NOT LISTED FOR SALE

2895 Fernwood Ave Unit 1 Ann Arbor, MI 48104

Allen Neighborhood

Estimated Value: $270,000 - $344,439

3 Beds
2 Baths
720 Sq Ft
$451/Sq Ft Est. Value

Last Sold October 22, 2014

Last sale price $160,000 $222 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $2,150/month

53 Days on Market

Highlights

  • Central Air
  • Laundry Facilities
  • Community Storage Space
  • Pittsfield Elementary School Rated A-

About This Home

As of October 2014

This home is located at 2895 Fernwood Ave Unit 1, Ann Arbor, MI 48104 since 20 August 2014 and is currently estimated at $324,860, approximately $451 per square foot. This property was built in 1934. 2895 Fernwood Ave Unit 1 is a home located in Washtenaw County with nearby schools including Pittsfield Elementary School, Scarlett Middle School, and Huron High School.

Last Agent to Sell the Property

Dolores De Tavernier

Beal Properties LLC License #6501174305 Listed on: 08/20/2014

Last Buyer's Agent

No Member

Non Member Sales

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,435

Year Built

  • Built in 1934

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 65x134

Parking

  • 4 Parking Spaces

Basement

  • Crawl Space

Schools

  • Pittsfield Elementary School
  • Scarlett Middle School
  • Huron High School

Utilities

  • Central Air
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities
  • Community Storage Space

Building Details

  • Gross Income $8,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,435

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1934
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space
  • Basement: No

Exterior Features

  • List Price: 164900.0

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association Amenities: Cable TV, Storage
  • Association: Yes

Association/Amenities

  • Assoc Amenities:Cable TV: Yes
  • Assoc Amenities:Storage: Yes

Schools

  • Elementary School: Pittsfield
  • High School: Huron
  • Middle/Junior School: Scarlett

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Dimensions: 65x134
  • Lot Size Sq Ft: 8712.0
  • Zoning Description: R1C
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electric

Multi Family

  • Gross Income: 8700.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3435.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2020
Sold by
Caldwell Amanda M
Bought by
Caldwell Amanda M and Hamilton Jeffrey Duane
Current Estimated Value
$324,860

Purchase Details

Closed on
Feb 5, 2020
Sold by
Caldwell Amanda M
Bought by
Caldwell Amanda M and Bertrand Richard G

Purchase Details

Listed on
Aug 20, 2014
Closed on
Oct 21, 2014
Sold by
Chappell James
Bought by
Caldwell Amanda M
Seller's Agent
Dolores De Tavernier
Beal Properties LLC
Buyer's Agent
No Member
Non Member Sales
List Price
$164,900
Sold Price
$160,000
Premium/Discount to List
-$4,900
-2.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.92%
Original Mortgage
$128,000
Outstanding Balance
$100,192
Interest Rate
4.21%
Mortgage Type
New Conventional
Estimated Equity
$226,162

Purchase Details

Closed on
Oct 26, 2009
Sold by
The Village Cooperative Homes Inc
Bought by
Ma Weiling

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,600
Interest Rate
5.02%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 5, 2005
Sold by
Duncan Donald R and Pearl Duncan Trust
Bought by
Chappell James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Caldwell Amanda M -- None Available
Caldwell Amanda M -- None Available
Caldwell Amanda M $160,000 Liberty Title
Ma Weiling -- First Title & Escrow Inc
Chappell James $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caldwell Amanda M $128,000
Previous Owner Ma Weiling $73,600
Previous Owner Chappell James $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2014 10/22/14 Sold $160,000 -3.0% $222 / Sq Ft
10/12/2014 10/12/14 Pending -- -- --
08/20/2014 08/20/14 For Sale $164,900 -- $229 / 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 $5,113 $148,500 $0 $0
2023 $4,717 $142,000 $0 $0
2022 $5,414 $133,600 $0 $0
2021 $5,273 $125,400 $0 $0
2020 $5,137 $110,300 $0 $0
2019 $4,894 $100,900 $100,900 $0
2018 $4,813 $90,000 $0 $0
2017 $4,663 $90,200 $0 $0
2016 $3,550 $83,349 $0 $0
2015 $3,577 $83,100 $0 $0
2014 $3,577 $67,000 $0 $0
2013 -- $67,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Dolores De Tavernier

    Beal Properties LLC

  • N

    Buyer's Agent in 2014

    No Member

    Non Member Sales

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17764

Southwestern Michigan Association of REALTORS®

APN: 12-02-320-008

Michigan Washtenaw County Ann Arbor 48104 Allen

2895 Fernwood Ave Unit 1, Ann Arbor, MI

This home is located at 2895 Fernwood Ave Unit 1, Ann Arbor, MI 48104 since 20 August 2014 and is currently estimated at $324,860, approximately $451 per square foot. This property was built in 1934. 2895 Fernwood Ave Unit 1 is a home located in Washtenaw County with nearby schools including Pittsfield Elementary School, Scarlett Middle School, and Huron High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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