NOT LISTED FOR SALE

2720 Walters Way Ann Arbor, MI 48103

Estimated Value: $1,107,000 - $1,254,000

5 Beds
5 Baths
6,088 Sq Ft
$194/Sq Ft Est. Value

Last Sold June 03, 2016

Last sale price $987,000 $162 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $7,051/month

301 Days on Market

Highlights

  • Spa
  • Home fronts a pond
  • Contemporary Architecture
  • Creekside Intermediate School Rated A-
  • Deck
  • Vaulted Ceiling

About This Home

As of June 2016

With panoramic water views from almost every room, this custom-designed home built by Landau in 2002, offers everything you would expect to find in a home of this quality. The transitional design with Arts & Crafts flavor, resonates with those seeking either contemporary or traditional interior. Soaring ceilings, gourmet kitchen w/ top of the line stainless appliances, custom cabinets, granite counters, maple hardwood floors, first floor master suite w/ spa bath, study w/ built-in cherry bookcases and shelves, and generously-sized mud room are but a few of this beautiful home?s special features. In addition, there is a full walkout lower level featuring additional bedrooms, bath and media room. A screened porch w/cedar walls and ceiling, invites you to spend time overlooking nature. The The 2.27 acre site features professionally-designed landscaping, oversized 3+ car garage with separate workroom and extensive storage. Located only 8 minutes to downtown AA., Primary Bath, Rec Room: Finished

Last Listed By

Patricia Durston

The Charles Reinhart Company License #6506044640 Listed on: 07/09/2015

The Charles Reinhart Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,016

Year Built

  • Built in 2002

Lot Details

  • 2.27 Acre Lot
  • Home fronts a pond
  • Property fronts a private road
  • Sprinkler System
  • Property is zoned PUD, PUD

HOA Fees

  • $60 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick or Stone Mason
  • Wood Siding
  • Stone

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Window Treatments

Kitchen

  • Double Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

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

Parking

  • Attached Garage
  • Garage Door Opener

Outdoor Features

  • Spa
  • Balcony
  • Deck

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,016

Year Built

Built in 2002

Lot Details

0

HOA Fees

$60 per month

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 2002
  • ResoPropertyType: Residential
  • Garage Type Attached: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Microwave: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer, Disposal, Dishwasher, Microwave, Oven, Range, Refrigerator
  • Interior Amenities: Ceiling Fans, Ceramic Floor, Garage Door Opener, Hot Tub Spa, Water Softener/Owned, Wood Floor
  • Fireplace Features: Wood Burning, Gas Log
  • Fireplace: Yes
  • Fireplaces: 2
  • Total Bedrooms: 5
  • Main Level Bedrooms: 1
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bathrooms: 5
  • Basement: Walk Out, Full
  • LivingArea: 6088.0
  • Window Features: Window Treatments
  • Basement Rooms:Basement Finished SQFT: 1971.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Fireplace:Wood Burning: Yes
  • Appliances:Double Oven: Yes
  • Below Grade Sq Ft: 1971.0

Exterior Features

  • Construction Materials: Wood Siding, Stone
  • Exterior Features: Balcony, Deck(s)
  • List Price: 1075000.0
  • Lot Features: Site Condo
  • Road Frontage Type: Private Road
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Exterior Features:Deck(s): Yes
  • Exterior Features:Balcony: 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
  • Laundry Features: Main Level
  • Sewer: Septic System
  • Utilities: Natural Gas Connected, Cable Connected
  • Water Source: Well
  • Water Well: Yes

Condo/Co-op/Association

  • Association Fee: 720.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Info:Approx Assoc Fee2: 720.0
  • Association Info:Assoc Fee Payable: Annually

Lot Info

  • Lot Size Acres: 2.27
  • Lot Size Area: 2.27
  • Lot Size Sq Ft: 98881.0
  • Zoning Description: PUD
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 11016.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2015
Closed on
Jun 2, 2016
Sold by
Takasawa Keith D and Rosen Julie A
Bought by
Locwe Scott and Locwe Leslie
Seller's Agent
Patricia Durston
The Charles Reinhart Company
Buyer's Agent
Timothy Harrison
Real Estate One
List Price
$1,075,000
Sold Price
$987,000
Premium/Discount to List
-$88,000
-8.19%
Total Days on Market
301
Current Estimated Value
$1,180,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,720
Avg. Annual Appreciation
3.16%
Original Mortgage
$417,000
Interest Rate
3.64%
Mortgage Type
New Conventional

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 Buyer Sale Price Title Company
Locwe Scott $987,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loewe Scott $905,000
Closed Loewe Scott $720,000
Closed Loewe Leslie --
Closed Locwe Scott $417,000
Previous Owner Takasawa Keith $700,000
Previous Owner Takasawa Keith D $602,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2016 06/03/16 Sold $987,000 -8.2% $162 / Sq Ft
05/05/2016 05/05/16 Pending -- -- --
07/09/2015 07/09/15 For Sale $1,075,000 -- $177 / 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
2024 $5,345 $546,500 $0 $0
2023 $5,090 $510,100 $0 $0
2022 $16,913 $534,600 $0 $0
2021 $15,982 $540,200 $0 $0
2020 $16,022 $543,400 $0 $0
2019 $15,316 $434,100 $434,100 $0
2018 $15,065 $431,000 $0 $0
2017 $14,899 $436,800 $0 $0
2016 $3,565 $335,445 $0 $0
2015 -- $334,442 $0 $0
2014 -- $323,993 $0 $0
2013 -- $323,993 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23078711

Southwestern Michigan Association of REALTORS®

APN: 08-11-310-011