July 2023

SALINE SCHOOLS! Spacious 4 bedroom, 3 bath home in the Lone Oak Subdivision situated on an a quiet cul-de-sac! Enjoy the amazing acre park-like setting just minutes to Saline or A2 ~ country living at its best! You are greeted by the comfortable & inviting living room with modern light laminate flooring that continues throughout the first floor. The open eat-in kitchen offers warm maple cabinetry, new range & dishwasher (2023) w/plenty of counter & storage space. Sliding door off large eating area overlooks the deck & huge backyard. Convenient full tiled bath off kitchen w/stand-up shower is perfect after working in the garden or even a pet shower! Upstairs you will find 3 generous-sized bedrooms including the primary suite w/tons of closet space & stylish renovated bath w/porcelain tile floor & stand up shower surround (2020). The add'l bedrooms share the full hallway bath w/handsome ceramic flooring. The lower level boasts a fantastic family room/rec area w/updated flooring, brick gas fireplace flanked by built-in shelving/cabinets plus the 4th bedroom. Other updates include water softener(2020), Furnace(2018), washer/dryer(2021). The association offers a private park with pavilion & swimming pond ~ just in time for summer!, Primary Bath, Rec Room: Finished

Last Agent to Sell the Property

Scott Guyor

The Charles Reinhart Company License #6501326371 Listed on: 05/30/2023

The Charles Reinhart Company

Last Buyer's Agent

Allison Littlejohn

eXp Realty, LLC License #6501433981

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,156

Year Built

  • Built in 1977

Lot Details

  • 0.99 Acre Lot
  • Property is zoned RH, RH

HOA Fees

  • $23 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,950 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Window Treatments
  • Living Room
  • Dining Area
  • Recreation Room
  • Sump Pump

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Water Softener is Owned
  • Septic System
  • Cable TV Available

Community Details

Overview

  • Lone Oak Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,156

Year Built

Built in 1977

Lot Details

0

HOA Fees

$23 per month

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Other
  • Year Built: 1977
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1950.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 5156.0
  • Tax Info:Zoning3: RH
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • General Property Info:Fireplace: Yes
  • Substructure:Slab: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Location Property Info:Subdivision2: Lone Oak
  • General Property Info:SqFt Above Grade: 1950.0
  • Additional Items:Sump Pump: Yes
  • General Property Info Garage YN: Yes
  • Flooring:Carpet Floor: Yes
  • Flooring:Laminate Floor: Yes
  • Flooring:Tile Floor: Yes
  • Flooring:Ceramic Floor: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer, Water Softener Owned
  • Flooring: Carpet, Ceramic Tile, Laminate, Tile
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Eat-in Kitchen
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Slab
  • LivingArea: 1950.0
  • Window Features: Window Treatments
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Breakfast Nook: Yes
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Water Softener-Owned: Yes

Exterior Features

  • Construction Materials: Brick, Vinyl Siding, Wood Siding
  • List Price: 349000.0
  • Patio and Porch Features: Deck, Porch(es)
  • Exterior Material:Vinyl Siding: Yes
  • Exterior Material:Wood Siding: Yes
  • Exterior Material:Brick: Yes
  • Patio and Porch Features:Porch(es): Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Natural Gas Connected, Cable Connected
  • Water Source: Well
  • Water Well: Yes

Condo/Co-op/Association

  • Association Amenities: Playground
  • Association Fee: 275.0
  • Association Fee Frequency: Annually
  • Association: No
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Info:Approx Assoc Fee2: 275.0
  • Association Info:Assoc Fee Payable: Annually
  • General Property Info:Association Contact: loneoakboard@gmail.c
  • Assoc Amenities:Playground: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 0.99
  • Lot Size Area: 0.99
  • Lot Size Sq Ft: 43124.0
  • Zoning Description: RH
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5156.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2023
Closed on
Jul 20, 2023
Sold by
Farrington Erick and Bamdad Michaela C
Bought by
Gumtow Andrew and Gumtow Sarah
Seller's Agent
Scott Guyor
The Charles Reinhart Company
Buyer's Agent
Allison Littlejohn
eXp Realty, LLC
List Price
$360,000
Sold Price
$349,000
Premium/Discount to List
-$11,000
-3.06%
Current Estimated Value
$436,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,478
Avg. Annual Appreciation
10.30%
Original Mortgage
$279,200
Outstanding Balance
$273,249
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$155,514

Purchase Details

Listed on
Jan 26, 2017
Closed on
Mar 30, 2017
Sold by
Bostic Christine P
Bought by
Farrington Erick and Bamdad Michaela C
Seller's Agent
Rebecca Boogaart-Cooper
Key Realty One LLC
Buyer's Agent
Martin Bouma
Keller Williams Ann Arbor Mrkt
List Price
$280,000
Sold Price
$265,000
Premium/Discount to List
-$15,000
-5.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.45%
Original Mortgage
$265,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 26, 2009
Sold by
Larmee Steven M and Larmee Vicki L
Bought by
Bostic Christine P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,192
Interest Rate
4.94%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 3, 2000
Sold by
Bell Evelyn Laura
Bought by
Steven M Larmee
Source: Public Records

Range of Values:

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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
Gumtow Andrew $349,000 Preferred Title
Farrington Erick $265,000 None Available
Bostic Christine P $155,000 None Available
Steven M Larmee $198,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gumtow Andrew $279,200
Previous Owner Farrington Erick $265,000
Previous Owner Bostic Christine P $152,192
Previous Owner Larmee Steven M $247,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2023 07/24/23 Sold $349,000 -3.1% $179 / Sq Ft
07/12/2023 07/12/23 Pending -- -- --
05/30/2023 05/30/23 For Sale $360,000 +35.8% $185 / Sq Ft
03/31/2017 03/31/17 Sold $265,000 -5.4% $136 / Sq Ft
03/27/2017 03/27/17 Pending -- -- --
01/26/2017 01/26/17 For Sale $280,000 -- $144 / 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 $4,421 $188,500 $0 $0
2024 $4,873 $177,000 $0 $0
2023 $3,532 $153,000 $0 $0
2022 $5,156 $152,200 $0 $0
2021 $5,033 $150,200 $0 $0
2020 $4,995 $136,500 $0 $0
2019 $1,607 $124,600 $124,600 $0
2018 $4,754 $111,600 $0 $0
2017 $4,005 $109,300 $0 $0
2016 $0 $90,479 $0 $0
2015 -- $90,209 $0 $0
2014 -- $87,391 $0 $0
2013 -- $87,391 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23129352

Southwestern Michigan Association of REALTORS®

APN: 13-05-325-015