NOT LISTED FOR SALE

2993 Silver Spring Dr Unit 81 Ann Arbor, MI 48103

Estimated Value: $570,491 - $644,000

4 Beds
2.5 Baths
2,243 Sq Ft
$275/Sq Ft Est. Value

Last Sold May 01, 2014

Last sale price $348,000 $155 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $3,796/month

Highlights

  • Colonial Architecture
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Lawton Elementary School Rated A

About This Home

As of November 2024

This 4-bedroom, 2.5-bathroom home with a spacious floor plan is located in the high-demand Boulder Ridge community. The formal dining room, equipped with large windows, is filled with natural light and offers a backyard view. Gas fireplace in the large family room with a vaulted ceiling, large windows, and a sliding door to the deck. The primary bedroom provides a walk-in closet and primary bath with a tub plus a walk-in shower. It is very close to Target, Meijer, Texas Roadhouse, and Outback Steakhouse. The highway is a 2-minute drive, Briarwood Mall is 7 minutes away, Costco is 8 minutes away, the stadium is 10 minutes away, and downtown is 12 minutes away. Lawton Elementary school, Slauson middle school, and Pioneer high school. Schedule your tour today! Tenants occupied, at least 48 hours' notice prior to the showing.
Occupancy is available since 1/1/2025.
Tenants can sign a lease term of 12 months, 15 months, or 18 months.

Last Agent to Rent the Property

Tiancui Guo

Keller Williams Ann Arbor Mrkt License #6501454886 Listed on: 10/28/2024

Keller Williams Ann Arbor Mrkt

Last Renter's Agent

Stephanie Rodriguez

Signature Sotheby's Inter. License #6501377145

Signature Sotheby's Inter.

Home Details

Home Type

  • Single Family

Year Built

  • 1996

Lot Details

  • 10,019 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Off-Street Parking

Home Design

  • 2,243 Sq Ft Home
  • Colonial Architecture

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Lawton Elementary School
  • Slauson Middle School
  • Pioneer High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Basement

Listing and Financial Details

  • Property Available on 1/1/25

Home Details

Home Type

Single Family

Year Built

1996

Lot Details

0

Parking

2

Rental Info

  • Available Date: 2025-01-01
  • Furnished: Unfurnished

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential Lease
  • ArchitecturalStyle: Colonial
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2243.0
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Location Property Info:Vacation Rental: No
  • Location Property Info:AptCondo Cmplx Name: NA
  • Air Conditioning:Central Air2: Yes
  • General Property Info Elementary School2: Lawton Elementary School
  • General Property Info High School: Pioneer High School
  • General Property Info Middle School2: Slauson Middle School
  • General Property Info Garage YN: Yes
  • Pet Details:Yes2: Yes
  • Architectural Style:Colonial: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1996

Interior Features

  • Fireplace: No
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • LivingArea: 2243.0

Exterior Features

  • List Price: 2800.0
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Garage Faces Front, Attached
  • General Property Info:Parking: Off Street
  • Parking Features Attached2: Yes
  • Parking Features:Garage Faces Front: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes

Schools

  • Elementary School: Lawton Elementary School
  • High School: Pioneer High School
  • Middle/Junior School: Slauson Middle School

Lot Info

  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Size Sq Ft: 10019.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2014
Closed on
Apr 30, 2014
Sold by
Park Young Nam and Oh Hak
Bought by
Zhang Mingming
Seller's Agent
Martha Smith
Martha Smith Homes, Inc
Buyer's Agent
Candice Mitchell
The Charles Reinhart Company
List Price
$358,000
Sold Price
$348,000
Premium/Discount to List
-$10,000
-2.79%
Current Estimated Value
$617,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,123
Avg. Annual Appreciation
4.99%

Purchase Details

Closed on
Jul 30, 2003
Sold by
Gallagher Teresa A
Bought by
Park Young Nam and Park Hak Oh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 15, 2002
Sold by
Gallagher Patrick J
Bought by
Gallagher Teresa A

Purchase Details

Closed on
Nov 5, 1996
Sold by
Silverman Building Co In
Bought by
Gallagher Patrick J and Gallagher Teresa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
7.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zhang Mingming $348,000 Capital Title Ins Agency
Park Young Nam $300,000 --
Gallagher Teresa A -- --
Gallagher Patrick J $211,645 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Park Young Nam $225,000
Previous Owner Gallagher Patrick J $189,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/07/2024 11/07/24 Rented $2,900 +3.6% --
11/04/2024 11/04/24 Under Contract -- -- --
10/28/2024 10/28/24 For Rent $2,800 +16.7% --
02/22/2021 02/22/21 Rented $2,400 -4.0% --
01/11/2021 01/11/21 Under Contract -- -- --
12/21/2020 12/21/20 Price Changed $2,500 -2.0% $1 / Sq Ft
10/20/2020 10/20/20 For Rent $2,550 +4.1% --
04/01/2018 04/01/18 Rented $2,450 0.0% --
03/08/2018 03/08/18 Under Contract -- -- --
02/06/2018 02/06/18 For Rent $2,450 +4.3% --
10/15/2015 10/15/15 Rented $2,350 -2.1% --
10/15/2015 10/15/15 Under Contract -- -- --
09/28/2015 09/28/15 For Rent $2,400 0.0% --
05/01/2014 05/01/14 Sold $348,000 -2.8% $155 / Sq Ft View Prior Sale
04/30/2014 04/30/14 Pending -- -- --
04/09/2014 04/09/14 For Sale $358,000 -- $160 / Sq Ft
Source: MichRIC

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
2025 $7,089 $250,685 $0 $0
2024 $6,887 $238,070 $0 $0
2023 $6,569 $211,900 $0 $0
2022 $10,549 $206,800 $0 $0
2021 $10,240 $198,700 $0 $0
2020 $9,910 $194,300 $0 $0
2019 $9,388 $174,900 $174,900 $0
2018 $9,200 $171,700 $0 $0
2017 $8,840 $171,500 $0 $0
2016 $5,324 $165,100 $0 $0
2015 -- $166,300 $0 $0
2014 -- $123,700 $0 $0
2013 -- $123,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 24056540

MichRIC

APN: 12-06-305-081