NOT LISTED FOR SALE

Liberty Lofts Condos 315 2nd St Unit 305 Ann Arbor, MI 48103

Old West Side Neighborhood

Estimated Value: $502,000 - $565,000

1 Bed
1 Bath
953 Sq Ft
2005 Built

Last Sold February 08, 2017

Last sale price $427,000 $448 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,972/month

Highlights

  • 1 Car Attached Garage
  • Patio
  • Bathroom on Main Level
  • Bach Elementary School Rated A
  • Home Security System
  • Forced Air Heating and Cooling System

About This Home

As of June 2017

Downtown living at its best! Live the urban lifestyle in this loft style condo in this secure, elevator building with underground reserve parking included. Hardwood flooring throughout, exposed ductwork, granite and stainless kitchen with gas range. west facing balcony. in unit washer dryer. heat and water included! Unfortunately pets are not allowed for tenants in this building. Available immediately.

Last Agent to Rent the Property

Melissa Vandam

The Charles Reinhart Company License #6506044622 Listed on: 03/08/2017

Last Renter's Agent

Melissa Vandam

The Charles Reinhart Company License #6506044622 Listed on: 03/08/2017

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,852

Year Built

  • 2005

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 953 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Home Security System

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Bach Elementary School
  • Slauson Middle School
  • Pioneer High School

Utilities

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

Additional Features

  • Accessible Elevator Installed
  • Patio

Listing and Financial Details

  • Tenant pays for cable/satellite, electricitiy
  • The owner pays for association fees, heat, lawn/yard care, sewer, snow removal

Condo Details

Home Type

Condominium

Est. Annual Taxes

$14,852

Year Built

2005

Lot Details

0

Parking

1

Rental Info

  • Owner Pays: Association Fees, Heat, Lawn/Yard Care, Sewer, Snow Removal
  • Tenant Pays: Cable/Satellite, Electricitiy

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential Lease
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • ResoPropertyType: ResidentialLease
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 953.0
  • General Property Info:Design: Ranch
  • Garage Type Attached: Yes
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Air Conditioning:Central Air2: Yes
  • Access Feat Avail:Elevator3: Yes
  • General Property Info Elementary School2: Bach
  • General Property Info High School: Pioneer
  • General Property Info Middle School2: Slauson
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2005

Interior Features

  • Appliances: Security System, Dryer, Disposal, CeilingFan, Dishwasher, Microwave, Refrigerator, Washer
  • Accessibility Features: Accessible Elevator Installed, Main Floor Bath
  • Fireplace: No
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 953.0
  • General Property Info:Stories2: 1.0
  • Appliances Provided:Dishwasher2: Yes
  • Appliances Provided:Disposal2: Yes
  • Appliances Provided:Dryer2: Yes
  • Appliances Provided:Microwave2: Yes
  • Appliances Provided:Refrigerator2: Yes
  • Appliances Provided:Washer2: Yes
  • Appliances Provided:CeilingFan: Yes
  • Appliances Provided:Security System3: Yes
  • Access Feat Avail:Main Floor Bath: Yes

Exterior Features

  • List Price: 2400.0

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Attached
  • Garage:Garage2: Yes
  • Garage Type:_one_: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes

Association/Amenities

  • Landlord Provides:Association Fees: Yes
  • Other Amenities:PatioPorch Balcony: Yes
  • Other Amenities:Sidewalk2: Yes
  • Other Amenities:Cable Hookup: Yes

Schools

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

Lot Info

  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2024
Sold by
Packard 1005 Llc and Second 315-305 Llc
Bought by
Lofts 305 Llc
Current Estimated Value
$522,235

Purchase Details

Closed on
Aug 30, 2017
Sold by
Scio Village 239 216 Llc
Bought by
Second 315 305 Llc

Purchase Details

Listed on
Oct 13, 2016
Closed on
Feb 8, 2017
Sold by
Galchev Tzeno and Galchev Valadimir
Bought by
Syivan 928 Llc and Packard 1005 Llc
Seller's Agent
Suzanne Arndt
Cornerstone Real Estate
Buyer's Agent
Melissa Vandam
The Charles Reinhart Company
List Price
$439,000
Sold Price
$427,000
Premium/Discount to List
-$12,000
-2.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.34%

Purchase Details

Closed on
Jan 8, 2007
Sold by
Morningside Ann Arbor Llc
Bought by
Galchev Tzeno and Galchev Valadimir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,120
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Lofts 305 Llc $500,000 Preferred Title
Lofts 305 Llc $500,000 Preferred Title
Second 315 305 Llc -- None Available
Syivan 928 Llc $427,000 Barrister Title
Galchev Tzeno $333,900 Philip R Seaver Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Galchev Tzeno $267,120
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/29/2017 06/29/17 Rented $2,400 -9.4% --
06/16/2017 06/16/17 Under Contract -- -- --
03/08/2017 03/08/17 For Rent $2,650 0.0% --
02/08/2017 02/08/17 Sold $427,000 -2.7% $448 / Sq Ft View Prior Sale
02/07/2017 02/07/17 Pending -- -- --
10/13/2016 10/13/16 For Sale $439,000 -- $461 / 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 $14,852 $265,600 $0 $0
2024 $12,478 $253,600 $0 $0
2023 $11,522 $226,000 $0 $0
2022 $13,945 $210,100 $0 $0
2021 $13,632 $204,600 $0 $0
2020 $13,833 $211,400 $0 $0
2019 $13,636 $214,400 $214,400 $0
2018 $13,782 $215,700 $0 $0
2017 $9,493 $200,200 $0 $0
2016 $9,250 $149,495 $0 $0
2015 $8,870 $149,048 $0 $0
2014 $8,870 $144,391 $0 $0
2013 -- $144,391 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Melissa Vandam

    Landlord's Agent in 2017

    Melissa Vandam

    The Charles Reinhart Company

    (734) 417-1581

    3 in this area

    80 Total Sales

    Melissa Vandam
    Section Image
  • Suzanne Arndt

    Seller's Agent in 2017

    Suzanne Arndt

    Cornerstone Real Estate

    (734) 476-1309

    5 in this area

    49 Total Sales

    Suzanne Arndt
    Section Image
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About Liberty Lofts Condos

Map

Source: MichRIC

MLS Number: 23038597

MichRIC

APN: 09-29-301-028

Michigan Washtenaw County Ann Arbor 48103 Old West Side

315 2nd St Unit 305, Ann Arbor, MI

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MichRIC Information is deemed reliable but not guaranteed.
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