NOT LISTED FOR SALE

Liberty Lofts Condos 315 2nd St Unit 517 Ann Arbor, MI 48103

Old West Side Neighborhood

Estimated Value: $976,000 - $1,239,000

2 Beds
2 Baths
1,992 Sq Ft
$501/mo HOA Fee

Last Sold January 25, 2016

Last sale price $810,000 $407 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $7,981/month

414 Days on Market

Highlights

  • Fitness Center
  • Contemporary Architecture
  • Wood Flooring
  • Bach Elementary School Rated A
  • Vaulted Ceiling
  • Home Gym

About This Home

As of January 2016

This gorgeous, light-filled & high-end condo is 1 of 2 existing penthouses! Smartly designed w/great detail & stylish finishes thru-out. Open flr plan w/great views, beautiful maple hrdwd flrs, soaring 18ft ceilings & stunning original exposed brick wall. Beautiful cook's kit w/maple cabs, black granite c-tops, tile bk-plash, high-end apps: Wolf gas R/O & glass subzero fridge. Spacious & inviting liv/dining rm w/built-in bkcases, stunning slate surround gas FP & 2 dramatic walls of windows which let in tons of light & offer terrific views. Attractive antique sliding dr showcases the mstr bedrm w/walk-in closet & add'l built-in storage cabs. Lux mstr bath w/marble & glass tile steam shower. 1st flr study/2nd bdrm & bath. 2nd flr loft study w/exposed brick wall (plumbed for wet bar) w/roof- w/roof-top patio access. Wonderful & rare rooftop patio for entertaining. Heated indoor garage w/lift (parking 2nd car). Building includes lobby, exercise rm & storage. Located in original part of building!, Primary Bath

Last Agent to Sell the Property

Elizabeth Brien

The Charles Reinhart Company License #6506044627 Listed on: 12/04/2014

The Charles Reinhart Company

Last Buyer's Agent

Alex Milshteyn

Real Estate One Inc License #6506037173

Real Estate One Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,767

Year Built

  • Built in 2005

HOA Fees

  • $501 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,992 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Window Treatments
  • Home Gym

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Bach Elementary School
  • Forsythe Middle School
  • Skyline High School

Utilities

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

Community Details

Amenities

  • Elevator

Recreation

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,767

Year Built

Built in 2005

Lot Details

0

HOA Fees

$501 per month

Parking

2

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Contemporary
  • Stories: 2
  • Year Built: 2005
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:New Construction2: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1992.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • General Property Info:Design: Contemporary
  • Tax Info:Annual Property Tax: 16767.0
  • Tax Info:Zoning3: C2A
  • 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
  • General Property Info:Fireplace: Yes
  • Additional Items:Ceramic Floor: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Additional Items:Wood Floor: Yes
  • Additional Items:Elevator: Yes
  • General Property Info:SqFt Above Grade: 1992.0
  • Additional Items:Tile Floor: Yes
  • Additional Items:Vaulted Ceilings: Yes
  • Laundry Features Main Level: Yes
  • General Property Info Elementary School2: Bach
  • General Property Info High School: Skyline
  • General Property Info Middle School2: Forsythe
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Washer, Disposal, Dishwasher, Microwave, Oven, Range, Refrigerator
  • Interior Amenities: Ceramic Floor, Elevator, Garage Door Opener, Wood Floor, Eat-in Kitchen
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • LivingArea: 1992.0
  • Window Features: Window Treatments
  • General Property Info:Stories2: 2.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Breakfast Nook: Yes
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Patio
  • List Price: 825000.0
  • Lot Features: Sidewalk
  • Exterior Features:Patio: Yes
  • Exterior Material:Brick: 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
  • Garage:Heated Garage: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Laundry Features: Main Level
  • Utilities: Natural Gas Connected, Cable Connected

Condo/Co-op/Association

  • Association Amenities: Fitness Center, Storage
  • Association Fee: 501.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 501.0
  • Association Info:Assoc Fee Payable: Monthly
  • Assoc Amenities:Fitness Center: Yes
  • Assoc Amenities:Storage: Yes

Schools

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

Lot Info

  • Zoning Description: C2A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 16767.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2014
Closed on
Jan 25, 2016
Sold by
Landrum David and Landrum Laurel
Bought by
Young Robert
Seller's Agent
Elizabeth Brien
The Charles Reinhart Company
Buyer's Agent
Alex Milshteyn
Real Estate One Inc
List Price
$849,900
Sold Price
$810,000
Premium/Discount to List
-$39,900
-4.69%
Current Estimated Value
$1,083,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,587
Avg. Annual Appreciation
3.03%
Original Mortgage
$607,500
Outstanding Balance
$484,602
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$598,985

Purchase Details

Closed on
Nov 8, 2006
Sold by
Morningside Ann Arbor Llc
Bought by
Landrum David and Landrum Laurel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
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
Young Robert $810,000 Amer Title Co Of Washtenaw
Landrum David $629,800 Philip R Seaver Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Robert $607,500
Previous Owner Landrum David $390,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2016 01/25/16 Sold $810,000 +17900.0% $407 / Sq Ft
01/22/2016 01/22/16 Pending -- -- --
01/31/2015 01/31/15 Rented $4,500 -99.5% --
01/13/2015 01/13/15 Under Contract -- -- --
12/04/2014 12/04/14 For Sale $849,900 0.0% $427 / Sq Ft
12/04/2014 12/04/14 For Rent $4,500 +32.4% --
09/22/2014 09/22/14 Rented $3,400 -23.6% --
09/22/2014 09/22/14 Under Contract -- -- --
09/13/2014 09/13/14 For Rent $4,450 -- --
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 $21,711 $527,700 $0 $0
2024 $20,218 $499,800 $0 $0
2023 $18,642 $436,000 $0 $0
2022 $20,315 $399,400 $0 $0
2021 $19,844 $386,800 $0 $0
2020 $19,878 $390,000 $0 $0
2019 $19,623 $397,400 $397,400 $0
2018 $19,347 $387,700 $0 $0
2017 $19,572 $394,900 $0 $0
2016 $11,869 $278,628 $0 $0
2015 $16,532 $277,795 $0 $0
2014 $16,532 $269,116 $0 $0
2013 -- $269,116 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Brien

    Seller's Agent in 2016

    Elizabeth Brien

    The Charles Reinhart Company

    (734) 669-5989

    20 in this area

    376 Total Sales

    Elizabeth Brien
    Section Image
  • Alex Milshteyn

    Buyer's Agent in 2016

    Alex Milshteyn

    Real Estate One Inc

    (734) 417-3560

    30 in this area

    1,105 Total Sales

    Alex Milshteyn
    Section Image

  • A

    Buyer's Agent in 2016

    Aleksandr Milshteyn

    Howard Hanna Real Estate

  • B

    Seller's Agent in 2014

    Brian Craig

    Keller Williams Ann Arbor Mrkt

  • A

    Buyer's Agent in 2014

    Annmarie Arbaugh

    Real Estate One Inc

    (734) 585-6518

    1 in this area

    55 Total Sales

    Annmarie Arbaugh
    Section Image
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About Liberty Lofts Condos

Map

Source: MichRIC

MLS Number: 43782

MichRIC

APN: 09-29-301-074

Michigan Washtenaw County Ann Arbor 48103 Old West Side

315 2nd St Unit 517, Ann Arbor, MI

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MichRIC Information is deemed reliable but not guaranteed.
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