$336,000 - $531,000
RENTED SEP 4, 2024

278 Lyn Anne Ct Unit 27 Ann Arbor, MI 48103

Arborview Neighborhood
3 Beds
3 Baths
1,538 Sq Ft
$252 Price per Sq Ft

Last Sold May 05, 2017

Last sale price $237,500 $154 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,803/month

Highlights

  • Wood Flooring
  • Fireplace
  • Home Security System
  • Haisley Elementary School Rated A
  • Patio
  • 3-minute walk to Wellington Playground

About This Home

As of September 2024

This 3 bedroom, 3 full bath West Side condo is available for immediate occupancy. This property offers an eat-in kitchen, stone fireplace, deck and patio with wooded views, lower level walkout with bedroom or study and full bath. Located near Vets Park, close to shopping, easy access to both I-94 and M-14 expressways, minutes to downtown. Located on city bus line. Unit comes with 2 designated parking spots, one is covered. Small pet negotiable - subject to association approval, fee. No smoking.

Last Agent to Rent the Property

Angela Rasmussen

The Charles Reinhart Company License #6501356371 Listed on: 07/26/2024

The Charles Reinhart Company

Last Renter's Agent

Angela Rasmussen

The Charles Reinhart Company License #6501356371 Listed on: 07/26/2024

The Charles Reinhart Company

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,434

Year Built

  • 1988

Lot Details

  • 671

Interior Spaces

  • 1,538 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Home Security System

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Laundry in Basement

Parking

  • Carport
  • 2 Parking Garage Spaces
  • Off-Street Parking

Schools

  • Haisley Elementary School
  • Forsythe Middle School

Utilities

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

Additional Features

  • Patio
  • 671 Sq Ft Lot
  • Property is near a bus stop

Listing and Financial Details

  • Property Available on 7/26/24
  • Tenant pays for cable/satellite, electricitiy, heat, internet access, linens, wifi
  • The owner pays for association fees, lawn/yard care, sewer, snow removal, water

Community Details

Overview

  • Parkside Common Condos
  • Parkside Common Condo Subdivision

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,434

Year Built

1988

Lot Details

0

Rental Info

  • Available Date: 2024-07-26
  • Owner Pays: Association Fees, Lawn/Yard Care, Sewer, Snow Removal, Water
  • Tenant Pays: Cable/Satellite, Electricitiy, Heat, Internet Access, Linens, WIFI

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential Lease
  • Stories: 2
  • Structure Type: Townhouse
  • ResoPropertyType: ResidentialLease
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1538.0
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Location Property Info:Subdivision2: Parkside Common Condo
  • Location Property Info:Vacation Rental: No
  • Location Property Info:AptCondo Cmplx Name: Parkside Common
  • Air Conditioning:Central Air2: Yes
  • General Property Info:_pound_ of Assigned Spaces: 2.0
  • Other Amenities:Carpet Floor2: Yes
  • Other Amenities:Vinyl Floor2: Yes
  • Laundry Features In Basement: Yes
  • General Property Info Elementary School2: Haisley Elementary School
  • General Property Info Middle School2: Forsythe Middle School
  • General Property Info Garage YN: No
  • Substructure Walk-Out Access2: Yes
  • Pet Details:Yes2: Yes
  • Architectural Style Townhouse: Yes
  • Security Features Security System3: Yes
  • Air Conditioning CeilingFan: Yes
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1988

Interior Features

  • Fireplace: Yes
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Walk-Out Access
  • LivingArea: 1538.0
  • General Property Info:Stories2: 2.0
  • Appliances Provided:Dishwasher2: Yes
  • Appliances Provided:Dryer2: Yes
  • Appliances Provided:Electric Range: Yes
  • Appliances Provided:Microwave2: Yes
  • Appliances Provided:Refrigerator2: Yes
  • Appliances Provided:Washer2: Yes

