NOT LISTED FOR SALE

Estimated Value: $584,451 - $715,000

2 Beds
2 Baths
997 Sq Ft
$429/mo HOA Fee

Last Sold May 25, 2023

Last sale price $547,500 $549 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,422/month

39 Days on Market

Highlights

  • Fitness Center
  • Ranch Style House
  • Home Gym
  • Bach Elementary School Rated A
  • End Unit
  • 1-minute walk to Liberty Plaza

About This Home

As of May 2023

Beautiful light filled condo in the heart of downtown Ann Arbor. This 2 bedroom and 2 full bathroom unit has great natural light in every room. Located midway between State St and Main St makes it the perfect location for every amenity Ann Arbor has to offer. One block from the bus station, Library and almost every restaurant in town. a Modern industrial feel with exposed brick and ductwork and large enough for a sectional and large dining table to entertain friends and family. The condo includes a deeded assigned parking space, bike storage, an assigned storage closet, secure entrance and garage and a complex fitness room open 24 hours a day. The perfect condo for anyone looking to walk around town, to campus or to the Big House on football Saturdays.

Last Agent to Sell the Property

Darlene McLane Dresch

Keller Williams Ann Arbor License #6501397105 Listed on: 04/14/2023

Keller Williams Ann Arbor

Co-Listed By

Christina Restrick

Keller Williams Ann Arbor License #6501397712

Last Buyer's Agent

Middy Matthews

More Group Michigan, LLC License #6501383992

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2006

Lot Details

  • 8,756

HOA Fees

  • $429 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 997 Sq Ft Home
  • Window Treatments
  • Home Gym

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Balcony
  • End Unit

Community Details

Overview

  • Association fees include trash, snow removal
  • Loft 322 Condo Subdivision

Amenities

  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center

Property Details

Home Type

Condominium

Year Built

Built in 2006

Lot Details

0

HOA Fees

$429 per month

Parking

1

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • Year Built: 2006
  • ResoPropertyType: Residential
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Microwave: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Washer, Dishwasher, Microwave, Oven, Range, Refrigerator
  • Interior Amenities: Ceramic Floor, Elevator, Garage Door Opener, Laminate Floor, Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • LivingArea: 997.0
  • Window Features: Window Treatments
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Common Walls: End Unit
  • Construction Materials: Brick
  • Exterior Features: Balcony
  • List Price: 559900.0
  • Lot Features: Sidewalk
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • Garage: Yes
  • Garage:Garage2: Yes
  • Additional Items:Garage Door Opener: Yes
  • Garage Type:_one_: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Laundry Features: Main Level
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Fitness Center, Storage
  • Association Fee: 429.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 429.0
  • Association Info:Assoc Fee Payable: Monthly
  • General Property Info:Association Contact: Barb 734-663-6138 in
  • Assoc Amenities:End Unit: Yes
  • Assoc Amenities:Fitness Center: Yes
  • Assoc Amenities:Storage: Yes

Fee Information

  • Association Fee Includes: Trash, Snow Removal

Schools

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

Lot Info

  • Zoning Description: C2A/
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 18953.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2023
Closed on
May 25, 2023
Sold by
Walter Reddig Trust
Bought by
Micklow Susan L
Seller's Agent
Darlene McLane Dresch
Keller Williams Ann Arbor
Buyer's Agent
Middy Matthews
More Group Michigan, LLC
List Price
$559,900
Sold Price
$547,500
Premium/Discount to List
-$12,400
-2.21%
Total Days on Market
39
Current Estimated Value
$629,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,113
Avg. Annual Appreciation
7.13%

Purchase Details

Closed on
Jan 17, 2023
Sold by
Reddig Walter
Bought by
Walter Reddig Trust

Purchase Details

Listed on
Oct 21, 2020
Closed on
Nov 25, 2020
Sold by
Chung Young Shik David
Bought by
Reddig Walter
Seller's Agent
Ariel Hurwitz-Greene
@properties Christie's Int'lAA
Buyer's Agent
No Member
Non Member Sales
List Price
$530,000
Sold Price
$518,700
Premium/Discount to List
-$11,300
-2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.38%

Purchase Details

Closed on
Dec 8, 2006
Sold by
Loft 322 Llc
Bought by
Chung Young Shik David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,500
Interest Rate
6.36%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Micklow Susan L $547,500 Liberty Title
Walter Reddig Trust -- None Listed On Document
Reddig Walter $518,700 None Available
Chung Young Shik David $370,900 Philip R Seaver Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chung David $277,895
Previous Owner Chung David $296,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2023 05/25/23 Sold $547,500 -2.2% $549 / Sq Ft
05/23/2023 05/23/23 Pending -- -- --
04/14/2023 04/14/23 For Sale $559,900 +7.9% $562 / Sq Ft
11/25/2020 11/25/20 Sold $518,700 -2.1% $520 / Sq Ft
11/25/2020 11/25/20 Pending -- -- --
10/21/2020 10/21/20 For Sale $530,000 -- $532 / 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
2024 $17,502 $324,900 $0 $0
2023 $15,761 $303,800 $0 $0
2022 $19,076 $287,400 $0 $0
2021 $18,576 $278,800 $0 $0
2020 $9,770 $257,800 $0 $0
2019 $9,298 $275,600 $275,600 $0
2018 $9,167 $269,100 $0 $0
2017 $8,918 $245,800 $0 $0
2016 $7,596 $178,323 $0 $0
2015 $8,193 $177,790 $0 $0
2014 $8,193 $172,236 $0 $0
2013 -- $172,236 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23128832

Southwestern Michigan Association of REALTORS®

APN: 09-29-111-026