NOT LISTED FOR SALE

2863 Silver Spring Dr Ann Arbor, MI 48103

Estimated Value: $433,918 - $552,000

3 Beds
3 Baths
1,463 Sq Ft
$341/Sq Ft Est. Value

About This Home

NO SHOWS AT THIS TIME**WILL BE AVALIBLE FOR LEASE/MOVE IN ON JULY 1ST 2022** WHAT A FABULOUS RANCH HOME WITH LAWTON SCHOOL IN SOUGHT AFTER BOULDER RIDGE SUBDIVISION. ALL THREE BEDROOMS ARE ON THE FIRST FLOOR. 3 FULL BATHS INCLUDING ONE IN THE FINISHED LOWER LEVEL WITH EGRESS WINDOW. BRIGHT HOUSE WITH NATURAL DÉCOR, VAULTED CEILING IN LIVING ROOM WITH A BEAUTIFUL FIREPLACE. SPACIOUS KITCHEN OPENS TO THE DINING AREA AND A RE-FINISHED DECK IN THE BACKYARD. NEW CARPET THROUGHOUT. NEXT TO WALKING & BIKE PATHS WHICH LEADS TO PUBLIC LIBRARY AND SHOPPING. CONVENIENT LOCATION CLOSE TO EXPRESSWAYS AND DOWNTOWN ANN ARBOR. LAWN CARE PROVIDED, 2 YEAR LEASE MINIMUM, 1.5 MONTH SECURITY CREDIT REPORT AND EMPLOYMENT LETTER MANDATORY. SMALL DOG OR CAT WOULD BE CONSIDERED.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2020
Sold by
Groening Terence and Chan Groening Carol
Bought by
Groening Terence and The Terence Groening Living Tr
Current Estimated Value
$498,230

Purchase Details

Closed on
Aug 24, 2016
Sold by
Cotner David J
Bought by
Greoening Terence and Chan Greoening Carol W

Purchase Details

Closed on
Oct 21, 1998
Sold by
Ramsay Dean S
Bought by
Cotner David J and Cotner Allyson M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 26, 1995
Sold by
Silverman Bldg Companies
Bought by
Ramsay Dean S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.13%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Groening Terence -- None Available
Greoening Terence $299,000 None Available
Cotner David J $182,500 --
Ramsay Dean S $157,075 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cotner David J $223,037
Previous Owner Cotner David J $232,773
Previous Owner Cotner David J $40,000
Previous Owner Cotner David J $40,000
Previous Owner Cotner David J $168,000
Previous Owner Cotner David J $110,000
Previous Owner Ramsay Dean S $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2022 05/01/22 Rented $2,500 +4.2% --
04/22/2022 04/22/22 Under Contract -- -- --
04/11/2022 04/11/22 For Rent $2,400 +4.3% --
08/02/2019 08/02/19 Rented $2,300 +9.8% --
07/19/2019 07/19/19 Under Contract -- -- --
07/12/2019 07/12/19 Price Changed $2,095 -4.8% $1 / Sq Ft
06/03/2019 06/03/19 For Rent $2,200 +10.0% --
02/23/2017 02/23/17 Rented $2,000 +5.3% --
01/24/2017 01/24/17 Under Contract -- -- --
01/03/2017 01/03/17 Price Changed $1,900 -5.0% $1 / Sq Ft
12/15/2016 12/15/16 Price Changed $2,000 -4.8% $1 / Sq Ft
11/30/2016 11/30/16 For Rent $2,100 -- --

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 $5,904 $179,602 $0 $0
2023 $5,631 $180,200 $0 $0
2022 $9,046 $174,100 $0 $0
2021 $8,781 $167,800 $0 $0
2020 $8,498 $165,300 $0 $0
2019 $8,051 $149,300 $149,300 $0
2018 $8,051 $148,800 $0 $0
2017 $7,787 $146,700 $0 $0
2016 $0 $111,714 $0 $0
2015 -- $111,380 $0 $0
2014 -- $107,900 $0 $0
2013 -- $107,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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