NOT LISTED FOR SALE

2931 Walnut Ridge Dr Unit 50 Ann Arbor, MI 48103

Estimated Value: $1,341,000 - $1,551,000

5 Beds
5.5 Baths
5,856 Sq Ft
$246/Sq Ft Est. Value

Last Sold April 14, 2023

Last sale price $1,325,000 $226 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $9,728/month

7 Days on Market

Highlights

  • Spa
  • Home fronts a pond
  • Contemporary Architecture
  • Forsythe Middle School Rated A
  • Deck
  • Recreation Room

About This Home

As of April 2023

This luxurious 5 bedroom 5 full bath home offers a perfect space for living and entertaining with stunning upgrades and features that sets it apart in the coveted Walnut Ridge neighborhood. Premium Waterview lot with splendid views of pond and treeline. Extensively remodeled with high-end materials with no expense spared. Be ready to enjoy Michigan summers on an expansive trex deck with tempered glass railing, a waterproof covered patio, and a beautifully landscaped backyard. Michigan winters become cozy in this home with 3 modern gas fireplaces with linear flames, heated floors in the primary and shared bathrooms, steam shower, and bubble massage and jacuzzi tubs. Sunbathed open first floor features maple wood floors and an elegant warm white kitchen opening into a double-height living r room and sunroom. A crown jewel is the walkout basement with luxurious modern finishes- natural hickory wood floors, a kitchen and entertaining area, exercise room with cork flooring, and a full spa bathroom. New roof and exterior painting in 2022, generator, tankless water heater, water softening system, and newer furnace unit. 12 min bike ride to downtown, quick access to M14, lower Scio township taxes but AA city water, address, and schools., Primary Bath, Rec Room: Finished

Last Agent to Sell the Property

Thomas Racine

Century 21 Affiliated License #6501210978 Listed on: 02/24/2023

Century 21 Affiliated

Last Buyer's Agent

Georgia Porikos

Keller Williams Ann Arbor License #6501301120

Keller Williams Ann Arbor

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,293

Year Built

  • Built in 2005

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 118 x 220 x 81 x 220
  • Home fronts a pond
  • Property fronts a private road
  • Sprinkler System

HOA Fees

  • $142 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Bar Fridge
  • Vaulted Ceiling
  • Ceiling Fan
  • 3 Fireplaces
  • Gas Log Fireplace
  • Window Treatments
  • Living Room
  • Dining Area
  • Recreation Room
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Double Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Spa
  • Deck
  • Patio
  • Porch

Schools

  • Abbot Elementary School
  • Forsythe Middle School
  • Skyline High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Power Generator
  • Water Softener is Owned
  • Cable TV Available

Community Details

Overview

  • Association fees include snow removal
  • Walnut Ridge Site Condo Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,293

Year Built

Built in 2005

Lot Details

0

HOA Fees

$142 per month

Parking

3

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 2005
  • ResoPropertyType: Residential
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Microwave: Yes
  • Architectural Style:Contemporary: Yes
  • Security Features:Security System: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Bar Fridge, Dishwasher, Disposal, Double Oven, Dryer, Microwave, Oven, Range, Refrigerator, Washer, Water Softener Owned
  • Flooring: Carpet, Ceramic Tile, Tile, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Hot Tub Spa, Eat-in Kitchen
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Fireplaces: 3
  • Total Bedrooms: 5
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6
  • Basement: Full, Walk-Out Access
  • LivingArea: 5856.0
  • Window Features: Window Treatments
  • Basement Rooms:Basement Finished SQFT: 1917.0
  • Basement Rooms:Total Basement SQFT: 2076.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Breakfast Nook: Yes
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Bar Fridge: Yes
  • Appliances:Double Oven: Yes
  • Appliances:Water Softener-Owned: Yes
  • Below Grade Sq Ft: 1917.0

Exterior Features

  • Construction Materials: Brick, Wood Siding
  • List Price: 1325000.0
  • Lot Features: Site Condo
  • Patio and Porch Features: Deck, Patio, Porch(es)
  • Road Frontage Type: Private Road
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage: Yes
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes
  • General Property Info:Garage Spaces: 3.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Electric: Generator
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Main Level
  • Security Features: Security System
  • Sewer: Public
  • Utilities: Natural Gas Connected, Cable Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Trail(s)
  • Association Fee: 1700.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Info:Approx Assoc Fee2: 1700.0
  • Association Info:Assoc Fee Payable: Annually
  • General Property Info:Association Contact: 734-677-2727 brian.p

Fee Information

  • Association Fee Includes: Snow Removal

Schools

  • Elementary School: Abbot Elementary School
  • High School: Skyline High School
  • Middle/Junior School: Forsythe Middle School

Lot Info

  • Lot Size Acres: 0.51
  • Lot Size Area: 0.51
  • Lot Dimensions: 118 X 220 X 81 X 220
  • Lot Size Sq Ft: 22216.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 15293.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2024
Sold by
Moore Sherrone B and Moore Kelli L
Bought by
Anne Davis Trust and Lenz
Total Days on Market
7
Current Estimated Value
$1,438,006

Purchase Details

Listed on
Feb 24, 2023
Closed on
Apr 13, 2023
Sold by
Lama Tarun and Lama Vibha
Bought by
Moore Sherrone B and Moore Kelli L
Seller's Agent
Thomas Racine
Century 21 Affiliated
Buyer's Agent
Georgia Porikos
Keller Williams Ann Arbor
List Price
$1,325,000
Sold Price
$1,325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.92%
Original Mortgage
$1,060,000
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2009
Sold by
Kim Il W and Kim Yangsook
Bought by
Lama Tarun and Lama Vibha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2005
Sold by
Toll Mi Ii Lp
Bought by
Kim Il W and Kim Yansook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$564,050
Interest Rate
5.66%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 7, 2001
Sold by
Walnut Ridge Development Llc
Bought by
Toll Mi Ii Lp
Source: Public Records

Range of Values:

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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
Anne Davis Trust -- None Listed On Document
Moore Sherrone B $1,325,000 None Listed On Document
Lama Tarun $550,000 None Available
Kim Il W $705,187 --
Toll Mi Ii Lp $154,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moore Kelli L $1,060,000
Previous Owner Lama Tarun $417,000
Previous Owner Lama Tarun $379,000
Previous Owner Lama Tarun $400,000
Previous Owner Lama Tarun $414,500
Previous Owner Lama Tarun $417,000
Previous Owner Kim Il W $564,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2023 04/14/23 Sold $1,325,000 0.0% $226 / Sq Ft
03/03/2023 03/03/23 Pending -- -- --
02/24/2023 02/24/23 For Sale $1,325,000 -- $226 / 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 $18,171 $708,400 $0 $0
2023 $11,007 $467,300 $0 $0
2022 $15,294 $506,400 $0 $0
2021 $14,537 $497,100 $0 $0
2020 $14,887 $481,000 $0 $0
2019 $13,744 $461,500 $461,500 $0
2018 $13,378 $453,600 $0 $0
2017 $12,893 $420,100 $0 $0
2016 $9,149 $359,726 $0 $0
2015 -- $358,651 $0 $0
2014 -- $309,452 $0 $0
2013 -- $309,452 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23119367

Southwestern Michigan Association of REALTORS®

APN: 08-13-450-050