2865 S Main St Ann Arbor, MI 48103
Briarwood Neighborhood
            
                1
                Bed
            
            
            
                1
                Bath
            
            
            
                59,402
                Sq Ft
            
            
                    
                        4.27
                        Acres
                    
                    
        
    
    
About This Home
This home is located at 2865 S Main St, Ann Arbor, MI 48103. 2865 S Main St is a home located in Washtenaw County with nearby schools including Bryant Elementary School, Pattengill Elementary School, and Tappan Middle School.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Oct 16, 2019
            
        
                Sold by
            
            
                Csh Ann Arbor Llc
            
        
                Bought by
            
            
                Ann Arbor Senior Housing Propco Llc
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $16,625,000
            
        
                Outstanding Balance
            
            
                $14,623,391
            
        
                Interest Rate
            
            
                3.7%
            
        
                Mortgage Type
            
            
                Commercial
            
        Purchase Details
                Closed on
            
            
                Jan 19, 2017
            
        
                Sold by
            
            
                Aa Retirement Investors Llc
            
        
                Bought by
            
            
                Csh Ann Arbor Llc
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $12,200,000
            
        
                Interest Rate
            
            
                4.16%
            
        
                Mortgage Type
            
            
                Commercial
            
        Purchase Details
                Closed on
            
            
                Oct 16, 2006
            
        
                Sold by
            
            
                University Assisted Living Llc
            
        
                Bought by
            
            
                Aa Retirement Investors Llc
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $6,290,000
            
        
                Interest Rate
            
            
                4.23%
            
        
                Mortgage Type
            
            
                Future Advance Clause Open End Mortgage
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Ann Arbor Senior Housing Propco Llc | $10,296,000 | None Available | |
| Csh Ann Arbor Llc | -- | None Available | |
| Aa Retirement Investors Llc | -- | First American Title Ins Co | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Ann Arbor Senior Housing Propco Llc | $16,625,000 | |
| Previous Owner | Csh Ann Arbor Llc | $12,200,000 | |
| Previous Owner | Aa Retirement Investors Llc | $6,290,000 | 
                Source: Public Records
            
        Tax History Compared to Growth
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 | $417,924 | $7,215,500 | $0 | $0 | 
| 2024 | $350,432 | $6,458,900 | $0 | $0 | 
| 2023 | $324,221 | $6,207,700 | $0 | $0 | 
| 2022 | $420,308 | $6,326,900 | $0 | $0 | 
| 2021 | $427,357 | $6,405,800 | $0 | $0 | 
| 2020 | $456,759 | $6,976,200 | $0 | $0 | 
| 2019 | $392,666 | $7,041,900 | $7,041,900 | $0 | 
| 2018 | $374,155 | $5,855,600 | $0 | $0 | 
| 2017 | $208,705 | $5,153,800 | $0 | $0 | 
| 2016 | $162,396 | $3,286,623 | $0 | $0 | 
| 2015 | $195,010 | $3,276,793 | $0 | $0 | 
| 2014 | $195,010 | $3,174,400 | $0 | $0 | 
| 2013 | -- | $3,174,400 | $0 | $0 | 
                Source: Public Records
                    
            
        Map
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