NOT LISTED FOR SALE

2585 W Towne St Unit 13 Ann Arbor, MI 48103

South Maple Neighborhood

Estimated Value: $417,678 - $457,000

2 Beds
3 Baths
2,048 Sq Ft
$211/Sq Ft Est. Value

Last Sold March 31, 2016

Last sale price $252,000 $123 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,369/month

About This Home

As of March 2016

Immediate occupancy Ann Arbor Condo at Blue Heron Townhomes. First time offered for sale, newer ranch style condominium within walking distance of everything and 1.5 miles to downtown. Two car attached garage, finished walk-out basement with half bath and tree lined pond views. Private balcony off master bedroom faces pond. Enjoy urban living surrounded by nature.Features include- 9' ceilings, granite tops in kitchen and baths, Luxury master bath with tiled shower and separate soaker tub. Large walk in closet in the master bedroom. Plenty of storage in the basement utility room., Primary Bath, Rec Room: Finished

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2024
Sold by
Rivard Marcus J
Bought by
Rivard Marcus and Rivard Morgan
Current Estimated Value
$432,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,900
Outstanding Balance
$191,669
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$252,206

Purchase Details

Listed on
Oct 11, 2015
Closed on
Mar 31, 2016
Sold by
Ndc Blue Heron Pond Llc
Bought by
Rivard Marcus J
Seller's Agent
Janet Gilbert-Smith
Norfolk Realty Limited
Buyer's Agent
Janet Gilbert-Smith
Norfolk Realty Limited
List Price
$276,990
Sold Price
$252,000
Premium/Discount to List
-$24,990
-9.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.27%
Original Mortgage
$25,200
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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ICE

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Average Value
Not Available
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
Rivard Marcus -- None Listed On Document
Rivard Marcus -- None Listed On Document
Rivard Marcus J $252,000 Liberty Title
Ndc Blue Heron Pond Llc -- Liberty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivard Marcus $192,900
Closed Rivard Marcus $192,900
Previous Owner Ndc Blue Heron Pond Llc $25,200
Previous Owner Rivard Marcus J $201,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2016 03/31/16 Sold $252,000 -9.0% $123 / Sq Ft
03/31/2016 03/31/16 Pending -- -- --
10/11/2015 10/11/15 For Sale $276,990 -- $135 / Sq Ft

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 $8,980 $198,200 $0 $0
2024 $8,362 $189,400 $0 $0
2023 $7,711 $183,300 $0 $0
2022 $8,402 $165,200 $0 $0
2021 $8,269 $172,100 $0 $0
2020 $8,101 $166,200 $0 $0
2019 $7,710 $160,800 $160,800 $0
2018 $7,602 $153,000 $0 $0
2017 $7,395 $149,200 $0 $0
2016 $3,903 $80,902 $0 $0
Source: Public Records

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