Exterior Features

  • List Price: 2800.0
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport: Yes
  • Garage: No
  • Parking Features: Carport
  • General Property Info:Parking: Off Street
  • Parking Features Carport14: Yes

Utilities

  • Cooling: CeilingFan, Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: In Basement
  • Security Features: Security System

Association/Amenities

  • Landlord Provides:Association Fees: Yes
  • Other Amenities:PatioPorch Balcony: Yes
  • Other Amenities:On Bus Line: Yes
  • Other Amenities:Sidewalk2: Yes
  • Other Amenities:Hardwood Floors: Yes
  • Other Amenities:Fireplace2: Yes

Schools

  • Elementary School: Haisley Elementary School
  • Middle/Junior School: Forsythe Middle School

Lot Info

  • Lot Size Acres: 0.02
  • Lot Size Area: 0.02
  • Lot Size Sq Ft: 671.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2022
Sold by
Kapil Melkote
Bought by
Melkote Srinivas and Melkote Malavika
Current Estimated Value
$383,671

Purchase Details

Listed on
May 1, 2017
Closed on
May 10, 2017
Sold by
Groustra Glenn R
Bought by
Melkote Srinivas and Melkote Malavika
Seller's Agent
Alicia McCollum
The Charles Reinhart Company
Buyer's Agent
Alicia McCollum
The Charles Reinhart Company
List Price
$237,500
Sold Price
$237,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.03%

Purchase Details

Closed on
Apr 8, 2015
Sold by
Romeo Joe and Romeo Joseph H
Bought by
Groustra Glenn R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 2, 2009
Sold by
Conley Chip
Bought by
Romeo Joe

Purchase Details

Closed on
Oct 26, 2000
Sold by
Williams Christopher M
Bought by
Conley Chip

Purchase Details

Closed on
Jun 4, 1999
Sold by
Grinstead Susan J
Bought by
Williams Christopher M

Purchase Details

Closed on
Mar 21, 1997
Sold by
Mok Iok Peng Miu
Bought by
Susan J Grinstead

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,850
Interest Rate
7.73%
Mortgage Type
Balloon
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
Melkote Srinivas -- Mohr Budds Law Pllc
Melkote Srinivas $237,500 None Available
Groustra Glenn R $180,000 None Available
Romeo Joe $140,000 Stewart Title Agency
Conley Chip $160,000 --
Williams Christopher M $137,500 --
Susan J Grinstead $116,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Groustra Glenn R $144,000
Previous Owner Romeo Joseph H $123,400
Previous Owner Romeo Joseph H $25,000
Previous Owner Romeo Joe $112,000
Previous Owner Conley Chip $110,000
Previous Owner Susan J Grinstead $104,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2024 09/04/24 Rented $2,800 0.0% --
08/22/2024 08/22/24 Under Contract -- -- --
07/26/2024 07/26/24 For Rent $2,800 +33.3% --
05/05/2021 05/05/21 Rented $2,100 0.0% --
05/04/2021 05/04/21 Under Contract -- -- --
04/07/2021 04/07/21 For Rent $2,100 0.0% --
05/05/2017 05/05/17 Sold $237,500 0.0% $154 / Sq Ft
05/01/2017 05/01/17 Pending -- -- --
05/01/2017 05/01/17 For Sale $237,500 -- $154 / 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 $8,434 $152,500 $0 $0
2024 $7,085 $148,600 $0 $0
2023 $6,543 $152,900 $0 $0
2022 $6,068 $140,000 $0 $0
2021 $5,925 $123,900 $0 $0
2020 $5,937 $113,900 $0 $0
2019 $5,620 $113,700 $113,700 $0
2018 $5,549 $111,200 $0 $0
2017 $5,596 $112,900 $0 $0
2016 $5,423 $112,400 $0 $0
2015 $4,019 $87,204 $0 $0
2014 $4,019 $84,480 $0 $0
2013 -- $84,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24038576

Southwestern Michigan Association of REALTORS®

APN: 09-30-227-031