NOT LISTED FOR SALE

320 Koch Ave Ann Arbor, MI 48103

Old West Side Neighborhood

Estimated Value: $1,217,907

-- Bed
-- Bath
4,248 Sq Ft
$287/Sq Ft Est. Value

Last Sold July 17, 2020

Last sale price $950,000 $224 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $8,314/month

17 Days on Market

Highlights

  • Central Air
  • Bach Elementary School Rated A
  • Laundry Facilities

About This Home

As of July 2020

This home is located at 320 Koch Ave, Ann Arbor, MI 48103 since 05 June 2020 and is currently estimated at $1,217,907, approximately $286 per square foot. This property was built in 1958. 320 Koch Ave is a home located in Washtenaw County with nearby schools including Bach Elementary School, Slauson Middle School, and Pioneer High School.

Last Agent to Sell the Property

Richard Jarzembowski

The Charles Reinhart Company License #6501177517 Listed on: 06/05/2020

The Charles Reinhart Company

Last Buyer's Agent

Scott Guyor

The Charles Reinhart Company License #6501326371

The Charles Reinhart Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,621

Year Built

  • Built in 1958

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 80x83

Parking

  • 6 Parking Spaces

Home Design

  • Slab Foundation

Schools

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

Utilities

  • Central Air

Listing and Financial Details

  • Tenant pays for electric

Community Details

Building Details

  • Insurance Expense $8,916
  • Gross Income $60,387

Additional Features

  • 6 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,621

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1958
  • Location Property Info:Property Sub-Type: 5+ Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 80X83
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 13621.0
  • Tax Info:Zoning3: R4B
  • General Property Info:Total _pound_ Units: 6
  • Air Conditioning:Central Air: Yes
  • Substructure:Slab: Yes
  • Extras:Laundry Facility: 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: MultiFamily

Interior Features

  • Basement: Slab
  • Basement: No

Exterior Features

  • Construction Materials: Other
  • List Price: 1100000.0

Garage/Parking

  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Schools

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

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Dimensions: 80X83
  • Lot Size Sq Ft: 6534.0
  • Zoning Description: R4B
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electric

Multi Family

  • Gross Income: 60387.0
  • Insurance Expense: 8916.0
  • Number of Units Total: 6

Tax Info

  • Tax Annual Amount: 13621.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2020
Closed on
Jul 17, 2020
Sold by
Abed Susan
Bought by
320 Koch Llc
Seller's Agent
Richard Jarzembowski
The Charles Reinhart Company
Buyer's Agent
Scott Guyor
The Charles Reinhart Company
List Price
$1,100,000
Sold Price
$950,000
Premium/Discount to List
-$150,000
-13.64%
Current Estimated Value
$1,217,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,907
Avg. Annual Appreciation
4.19%

Purchase Details

Closed on
Apr 26, 2010
Sold by
Urban Mitchell
Bought by
Koch Avenue Apartments Llc

Purchase Details

Closed on
Mar 27, 2007
Sold by
Harrison Group Inc
Bought by
Urban Mitchell
Source: Public Records

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 Buyer Sale Price Title Company
320 Koch Llc -- None Available
Abed Susan $950,000 American Ttl Co Of Washtenaw
Koch Avenue Apartments Llc -- None Available
Urban Mitchell $635,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2020 07/17/20 Sold $950,000 -13.6% $224 / Sq Ft
06/22/2020 06/22/20 Pending -- -- --
06/05/2020 06/05/20 For Sale $1,100,000 -- $259 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

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 $22,593 $397,400 $0 $0
2024 $22,593 $365,800 $0 $0
2023 $17,527 $356,800 $0 $0
2022 $21,214 $327,300 $0 $0
2021 $20,615 $309,400 $0 $0
2020 $14,280 $299,100 $0 $0
2019 $13,621 $276,700 $276,700 $0
2018 $13,364 $262,500 $0 $0
2017 $12,892 $245,500 $0 $0
2016 $12,562 $203,027 $0 $0
2015 $12,046 $202,420 $0 $0
2014 $12,046 $196,096 $0 $0
2013 -- $196,096 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Richard Jarzembowski

    Seller's Agent in 2020

    Richard Jarzembowski

    The Charles Reinhart Company

    (734) 645-3634

    2 in this area

    101 Total Sales

    Richard Jarzembowski
    Section Image
  • Scott Guyor

    Buyer's Agent in 2020

    Scott Guyor

    The Charles Reinhart Company

    (734) 904-1900

    7 in this area

    197 Total Sales

    Scott Guyor
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18177

Southwestern Michigan Association of REALTORS®

APN: 09-29-335-005

Michigan Washtenaw County Ann Arbor 48103 Old West Side

320 Koch Ave, Ann Arbor, MI

This home is located at 320 Koch Ave, Ann Arbor, MI 48103 since 05 June 2020 and is currently estimated at $1,217,907, approximately $286 per square foot. This property was built in 1958. 320 Koch Ave is a home located in Washtenaw County with nearby schools including Bach Elementary School, Slauson Middle School, and Pioneer High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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