2865 Walters Way Unit 1 Ann Arbor, MI 48103
The Downs Condominiums NeighborhoodEstimated payment $13,554/month
Total Views
20,551
7
Beds
5.5
Baths
6,893
Sq Ft
$318
Price per Sq Ft
Highlights
- Spa
- Fruit Trees
- Deck
- Creekside Intermediate School Rated A-
- Maid or Guest Quarters
- Contemporary Architecture
About This Home
Landau beautifully custom built home situated on 2.71 acres in a cul-de-sac surrounded by nature and privacy. Brick home with upgraded finishings throughout. A welcoming covered porch invites you into a entryway and two-story foyer with an elegant staircase. The private first-floor office/piano room has a custom full wall book/display case. Spacious open concept on the main level brings to you a formal dining room, an exquisite culinary kitchen with prep area, and breakfast room with ample natural lighting. Enjoy the cozy living room with a wood burning fireplace and separate sun room to enjoy your morning coffee. Large mudroom with closet and built in desk. A drywalled 3 car attached garage with an EV charging system. Natural gas whole house backup generator. Decorative crown molding, updated carpet and beautiful hardwood floors. Zoned heating, 2 new AC Condensers, Trex composite decking on the balcony overlooking the beautiful landscaping. Main level ensuite guest room. Upper level with master suite, with dual closet, garden tub, dual vanities and tiled shower. Additional bedrooms with walkin closets, 2 full additional baths, and a bonus room. Upper level laundry. Upper-level private office with glass french doors. Walkout finished basement with entertainment area including a wet bar with beverage cooler and workout area. Nicely sized guest quarters with bedroom and full bath. The exterior offers a covered patio, pergola that can be covered in the cooler months and an elevated Michael Phelps swim pool, and jacuzzi with a large deck seating area. Easy care native plant and rock garden. The well kept landscape offers ornamental and fruit trees. 2 additional refrigerators in garage included and 3 large safes are negotiable.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,428
Year Built
- Built in 2006
Lot Details
- 2.71 Acre Lot
- Property fronts a private road
- Cul-De-Sac
- Shrub
- Terraced Lot
- Fruit Trees
- Wooded Lot
- Garden
HOA Fees
- $183 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Rear-Facing Garage
- Garage Door Opener
Home Design
- Contemporary Architecture
- Brick Exterior Construction
- Asphalt Roof
Interior Spaces
- 2-Story Property
- Wet Bar
- Built-In Desk
- Bar Fridge
- Ceiling Fan
- Wood Burning Fireplace
- Insulated Windows
- Window Treatments
- Garden Windows
- Window Screens
- Mud Room
- Den with Fireplace
- Recreation Room
- Home Security System
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Oven
- Cooktop
- Microwave
- Freezer
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 7 Bedrooms | 1 Main Level Bedroom
- En-Suite Bathroom
- Maid or Guest Quarters
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
- Sink Near Laundry
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- 1 Bedroom in Basement
- Natural lighting in basement
Eco-Friendly Details
- Air Purifier
Pool
- Spa
- Above Ground Pool
Outdoor Features
- Balcony
- Deck
- Patio
- Porch
Schools
- Dexter High Middle School
- Dexter High School
Utilities
- Humidifier
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Generator Hookup
- Power Generator
- Well
- Natural Gas Water Heater
- Septic System
- High Speed Internet
- Phone Available
- Cable TV Available
Community Details
- Association Phone (248) 231-9096
- Built by Landau Custom Homes
- The Downs Subdivision
- Electric Vehicle Charging Station
Map
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Home Values in the Area
Average Home Value in this Area
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 | $4,151 | $536,300 | $0 | $0 |
| 2023 | $3,954 | $481,000 | $0 | $0 |
| 2022 | $13,232 | $506,500 | $0 | $0 |
| 2021 | $12,508 | $511,000 | $0 | $0 |
| 2020 | $12,540 | $515,100 | $0 | $0 |
| 2019 | $11,991 | $412,000 | $412,000 | $0 |
| 2018 | $11,603 | $408,100 | $0 | $0 |
| 2017 | $11,094 | $413,400 | $0 | $0 |
| 2016 | $3,399 | $319,873 | $0 | $0 |
| 2015 | -- | $314,630 | $0 | $0 |
| 2014 | -- | $304,800 | $0 | $0 |
| 2013 | -- | $304,800 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/04/2025 03/04/25 | For Sale | $2,195,000 | +214.0% | $318 / Sq Ft |
| 01/17/2012 01/17/12 | Sold | $699,000 | +7.5% | $138 / Sq Ft |
| 10/20/2011 10/20/11 | Pending | -- | -- | -- |
| 10/20/2011 10/20/11 | For Sale | $650,000 | -- | $128 / Sq Ft |
Source: Southwestern Michigan Association of REALTORS®
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $699,000 | Liberty Title | |
| Corporate Deed | $210,000 | -- | |
| Corporate Deed | $150,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $559,200 | New Conventional | |
| Previous Owner | $781,300 | Unknown | |
| Previous Owner | $781,300 | Fannie Mae Freddie Mac |
Source: Public Records
Similar Homes in Ann Arbor, MI
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 25007365
APN: 08-11-310-001
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