NOT LISTED FOR SALE

309 N Ashley St Unit 304 Ann Arbor, MI 48103

Water Hill Neighborhood

Estimated Value: $1,389,000 - $1,465,000

3 Beds
2 Baths
2,180 Sq Ft
$475/mo HOA Fee

Last Sold March 22, 2023

Last sale price $1,285,000 $589 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $10,433/month

228 Days on Market

Highlights

  • New Construction
  • Wood Flooring
  • Elevator
  • Bach Elementary School Rated A
  • End Unit
  • 3-minute walk to Sculpture Plaza

About This Home

As of March 2023

Luxurious brand new construction in Downtown Ann Arbor without the wait! This stunning ranch style condo has beautiful treetop views and exquisite finishes throughout. Chef's kitchen includes Scavolini Italian cabinets, Thermador professional appliances, reverse osmosis water filtration, and overlooks the spacious dining and living areas. Huge outdoor balcony includes both gas and water lines. The primary bedroom suite includes a large walk-in closet, cozy outdoor balcony, and stunning bathroom with heated floors and waterfall shower. With 2 additional bedrooms, a 2nd full bath, plus a flexible room for storage or a home office, you certainly won't run out of space. 2 convenient parking spots in the garage, already prepped for electric vehicle installation. This home really has it all including a fantastic location close to Main St., Kerrytown, the Farmers Market, parks, shopping, expressways, and more!, Primary Bath

Last Agent to Sell the Property

Matthew Miller

The Charles Reinhart Company License #6506044618 Listed on: 08/05/2022

The Charles Reinhart Company

Last Buyer's Agent

Sierra Imwalle

The Charles Reinhart Company License #6501399790

The Charles Reinhart Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,212

Year Built

  • Built in 2022 | New Construction

Lot Details

  • End Unit

HOA Fees

  • $475 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Proposed Property
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2,180 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Schools

  • Bach Elementary School
  • Slauson Middle School
  • Skyline High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

Overview

  • Association fees include water, trash, snow removal, sewer, lawn/yard care

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,212

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$475 per month

Parking

2

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: Yes
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 2022
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:New Construction2: Yes
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 2180.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • General Property Info:Design: Ranch
  • Tax Info:Annual Property Tax: 11212.0
  • Tax Info:Zoning3: D2
  • Garage Type Attached: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Construction Status: Proposed
  • General Property Info:Fireplace: Yes
  • Substructure:Slab: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Ceramic Floor: Yes
  • Appliances Microwave: Yes
  • Additional Items:Wood Floor: Yes
  • Additional Items:Elevator: Yes
  • General Property Info:SqFt Above Grade: 2180.0
  • Additional Items:Tile Floor: Yes
  • Laundry Features Main Level: Yes
  • General Property Info Elementary School2: Bach
  • General Property Info High School: Skyline
  • General Property Info Middle School2: Slauson
  • Special Features: 4098
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Washer, Disposal, Dishwasher, Microwave, Oven, Range, Refrigerator
  • Interior Amenities: Ceiling Fans, Ceramic Floor, Elevator, Garage Door Opener, Wood Floor, Eat-in Kitchen
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Slab
  • LivingArea: 2180.0
  • General Property Info:Stories2: 1.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Common Walls: End Unit
  • Construction Materials: Brick
  • Exterior Features: Balcony, Patio
  • List Price: 1325000.0
  • Lot Features: Sidewalk
  • Exterior Features:Patio: Yes
  • Exterior Material:Brick: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Garage:Garage2: Yes
  • Garage Type:_two_: Yes
  • Additional Items:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Laundry Features: Main Level
  • Sewer: Public Sewer
  • Utilities: Storm Sewer Available, Natural Gas Connected, Cable Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 475.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 475.0
  • Association Info:Assoc Fee Payable: Monthly
  • General Property Info:Association Contact: 734.769.2344
  • Assoc Amenities:End Unit: Yes

Fee Information

  • Association Fee Includes: Water, Trash, Snow Removal, Sewer, Lawn/Yard Care

Schools

  • Elementary School: Bach
  • High School: Skyline
  • Middle/Junior School: Slauson

Lot Info

  • Zoning Description: D2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 11212.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2022
Closed on
Mar 20, 2023
Sold by
Tyma Paul and Tyma Martha
Bought by
Nickel Janet E and Nickel Douglas E
Seller's Agent
Matthew Miller
The Charles Reinhart Company
Buyer's Agent
Sierra Imwalle
The Charles Reinhart Company
List Price
$1,500,000
Sold Price
$1,285,000
Premium/Discount to List
-$215,000
-14.33%
Current Estimated Value
$1,377,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,726
Avg. Annual Appreciation
4.30%
Original Mortgage
$941,250
Outstanding Balance
$909,558
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$513,302

Purchase Details

Closed on
Jul 28, 2022
Sold by
307 North Ashley Llc
Bought by
Tyma Paul and Andrews Martha
Source: Public Records

Range of Values:

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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
Nickel Janet E $1,285,000 Liberty Title
Tyma Paul $1,253,326 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nickel Janet E $941,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2023 03/22/23 Sold $1,285,000 -14.3% $589 / Sq Ft
03/21/2023 03/21/23 Pending -- -- --
08/05/2022 08/05/22 For Sale $1,500,000 -- $688 / 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
2025 $29,417 $659,600 $0 $0
2024 $28,508 $620,900 $0 $0
2023 $25,258 $568,200 $0 $0
2022 $13,451 $270,700 $0 $0
2021 $3,616 $122,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 54429

Southwestern Michigan Association of REALTORS®

APN: 09-29-150-072