3005 Fernwood Ave Unit 103 Ann Arbor, MI 48108
Southeast Ann Arbor Neighborhood
2
Beds
2
Baths
970
Sq Ft
$347/mo
HOA Fee
Highlights
- Ranch Style House
- Ground Level Unit
- Forced Air Heating and Cooling System
- Huron High School Rated A+
- Patio
- Gas Fireplace
About This Home
As of June 2024Move-in-ready first-floor condo in Ann Arbor! This two 2 bedroom, 2 full bathroom home was just remodeled with new flooring in the living room and bedrooms, and fresh paint throughout. The kitchen features a brand new granite countertop, faucets, and vanity tops, along with a new electronic range, stainless steel refrigerator, and dishwasher. Lounge in the cozy living room with a gas fireplace or step outside onto the patio with extra storage space. New toilets. Includes laundry room and carport. Fantastic location close to U of M and EMU campuses, shopping, dining, and highways. Enjoy maintenance-free living in a prime location!
Property Details
Home Type
- Condominium
Est. Annual Taxes
Year Built
- Built in 1989
HOA Fees
- $347 Monthly HOA Fees
Parking
- Carport
Home Design
- Ranch Style House
- Brick Exterior Construction
- Slab Foundation
- Poured Concrete
Interior Spaces
- 970 Sq Ft Home
- Gas Fireplace
Kitchen
- Free-Standing Electric Oven
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
- Cable TV Available
Additional Features
- Patio
- Ground Level Unit
Listing and Financial Details
- Assessor Parcel Number 091211209067
- $2,000 Seller Concession
Community Details
Overview
- Trianglemanagement.Inc Association, Phone Number (734) 585-5174
Pet Policy
- Call for details about the types of pets allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 26, 2024
Closed on
Jun 10, 2024
Sold by
Guo Christina M and Guo Yaping
Bought by
Salach Timothy J and Salach Rebecca
Seller's Agent
Zen Chen
RE/MAX New Trend
Buyer's Agent
Michelle Stalmack
Real Estate One-Ann Arbor
List Price
$244,800
Sold Price
$246,000
Premium/Discount to List
$1,200
0.49%
Total Days on Market
8
Views
86
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,388
Avg. Annual Appreciation
5.74%
Original Mortgage
$146,000
Outstanding Balance
$144,648
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$114,741
Purchase Details
Closed on
Sep 17, 2013
Sold by
Fannie Mae
Bought by
Guo Yaping and Luo Christina M
Purchase Details
Closed on
Nov 27, 2012
Sold by
Jpmorgan Chase Bank National Assn
Bought by
Fannie Mae and Federal National Mortgage Association
Purchase Details
Closed on
Jun 21, 2012
Sold by
Thomas P Denise and Thomas Peter
Bought by
Jpmorgan Chase Bank Na
Purchase Details
Closed on
May 12, 2005
Sold by
Brown Cloris N
Bought by
Thomas P Denise
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,750
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 13, 2004
Sold by
Brown Cloris N and Standard Federal Bank
Bought by
Federal Home Loan Mortgage Corporation
Map
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $246,000 | First American Title | |
| Deed | $89,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Sheriffs Deed | $87,782 | None Available | |
| Warranty Deed | $55,000 | Liberty Title | |
| Sheriffs Deed | $24,268 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $146,000 | New Conventional | |
| Closed | $146,000 | New Conventional | |
| Previous Owner | $84,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $57,750 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/11/2024 06/11/24 | Sold | $246,000 | +0.5% | $254 / Sq Ft |
| 05/05/2024 05/05/24 | Pending | -- | -- | -- |
| 04/26/2024 04/26/24 | For Sale | $244,800 | -- | $252 / Sq Ft |
Source: Realcomp
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 | $3,475 | $121,100 | $0 | $0 |
| 2023 | $3,209 | $111,700 | $0 | $0 |
| 2022 | $3,884 | $107,600 | $0 | $0 |
| 2021 | $3,774 | $98,900 | $0 | $0 |
| 2020 | $3,655 | $95,100 | $0 | $0 |
| 2019 | $3,487 | $88,900 | $88,900 | $0 |
| 2018 | $3,421 | $78,900 | $0 | $0 |
| 2017 | $3,300 | $77,200 | $0 | $0 |
| 2016 | $2,568 | $51,971 | $0 | $0 |
| 2015 | $3,084 | $51,816 | $0 | $0 |
| 2014 | $3,084 | $49,254 | $0 | $0 |
| 2013 | -- | $49,254 | $0 | $0 |
Source: Public Records
Source: Realcomp
MLS Number: 20240027183
APN: 12-11-209-067
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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