NOT LISTED FOR SALE

2532 Timber Hill Dr Unit 1 Ann Arbor, MI 48103

Estimated Value: $1,160,444 - $1,427,000

5 Beds
4.5 Baths
5,719 Sq Ft
$224/Sq Ft Est. Value

Last Sold April 03, 2012

Last sale price $725,000 $127 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $8,173/month

4 Days on Market

Highlights

  • Indoor Spa
  • Deck
  • Wood Flooring
  • Forsythe Middle School Rated A
  • Vaulted Ceiling
  • Breakfast Area or Nook

About This Home

As of April 2012

Beautifully Appointed Custom Home In Prestigious Walnut Ridge Withluxurious Amenities & Just Minutes To Downtown. An Extensive List Of Special Features Incl Gourmet Kitchen; Hardwood Floors Thru-out Much Of Home; 2-story Great Room W/Cofered Ceiling & Striking Stonefireplace; Abundant Crown & Shadow Box Molding; Custom Drapes; Plush Master Bedroom Suite W/Stunning Bath & 180 Sf Walk-in Closet; & Prof. Finished Ll W/5th Bedroom, Full Bath & Theater Room. Outside There's A Large Deck W/Stairs To Patio And Pivate Wooded Backyard., Primary Bath, Rec Room: Finished

Last Agent to Sell the Property

Anne Sloan

The Charles Reinhart Company License #6501305550 Listed on: 02/13/2012

The Charles Reinhart Company

Last Buyer's Agent

Hillary Ward

The Charles Reinhart Company License #6501316284

The Charles Reinhart Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,389

Year Built

  • Built in 2007

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 106x220
  • Property fronts a private road
  • Sprinkler System

HOA Fees

  • $108 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • Gas Log Fireplace
  • Window Treatments
  • Indoor Spa
  • Home Security System

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Schools

  • Abbot Elementary School
  • Forsythe Middle School
  • Skyline High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,389

Year Built

Built in 2007

Lot Details

0

HOA Fees

$108 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: 182.76
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 106X220
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 5719.0
  • Tax Info:Annual Property Tax: 10389.0
  • 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
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: Yes
  • Additional Items:Ceramic Floor: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Substructure:Walk Out: Yes
  • Landscape:Underground Sprinkler: Yes
  • Additional Items:Wood Floor: Yes
  • Additional Items:Security System: Yes
  • Windows:Skylight(s): Yes
  • Additional Items:Hot Tub Spa: Yes
  • General Property Info:SqFt Above Grade: 4049.0
  • Additional Items:Carpet Floor: Yes
  • Additional Items:Tile Floor: Yes
  • Additional Items:Vaulted Ceilings: Yes
  • Additional Items:Basement Finished: Yes
  • General Property Info Elementary School2: Abbot, Abbot
  • General Property Info High School: Skyline, Skyline
  • General Property Info Middle School2: Forsythe, Forsythe
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer, Disposal, Dishwasher, Microwave, Oven, Range, Refrigerator
  • Interior Amenities: Ceramic Floor, Garage Door Opener, Hot Tub Spa, Security System, Wood Floor, Eat-in Kitchen
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Basement: Walk Out, Full
  • LivingArea: 5719.0
  • Window Features: Skylight(s), Window Treatments
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Basement Finished SQFT: 1670.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Breakfast Nook: Yes
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Below Grade Sq Ft: 1670.0

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Patio, Deck(s)
  • List Price: 740000.0
  • Lot Features: Site Condo
  • Road Frontage Type: Private Road
  • Exterior Features:Patio: Yes
  • Exterior Features:Deck(s): Yes
  • Exterior Material:Brick: 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, Cable Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1300.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Info:Approx Assoc Fee2: 1300.0
  • Association Info:Assoc Fee Payable: Annually

Schools

  • Elementary School: Abbot, Abbot
  • High School: Skyline, Skyline
  • Middle/Junior School: Forsythe, Forsythe

Lot Info

  • Lot Size Acres: 0.54
  • Lot Size Area: 0.54
  • Lot Dimensions: 106X220
  • Lot Size Sq Ft: 23522.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 10389.0
  • Tax Year: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2012
Closed on
Apr 3, 2012
Sold by
Lehman Michael N and Coolen Joanna M
Bought by
Saba Yazdani Ali and Saba Iqbal
Seller's Agent
Anne Sloan
The Charles Reinhart Company
Buyer's Agent
Hillary Ward
The Charles Reinhart Company
List Price
$740,000
Sold Price
$725,000
Premium/Discount to List
-$15,000
-2.03%
Current Estimated Value
$1,279,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$554,815
Avg. Annual Appreciation
4.24%
Original Mortgage
$415,000
Outstanding Balance
$56,257
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$1,223,558

Purchase Details

Closed on
Apr 29, 2011
Sold by
Lehman Michael N and Coolen Joanna M
Bought by
Lehman Michaeln and Coolen Joanna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2007
Sold by
Toll Mi Ii Lp
Bought by
Shahinian Vahakn and Hoogerwerf Willemijntje

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$698,400
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 2, 2001
Sold by
Walnut Ridge Development
Bought by
Toll Mi Ii Limited Partnership
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Saba Yazdani Ali $725,000 Cis
Lehman Michaeln -- Cis
Lehman Michael N $720,000 Cis
Shahinian Vahakn $873,039 Westminster Title Agency Inc
Toll Mi Ii Limited Partnership $154,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saba Yazdani Ali $415,000
Previous Owner Lehman Michael N $417,000
Previous Owner Shahinian Vahakn $698,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2012 04/03/12 Sold $725,000 -2.0% $127 / Sq Ft
02/17/2012 02/17/12 Pending -- -- --
02/13/2012 02/13/12 For Sale $740,000 -- $129 / 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 $16,000 $563,700 $0 $0
2024 $15,545 $557,500 $0 $0
2023 $11,401 $479,800 $0 $0
2022 $15,839 $520,700 $0 $0
2021 $15,055 $510,700 $0 $0
2020 $15,417 $493,900 $0 $0
2019 $14,234 $473,400 $473,400 $0
2018 $13,855 $467,100 $0 $0
2017 $13,352 $431,700 $0 $0
2016 $9,477 $372,622 $0 $0
2015 -- $371,508 $0 $0
2014 -- $359,900 $0 $0
2013 -- $359,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 23106991

MichRIC

APN: 08-13-450-001