$314,900
SOLD NOV 13, 2015
4 Beds
2 Baths
1,824 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$173 Per Sq Ft

25 Days on Market

Highlights

  • Porch
  • Forced Air Heating and Cooling System
  • High Speed Internet
  • Eberwhite Elementary School Rated A
  • Laundry Facilities
  • 1-minute walk to Waterworks Park

About This Home

As of November 2015

Well maintained investment property just a short walk to the center of downtown Ann Arbor! 2 unit duplex right next to Waterworks Park. Each unit has 2 bed and 1 bath. The lower unit is currently vacant with laminate flooring in kitchen with newer carpet. (Hardwood flooring under the carpet). Full bath with 2 bedrooms each with a large closet. The upper unit has a tenant renting month to month. Upper unit has 2 bed and 1 bath with a larger living room. The basement is common with a washer and dryer for each unit. The basement was waterproofed approx 7 years ago. Each unit has a refrigerator and stove that stays with the property. The large backyard contains a large common shed for owners/tenants use. Owner is installing a new roof by September 25th, 2015. Don’t miss out on this excellent opportunity!

Last Agent to Sell the Property

Glover Agency

KW Professionals License #6501317808

KW Professionals

Co-Listed By

Amy Duncan

KW Professionals License #6501362285

Last Buyer's Agent

Non Participant

Non Realcomp Office License #RCO

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1955

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132

Parking

  • Paved Parking

Home Design

  • Duplex
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,824 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 090929206011

Community Details

Overview

  • 2 Units
  • Jewetts Add Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,068

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Laundry Facility
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Common
  • Sq Ft Combined: 1824
  • Total Sq Ft: 1824
  • Sq Ft Total Bsmt: 912

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Frontage Feet: 66
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Ann Arbor

Lot Info

  • List Price per Acre: 1574500.0000
  • Lot Size Area: 0.20
  • Lot Dimensions: 66X132
  • Parcel Number: 090929206011
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Water/Sewer
  • Legal Rental Certified: Yes

Tax Info

  • Tax Amount Summer: 5597.0000
  • Tax Amount Winter: 1471.0000
  • Total Tax: 7068.0000

Multi Family

  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 1

MLS Schools

  • School District: Ann Arbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2015
Closed on
Nov 16, 2015
Sold by
Madland Adrian and Madland Heather
Bought by
Ann Arbor Real Estate Investments Llc
Seller's Agent
Glover Agency
KW Professionals
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$314,900
Sold Price
$314,900
Total Days on Market
25
Current Estimated Value
$601,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,932
Avg. Annual Appreciation
7.03%
Original Mortgage
$236,175
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2010
Sold by
Lambarth Wayne E and Lambarth Kathleen C
Bought by
Lambarth Wayne E and Lambarth Kathleen C

Purchase Details

Closed on
Sep 1, 2005
Sold by
Lambarth Wayne E
Bought by
Lambarth Wayne E and Lambarth Kathleen C

Map

Range of Values:

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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 Type Sale Price Title Company
Quit Claim Deed -- None Available
Warranty Deed $314,900 Fnt
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $236,175 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2016 05/02/16 Rented $1,650 -8.3% --
04/10/2016 04/10/16 Under Contract -- -- --
02/03/2016 02/03/16 For Rent $1,800 0.0% --
11/13/2015 11/13/15 Sold $314,900 0.0% $173 / Sq Ft
10/12/2015 10/12/15 Pending -- -- --
09/17/2015 09/17/15 For Sale $314,900 -- $173 / 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 $8,914 $213,900 $0 $0
2023 $8,231 $188,700 $0 $0
2022 $9,962 $187,800 $0 $0
2021 $9,681 $173,000 $0 $0
2020 $9,376 $186,700 $0 $0
2019 $9,332 $186,400 $186,400 $0
2018 $8,774 $166,200 $0 $0
2017 $8,465 $142,700 $0 $0
2016 $6,586 $133,300 $0 $0
2015 $7,068 $118,770 $0 $0
2014 $7,068 $115,609 $0 $0
2013 -- $115,609 $0 $0
Source: Public Records

Source: Realcomp

MLS Number: 215100988

Realcomp

APN: 09-29-206-011