NOT LISTED FOR SALE

324 E Jefferson St Ann Arbor, MI 48104

Germantown Neighborhood

Estimated Value: $1,354,040

Studio
4 Baths
4,570 Sq Ft
$296/Sq Ft Est. Value

Last Sold September 17, 2018

Last sale price $950,000 $208 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $9,821/month

44 Days on Market

Highlights

  • Community Storage Space
  • Wood Siding
  • 2-minute walk to Hanover Square Park
  • Bach Elementary School Rated A

About This Home

As of September 2018

This home is located at 324 E Jefferson St, Ann Arbor, MI 48104 since 18 June 2018 and is currently estimated at $1,354,040, approximately $296 per square foot. This property was built in 1901. 324 E Jefferson St 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

Bennett Borsuk

Cabrio Group LLC License #6502352863 Listed on: 06/18/2018

Last Buyer's Agent

Bennett Borsuk

Cabrio Group LLC License #6502352863 Listed on: 06/18/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,375

Year Built

  • Built in 1901

Lot Details

  • 6,534

Parking

  • 7 Parking Spaces

Home Design

  • Slab Foundation
  • Wood Siding

Schools

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

Additional Features

  • Basement Fills Entire Space Under The House
  • 6,534 Sq Ft Lot
  • Cable TV Available

Community Details

Overview

  • Property has a Home Owners Association
  • 6 Units

Additional Features

  • Community Storage Space
  • Gross Income $84,936

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,375

Year Built

Built in 1901

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi Family
  • Year Built: 1901
  • Location Property Info:Property Sub-Type: 5+ Units
  • General Property Info:Basement: Yes
  • Tax Info:Zoning3: R4C
  • General Property Info:Total _pound_ Units: 6
  • Substructure:Full: Yes
  • Substructure:Slab: Yes
  • General Property Info Elementary School2: Bach Elementary School
  • General Property Info High School: Pioneer High School
  • General Property Info Middle School2: Slauson Middle School
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Slab
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 1075000.0
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 7.0
  • General Property Info:Total Parking Spaces: 7.0

Condo/Co-op/Association

  • Association Amenities: Cable TV, Storage
  • Association: Yes

Association/Amenities

  • Assoc Amenities:Cable TV: Yes
  • Assoc Amenities:Storage: Yes

Schools

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

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6534.0
  • Zoning Description: R4C

Multi Family

  • Gross Income: 84936.0
  • Number of Units Total: 6

Tax Info

  • Tax Annual Amount: 22375.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2018
Closed on
Sep 17, 2018
Sold by
Cabrio Summit Llc
Bought by
324 E Jefferson Llc
Seller's Agent
Bennett Borsuk
Cabrio Group LLC
Buyer's Agent
Bennett Borsuk
Cabrio Group LLC
List Price
$1,075,000
Sold Price
$950,000
Premium/Discount to List
-$125,000
-11.63%
Current Estimated Value
$1,354,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$404,040
Avg. Annual Appreciation
4.83%

Purchase Details

Closed on
Jun 26, 2014
Sold by
324 East Jefferson Llc
Bought by
Cabrio Summit Llc

Purchase Details

Closed on
May 19, 2004
Sold by
Snook Evelyn June
Bought by
324 East Jefferson Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
324 E Jefferson Llc $950,000 None Available
Cabrio Summit Llc $575,000 None Available
324 East Jefferson Llc -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2018 09/17/18 Sold $950,000 -11.6% $208 / Sq Ft
08/01/2018 08/01/18 Pending -- -- --
06/18/2018 06/18/18 For Sale $1,075,000 -- $235 / Sq Ft
Source: MichRIC

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 $32,373 $731,700 $0 $0
2024 $31,486 $653,500 $0 $0
2023 $29,074 $690,600 $0 $0
2022 $35,189 $630,000 $0 $0
2021 $34,195 $600,000 $0 $0
2020 $33,119 $519,900 $0 $0
2019 $31,590 $496,700 $496,700 $0
2018 $23,194 $425,300 $0 $0
2017 $22,375 $405,000 $0 $0
2016 $21,802 $352,353 $0 $0
2015 $8,265 $351,300 $0 $0
2014 $8,265 $134,545 $0 $0
2013 -- $134,545 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Bennett Borsuk

    Cabrio Group LLC

    (248) 613-1637

    6 Total Sales

    Bennett Borsuk
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Map

Source: MichRIC

MLS Number: 18050

MichRIC

APN: 09-29-436-013

Michigan Washtenaw County Ann Arbor 48104 Germantown

324 E Jefferson St, Ann Arbor, MI

Not Listed for Sale

MultiFamily

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.

MichRIC Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.

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