$534,000 - $643,000
RENTED AUG 15, 2025

Liberty Lofts Condos 315 2nd St Unit 416 Ann Arbor, MI 48103

Old West Side Neighborhood
1 Bed
1.5 Baths
906 Sq Ft
2005 Built

Highlights

  • Ground Level Unit
  • No HOA
  • 1 Car Attached Garage
  • Bach Elementary School Rated A
  • Balcony
  • Lobby

About This Home

As of August 2025

**Move In Ready** Live in style in this 4th-floor gem just 5 minutes from the iconic University of Michigan Football Stadium, around the corner from downtown Ann Arbor, and less than 5 minute drive or bus ride to UofM! This spacious 1 bedroom, 1.5 bath loft features modern finishes, soaring ceilings, walk-in closet, and an open floor plan perfect for entertaining. Enjoy the convenience of being steps away from Ann Arbor's best shops, restaurants, and vibrant nightlife. Includes newly renovated kitchen, 4th floor private balcony, stainless steel appliances with a gas stove, and 1 assigned parking spot in the attached covered garage. Water and gas is included in the monthly rent. Pets not allowed. Fitness center and bike storage available!

Last Agent to Rent the Property

Mary Maher

Berkshire Hathaway HomeServices The Loft Warehouse License #6501418274 Listed on: 06/24/2025

Berkshire Hathaway HomeServices The Loft Warehouse

Last Renter's Agent

Mary Maher

Berkshire Hathaway HomeServices The Loft Warehouse License #6501418274 Listed on: 06/24/2025

Berkshire Hathaway HomeServices The Loft Warehouse

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,246

Year Built

  • Built in 2005 | Remodeled in 2024

Parking

  • 1 Parking Garage Space

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 906 Sq Ft Home
  • 1-Story Property
  • Stacked Washer and Dryer

Kitchen

  • Free-Standing Gas Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • Sewer in Street

Additional Features

  • Ground Level Unit

Listing and Financial Details

  • Security Deposit $3,000
  • 12 Month Lease Term
  • 24 Month Lease Term
  • Application Fee: 50.00
  • Assessor Parcel Number 090929301056

Community Details

Overview

  • No Home Owners Association
  • High-Rise Condominium
  • Liberty Lofts Condo Subdivision

Amenities

  • Laundry Facilities
  • Lobby

Condo Details

Home Type

Condominium

Est. Annual Taxes

$11,246

Year Built

Built in 2005 | Remodeled in 2024

Lot Details

0

Rental Info

  • Application Fee: 50.00
  • Lease Type: Apartments
  • Rent Includes: Water
  • Security Deposit: 3000.00
  • Tenant Amenities: Fitness Center, Laundry In-Unit

Listing Details

  • Property Type: Condominium
  • Architecture Style: Common Entry Building, High Rise
  • Architecture Level: 1 Story
  • Year Built: 2005
  • Year Renovated: 2024
  • Entry Location: Ground Level
  • Pets Allowed: No
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Room Count: 5
  • Total Bedrooms: 1
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Kitchen Appliances: Dishwasher, Free-Standing Gas Oven, Free-Standing Refrigerator, Microwave, Washer/Dryer Stacked
  • Sq Ft Combined: 906
  • Total Sq Ft: 906

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Brick
  • Porch Type: Balcony
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: 1 Assigned Space, Attached
  • Garage: Yes
  • MF Parking: Assigned

Utilities

  • Heating Fuel: Electric
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Water at Street
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Fee Information

  • Additional Fee: 250.00

Schools

  • School District: Ann Arbor

Lot Info

  • Parcel Number: 090929301056

Multi Family

  • Length of Lease: 12 Months, 13-24 Months

MLS Schools

  • School District: Ann Arbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2013
Sold by
Mary Beth Gallagher Living Trust
Bought by
Nelidov Terry
Current Estimated Value
$587,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,350
Interest Rate
4.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2007
Sold by
Hoffman Jeannine
Bought by
Gallagher Mary Beth and Gallagher Daniel C

Purchase Details

Closed on
Sep 27, 2006
Sold by
Morningside Ann Arbor Llc
Bought by
Hoffman Jeannine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
6.49%
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
Nelidov Terry $377,800 Liberty Title
Gallagher Mary Beth $352,500 Philip R Seaver Title Co Inc
Hoffman Jeannine $345,900 Philip R Seaver Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelidov Terry $283,350
Previous Owner Hoffman Jeannine $234,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 Rented $2,900 -3.3% --
07/18/2025 07/18/25 Under Contract -- -- --
06/24/2025 06/24/25 For Rent $3,000 -- --
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 $11,246 $295,600 $0 $0
2024 $10,472 $281,600 $0 $0
2023 $11,246 $249,500 $0 $0
2022 $9,004 $231,000 $0 $0
2021 $16,373 $224,500 $0 $0
2020 $10,067 $230,500 $0 $0
2019 $9,580 $234,000 $234,000 $0
2018 $9,445 $237,300 $0 $0
2017 $9,188 $226,800 $0 $0
2016 $7,826 $183,733 $0 $0
2015 $8,442 $183,184 $0 $0
2014 $8,442 $160,585 $0 $0
2013 -- $160,585 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mary Maher

    Landlord's Agent in 2025

    Mary Maher

    Berkshire Hathaway HomeServices The Loft Warehouse

    (313) 658-6400

    9 Total Sales

    Mary Maher
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About Liberty Lofts Condos

Map

Source: Realcomp

MLS Number: 20251011293

Realcomp

APN: 09-29-301-056

Michigan Washtenaw County Ann Arbor 48103 Old West Side

315 2nd St Unit 416, Ann Arbor, MI

This home is located at 315 2nd St Unit 416, Ann Arbor, MI 48103 since 24 June 2025 and is currently priced at $587,235. This property was built in 2005. 315 2nd St Unit 416 is a home located in Washtenaw County with nearby schools including Bach Elementary School, Slauson Middle School, and Pioneer High School.

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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