NOT LISTED FOR SALE

3097 Promenade Cir Unit 26 Ann Arbor, MI 48108

Estimated Value: $301,949 - $323,000

3 Beds
2.5 Baths
1,242 Sq Ft
$251/Sq Ft Est. Value

Last Sold March 25, 2022

Last sale price $264,086 $213 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,306/month

4 Days on Market

Highlights

  • Built-In Freezer
  • Balcony
  • 1 Car Attached Garage
  • Huron High School Rated A+
  • Porch
  • Central Air

About This Home

As of March 2022

HIGHEST AND BEST OFFER DEADLINE MONDAY FEB 21 AT 5:00PMThis move-in ready Madison Place condo is the perfect opportunity to begin your adventure in homeownership! Convenient to shopping, dining, and both downtown Ypsilanti/EMU and downtown Ann Arbor/UM. The main level features warm wood floors and offers a generous kitchen with granite countertops alongside the open living and dining rooms. Relax on your personal balcony or take a stroll around the community courtyard. The upstairs provides two large bedrooms with ample closet space and high ceilings that share a full bath and convenient upper-level laundry. The private lower level has another bedroom and full bath ideal for guests or working from home, plus enjoy access to the attached one-car garage with bonus storage space and back door to extra/guest parking. Walk or take a quick drive to Kroger, HomeGoods/TJ Maxx, Home Depot, and more, or use The Ride line 5 to travel between the Blake Transit Center and Ypsilanti Transit Center. Convenient to US-23 and I-9

Last Agent to Sell the Property

Abubakr Amin

Powell Real Estate License #6501439978 Listed on: 02/17/2022

Last Buyer's Agent

Imran Syed

IKL Real Estate LLC License #6501434266

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

Year Built

  • Built in 2002

HOA Fees

  • $280 Monthly HOA Fees

Home Design

  • 1,242 Sq Ft Home
  • Brick Exterior Construction
  • Poured Concrete

Kitchen

  • Built-In Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Property fronts a private road
  • Mid level unit with steps
  • Finished Basement

Listing and Financial Details

  • Assessor Parcel Number L01212210026
  • $750 Seller Concession

Community Details

Overview

  • Raelynne Rouse Association, Phone Number (734) 994-8070

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,444

Year Built

Built in 2002

Lot Details

0

HOA Fees

$280 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Townhouse
  • Year Built: 2002
  • State Equalized Value: 109200.0000
  • Entry Location: Mid Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Room Count: 10
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Built-In Freezer, Dishwasher, Disposal, Dryer, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 1242
  • Sq Ft Lower Floor: 290
  • Total Sq Ft: 1242
  • Sq Ft Total Bsmt: 612

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Porch Type: Balcony, Porch
  • Road Frontage Type: Private

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Electricity, Door Opener, Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Hot Water
  • Sewer: Septic Tank (Existing)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Maintenance Structure, Maintenance Grounds, Trash, Water
  • Association Fee Frequency: Monthly
  • Phone: 7349948070/info@fdpropertymanagement.com
  • Association Fee: 280
  • Association Contact: Raelynne Rouse
  • Association Fee: Yes

Schools

  • School District: Ann Arbor

Lot Info

  • Parcel Number: L01212210026

Tax Info

  • Tax Amount Summer: 1596.0000
  • Tax Amount Winter: 848.0000
  • Total Tax: 2444.0000
  • Taxable Value: 60261.0000

MLS Schools

  • School District: Ann Arbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2024
Sold by
Subramaniam Chakrapani
Bought by
Pham Minh Nguyet
Current Estimated Value
$311,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$237,279
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$74,458

Purchase Details

Listed on
Feb 17, 2022
Closed on
Mar 25, 2022
Sold by
Bashi Muna Aldayil and Bashi Sami
Bought by
Chakrapani Siddharth and Subramaniam Chakrapani
Seller's Agent
Abubakr Amin
Powell Real Estate
Buyer's Agent
Imran Syed
IKL Real Estate LLC
List Price
$241,375
Sold Price
$264,086
Premium/Discount to List
$22,711
9.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.74%

Purchase Details

Closed on
Jul 23, 2010
Sold by
Bashi Ahmed Sami
Bought by
Bashi Sami Anwer

Purchase Details

Closed on
Oct 30, 2006
Sold by
Cartus Financial Corp
Bought by
Bashi Sami and Bashi Munda Aldayel

Purchase Details

Closed on
Jun 15, 2006
Sold by
Tran Harry H
Bought by
Cartus Financial Corp
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Pham Minh Nguyet $300,000 Reliant Title
Pham Minh Nguyet $300,000 Reliant Title
Pham Minh Nguyet $300,000 Reliant Title
Chakrapani Siddharth -- Reliant Title
Chakrapani Siddharth -- Reliant Title
Chakrapani Siddharth $264,086 None Listed On Document
Bashi Sami Anwer -- None Available
Bashi Sami $152,500 Fidelity National Title
Cartus Financial Corp $152,500 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pham Minh Nguyet $240,000
Closed Pham Minh Nguyet $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2022 03/25/22 Sold $264,086 +9.4% $213 / Sq Ft
02/22/2022 02/22/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $241,375 -- $194 / Sq Ft
Source: Realcomp

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 $4,695 $131,353 $0 $0
2024 $3,140 $129,761 $0 $0
2023 $3,018 $116,600 $0 $0
2022 $2,538 $111,000 $0 $0
2021 $2,477 $109,200 $0 $0
2020 $2,430 $108,600 $0 $0
2019 $2,289 $91,400 $91,400 $0
2018 $2,252 $88,100 $0 $0
2017 $2,182 $84,900 $0 $0
2016 $1,406 $55,287 $0 $0
2015 -- $55,122 $0 $0
2014 -- $53,400 $0 $0
2013 -- $53,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2220010057

Realcomp

APN: 12-12-210-026